Global IT Managed Services Market 2023 by Company, Regions, Type and Application, Forecast to 2029

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Published Date: 18 Mar 2023

Category: Service & Software

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Description
Table of Contents
Table of Figures
Research Methodology
Related Reports
Product Tags

Description

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.

According to our (Global Info Research) latest study, the global IT Managed Services market size was valued at USD 230500 million in 2022 and is forecast to a readjusted size of USD 398480 million by 2029 with a CAGR of 8.1% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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%.

This report is a detailed and comprehensive analysis for global IT Managed Services market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:
Global IT Managed Services market size and forecasts, in consumption value ($ Million), 2018-2029
Global IT Managed Services market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global IT Managed Services market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global IT Managed Services market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for IT Managed Services
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global IT Managed Services market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include IBM, Accenture, Cognizant, Rackspace and SAS Institute, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market segmentation
IT Managed Services market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
    Cloud-Based
    On-Premise

Market segment by Application
    BFSI
    Retail
    Logistics
    Healthcare and Lifesciences
    Government
    IT and Telecom
    Other

Market segment by players, this report covers
    IBM
    Accenture
    Cognizant
    Rackspace
    SAS Institute
    Presidio
    CenturyLink
    Unisys
    Sapiens International
    Cisco
    Marco Technologies
    Jade Global
    Dell EMC
    DXC Technology

Market segment by regions, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
    South America (Brazil, Argentina and Rest of South America)
    Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe IT Managed Services product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of IT Managed Services, with revenue, gross margin and global market share of IT Managed Services from 2018 to 2023.
Chapter 3, the IT Managed Services competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and IT Managed Services market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of IT Managed Services.
Chapter 13, to describe IT Managed Services research findings and conclusion.

Table of Contents

1 Market Overview
    1.1 Product Overview and Scope of IT Managed Services
    1.2 Market Estimation Caveats and Base Year
    1.3 Classification of IT Managed Services by Type
        1.3.1 Overview: Global IT Managed Services Market Size by Type: 2018 Versus 2022 Versus 2029
        1.3.2 Global IT Managed Services Consumption Value Market Share by Type in 2022
        1.3.3 Cloud-Based
        1.3.4 On-Premise
    1.4 Global IT Managed Services Market by Application
        1.4.1 Overview: Global IT Managed Services Market Size by Application: 2018 Versus 2022 Versus 2029
        1.4.2 BFSI
        1.4.3 Retail
        1.4.4 Logistics
        1.4.5 Healthcare and Lifesciences
        1.4.6 Government
        1.4.7 IT and Telecom
        1.4.8 Other
    1.5 Global IT Managed Services Market Size & Forecast
    1.6 Global IT Managed Services Market Size and Forecast by Region
        1.6.1 Global IT Managed Services Market Size by Region: 2018 VS 2022 VS 2029
        1.6.2 Global IT Managed Services Market Size by Region, (2018-2029)
        1.6.3 North America IT Managed Services Market Size and Prospect (2018-2029)
        1.6.4 Europe IT Managed Services Market Size and Prospect (2018-2029)
        1.6.5 Asia-Pacific IT Managed Services Market Size and Prospect (2018-2029)
        1.6.6 South America IT Managed Services Market Size and Prospect (2018-2029)
        1.6.7 Middle East and Africa IT Managed Services Market Size and Prospect (2018-2029)

