Managed Services Market is projected to exceed USD 350 billion by 2026. Rapid proliferation of smart devices and rising internet penetration are major factors expected to push the demand for managed services in the years ahead. Alongside, favorable government initiatives for fast-paced adoption of cloud computing services will also lend a positive impetus to the global market share.

managed services market support companies in shifting the complete business operations and processes to partner companies to strengthen business efficiency and improve operational quality. This surging emphasis on outsourcing of network monitoring, maintenance, and cybersecurity by major market players will play a pivotal role in boosting the industry outlook.

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The global market is depicting expansion in various regions like Europe, the U.S., Canada, among others. Of these, the Europe managed services market is set to hold a 20% share through 2026, driven by the extensive digitization and mounting cyber incidents that are pushing enterprises to adopt managed security services.

To cite this with an example, the Hiscox Cyber Readiness Report 2019 showed that the cyberattacks on organizations in the UK amplified from 40% to 55% in 2018. Also, the big market players like Atos SE and Thales Group, offer managed security services and are growing their partner network to provide services to customers from unserved regions.

Speaking of risks, the budding technological advancements are encouraging enterprises to deploy additional tools and services to protect their business, further increasing the demand for managed backup and recovery service. The global managed services market size from the managed backup and recovery service segment is anticipated to register significant growth in the coming years as it helps businesses in analyzing the complete business environment and allow the businesses to operate in a hassle-free manner.

The ongoing COVID-19 pandemic has fueled the worldwide managed services market share growth. The large enterprises have adopted remote work culture, in response to the COVID-19 crisis. Traditionally, the IT teams have the responsibility of monitoring and maintaining the complete infrastructure and make changes as per the business requirement. But, due to the pandemic, the organizations are adopting various managed services as well, to deal with increasing proliferation of work-from-home culture.

The Prominent Key Players in the market include Accenture plc, AT&T, Inc., ATOS SE, CENTURYLINK, INC (Lumen Technologies ), Cisco Systems, Inc., Cloudreach, Cognizant, Deloitte Touche Tomatsu Limited

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Table of Content

Chapter 6   Managed Services Market, By Organization Size

6.1    Key trends, by organization size

6.2    SMEs

6.2.1    Market estimates and forecast, 2015 - 2026

6.3    Large enterprises

6.3.1    Market estimates and forecast, 2015 – 2026

Chapter 7   Managed Services Market, By Industry Vertical

7.1    Key trends, by industry vertical

7.2    IT & telecom

7.2.1    Market estimates and forecast, 2015 - 2026

7.3    BFSI

7.3.1    Market estimates and forecast, 2015 – 2026

7.4    Healthcare

7.4.1    Market estimates and forecast, 2015 – 2026

7.5    Retail

7.5.1    Market estimates and forecast, 2015 - 2026

7.6    Energy & utility

7.6.1    Market estimates and forecast, 2015 - 2026

7.7    Government

7.7.1    Market estimates and forecast, 2015 - 2026

7.8    Others

7.8.1    Market estimates and forecast, 2015 – 2026

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