SAN FRANCISCO, March 15, 2022 / PRNewswire / – The global managed services market is expected to reach $ 731.08 billion by 2030, according to a new study conducted by Grand View Research, Inc. The market is projected to register a CAGR of 13.4% from 2022 to 2030. Strengthening profit margins, which effectively meet the needs of a dynamic business environment, and improving operational efficiency are expected to contribute to market growth. The benefits associated with the implementation of managed services, such as a significant reduction in IT operating costs and increased organizational efficiency, are expected to drive market growth.
Key Insights & amp; Findings from the report:
● The managed security segment is expected to register the highest CAGR over the forecast period due to the adoption of managed security services in end-use industries due to various benefits such as security monitoring and management, email threat management, return management and amp; backups and support & amp; maintenance management.
● The business support system segment is expected to register the highest CAGR from 2022 to 2030. Increasing adoption of business support services such as business analysis, database integration, demand management services and project management in end-use industries is expected to encourage growth of the business support system segment in the forecast period.
● The local segment dominated the 2021 market. Many organizations have adopted the local implementation method because it does not require an Internet connection and allows easy customization of software to meet customer business process requirements.
● The segment of small and medium enterprises (SMEs) is expected to register a significant CAGR over the forecast period. The increase in government initiatives through various digital SME campaigns around the world is expected to boost the growth of the SME segment over the forecast period.
● The healthcare segment is expected to emerge as the fastest growing segment in the forecast period. Several healthcare organizations are opting for managed services to protect patient data and secure money transactions, thus contributing to growth.
● North America had the largest market share in terms of revenue in 2021. The growing number of multinational companies (MNCs) in North America is a good sign of regional market growth.
Request a free copy or view a summary of the report: “Report on Managed Services Market Size, Solution Share and Trends, by Managed Information Service (MIS), by Implementation, by Enterprise Size, by End Use, by Region and Segment Forecasts, 2022 – 2030 “, published by Grand View Research.
Managed Services Market Growth & amp; Trends
Managed services help reduce recurring internal IT costs by ensuring that their IT infrastructure operates with optimal efficiency at all times, while automating business operations. This later enables organizations to effectively achieve their business goals, especially in terms of strengthening results and increasing profitability. It is expected that the initiatives that various governments are aggressively implementing in the direction of digital transformation focused on modernizing their IT infrastructure, strengthening governance and improving services for citizens, will trigger the demand for managed services in the foreseeable future.
For example, in May 2021, the Government of Canada (GC) released the latest version of its digital strategy, which includes a renewed effort to provide individuals with a secure digital identity. The Canadian government is expected to create a unique digital identity for Canadians, and Shared Services Canada (SSC) is trying to consolidate the networks of ministries and move them all to cloud-based networks. The GC aims to modernize the way government manages technology and technical transformation to maintain the government’s response and resilience to the changing demands and expectations of Canadians and companies.
Several companies have faced challenges due to the COVID-19 pandemic, and managed service providers (SMEs) are no exception. Organizations around the world have opted for managed services to ensure operational efficiency amid quarantines carried out in different countries to stop the spread of coronavirus, organizational spending on new automation initiatives has gradually slowed.
Managed services market segmentation
Grand View Research has segmented the global market for managed services based on solutions, Managed Information Service (MIS), implementation, enterprise size, end use and region:
Managed Services Solution Perspective (Revenue, Billions of USD, 2017 – 2030)
● Managed backup and recovery
Managed Information Services (MIS) Outlook (Revenue, Billions of USD, 2017 – 2030)
● Business Process Outsourcing (BPO)
● Project & amp; Portfolio management
Perspective on the implementation of managed services (revenue, billion USD, 2017 – 2030)
Managed services by enterprise size (revenue, billions of USD, 2017 – 2030)
● Small & amp; Medium enterprises (SMEs)
End-use perspective of managed services (revenue, billions of USD, 2017 – 2030)
Regional outlook for managed services (revenue, billions of USD, 2017 – 2030)
List of key players in the managed services market
● Hewlett Packard Enterprise Development LP
● International Business Machines Corporation
See more related studies published by Grand View Research:
● Managed Security Services Market – The global managed security services market is expected to reach $ 60.94 billion by 2024, according to a new report from Grand View Research, Inc. The proliferation of advanced threats is expected to increase the uptake of managed security services over the forecast period.
