IT Managed Services Market Projected to grow at a CAGR of 9.4% over the Forecast Period 2016-2024

New York, USA, 2018-Dec-01 — /EPR Network/ —

According to Goldstein Research,  IT Managed Services Market estimated at USD 145.3 billion in 2016, which is estimated to reach USD 249.4 billion by 2024, growing at a CAGR of 9.4% over the forecast period 2016-2024. Advancing technologies and services such as big data, cloud computing, and mobility services among others that tend to provide flexibility, cost efficiency and improved profit margins to the companies are majorly driving the growth of global IT managed services market. Further geographically, global IT managed services industry is dominated by North America region which is anticipated to be growing at CAGR of 3.6% over the forecast period. Whereas, Asia Pacific region is anticipated to be fastest growing IT managed services market with major developments anticipated in the few countries such as Japan, Korea, China and India among others.

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Market Segmentation

Global IT Managed Services Market can be segmented as follows:

By Services Type

• Data Center & Network Management Services
• Desktop Management Services
• Server Management Services
• Install, Move, Add, Change (IMAC) Services
• IT Maintenance Services
• IT Hardware Support Services

By End Users

• BFSI (banking, Finance Services And Insurance)
• Manufacturing Sector
• Telecom and IT Sector
• Education Sector
• Healthcare Sector
• Aerospace and Defense
• Others (Retail, Logistics etc.)

By Region

• North America IT Managed Services Market Analysis, 2016-2024
• Europe IT Managed Services Market Analysis, 2016-2024
• Middle East And Africa IT Managed Services Market Analysis, 2016-2024
• Latin America IT Managed Services Market Analysis, 2016-2024
• Asia Pacific IT Managed Services Market Analysis, 2016-2024
• Rest Of The World IT Managed Services Market Analysis, 2016-2024

“Global IT Managed Services Market Outlook 2024” contains detailed overview of the global IT managed services market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by services type, end users and geography.

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The Global IT Managed Services Market Report highlights the competitive outlook of major global players that includes business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The in-depth analysis of IT managed services market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the global IT managed services market discussed in the report are: Siemens Corporation, Dell Technologies, IBM Corporation, Alcatel Lucent, Microsoft Corporation, Cisco Systems Inc., Hewlett Packard Enterprise, Accenture,etc.

Further, Global IT Managed Services Market Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The IT Managed Services Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis, and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.

Global IT Managed Services Market is driving on the basis of advancement in branches of healthcare mentioned below:

Connected Healthcare Market

The Connected Healthcare Market is anticipated to reach USD 150 billion by 2024 due to the persistent geriatric population as the elderly population is highly susceptible to acquire several health disorders as compared to younger adults. Connected Healthcare maintains the personalized healthcare by reducing resources and increasing demand for quality healthcare services.

Connected healthcare solutions merge information from different aspects of a person’s life to give the complete data related to health that comprises of biological, genetic, medical, lifestyle and sentiment/mood data than produce patient-centered care decisions.

Hospital Capacity Management Solutions Market

The Hospital Capacity Management Market is predicted to register a modest CAGR of 5.12% over the forecast period i.e. 2017-2024. Western Europe is the next most promising market after North America for the hospital capacity management solutions provider. The market value in this region is expected to register a CAGR of 5.5% during the forecast period. A hospital capacity management solution (HCMS) empowers a better and timely encumbrance of patients and consequently shortened the length of patient stay in the hospital. Hospital capacity management solutions footmark clinical data of patients can easily alert the doctor, nurse or caregiver, in order to safeguard timely care so that patients can be discharged earlier.

Global Asset Management Software Market

A major driver in the global Asset Management Software Market is the rapid adoption of asset management software in different industrial verticals owing to outdated infrastructure administration, improved results in terms of the returns on assets (RoA) and growing importance of the process called as asset tracking.
Global Gaming Software Market.

Cloud Services Market

Cloud service is provided to the users on demand or by subscriptions over the internet. Cloud services are provided and designed to ease the process of data handling and to easy access to resources, applications and services which are completely maintained and managed by the cloud service providers. Cloud Services Market accounted for USD 164.8 Billion in 2016 and the market is expected to reach USD 390.0 Billion by the end of 2024. Further, the market is anticipated to expand at a compound annual growth rate of 11.4% over the forecast period i.e. 2016-2024.