US Managed Services Market is Segmented by Deployment (On-Premise, Cloud), Service Type (Managed Data Center, Managed Security, Managed Communications, and More), by Organization Size (Small and Medium Enterprises, Large Enterprises), End User (BFSI, IT and Telecom, Healthcare, and More). The Market Forecasts are Provided in Terms of Value (USD).

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.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 69.9 Billion
Market Forecast in 2033	USD 171.7 Billion
Market Growth Rate (2025-2033)	10.5%

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 North America Managed Services Market report segments the industry into By Deployment (On-premise, Cloud), By Type (Managed Data Center, Managed Security, Managed Communications, Managed Network, and more), By Enterprise Size (Small Enterprises, Medium Enterprises, Large Enterprises), By End-user Vertical (BFSI, IT and Telecom, Healthcare, and more), and By Country (United States, Canada).

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 U.S. Managed Services Market size was valued at USD 88.13 billion in 2023 and is projected to reach USD 207.34 billion by 2032, exhibiting a CAGR of 13.0 % during the forecasts period. Managed services refer to outsourced IT solutions where a service provider assumes responsibility for managing and maintaining a client's IT infrastructure and end-user systems. This proactive approach ensures continuous monitoring, maintenance, and support, often on a subscription basis. Managed services providers (MSPs) offer a range of services, including network management, cybersecurity, cloud computing, and help desk support. This model allows organizations to focus on their core business objectives while leveraging the expertise and scalability of MSPs. It also ensures predictable costs, improved operational efficiency, and enhanced security, making managed services a preferred choice for businesses seeking reliable IT management solutions. Recent developments include: In February 2024, BMC, a global leader in Autonomous Digital Enterprise software solutions, joined forces with Amdocs to expedite connected digital operations across the telecommunications and financial services industries. This collaboration aims to deliver growth, automation, and efficiencies for customers. , In February 2024, Broadcom Inc. and Google Cloud announced plans to support license portability of VMware Cloud Foundation to Google Cloud VMware Engine. This collaboration enables customers to buy VMware Cloud Foundation software subscriptions from Broadcom and use them in Google Cloud VMware Engine and on-prem data centers. , In October 2023, Logicalis introduced a portfolio of Intelligent Connectivity solutions powered by Cisco Systems, including SASE, SSE, SD-WAN, and Private 5G. This will allow Logicalis customers to access digitally managed services built on Cisco technology and supported by the Logicalis Digital Fabric Platform. , In November 2022, Global technology solutions company Unisys Corporation and multi-cloud data services company Faction announced an end-to-end solution for fully-managed data protection, cyber recovery and business continuity services in both on-premises and multi-cloud environments. .

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Managed Services Market Size 2025-2029

The managed services market size is forecast to increase by USD 217 billion, at a CAGR of 11.3% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing adoption of Internet of Things (IoT) solutions and the advent of big data and analytics services. Companies are recognizing the value of outsourcing IT management to focus on core business functions, leading to a surge in demand for managed services. However, this market landscape is not without challenges. Data privacy and security risks in cloud-based services continue to pose a significant obstacle, as more businesses move their operations to the cloud. Ensuring the confidentiality, integrity, and availability of sensitive data is a top priority for organizations, necessitating robust security measures and compliance with data protection regulations.
Companies must navigate these challenges to effectively capitalize on the opportunities presented by the market's dynamic landscape. By investing in advanced security solutions and adhering to best practices, businesses can mitigate risks and build trust with their customers, ultimately driving growth and success in this competitive market.

What will be the Size of the Managed Services Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, with dynamic market activities unfolding across various sectors. Entities seek to optimize their IT infrastructure through data governance, endpoint security, incident response, technical support, hybrid cloud, system administration, infrastructure management, service level agreements, performance monitoring, software licensing, big data analytics, and artificial intelligence. These solutions are integrated into comprehensive offerings, ensuring businesses maintain optimal IT performance and security. Data governance strategies enable organizations to manage and protect sensitive information, while endpoint security safeguards against cyber threats. Incident response and technical support provide swift resolution to IT issues, ensuring minimal disruption to business operations. Hybrid cloud solutions offer flexibility and cost savings, allowing businesses to leverage both on-premises and cloud resources.

