Global Managed Services Market Size & Outlook, 2023-2030
Global managed services market, 2018-2030 (US$M)
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Global managed services market highlights
- The global managed services market generated a revenue of USD 299,006.6 million in 2023 and is expected to reach USD 731,081.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 13.6% by 2030.
- In terms of segment, managed data center accounted for a revenue of USD 48,453.2 million in 2023.
- Managed Security is the most lucrative solution segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 299,006.6 million |
| Market revenue in 2030 | USD 731,081.2 million |
| Growth rate | 13.6% (CAGR from 2023 to 2030) |
| Largest segment | Managed data center |
| Fastest growing segment | Managed Security |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Managed Data Center, Managed Network, Managed Mobility, Managed Infrastructure, Managed Backup and Recovery, Managed Communication, Managed Information, Managed Security |
Other key industry trends
- In terms of revenue, the North America accounted for 32.4% of the global managed services market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 183,465.0 million by 2030.
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Managed Services Market Scope
Managed Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global managed services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to managed services market will help companies and investors design strategic landscapes.
Managed data center was the largest segment with a revenue share of 16.2% in 2023. Horizon Databook has segmented the Global managed services market based on managed data center, managed network, managed mobility, managed infrastructure, managed backup and recovery, managed communication, managed information, managed security covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Managed Services Solution Outlook (Revenue, USD Million, 2018-2030)
- Managed Data Center
- Managed Network
- Managed Mobility
- Managed Infrastructure
- Managed Backup and Recovery
- Managed Communication
- Managed Information
- Managed Security
- Global Managed Services Managed Information Service (MIS) Outlook (Revenue, USD Million, 2018-2030)
- Business Process Outsourcing (BPO)
- Business Support Systems
- Project & Portfolio Management
- Others
- Global Managed Services Deployment Outlook (Revenue, USD Million, 2018-2030)
- On-premise
- Hosted
- Global Managed Services Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
- Small & Medium Enterprises (SMEs)
- Large Enterprises
- Global Managed Services End Use Outlook (Revenue, USD Million, 2018-2030)
- Financial Services
- Government
- Healthcare
- IT & Telecom
- Manufacturing
- Media & Entertainment
- Retail
- Others
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Target buyers of Global managed services market databook
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Our clientele includes a mix of managed services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global managed services market , including forecasts for subscribers. This global databook contains high-level insights into Global managed services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global managed services market outlook size, by region, 2018-2030 (US$M)
Top 10 countries: Managed services market size, 2023 (US$M)
Global managed services market share, by solution, 2023 & 2030 (%, US$M)
Managed services market: Opportunity assessment by country
Global managed services market, by region, 2023 (US$M)
| Solution | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 58,379.3 | 64,222.9 | 70,994.7 | 78,591.6 | 87,140.0 | 96,884.6 | 108,024.3 | 120,871.6 | 135,784.4 | 153,290.0 | 173,923.0 | 198,284.1 | 227,073.8 | 12.9% |
| Europe | 44,980.2 | 49,583.0 | 54,921.9 | 60,921.6 | 67,683.8 | 75,403.3 | 84,241.1 | 94,447.4 | 106,353.7 | 120,325.1 | 136,803.9 | 156,279.5 | 179,334.2 | 13.2% |
| Asia Pacific | 34,893.7 | 38,963.5 | 43,718.7 | 49,123.1 | 55,282.7 | 62,385.6 | 70,600.0 | 80,178.4 | 91,372.5 | 104,670.7 | 120,540.1 | 139,401.6 | 162,007.6 | 14.6% |
| Latin America | 15,972.0 | 17,786.5 | 19,902.0 | 22,299.4 | 25,024.1 | 28,157.5 | 31,771.6 | 35,974.6 | 40,925.1 | 46,764.6 | 53,714.7 | 61,991.5 | 71,792.2 | 14.3% |
| MEA | 20,753.2 | 23,057.8 | 25,741.7 | 28,777.5 | 32,221.5 | 36,175.6 | 40,728.8 | 46,015.7 | 52,238.8 | 59,566.3 | 68,208.3 | 78,552.2 | 90,873.4 | 14.1% |
| Overall | 174,978.4 | 193,613.6 | 215,279.0 | 239,713.1 | 267,352.1 | 299,006.6 | 335,365.8 | 377,487.7 | 426,674.3 | 484,616.8 | 553,190.0 | 634,509.0 | 731,081.2 | 13.6% |
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