Managed IT Service Market, Global Outlook and Forecast 2023-2029

Report ID: MMG100291 | Category: Service & Software | Pages: 64 | Format: PDF | Published Date: July 12,2023

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Report Description
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Report Summary

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.
This report aims to provide a comprehensive presentation of the global market for Managed IT Service, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Managed IT Service. This report contains market size and forecasts of Managed IT Service in global, including the following market information:
Global Managed IT Service Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Managed IT Service market was valued at US$ 230500 million in 2022 and is projected to reach US$ 282840 million by 2029, at a CAGR of 3.0% during the forecast 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 32%.
MARKET MONITOR GLOBAL, INC (MMG) has 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, 2018-2023, 2024-2029 ($ millions)
Global Managed IT Service Market Segment Percentages, by Type, 2022 (%)
    Remote Monitoring and Management
    Managed Security Services
    Cloud Services
    Others
Global Managed IT Service Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Managed IT Service Market Segment Percentages, by Application, 2022 (%)
    Business Enterprise
    Government Agency
    Communication Field
    Educational Institutions
    Others
Global Managed IT Service Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Managed IT Service Market Segment Percentages, By Region and Country, 2022 (%)
    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, 2018-2023 (estimated), ($ millions)
Key companies Managed IT Service revenues share in global market, 2022 (%)
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Managed IT Service, market overview.
Chapter 2: Global Managed IT Service market size in revenue.
Chapter 3: Detailed analysis of Managed IT Service company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Managed IT Service in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Managed IT Service Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Managed IT Service Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Managed IT Service Overall Market Size
    2.1 Global Managed IT Service Market Size: 2022 VS 2029
    2.2 Global Managed IT Service Market Size, Prospects & Forecasts: 2018-2029
    2.3 Key Market Trends, Opportunity, Drivers and Restraints
        2.3.1 Market Opportunities & Trends
        2.3.2 Market Drivers
        2.3.3 Market Restraints
3 Company Landscape
    3.1 Top Managed IT Service Players in Global Market
    3.2 Top Global Managed IT Service Companies Ranked by Revenue
    3.3 Global Managed IT Service Revenue by Companies
    3.4 Top 3 and Top 5 Managed IT Service Companies in Global Market, by Revenue in 2022
    3.5 Global Companies Managed IT Service Product Type
    3.6 Tier 1, Tier 2 and Tier 3 Managed IT Service Players in Global Market
        3.6.1 List of Global Tier 1 Managed IT Service Companies
        3.6.2 List of Global Tier 2 and Tier 3 Managed IT Service Companies
4 Market Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Managed IT Service Market Size Markets, 2022 & 2029
        4.1.2 Remote Monitoring and Management
        4.1.3 Managed Security Services
        4.1.4 Cloud Services
        4.1.5 Others
    4.2 By Type - Global Managed IT Service Revenue & Forecasts
        4.2.1 By Type - Global Managed IT Service Revenue, 2018-2023
        4.2.2 By Type - Global Managed IT Service Revenue, 2024-2029
        4.2.3 By Type - Global Managed IT Service Revenue Market Share, 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Managed IT Service Market Size, 2022 & 2029
        5.1.2 Business Enterprise
        5.1.3 Government Agency
        5.1.4 Communication Field
        5.1.5 Educational Institutions
        5.1.6 Others
    5.2 By Application - Global Managed IT Service Revenue & Forecasts
        5.2.1 By Application - Global Managed IT Service Revenue, 2018-2023
        5.2.2 By Application - Global Managed IT Service Revenue, 2024-2029
        5.2.3 By Application - Global Managed IT Service Revenue Market Share, 2018-2029
6 Sights by Region
    6.1 By Region - Global Managed IT Service Market Size, 2022 & 2029
    6.2 By Region - Global Managed IT Service Revenue & Forecasts
        6.2.1 By Region - Global Managed IT Service Revenue, 2018-2023
        6.2.2 By Region - Global Managed IT Service Revenue, 2024-2029
        6.2.3 By Region - Global Managed IT Service Revenue Market Share, 2018-2029
    6.3 North America
        6.3.1 By Country - North America Managed IT Service Revenue, 2018-2029
        6.3.2 US Managed IT Service Market Size, 2018-2029
        6.3.3 Canada Managed IT Service Market Size, 2018-2029
        6.3.4 Mexico Managed IT Service Market Size, 2018-2029
    6.4 Europe
        6.4.1 By Country - Europe Managed IT Service Revenue, 2018-2029
