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 IT Managed Services, 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 IT Managed Services. This report contains market size and forecasts of IT Managed Services in global, including the following market information:
Global IT Managed Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global IT Managed Services market was valued at US$ 230500 million in 2022 and is projected to reach US$ 398480 million by 2029, at a CAGR of 8.1% 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 30%.
We surveyed the IT Managed Services 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 IT Managed Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global IT Managed Services Market Segment Percentages, by Type, 2022 (%)
Cloud-Based
On-Premise
Global IT Managed Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global IT Managed Services Market Segment Percentages, by Application, 2022 (%)
BFSI
Retail
Logistics
Healthcare and Lifesciences
Government
IT and Telecom
Other
Global IT Managed Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global IT Managed Services 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 IT Managed Services revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies IT Managed Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
IBM
Accenture
Cognizant
Rackspace
SAS Institute
Presidio
CenturyLink
Unisys
Sapiens International
Cisco
Marco Technologies
Jade Global
Dell EMC
DXC Technology
Outline of Major Chapters:
Chapter 1: Introduces the definition of IT Managed Services, market overview.
Chapter 2: Global IT Managed Services market size in revenue.
Chapter 3: Detailed analysis of IT Managed Services 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 IT Managed Services 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 IT Managed Services Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global IT Managed Services 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 IT Managed Services Overall Market Size
2.1 Global IT Managed Services Market Size: 2022 VS 2029
2.2 Global IT Managed Services 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 IT Managed Services Players in Global Market
3.2 Top Global IT Managed Services Companies Ranked by Revenue
3.3 Global IT Managed Services Revenue by Companies
3.4 Top 3 and Top 5 IT Managed Services Companies in Global Market, by Revenue in 2022
3.5 Global Companies IT Managed Services Product Type
3.6 Tier 1, Tier 2 and Tier 3 IT Managed Services Players in Global Market
3.6.1 List of Global Tier 1 IT Managed Services Companies
3.6.2 List of Global Tier 2 and Tier 3 IT Managed Services Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global IT Managed Services Market Size Markets, 2022 & 2029
4.1.2 Cloud-Based
4.1.3 On-Premise
4.2 By Type - Global IT Managed Services Revenue & Forecasts
4.2.1 By Type - Global IT Managed Services Revenue, 2018-2023
4.2.2 By Type - Global IT Managed Services Revenue, 2024-2029
4.2.3 By Type - Global IT Managed Services Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global IT Managed Services Market Size, 2022 & 2029
5.1.2 BFSI
5.1.3 Retail
5.1.4 Logistics
5.1.5 Healthcare and Lifesciences
5.1.6 Government
5.1.7 IT and Telecom
5.1.8 Other
5.2 By Application - Global IT Managed Services Revenue & Forecasts
5.2.1 By Application - Global IT Managed Services Revenue, 2018-2023
5.2.2 By Application - Global IT Managed Services Revenue, 2024-2029
5.2.3 By Application - Global IT Managed Services Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global IT Managed Services Market Size, 2022 & 2029
6.2 By Region - Global IT Managed Services Revenue & Forecasts
6.2.1 By Region - Global IT Managed Services Revenue, 2018-2023
6.2.2 By Region - Global IT Managed Services Revenue, 2024-2029
6.2.3 By Region - Global IT Managed Services Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America IT Managed Services Revenue, 2018-2029
6.3.2 US IT Managed Services Market Size, 2018-2029
6.3.3 Canada IT Managed Services Market Size, 2018-2029
6.3.4 Mexico IT Managed Services Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe IT Managed Services Revenue, 2018-2029
6.4.2 Germany IT Managed Services Market Size, 2018-2029
6.4.3 France IT Managed Services Market Size, 2018-2029
6.4.4 U.K. IT Managed Services Market Size, 2018-2029
6.4.5 Italy IT Managed Services Market Size, 2018-2029
6.4.6 Russia IT Managed Services Market Size, 2018-2029
6.4.7 Nordic Countries IT Managed Services Market Size, 2018-2029
6.4.8 Benelux IT Managed Services Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia IT Managed Services Revenue, 2018-2029
