In 2022, the market for managed infrastructure services is projected to be worth US$ 82,450 million. Through the use of suitable cloud services and customer-owned IT, managed infrastructure services integrate, standardise, optimise, and virtualize systems to create a road map for businesses to optimise IT architecture, operations, and premises.
The entire demand for managed infrastructure services is anticipated to reach about US$ 220,550.3 Million by the end of 2032, growing at a strong CAGR of 10.3% between 2022 and 2032. In order to boost efficiency through technical innovation and top-notch services, managed infrastructure services are a collection of integrated and comprehensive facilities used to manage IT infrastructure within businesses.
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Managed Infrastructure Services Market: – Market Dynamics
Continuously Increasing Demand for Managed Services among Small and Medium-Sized Enterprises
Enterprise clients now look towards result-based outcomes with pre-defined or expected standards. This is one of the reasons why customers are going with full stack service providers rather than single-tower services.
To meet this trend, MSPs would need to evolve their style of management and functions they provide. They must be able to offer consulting services to their clients in terms of measurable results. Hence, the demand for managed infrastructure services will grow significantly in the coming years.
Increasing Business Proficiency Drives the Managed Infrastructure Services Market
Managed infrastructure services market is fast gaining traction due to various factors such as enhanced business proficiency and focus on core businesses in order to enhance customer satisfaction.
Due to increased competition across different industry verticals, enterprises want to focus only on its core business which leads to increase in usage of managed infrastructure services. Adoption of advanced technologies such as big data, mobility and cloud computing across different industry verticals is also one of the major drivers of managed infrastructure services market.
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Who are the Leading Players in Managed Infrastructure Services Market?
Some of the leading managed infrastructure service providers include IBM, Fujitsu, Cisco, Accenture, Atos, DXC Technology, AT&T, Ericsson and Cognizant among others.
These key managed infrastructure services providers are adopting various strategies such as new product launches and approvals, partnerships, collaborations, acquisitions, mergers, etc. to increase their sales and gain a competitive edge in the global managed infrastructure services market. For instance,
- In September 2019 – South Slope, a rural independent telecommunications cooperative, implemented the Cisco NCS5500 series platform to address its growing capacity demands, while also utilizing its existing network to deliver data, voice, and video services, as well as an a wide range of ethernet and cellular backhaul services to its clients in eastern Iowa.
Key Segments of Managed Infrastructure Services Industry Survey
By Service Type
- Remote System Management & Monitoring
- Disaster Recovery & Business Continuity Service
- Information Security Audits & Assessment
- Others
By Industry:
- Managed Infrastructure Services for Telecom & IT
- Managed Infrastructure Services for BFSI
- Managed Infrastructure Services for Consumer Goods and Retail
- Managed Infrastructure Services for Manufacturing
- Managed Infrastructure Services for Healthcare and Life Sciences
- Managed Infrastructure Services for Education
- Managed Infrastructure Services for Energy
By Region:
- North America Managed Infrastructure Services Market
- Latin America Managed Infrastructure Services Market
- Europe Managed Infrastructure Services Market
- Asia Pacific Managed Infrastructure Services Market
- Middle East & Africa Managed Infrastructure Services Market
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.
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