● Business Software and Services Market – The global business software and services market is expected to reach $ 911.77 billion by 2028, recording a CAGR of 11.3% from 2021 to 2028, according to a new Grand View Research report. Inc. Increasing volume It is expected that business data and automation of business processes in various industries such as healthcare, retail and manufacturing will drive market growth over the forecast period.
● Cloud Managed Services Market – The global cloud managed services market is expected to reach $ 82.51 billion by 2025, according to a study conducted by Grand View Research, Inc. The company’s focus on primary business operations results in larger services managed in cloud adoption. Business services, security services, network services, data center services and mobility services are the main categories in the cloud-based services market.
View Grand View Research’s next-generation industrial research reports.
Grand View Research, a U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in San Francisco-based California, the company consists of over 425 analysts and consultants, adding more than 1,200 market research reports to its vast database each year. These reports offer a detailed analysis of 46 industries in 25 major countries around the world. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and assess the opportunities ahead.
Sherry James Corporate Sales Specialist, USAGrand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: [email protected] Web: https: //www.grandviewresearch.comGrand View Compass | Grand View Pipeline Follow us: LinkedIn | Twitter
SOURCE Grand View Research, Inc.
Is Aya an MSP?
We believe that SMEs should be tailored to YOUR needs. That is why Aya offers the only fully customizable SME solution. This may interest you : Tech Tip: Managed Services Insure Against Murphy’s Law. You can choose and choose a service design that is right for your organization’s specific culture, desired outcomes, business and financial goals.
Is Aya Healthcare part of AMN? Aya signed an associate vendor contract with AMN in 2010 and began providing travel nurses to AMN clients.
Who owns Aya Healthcare?
Alan Braynin – CEO – Aya Healthcare | LinkedIn. On the same subject : Syntax Taps Oracle Cloud Infrastructure as Strategic Platform for Multicloud Managed Services.
Who is Alan braynin?
Alan Braynin serves as CEO / President of Aya Healthcare.
Who is Aya owned by?
Braynin, founder and CEO of Aya Healthcare, graduated from UC San Diego in 1995 with a B.A. in political science.
Is Aya a vendor?
If you are a healthcare institution that quickly needs a large supply of quality staff, the Aya Partner Network is the best experience of a network of suppliers in the industry. Read also : Top Managed IT Services Provider in Los Angeles 2022.
Is Aya Healthcare private?
Aya Healthcare is the largest private provider of nursing and workforce solutions in the United States.
What type of company is Aya Healthcare?
Details. Aya Healthcare is a leading provider of healthcare staff, serving over 1,400 healthcare facilities in the United States.
Is Aya Healthcare a public company?
The private company now has about 1,000 employees.
What is managed services vs professional services?
Managed and professional IT services are essential for doing business in today’s world. Managed IT services involve non-stop management and maintenance of IT solutions, while professional IT services involve a one-time project.
What is the difference between managed services and support? While software support is always triggered by a report or incident, managed services are usually ongoing, proactively planned activities performed by a dedicated team of Level 2 and Level 3 engineers.
What is the difference between consulting and professional services?
Professional services and consulting are related to providing expertise to a client or customer. Many types of consultants are considered to be in the professional services industry. For example, marketing consultants and IT consultants can be grouped under the broader umbrella of professional services.
Is a consultant a professional?
A consultant (from the Latin: consultare “intend”) is a professional (also known as an expert, specialist, see variations of meaning below) who gives advice and further purposeful activities in the field of specialization.
What are examples of professional services?
Some examples of professional services include:
- Legal services.
- Logistics.
- Accounting and bookkeeping.
- Project management.
- Marketing consulting, including:
- Digital marketing.
- Content marketing.
- Event management.
What is defined as professional services?
A professional service is an intangible product that a contractor or retailer sells to help a customer manage a specific part of their business.
What are non professional services?
Related definitions Non-professional service contract means a service contract where the service provided is not a solution to the problem and does not involve professionals. Examples include janitors, logging, equipment rental, catering, security, water supply, firefighting.
What does professional services mean in business?
Professional services are non-physical products or services that individuals or companies provide to customers to help them manage or improve a particular area of their business. For example, an acting coach who offers classes to actors could be a professional service.
What is the meaning of managed services?
Managed services are the practice of delegating responsibility for maintaining and anticipating the need for a range of processes and functions, supposedly for the purpose of improving operations and reducing budget expenditures through the reduction of directly employed staff.