System administration and infrastructure management ensure IT environments run efficiently, while service level agreements and performance monitoring enable businesses to measure and improve service quality. Software licensing solutions provide cost optimization, while big data analytics and artificial intelligence offer valuable insights for strategic decision-making. Vulnerability assessments and security audits ensure IT environments remain compliant with industry regulations, safeguarding against potential risks. Disaster recovery and business continuity plans ensure uninterrupted operations in the face of unexpected events. IT consulting and outsourcing offer expert guidance and cost savings, enabling businesses to focus on their core competencies. Remote monitoring and customer relationship management enhance IT service delivery, improving customer satisfaction and loyalty.

Cost optimization and resource optimization strategies help businesses maximize their IT investments, while digital transformation initiatives drive innovation and growth. Knowledge management solutions enable effective information sharing and collaboration, fostering a culture of continuous learning and improvement. The IT service management landscape is continually evolving, with new technologies and trends shaping the market. Managed services providers must stay abreast of these developments to deliver value to their clients and remain competitive in the marketplace.

How is this Managed Services Industry segmented?

The managed services industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  MDS
  MNS
  MSS
  MMS
  Others


Deployment

  Cloud
  On-premises


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Type Insights

The mds segment is estimated to witness significant growth during the forecast period.

The market is witnessing significant growth, particularly in sectors such as IT, banking, financial services and insurance (BFSI), education, healthcare, and retail. The demand for managed services, including capacity planning, hardware maintenance, machine learning, security audits, performance metrics, cybersecurity services, disaster recovery,

In US Managed Services Market , was valued at approximately USD 10.11 billion in 2022 and is projected to reach USD 12.45 billion by 2029,

Worldwide revenue from managed services is estimated at US$ 302.11 billion in 2024. The global managed services market is forecasted to expand at 7.3% CAGR and climb to a size of US$ 611.17 billion by the end of 2034.

Report Attributes	Details
Managed Services Market Size (2024E)	US$ 302.11 Billion
Forecasted Market Value (2034F)	US$ 611.17 Billion
Global Market Growth Rate (2024 to 2034)	7.3% CAGR
North America Market Value (2024E)	US$ 99.7 Billion
East Asia Market Growth Rate (2024 to 2034)	8.4% CAGR
Cloud-Based Segment Value (2034F)	US$ 397.26 Billion
Managed Data Center & IT Infrastructure Services Segment Value (2034F)	US$ 244.47 Billion
Key Companies Profiled	IBM; Fujitsu; Accenture; Atos; Cisco Systems, Inc.; Lenovo; BMC Software, Inc.; Atera Networks Ltd.; DXC Technology Company; HCL Technologies Limited; Cloud5 Communications; Wipro Limited

Country-wise Insights

Attribute	United States
Market Value (2024E)	US$ 44.36 Billion
Growth Rate (2024 to 2034)	7.1% CAGR
Projected Value (2034F)	US$ 87.79 Billion

Attribute	Japan
Market Value (2024E)	US$ 20.52 Billion
Growth Rate (2024 to 2034)	8.6% CAGR
Projected Value (2034F)	US$ 46.72 Billion

Category-wise Insights

Attribute	Cloud-Based
Segment Value (2024E)	US$ 181.27 Billion
Growth Rate (2024 to 2034)	8.2% CAGR
Projected Value (2034F)	US$ 397.26 Billion

Attribute	Managed Data Centers & IT Infrastructure Services
Segment Value (2024E)	US$ 126.89 Billion
Growth Rate (2024 to 2034)	6.8% CAGR
Projected Value (2034F)	US$ 244.47 Billion

The United States managed services market size reached approximately USD 23.34 Billion in 2024. The market is projected to grow at a CAGR of 10.40% between 2025 and 2034, reaching a value of around USD 62.78 Billion by 2034.

Managed Services Market Outlook

According to our latest research, the global managed services market size reached USD 309.4 billion in 2024, driven by the escalating demand for efficient IT operations and cost-effective business solutions across diverse industries. The market is projected to expand at a robust CAGR of 12.2% from 2025 to 2033, reaching a forecasted value of USD 791.3 billion by 2033. This impressive growth is primarily fueled by rapid digital transformation, increasing adoption of cloud-based technologies, and the pressing need for enhanced cybersecurity frameworks among enterprises worldwide.

