The North America Managed Services Market would witness market growth of 6.9% CAGR during the forecast period (2021-2027).
The adoption of cutting-edge technologies like artificial intelligence (AI), cloud management, and others is assisting firms in meeting a variety of functional business requirements while also driving business process optimization. Managed services provide efficient functionality at low costs without sacrificing quality. Furthermore, managed services support and assure the reliability & consistency of services provided for various business operations.
Big data analytics has developed as a viable alternative to traditional approaches in the fields of consumer electronics, semiconductors, and the automotive sector, where producers must monitor various variables to make sure the quality of finished products. Because most small & medium industrial firms are primarily focused on hardware equipment and lack competence in software solutions, these big data analytic solutions are being outsourced. They can save even more money by outsourcing software services. During the projected period, the pattern of outsourcing additional software services, such as field service management and ERP, would enhance managed services
IBM Corporation, Accenture and Cognizant, among others, are among the MSPs that have helped to the regional market to prosper. Because of the increased use of these services among small & medium-sized businesses and the supply of considerable IT budgets, the United States controls the majority of the North American market. As a result, prominent industry participants are focusing on merger and acquisition tactics to avoid cyber security vulnerabilities. This opens up a lot of possibilities. Cisco Systems, Inc., for example, purchased Duo Security for USD 2.35 billion in October 2018 to avoid cyber security breaches. Cisco users will be able to connect any application on networked devices securely and easily as a result of this purchase. The US Army, Air Force, US Department of Justice (DOJ), and other government organizations in the region were early adopters of cloud technology, setting new patterns for other businesses and institutions to follow.
The US market dominated the North America Managed Services Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $91,422.4 million by 2027. The Canada market is estimated to witness a CAGR of 9.3% during (2021 - 2027). Additionally, The Mexico market would exhibit a CAGR of 8.4% during (2021 - 2027).
Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on Vertical, the market is segmented into BFSI, IT & Telecom, Healthcare, Retail & eCommerce, Government & Defense, Media & Entertainment, Manufacturing and Others. Based on Deployment Type, the market is segmented into On-premise and Hosted. Based on Type, the market is segmented into Managed Data Center & IT Infrastructure, Managed Network & Communication Services, Managed Mobility Services, Managed Information Services, Managed Security Services, and Others. Based on Managed Information Service Type, the market is segmented into Business Process Outsourcing (BPO), Business Support Systems, Project & Portfolio Management and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Managed Services Market is Estimated to reach $372.8 Billion by 2027, at a CAGR of 7.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Atos Group, Accenture PLC, Fujitsu Limited, Cisco Systems, Inc., DXC Technology Company, Tata Consultancy Services Ltd., Rackspace Technology, Inc., AT&T, Inc., and Verizon Communications, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By Vertical
- BFSI
- IT & Telecom
- Healthcare
- Retail & eCommerce
- Government & Defense
- Media & Entertainment
- Manufacturing
- Others
By Deployment Type
By Type
- Managed Data Center & IT Infrastructure
- Managed Network & Communication Services
- Managed Mobility Services
- Managed Information Services
- Business Process Outsourcing (BPO)
- Business Support Systems
- Project & Portfolio Management
- Others
- Managed Security Services
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Atos Group
- Accenture PLC
- Fujitsu Limited
- Cisco Systems, Inc.
- DXC Technology Company
- Tata Consultancy Services Ltd.
- Rackspace Technology, Inc.
- AT&T, Inc.
