The Asia Pacific Managed Services Market would witness market growth of 8.4% CAGR during the forecast period (2021-2027).
On customers' premises, in their MSP's data center (hosting), or a third-party data center, a managed service provider (MSP) provides services like network, application, infrastructure, and security through continuing and regular maintenance and active administration. MSPs might offer their native services alongside those of other providers (for instance, a security MSP providing sys admin on top of a third-party cloud IaaS). Pure-play MSPs specialize in a single vendor or technology, which is generally their core service. Many managed service providers (MSPs) provide services from a number of vendors. The term MSP was originally used to refer to infrastructure or device-centric services, but it has now been expanded to include any form of ongoing management, support, and maintenance.
Every business entails some level of risk. This can be mitigated by lowering the individual risk involved with each key business service. By offering their proprietary processes as well as access to contemporary infrastructure and software, an MSP may assist lower the risk. This ensures that best practices are followed and that the risk of service delivery is minimized.
As a growing number of organizations develop formal strategies to assist their efforts, digital transformation has become a key priority in the country and is moving at a fast rate. China's State Council issued a proposal in January 2021 to help the digital economy thrive during the 14th Five-Year Plan period (2021-2025). China's digital transformation of industries would reach a new level by 2025, as per the strategy, with digital public services becoming more inclusive as well as the digital economy governance framework improving noticeably.
By keeping up with current technology, managed service providers in China are focusing on decreasing security risks and streamlining operations for end-users. The managed services sector is dominated by the country's telecommunications firms. To acquire market share, these firms are also strategically purchasing companies that provide managed services.
The China market dominated the Asia Pacific Managed Services Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $30,915.8 million by 2027. The Japan market is anticipated to grow at a CAGR of 7.7% during (2021 - 2027). Additionally, The India market would display a CAGR of 9.1% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Managed Services Market is Projected to reach USD 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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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.
TABLE 1 Asia Pacific Managed Services Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific 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 Asia Pacific Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 7 Asia Pacific Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 8 Asia Pacific Large Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 9 Asia Pacific Large Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 10 Asia Pacific Small & Medium Enterprises (SMEs) Market by Country, 2017 - 2020, USD Million
TABLE 11 Asia Pacific Small & Medium Enterprises (SMEs) Market by Country, 2021 - 2027, USD Million
TABLE 12 Asia Pacific Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 13 Asia Pacific Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 14 Asia Pacific BFSI Market by Country, 2017 - 2020, USD Million
TABLE 15 Asia Pacific BFSI Market by Country, 2021 - 2027, USD Million
TABLE 16 Asia Pacific IT & Telecom Market by Country, 2017 - 2020, USD Million
TABLE 17 Asia Pacific IT & Telecom Market by Country, 2021 - 2027, USD Million
TABLE 18 Asia Pacific Healthcare Market by Country, 2017 - 2020, USD Million
TABLE 19 Asia Pacific Healthcare Market by Country, 2021 - 2027, USD Million
TABLE 20 Asia Pacific Retail & eCommerce Market by Country, 2017 - 2020, USD Million
TABLE 21 Asia Pacific Retail & eCommerce Market by Country, 2021 - 2027, USD Million
TABLE 22 Asia Pacific Government & Defense Market by Country, 2017 - 2020, USD Million
TABLE 23 Asia Pacific Government & Defense Market by Country, 2021 - 2027, USD Million
TABLE 24 Asia Pacific Media & Entertainment Market by Country, 2017 - 2020, USD Million
TABLE 25 Asia Pacific Media & Entertainment Market by Country, 2021 - 2027, USD Million
TABLE 26 Asia Pacific Manufacturing Market by Country, 2017 - 2020, USD Million
TABLE 27 Asia Pacific Manufacturing Market by Country, 2021 - 2027, USD Million
TABLE 28 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 29 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 30 Asia Pacific Managed Services Market by Deployment Type, 2017 - 2020, USD Million
TABLE 31 Asia Pacific Managed Services Market by Deployment Type, 2021 - 2027, USD Million
