Managed Services Market is Segmented by Deployment (On-Premises, Cloud), Service Type (Managed Data Center, Managed Security, Managed Communications, and More), Enterprise Size (Small and Medium Enterprises, Large Enterprises), End-User Vertical (BFSI, IT and Telecommunication, Manufacturing, and More), and by Geography. The Market Forecasts are Provided in Terms of Value (USD).

The global managed services market was valued at over *** billion U.S. dollars in 2024. Overall, the global managed services market is expected to exceed *** billion U.S. dollars in 2028. What is managed services? The managed services market is primarily concerned with the outsourcing of certain computing and IT related processes such as cloud computing, IT infrastructure, and managed IT security. The market is dominated by large tech companies such as IBM, Accenture, Cognizant, and Capgemini, who provide managed computing services to client companies of all sizes around the world. What managed services products are popular? As of 2024, the most popular managed services were security and business apps in both Europe and North America. These services provide clients with the benefits of large IT infrastructure without the need for large amounts of in-house hardware. Further, managed services for cloud, container technology, big data, and internet of things (IoT) platforms are expected to hold much potential for managed service providers in the future. This is because these technologies are increasingly adopted and deployed by organizations around the world to benefit their overall digital transformation strategy.

The managed services market size is projected to grow from USD 323.8 billion in the current year to USD 1,026 billion by 2035, representing a CAGR of 11.1%, during the forecast period till 2035

The global managed services market size reached USD 304.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 570.8 Billion by 2033, exhibiting a growth rate (CAGR) of 7.2% during 2025-2033. The increasing demand for IT outsourcing solutions, the growing complexities in IT infrastructure management, and the rising need for cost-effective and scalable business solutions are some of the major factors propelling the growth of the market.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on type, deployment mode, enterprise size, and end use.

The global managed services market size is projected to grow from USD 393.02 billion in 2025 to USD 1037.46 billion by 2033, exhibiting a CAGR of 12.9%.
Report Scope:

The U.S. managed services market size was valued at USD 69.9 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 171.7 Billion by 2033, exhibiting a CAGR of 10.5% from 2025-2033. The market is primarily driven by the considerable rise in the number of remote workers requiring secure IT infrastructure, the growing adoption of AI for efficiency and cybersecurity, and the increasing utilization of industry-specific services tailored to meet challenges in various end-use sectors such as retail, healthcare, and logistics.

IMARC Group provides an analysis of the key trends in each segment of the U.S. managed services market, along with forecasts at the country and regional levels from 2025-2033. The market has been categorized based on type, deployment mode, enterprise size, and end use.

The managed services market is estimated at USD 441.1 billion in 2025. Demand is projected to reach USD 1,314.9 billion by 2035, growing at a CAGR of 11.5%.

Top Countries Building and Scaling Managed Services Infrastructure

Managed Services Market size was valued at USD 302.00 Billion in 2024 and is projected to reach USD 593.63 Billion by 2031, at a CAGR of 10.14% from 2024 to 2031.

Global Managed Services Market Overview

The increasing complexity of IT environments has become a significant driver fueling the growth of the global managed services market, particularly as organizations across various industries adopt a wide range of technologies to support their operations. According to industry statistics, the average number of technology solutions used by organizations has been steadily increasing over the years. Furthermore, the rising cybersecurity threats pose a significant challenge to organizations worldwide, driving a heightened focus on investments in cybersecurity measures. Industry statistics underscore the severity of this challenge, with cyberattacks becoming increasingly frequent and sophisticated.

Cloud Managed Services Market is Segmented by Service Type (Managed Infrastructure Services, Managed Network Services, and More), Deployment Type (Public Cloud, Private Cloud, Hybrid Cloud), Enterprise Size (Large Enterprise and SMEs), End User Industry (BFSI, IT and Telecom, Retail and E-Commerce, and More), and by Geography. The Market Forecasts are Provided in Terms of Value (USD).

Global Video Managed Services Market is Segmented by type (Software, Hardware), enterprise size (Large Enterprise, Small & Medium Enterprise), applications (Business to Business, Business to Consumer), and geography (North America, Europe, Asia Pacific, Rest of the World). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

By 2025, the managed database services market will likely hit USD 445,020.1 million and grow to USD 1,497,335 million by 2035, with a CAGR of 12.9%. The rise of using multi-cloud and mixed cloud plans, rising AI use for smart database upkeep, and more people using Database-as-a-Service are guiding the future of the industry. Also, more worry about keeping data safe and following rules is driving market growth.

