The North America Managed Services Market is Projected to Reach $72.5 billion by 2019 – A Report by MicroMarket Monitor
(PRWEB) December 17, 2014 -- Increasing customer expectations have led the Managed Service Providers to expand their services portfolio. This has increased the competition in this market and led to high growth in some of the segments in 2014, for example, Managed Data Center.
The North America Managed Services Market report defines and segments the Managed Service market in North America with analysis and forecast of revenue. This market is projected to reach $72.5 billion by 2019 from $50.8 billion in 2013, with a CAGR of 5.9% between 2014 and 2019.
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Managed services market has shown its potential in North America as it offers various critical services to the clients at a low cost. Organizations are keen to expand their business footprints through third-party services that provide mobility to their business. Managed Data Center and Managed Infrastructure Segments are among the fastest growing segments of this market in North America. The industry verticals that will contribute to the growth of Managed Services market in North America include public sectors, BFSI, Education, and High tech and telecommunication. Managed Services solutions segment in BFSI and Public Sectors is estimated to maintain a high growth rate over the next five years.
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Due to the increasing use of Bring Your Own Data (BYOD) technologies in North America, the Managed Mobility segment is projected to witness growth in this region. Enterprises now run more applications and need solutions that enable the workforce to work on any device. This need of mobility has paved the way for Managed services market in North America. The U.S. contributes the largest share of 55% to the overall market.
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The North America managed Services market report provides an analysis of the top players in this market Alcatel-Lucent, AT&T, Cisco, Dell, EMC. The report also highlights the growth areas in the market, segment-wise market size, and revenue forecasts across different platforms, solutions, and services.
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Companies such as Accenture, Hewlett-Packard, IBM, Oracle, and Informatica provide application integration solutions. The application integration research report provides insights on key market players and vendors, future scope, drivers, restraints, and challenges of the market. The report also analyzes global adoption trends and future growth potentials across different regions.
http://www.micromarketmonitor.com/market-report/application-integration-reports-4149370142.html
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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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