2 Company Profiles
    2.1 IBM
        2.1.1 IBM Details
        2.1.2 IBM Major Business
        2.1.3 IBM IT Managed Services Product and Solutions
        2.1.4 IBM IT Managed Services Revenue, Gross Margin and Market Share (2018-2023)
        2.1.5 IBM Recent Developments and Future Plans
    2.2 Accenture
        2.2.1 Accenture Details
        2.2.2 Accenture Major Business
        2.2.3 Accenture IT Managed Services Product and Solutions
        2.2.4 Accenture IT Managed Services Revenue, Gross Margin and Market Share (2018-2023)
        2.2.5 Accenture Recent Developments and Future Plans
    2.3 Cognizant
        2.3.1 Cognizant Details
        2.3.2 Cognizant Major Business
        2.3.3 Cognizant IT Managed Services Product and Solutions
        2.3.4 Cognizant IT Managed Services Revenue, Gross Margin and Market Share (2018-2023)
        2.3.5 Cognizant Recent Developments and Future Plans
    2.4 Rackspace
        2.4.1 Rackspace Details
        2.4.2 Rackspace Major Business
        2.4.3 Rackspace IT Managed Services Product and Solutions
        2.4.4 Rackspace IT Managed Services Revenue, Gross Margin and Market Share (2018-2023)
        2.4.5 Rackspace Recent Developments and Future Plans
    2.5 SAS Institute
        2.5.1 SAS Institute Details
        2.5.2 SAS Institute Major Business
        2.5.3 SAS Institute IT Managed Services Product and Solutions
        2.5.4 SAS Institute IT Managed Services Revenue, Gross Margin and Market Share (2018-2023)
        2.5.5 SAS Institute Recent Developments and Future Plans
    2.6 Presidio
        2.6.1 Presidio Details
        2.6.2 Presidio Major Business
        2.6.3 Presidio IT Managed Services Product and Solutions
        2.6.4 Presidio IT Managed Services Revenue, Gross Margin and Market Share (2018-2023)
        2.6.5 Presidio Recent Developments and Future Plans
    2.7 CenturyLink
        2.7.1 CenturyLink Details
        2.7.2 CenturyLink Major Business
        2.7.3 CenturyLink IT Managed Services Product and Solutions
        2.7.4 CenturyLink IT Managed Services Revenue, Gross Margin and Market Share (2018-2023)
        2.7.5 CenturyLink Recent Developments and Future Plans
    2.8 Unisys
        2.8.1 Unisys Details
        2.8.2 Unisys Major Business
        2.8.3 Unisys IT Managed Services Product and Solutions
        2.8.4 Unisys IT Managed Services Revenue, Gross Margin and Market Share (2018-2023)
        2.8.5 Unisys Recent Developments and Future Plans
    2.9 Sapiens International
        2.9.1 Sapiens International Details
        2.9.2 Sapiens International Major Business
        2.9.3 Sapiens International IT Managed Services Product and Solutions
        2.9.4 Sapiens International IT Managed Services Revenue, Gross Margin and Market Share (2018-2023)
        2.9.5 Sapiens International Recent Developments and Future Plans
    2.10 Cisco
        2.10.1 Cisco Details
        2.10.2 Cisco Major Business
        2.10.3 Cisco IT Managed Services Product and Solutions
        2.10.4 Cisco IT Managed Services Revenue, Gross Margin and Market Share (2018-2023)
        2.10.5 Cisco Recent Developments and Future Plans
    2.11 Marco Technologies
        2.11.1 Marco Technologies Details
        2.11.2 Marco Technologies Major Business
        2.11.3 Marco Technologies IT Managed Services Product and Solutions
        2.11.4 Marco Technologies IT Managed Services Revenue, Gross Margin and Market Share (2018-2023)
        2.11.5 Marco Technologies Recent Developments and Future Plans
    2.12 Jade Global
        2.12.1 Jade Global Details
        2.12.2 Jade Global Major Business
        2.12.3 Jade Global IT Managed Services Product and Solutions
        2.12.4 Jade Global IT Managed Services Revenue, Gross Margin and Market Share (2018-2023)
        2.12.5 Jade Global Recent Developments and Future Plans
    2.13 Dell EMC
        2.13.1 Dell EMC Details
        2.13.2 Dell EMC Major Business
        2.13.3 Dell EMC IT Managed Services Product and Solutions
        2.13.4 Dell EMC IT Managed Services Revenue, Gross Margin and Market Share (2018-2023)
        2.13.5 Dell EMC Recent Developments and Future Plans
    2.14 DXC Technology
        2.14.1 DXC Technology Details
        2.14.2 DXC Technology Major Business
        2.14.3 DXC Technology IT Managed Services Product and Solutions
        2.14.4 DXC Technology IT Managed Services Revenue, Gross Margin and Market Share (2018-2023)
        2.14.5 DXC Technology Recent Developments and Future Plans

