IT Managed Services Market Size and Growth Statistics 2023 | Competitive Landscape, Restraining Factors, Market Concentration Rate, Development Status and Growth by Forecast 2030

IT Managed Services Market

IT Managed Services Market


IT Managed services are the practice of outsourcing the responsibility for maintaining, and anticipating need for, a range of processes and functions in order to improve operations and cut expenses. It is an alternative to the break/fix or on-demand outsourcing model where the service provider performs on-demand services and bills the customer only for the work done.This report focuses on global and United States IT Managed Services market, also covers the segmentation data of other regions in regional level and county level.Due to the COVID-19 pandemic, the global IT Managed Services market size is estimated to be worth USD 244670 million in 2022 and is forecast to a readjusted size of USD 399170 million by 2028 with a CAGR of 8.5% during the review period. North America remains the biggest IT Managed Services market in the world, with a share of nearly 50 percent, followed by Europe with about 30%.IT Managed Services market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global IT Managed Services market will be able to gain the upper hand as they use the report as a powerful resource.

Major players covered in IT Managed Services Market are:

  • IBM
  • Accenture
  • Cognizant
  • Rackspace
  • SAS Institute
  • Presidio
  • CenturyLink
  • Unisys
  • Sapiens International
  • Cisco
  • Marco Technologies
  • Jade Global
  • Dell EMC
  • DXC Technology

Market Segment by Type:

  • Cloud-Based
  • On-Premise

Market Segment by Application:

  • BFSI
  • Retail
  • Logistics
  • Healthcare and Lifesciences
  • Government
  • IT and Telecom
  • Other

The comprehensive report includes comprehensive analysis of the IT Managed Services market to help businesses make the best decisions.

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