One of the primary growth factors propelling the managed services market is the increasing complexity of IT environments. Organizations are rapidly adopting advanced technologies such as artificial intelligence, Internet of Things (IoT), and big data analytics to remain competitive. However, managing these technologies in-house often requires specialized expertise and substantial financial investment, which can be challenging for many enterprises, particularly small and medium-sized businesses. Managed service providers (MSPs) offer a compelling solution by delivering expert support, proactive monitoring, and end-to-end management of IT infrastructure, enabling organizations to focus on their core competencies while optimizing operational efficiency and reducing costs.

Another significant driver is the growing threat landscape associated with cybersecurity. As digital transformation accelerates, businesses are increasingly exposed to sophisticated cyberattacks, data breaches, and regulatory compliance challenges. Managed security services have become a critical component of the overall managed services portfolio, providing organizations with advanced threat detection, incident response, and continuous security monitoring. The evolving regulatory environment, with stringent data protection laws such as GDPR and CCPA, further compels organizations to rely on managed services for maintaining compliance and safeguarding sensitive information. This heightened focus on security is expected to sustain robust demand for managed services across all sectors.

Additionally, the ongoing shift towards cloud computing and remote work models has amplified the need for managed services. Enterprises are leveraging cloud-based solutions to achieve greater scalability, flexibility, and business continuity. However, migrating to and managing cloud environments presents unique challenges related to integration, security, and performance optimization. MSPs play a pivotal role in facilitating seamless cloud adoption, offering tailored services such as cloud infrastructure management, migration support, and disaster recovery. The proliferation of hybrid and multi-cloud strategies, combined with the rise of distributed workforces, is anticipated to further accelerate the adoption of managed services in the coming years.

From a regional perspective, North America continues to dominate the managed services market, accounting for the largest revenue share in 2024. This leadership is attributed to the high concentration of technology-driven enterprises, early adoption of advanced IT solutions, and a mature managed services ecosystem in the region. Meanwhile, Asia Pacific is emerging as the fastest-growing market, propelled by rapid industrialization, expanding digital infrastructure, and increasing IT outsourcing activities in countries such as China, India, and Japan. Europe also demonstrates significant growth potential, supported by strong regulatory frameworks and a robust demand for managed security and compliance services. Latin America and the Middle East & Africa are witnessing steady growth, driven by rising investments in digital transformation and the growing presence of global managed service providers.

Service Type Analysis

The managed services market is segmented by service type into network management, data center and IT infrastructure management, security services, communication and collaboration services, mobility services, and ot

