The Europe Managed Services Market would witness market growth of 7.0% CAGR during the forecast period (2021-2027).
Basic managed services have become commoditized, forcing managed service providers to distinguish their products. Managed security services are one common direction. Consumers are gradually asking their service providers for help with IT security. As a result, service providers are establishing managed security services practices or forming partnerships with security vendors to deliver cyber security services.
Managed IT services have developed to incorporate cloud services as a result of the introduction of cloud computing. For instance, service providers could specialize in infrastructure as a service (IaaS), offering managed public cloud services in collaboration with cloud providers like Google, Amazon Web Services (AWS), and Microsoft. Service providers may also promote managed platform as a service (PaaS) services or collaborate with software as a service (SaaS) companies like Salesforce in the CRM industry and Service in the service management market.
Clients who opt for a managed service benefit from higher performance and reduced downtime. Mission-critical applications may comprise numerous technologies, all of which must be fully functioning and integrated to provide the IT service that is anticipated. For the IT service to perform well for internal end-users, all component applications must be accessible together. A managed service provider (MSP) can guarantee optimum minimal service interruptions & uptime.
The European market is expanding due to the increased adoption of the cloud platform and increased demand for business data management. The region's major market participants are pursuing a variety of strategies. Deloitte, for example, announced Managed Threat and Managed Digital Identity Services in February 2017, intending to improve the digital transformation and cyber security posture of organizational assets in the region. Spending on cloud computing and information technology in Europe is aimed at digitalization in various countries. The adoption of a hybrid cloud is critical in the transition of industries to digitalization. Cloud infrastructure is continually being used to develop and implement new, cutting-edge projects and methods. To equip businesses with multichannel cloud strategies and match the continuously expanding digital environment, key firms in the region are actively investing in research & development operations.
The Germany market dominated the Europe Managed Services Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $24,059.8 million by 2027. The UK market is poised to grow at a CAGR of 6.1% during (2021 - 2027). Additionally, The France market would experience a CAGR of 7.8% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Managed Services Market Size will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Managed Services Market, 2017 - 2020, USD Million
TABLE 2 Europe 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 Europe Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 7 Europe Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 8 Europe Large Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 9 Europe Large Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 10 Europe Small & Medium Enterprises (SMEs) Market by Country, 2017 - 2020, USD Million
TABLE 11 Europe Small & Medium Enterprises (SMEs) Market by Country, 2021 - 2027, USD Million
TABLE 12 Europe Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 13 Europe Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 14 Europe BFSI Market by Country, 2017 - 2020, USD Million
TABLE 15 Europe BFSI Market by Country, 2021 - 2027, USD Million
TABLE 16 Europe IT & Telecom Market by Country, 2017 - 2020, USD Million
TABLE 17 Europe IT & Telecom Market by Country, 2021 - 2027, USD Million
TABLE 18 Europe Healthcare Market by Country, 2017 - 2020, USD Million
TABLE 19 Europe Healthcare Market by Country, 2021 - 2027, USD Million
TABLE 20 Europe Retail & eCommerce Market by Country, 2017 - 2020, USD Million
TABLE 21 Europe Retail & eCommerce Market by Country, 2021 - 2027, USD Million
TABLE 22 Europe Government & Defense Market by Country, 2017 - 2020, USD Million
TABLE 23 Europe Government & Defense Market by Country, 2021 - 2027, USD Million
TABLE 24 Europe Media & Entertainment Market by Country, 2017 - 2020, USD Million
TABLE 25 Europe Media & Entertainment Market by Country, 2021 - 2027, USD Million
TABLE 26 Europe Manufacturing Market by Country, 2017 - 2020, USD Million
TABLE 27 Europe Manufacturing Market by Country, 2021 - 2027, USD Million
