DUBLIN--(BUSINESS WIRE)--The "Global Managed Services Market - Segmented by Deployment (Cloud, On-premise), Type, Enterprise and Region - Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global managed services market was valued at USD 155.91 billion in 2017, and is expected to reach USD 296.38 by 2023, witnessing a CAGR of 11.32% during the forecast period, 2018-2023.
One of the major challenges faced by the small and medium businesses is a limited IT budget. Every decision related to spending is linked with a cost benefit analysis. Expenditures with higher returns are always given priority over others. However, every business needs technology to grow to keep up with the competition. Hence, managed services play a critical role in providing cutting-edge technology to their clients. Small businesses can further benefit by avoiding the need for hiring personnel to manage the IT infrastructure.
An increasing threat of data theft and cybercrimes has compelled the organizations to opt for advanced services that can deliver monitoring and management of security assets, detection and prevention, and threat intelligence research. Rising security threats, regulatory compliance, and fear of data breaches are expected to continue to drive security investments across various industries. Small and medium Enterprises (SMEs) are increasingly embracing the BYOD policy, which demands various security software to protect corporate data among different devices.
- Fujitsu Ltd.
- Cisco Systems Inc.
- International Business Machines Corporation (IBM)
- Alcatel-Lucent S.A
- AT&T Inc.
- Microsoft Corporation
- Verizon Communications Inc.
- Dell Technologies Inc.
- Nokia Solutions and Networks
- Accenture PLC
- Rackspace Inc.
- Tata Consultancy Services Limited
- Deutsche Telekom AG
- Wipro Ltd.
Key Topics Covered:
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Global Managed Services Segmentation
6. Fujitsu Ltd
7. Future of the Market
For more information about this report visit https://www.researchandmarkets.com/research/fgxzqm/global_managed?w=4