Changes such as increasing digitization and migration to the cloud infrastructure led to increase in demand for managed IT services and changed the market dynamics globally. Global industry leaders and large organizations see an increasing trend of outsourcing across various industries to drive the managed IT services market.
Market Research HUB has added a new report titled "Global Managed IT Service Providers Market Report" to its vast database of market reports. The global market for managed IT services reached $149.1 billion in 2016.
This market is estimated to reach $256.5 billion in 2021 from $166.7 billion in 2017 at a compound annual growth rate (CAGR) of 11.5% for 2017-2021.
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Increasing demand from cloud based services from the banking, financial services and insurance, technology, and healthcare industries is expected to drive this market. Many companies are expanding their geographical presence inorganically through mergers and acquisitions.
Moreover, there is increasing government support for IT initiatives and use of technology in their processes. These factors are expected to drive the global managed IT services market.
- An overview of the global market for managed IT services.
- Analyses of global market trends, with data from 2012 through 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022.
- Characterization and quantification of the market potential for managed IT services by region and product.
- Evaluation of the market by segments such as infrastructure services, network services, security services, and other services.
- Discussion of market drivers, restraints, and trends affecting the market.
- Profiles of the major companies in the industry, including: IBM, DXC Technology, Fujitsu Ltd., Atos, Deutsche Telekom, Tata Consultancy Services(TCS), Huawei Technologies Co. Ltd, Cisco Systems Inc.
This research report covers the overall global managed IT services market and categorizes it by geographies and by service type. Service types include infrastructure services, network services, security services and other services.
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Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Managed IT Services Market Characteristics
Managed IT Services
Managed Service Provider
Types of Managed IT Services
Managed IT Infrastructure Services
Managed Network Services
Managed Security Services
Other Managed IT Services
Managed IT Services Supply Chain
Managed IT Service Providers
IT Consulting Companies
Drivers and Restraints
Overall Market Trends
Managed Security Service Trends
Chapter 4 Global Managed IT Services Market Size
Global Managed IT Services Market, Historic Period (2012-2016)
Global Managed IT Services Market, Forecast Period (2017-2021)
Global Managed IT Services Market, By Geography
Global Managed IT Services Market, By Segments
Chapter 5 USA Managed IT Service Market Size
USA Managed IT Services Market, Historic Period (2012-2016)
USA Managed IT Services Market, Forecast Period (2017-2021)
USA Managed IT Services Market, By Segments
Chapter 6 Recent Industry Developments
News and Developments
Harbor Advisors LLC acquires the shares of DXC Technology Company by investing $2.47 million
Huawei plans to build up its cloud capabilities and infrastructure by spending $500 million
Fujitsu supports Digital Transformation by investing 50 Million Euros in France
Cisco invests $30 million in a cybersecurity firm named Exabeam
IBM boosts its client adoption by investing to lead Global Internet of Things Market
Accenture accelerates growth in robotics by investing 500,000 in RoboValley
Cisco invests $1.4 billion in Jasper
Symantec inaugurated its new global security operation centers by investing $50 million
Bain Capital and Technology Crossover Ventures (TCV) funds Rapid7 with $30 Million
Mergers and Acquisitions
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