6.5.2 China IT Managed Services Market Size, 2018-2029
6.5.3 Japan IT Managed Services Market Size, 2018-2029
6.5.4 South Korea IT Managed Services Market Size, 2018-2029
6.5.5 Southeast Asia IT Managed Services Market Size, 2018-2029
6.5.6 India IT Managed Services Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America IT Managed Services Revenue, 2018-2029
6.6.2 Brazil IT Managed Services Market Size, 2018-2029
6.6.3 Argentina IT Managed Services Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa IT Managed Services Revenue, 2018-2029
6.7.2 Turkey IT Managed Services Market Size, 2018-2029
6.7.3 Israel IT Managed Services Market Size, 2018-2029
6.7.4 Saudi Arabia IT Managed Services Market Size, 2018-2029
6.7.5 UAE IT Managed Services Market Size, 2018-2029
7 IT Managed Services Companies Profiles
7.1 IBM
7.1.1 IBM Company Summary
7.1.2 IBM Business Overview
7.1.3 IBM IT Managed Services Major Product Offerings
7.1.4 IBM IT Managed Services Revenue in Global Market (2018-2023)
7.1.5 IBM Key News & Latest Developments
7.2 Accenture
7.2.1 Accenture Company Summary
7.2.2 Accenture Business Overview
7.2.3 Accenture IT Managed Services Major Product Offerings
7.2.4 Accenture IT Managed Services Revenue in Global Market (2018-2023)
7.2.5 Accenture Key News & Latest Developments
7.3 Cognizant
7.3.1 Cognizant Company Summary
7.3.2 Cognizant Business Overview
7.3.3 Cognizant IT Managed Services Major Product Offerings
7.3.4 Cognizant IT Managed Services Revenue in Global Market (2018-2023)
7.3.5 Cognizant Key News & Latest Developments
7.4 Rackspace
7.4.1 Rackspace Company Summary
7.4.2 Rackspace Business Overview
7.4.3 Rackspace IT Managed Services Major Product Offerings
7.4.4 Rackspace IT Managed Services Revenue in Global Market (2018-2023)
7.4.5 Rackspace Key News & Latest Developments
7.5 SAS Institute
7.5.1 SAS Institute Company Summary
7.5.2 SAS Institute Business Overview
7.5.3 SAS Institute IT Managed Services Major Product Offerings
7.5.4 SAS Institute IT Managed Services Revenue in Global Market (2018-2023)
7.5.5 SAS Institute Key News & Latest Developments
7.6 Presidio
7.6.1 Presidio Company Summary
7.6.2 Presidio Business Overview
7.6.3 Presidio IT Managed Services Major Product Offerings
7.6.4 Presidio IT Managed Services Revenue in Global Market (2018-2023)
7.6.5 Presidio Key News & Latest Developments
7.7 CenturyLink
7.7.1 CenturyLink Company Summary
7.7.2 CenturyLink Business Overview
7.7.3 CenturyLink IT Managed Services Major Product Offerings
7.7.4 CenturyLink IT Managed Services Revenue in Global Market (2018-2023)
7.7.5 CenturyLink Key News & Latest Developments
7.8 Unisys
7.8.1 Unisys Company Summary
7.8.2 Unisys Business Overview
7.8.3 Unisys IT Managed Services Major Product Offerings
7.8.4 Unisys IT Managed Services Revenue in Global Market (2018-2023)
7.8.5 Unisys Key News & Latest Developments
7.9 Sapiens International
7.9.1 Sapiens International Company Summary
7.9.2 Sapiens International Business Overview
7.9.3 Sapiens International IT Managed Services Major Product Offerings
7.9.4 Sapiens International IT Managed Services Revenue in Global Market (2018-2023)
7.9.5 Sapiens International Key News & Latest Developments
7.10 Cisco
7.10.1 Cisco Company Summary
7.10.2 Cisco Business Overview
7.10.3 Cisco IT Managed Services Major Product Offerings
7.10.4 Cisco IT Managed Services Revenue in Global Market (2018-2023)
7.10.5 Cisco Key News & Latest Developments
7.11 Marco Technologies
7.11.1 Marco Technologies Company Summary
7.11.2 Marco Technologies Business Overview
7.11.3 Marco Technologies IT Managed Services Major Product Offerings
7.11.4 Marco Technologies IT Managed Services Revenue in Global Market (2018-2023)
7.11.5 Marco Technologies Key News & Latest Developments
7.12 Jade Global
7.12.1 Jade Global Company Summary
7.12.2 Jade Global Business Overview
7.12.3 Jade Global IT Managed Services Major Product Offerings
7.12.4 Jade Global IT Managed Services Revenue in Global Market (2018-2023)
7.12.5 Jade Global Key News & Latest Developments
7.13 Dell EMC
7.13.1 Dell EMC Company Summary
7.13.2 Dell EMC Business Overview
7.13.3 Dell EMC IT Managed Services Major Product Offerings
7.13.4 Dell EMC IT Managed Services Revenue in Global Market (2018-2023)
7.13.5 Dell EMC Key News & Latest Developments
7.14 DXC Technology
7.14.1 DXC Technology Company Summary
7.14.2 DXC Technology Business Overview
7.14.3 DXC Technology IT Managed Services Major Product Offerings
7.14.4 DXC Technology IT Managed Services Revenue in Global Market (2018-2023)
