Global Europe Managed Services Market Growth, Trends, and Forecast 2019-2024: Increasing Shift to Hybrid IT & Improved Cost and Operational Efficiency - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 8, 2019--
The “Europe Managed Services Market - Growth, Trends, and Forecast (2019 - 2024)” report has been added to ResearchAndMarkets.com’s offering.
The European managed services market was valued at USD 66.14 billion in 2018, and it is projected to be worth USD 148.74 billion by 2024, registering a CAGR of 14.1% during the period of 2019-2024.
Although Western Europe is the growth hub for managed hosting and colocation in Europe, Eastern Europe is witnessing growth with cloud and hosting technology trends. Moreover, server virtualization technology is also gaining traction, with managed hosting customers investing in managed virtualized servers, instead of dedicated physical servers in the traditional hosting model.
Scope of the Report
The emergence of managed services is aiding in meeting the needs of a wide variety of businesses throughout Europe. In the region, the telecommunication providers are focusing on security services, owing to the European regulations. Furthermore, the region has a strong automotive and manufacturing sector and in addition, emerging applications, like cloud-based solutions, are expected to do significantly well during the forecast period.
Key Market Trends
Cloud Holds the Significant Share in The Market
Managed Security Account for Significant Market Share
The Europe managed services market is fragmented as market studied is dominated by international players which have a strong client base in the market. Additionally, in order to sustain in the market and retain their clients, companies are employing powerful competitive strategies. Thus, intensifying competitive rivalry in the market. Key players are Fujitsu Ltd, IBM Corporation, Cisco Systems, etc. Recent developments in the market are -
Key Topics Covered:
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Increasing Shift to Hybrid IT
4.3.2 Improved Cost and Operational Efficiency
4.4 Market Restraints
4.4.1 Integration and Regulatory Issues and Reliability Concerns
4.5 Value Chain Analysis
4.6 Industry Attractiveness - Porter’s Five Force Analysis
5 MARKET SEGMENTATION
5.1 By Deployment
5.2 By Type
5.2.1 Managed Data Center
5.2.2 Managed Security
5.2.3 Managed Communications
5.2.4 Managed Network
5.2.5 Managed Infrastructure
5.2.6 Managed Mobility
5.3 By Enterprise Size
5.3.1 Small and Medium Enterprises
5.3.2 Large Enterprises
5.4 By End-User Vertical
5.4.5 Other End-user Verticals
5.5.1 United Kingdom
5.5.4 Rest of Europe
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Fujitsu Ltd
6.1.2 Cisco Systems Inc.
6.1.3 IBM Corporation
6.1.4 AT&T Inc.
6.1.5 HP Development Company LP
6.1.6 Microsoft Corporation
6.1.7 Verizon Communications Inc.
6.1.8 Dell Technologies Inc.
6.1.9 Nokia Solutions and Networks
6.1.10 Deutsche Telekom AG
6.1.11 Tata Consultancy Services Limited
6.1.12 Citrix Systems Inc.
6.1.13 Wipro Ltd
6.1.14 NSC Global Ltd
6.1.15 Telefonica Europe PLC
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/5rcooh
View source version on businesswire.com:https://www.businesswire.com/news/home/20191108005241/en/
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INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY NETWORKS
SOURCE: Research and Markets
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PUB: 11/08/2019 06:58 AM/DISC: 11/08/2019 06:58 AM