Managed IT Service market

Managed IT Service Market - Global Outlook and Forecast 2022-2028

  • 11 January 2022
  • ICT & Media
  • 67 Pages
  • Report code : PMR-6711091

  • 4.7 (158)

Managed IT Service Market

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A managed IT service is an information technology (IT) task provided by a third-party contractor and delivered to a customer. In a managed service arrangement, the managed service provider retains responsibility for the functionality of the IT service and equipment, and the customer typically pays a monthly fee for receipt of the service. There are many different types of managed IT service offerings, but the idea behind all of them is to transfer the burden of maintaining IT from the customer to a service provider. In an effective managed services relationship, a customer benefits from predictable pricing and the ability to focus on core business concerns rather than IT management chores.

Managed IT Service Market contains market size and forecasts of Managed IT Service in Global, including the following market information:

Global Managed IT Service Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Managed IT Service market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Remote Monitoring and Management Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Managed IT Service include APSU, OneNeck IT Solutions, Cisco, Aerohive, Fortinet, Mojo Networks, Aruba, Mist and Netgear, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Managed IT Service companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Managed IT Service Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Managed IT Service Market Segment Percentages, by Type, 2021 (%)

  • Remote Monitoring and Management
  • Managed Security Services
  • Cloud Services
  • Others

Global Managed IT Service Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Managed IT Service Market Segment Percentages, by Application, 2021 (%)

  • Business Enterprise
  • Government Agency
  • Communication Field
  • Educational Institutions
  • Others

Global Managed IT Service Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Managed IT Service Market Segment Percentages, By Region and Country, 2021 (%)

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

  • Key companies Managed IT Service revenues in global market, 2017-2022 (estimated), ($ millions)
  • Key companies Managed IT Service revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

  • APSU
  • OneNeck IT Solutions
  • Cisco
  • Aerohive
  • Fortinet
  • Mojo Networks
  • Aruba
  • Mist
  • Netgear
  • Huawei
  • Hewlett Packard

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