7.14.5 DXC Technology 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. IT Managed Services Market Opportunities & Trends in Global Market
Table 2. IT Managed Services Market Drivers in Global Market
Table 3. IT Managed Services Market Restraints in Global Market
Table 4. Key Players of IT Managed Services in Global Market
Table 5. Top IT Managed Services Players in Global Market, Ranking by Revenue (2022)
Table 6. Global IT Managed Services Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global IT Managed Services Revenue Share by Companies, 2018-2023
Table 8. Global Companies IT Managed Services Product Type
Table 9. List of Global Tier 1 IT Managed Services Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 IT Managed Services Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global IT Managed Services Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - IT Managed Services Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - IT Managed Services Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global IT Managed Services Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - IT Managed Services Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - IT Managed Services Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global IT Managed Services Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global IT Managed Services Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global IT Managed Services Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America IT Managed Services Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America IT Managed Services Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe IT Managed Services Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe IT Managed Services Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia IT Managed Services Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia IT Managed Services Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America IT Managed Services Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America IT Managed Services Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa IT Managed Services Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa IT Managed Services Revenue, (US$, Mn), 2024-2029
Table 30. IBM Company Summary
Table 31. IBM IT Managed Services Product Offerings
Table 32. IBM IT Managed Services Revenue (US$, Mn) & (2018-2023)
Table 33. IBM Key News & Latest Developments
Table 34. Accenture Company Summary
Table 35. Accenture IT Managed Services Product Offerings
Table 36. Accenture IT Managed Services Revenue (US$, Mn) & (2018-2023)
Table 37. Accenture Key News & Latest Developments
Table 38. Cognizant Company Summary
Table 39. Cognizant IT Managed Services Product Offerings
Table 40. Cognizant IT Managed Services Revenue (US$, Mn) & (2018-2023)
Table 41. Cognizant Key News & Latest Developments
Table 42. Rackspace Company Summary
Table 43. Rackspace IT Managed Services Product Offerings
Table 44. Rackspace IT Managed Services Revenue (US$, Mn) & (2018-2023)
Table 45. Rackspace Key News & Latest Developments
Table 46. SAS Institute Company Summary
Table 47. SAS Institute IT Managed Services Product Offerings
Table 48. SAS Institute IT Managed Services Revenue (US$, Mn) & (2018-2023)
Table 49. SAS Institute Key News & Latest Developments
Table 50. Presidio Company Summary
Table 51. Presidio IT Managed Services Product Offerings
Table 52. Presidio IT Managed Services Revenue (US$, Mn) & (2018-2023)
Table 53. Presidio Key News & Latest Developments
Table 54. CenturyLink Company Summary
Table 55. CenturyLink IT Managed Services Product Offerings
Table 56. CenturyLink IT Managed Services Revenue (US$, Mn) & (2018-2023)
Table 57. CenturyLink Key News & Latest Developments
Table 58. Unisys Company Summary
Table 59. Unisys IT Managed Services Product Offerings
Table 60. Unisys IT Managed Services Revenue (US$, Mn) & (2018-2023)
Table 61. Unisys Key News & Latest Developments
Table 62. Sapiens International Company Summary
Table 63. Sapiens International IT Managed Services Product Offerings
Table 64. Sapiens International IT Managed Services Revenue (US$, Mn) & (2018-2023)
Table 65. Sapiens International Key News & Latest Developments
Table 66. Cisco Company Summary
Table 67. Cisco IT Managed Services Product Offerings
Table 68. Cisco IT Managed Services Revenue (US$, Mn) & (2018-2023)
Table 69. Cisco Key News & Latest Developments
Table 70. Marco Technologies Company Summary
Table 71. Marco Technologies IT Managed Services Product Offerings
Table 72. Marco Technologies IT Managed Services Revenue (US$, Mn) & (2018-2023)
Table 73. Marco Technologies Key News & Latest Developments