3 Market Competition, by Players
    3.1 Global IT Managed Services Revenue and Share by Players (2018-2023)
    3.2 Market Share Analysis (2022)
        3.2.1 Market Share of IT Managed Services by Company Revenue
        3.2.2 Top 3 IT Managed Services Players Market Share in 2022
        3.2.3 Top 6 IT Managed Services Players Market Share in 2022
    3.3 IT Managed Services Market: Overall Company Footprint Analysis
        3.3.1 IT Managed Services Market: Region Footprint
        3.3.2 IT Managed Services Market: Company Product Type Footprint
        3.3.3 IT Managed Services Market: Company Product Application Footprint
    3.4 New Market Entrants and Barriers to Market Entry
    3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type
    4.1 Global IT Managed Services Consumption Value and Market Share by Type (2018-2023)
    4.2 Global IT Managed Services Market Forecast by Type (2024-2029)

5 Market Size Segment by Application
    5.1 Global IT Managed Services Consumption Value Market Share by Application (2018-2023)
    5.2 Global IT Managed Services Market Forecast by Application (2024-2029)

6 North America
    6.1 North America IT Managed Services Consumption Value by Type (2018-2029)
    6.2 North America IT Managed Services Consumption Value by Application (2018-2029)
    6.3 North America IT Managed Services Market Size by Country
        6.3.1 North America IT Managed Services Consumption Value by Country (2018-2029)
        6.3.2 United States IT Managed Services Market Size and Forecast (2018-2029)
        6.3.3 Canada IT Managed Services Market Size and Forecast (2018-2029)
        6.3.4 Mexico IT Managed Services Market Size and Forecast (2018-2029)

7 Europe
    7.1 Europe IT Managed Services Consumption Value by Type (2018-2029)
    7.2 Europe IT Managed Services Consumption Value by Application (2018-2029)
    7.3 Europe IT Managed Services Market Size by Country
        7.3.1 Europe IT Managed Services Consumption Value by Country (2018-2029)
        7.3.2 Germany IT Managed Services Market Size and Forecast (2018-2029)
        7.3.3 France IT Managed Services Market Size and Forecast (2018-2029)
        7.3.4 United Kingdom IT Managed Services Market Size and Forecast (2018-2029)
        7.3.5 Russia IT Managed Services Market Size and Forecast (2018-2029)
        7.3.6 Italy IT Managed Services Market Size and Forecast (2018-2029)

8 Asia-Pacific
    8.1 Asia-Pacific IT Managed Services Consumption Value by Type (2018-2029)
    8.2 Asia-Pacific IT Managed Services Consumption Value by Application (2018-2029)
    8.3 Asia-Pacific IT Managed Services Market Size by Region
        8.3.1 Asia-Pacific IT Managed Services Consumption Value by Region (2018-2029)
        8.3.2 China IT Managed Services Market Size and Forecast (2018-2029)
        8.3.3 Japan IT Managed Services Market Size and Forecast (2018-2029)
        8.3.4 South Korea IT Managed Services Market Size and Forecast (2018-2029)
        8.3.5 India IT Managed Services Market Size and Forecast (2018-2029)
        8.3.6 Southeast Asia IT Managed Services Market Size and Forecast (2018-2029)
        8.3.7 Australia IT Managed Services Market Size and Forecast (2018-2029)

