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Managed Services Market Share

  • Report ID: GMI4862
  • Published Date: Jan 2023
  • Report Format: PDF

Managed Services Market Share

Major companies participating in the global managed services market include

  • Nokia Networks
  • AT&T Inc
  • Accenture plc
  • ATOS SE
  • Cisco Systems, Inc.
  • Cloudreach
  • Centurylink, Inc. (Lumen Technologies)
  • Deloitte Touche Tomatsu Limited
  • Cognizant
  • DXC Technology
  • HCL Technologies Limited
  • Huawei Technologies Co., Ltd.
  • Infosys Limited
  • NTT Data Corporation
  • Rackspace Technology, Inc.
  • Fujitsu Limited
  • TCS Limited
  • IBM Corporation
  • Tech Mahindra Limited
  • Telefonaktiebolaget LM Ericsson. 
     

These firms have been actively adopting necessary growth measures such as partnerships, mergers & acquisitions, collaborations, new product development, etc., to gain a competitive edge over others. For instance, in June 2022, Greensboro-based IT services company Dynamic Quest acquired Hargray's Managed IT services, a company with a customer base in Georgia and South Carolina. Hargray Managed IT provides Managed Network services, Hardware-as-a-Service, cloud hosting, backup & disaster recovery, and managed security services for small-to-medium-sized businesses across a wide array of verticals.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The global market of managed services recorded a valuation of about USD 200 billion in 2022 and is poised to expand at 10% CAGR from 2023 to 2032 owing to the increasing government investments in the ICT sector to strengthen the existing IT infrastructure.

The managed network segment is poised to amass more than 9% of the market share by 2032, backed by the increasing incidences of network security breaches and the improving technological landscape.

The large enterprise segment size is slated to depict over 10% CAGR between 2023 and 2032 driven by the increasing IT requirements and growing usage of digital services across large enterprises.

Notable players in the market include Nokia Networks, AT&T Inc, Accenture plc, ATOS SE, Cisco Systems, Inc., Cloudreach, Centurylink, Inc. (Lumen Technologies), Deloitte Touche Tomatsu Limited, Cognizant, DXC Technology, HCL Technologies Limited, Huawei Technologies Co., Ltd., Infosys Limited, NTT Data Corporation, Rackspace Technology, Inc., Fujitsu Limited, TCS Limited, IBM Corporation, Tech Mahindra Limited, and Telefonaktiebolaget LM Ericsson.

Managed Services Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 20
  • Tables & Figures: 247
  • Countries covered: 22
  • Pages: 270
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