Managed Services Market Developments, Trends, Analysis, and Forecast by 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Managed Services Market covers analysis by Service Type (Managed Security Service, Managed Network Service, Managed IT Infrastructure and Data Center Service, Managed Communication and Collaboration Service, Managed Mobility Service, Managed Information Service, Telecom and IT); Vertical (Banking Financial services and insurance, Media and Entertainment, Consumer Goods and Retail, Manufacturing, Healthcare and Life Sciences, Education, Energy and Utilities, Government and Public, Large Enterprises, Small and Medium-Sized Enterprises, On-Premises, Cloud); Organization Size (Large Enterprises, Small and Medium-Sized Enterprises); Deployment Type (On-Premises, Cloud) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00004285
  • Category : Technology, Media and Telecommunications
  • Status : Upcoming
  • No. of Pages : 150
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The Managed Services Market is expected to register a CAGR of 8% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report is divided into four sections: Service Type, Vertical, Organization Size, and Deployment Type. The global analysis is broken down at the regional level and major countries. The market evaluation is presented in US$ for the above segmental analysis.

Purpose of the Report

The report Managed Services Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Managed Services Market Segmentation

Service Type

  • Managed Security Service
  • Managed Network Service
  • Managed IT Infrastructure and Data Center Service
  • Managed Communication and Collaboration Service
  • Managed Mobility Service
  • Managed Information Service
  • Telecom and IT

Vertical

  • Banking Financial services and insurance
  • Media and Entertainment
  • Consumer Goods and Retail
  • Manufacturing
  • Healthcare and Life Sciences
  • Education
  • Energy and Utilities
  • Government and Public
  • Large Enterprises
  • Small and Medium-Sized Enterprises
  • On-Premises
  • Cloud

Organization Size

  • Large Enterprises
  • Small and Medium-Sized Enterprises

Deployment Type

  • On-Premises
  • Cloud

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Managed Services Market: Strategic Insights

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Managed Services Market Growth Drivers

  • Increasing Focus on Core Business: Organizations are increasingly outsourcing non-core IT functions to MSPs to focus on their core competencies. This will allow them to better allocate resources, reduce operational costs, and improve overall efficiency.
  • Growing Demand for Cybersecurity Services: With increasing numbers of cyberattacks and data breaches, there is a rising demand for strong cybersecurity solutions. MSPs provide full-service cybersecurity services, including threat detection, vulnerability management, and incident response, which helps an organization to reduce the risks of such attacks and secure sensitive data.
  • Rapid Adoption of Cloud Technologies: The rapid shift towards cloud computing opened up new opportunities for the managed service providers. MSPs assist organizations in migrating to the cloud, manage cloud infrastructure, and optimize cloud resources. That way, businesses can gain the benefits of cloud technology without great upfront costs or specialized knowledge.

Managed Services Market Future Trends

  • AI-Driven Automation: AI and ML will significantly drive the automation of managed services in various ways. This will help improve efficiency, reduce operational costs, and enhance service delivery. AI-powered tools can automate routine tasks, predict potential issues, and optimize resource allocation.
  • Hyper-personalized services: These will be offered by managed service providers. Data-driven businesses will demand this kind of hyper-personalized service, and the provider will need to customize every solution for each client in order to address specific issues and maximize business outcomes.
  • Cloud-Based Services: Expanding managed services offerings to include cloud-based solutions.

Managed Services Market Opportunities

  • Edge Computing: With the explosion in data produced at the edge of the networks, managed edge computing is in the increasing demand cycle, with MSPs able to capitalize on this by enabling businesses to process and analyze data closer to where it's actually produced or sensed, thereby reducing latency and substantially improving performance.
  • Internet of Things (IoT): The explosion of IoT devices is opening new avenues for managed services. MSPs can help organizations manage and secure IoT devices, collect and analyze IoT data, and implement IoT-based solutions to optimize operations and drive innovation.
  • Industry-Specific Solutions: Tailoring managed services to meet the unique needs of different industries.

Managed Services Market Regional Insights

The regional trends and factors influencing the Managed Services Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Managed Services Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

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Managed Services Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 8%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Service Type
  • Managed Security Service
  • Managed Network Service
  • Managed IT Infrastructure and Data Center Service
  • Managed Communication and Collaboration Service
  • Managed Mobility Service
  • Managed Information Service
  • Telecom and IT
By Vertical
  • Banking Financial services and insurance
  • Media and Entertainment
  • Consumer Goods and Retail
  • Manufacturing
  • Healthcare and Life Sciences
  • Education
  • Energy and Utilities
  • Government and Public
  • Large Enterprises
  • Small and Medium-Sized Enterprises
  • On-Premises
  • Cloud
By Organization Size
  • Large Enterprises
  • Small and Medium-Sized Enterprises
By Deployment Type
  • On-Premises
  • Cloud
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • IBM
  • FUJITSU
  • CISCO
  • Accenture
  • Atos SE
  • DXC Technology Company
  • Telefonatbolaget LM Ericsson
  • Cognizant
  • HCL Technologies Limited

  • Managed Services Market Players Density: Understanding Its Impact on Business Dynamics

    The Managed Services Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Managed Services Market are:

    1. IBM
    2. FUJITSU
    3. CISCO
    4. Accenture
    5. Atos SE

    Disclaimer: The companies listed above are not ranked in any particular order.


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    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Managed Services Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Managed Services Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset
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    managed-services-market-report-deliverables-img2
    Report Coverage

    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered

    Segment Covered

    This text is related
    to segments covered.

    Regional Scope

    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope

    Country Scope

    This text is related
    to country scope.

    Frequently Asked Questions


    What are the options available for the customization of this report?

    Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.

    What are the deliverable formats of the Managed Services Market?

    The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.

    Which are the leading players operating in the Managed Services Market?

    The leading players in the Managed Services Market are: IBM, FUJITSU, CISCO, Accenture, Atos SE, DXC Technology Company, Telefonatbolaget LM Ericsson, Cognizant, HCL Technologies Limited, Infosys Limited

    What is the expected CAGR of the Managed Services Market?

    Managed Services Market is expected to grow at a CAGR of 8% between 2023-2031

    What are the future trends of the Managed Services Market?

    The future trends of the Managed Services Market are: AI-Driven Automation, Hyper-personalized services

    What are the driving factors impacting the Managed Services Market?

    The driving factors impacting the Managed Services Market are: Increasing Focus on Core Business, Growing Demand for Cybersecurity Services, Rapid Adoption of Cloud Technologies

    Trends and growth analysis reports related to Technology, Media and Telecommunications : READ MORE..   

    The List of Companies

    1. IBM
    2. FUJITSU
    3. CISCO
    4. Accenture
    5. Atos SE
    6. DXC Technology Company
    7. Telefonatbolaget LM Ericsson
    8. Cognizant
    9. HCL Technologies Limited
    10. Infosys Limited
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