Market Forecast By Service Type (Managed Security Services, Managed Network Services, Managed Data Center and IT Infrastructure Services, Managed Communication and Collaboration Services, Managed Mobility Services, Managed Information Services), By Deployment Type (Cloud, On-Premises), By Organization Size (Small and Medium-sized Enterprises (SMEs), Large Enterprises), By Vertical (BFSI, IT and Telecom, Retail and Consumer Goods, Manufacturing, Government, Healthcare and Life Sciences, Energy and Utilities, Media and Entertainment) And Competitive Landscape
Product Code: ETC4406642 | Publication Date: Jul 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | US Managed Services Market |
Forecast period | 2025-2031 |
CAGR | 13.4% |
Growing Sector | Banking, Financial Services, and Insurance (BFSI) |
The US Managed Services market report thoroughly covers the market by service type, by deployment type, by organization size, by vertical and competitive Landscape. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The US managed services market presents a dynamic landscape shaped by the evolving needs of businesses seeking efficient and scalable IT solutions. With organizations increasingly focusing on core competencies, the demand for managed services has surged, covering a spectrum of services including cloud computing, cyber security, network management, and data analytics. In addition, the market is driven by the imperative for cost optimization, enhanced operational efficiency, and the seamless integration of advanced technologies. Moreover, the COVID-19 pandemic has further underscored the importance of flexible and resilient IT infrastructures, propelling the demand for managed services to ensure business continuity and security. Further, the market is characterized by several notable trends that reflect the evolving dynamics of IT services. One significant trend is the rising adoption of artificial intelligence (AI) and machine learning (ML) in managed services, enabling predictive analytics, automation, and enhanced cyber security measures. Further, the US managed services industry encounters various challenges that influence its operational landscape. One significant hurdle is the increasing complexity of cyber security threats, requiring managed service providers to continuously enhance their security measures to protect client data and infrastructure.
According to 6Wresearch, US Managed Services market size is projected to grow at a CAGR of 13.4% during 2025-2031. The US managed services market is experiencing robust growth driven by several key factors. A primary driver is the increasing complexity of IT environments, with businesses seeking external expertise to manage diverse technologies, optimize performance, and ensure cyber security. Additionally, the rising adoption of cloud computing and the need for scalable and flexible IT solutions contribute significantly to the demand for managed services. In addition, the ongoing trend of digital transformation across industries, accelerated by the COVID-19 pandemic, underscores the importance of managed services in supporting businesses' evolving technology needs. Furthermore, the imperative for cost optimization and operational efficiency positions managed services as a strategic choice for organizations looking to focus on their core competencies. Moreover, the market's growth is also fueled by the expansion of managed services beyond traditional IT functions, encompassing areas such as IoT, edge computing, and advanced analytics. These interconnected growth drivers position the US managed services market as a vital enabler for businesses navigating the complexities of the digital landscape.
The US managed services market is influenced by various government initiatives aimed at fostering a resilient and secure digital infrastructure. In addition, the government has placed a significant emphasis on cyber security, with initiatives and regulations designed to enhance the protection of critical information systems. Moreover, federal agencies and departments actively engage with managed service providers to ensure the implementation of robust cyber security measures, especially in light of the increasing cyber threats faced by both public and private entities. Furthermore, government initiatives promoting the adoption of cloud services and digital transformation across public sector organizations indirectly contribute to the growth of managed services, as these entities seek external expertise to navigate complex technological transitions. These initiatives have enhanced the US Managed Services Market Share. Additionally, the alignment of government policies with the principles of secure and efficient IT management serves as a catalyst for the US managed services market, fostering a collaborative environment between public and private sectors to address evolving digital challenges.
The US managed services market is characterized by the presence of influential players shaping the industry's landscape. One key player is IBM Corporation, a global technology and consulting giant, offering a comprehensive suite of managed services, including cloud management and cyber security solutions. Another significant participant is Accenture, renowned for its expertise in digital transformation and IT consulting, providing a range of managed services to support clients' evolving business needs. Adding to the market's dynamism is Amazon Web Services (AWS), a major player in cloud computing services, offering a wide array of managed services that enable businesses to leverage scalable and secure IT infrastructures. In addition, the companies’ clutch enormous US Managed Services Market Revenues. These key players collectively define the competitive landscape, leveraging their global reach, technological prowess, and diverse service portfolios to address the multifaceted requirements of the US managed services market.
The future of the US managed services market holds promising prospects as businesses increasingly recognize the strategic value of outsourcing IT functions. In addition, anticipated trends include a continued surge in demand for managed cloud services, driven by the ongoing migration to cloud infrastructures and the need for agile, scalable solutions. Moreover, the integration of emerging technologies like artificial intelligence and machine learning into managed services is expected to enhance automation, predictive analytics, and overall operational efficiency. Cyber security will remain a paramount focus, with managed service providers expanding their offerings to address evolving threats. Additionally, the market is likely to witness an influx of industry-specific managed services as organizations seek tailored solutions to meet sector-specific challenges. As digital transformation accelerates across various industries, the US managed services market is poised for sustained growth, offering businesses the agility and expertise needed to navigate the complexities of the evolving technological landscape.
