Managed Information Services Industry Revenue to Reach $692.43 Billion by 2029 with CAGR of 16.4% (2025–2029)
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How Is the Managed Information Services Market Growth Forecast from 2025 to 2029?
The managed information services market size has grown rapidly in recent years. It will grow from $324.67 billion in 2024 to $377.72 billion in 2025 at a compound annual growth rate (CAGR) of 16.3%. The growth in the historic period can be attributed to remote work trend, cloud adoption, rising cybersecurity threats and data breaches, increased complexity of IT infrastructure.
The managed information services market size is expected to see rapid growth in the next few years. It will grow to $692.43 billion in 2029 at a compound annual growth rate (CAGR) of 16.4%. The growth in the forecast period can be attributed to increasing regulatory requirements, evolving cyber threat landscape, data analytics and business intelligence, environmental and social responsibility, digital transformation initiatives. Major trends in the forecast period include extended use of artificial intelligence (AI) and machine learning (ML), edge computing expansion, blockchain for data integrity and security, integration of 5G services, advanced data analytics and AI-driven insights.
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Which Major Growth Factors Are Shaping the Managed Information Services Market?
A growing emphasis on cybersecurity is expected to propel the growth of the managed information services market going forward. Cybersecurity protects computer systems, networks, and digital assets from unauthorized access, attacks, damage, or security breaches. The growing emphasis on cybersecurity is driven by the increasing sophistication of cyberattacks, the proliferation of cybercrime, and the expanding attack surface due to technological advancements. Managed information services (MIS) play a crucial role in cybersecurity by providing organizations with a proactive and comprehensive approach to protecting information systems and data. For instance, in June 2024, according to IT Governance USA Inc., a US-based provider of IT governance, risk management, and compliance solutions, the number of known records breached per month increased from 2,306,294,320 in 2023 to 5,336,840,757 in 2024. Therefore, the growing emphasis on cybersecurity is driving the growth of the managed information services market.
Which Segment Offers the Highest Growth Opportunities in the Managed Information Services Market?
The managed information servicesmarket covered in this report is segmented –
1) By Solution: Managed Networks, Managed Infrastructure, Managed Communication, Managed Security, Managed Data Center
2) By Function: Data Backup And Recovery, Network Monitoring And Security, Human Resource, System Management
3) By Deployment Mode: On-Premise, Cloud
4) By End-User: Energy And Utility, Healthcare, Financial, Manufacturing, Banking, Financial Services And Insurance (BFSI), Government, Information Technology (IT) And Telecommunications, Other End-Users
Subsegments:
1) By Managed Networks: Managed LAN (Local Area Network), Managed WAN (Wide Area Network), Managed SD-WAN (Software-Defined WAN), Managed VPN (Virtual Private Network), Managed WLAN (Wireless Local Area Network)
2) By Managed Infrastructure: Managed Servers, Managed Storage, Managed Cloud Infrastructure, Managed Virtualization, Managed Backup and Recovery
3) By Managed Communication: Managed VoIP (Voice Over Internet Protocol), Managed Unified Communications, Managed Email Services, Managed Collaboration Tools, Managed Video Conferencing
4) By Managed Security: Managed Firewall Services, Managed Intrusion Detection Or Prevention Systems (IDS Or IPS), Managed Endpoint Security, Managed Threat Detection And Response, Managed Identity And Access Management (IAM)
5) By Managed Data Center: Managed Colocation Services, Managed Hosting Services, Managed Cloud Hosting, Managed Disaster Recovery Services, Managed Backup And Data Storage
What Are the Key Industry Trends Transforming the Managed Information Services Market?
Major companies operating in managed information services increasingly focus on developing advanced solutions, such as Edge Platform, for scaling AI applications to gain a competitive edge in the market. Edge Platform for Scaling AI Applications refers to the platform that empowers enterprises by enabling them to accelerate time-to-scale AI deployments and work closely with partners to grow the end-to-end private network market. For instance, in February 2024, Intel Corporation, a US-based technology company, launched its new Edge Platform for scaling AI applications. It aims to simplify edge AI applications' development, deployment, and management, allowing enterprises to build, deploy, run, secure, and manage edge and AI solutions at scale with cloud-like simplicity. This platform empowers enterprises to accelerate time-to-scale deployment, improve total cost of ownership (TCO), and achieve higher returns on investment.
Who Are the Key Players Driving the Managed Information Services Market?
Major companies operating in the managed information services market are Microsoft Corporation, Verizon Communications Inc., Deutsche Telekom AG, Nippon Telegraph and Telephone Corporation, Dell Technologies Inc., Accenture PLC, International Business Machines Corporation, Cisco Systems Inc., Orange Business Services, Hewlett-Packard Enterprise Company, Fujitsu Ltd., Nokia Solutions and Networks Oy, Tata Consultancy Services Limited, Capgemini SE, Cognizant Technology Solutions Corporation, Infosys Limited, DXC Technology Company, CenturyLink Inc., VMware Inc., Atos SE, HCL Technologies Limited, Rackspace Inc., Wipro Ltd., BMC Software Inc., Unisys Corporation
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What Are the Regional Insights for the Managed Information Services Market Forecast?
North America was the largest region in the managed information services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the managed information services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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