The managed infrastructure services market is poised to undergo a notable upsurge, with a projected CAGR of 10.3% from 2023 to 2033. This substantial expansion underscores the escalating demand for managed infrastructure services, propelling the market valuation from US$ 89,623.2 million in 2023 to a significant US$ 239,596.3 million by 2033.
The preference for managed infrastructure services is steadily surging. These services cover a broad spectrum of IT management solutions. They use up-to-date technological advancements, including IoT and cloud computing. Additionally, they incorporate robust data security protocols to ensure protection.
Organizations with multiple locations are increasingly drawn to these services because they bring a lot to the table. They stand out for their ability to enhance operational efficiency and uphold data integrity. Furthermore, they have the capability to simplify intricate IT infrastructures. This ultimately results in the management of infrastructure services with agility. Accordingly, this paves the way for a seamless shift toward a digital-centric strategy.
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The demand for managed infrastructure services is on the rise. Small and medium-sized businesses drive this surge. They prefer all-inclusive suppliers with outcome-based solutions. To meet the standards set by customers, managed infrastructure service providers must offer concrete consulting solutions. This, in effect, drives up the desire for these services.
The managed infrastructure services market is also expanding due to a focus on organizational efficiency. Companies increasingly choose to delegate non-core operations to external experts to enhance overall customer satisfaction. Notable technological advancements, including big data, mobility solutions, and cloud computing, greatly support this shift. These innovative strides are instrumental in propelling this movement forward. They reshape the business backdrop and lay the foundation for elevated customer experiences.
Challenges with integration are causing hurdles to the managed infrastructure services market growth. This is specifically prevalent, especially regarding customer applications and cloud infrastructures. Dealing with the complexities of adapting workloads and handling off-premises operations might temporarily affect the demand for these services. Nonetheless, these challenges can be overcome with the application of strategic solutions. A focused attempt to streamline operations ensures consistent and enduring growth.
Key Takeaways
- India managed infrastructure services sector is set to grow significantly at an impressive 15.5% CAGR by 2033, driven by digitization and widespread technology adoption.
- The United Kingdom managed infrastructure services sector is projected to achieve steady growth, with an anticipated CAGR of 8.2% through 2033, reflecting its commitment to harmonized IT operations and infrastructure optimization.
- China managed infrastructure services industry is set to expand rapidly at a notable 12.2% CAGR by 2033, fueled by rapid technological advancements and a burgeoning corporate landscape.
- The United States managed infrastructure services sector is a global leader, holding an impressive 18.6% market share in 2022, driven by a strong technological ecosystem and unwavering commitment to excellence.
- In 2022, Japan claimed 4.8% of the global managed infrastructure services industry through a blend of ethical business practices, innovation, and modernization.
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Competitive Landscape
The managed infrastructure services market is a dynamic arena where constant activity prevails, characterized by the presence of both seasoned participants and emerging entrants. Notably, established industry frontrunners are sustaining their prominence and setting the benchmark for excellence. These eminent players are also delivering all-encompassing solutions that cover cloud system management, network optimization, and fortified cybersecurity measures. Their offerings impeccably line up with the diverse demands of their customers. They are additionally presenting a holistic range of managed infrastructure solutions that significantly elevate the competitive landscape.
Recent Developments
- In May 2023, Kyndryl unveiled a managed secure access service edge solution in collaboration with Fortinet. This revolutionary solution combines Kyndryl’s specialist network and security services with Fortinet’s famous cloud-based security and secure networking products.
- In November 2022, Atos joined forces with Amazon Web Services, Inc. to unveil a far-reaching Global Strategic Transformation Agreement. This pioneering agreement enables Atos customers with significant infrastructure outsourcing contracts to accelerate cloud-bound workload migrations.
Key Segments of Managed Infrastructure Services Industry Survey
By Service Type:
- Remote System Management & Monitoring
- Disaster Recovery & Business Continuity Service
- Information Security Audits & Assessment
- Others
By Industry:
- Telecom & IT
- BFSI
- Consumer Goods and Retail
- Manufacturing
- Healthcare and Life Sciences
- Education
- Energy
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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Author:
Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.
He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.
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