The global managed infrastructure services market size is expected to reach USD 89,623.2 million in 2023. The demand for managed infrastructure services is expected to register a CAGR of 10.3% from 2023 to 2033. As this upward path continues, the market is estimated to reach a remarkable sum of USD 239,596.3 million by 2033.
Key Factors Propelling Growth in the Managed Infrastructure Services Industry
Data Points | Key Statistics |
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Managed Infrastructure Services Market Size (2023) | USD 89,623.2 million |
Managed Infrastructure Services Market Revenue Forecast (2033) | USD 239,596.3 million |
Managed Infrastructure Services Market Projected Growth Rate (2023 to 2033) | 10.3% CAGR |
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Remarkably, from 2018 to 2022, the managed infrastructure services market registered a CAGR of 12.3%, reaching 82,450.0 million in 2022. Looking ahead to the forecast period, there appears to be a possible drop in the CAGR. As the market matures, the initial surge in demand for managed infrastructure services seems to diminish gradually.
The shifting preferences of businesses over time are becoming more evident. With the increasing technological advancement of companies, there's a noticeable inclination toward internal handling of certain IT functions. Subsequently, this could result in drop in their dependence on externally managed infrastructure services.
The managed infrastructure services is estimated to be grow notable owing to various growth opportunities. The companies are identifying the benefits of infrastructure outsourcing. Infrastructure services capability to scale and fulfil nosiness needs is driving their demand. Growing virtual environment is encouraging businesses to scale their operating model. Moreover, popularity of remote operations will drive MIS market.
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The North American region dominated the global managed infrastructure services industry and is projected to maintain its prominent position through 2033. The significant presence of key industry players and a steadfast commitment to technological progress positions North America as the primary hub for managed infrastructure services.
Within this region, the United States stands out as the primary market. The country has widely adopted cloud-based services, IoT, and big data analytics.
Country | United States |
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2022 value share in Global Market | 18.6% |
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The Asia Pacific region is poised to experience substantial market development. The growth can be primarily attributed to its dominant presence in IT and IT-enabled services across countries like China and India.
The market is witnessing ongoing developments, including a notable shift toward hybrid infrastructure models. With its robust technological ecosystem, China stands as a leading force in the MIS domain. The market is proliferating rapidly in India, given its thriving IT industry and expanding e-governance initiatives.
Country | China |
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Value CAGR (2023 to 2033) | 12.2% |
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Country | India |
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Value CAGR (2023 to 2033) | 15.5% |
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Country | Japan |
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2022 value share in Global Market | 4.8% |
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The managed infrastructure services market in Europe is set to witness extensive growth between 2023 and 2033. Managed services are steadily garnering popularity in Europe's traditional business landscape. Several businesses are identifying the advantages of partnering with MSPs. This shift is resulting in growing number of industry players in the region who see the value and advantages of such partnerships.
Country | United Kingdom |
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Value CAGR (2023 to 2033) | 8.2% |
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Country | Germany |
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2022 value share in Global Market | 8.2% |
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Segment | 2022 value share in Global Market |
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Remote System Management & Monitoring | 30.2% |
Managed Infrastructure Services for BFSI | 18.3% |
The remote system management & monitoring segment is a market leader. Its innate ability to oversee critical IT infrastructures in real time sets it apart. It proactively maintains and monitors systems seamlessly.
What really sets this segment apart is its efficiency in tracking, analyzing, and optimizing various components of remote systems. This, in turn, helps businesses preempt potential disruptions, ramp up operational efficiency, and ensure peak performance.
With the help of cutting-edge monitoring tools, predictive analytics, and proactive issue resolution, the remote system management & monitoring segment empowers organizations to shield their infrastructures from downtime, effectively curbing costly interruptions. This, in turn, leads to a significant boost in operational reliability. As a result, both business continuity and client satisfaction experience a marked increase.
The market has a standout player: the Banking, Financial Services, and Insurance (BFSI) segment. This dominance is rooted in the BFSI sector's profound demand for top-notch technology solutions. BFSI's dominance arises from its complex financial operations network.
