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Managed services market value to reach USD 296.38 billion by 2023 according to new research report

Industrial Market Research

Global Managed Services Market - Segmented by Deployment (Cloud, On-premise), Type (Managed Data Centre, Managed Mobility, Managed Security, Managed Communications, Managed Network, Managed Infrastructure, Managed Information), Enterprise (Small and Medium Enterprise, Large Enterprise) and Region - Growth, Trends and Forecasts (2018 - 2023)

The Global Managed Services Market was valued at USD 155.91 billion in 2017, and is expected to reach USD 296.38 by 2023, witnessing a CAGR of 11.32% during the forecast period, 2018-2023.

Browse details of 103 pages research report developed on Global Managed Services Market at…-data-cen/3371700 Make an Inquiry about this news

The global managed services market is expected to witness keen interest in information services and managed mobility. There has been a shift in focus toward managed services and their applications for both short- and long-term strategic decisions.

As managed services enable a company to access enhanced applications and services that could not be possible in-house, it helps them to target their core strategic area, while outsourcing the rest of the tasks to the service providers who possess the operational expertise in that domain.