TABLE 32 Asia Pacific On-premise Market by Country, 2017 - 2020, USD Million
TABLE 33 Asia Pacific On-premise Market by Country, 2021 - 2027, USD Million
TABLE 34 Asia Pacific Hosted Market by Country, 2017 - 2020, USD Million
TABLE 35 Asia Pacific Hosted Market by Country, 2021 - 2027, USD Million
TABLE 36 Asia Pacific Managed Services Market by Type, 2017 - 2020, USD Million
TABLE 37 Asia Pacific Managed Services Market by Type, 2021 - 2027, USD Million
TABLE 38 Asia Pacific Managed Data Center & IT Infrastructure Market by Country, 2017 - 2020, USD Million
TABLE 39 Asia Pacific Managed Data Center & IT Infrastructure Market by Country, 2021 - 2027, USD Million
TABLE 40 Asia Pacific Managed Network & Communication Services Market by Country, 2017 - 2020, USD Million
TABLE 41 Asia Pacific Managed Network & Communication Services Market by Country, 2021 - 2027, USD Million
TABLE 42 Asia Pacific Managed Mobility Services Market by Country, 2017 - 2020, USD Million
TABLE 43 Asia Pacific Managed Mobility Services Market by Country, 2021 - 2027, USD Million
TABLE 44 Asia Pacific Managed Information Services Market by Country, 2017 - 2020, USD Million
TABLE 45 Asia Pacific Managed Information Services Market by Country, 2021 - 2027, USD Million
TABLE 46 Asia Pacific Managed Services Market by Managed Information Services Type, 2017 - 2020, USD Million
TABLE 47 Asia Pacific Managed Services Market by Managed Information Services Type, 2021 - 2027, USD Million
TABLE 48 Asia Pacific Business Process Outsourcing (BPO) Market by Country, 2017 - 2020, USD Million
TABLE 49 Asia Pacific Business Process Outsourcing (BPO) Market by Country, 2021 - 2027, USD Million
TABLE 50 Asia Pacific Business Support Systems Market by Country, 2017 - 2020, USD Million
TABLE 51 Asia Pacific Business Support Systems Market by Country, 2021 - 2027, USD Million
TABLE 52 Asia Pacific Project & Portfolio Management Market by Country, 2017 - 2020, USD Million
TABLE 53 Asia Pacific Project & Portfolio Management Market by Country, 2021 - 2027, USD Million
TABLE 54 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 55 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 56 Asia Pacific Managed Security Services Market by Country, 2017 - 2020, USD Million
TABLE 57 Asia Pacific Managed Security Services Market by Country, 2021 - 2027, USD Million
TABLE 58 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 59 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 60 Asia Pacific Managed Services Market by Country, 2017 - 2020, USD Million
TABLE 61 Asia Pacific Managed Services Market by Country, 2021 - 2027, USD Million
TABLE 62 China Managed Services Market, 2017 - 2020, USD Million
TABLE 63 China Managed Services Market, 2021 - 2027, USD Million
TABLE 64 China Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 65 China Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 66 China Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 67 China Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 68 China Managed Services Market by Deployment Type, 2017 - 2020, USD Million
TABLE 69 China Managed Services Market by Deployment Type, 2021 - 2027, USD Million
TABLE 70 China Managed Services Market by Type, 2017 - 2020, USD Million
TABLE 71 China Managed Services Market by Type, 2021 - 2027, USD Million
TABLE 72 China Managed Services Market by Managed Information Services Type, 2017 - 2020, USD Million
TABLE 73 China Managed Services Market by Managed Information Services Type, 2021 - 2027, USD Million
TABLE 74 Japan Managed Services Market, 2017 - 2020, USD Million
TABLE 75 Japan Managed Services Market, 2021 - 2027, USD Million
TABLE 76 Japan Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 77 Japan Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 78 Japan Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 79 Japan Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 80 Japan Managed Services Market by Deployment Type, 2017 - 2020, USD Million
TABLE 81 Japan Managed Services Market by Deployment Type, 2021 - 2027, USD Million
TABLE 82 Japan Managed Services Market by Type, 2017 - 2020, USD Million
TABLE 83 Japan Managed Services Market by Type, 2021 - 2027, USD Million
TABLE 84 Japan Managed Services Market by Managed Information Services Type, 2017 - 2020, USD Million
TABLE 85 Japan Managed Services Market by Managed Information Services Type, 2021 - 2027, USD Million
TABLE 86 India Managed Services Market, 2017 - 2020, USD Million
TABLE 87 India Managed Services Market, 2021 - 2027, USD Million
TABLE 88 India Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 89 India Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 90 India Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 91 India Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 92 India Managed Services Market by Deployment Type, 2017 - 2020, USD Million