TABLE 28 Europe Others Market by Country, 2017 - 2020, USD Million
TABLE 29 Europe Others Market by Country, 2021 - 2027, USD Million
TABLE 30 Europe Managed Services Market by Deployment Type, 2017 - 2020, USD Million
TABLE 31 Europe Managed Services Market by Deployment Type, 2021 - 2027, USD Million
TABLE 32 Europe On-premise Market by Country, 2017 - 2020, USD Million
TABLE 33 Europe On-premise Market by Country, 2021 - 2027, USD Million
TABLE 34 Europe Hosted Market by Country, 2017 - 2020, USD Million
TABLE 35 Europe Hosted Market by Country, 2021 - 2027, USD Million
TABLE 36 Europe Managed Services Market by Type, 2017 - 2020, USD Million
TABLE 37 Europe Managed Services Market by Type, 2021 - 2027, USD Million
TABLE 38 Europe Managed Data Center & IT Infrastructure Market by Country, 2017 - 2020, USD Million
TABLE 39 Europe Managed Data Center & IT Infrastructure Market by Country, 2021 - 2027, USD Million
TABLE 40 Europe Managed Network & Communication Services Market by Country, 2017 - 2020, USD Million
TABLE 41 Europe Managed Network & Communication Services Market by Country, 2021 - 2027, USD Million
TABLE 42 Europe Managed Mobility Services Market by Country, 2017 - 2020, USD Million
TABLE 43 Europe Managed Mobility Services Market by Country, 2021 - 2027, USD Million
TABLE 44 Europe Managed Information Services Market by Country, 2017 - 2020, USD Million
TABLE 45 Europe Managed Information Services Market by Country, 2021 - 2027, USD Million
TABLE 46 Europe Managed Services Market by Managed Information Services Type, 2017 - 2020, USD Million
TABLE 47 Europe Managed Services Market by Managed Information Services Type, 2021 - 2027, USD Million
TABLE 48 Europe Business Process Outsourcing (BPO) Market by Country, 2017 - 2020, USD Million
TABLE 49 Europe Business Process Outsourcing (BPO) Market by Country, 2021 - 2027, USD Million
TABLE 50 Europe Business Support Systems Market by Country, 2017 - 2020, USD Million
TABLE 51 Europe Business Support Systems Market by Country, 2021 - 2027, USD Million
TABLE 52 Europe Project & Portfolio Management Market by Country, 2017 - 2020, USD Million
TABLE 53 Europe Project & Portfolio Management Market by Country, 2021 - 2027, USD Million
TABLE 54 Europe Others Market by Country, 2017 - 2020, USD Million
TABLE 55 Europe Others Market by Country, 2021 - 2027, USD Million
TABLE 56 Europe Managed Security Services Market by Country, 2017 - 2020, USD Million
TABLE 57 Europe Managed Security Services Market by Country, 2021 - 2027, USD Million
TABLE 58 Europe Others Market by Country, 2017 - 2020, USD Million
TABLE 59 Europe Others Market by Country, 2021 - 2027, USD Million
TABLE 60 Europe Managed Services Market by Country, 2017 - 2020, USD Million
TABLE 61 Europe Managed Services Market by Country, 2021 - 2027, USD Million
TABLE 62 Germany Managed Services Market, 2017 - 2020, USD Million
TABLE 63 Germany Managed Services Market, 2021 - 2027, USD Million
TABLE 64 Germany Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 65 Germany Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 66 Germany Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 67 Germany Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 68 Germany Managed Services Market by Deployment Type, 2017 - 2020, USD Million
TABLE 69 Germany Managed Services Market by Deployment Type, 2021 - 2027, USD Million
TABLE 70 Germany Managed Services Market by Type, 2017 - 2020, USD Million
TABLE 71 Germany Managed Services Market by Type, 2021 - 2027, USD Million
TABLE 72 Germany Managed Services Market by Managed Information Services Type, 2017 - 2020, USD Million
TABLE 73 Germany Managed Services Market by Managed Information Services Type, 2021 - 2027, USD Million
TABLE 74 UK Managed Services Market, 2017 - 2020, USD Million
TABLE 75 UK Managed Services Market, 2021 - 2027, USD Million
TABLE 76 UK Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 77 UK Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 78 UK Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 79 UK Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 80 UK Managed Services Market by Deployment Type, 2017 - 2020, USD Million
TABLE 81 UK Managed Services Market by Deployment Type, 2021 - 2027, USD Million
TABLE 82 UK Managed Services Market by Type, 2017 - 2020, USD Million
TABLE 83 UK Managed Services Market by Type, 2021 - 2027, USD Million
TABLE 84 UK Managed Services Market by Managed Information Services Type, 2017 - 2020, USD Million
TABLE 85 UK Managed Services Market by Managed Information Services Type, 2021 - 2027, USD Million