9 South America
    9.1 South America IT Managed Services Consumption Value by Type (2018-2029)
    9.2 South America IT Managed Services Consumption Value by Application (2018-2029)
    9.3 South America IT Managed Services Market Size by Country
        9.3.1 South America IT Managed Services Consumption Value by Country (2018-2029)
        9.3.2 Brazil IT Managed Services Market Size and Forecast (2018-2029)
        9.3.3 Argentina IT Managed Services Market Size and Forecast (2018-2029)

10 Middle East & Africa
    10.1 Middle East & Africa IT Managed Services Consumption Value by Type (2018-2029)
    10.2 Middle East & Africa IT Managed Services Consumption Value by Application (2018-2029)
    10.3 Middle East & Africa IT Managed Services Market Size by Country
        10.3.1 Middle East & Africa IT Managed Services Consumption Value by Country (2018-2029)
        10.3.2 Turkey IT Managed Services Market Size and Forecast (2018-2029)
        10.3.3 Saudi Arabia IT Managed Services Market Size and Forecast (2018-2029)
        10.3.4 UAE IT Managed Services Market Size and Forecast (2018-2029)

11 Market Dynamics
    11.1 IT Managed Services Market Drivers
    11.2 IT Managed Services Market Restraints
    11.3 IT Managed Services Trends Analysis
    11.4 Porters Five Forces Analysis
        11.4.1 Threat of New Entrants
        11.4.2 Bargaining Power of Suppliers
        11.4.3 Bargaining Power of Buyers
        11.4.4 Threat of Substitutes
        11.4.5 Competitive Rivalry
    11.5 Influence of COVID-19 and Russia-Ukraine War
        11.5.1 Influence of COVID-19
        11.5.2 Influence of Russia-Ukraine War

12 Industry Chain Analysis
    12.1 IT Managed Services Industry Chain
    12.2 IT Managed Services Upstream Analysis
    12.3 IT Managed Services Midstream Analysis
    12.4 IT Managed Services Downstream Analysis