- Verizon Communications, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Managed Services Market, by Enterprise Size
1.4.2 North America Managed Services Market, by Vertical
1.4.3 North America Managed Services Market, by Deployment Type
1.4.4 North America Managed Services Market, by Type
1.4.5 North America Managed Services Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2018,Feb – 2022, Mar) Leading Players
Chapter 4. North America Managed Services Market by Enterprise Size
4.1 North America Large Enterprises Market by Country
4.2 North America Small & Medium Enterprises (SMEs) Market by Country
Chapter 5. North America Managed Services Market by Vertical
5.1 North America BFSI Market by Country
5.2 North America IT & Telecom Market by Country
5.3 North America Healthcare Market by Country
5.4 North America Retail & eCommerce Market by Country
5.5 North America Government & Defense Market by Country
5.6 North America Media & Entertainment Market by Country
5.7 North America Manufacturing Market by Country
5.8 North America Others Market by Country
Chapter 6. North America Managed Services Market by Deployment Type
6.1 North America On-premise Market by Country
6.2 North America Hosted Market by Country
Chapter 7. North America Managed Services Market by Type
7.1 North America Managed Data Center & IT Infrastructure Market by Country
7.2 North America Managed Network & Communication Services Market by Country
7.3 North America Managed Mobility Services Market by Country
7.4 North America Managed Information Services Market by Country
7.5 North America Managed Services Market by Managed Information Services Type
7.5.1 North America Business Process Outsourcing (BPO) Market by Country
7.5.2 North America Business Support Systems Market by Country
7.5.3 North America Project & Portfolio Management Market by Country
7.5.4 North America Others Market by Country
7.6 North America Managed Security Services Market by Country
7.7 North America Others Market by Country
Chapter 8. North America Managed Services Market by Country
8.1 US Managed Services Market
8.1.1 US Managed Services Market by Enterprise Size
8.1.2 US Managed Services Market by Vertical
8.1.3 US Managed Services Market by Deployment Type
8.1.4 US Managed Services Market by Type
8.1.4.1 US Managed Services Market by Managed Information Services Type
8.2 Canada Managed Services Market
8.2.1 Canada Managed Services Market by Enterprise Size
8.2.2 Canada Managed Services Market by Vertical
8.2.3 Canada Managed Services Market by Deployment Type
8.2.4 Canada Managed Services Market by Type
8.2.4.1 Canada Managed Services Market by Managed Information Services Type
8.3 Mexico Managed Services Market
8.3.1 Mexico Managed Services Market by Enterprise Size
8.3.2 Mexico Managed Services Market by Vertical
8.3.3 Mexico Managed Services Market by Deployment Type
8.3.4 Mexico Managed Services Market by Type
8.3.4.1 Mexico Managed Services Market by Managed Information Services Type
8.4 Rest of North America Managed Services Market
8.4.1 Rest of North America Managed Services Market by Enterprise Size
8.4.2 Rest of North America Managed Services Market by Vertical
8.4.3 Rest of North America Managed Services Market by Deployment Type
8.4.4 Rest of North America Managed Services Market by Type
8.4.4.1 Rest of North America Managed Services Market by Managed Information Services Type
Chapter 9. Company Profiles
9.1 IBM Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional & Segmental Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent Strategies and Developments
9.1.5.1 Partnerships, Collaborations, and Agreement:
9.1.5.2 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Atos Group
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental Analysis
9.2.4 Recent Strategies and Developments
9.2.4.1 Partnerships, Collaborations, and Agreement:
9.2.4.2 Acquisitions and Mergers:
9.2.4.3 Product Launches and Product Expansions:
9.2.5 SWOT Analysis
9.3 Accenture PLC
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent Strategies and Developments
9.3.5.1 Partnerships, Collaborations, and Agreement:
9.3.5.2 Acquisitions and Mergers:
9.3.6 SWOT Analysis
9.4 Fujitsu Limited
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent Strategies and Developments
9.4.5.1 Acquisitions and Mergers:
9.4.6 SWOT Analysis
9.5 Cisco Systems, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent Strategies and Developments
9.5.5.1 Partnerships, Collaborations, and Agreement:
9.5.5.2 Product Launches and Product Expansions:
9.6 DXC Technology Company
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.7 Tata Consultancy Services Ltd.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 SWOT Analysis
9.8 Rackspace Technology, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional & Segmental Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent Strategies and Developments
9.8.5.1 Partnerships, Collaborations, and Agreement:
9.9 AT&T, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent Strategies and Developments
9.9.5.1 Product Launches and Product Expansions:
