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Managed Services Market [Managed Data Center, Managed Network, Managed Information, Managed Mobility, Managed Infrastructure, Managed Communications, Managed Security] - Global Advancements, Market Forecasts and Analysis (2013

Press release   •   Jul 18, 2016 12:45 EDT

Managed Services are skilled outsourcing functions that transfer in-house functionalities to be managed by third party managed service provider (MSP). The services available in managed services market can include the outsourcing the Production Support activities, HR-activities, lifecycle management activities, maintenance and support activities, IT resource and many more activities. Such outsourced services enable organizations to bring in competences that they lack or to replace functions or processes that incurred huge recurring costs. Services reduce the recurring in-house IT costs by 30-40% and bring about 50-60% increase in efficiency.

The domain managed services market is broadly classified into Application Service Providers (ASP) and Managed Service Providers (MSP). The Application Service providers are vendors of advanced telecommunication equipments and providers of value added managed services. The providers are partners to ASP and comprise of Independent Software Vendors (ISV), Telcos, VAR and System Integrators. The MSP take the main responsibility of providing functionalities, such as support, billing and other business processes to customers. While most industry MSP offer vendor specific services, there is an increasing demand for expertise in vendor-neutral services. Most top vendors in this domain offer a vendor neutral services as well as cater to customer's specific vendor requirements.

Managed services market is witnessing accelerated growth in recent years due to the advancements in cloud computing, big data and mobility services. The research study also aims at elaborating on the aspects, issues and trends governing the repurposing of global manufacturing facilities into mega datacenters. Managed Service market comprises of Networks, software, services and solutions, enterprise sub segments. In 2013, Networks sub segment accounts for the highest market share followed by enterprise sub segment.

The Y-o-Y growth rates of 3D Mapping will be on the higher side throughout the forecast period. Few high growth markets are -
1. Managed Data Center: Supporting mechanisms necessary for the proper operation of a repository for storage, co-location and hosting facilities.
2. Managed Network: All the solutions and services that enable enterprises to outsource their IP based communication network.
3. Managed Mobility: The outsourced services for all types of mobile devices.

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Managed Mobility: The outsourced services for all types of mobile devices.
4. Managed Infrastructure: All the solutions and services that enable enterprises to outsource their enterprise infrastructure requirements.
5. Managed Communications: Enable end-users avail a superior fleet of communications technology.

Majority of the challenges in managed services market are Doubts in Efficacy of the models like Managed Services Model, Concerns over Privacy and Security, Recurring Expenditures, Need for Dedicated Skilled Manpower to sustain Services and many others. These challenges can be faced by deploying a model of technology for Managed Services.

There are various assumptions that we have taken into consideration for market sizing and forecasting exercise. Few of global assumptions include political, economic, social, technological and economic factors. For instance, exchange rates, one of the economic factors, are expected to have a moderate rating of impact on this market. Therefore, dollar fluctuations are expected to not seriously affect the forecasts in the emerging APAC regions.

The managed services market research report will help the market leaders/new entrants in this market in the following ways -

This report segments the market into devices and applications, covering this market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the sub-segments. The market numbers are further split across the different verticals and regions.
This report will help them better understand the competitor and gain more insights to better position their business. There is a separate section on competitive landscape, including competitor ecosystem, mergers and acquisition and venture capital funding. Besides, there are company profiles of 20 top players in this market. In this section, market internals are provided that can put them ahead of the competitors.
The managed services market research report helps them understand the pulse of the market. The report provides information on key market drivers, restraints, challenges, and opportunities..

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