Managed services are the type of outsourcing services which provide customer benefit like business focus on core competencies, reduce expenses, and improvement of operational efficiency. These services offer various solutions to the customers including managed security, managed information, managed communication and others.
Information and communication technologies will go through a continuous evolution due to dependence on hi-speed Internet and availability of smartphones and other smart devices. The information and communication technology (ICT) sector is likely to forge ahead due to continuous investments for developing networking technologies and software. Large rate of employment, as well as its role in hiking up the GDP of countries, is an indicator of its success. The high rate of chip manufacturing combined with the presence of branches of software conglomerates in various countries, can augur favorably for the sector.
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Increase in adoption of managed services in APAC region is key driving factor which is expected to boost the APAC managed services market growth. Furthermore, increase in technological advancements in cloud based technologies and technological proliferations will have the positive impact on market growth. Also, increase in demand for outsourcing management functions from cloud and managed services providers will drive the market growth during this forecast period.
Managed services are helpful in improvement of operational efficiency, reducing efficiency, and business focus on core competencies. Also, increase in, technological advancements such as big data analytics, cloud computing, and mobility services will drive the market growth.
Growing integration and regularity issues and reliability concerns of new technology which are challenging factors expected to obstruct the market growth. Also, rise in pressure from statutory regulations across the world expected to hinder the market growth. Additionally, lack of sales and marketing staff, training, and cyber security will hamper the market growth.
APAC Managed Services Market is segmented into type such as Managed Data Center, Managed Security, Managed Communication, Managed Network, Managed Infrastructure, and Managed Mobility, by deployment such as Hosted or Cloud Based, and On-Premise, by organization size such as Small and Medium Size Enterprises, and Large Enterprises. Further, market is segmented into vertical such as BFSI, Healthcare, Manufacturing, Retail, Telecom & IT, and Others.
Also, APAC Managed Services Market is categorized into various countries such as China, Japan, India, Taiwan, Thailand, South Korea, Indonesia, Singapore, Philippines, Vietnam, Hong Kong, Malaysia, Australia, and New Zealand
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The primary research procedure is based on results of face to face interviews with industry experts and consumers. The secondary research process includes an intricate study of the scholarly journals and reports available online.
Market Key Players
Various key players are discussed in this report such as IBM Corporation, HP, Dell SecureWorks, Symantec Corp., Cisco Systems, Inc., Computer Science Corp., Fortinet, Inc., AT&T, and BT Group
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