About Managed Information Services
The managed information services enable business and organization to delegate its IT operations to third-party companies that are experts in handling the information providing responsibilities. It focuses on IT organizations to delivers services like infrastructures, network applications, information security, and many other things of the company through its constant support and administration in companies handling all the data center work.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM (United States), Hewlett Packard Enterprise Company (United States), Microsoft Corporation (United States), Fujitsu Limited (Japan), Cisco Systems, Inc (United States), Dell Technologies Inc. (United States), Nokia Networks (Finland), Accenture plc (Ireland), Rackspace Inc. (United States), Wipro (India), Cover-All Computer Services Corp. (Canada) and West Monroe Partners (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Managed Information Services market by Type (Business Process Outsourcing (BPO), Business Support Systems, Project & Portfolio Management and Others), Application (Data Backup and Recovery, Network Monitoring and Security, Human Resource, System Management and Other) and Region.
On the basis of geography, the market of Managed Information Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry Verticals, the sub-segment i.e. Financial Services will boost the Managed Information Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. On-premise will boost the Managed Information Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Use of Cloud-based Managed Information Services and Introduction of IoT solutions in Managed Information Services
Market Growth Drivers:
Growing Information Technology in Every Industry and Demand for Information Services Worldwide to Improve Productivity and Efficiency
Challenges:
Problems Associated with the Downtime with Managed Information Services
Restraints:
Risk of Security Protocols Involved with the Managed Information Services
Opportunities:
Surging Numer of Skilled Professionals in Providing Managed Information Services and Growing Organization Inclined Towards the Predictive Analytics will Boost the Managed Information Services
Market Leaders and their expansionary development strategies
In June 2022, Logically, one of the nation’s fastest growing managed service providers (MSP), announced today that it has acquired Cornerstone IT, a highly-regarded full-service IT Managed Services Provider. Serving customers in the professional services, manufacturing, insurance, and construction/development industries, Cornerstone IT, based in Mentor Ohio, brings nearly three decades of expertise in data backup and recovery, technical assistance center and field service, anti-virus malware and spyware protection, firewall protection and design, cloud services, network infrastructure security, and consulting/networking/project management.
On 7th January 2020, M/C Partners, a Boston-based Communications and IT Services focused private equity firm, announced that it signed an agreement to acquire the Managed Services division of West Monroe Partners, a national business and technology consultancy.
Key Target Audience
Managed Information Services Providers, Managed Information Services Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.