Global Managed Application Services Market Size 2022-2027

Byimarcsuraj

IMARC Group has recently released a new research study “Managed Application Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

What Are The Growth Prospects Of The Managed Application Services Industry?

The global managed application services market size reached US$ 10.78 Billion in 2021. looking forward, imarc group expects the market to reach a value of US$ 23.86 Billion on by 2027, exhibiting a growth rate (CAGR) of 13.50% during 2022-2027.

What is a Managed Application Services?

Managed application services range from technical support to cloud migration that aids in keeping the application highly available and relevant for evolving business needs. They also assist in enhancing security, encouraging human resources savings, minimizing outage risks, reducing capital and operational costs, and monitoring, maintaining, and optimizing capacity and security. As a result, organizations from different sector verticals across the globe are integrating managed application services to run cloud deployment smoothly and deliver cost savings.

Request For Sample Report : https://www.imarcgroup.com/managed-application-services-market/requestsample

What Are The Key Factors Driving In The Managed Application Services Market?

The elevating need for reliable application services for secure, fast, and optimal enterprise applications performance and maintaining competitive advantage, on account of the expanding business and the increasing complexity of information technology (IT) infrastructure, is among the key factors stimulating the managed application services market. Moreover,  the rising focus of enterprises for using these services to reduce costs and optimize operations is acting as another significant growth-inducing factor.

Besides this, the inflating usage of remote managed services that provide minimal administrative overhead with maximum uptime by small and medium-sized enterprises (SMEs), as regulatory, data, and system requirements prohibit the use of off-site solutions is positively influencing the global market. Furthermore, the growing utilization of these services to meet the demand for implementation, optimization, maintenance, performance improvement, and quality initiatives of health firms is also propelling the market growth. Apart from this, the increasing digitization of healthcare infrastructures and the escalating demand for telehealth and remote patient services are further fueling the global market. Additionally, numerous service providers are providing customizable solutions to support custom web applications critical for the everyday operations of organizations is anticipated to drive the managed application services market over the forecasted period.

Who Are The Key Players/Companies In Managed Application Services Market?

BMC Software Inc., DXC Technology, Fujitsu Limited, HCL Technologies Limited (HCL Enterprise), International Business Machines Corporation, Lumen Technologies Inc., Mindtree Ltd. (Larsen & Toubro Ltd.), NaviSite Inc., Rackspace Technology Inc., Unisys Corporation, Virtustream (Dell Technologies Inc.) and Wipro Limited.

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Service:

  • Operational Services
  • Application Service Desk
  • Application Hosting
  • Application Security and Disaster Recovery
  • Application Infrastructure

Breakup by Organization Size:

  • Small and Medium-sized Enterprises (SMEs)
  • Large Enterprises

Breakup by Application:

  • Web-Based Applications
  • Mobile Applications

Breakup by Industry Vertical:

  • BFSI
  • Telecom and IT
  • Government
  • Healthcare
  • Retail
  • Energy and Utilities
  • Others

By Geography:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Ask An Analyst- https://www.imarcgroup.com/request?type=report&id=5842&flag=C

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Services Private Limited.

30 N Gould St Ste R

Sheridan, WY 82801 USA – Wyoming

Email: Sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas:- +1 631 791 1145 |

 Africa and Europe :- +44-702-409-7331 |

 Asia: +91-120-433-0800, +91-120-433-0800