Managed Services Market to be worth $731.08 Billion by 2030 at CAGR 14.1% - Grand View Research, Inc.

SAN FRANCISCO, May 13, 2025 /PRNewswire/ -- The global managed services market size is projected to reach USD 731.08 billion by 2030, according to a new study conducted by Grand View Research, Inc. The market is anticipated to grow at a CAGR of 14.1% from 2025 to 2030. Strengthening profit margins, which cater efficiently to the needs of dynamic business environments, and improvements in operational efficiency are also expected to contribute to the growth of the market. Benefits associated with managed services implementation, such as a significant reduction in IT operational expenses and increased organizational efficiency, are also anticipated to drive market growth.

Managed services help reduce recurring in-house IT expenditures by ensuring the IT infrastructure is running at optimal efficiency at all times while also automating business operations. This subsequently allows organizations to effectively achieve their business objectives, especially pertaining to strengthening the bottom line and increasing profitability. These initiatives also help various end-users, such as expert-led architectural design reviews, public sector, and government organizations to address unique digital transformation and accelerate cloud adoption.

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For instance, in July 2023, MongoDB, Inc., a developer of the data platform, announced MongoDB Atlas for the public sector, an initiative that enables government agencies and public sector organizations to develop modern, data-driven applications that better serve end-users at MongoDB.local for government solutions platform. As part of the new initiative, public sector organizations can access tailored technology partnerships, expert-led architectural design reviews, and specific data to provide tailored technology training.

Several businesses encountered challenges due to the COVID-19 pandemic, and managed services providers (MSPs) were no exception. Organizations globally opted for managed services to ensure operational efficiency amid lockdowns being implemented across various nations due to coronavirus. Organizational spending on new automation initiatives gradually slowed down during the pandemic.

Managed Services Market Report Highlights:

• The managed data center segment dominated the market for managed services and accounted for a revenue share of over 16.0% in 2024.
• The business process outsourcing (BPO) segment accounted for the largest revenue share of over 40.0% in 2024.
• Based on deployment, the on-premise segment led the managed services market with the largest revenue share of over 51.0% in 2024.
• The large enterprise segment led the market with the largest revenue share of over 60.0% in 2024. Global expansion and business diversification are contributing to this trend.
• The BFSI segment led the market with the largest revenue share of over 19.0% in 2024. The increasing use of data analytics and AI in financial services is boosting reliance on managed services.
• North America dominated the managed services industry with a revenue share of over 33.0% in 2024.

Read full market research report on Managed Services Market with TOC - Managed Services Market Size, Share & Trends Analysis Report By Solution, Managed Information Service (MIS), By Deployment, By Enterprise Size (SME, Large Enterprises), By End Use, By Region, And Segment Forecasts, 2025 - 2030

Managed Services Market Segmentation

Grand View Research has segmented the global managed services market on the basis of solution, managed information service (MIS), deployment, enterprise size, end use, and region:

Managed Services Market - Solution Outlook (Revenue, USD Billion, 2018 - 2030)

• Managed Data Center
• Managed Network
• Managed Mobility
• Managed Infrastructure
• Managed Backup and Recovery
• Managed Communication
• Managed Information
• Managed Security

Managed Services Market - Managed Information Service (MIS) Outlook (Revenue, USD Billion, 2018 - 2030)

• Business Process Outsourcing (BPO)
• Business Support Systems
• Project & Portfolio Management
• Others

Managed Services Market - Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

• Hosted
• On-Premise

Managed Services Market - Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)

• Small & Medium Enterprises (SMEs)
• Large Enterprises

Managed Services Market - End Use Outlook (Revenue, USD Billion, 2018 - 2030)

• BFSI
• Government
• Healthcare
• IT & Telecommunication
• Manufacturing
• Media & Entertainment
• Retail
• Others

Managed Services Market - Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America
• U.S.
• Canada
• Mexico
• Europe
• U.K.
• Germany
• France
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Latin America
• Brazil
• Middle East & Africa
• UAE
• Saudi Arabia
• South Africa

List of Key Players in the Managed Services Market

• Accenture
• Atera Networks Ltd.
• ARYAKA NETWORKS, INC.
• AT&T Inc.
• BMC Software, Inc.
• Broadcom
• Cisco Systems, Inc.
• DXC Technology Company
• Fujitsu
• HCL Technologies Limited
• HP Development Company, L.P.
• International Business Machines Corporation
• Lenovo
• ScalePad Software Inc.
• Telefonaktiebolaget LM Ericsson

Check out more related studies published by Grand View Research:

• Telecom Managed Services Market - The global telecom managed services market size is expected to reach USD 55.29 billion by 2030, registering a CAGR of 13.4% from 2023 to 2030 according to a new report by Grand View Research, Inc. The market growth is attributed to its improved AI-driven automation streamlining network management, enhancing customer support, and optimizing service delivery.
• Cloud Managed Services Market - The global cloud managed services market size is expected to reach USD 305.16 billion by 2030, registering a CAGR of 14.7% from 2025 to 2030, according to a new report by Grand View Research, Inc. The focus of enterprises on primary business operations is resulting into higher cloud managed services adoption.
• Managed Print Services Market - The global managed print services market size is expected to reach USD 89.26 billion by 2030, registering a CAGR of 10.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Managed print services (MPS) provide accurate monitoring of print resources through the clearly defined mechanisms and analysis.
• Managed Security Services Market - The global managed security services market size is expected to reach USD 87.5 billion by 2030, growing at a CAGR of 15.4% from 2023 to 2030, according to a recent report from Grand View Research, Inc. Factors such as the growing demand for outsourcing services across various BFSI, healthcare, manufacturing, IT & telecommunication industries, and the enterprises focus on their key competencies are expected to drive the market's growth.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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