Key Players in the North America Managed Services Market ARE Alcatel-Lucent, AT&T, Cisco, Dell, and EMC
(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.
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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