TABLE 93 India Managed Services Market by Deployment Type, 2021 - 2027, USD Million
TABLE 94 India Managed Services Market by Type, 2017 - 2020, USD Million
TABLE 95 India Managed Services Market by Type, 2021 - 2027, USD Million
TABLE 96 India Managed Services Market by Managed Information Services Type, 2017 - 2020, USD Million
TABLE 97 India Managed Services Market by Managed Information Services Type, 2021 - 2027, USD Million
TABLE 98 South Korea Managed Services Market, 2017 - 2020, USD Million
TABLE 99 South Korea Managed Services Market, 2021 - 2027, USD Million
TABLE 100 South Korea Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 101 South Korea Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 102 South Korea Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 103 South Korea Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 104 South Korea Managed Services Market by Deployment Type, 2017 - 2020, USD Million
TABLE 105 South Korea Managed Services Market by Deployment Type, 2021 - 2027, USD Million
TABLE 106 South Korea Managed Services Market by Type, 2017 - 2020, USD Million
TABLE 107 South Korea Managed Services Market by Type, 2021 - 2027, USD Million
TABLE 108 South Korea Managed Services Market by Managed Information Services Type, 2017 - 2020, USD Million
TABLE 109 South Korea Managed Services Market by Managed Information Services Type, 2021 - 2027, USD Million
TABLE 110 Singapore Managed Services Market, 2017 - 2020, USD Million
TABLE 111 Singapore Managed Services Market, 2021 - 2027, USD Million
TABLE 112 Singapore Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 113 Singapore Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 114 Singapore Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 115 Singapore Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 116 Singapore Managed Services Market by Deployment Type, 2017 - 2020, USD Million
TABLE 117 Singapore Managed Services Market by Deployment Type, 2021 - 2027, USD Million
TABLE 118 Singapore Managed Services Market by Type, 2017 - 2020, USD Million
TABLE 119 Singapore Managed Services Market by Type, 2021 - 2027, USD Million
TABLE 120 Singapore Managed Services Market by Managed Information Services Type, 2017 - 2020, USD Million
TABLE 121 Singapore Managed Services Market by Managed Information Services Type, 2021 - 2027, USD Million
TABLE 122 Malaysia Managed Services Market, 2017 - 2020, USD Million
TABLE 123 Malaysia Managed Services Market, 2021 - 2027, USD Million
TABLE 124 Malaysia Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 125 Malaysia Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 126 Malaysia Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 127 Malaysia Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 128 Malaysia Managed Services Market by Deployment Type, 2017 - 2020, USD Million
TABLE 129 Malaysia Managed Services Market by Deployment Type, 2021 - 2027, USD Million
TABLE 130 Malaysia Managed Services Market by Type, 2017 - 2020, USD Million
TABLE 131 Malaysia Managed Services Market by Type, 2021 - 2027, USD Million
TABLE 132 Malaysia Managed Services Market by Managed Information Services Type, 2017 - 2020, USD Million
TABLE 133 Malaysia Managed Services Market by Managed Information Services Type, 2021 - 2027, USD Million
TABLE 134 Rest of Asia Pacific Managed Services Market, 2017 - 2020, USD Million
TABLE 135 Rest of Asia Pacific Managed Services Market, 2021 - 2027, USD Million
TABLE 136 Rest of Asia Pacific Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 137 Rest of Asia Pacific Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 138 Rest of Asia Pacific Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 139 Rest of Asia Pacific Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 140 Rest of Asia Pacific Managed Services Market by Deployment Type, 2017 - 2020, USD Million
TABLE 141 Rest of Asia Pacific Managed Services Market by Deployment Type, 2021 - 2027, USD Million
TABLE 142 Rest of Asia Pacific Managed Services Market by Type, 2017 - 2020, USD Million
TABLE 143 Rest of Asia Pacific Managed Services Market by Type, 2021 - 2027, USD Million
TABLE 144 Rest of Asia Pacific Managed Services Market by Managed Information Services Type, 2017 - 2020, USD Million
TABLE 145 Rest of Asia Pacific Managed Services Market by Managed Information Services Type, 2021 - 2027, USD Million
TABLE 146 Key information – IBM Corporation
TABLE 147 key information – Atos Group
TABLE 148 Key information – Accenture PLC
TABLE 149 Key Information – Fujitsu Limited
TABLE 150 Key Information – Cisco Systems, Inc.
TABLE 151 key information – DXC Technology Company
TABLE 152 Key Information – Tata Consultancy Services Ltd.
TABLE 153 Key information – Rackspace Technology, Inc.
TABLE 154 Key Information – AT&T, Inc.
TABLE 155 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.