9.9.6 SWOT Analysis
9.10. Verizon Communications, Inc.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental Analysis
9.10.4 Recent Strategies and Developments
9.10.4.1 Partnerships, Collaborations, and Agreement:
9.10.4.2 Product Launches and Product Expansions:
TABLE 1 North America Managed Services Market, 2017 - 2020, USD Million
TABLE 2 North America Managed Services Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Managed Services Market
TABLE 4 Product Launches And Product Expansions– Managed Services Market
TABLE 5 Acquisition and Mergers– Managed Services Market
TABLE 6 North America Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 7 North America Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 8 North America Large Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 9 North America Large Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 10 North America Small & Medium Enterprises (SMEs) Market by Country, 2017 - 2020, USD Million
TABLE 11 North America Small & Medium Enterprises (SMEs) Market by Country, 2021 - 2027, USD Million
TABLE 12 North America Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 13 North America Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 14 North America BFSI Market by Country, 2017 - 2020, USD Million
TABLE 15 North America BFSI Market by Country, 2021 - 2027, USD Million
TABLE 16 North America IT & Telecom Market by Country, 2017 - 2020, USD Million
TABLE 17 North America IT & Telecom Market by Country, 2021 - 2027, USD Million
TABLE 18 North America Healthcare Market by Country, 2017 - 2020, USD Million
TABLE 19 North America Healthcare Market by Country, 2021 - 2027, USD Million
TABLE 20 North America Retail & eCommerce Market by Country, 2017 - 2020, USD Million
TABLE 21 North America Retail & eCommerce Market by Country, 2021 - 2027, USD Million
TABLE 22 North America Government & Defense Market by Country, 2017 - 2020, USD Million
TABLE 23 North America Government & Defense Market by Country, 2021 - 2027, USD Million
TABLE 24 North America Media & Entertainment Market by Country, 2017 - 2020, USD Million
TABLE 25 North America Media & Entertainment Market by Country, 2021 - 2027, USD Million
TABLE 26 North America Manufacturing Market by Country, 2017 - 2020, USD Million
TABLE 27 North America Manufacturing Market by Country, 2021 - 2027, USD Million
TABLE 28 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 29 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 30 North America Managed Services Market by Deployment Type, 2017 - 2020, USD Million
TABLE 31 North America Managed Services Market by Deployment Type, 2021 - 2027, USD Million
TABLE 32 North America On-premise Market by Country, 2017 - 2020, USD Million
TABLE 33 North America On-premise Market by Country, 2021 - 2027, USD Million
TABLE 34 North America Hosted Market by Country, 2017 - 2020, USD Million
TABLE 35 North America Hosted Market by Country, 2021 - 2027, USD Million
TABLE 36 North America Managed Services Market by Type, 2017 - 2020, USD Million
TABLE 37 North America Managed Services Market by Type, 2021 - 2027, USD Million
TABLE 38 North America Managed Data Center & IT Infrastructure Market by Country, 2017 - 2020, USD Million
TABLE 39 North America Managed Data Center & IT Infrastructure Market by Country, 2021 - 2027, USD Million
TABLE 40 North America Managed Network & Communication Services Market by Country, 2017 - 2020, USD Million
TABLE 41 North America Managed Network & Communication Services Market by Country, 2021 - 2027, USD Million
TABLE 42 North America Managed Mobility Services Market by Country, 2017 - 2020, USD Million
TABLE 43 North America Managed Mobility Services Market by Country, 2021 - 2027, USD Million
TABLE 44 North America Managed Information Services Market by Country, 2017 - 2020, USD Million
TABLE 45 North America Managed Information Services Market by Country, 2021 - 2027, USD Million
TABLE 46 North America Managed Services Market by Managed Information Services Type, 2017 - 2020, USD Million
TABLE 47 North America Managed Services Market by Managed Information Services Type, 2021 - 2027, USD Million
TABLE 48 North America Business Process Outsourcing (BPO) Market by Country, 2017 - 2020, USD Million
TABLE 49 North America Business Process Outsourcing (BPO) Market by Country, 2021 - 2027, USD Million
TABLE 50 North America Business Support Systems Market by Country, 2017 - 2020, USD Million
TABLE 51 North America Business Support Systems Market by Country, 2021 - 2027, USD Million
TABLE 52 North America Project & Portfolio Management Market by Country, 2017 - 2020, USD Million
TABLE 53 North America Project & Portfolio Management Market by Country, 2021 - 2027, USD Million
TABLE 54 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 55 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 56 North America Managed Security Services Market by Country, 2017 - 2020, USD Million
TABLE 57 North America Managed Security Services Market by Country, 2021 - 2027, USD Million
