Managed services Companies

Competitive Landscape of Managed Services Market:

The managed services market is a dynamic and rapidly growing sector, driven by the increasing demand for organizations to outsource their IT operations. As businesses seek to optimize their IT infrastructure, improve efficiency, and reduce costs, the adoption of managed services is becoming increasingly prevalent. This trend is further fueled by technological advancements, such as cloud computing and artificial intelligence, which are creating new opportunities for managed service providers (MSPs) to deliver innovative solutions.

Key Players:

• Cisco Systems Inc of US


• Huawei Technologies Co. Ltd of China


• NTT Data Corporation of Japan


• Accenture of US


• Unisys Corporation of US


• Amdocs Limited of US


• Telefonaktiebolaget LM Ericsson of Sweden


• Atos SE of France


• IBM Corporation of US


• DXC Technology Company from the US


• Fujitsu from Japan

Strategies Adopted:

To compete effectively in this crowded market, MSPs are adopting various strategies, including:

• Specialization: Focusing on specific industries or technologies to gain expertise and cater to the unique needs of their target customers.


• Vertical integration: Expanding their service offerings to include additional IT services beyond traditional infrastructure management.


• Cloud adoption: Leveraging cloud technologies to deliver scalable, flexible, and cost-effective solutions.


• Security emphasis: Prioritizing cybersecurity services to address the growing threat landscape.


• Partnerships and acquisitions: Collaborating with other companies to expand their reach and expertise, or acquiring smaller players to gain access to new markets and customers.

Factors for Market Share Analysis:

Several factors are important for analyzing market share in the managed services market:

• Revenue: The total revenue generated by an MSP from its managed services offerings.


• Customer base: The number and size of customers served by an MSP.


• Service portfolio: The range and depth of managed services offered by an MSP.


• Geographic reach: The geographic regions where an MSP operates.


• Industry expertise: The specific industries an MSP caters to.

New and Emerging Companies:

Several new and emerging companies are entering the managed services market, offering innovative solutions and disrupting the traditional landscape. These companies are often leveraging cutting-edge technologies and focusing on niche markets or specific service areas. Some notable examples include:

• Cloud-native MSPs: Companies like Cloudreach and Nutanix are offering managed services specifically designed for cloud environments.


• Cybersecurity specialists: Companies like CrowdStrike and Cybereason are providing specialized cybersecurity services to address the evolving threat landscape.


• AI-powered MSPs: Companies like BigID and DataRobot are leveraging artificial intelligence to automate tasks and deliver more efficient managed services.

Current Company Investment Trends:

Current investment trends in the managed services market reveal a focus on key areas such as:

• Cloud migration: MSPs are investing in expertise and tools to help their customers migrate to cloud infrastructure.


• Security services: MSPs are investing in cybersecurity solutions and expertise to address the growing threat landscape.


• Automation: MSPs are investing in automation technologies to improve efficiency and reduce costs.


• Data analytics: MSPs are investing in data analytics tools to gain insights into customer data and improve service delivery.


• Artificial intelligence: MSPs are exploring the potential of AI to automate tasks, personalize services, and improve decision-making.

Latest Company Updates:

The International Financial Services Centre (IFSC) in Gujarat's GIFT City will offer life insurance and asset management services starting in 2023, according to a Thursday announcement by HDFC Group.

Announcing today a new Managed Service Provider (MSP) Programme in 2023, Netskope—a leader in Secure Access Service Edge (SASE)—is expanding its Evolve Partner Programme. By providing an extra avenue for market entry and lucrative service offers, the recently formalised programme assists partners in growing their revenue streams.