Global and United States IT Managed Services Market Report & Forecast 2022-2028

IT Managed services are the practice of outsourcing the responsibility for maintaining, and anticipating need for, a range of processes and functions in order to improve operations and cut expenses. It is an alternative to the break/fix or on-demand outsourcing model where the service provider performs on-demand services and bills the customer only for the work done.
Market Analysis and Insights: Global and United States IT Managed Services Market
This report focuses on global and United States IT Managed Services market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global IT Managed Services market size is estimated to be worth US$ 244670 million in 2022 and is forecast to a readjusted size of US$ 399170 million by 2028 with a CAGR of 8.5% during the review period. Fully considering the economic change by this health crisis, by Type, Cloud-Based accounting for % of the IT Managed Services global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, BFSI was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
North America remains the biggest IT Managed Services market in the world, with a share of nearly 50 percent, followed by Europe with about 30%.
Global IT Managed Services Scope and Market Size
IT Managed Services market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global IT Managed Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the IT Managed Services market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Cloud-Based
On-Premise
Segment by Application
BFSI
Retail
Logistics
Healthcare and Lifesciences
Government
IT and Telecom
Other
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
IBM
Accenture
Cognizant
Rackspace
SAS Institute
Presidio
CenturyLink
Unisys
Sapiens International
Cisco
Marco Technologies
Jade Global
Dell EMC
DXC Technology