What does a managed services company do?
A managed service provider (SME) delivers services, such as network, application, infrastructure, and security, through ongoing and regular support and active administration at users’ premises, in their SME data center (hosting), or in a third-party data center.
What is another term for managed services?
What are Managed IT Services? Managed IT services or externalized IT service is a third party service that provides infrastructure, IT and other technical support to organizations. You may also hear this type of company called SME, abbreviated to managed service provider.
What is included in managed services?
What is involved in managed services?
- Help Desk. Remote help on call whenever you need it with guaranteed response time. …
- Proactive support. Regular hardware evaluation. …
- Monitoring and maintenance. …
- Customer management. …
- Security and compliance. …
- Backups and disaster recovery.
What is the meaning of fully managed services? Managed and automated – Fully managed means you don’t have to install any machines, management, patches, backup is mostly taken care of by you.
What are managed services examples?
Examples of managed service providers Key services offered by SMEs include data center management, network management, mobility management, infrastructure management, backup and recovery management, communications management and security management.
What is a managed services model?
The managed services model is a special type of outsourcing that covers all IT functions. This is also known as the full externalization model. In the managed services model, the provider takes all the technological decisions. However, these decisions must be within the parameters set by the business.
What is a managed service program?
The Managed Services Program (SME) is a service in which the engagement of external associates assumes primary responsibility for managing the procurement, engagement, and administration of temporary, contract, and other temporary workers.
What is managed service provider examples?
Examples of Managed Service Providers Key players in the managed services market include Accenture, Fujitsu, IBM, Cisco Systems, Ericsson, Lenovo, DXC, and Hewlett Packard Enterprise Development, according to Grand View Research.
What is a managed service provider? A managed service provider (SME) delivers services, such as network, application, infrastructure, and security, through ongoing and regular support and active administration at users’ premises, in their SME data center (hosting), or in a third-party data center.
What is a managed service provider in healthcare?
A managed service provider (also known as an SME) is a company that manages an organization’s contingent or temporary workforce. Simply put, managed service providers are responsible for managing all tasks and responsibilities related to external temporary staff for an institution, hospital, or health care system.
Why managed service provider is needed?
SMEs will provide support and services as needed to address sudden growth spurts or new IT problems. Because scalable solutions can accommodate rapid change, they also help firms stay productive, improve system availability, and eliminate harmful downtime.
What is an example of a managed service provider?
Key players in the managed services market include Accenture, Fujitsu, IBM, Cisco Systems, Ericsson, Lenovo, DXC and Hewlett Packard Enterprise Development, according to Grand View Research.
What is an MSP in staffing?
Managed Service Provider (SME) is a contingent and / or business management solution implemented by an external organization that combines processes, personal expertise and technology to support the organization’s performance, temporary, temporary engagement, direct engagement, independent contractor administration, Statement of Work. ..
What is an SME workforce? A managed services program (SME) is a form of business process outsourcing (BPO) that offers efficient and effective means of outsourcing your organization’s contingent workforce management. Following a partnership with an SME supplier, a well-designed program can oversee a comprehensive life cycle of unforeseen circumstances.
What is an MSP in recruitment?
The Managed Services Program (SME) consists of outsourcing business recruitment that takes responsibility for resource management, engagement, and administration of the contingent workforce.
What is an MSP example?
Examples of managed service providers Key services offered by SMEs include data center management, network management, mobility management, infrastructure management, backup and recovery management, communications management and security management.
What are MSP positions?
SMEs are basically IT outsourcing. For example, you own a company and don’t want or don’t need an internal IT department, so hire an SME to handle it. They can also act as consultants. They usually deal with everything from desktop support to building and maintaining your network.
What is an MSP example?
Examples of managed service providers Key services offered by SMEs include data center management, network management, mobility management, infrastructure management, backup and recovery management, communications management and security management.
How does an MSP work?
How does an SME work? Basically, an SME works by taking over other companies as clients. These companies, which are mostly small and medium enterprises, do not have their own IT staff. SMEs fill the gap in their infrastructure by maintaining and servicing the information systems of these companies.
What is an MSP model?
A managed service provider (SME) offers a computer framework platform for organizations to remotely manage their customers’ IT infrastructure. Services can also be extended to end-user systems management, basically on a proactive basis or according to a subscription model.