Country-wise Insights

Managed Database Services Market - Segmentation Outlook

Competitive Outlook

The size of the Video Managed Services Market market was valued at USD 83.29 Billion in 2024 and is projected to reach USD 261.56 Billion by 2033, with an expected CAGR of 17.76% during the forecast period. Key drivers for this market are: Cloud-based video surveillance AI-powered analytics remote monitoring cybersecurity 5G connectivity . Potential restraints include: Rising Cloud Adoption Advancements in AIML Growing Adoption of Unified Communications and Collaboration Increasing Demand for Security and Compliance Proliferation of IoT Devices .

Global Managed Services Market size was USD 239.56 billion in 2022 and is reach USD 413.79 billion between 2023- 2030 with a CAGR of 7.21%.

Cloud Managed Services Market by Type (Cybersecurity, Infrastructure, Business, Network, Data Center, Communication, Mobility), Deployment (Public, Private, Hybrid), Organization, Sector (BFSI, Retail, Manufacturing, Automotive) - Global Forecast to 2030

The global Cloud Managed Services market size reached USD 99.00 Billion in 2022 and is expected to reach USD 272.34 Billion in 2032 registering a CAGR of 10.6%. Discover the latest trends and analysis on the Cloud Managed Services Market. Our report provides a comprehensive overview of the industry,...

Global Cloud Managed Services Market size worth at USD 125.27 Million in 2023 and projected to USD 428.08 Million by 2032, with a CAGR of around 14.63% between 2024-2032.

Europe Managed Services Market Size was valued at USD 37.7 Billion in 2024 and is projected to reach USD 76.2 Billion by 2032, growing at a CAGR of 9.2% from 2026 to 2032.

Key Market Drivers

Digital Transformation Acceleration: The acceleration of digital change will propel the European Managed Services Market. As of 2023, 98% of EU firms used internet-connected PCs, and 41% acquired cloud computing services, up from 24% in 2018, indicating a significant transition toward digital technologies. As digital use has increased, IT infrastructures have become more sophisticated, making it difficult for enterprises to maintain autonomously.

Cybersecurity Concerns and Compliance Requirements: Cybersecurity concerns and compliance constraints are propelling the European Managed Services Market. The European Union Agency for Cybersecurity (ENISA) estimated a 150% increase in ransomware assaults between 2021 and 2022, emphasizing the growing necessity for strong security measures. GDPR fines totaled €2.92 billion in 2023, driving enterprises to seek managed security services providers with the necessary competence to assure compliance.

Cloud Managed Services Market fueling secure cloud adoption, Projected growth from USD 134.48 billion in 2024 to USD 524.28 billion by 2034 at 14.6% CAGR. Explore cost-effective trends & forecasts.

The size of the Managed Services Market was valued at USD 4.044 Billion in 2023 and is projected to reach USD 15.72 Billion by 2032, with an expected CAGR of 21.40% during the forecast period. Key drivers for this market are: Predictive Analytics and AIOps: Managed services providers are increasingly using predictive analytics and artificial intelligence for operations (AIOps) to enhance service delivery and customer experience.

Managed Services as a Platform: Managed services are evolving into platforms that offer a range of capabilities, enabling businesses to build and scale their IT operations.

Blockchain and Distributed Ledger Technology: Blockchain and distributed ledger technology are creating new opportunities for managed services providers to enhance security and transparency.

Managed Services for Edge Computing: The growing adoption of edge computing is creating demand for managed services that support edge devices and applications.

Cross-Industry Partnerships: Managed services providers are forming partnerships with companies from other industries to offer specialized solutions, such as healthcare or manufacturing.. Potential restraints include: Security Concerns: Businesses may hesitate to outsource sensitive data to managed services providers due to security concerns.

Lack of Control: Outsourcing managed services can lead to a loss of control over IT operations and decision-making.

Integration Challenges: Integrating managed services with existing IT systems can be complex and time-consuming.

Pricing and Escalation: Managing service pricing can be complex, and costs may escalate due to hidden or unforeseen expenses.

Vendor Lock-In: Long-term contracts with managed services providers can lead to vendor lock-in, limiting flexibility and choice.. Notable trends are: Technological Advancements: Innovations in cloud computing, automation, and artificial intelligence are creating new opportunities for managed services providers.

Growing Cybersecurity Threats: The evolving cybersecurity landscape is driving demand for managed security services.

Cost Optimization: Managed services can help businesses reduce IT costs by outsourcing non-core functions.

Focus on Innovation: Managed services providers allow businesses to focus on their core competencies and drive innovation.

Regulatory Compliance: Managed services can help businesses meet industry regulations and compliance requirements..