TABLE 86 France Managed Services Market, 2017 - 2020, USD Million
TABLE 87 France Managed Services Market, 2021 - 2027, USD Million
TABLE 88 France Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 89 France Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 90 France Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 91 France Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 92 France Managed Services Market by Deployment Type, 2017 - 2020, USD Million
TABLE 93 France Managed Services Market by Deployment Type, 2021 - 2027, USD Million
TABLE 94 France Managed Services Market by Type, 2017 - 2020, USD Million
TABLE 95 France Managed Services Market by Type, 2021 - 2027, USD Million
TABLE 96 France Managed Services Market by Managed Information Services Type, 2017 - 2020, USD Million
TABLE 97 France Managed Services Market by Managed Information Services Type, 2021 - 2027, USD Million
TABLE 98 Russia Managed Services Market, 2017 - 2020, USD Million
TABLE 99 Russia Managed Services Market, 2021 - 2027, USD Million
TABLE 100 Russia Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 101 Russia Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 102 Russia Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 103 Russia Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 104 Russia Managed Services Market by Deployment Type, 2017 - 2020, USD Million
TABLE 105 Russia Managed Services Market by Deployment Type, 2021 - 2027, USD Million
TABLE 106 Russia Managed Services Market by Type, 2017 - 2020, USD Million
TABLE 107 Russia Managed Services Market by Type, 2021 - 2027, USD Million
TABLE 108 Russia Managed Services Market by Managed Information Services Type, 2017 - 2020, USD Million
TABLE 109 Russia Managed Services Market by Managed Information Services Type, 2021 - 2027, USD Million
TABLE 110 Spain Managed Services Market, 2017 - 2020, USD Million
TABLE 111 Spain Managed Services Market, 2021 - 2027, USD Million
TABLE 112 Spain Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 113 Spain Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 114 Spain Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 115 Spain Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 116 Spain Managed Services Market by Deployment Type, 2017 - 2020, USD Million
TABLE 117 Spain Managed Services Market by Deployment Type, 2021 - 2027, USD Million
TABLE 118 Spain Managed Services Market by Type, 2017 - 2020, USD Million
TABLE 119 Spain Managed Services Market by Type, 2021 - 2027, USD Million
TABLE 120 Spain Managed Services Market by Managed Information Services Type, 2017 - 2020, USD Million
TABLE 121 Spain Managed Services Market by Managed Information Services Type, 2021 - 2027, USD Million
TABLE 122 Italy Managed Services Market, 2017 - 2020, USD Million
TABLE 123 Italy Managed Services Market, 2021 - 2027, USD Million
TABLE 124 Italy Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 125 Italy Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 126 Italy Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 127 Italy Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 128 Italy Managed Services Market by Deployment Type, 2017 - 2020, USD Million
TABLE 129 Italy Managed Services Market by Deployment Type, 2021 - 2027, USD Million
TABLE 130 Italy Managed Services Market by Type, 2017 - 2020, USD Million
TABLE 131 Italy Managed Services Market by Type, 2021 - 2027, USD Million
TABLE 132 Italy Managed Services Market by Managed Information Services Type, 2017 - 2020, USD Million
TABLE 133 Italy Managed Services Market by Managed Information Services Type, 2021 - 2027, USD Million
TABLE 134 Rest of Europe Managed Services Market, 2017 - 2020, USD Million
TABLE 135 Rest of Europe Managed Services Market, 2021 - 2027, USD Million
TABLE 136 Rest of Europe Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 137 Rest of Europe Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 138 Rest of Europe Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 139 Rest of Europe Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 140 Rest of Europe Managed Services Market by Deployment Type, 2017 - 2020, USD Million
TABLE 141 Rest of Europe Managed Services Market by Deployment Type, 2021 - 2027, USD Million
TABLE 142 Rest of Europe Managed Services Market by Type, 2017 - 2020, USD Million
TABLE 143 Rest of Europe Managed Services Market by Type, 2021 - 2027, USD Million
TABLE 144 Rest of Europe Managed Services Market by Managed Information Services Type, 2017 - 2020, USD Million
TABLE 145 Rest of Europe 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.