13 Research Findings and Conclusion

14 Appendix
    14.1 Methodology
    14.2 Research Process and Data Source
    14.3 Disclaimer

Table of Figures

List of Tables
    Table 1. Global IT Managed Services Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 2. Global IT Managed Services Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 3. Global IT Managed Services Consumption Value by Region (2018-2023) & (USD Million)
    Table 4. Global IT Managed Services Consumption Value by Region (2024-2029) & (USD Million)
    Table 5. IBM Company Information, Head Office, and Major Competitors
    Table 6. IBM Major Business
    Table 7. IBM IT Managed Services Product and Solutions
    Table 8. IBM IT Managed Services Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 9. IBM Recent Developments and Future Plans
    Table 10. Accenture Company Information, Head Office, and Major Competitors
    Table 11. Accenture Major Business
    Table 12. Accenture IT Managed Services Product and Solutions
    Table 13. Accenture IT Managed Services Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 14. Accenture Recent Developments and Future Plans
    Table 15. Cognizant Company Information, Head Office, and Major Competitors
    Table 16. Cognizant Major Business
    Table 17. Cognizant IT Managed Services Product and Solutions
    Table 18. Cognizant IT Managed Services Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 19. Cognizant Recent Developments and Future Plans
    Table 20. Rackspace Company Information, Head Office, and Major Competitors
    Table 21. Rackspace Major Business
    Table 22. Rackspace IT Managed Services Product and Solutions
    Table 23. Rackspace IT Managed Services Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 24. Rackspace Recent Developments and Future Plans
    Table 25. SAS Institute Company Information, Head Office, and Major Competitors
    Table 26. SAS Institute Major Business
    Table 27. SAS Institute IT Managed Services Product and Solutions
    Table 28. SAS Institute IT Managed Services Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 29. SAS Institute Recent Developments and Future Plans
    Table 30. Presidio Company Information, Head Office, and Major Competitors
    Table 31. Presidio Major Business
    Table 32. Presidio IT Managed Services Product and Solutions
    Table 33. Presidio IT Managed Services Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 34. Presidio Recent Developments and Future Plans
    Table 35. CenturyLink Company Information, Head Office, and Major Competitors
    Table 36. CenturyLink Major Business
    Table 37. CenturyLink IT Managed Services Product and Solutions
    Table 38. CenturyLink IT Managed Services Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 39. CenturyLink Recent Developments and Future Plans
    Table 40. Unisys Company Information, Head Office, and Major Competitors
    Table 41. Unisys Major Business
    Table 42. Unisys IT Managed Services Product and Solutions
    Table 43. Unisys IT Managed Services Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 44. Unisys Recent Developments and Future Plans
    Table 45. Sapiens International Company Information, Head Office, and Major Competitors
    Table 46. Sapiens International Major Business
    Table 47. Sapiens International IT Managed Services Product and Solutions
    Table 48. Sapiens International IT Managed Services Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 49. Sapiens International Recent Developments and Future Plans
    Table 50. Cisco Company Information, Head Office, and Major Competitors
    Table 51. Cisco Major Business
    Table 52. Cisco IT Managed Services Product and Solutions
    Table 53. Cisco IT Managed Services Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 54. Cisco Recent Developments and Future Plans
    Table 55. Marco Technologies Company Information, Head Office, and Major Competitors
    Table 56. Marco Technologies Major Business
    Table 57. Marco Technologies IT Managed Services Product and Solutions
    Table 58. Marco Technologies IT Managed Services Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 59. Marco Technologies Recent Developments and Future Plans
    Table 60. Jade Global Company Information, Head Office, and Major Competitors
    Table 61. Jade Global Major Business
    Table 62. Jade Global IT Managed Services Product and Solutions
    Table 63. Jade Global IT Managed Services Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 64. Jade Global Recent Developments and Future Plans
    Table 65. Dell EMC Company Information, Head Office, and Major Competitors
    Table 66. Dell EMC Major Business
    Table 67. Dell EMC IT Managed Services Product and Solutions
    Table 68. Dell EMC IT Managed Services Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 69. Dell EMC Recent Developments and Future Plans
    Table 70. DXC Technology Company Information, Head Office, and Major Competitors
    Table 71. DXC Technology Major Business
    Table 72. DXC Technology IT Managed Services Product and Solutions
    Table 73. DXC Technology IT Managed Services Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 74. DXC Technology Recent Developments and Future Plans
    Table 75. Global IT Managed Services Revenue (USD Million) by Players (2018-2023)
