Managed services are the type of outsourcing services which provide customer benefit like business focus on core competencies, reduce expenses, and improvement of operational efficiency. These services offer various solutions to the customers including Managed Data Center, Managed Security, Managed Communication, Managed Network, Managed Infrastructure, and Managed Mobility.
Increase in Technological Advancements is the key driving factor will drive the market growth.
Increase in technological advancements and adoption of cloud-based platforms which is expected to boost the Europe managed services market growth. Also, increase in shift to hybrid IT will have the positive impact on market growth. The IoT solutions are connect to embedded software, hardware devices, managed services, and communication services and provide smart communication environment like smart transportation, smart homes, and smart healthcare. Also, increase in adoption of new technologies such as big data analytics, cloud computing, and mobility services will drive the market growth.
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Integration and Regularity Issues and Reliability Concern are the major challenging factors will obstruct the market growth.
Growing integration and regularity issues and reliability concerns of new technology which are challenging factors expected to obstruct the market growth. Furthermore, increase in pressure from statutory regulations across the world expected to hinder the market growth. Also, lack of sales and marketing staff, training, and cyber security will hamper the market growth.
Market Key Players
Various key players are discussed in this report such as Fujitsu Ltd, Cisco Systems Inc., IBM Corporation, AT&T Inc., HP Development Company LP, Microsoft Corporation, Verizon Communications Inc., Dell Technologies Inc., and Deutsche Telekom AG
- Managed Data Center
- Managed Security
- Managed Communication
- Managed Network
- Managed Infrastructure
- Managed Mobility
- Hosted or Cloud Based
By Organization Size
- Small and Medium Size Enterprises
- Large Enterprises
- Telecom & IT
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