IT managed services help an organization to optimize their IT budgets and provide flexibility in delivering IT services to end-client efficiently. In addition to that, IT managed services also help an organization to formulate a time saving, efficient and productive working model to enhance outputs by reducing operational cost.
Global managed services market is anticipated to expand from USD 129 Billion in 2014 to USD 230 Billion by 2021, showcasing a compound annual growth rate (CAGR) of 8.61%. Geographically, global IT managed services market is segmented into North America, Latin America, Western and Eastern Europe, Asia-Pacific and Rest of world.
Market Size and Forecast
North America holds the first rank in global IT managed services market followed by Asia-Pacific region.
North America IT managed service market was valued at USD 51.0 Billion in 2013 and is envisioned to reach at USD 73.0 Billion in 2019, exhibiting a compound annual growth rate (CAGR) of 6.16%. With approximately 33.0% share in 2015, the U.S. is the largest IT managed services market in North America.

Furthermore, Asia-Pacific ICT managed services market is anticipated to reach at USD 70.0 Billion in 2018. Growing number of enterprises in countries such as India, China, Japan and Singapore are likely to drive Asia-Pacific IT managed services market in future.

Currently, U.K. is the largest IT managed services market in Europe which is anticipated to be surpassed by Germany by the end of 2018.

Market Segmentation
By Types of Services
Based on type of services offered, global IT managed services market is segmented into data centre and network management, desktop management services, server management services, IMAC services, IT maintenance services and IT hardware support services.

By Type of Service Consumers
On the basis of type of service consumers, global IT managed services market is segmented as Small and Medium Businesses (SMB) and large enterprises.

By Verticals
Global IT managed services market is divided on the basis of verticals into BFSI (Banking, Financial Services and Insurance), oil and gas, education, manufacturing, logistics, healthcare, retail and others.

Key Players
Global IT managed service market includes some of the major organizations such as Fujitsu, IBM, AT&T, Alcatel-Lucent, Microsoft, HP, Dell, Verizon Communications, etc.

Contact Key extracts from the Table of Content of IT managed services Market 2015-2021 report:

IT managed services Market Size and Forecast, 2015-2021
IT managed services Market CAGR for the Period 2015-2021
IT managed services Market Y-O-Y for the Period 2015-2021
IT managed services Market Demand & Supply Analysis
IT managed services Market Investment Attractiveness
IT managed services Market BPS Analysis
IT managed services Market Dynamics – Trends, Drivers, Challenges, and Opportunities
IT managed services Market Competitive Landscape Analysis
IT managed services Market Investment Proposition, by Geography

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