Table 74. Jade Global Company Summary
Table 75. Jade Global IT Managed Services Product Offerings
Table 76. Jade Global IT Managed Services Revenue (US$, Mn) & (2018-2023)
Table 77. Jade Global Key News & Latest Developments
Table 78. Dell EMC Company Summary
Table 79. Dell EMC IT Managed Services Product Offerings
Table 80. Dell EMC IT Managed Services Revenue (US$, Mn) & (2018-2023)
Table 81. Dell EMC Key News & Latest Developments
Table 82. DXC Technology Company Summary
Table 83. DXC Technology IT Managed Services Product Offerings
Table 84. DXC Technology IT Managed Services Revenue (US$, Mn) & (2018-2023)
Table 85. DXC Technology Key News & Latest Developments
List of Figures
Figure 1. IT Managed Services Segment by Type in 2022
Figure 2. IT Managed Services Segment by Application in 2022
Figure 3. Global IT Managed Services Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global IT Managed Services Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global IT Managed Services Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by IT Managed Services Revenue in 2022
Figure 8. By Type - Global IT Managed Services Revenue Market Share, 2018-2029
Figure 9. By Application - Global IT Managed Services Revenue Market Share, 2018-2029
Figure 10. By Type - Global IT Managed Services Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global IT Managed Services Revenue Market Share, 2018-2029
Figure 12. By Application - Global IT Managed Services Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global IT Managed Services Revenue Market Share, 2018-2029
Figure 14. By Region - Global IT Managed Services Revenue Market Share, 2018-2029
Figure 15. By Country - North America IT Managed Services Revenue Market Share, 2018-2029
Figure 16. US IT Managed Services Revenue, (US$, Mn), 2018-2029
Figure 17. Canada IT Managed Services Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico IT Managed Services Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe IT Managed Services Revenue Market Share, 2018-2029
Figure 20. Germany IT Managed Services Revenue, (US$, Mn), 2018-2029
Figure 21. France IT Managed Services Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. IT Managed Services Revenue, (US$, Mn), 2018-2029
Figure 23. Italy IT Managed Services Revenue, (US$, Mn), 2018-2029
Figure 24. Russia IT Managed Services Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries IT Managed Services Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux IT Managed Services Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia IT Managed Services Revenue Market Share, 2018-2029
Figure 28. China IT Managed Services Revenue, (US$, Mn), 2018-2029
Figure 29. Japan IT Managed Services Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea IT Managed Services Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia IT Managed Services Revenue, (US$, Mn), 2018-2029
Figure 32. India IT Managed Services Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America IT Managed Services Revenue Market Share, 2018-2029
Figure 34. Brazil IT Managed Services Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina IT Managed Services Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa IT Managed Services Revenue Market Share, 2018-2029
Figure 37. Turkey IT Managed Services Revenue, (US$, Mn), 2018-2029
Figure 38. Israel IT Managed Services Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia IT Managed Services Revenue, (US$, Mn), 2018-2029
Figure 40. UAE IT Managed Services Revenue, (US$, Mn), 2018-2029
Figure 41. IBM IT Managed Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Accenture IT Managed Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Cognizant IT Managed Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Rackspace IT Managed Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. SAS Institute IT Managed Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Presidio IT Managed Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. CenturyLink IT Managed Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Unisys IT Managed Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Sapiens International IT Managed Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. Cisco IT Managed Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 51. Marco Technologies IT Managed Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 52. Jade Global IT Managed Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 53. Dell EMC IT Managed Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 54. DXC Technology IT Managed Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