The US managed services market, a significant segment of the global landscape, is experiencing robust growth, driven by increasing digital transformation initiatives across various sectors. The market's expansion is fueled by the rising demand for cloud-based solutions, enhanced cybersecurity measures, and the need for efficient IT infrastructure management. Businesses, particularly large enterprises and those in the BFSI, IT & Telecom, and Healthcare sectors, are increasingly outsourcing their IT operations to managed service providers (MSPs) to reduce costs, improve operational efficiency, and focus on core business competencies. The shift towards hybrid cloud models and the adoption of advanced technologies like AI and machine learning in managed services further contribute to market expansion. While on-premise solutions still hold a segment of the market, cloud-based managed services are witnessing significantly higher growth rates, reflecting the industry's overall technological trajectory. Competition is fierce amongst established players like IBM, Microsoft, and Cisco, along with emerging regional MSPs vying for market share. This competitive pressure is pushing innovation and delivering more cost-effective and sophisticated solutions to the end-user. The US market, representing a substantial portion of the global market, benefits from high technological adoption rates and a mature IT infrastructure. Based on the provided global CAGR of 10.82% and considering the US market's relatively advanced development, a conservative estimate for the US CAGR would be between 9% and 11%, resulting in substantial market growth over the forecast period. Regulatory compliance mandates and an increasing awareness of data security are other crucial factors bolstering the growth trajectory. The ongoing evolution of the managed services landscape in the US demands a flexible and adaptable approach from providers. Successful MSPs are those that can offer tailored solutions catering to specific industry needs, integrating cutting-edge technologies, and providing robust cybersecurity capabilities. The market's fragmentation necessitates a strategic approach to acquire and retain clients, while continuous investment in research and development is crucial to maintain a competitive edge. Furthermore, the need for skilled professionals in cloud computing, cybersecurity, and network management is only growing, placing a premium on talent acquisition and retention within the industry. The increasing adoption of automation and orchestration tools is also transforming the way services are delivered, paving the way for improved efficiency and reduced operational costs. Future growth will depend on effective partnerships, strategic acquisitions, and the capacity to embrace innovative technologies rapidly to meet evolving customer demands and maintain competitiveness in this dynamic market. Recent developments include: October 2023 - Rackspace Technology introduced Rackspace Managed Cloud (RMC), an all-inclusive service enabling customers to delegate their cloud environments' management and operations. This comprehensive solution is tailored for organizations utilizing platforms such as AWS, Azure, Google Cloud, Rackspace Private Cloud, and on-premises infrastructure., August 2023 - Verizon Business forged a strategic global alliance, designating HCLTech as its key collaborator for Managed Network Services (MNS) in networking deployments for global enterprise clients. This collaboration united two prominent players in the enterprise networking arena. By leveraging Verizon's robust networking prowess and HCLTech's renowned Managed Service expertise, this partnership is set to redefine the landscape of wireline service delivery for large-scale enterprise customers.. Key drivers for this market are: Increasing Shift to Hybrid IT, Improved Cost and Operational Efficiency. Potential restraints include: Increasing Shift to Hybrid IT, Improved Cost and Operational Efficiency. Notable trends are: Cloud to Witness Significant Market Growth.

The size of the United States Managed Services Market was valued at USD 2.6 Billion in 2023 and is projected to reach USD 5.26 Billion by 2032, with an expected CAGR of 10.60% during the forecast period. The United States managed services market is growing at a rapid pace. The reason behind this is that IT environments are becoming more complex, people are moving towards cloud computing, and businesses need to focus on their core competencies while outsourcing non-core functions. Managed services include third-party service providers managing and overseeing an organization's IT infrastructure, applications, and operations such as network management, security, cloud services, data backup, and disaster recovery. The key drivers of the market are the rise in cybersecurity threats, the adoption of cloud solutions, the need for scalability, and the reduction of operational costs. As businesses increasingly rely on digital platforms and services, the demand for 24/7 monitoring and management of IT systems is escalating. MSPs offer cost-effective and flexible solutions for companies, especially small and medium enterprises that lack in-house IT resources. Other industries including health care, retail, finance, and manufacturing industries are seeking more managed services in order to handle data efficiently and maintain regulation as well as better operational management. A Hybrid IT environment, that integrates on-premises infrastructure with cloud-based services, drives more demand for managed services. Recent developments include: July 2023: Netskope, a prominent provider of Secure Access Service Edge (SASE), announced a fresh collaboration with Wipro Limited to deliver robust cloud-native Managed Secure Access Service Edge (SASE) and Managed Zero Trust Network Access (ZTNA) services to Wipro's expansive global enterprise client base., June 2023: Wipro Limited, a leading technology consulting and services company, unveiled a managed private 5G-as-a-service solution in partnership with Cisco. This innovative offering enables enterprise customers to enhance their business outcomes by seamlessly integrating private 5G with their existing WAN/LAN/Cloud infrastructure.. Notable trends are: Changing landscape of IT infrastructure and increasing demand for work-from-home are driving the market growth.

Mobile Managed Services Market is estimated to reach USD 391 Billion By 2034, Riding on a Strong 27.2% CAGR throughout the forecast period.

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Video Managed Services Market Size 2024-2028

The video managed services market size is forecast to increase by USD 19.21 billion at a CAGR of 55.91% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing need for organizations to focus on their core competencies and improve operational efficiency. This trend is further fueled by the automation of managed services, which enables service providers to offer more value-added services and reduce costs. However, the market also faces challenges such as system integration and interoperability issues, which can hinder market growth. Service providers must address these challenges by investing in advanced technologies and developing strategic partnerships to ensure seamless integration and interoperability of their services with various platforms and systems. By doing so, they can cater to the evolving needs of their customers and maintain a competitive edge In the market.In summary, the market is witnessing growth due to the need to improve efficiency and focus on core competencies, while facing challenges related to system integration and interoperability. Providers must address these challenges to capitalize on the market opportunities and deliver superior services to their customers.