        6.4.2 Germany Managed IT Service Market Size, 2018-2029
        6.4.3 France Managed IT Service Market Size, 2018-2029
        6.4.4 U.K. Managed IT Service Market Size, 2018-2029
        6.4.5 Italy Managed IT Service Market Size, 2018-2029
        6.4.6 Russia Managed IT Service Market Size, 2018-2029
        6.4.7 Nordic Countries Managed IT Service Market Size, 2018-2029
        6.4.8 Benelux Managed IT Service Market Size, 2018-2029
    6.5 Asia
        6.5.1 By Region - Asia Managed IT Service Revenue, 2018-2029
        6.5.2 China Managed IT Service Market Size, 2018-2029
        6.5.3 Japan Managed IT Service Market Size, 2018-2029
        6.5.4 South Korea Managed IT Service Market Size, 2018-2029
        6.5.5 Southeast Asia Managed IT Service Market Size, 2018-2029
        6.5.6 India Managed IT Service Market Size, 2018-2029
    6.6 South America
        6.6.1 By Country - South America Managed IT Service Revenue, 2018-2029
        6.6.2 Brazil Managed IT Service Market Size, 2018-2029
        6.6.3 Argentina Managed IT Service Market Size, 2018-2029
    6.7 Middle East & Africa
        6.7.1 By Country - Middle East & Africa Managed IT Service Revenue, 2018-2029
        6.7.2 Turkey Managed IT Service Market Size, 2018-2029
        6.7.3 Israel Managed IT Service Market Size, 2018-2029
        6.7.4 Saudi Arabia Managed IT Service Market Size, 2018-2029
        6.7.5 UAE Managed IT Service Market Size, 2018-2029
7 Managed IT Service Companies Profiles
    7.1 APSU
        7.1.1 APSU Company Summary
        7.1.2 APSU Business Overview
        7.1.3 APSU Managed IT Service Major Product Offerings
        7.1.4 APSU Managed IT Service Revenue in Global Market (2018-2023)
        7.1.5 APSU Key News & Latest Developments
    7.2 OneNeck IT Solutions
        7.2.1 OneNeck IT Solutions Company Summary
        7.2.2 OneNeck IT Solutions Business Overview
        7.2.3 OneNeck IT Solutions Managed IT Service Major Product Offerings
        7.2.4 OneNeck IT Solutions Managed IT Service Revenue in Global Market (2018-2023)
        7.2.5 OneNeck IT Solutions Key News & Latest Developments
    7.3 Cisco
        7.3.1 Cisco Company Summary
        7.3.2 Cisco Business Overview
        7.3.3 Cisco Managed IT Service Major Product Offerings
        7.3.4 Cisco Managed IT Service Revenue in Global Market (2018-2023)
        7.3.5 Cisco Key News & Latest Developments
    7.4 Aerohive
        7.4.1 Aerohive Company Summary
        7.4.2 Aerohive Business Overview
        7.4.3 Aerohive Managed IT Service Major Product Offerings
        7.4.4 Aerohive Managed IT Service Revenue in Global Market (2018-2023)
        7.4.5 Aerohive Key News & Latest Developments
    7.5 Fortinet
        7.5.1 Fortinet Company Summary
        7.5.2 Fortinet Business Overview
        7.5.3 Fortinet Managed IT Service Major Product Offerings
        7.5.4 Fortinet Managed IT Service Revenue in Global Market (2018-2023)
        7.5.5 Fortinet Key News & Latest Developments
    7.6 Mojo Networks
        7.6.1 Mojo Networks Company Summary
        7.6.2 Mojo Networks Business Overview
        7.6.3 Mojo Networks Managed IT Service Major Product Offerings
        7.6.4 Mojo Networks Managed IT Service Revenue in Global Market (2018-2023)
        7.6.5 Mojo Networks Key News & Latest Developments
    7.7 Aruba
        7.7.1 Aruba Company Summary
        7.7.2 Aruba Business Overview
        7.7.3 Aruba Managed IT Service Major Product Offerings
        7.7.4 Aruba Managed IT Service Revenue in Global Market (2018-2023)
        7.7.5 Aruba Key News & Latest Developments
    7.8 Mist
        7.8.1 Mist Company Summary
        7.8.2 Mist Business Overview
        7.8.3 Mist Managed IT Service Major Product Offerings
        7.8.4 Mist Managed IT Service Revenue in Global Market (2018-2023)
        7.8.5 Mist Key News & Latest Developments
    7.9 Netgear
        7.9.1 Netgear Company Summary
        7.9.2 Netgear Business Overview
        7.9.3 Netgear Managed IT Service Major Product Offerings
        7.9.4 Netgear Managed IT Service Revenue in Global Market (2018-2023)
        7.9.5 Netgear Key News & Latest Developments
    7.10 Huawei
        7.10.1 Huawei Company Summary
        7.10.2 Huawei Business Overview
        7.10.3 Huawei Managed IT Service Major Product Offerings
        7.10.4 Huawei Managed IT Service Revenue in Global Market (2018-2023)
        7.10.5 Huawei Key News & Latest Developments
    7.11 Hewlett Packard
        7.11.1 Hewlett Packard Company Summary
        7.11.2 Hewlett Packard Business Overview
        7.11.3 Hewlett Packard Managed IT Service Major Product Offerings
        7.11.4 Hewlett Packard Managed IT Service Revenue in Global Market (2018-2023)
        7.11.5 Hewlett Packard Key News & Latest Developments
8 Conclusion
9 Appendix
    9.1 Note
    9.2 Examples of Clients
    9.3 Disclaimer

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Managed IT Service Market, Global Outlook and Forecast 2023-2029

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