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%.
We 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.
TABLE OF CONTENTS
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
LIST OF TABLES & FIGURES
List of Tables
Table 1. Managed IT Service Market Opportunities & Trends in Global Market
Table 2. Managed IT Service Market Drivers in Global Market
Table 3. Managed IT Service Market Restraints in Global Market
Table 4. Key Players of Managed IT Service in Global Market
Table 5. Top Managed IT Service Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Managed IT Service Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Managed IT Service Revenue Share by Companies, 2018-2023
Table 8. Global Companies Managed IT Service Product Type
Table 9. List of Global Tier 1 Managed IT Service Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Managed IT Service Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Managed IT Service Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Managed IT Service Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Managed IT Service Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Managed IT Service Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Managed IT Service Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Managed IT Service Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Managed IT Service Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Managed IT Service Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Managed IT Service Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Managed IT Service Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Managed IT Service Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Managed IT Service Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Managed IT Service Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Managed IT Service Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Managed IT Service Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Managed IT Service Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Managed IT Service Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Managed IT Service Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Managed IT Service Revenue, (US$, Mn), 2024-2029
Table 30. APSU Company Summary
Table 31. APSU Managed IT Service Product Offerings
Table 32. APSU Managed IT Service Revenue (US$, Mn) & (2018-2023)
Table 33. APSU Key News & Latest Developments
Table 34. OneNeck IT Solutions Company Summary
Table 35. OneNeck IT Solutions Managed IT Service Product Offerings
Table 36. OneNeck IT Solutions Managed IT Service Revenue (US$, Mn) & (2018-2023)
Table 37. OneNeck IT Solutions Key News & Latest Developments
Table 38. Cisco Company Summary
Table 39. Cisco Managed IT Service Product Offerings
Table 40. Cisco Managed IT Service Revenue (US$, Mn) & (2018-2023)
Table 41. Cisco Key News & Latest Developments
Table 42. Aerohive Company Summary
Table 43. Aerohive Managed IT Service Product Offerings
Table 44. Aerohive Managed IT Service Revenue (US$, Mn) & (2018-2023)
Table 45. Aerohive Key News & Latest Developments
Table 46. Fortinet Company Summary
Table 47. Fortinet Managed IT Service Product Offerings
Table 48. Fortinet Managed IT Service Revenue (US$, Mn) & (2018-2023)
Table 49. Fortinet Key News & Latest Developments
Table 50. Mojo Networks Company Summary
Table 51. Mojo Networks Managed IT Service Product Offerings
Table 52. Mojo Networks Managed IT Service Revenue (US$, Mn) & (2018-2023)
Table 53. Mojo Networks Key News & Latest Developments
Table 54. Aruba Company Summary
Table 55. Aruba Managed IT Service Product Offerings
Table 56. Aruba Managed IT Service Revenue (US$, Mn) & (2018-2023)
Table 57. Aruba Key News & Latest Developments
Table 58. Mist Company Summary
Table 59. Mist Managed IT Service Product Offerings
Table 60. Mist Managed IT Service Revenue (US$, Mn) & (2018-2023)
Table 61. Mist Key News & Latest Developments
Table 62. Netgear Company Summary
Table 63. Netgear Managed IT Service Product Offerings
Table 64. Netgear Managed IT Service Revenue (US$, Mn) & (2018-2023)
Table 65. Netgear Key News & Latest Developments
Table 66. Huawei Company Summary
Table 67. Huawei Managed IT Service Product Offerings
Table 68. Huawei Managed IT Service Revenue (US$, Mn) & (2018-2023)
Table 69. Huawei Key News & Latest Developments
Table 70. Hewlett Packard Company Summary
Table 71. Hewlett Packard Managed IT Service Product Offerings
Table 72. Hewlett Packard Managed IT Service Revenue (US$, Mn) & (2018-2023)
Table 73. Hewlett Packard Key News & Latest Developments
List of Figures
Figure 1. Managed IT Service Segment by Type in 2022
Figure 2. Managed IT Service Segment by Application in 2022
Figure 3. Global Managed IT Service Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Managed IT Service Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Managed IT Service Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Managed IT Service Revenue in 2022
Figure 8. By Type - Global Managed IT Service Revenue Market Share, 2018-2029
Figure 9. By Application - Global Managed IT Service Revenue Market Share, 2018-2029
Figure 10. By Type - Global Managed IT Service Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Managed IT Service Revenue Market Share, 2018-2029
Figure 12. By Application - Global Managed IT Service Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Managed IT Service Revenue Market Share, 2018-2029
Figure 14. By Region - Global Managed IT Service Revenue Market Share, 2018-2029
Figure 15. By Country - North America Managed IT Service Revenue Market Share, 2018-2029
Figure 16. US Managed IT Service Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Managed IT Service Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Managed IT Service Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Managed IT Service Revenue Market Share, 2018-2029
Figure 20. Germany Managed IT Service Revenue, (US$, Mn), 2018-2029
Figure 21. France Managed IT Service Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Managed IT Service Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Managed IT Service Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Managed IT Service Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Managed IT Service Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Managed IT Service Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Managed IT Service Revenue Market Share, 2018-2029
Figure 28. China Managed IT Service Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Managed IT Service Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Managed IT Service Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Managed IT Service Revenue, (US$, Mn), 2018-2029
Figure 32. India Managed IT Service Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Managed IT Service Revenue Market Share, 2018-2029
Figure 34. Brazil Managed IT Service Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Managed IT Service Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Managed IT Service Revenue Market Share, 2018-2029
Figure 37. Turkey Managed IT Service Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Managed IT Service Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Managed IT Service Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Managed IT Service Revenue, (US$, Mn), 2018-2029
Figure 41. APSU Managed IT Service Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. OneNeck IT Solutions Managed IT Service Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Cisco Managed IT Service Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Aerohive Managed IT Service Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Fortinet Managed IT Service Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Mojo Networks Managed IT Service Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Aruba Managed IT Service Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Mist Managed IT Service Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Netgear Managed IT Service Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. Huawei Managed IT Service Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 51. Hewlett Packard Managed IT Service Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
