The Middle East and Africa Managed Services market is projected to reach $47.3 billion by 2019 – A Report by MicroMarket Monitor

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The Middle East and Africa Managed Services market is projected to reach $47.3 billion by 2019

MicroMarket Monitor

MicroMarket Monitor

Key Players in the Middle East and Africa Managed Services market are Alcatel-Lucent, AT&T, Cisco, Dell, and EMC

The Middle East and Africa Managed Services market report defines and segments the Managed Services market in Middle East and Africa with analysis and forecast of revenue. This market is projected to reach $47.3 billion by 2019 from $17.5 billion in 2013, at a CAGR of 17.7% between 2014 and 2019.

Managed services refer to the process of assigning various functions of an organization to an external organization, which is known as the managed services provider. Managed services market has been observing growth in recent years due to the progressions in the field of cloud computing, big data, and mobility services. These solutions are helping the organizations to enhance their competencies and expand their presence. Such outsourced services enable organizations to bring in competences that are lacking in order to replace functions or processes incurring huge recurring costs.

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In Middle East and Africa, organizations have limited resources and workforce. Due to increase in network complexities and demand of IT infrastructure, organizations are not able to focus on their core business. The Managed Service Providers in this region are providing the requisite IT infrastructure solutions and related services which help an organization to focus on its core business.

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This report analyzes the adoption trends, future growth potential, key drivers, restraints, opportunities, and best practices in the Middle East and Africa Managed Services Market. The Middle East and Africa Managed Services Market report provides a deep-dive analysis of the top players in this market, such as Alcatel-Lucent, AT&T, Cisco, Dell, and EMC. The report also examines the market size and revenue forecasts across different platforms, solutions, and services that together form the overall market.

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Australia Managed Services (ICT) Market

The Australian managed services market is expected to grow from $3.02 billion in 2013 to $11.04 billion in 2018, at an expected CAGR of 29.6% from 2013 to 2018.

The Australian managed services market will continue to expand through 2014. With the growing number of enterprises in various countries of Asia-Pacific such as Australia, India, China, and Japan, the need for streamlining strategic operations is necessary. Organizations in Australia are moving towards adopting managed services to reduce complexity in business and increase efficiency. The market is driven by the need of organizations for cheap but enhanced IT technologies, which can reduce their financial costs. There is a vast market opportunity for investors in the Australian managed services market due to the various alliances and partnerships, resulting in new and unique services. These services can be customized as per the customer’s requirements.

About MicroMarket Monitor:

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

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