TABLE 58 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 59 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 60 North America Managed Services Market by Country, 2017 - 2020, USD Million
TABLE 61 North America Managed Services Market by Country, 2021 - 2027, USD Million
TABLE 62 US Managed Services Market, 2017 - 2020, USD Million
TABLE 63 US Managed Services Market, 2021 - 2027, USD Million
TABLE 64 US Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 65 US Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 66 US Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 67 US Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 68 US Managed Services Market by Deployment Type, 2017 - 2020, USD Million
TABLE 69 US Managed Services Market by Deployment Type, 2021 - 2027, USD Million
TABLE 70 US Managed Services Market by Type, 2017 - 2020, USD Million
TABLE 71 US Managed Services Market by Type, 2021 - 2027, USD Million
TABLE 72 US Managed Services Market by Managed Information Services Type, 2017 - 2020, USD Million
TABLE 73 US Managed Services Market by Managed Information Services Type, 2021 - 2027, USD Million
TABLE 74 Canada Managed Services Market, 2017 - 2020, USD Million
TABLE 75 Canada Managed Services Market, 2021 - 2027, USD Million
TABLE 76 Canada Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 77 Canada Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 78 Canada Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 79 Canada Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 80 Canada Managed Services Market by Deployment Type, 2017 - 2020, USD Million
TABLE 81 Canada Managed Services Market by Deployment Type, 2021 - 2027, USD Million
TABLE 82 Canada Managed Services Market by Type, 2017 - 2020, USD Million
TABLE 83 Canada Managed Services Market by Type, 2021 - 2027, USD Million
TABLE 84 Canada Managed Services Market by Managed Information Services Type, 2017 - 2020, USD Million
TABLE 85 Canada Managed Services Market by Managed Information Services Type, 2021 - 2027, USD Million
TABLE 86 Mexico Managed Services Market, 2017 - 2020, USD Million
TABLE 87 Mexico Managed Services Market, 2021 - 2027, USD Million
TABLE 88 Mexico Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 89 Mexico Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 90 Mexico Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 91 Mexico Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 92 Mexico Managed Services Market by Deployment Type, 2017 - 2020, USD Million
TABLE 93 Mexico Managed Services Market by Deployment Type, 2021 - 2027, USD Million
TABLE 94 Mexico Managed Services Market by Type, 2017 - 2020, USD Million
TABLE 95 Mexico Managed Services Market by Type, 2021 - 2027, USD Million
TABLE 96 Mexico Managed Services Market by Managed Information Services Type, 2017 - 2020, USD Million
TABLE 97 Mexico Managed Services Market by Managed Information Services Type, 2021 - 2027, USD Million
TABLE 98 Rest of North America Managed Services Market, 2017 - 2020, USD Million
TABLE 99 Rest of North America Managed Services Market, 2021 - 2027, USD Million
TABLE 100 Rest of North America Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 101 Rest of North America Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 102 Rest of North America Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 103 Rest of North America Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 104 Rest of North America Managed Services Market by Deployment Type, 2017 - 2020, USD Million
TABLE 105 Rest of North America Managed Services Market by Deployment Type, 2021 - 2027, USD Million
TABLE 106 Rest of North America Managed Services Market by Type, 2017 - 2020, USD Million
TABLE 107 Rest of North America Managed Services Market by Type, 2021 - 2027, USD Million
TABLE 108 Rest of North America Managed Services Market by Managed Information Services Type, 2017 - 2020, USD Million
TABLE 109 Rest of North America Managed Services Market by Managed Information Services Type, 2021 - 2027, USD Million
TABLE 110 Key information – IBM Corporation
TABLE 111 key information – Atos Group
TABLE 112 Key information – Accenture PLC
TABLE 113 Key Information – Fujitsu Limited
TABLE 114 Key Information – Cisco Systems, Inc.
TABLE 115 key information – DXC Technology Company
TABLE 116 Key Information – Tata Consultancy Services Ltd.
TABLE 117 Key information – Rackspace Technology, Inc.
TABLE 118 Key Information – AT&T, Inc.
TABLE 119 key information – Verizon Communications, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2018,Feb – 2022, Mar) Leading Players
FIG 5 Recent Strategies and Developments: IBM Corporation
FIG 6 Swot analysis: IBM Corporation
FIG 7 Recent Strategies and Developments: Atos Group
FIG 8 SWOT Analysis: Atos Group
FIG 9 Recent Strategies and Developments: Accenture PLC
FIG 10 Swot analysis: Accenture plc
FIG 11 SWOT Analysis: Fujitsu Limited
FIG 12 Recent Strategies and Developments: Cisco Systems, Inc.
FIG 13 SWOT Analysis: Tata Consultancy Services Ltd.
FIG 14 SWOT Analysis: AT&T, Inc.
FIG 15 Recent Strategies and Developments: Verizon Communications, Inc.