Latest News- Managed IT Infrastructure Services Market: SMEs is expected to lead the End-user segment during 2025-2029

The Managed IT Infrastructure Services Market is being driven by Rising adoption of cloud-based managed security services (MSS)

The Managed IT Infrastructure Services Market is expected to grow at a CAGR of 6.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 84.1 billion. In today's business landscape, IT infrastructure expenditures have seen a substantial increase as organizations strive to meet escalating demand and maintain competitiveness. This spending, which includes procurement and maintenance, contributes significantly to operational costs. However, the adoption of cloud backup and recovery solutions offers a potential solution for reducing functional expenses. With cloud storage costing approximately 4 cents per gigabyte, a considerable reduction in capital expenditures (CapEx) is achievable. Additionally, the elimination of internal power requirements for data storage further reduces operating expenses (Opex). By implementing cloud backup and recovery, businesses can significantly decrease their IT infrastructure costs while ensuring data security and availability. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • SMEs
  • Large enterprise
• Deployment
  • Cloud-based
  • On-premises
• Service
  • Server management
  • Networking services
  • Virtualization services
  • Storage services
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • APAC
    • China
    • India
    • Japan
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising adoption of cloud-based managed security services (MSS)
• Recent developments in global managed IT infrastructure services industry
• Rising investments by industry verticals to deploy new technologies and solutions

However, the market also witnesses some limitations, which are as follows:

• Lack of IT security professionals
• Concerns over privacy and data security
• Increase in regulations and compliances

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Market Scope in Managed IT Infrastructure Services Market Research Report

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Research Analysis Overview

The Managed IT Infrastructure Services Market encompasses solutions that offer cloud storage, ensuring high availability and cost optimization. Resource optimization, energy efficiency, and "Green IT" are key focus areas. Remote access and monitoring enable management of systems from anywhere. Log management, big data, business intelligence (BI), and data analytics utilize predictive, prescriptive analytics, and data visualization. Automation tools, configuration management, monitoring, and security ensure compliance with frameworks like PCI DSS and data governance.

Market Research Overview

In the Managed IT Infrastructure Services Market, key inputs include cloud computing solutions, data center facilities, server management, network security, and disaster recovery services from strategic suppliers. Establishing long-term relationships and implementing advanced inventory management systems are crucial for effective sourcing and collection of these operational data inputs. Companies conduct thorough evaluations of potential data sources based on cost, coverage, and quality, maintaining an inventory of both data sources and associated metadata to optimize business operations.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Website: www.technavio.com/