What will be the Size of the Video Managed Services Market During the Forecast Period?

Request Free SampleThe market encompasses a range of offerings, including cloud videoconferencing, huddle room technology, and unified conferencing solutions. These services enable visual collaboration between businesses and consumers, as well as large enterprises and SMEs, through software and hardware offerings. IT operations play a crucial role In the adoption and implementation of these services, which can integrate with big data analytics, AI, and ML environments. Ott platforms and electronic components, such as networking equipment, are essential infrastructure components. The market caters to various sectors, including government organizations, public justice institutions, and work forces, with applications extending to video surveillance techniques using CCTV cameras and video management software.Business-to-business and business-to-consumer interactions are facilitated through conferencing solutions, further enhancing communication and productivity.

How is this Video Managed Services Industry segmented and which is the largest segment?

The video managed services industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. End-userEnterprisesGovernmentGeographyNorth AmericaCanadaUSEuropeGermanyAPACChinaIndiaSouth AmericaMiddle East and Africa

By End-user Insights

The enterprises segment is estimated to witness significant growth during the forecast period.

The enterprise sector is expected to lead the market due to the need to manage large deployments of video conferencing systems and audio-visual meeting rooms. Businesses encounter technical challenges, including inconsistent user experiences caused by a lack of standardization and complexity in meeting rooms. Decentralized purchasing methods allow companies to design overly elaborate rooms, leading to unnecessary expenses. These issues will drive market growth as enterprises seek solutions to streamline and optimize their video conferencing infrastructure. The market encompasses various components, including software, hardware, and services, as well as cloud-based solutions, OTT platforms, and visual collaboration tools. Key verticals include large enterprises, SMEs, government organizations, educational institutions, healthcare, and manufacturing industries.Video managed services enable productivity enhancements through applications such as telemedicine, connectivity tools, and security agencies. Additionally, video surveillance techniques and AI/ML environments are integral to the market, as are networking equipment and electronic components. ICT spending, cyber assaults, and smart city projects are significant factors influencing market trends.

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The Enterprises segment was valued at USD 898.60 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 44% to the growth of the global market during the forecast period.

Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The North American market for video managed services is thriving due to the region's advanced technology adoption in industries such as industrial, retail, and BFSI. With

Snapshot img

Data Center Managed Services Market Size 2024-2028

The data center managed services market size is forecast to increase by USD 57.63 billion at a CAGR of 10.14% between 2023 and 2028.

The market is experiencing significant growth due to increasing demands for advanced computing capabilities and data storage solutions. With budgetary limits driving organizations to outsource IT infrastructure management, there is a rising need for managed services that can effectively manage computing machines, hardware equipment, IT systems, servers, data storage drives, and network equipment. The trend towards edge computing is also expanding the market, as businesses seek to process data closer to the source for faster response times. However, the integration of these services into existing data centers presents complex challenges, requiring expertise in both IT infrastructure and managed services. This market analysis report delves into these growth factors and the complexities of integrating data center-managed services, providing valuable insights for businesses looking to optimize their IT infrastructure.

What will the size of the market be during the forecast period?

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The market represents a significant segment of the IT infrastructure landscape, providing businesses with essential solutions for maintaining and optimizing their IT infrastructure. This market encompasses a range of offerings, including hardware services, network services, backup maintenance, and fault tolerance solutions, among others. A reliable third-party managed service platform plays a crucial role in ensuring the upkeep and maintenance of an organization's IT infrastructure. By outsourcing these tasks, businesses can focus on their core competencies while ensuring their IT infrastructure remains reliable and efficient. Cloud infrastructure has become a norm in today's business environment, and data center managed services have evolved to meet the demands of this technology.