It requires robust measures of security, scalability, and operational efficiency. The sector's leadership is highlighted by its continuous embrace of advanced technologies. These technologies enhance customer experiences, streamline transactions, and bolster data protection.
Financial services keep expanding and evolving. This trajectory finds its roots in the dynamic interplay of shifting customer preferences and evolving regulatory requirements. As a result, the demand for advanced MIS solutions keeps growing. The BFSI sector's innovation and investment in high-tech infrastructure add to its notable position in the market.
Prominent industry players are strategically navigating the landscape to bolster their positions and foster growth. They are adopting innovative strategies to stay ahead. These strategies include product innovation, robust research and development investments, strategic partnerships, and impactful mergers and acquisitions.
These strategies empower them to cater to evolving client demands and stay ahead of technological trends. These endeavors fortify their market presence and set the stage for sustained progress.
Company Name | Transaction Network Services |
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Date | August 2023 |
Recent Developments | Transaction Network Services revealed a strategic collaboration with TRAFiX.
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Company Name | ServiceNow, NVIDIA, and Accenture |
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Date | July 2023 |
Recent Developments | ServiceNow, NVIDIA, and Accenture formed a strategic partnership to enhance the integration of generative AI across enterprises.
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Company Name | NTT Ltd. |
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Date | March 2023 |
Recent Developments | NTT Ltd. introduced its Managed Detection and Response security solution.
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Company Name | Kyndryl |
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Date | December 2022 |
Recent Developments | Kyndryl, formerly recognized as IBM's Managed Infrastructure Services division, unveiled Cloud Native Services.
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Company Name | Dell Technologies |
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Date | May 2021 |
Recent Developments | Dell Technologies initiated a strategic move into the domain of managed services by introducing cloud-based infrastructure services under the umbrella of Dell Technologies APEX.
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Report Attribute | Details |
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Growth Rate | CAGR of 10.3% from 2023 to 2033 |
Market Value in 2023 | USD 89,623.2 million |
Market Value in 2033 | USD 239,596.3 million |
Base Year for Estimates | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in USD million and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Service Type, Industry, Region |
Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East and Africa |
Key Countries Profiled | United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, China, Japan, South Korea, Malaysia, Singapore, Australia, GCC, South Africa, Israel |
Key Companies Profiled | IBM; Fujitsu; Cisco; Accenture; Atos; DXC Technology; AT&T; Ericsson; Cognizant; Dell Technologies Inc. |
Report Customization & Pricing | Available upon Request |
The global market is expected to reach a valuation of USD 89,623.2 million in 2023.
The managed infrastructure services industry is expected to develop at a CAGR of 10.3% through 2033.
The global sales of managed infrastructure services are anticipated to total a valuation of USD 239,596.3 million by 2033.
North America is poised to maintain its position as a highly profitable market for managed infrastructure services, representing a substantial 25.5% share of the global market in 2022.
MIS is adopted by various industries, including telecom & IT, BFSI, consumer goods and retail, manufacturing, healthcare and life sciences, education, and energy, to improve efficiency, security, and operational agility.
The market is witnessing an upsurge in demand for cloud-based solutions, a proliferation of edge computing, and a significant focus on cybersecurity enhancements.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Service Type 5.1. Remote System Management & Monitoring 5.2. Disaster Recovery & Business Continuity Service 5.3. Information Security Audits & Assessment 5.4. Others 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Industry 6.1. for Telecom & IT 6.2. for BFSI 6.3. for Consumer Goods and Retail 6.4. for Manufacturing 6.5. for Healthcare and Life Sciences 6.6. for Education 6.7. for Energy 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. North America 7.2. Latin America 7.3. Western Europe 7.4. Eastern Europe 7.5. South Asia and Pacific 7.6. East Asia 7.7. Middle East and Africa 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. IBM 17.2. Fujitsu 17.3. Cisco 17.4. Accenture 17.5. Atos 17.6. DXC Technology 17.7. AT&T 17.8. Ericsson 17.9. Cognizant 17.10. Dell Technologies Inc. 18. Assumptions & Acronyms Used 19. Research Methodology
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