IT Managed Services Market Size | Industry Trends & Growth Insights 2025

Code: MTA10112 Publication Date: Oct 2025

What is the size of IT Managed Services Market?

According to 6Wresearch internal database and industry insights, the IT Managed Services Market was valued at USD 288.78 Billion in 2024 and is expected to reach USD 711.64 Billion by 2031, growing at a CAGR of 9.44% during 2025-2031.

The main factors contributing to this growth are the increasing requirement for cloud-based solutions, the roll-out of artificial intelligence for IT operations, and the need for better cyber-security measures to protect enterprise data.

Growth Factors for IT Managed Services Industry

  • Increased cloud service adoption across vertical industries.
  • Higher need for cybersecurity solutions to safeguard enterprise data.
  • IT environments are increasing in complexity, making management strategic and specialised.
  • Growth of hybrid IT infrastructure accommodating integrated management solutions.
  • Need for cost management for IT operations.

IT Managed Services Market Trends

The IT Managed Services Market is seeing several trends, including increasing adoption of cloud-based solutions that can provide more scalability and flexibility than traditional IT. Along the same lines, companies are increasingly adopting the use of artificial intelligence for IT operations as a way to enhance operational efficiency as well as minimise or avoid downtime. Security largely drives the market, and many organisations have become increasingly cognizant of their cybersecurity needs and are actively seeking managed services that offer strong protection against a myriad of threats. Lastly, hybrid IT is meant to grow and adapt to manage IT resources in multiple on-premises and cloud-based forms.

Emerging Developments in the IT Managed Services Market

The IT Managed Services Market is experiencing emerging developments with advancements in automation and artificial intelligence, enabling proactive monitoring and issue resolution. Organisations are increasingly adopting managed services to handle complex IT environments, allowing internal teams to focus on strategic initiatives. The integration of cybersecurity measures into managed services is becoming a priority, as businesses seek comprehensive solutions to protect their data and networks. Additionally, the expansion of hybrid IT infrastructures is leading to the development of integrated management solutions that can effectively manage diverse IT resources.

List of Leading Companies in the IT Managed Services Market

Some of the leading companies include:

  • IBM
  • Accenture
  • Cisco Systems
  • Dell Technologies
  • Hewlett Packard Enterprise
  • Fujitsu
  • Tata Consultancy Services

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