Global Managed Services Market to Exceed USD 1.03 Trillion by 2033, Growing at 12.9% CAGR
The global managed services market was valued at USD 348.12 billion in 2024 and is projected to reach USD 393.02 billion in 2025 and USD 1037.46 billion by 2033, growing at a CAGR of 12.9% during the forecast period (2025-2033).
Market Scope and Research Methodology
This report includes a multi-level regional assessment spanning global, regional, and country-specific markets. The analysis highlights market penetration, regional market leadership, and the strategic approaches adopted by prominent companies. A detailed SWOT analysis identifies the strengths, weaknesses, opportunities, and challenges within the market.
The primary goal of the Managed Services Market Report is to provide clear insights into market behavior, emerging trends, and the factors influencing market performance. The study evaluates market structure, segmentation, and forecasted market size while examining growth drivers, industry barriers, and opportunities stemming from technological progress, regulatory frameworks, cost efficiencies, and evolving consumer needs.
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Regional Insights
The report presents an in-depth regional assessment of the Managed Services Market across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Each region is analyzed based on key parameters such as market size, growth rate, trade activities, and overall industry development. This segmentation supports a deeper understanding of the competitive dynamics and market potential within each geographical area.
Market Segmentation
- By Solution
- Managed Data Center
- Managed Network
- Managed Mobility
- Managed Infrastructure
- Managed Backup and Recovery
- Managed Communication
- Managed Information
- Managed Security
- By Managed Information Service (MIS)
- Business Process Outsourcing (BPO)
- Business Support Systems
- Project & Portfolio Management
- Others
- By Deployment
- Hosted
- On-premise
- By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
- By End-User
- Financial Services
- Government
- Healthcare
- IT & Telecom
- Manufacturing
- Media & Entertainment
- Retail
- Others
- By Managed Security Service
- Managed Identify & Access Management
- Managed Antivirus/Antimalware
- Managed Firewall
- Managed Risk And Compliance Management
- Managed Vulnerability Management
- Managed Security Information & Event Management
- Managed Intrusion Detection Systems/ Intrusion Prevention Systems
- Managed Unified Threat Management
- Managed Encryption
- Other Managed Security Services
- By Managed Network Service
- Managed LAN
- Managed Wi-Fi
- Managed VPN
- Managed WAN
- network monitoring
- Other Managed Network Security
- By Managed IT Infrastructure & Data Center Service
- Managed Print Services
- Server Management
- Storage Management
- Other Managed IT Infrastructure & Data Center Services
- By Managed Communication & Collaboration Service
- Managed VoIP
- Managed UCaaS,
- Other Managed Communication & Collaboration Services
- By Managed Mobility Service
- Device Life Cycle Management
- Application Management
Key Market Players
- Accenture PLC
- Alcatel-Lucent Enterprise
- AT&T Inc.
- Avaya Inc.
- BMC Software Inc.
- CA Technologies
- Cisco Systems Inc.
- DXC Technology Company
- Fujitsu Limited
- Hewlett Packard Enterprise Development LP
- International Business Machines Corporation
- Telefonaktiebolaget LM Ericsson.
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Key Questions Addressed
- What is Managed Services Market?
- What was the market size of the Managed Services Market in 2024?
- What CAGR is expected for the market during the forecast period?
- Which factors are expected to drive market growth?
- What are the major segments of the market?
- Which strategies are companies adopting to strengthen their market presence?
- What emerging applications and trends are shaping the industry?
- Who are the key players in the Managed Services Market?
- What are the portfolios and competencies of leading market participants?
About Us
For over a decade, Straits Research has been a trusted partner to more than 2,469 small and large enterprises, empowering senior leaders and decision-makers with actionable intelligence to navigate complex markets. Our structured syndicate reports, published year-round, cover critical sectors such as chemicals, materials, food and beverage, healthcare, pharmaceuticals, automotive, technology, aerospace, and defense. Combined with our custom research tailored to client-specific needs, we deliver insights that drive business progress and informed decision-making.
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