TechNavio recognizes the following companies as the key players in Global Managed IT Services Market: Fujitsu Ltd., Hewlett-Packard Co., IBM Corp., and Xerox Corp.
Commenting on the report, an analyst from TechNavio’s team said: “The cloud-based managed service model is taking off at a tremendous pace now and is expected to be a key trend in this market in the next few years. There appears to be a decent market for managed cloud services at small and mid-market level. Given the advantages of cloud services, many end-users prefer cloud-based solutions. Further, with advantages such as reduced costs, and ease of installation and operations, small and medium-sized businesses find cloud services more useful compared to other traditional service offerings. Thus, with the increasing demand and popularity of cloud-based managed IT offerings, many vendors in the Global Managed IT Services market are offering cloud-based services. ”
According to the report, one of the main growth drivers in the market is the increasing need for organizations to cut down on IT operations-related expenditure.
Further, the report states that there are a number of factors that are inhibiting the growth of the Global Managed IT Services market. One such challenge is the lack of transparency of SLAs, which are extremely important to a customer as well as the service provider. Most customers do not have information about which services they should opt for as part of SLA, while service providers often do not meet expectations.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-managed-it-services-market-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report – Global Managed IT Services Market 2014-2018