    Table 76. Global IT Managed Services Revenue Share by Players (2018-2023)
    Table 77. Breakdown of IT Managed Services by Company Type (Tier 1, Tier 2, and Tier 3)
    Table 78. Market Position of Players in IT Managed Services, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2022
    Table 79. Head Office of Key IT Managed Services Players
    Table 80. IT Managed Services Market: Company Product Type Footprint
    Table 81. IT Managed Services Market: Company Product Application Footprint
    Table 82. IT Managed Services New Market Entrants and Barriers to Market Entry
    Table 83. IT Managed Services Mergers, Acquisition, Agreements, and Collaborations
    Table 84. Global IT Managed Services Consumption Value (USD Million) by Type (2018-2023)
    Table 85. Global IT Managed Services Consumption Value Share by Type (2018-2023)
    Table 86. Global IT Managed Services Consumption Value Forecast by Type (2024-2029)
    Table 87. Global IT Managed Services Consumption Value by Application (2018-2023)
    Table 88. Global IT Managed Services Consumption Value Forecast by Application (2024-2029)
    Table 89. North America IT Managed Services Consumption Value by Type (2018-2023) & (USD Million)
    Table 90. North America IT Managed Services Consumption Value by Type (2024-2029) & (USD Million)
    Table 91. North America IT Managed Services Consumption Value by Application (2018-2023) & (USD Million)
    Table 92. North America IT Managed Services Consumption Value by Application (2024-2029) & (USD Million)
    Table 93. North America IT Managed Services Consumption Value by Country (2018-2023) & (USD Million)
    Table 94. North America IT Managed Services Consumption Value by Country (2024-2029) & (USD Million)
    Table 95. Europe IT Managed Services Consumption Value by Type (2018-2023) & (USD Million)
    Table 96. Europe IT Managed Services Consumption Value by Type (2024-2029) & (USD Million)
    Table 97. Europe IT Managed Services Consumption Value by Application (2018-2023) & (USD Million)
    Table 98. Europe IT Managed Services Consumption Value by Application (2024-2029) & (USD Million)
    Table 99. Europe IT Managed Services Consumption Value by Country (2018-2023) & (USD Million)
    Table 100. Europe IT Managed Services Consumption Value by Country (2024-2029) & (USD Million)
    Table 101. Asia-Pacific IT Managed Services Consumption Value by Type (2018-2023) & (USD Million)
    Table 102. Asia-Pacific IT Managed Services Consumption Value by Type (2024-2029) & (USD Million)
    Table 103. Asia-Pacific IT Managed Services Consumption Value by Application (2018-2023) & (USD Million)
    Table 104. Asia-Pacific IT Managed Services Consumption Value by Application (2024-2029) & (USD Million)
    Table 105. Asia-Pacific IT Managed Services Consumption Value by Region (2018-2023) & (USD Million)
    Table 106. Asia-Pacific IT Managed Services Consumption Value by Region (2024-2029) & (USD Million)
    Table 107. South America IT Managed Services Consumption Value by Type (2018-2023) & (USD Million)
    Table 108. South America IT Managed Services Consumption Value by Type (2024-2029) & (USD Million)
    Table 109. South America IT Managed Services Consumption Value by Application (2018-2023) & (USD Million)
    Table 110. South America IT Managed Services Consumption Value by Application (2024-2029) & (USD Million)
    Table 111. South America IT Managed Services Consumption Value by Country (2018-2023) & (USD Million)
    Table 112. South America IT Managed Services Consumption Value by Country (2024-2029) & (USD Million)
    Table 113. Middle East & Africa IT Managed Services Consumption Value by Type (2018-2023) & (USD Million)
    Table 114. Middle East & Africa IT Managed Services Consumption Value by Type (2024-2029) & (USD Million)
    Table 115. Middle East & Africa IT Managed Services Consumption Value by Application (2018-2023) & (USD Million)
    Table 116. Middle East & Africa IT Managed Services Consumption Value by Application (2024-2029) & (USD Million)
    Table 117. Middle East & Africa IT Managed Services Consumption Value by Country (2018-2023) & (USD Million)
    Table 118. Middle East & Africa IT Managed Services Consumption Value by Country (2024-2029) & (USD Million)
    Table 119. IT Managed Services Raw Material
    Table 120. Key Suppliers of IT Managed Services Raw Materials
List of Figures
    Figure 1. IT Managed Services Picture
    Figure 2. Global IT Managed Services Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 3. Global IT Managed Services Consumption Value Market Share by Type in 2022
    Figure 4. Cloud-Based
    Figure 5. On-Premise
    Figure 6. Global IT Managed Services Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 7. IT Managed Services Consumption Value Market Share by Application in 2022
    Figure 8. BFSI Picture
    Figure 9. Retail Picture
    Figure 10. Logistics Picture
    Figure 11. Healthcare and Lifesciences Picture
    Figure 12. Government Picture
    Figure 13. IT and Telecom Picture
    Figure 14. Other Picture
    Figure 15. Global IT Managed Services Consumption Value, (USD Million): 2018 & 2022 & 2029
    Figure 16. Global IT Managed Services Consumption Value and Forecast (2018-2029) & (USD Million)
    Figure 17. Global Market IT Managed Services Consumption Value (USD Million) Comparison by Region (2018 & 2022 & 2029)