According to Ravi Bhandari, Research Head, 6Wresearch, the US Managed Services market is growing at an exponential rate, with deployment types such as Cloud and On-Premises driving the industry forward. Additionally, cloud deployment has been growing in popularity over the last several years, with many businesses moving their IT infrastructure to the cloud. This deployment method uses shared resources, allowing for increased scalability, flexibility and cost-effectiveness. Managed services providers often offer a range of cloud-based solutions, including Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS). Further, one of the main benefits of cloud deployment is the ability to quickly scale up or down based on business needs. This can be especially beneficial for businesses experiencing growth, or those that have fluctuating demand throughout the year. Additionally, cloud-based solutions often offer better security, as providers often use advanced security protocols to protect their client's data.
The key verticals in the US managed services market, include BFSI, IT and telecom, retail and consumer goods, manufacturing, government, healthcare, and life sciences. Further, the managed services providers to the banking, financial services, and insurance (BFSI) vertical typically focus on providing high-value services to financial institutions, such as cybersecurity, compliance, and IT modernization. Managed services providers in this vertical typically hold a variety of certifications such as SOC 1, SOC 2, PCI, and HIPAA to ensure compliance with regulatory requirements.
The US Managed Services market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 US Managed Services Market Overview |
3.1 US Country Macro Economic Indicators |
3.2 US Managed Services Market Revenues & Volume, 2021 & 2031F |
3.3 US Managed Services Market - Industry Life Cycle |
3.4 US Managed Services Market - Porter's Five Forces |
3.5 US Managed Services Market Revenues & Volume Share, By Service Type , 2021 & 2031F |
3.6 US Managed Services Market Revenues & Volume Share, By Deployment Type, 2021 & 2031F |
3.7 US Managed Services Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.8 US Managed Services Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 US Managed Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 US Managed Services Market Trends |
6 US Managed Services Market, By Types |
6.1 US Managed Services Market, By Service Type |
6.1.1 Overview and Analysis |
6.1.2 US Managed Services Market Revenues & Volume, By Service Type , 2021-2031F |
6.1.3 US Managed Services Market Revenues & Volume, By Managed Security Services, 2021-2031F |
6.1.4 US Managed Services Market Revenues & Volume, By Managed Network Services, 2021-2031F |
6.1.5 US Managed Services Market Revenues & Volume, By Managed Data Center and IT Infrastructure Services, 2021-2031F |
6.1.6 US Managed Services Market Revenues & Volume, By Managed Communication and Collaboration Services, 2021-2031F |
6.1.7 US Managed Services Market Revenues & Volume, By Managed Mobility Services, 2021-2031F |
6.1.8 US Managed Services Market Revenues & Volume, By Managed Information Services, 2021-2031F |
6.2 US Managed Services Market, By Deployment Type |
6.2.1 Overview and Analysis |
6.2.2 US Managed Services Market Revenues & Volume, By Cloud, 2021-2031F |
6.2.3 US Managed Services Market Revenues & Volume, By On-Premises, 2021-2031F |
6.3 US Managed Services Market, By Organization Size |
6.3.1 Overview and Analysis |
6.3.2 US Managed Services Market Revenues & Volume, By Small and Medium-sized Enterprises (SMEs), 2021-2031F |
6.3.3 US Managed Services Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.4 US Managed Services Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 US Managed Services Market Revenues & Volume, By BFSI, 2021-2031F |
6.4.3 US Managed Services Market Revenues & Volume, By IT and Telecom, 2021-2031F |
6.4.4 US Managed Services Market Revenues & Volume, By Retail and Consumer Goods, 2021-2031F |
6.4.5 US Managed Services Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.6 US Managed Services Market Revenues & Volume, By Government, 2021-2031F |
6.4.7 US Managed Services Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F |
6.4.8 US Managed Services Market Revenues & Volume, By Media and Entertainment, 2021-2031F |
6.4.9 US Managed Services Market Revenues & Volume, By Media and Entertainment, 2021-2031F |
7 US Managed Services Market Import-Export Trade Statistics |
7.1 US Managed Services Market Export to Major Countries |
7.2 US Managed Services Market Imports from Major Countries |
8 US Managed Services Market Key Performance Indicators |
9 US Managed Services Market - Opportunity Assessment |
9.1 US Managed Services Market Opportunity Assessment, By Service Type , 2021 & 2031F |
9.2 US Managed Services Market Opportunity Assessment, By Deployment Type, 2021 & 2031F |
9.3 US Managed Services Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
9.4 US Managed Services Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 US Managed Services Market - Competitive Landscape |
10.1 US Managed Services Market Revenue Share, By Companies, 2024 |
10.2 US Managed Services Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |