Managed Infrastructure Services Market worth US$ 203.26 billion by 2030 with a CAGR of 10.0% prophecymarketinsights.com

The report "Global Managed Infrastructure Services Market, By Deployment Type (On-premise and Cloud), By Type (Desktop and Print Services, Servers, Inventory, and Other Types), By End User (BFSI, IT and Telecom, Healthcare, Manufacturing, Retail, and Other End Users), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Trends, Analysis and Forecast till 2030. The global managed infrastructure services market accounted for US$ 79.04 billion in 2020 and is estimated to be US$ 203.26 billion by 2030 and is anticipated to register a CAGR of 10.0%.Technological advancement and proliferation of cloud-based technology is driving growth of the global managed infrastructure services market. Rise in the adoption of digital transformation with cloud and mobility has led to infrastructure modernization. Additionally, increasing need to keep up with the latest technological enhancements has led organizations to opt for infrastructure managed service. Moreover, improved operational efficiency update and cost of outdated hardware is propelling the target market growth. Several benefits are offered by managed infrastructure services such as relentless focus on continuous improvement of business and operational processes being the most significant one. Nevertheless, developing technologies, such as cloud computing and mobility, are rapidly changing the business landscape. For instance, in April 2019, Fujitsu launched its new virtual Desktop-as-a-Service offering to channel partners and service providers in the United Kingdom, as part of its recently launched service provider program.