Furthermore, managed service providers offer expertise in managing complex IT networks, allowing businesses to leverage sophisticated technology without the need for extensive in-house IT resources. IT infrastructure is a foundational element of any growing business, and the need for reliable and efficient data center solutions is paramount. Managed services offer businesses the flexibility to scale their infrastructure as needed, without the logistical limits of managing hardware and software in-house. Network services are a critical component of data center managed services. External networks must be secure and reliable to ensure business continuity. Managed service providers offer solutions for upgrading and patching operating systems, disaster planning, and backup maintenance to mitigate potential risks and minimize downtime.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

End-user

  Retail
  Energy
  BFSI
  Healthcare
  Others


Deployment

  Cloud
  On-premises


Geography

  North America

    US


  Europe

    Germany
    UK


  APAC

    China
    Japan


  South America



  Middle East and Africa

By End-user Insights

The retail segment is estimated to witness significant growth during the forecast period.

The market caters to the management of digital data and computing equipment for various businesses, including those that run web applications and internal applications. This market is witnessing significant growth due to the increasing demand for efficient and reliable IT infrastructure management services. Customers across multiple industries, such as human resources and accounting, are turning to managed services to streamline their operations and focus on their core competencies. Managed services providers offer a range of solutions, including monitoring, maintenance, and security, ensuring that businesses can effectively manage their IT infrastructure and mitigate potential risks.

The integration of advanced technologies, such as artificial intelligence and machine learning, further enhances the value proposition of these services. The market is expected to continue its expansion as more businesses recognize the benefits of outsourcing their IT management needs.

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The retail segment was valued at USD 15.59 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 32% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape th

Global IT Managed Services market size is expected to reach $435.0 billion by 2029 at 9.3%, segmented as by cloud-based, public cloud, private cloud, hybrid cloud

North America Managed Services Market size was valued at USD 96.9 Billion in 2023 and is projected to reach USD 229 Billion by 2031, growing at a CAGR of 12.9% from 2024 to 2031.

North America Managed Services Market Dynamics

The key market dynamics that are shaping the North America managed services market include:

Key Market Drivers Digital Transformation and Cloud Adoption: According to a 2023 study from the United States Bureau of Labor Statistics (BLS), 78% of firms raised their IT expenditure on cloud and digital transformation programs, resulting in an increasing demand for managed services to manage complex cloud infrastructures. The US Department of Commerce revealed that cloud-based service spending increased by 32% year on year in North America.

The North America Managed Services market report offers a thorough competitive analysis, mapping key players’ strategies, market share, and business models. It provides insights into competitor dynamics, helping companies align their strategies with the current market landscape and future trends.

The Network Managed Services Market report segments the industry into By Type (Managed LAN, Managed WAN, Managed Wi-Fi, Managed Network Security, Other Services), By Organization Size (Small and Medium Enterprises (SMEs), Large Enterprises), By End User (BFSI, IT and Telecom, Healthcare and Pharmaceutical, Retail, Manufacturing, Education, and more), and By Geography (North America, Europe, Asia-Pacific, and more).

BASE YEAR	2024
HISTORICAL DATA	2019 - 2024
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
MARKET SIZE 2023	211.24(USD Billion)
MARKET SIZE 2024	229.64(USD Billion)
MARKET SIZE 2032	448.07(USD Billion)
SEGMENTS COVERED	Service Type ,Deployment Model ,Industry Vertical ,Organization Size ,Regional
COUNTRIES COVERED	North America, Europe, APAC, South America, MEA
KEY MARKET DYNAMICS	Increasing cloud adoption Growing demand for outsourcing Focus on cost optimization Need for improved IT efficiency Growing adoption of AI and ML
MARKET FORECAST UNITS	USD Billion
KEY COMPANIES PROFILED	Fujitsu ,Oracle ,Infosys ,HCL Technologies ,NTT Data ,Atos ,Deloitte ,Wipro ,Accenture ,Capgemini ,Cognizant ,DXC Technology ,IBM ,Tata Consultancy Services
MARKET FORECAST PERIOD	2025 - 2032
KEY MARKET OPPORTUNITIES	Rise in Cloud and Edge Computing Growing Demand for Digital Transformation Increasing Focus on Cybersecurity Emergence of Smart Cities and IoT Growing Need for Improved Operational Efficiency
COMPOUND ANNUAL GROWTH RATE (CAGR)	8.71% (2025 - 2032)