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Global Managed IT Infrastructure Services Market is expected to foresee significant growth. North America to lead the growth!

Managed IT infrastructure service is about administering and managing technology, information, and data in a proactive way. Its scope ranges from the desktop to networking, storage, data, security, and cloud-based services – not forgetting the people employed to keep everything working. Managed infrastructure services integrate, standardize, automate, and virtualize systems using the right cloud services and customer-owned IT to create a roadmap for companies to optimize their IT infrastructure, operations, and facilities.

The growing adoption of managed IT infrastructure services can be attributed to the increasing use of cloud-based solutions due to their potential advantages such as flexibility and efficient data storage. Diverse end users of IT infrastructure services such as BFSI, healthcare, manufacturing, and retail. also offer lucrative opportunities for the overall growth of the managed IT infrastructure services market. For instance, In 2020, the combined end-user spending on cloud services totaled $270 billion. Management services include DBMS management, application performance management, network management, configuration management, and inventory management, using these managed services can improve the quality of business processes, further develop your business processes, and increase return on investment.

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Based on service type, the market is segmented into managed security, managed networks, managed mobility, and others. The managed mobility segment is expected to achieve a significant CAGR during the forecast period. The growing adoption of managed mobility can be attributed to the rising demand for the bring your own device trend among businesses has enhanced organizational productivity, as employees can access business content irrespective of the time or place to better serve their customers.

Based on deployment, the market is segmented into on-premises and cloud. The cloud segment is expected to gain significant prominence during the forecast period. The growing demand for cloud services can be attributed to the cost-effectiveness of cloud services. As companies can eliminate unnecessary hardware or rigid on-premises assets and easily right-size computing resources according to their unique business requirements. Furthermore, the integration of cloud-based solutions and services helps organizations to reduce their operational cost significantly as they can be accessed from anywhere.

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Based on organization size, the market is segmented into small & medium enterprises and large enterprises. The small & medium enterprises segment is anticipated to achieve a substantial CAGR during the forecast period. The growing adoption of managed infrastructure services in small and medium enterprises can be attributed to the growing startup culture around the world, these organizations run with a very limited amount of working capital, which makes managed IT infrastructure services a reliable and affordable option.

Based on end-user, the market is segmented into IT and telecom, healthcare, manufacturing, BFSI, retail, and other end-user. The BFSI sector is expected to grow significantly during the forecast period. BFSI businesses require a sophisticated IT infrastructure to preserve and manage data ranging from trading instruments to record-keeping, reporting, and computations. IT services are critical to the success of financial transactions that require the exchange of information with consumers or internally.

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For a better understanding of the market adoption of the All-Terrain Vehicle industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America remains to be the largest managed IT infrastructure service market and is expected to maintain its dominance during the forecast period. The growing adoption of outsourced services to manage infrastructure services is expected to drive the managed IT infrastructure services market in the region. Furthermore, the presence of major players in the region such as IBM corporation Accenture, and Cognizant among others are expected to surge the market substantially.

Some of the major players operating in the market include AWS, Google, IBM, Cisco Systems, CSC global, VMware, Rackspace, Microsoft Corporation, Dell EMC (EMC Corporation), and Deutsche Telekom AG.

Global Managed IT Infrastructure Services Market Segmentation

Market Insight, by Service type

• Managed Security
• Managed Network
• Managed Mobility
• Others

Market Insight, by Deployment

  • On-Premises
  • Cloud

Market Insight, by Organization Size

• Small and Medium-Large Enterprises
• Large Enterprises

Market Insight, by Organization Size

• IT and telecom
• Healthcare
• Manufacturing
• BFSI
• Retail
• Others

Market Insight, by Region

  • North America
    • The United States
    •  Canada
    •  Rest of North America
  • Europe
    • Germany
    • The United Kingdom
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
  • Rest of the World

Top Company Profiles

• Amazon Web Services
• Google LLC
• International Business Machine Corporation
• Cisco Systems. Inc
• VMWare.Inc
• Rackspace Technology, Inc.
• Microsoft Corporation
• Dell. Inc
• Deutsche Telekom AG
• CSC Global

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