    Figure 18. Global IT Managed Services Consumption Value Market Share by Region (2018-2029)
    Figure 19. Global IT Managed Services Consumption Value Market Share by Region in 2022
    Figure 20. North America IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 21. Europe IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 22. Asia-Pacific IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 23. South America IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 24. Middle East and Africa IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 25. Global IT Managed Services Revenue Share by Players in 2022
    Figure 26. IT Managed Services Market Share by Company Type (Tier 1, Tier 2 and Tier 3) in 2022
    Figure 27. Global Top 3 Players IT Managed Services Market Share in 2022
    Figure 28. Global Top 6 Players IT Managed Services Market Share in 2022
    Figure 29. Global IT Managed Services Consumption Value Share by Type (2018-2023)
    Figure 30. Global IT Managed Services Market Share Forecast by Type (2024-2029)
    Figure 31. Global IT Managed Services Consumption Value Share by Application (2018-2023)
    Figure 32. Global IT Managed Services Market Share Forecast by Application (2024-2029)
    Figure 33. North America IT Managed Services Consumption Value Market Share by Type (2018-2029)
    Figure 34. North America IT Managed Services Consumption Value Market Share by Application (2018-2029)
    Figure 35. North America IT Managed Services Consumption Value Market Share by Country (2018-2029)
    Figure 36. United States IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 37. Canada IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 38. Mexico IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 39. Europe IT Managed Services Consumption Value Market Share by Type (2018-2029)
    Figure 40. Europe IT Managed Services Consumption Value Market Share by Application (2018-2029)
    Figure 41. Europe IT Managed Services Consumption Value Market Share by Country (2018-2029)
    Figure 42. Germany IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 43. France IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 44. United Kingdom IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 45. Russia IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 46. Italy IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 47. Asia-Pacific IT Managed Services Consumption Value Market Share by Type (2018-2029)
    Figure 48. Asia-Pacific IT Managed Services Consumption Value Market Share by Application (2018-2029)
    Figure 49. Asia-Pacific IT Managed Services Consumption Value Market Share by Region (2018-2029)
    Figure 50. China IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 51. Japan IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 52. South Korea IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 53. India IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 54. Southeast Asia IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 55. Australia IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 56. South America IT Managed Services Consumption Value Market Share by Type (2018-2029)
    Figure 57. South America IT Managed Services Consumption Value Market Share by Application (2018-2029)
    Figure 58. South America IT Managed Services Consumption Value Market Share by Country (2018-2029)
    Figure 59. Brazil IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 60. Argentina IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 61. Middle East and Africa IT Managed Services Consumption Value Market Share by Type (2018-2029)
    Figure 62. Middle East and Africa IT Managed Services Consumption Value Market Share by Application (2018-2029)
    Figure 63. Middle East and Africa IT Managed Services Consumption Value Market Share by Country (2018-2029)
    Figure 64. Turkey IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 65. Saudi Arabia IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 66. UAE IT Managed Services Consumption Value (2018-2029) & (USD Million)
    Figure 67. IT Managed Services Market Drivers
    Figure 68. IT Managed Services Market Restraints
    Figure 69. IT Managed Services Market Trends
    Figure 70. Porters Five Forces Analysis
    Figure 71. Manufacturing Cost Structure Analysis of IT Managed Services in 2022
    Figure 72. Manufacturing Process Analysis of IT Managed Services
    Figure 73. IT Managed Services Industrial Chain
    Figure 74. Methodology
    Figure 75. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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date 02 Jan 2024

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According to our (Global Info Research) latest study, the global IT Managed Services market size was valued at USD 230500 million in 2023 and is forecast to a readjusted size of USD 398480 million by 2030 with a CAGR of 8.1% during review period.

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date 01 Mar 2024

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The global IT Managed Services market size is expected to reach $ 398480 million by 2030, rising at a market growth of 8.1% CAGR during the forecast period (2024-2030).

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