Data Center Managed Services Market Cover Page

Data Center Managed Services Market

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Data Center Managed Services Market Outlook 2031

The global data center managed services market size was valued at USD 284.89 Billion in 2022 and is anticipated to reach USD 1526.02 Billion by 2031, expanding at a CAGR of 20.5% during the forecast period, 2023 – 2031. Growth of the market is attributed to rising demand for edge computing solutions.

A managed data center is a type of data center model in which the data center is deployed, managed, and monitored by a third-party. These data centers provide services ranging from network services to disaster recovery-managed backup. They can be deployed in the cloud or on-premises. As a result, complete hybrid IT management is achieved. Growth of the market is attributed to increased cyber-attacks and rising risk of data leaks. Replication services are one of the most popular managed services for data protection.

Data Center Managed Services Market Outlook

Data center security teams can eliminate an entire class of cyber-attacks by hardening software binaries. According to enterprise data storage 2018, data storage requirements are expected to increase from 21,000 Exabyte in 2018 to 32,000 Exabyte’s during forecast period. This necessitates businesses to take precautions to ensure the integrity and authenticity of data.

Data Center Managed Services Market Trends and Opportunities

  • Increasing demand from BFSI is projected to drive the market.
  • Rising edge computing solutions has fueled the market.
  • High cost of installation and timely maintenance is estimated to hinder the market growth.
  • Development of managed data center might create immense opportunities for the market players.

Scope of Data Center Managed Services Market Report

The report on the global data center managed services market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Data Center Managed Services Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (Managed Storage, Managed Hosting, and Managed Collocation), Applications (BFSI, Energy, Healthcare, Manufacturing, Retail, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Fujitsu Ltd, Cisco Systems Inc., Dell EMC, IBM Corporation, AT&T Corporation

Data Center Managed Services Market Segment Insights

The managed storage segment is anticipated to hold a major market share

Based on types, the global data center managed services market is segregated into managed storage, managed hosting, and managed collocation. In 2020, the managed data center segment held the major market share of more than 15%. Growth of the segment is attributed to continued integration of cutting-edge technologies into existing and new business infrastructures.

Managed data center services in a hybrid IT infrastructure have the potential to help optimize business operations by improving business automation and strengthening business management. Increased cyber-attacks are expected to drive the adoption of managed security services. In addition, managed security services are widely used in enterprise operations to protect sensitive data.

Global Data Center Managed Services Market Types Segmentation

The BFSI segment is anticipated to expand during the forecast period

On the basis of applications, the global data center managed services market is segregated into BFSI, energy, healthcare, manufacturing, retail, and others. In 2020, the financial services segment held the major market share. Financial institutions are turning to managed services to discourse a variety of issues, such as dealing with technological advances, market and regulatory changes, and a looming shortage of resources with expertise in the latest technologies.

Global Data Center Managed Services Market Application Segmentation

The market in North America is projected to hold a major market share

In terms of regions, the global data center managed services market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America dominated the global market in 2020. The strong emphasis on reducing operational costs by IT companies in the United States, particularly in the aftermath of the pandemic's outbreak, has encouraged them to adopt various managed services to improve operational efficiency.

To remain competitive in the face of ongoing digitalization, businesses in the United States are increasingly relying on managed service providers (MSPs), mostly IT support services.

Segments

The global data center managed services market is segmented on the basis of

Types

  • Managed Storage
  • Managed Hosting
  • Managed Collocation

Applications

  • BFSI
  • Energy
  • Healthcare
  • Manufacturing
  • Retail
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

Competitive Landscape

The major players in the data center managed services market share include Fujitsu Ltd, Cisco Systems Inc., Dell EMC, IBM Corporation, and AT&T Corporation.

Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.

Data Center Managed Services Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Data Center Managed Services Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Data Center Managed Services Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Data Center Managed Services Market - Supply Chain
  4.5. Global Data Center Managed Services Market Forecast
     4.5.1. Data Center Managed Services Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Data Center Managed Services Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Data Center Managed Services Market Absolute $ Opportunity
5. Global Data Center Managed Services Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Data Center Managed Services Market Size and Volume Forecast by Types
     5.3.1. Managed Storage Managed Hosting Managed Collocation
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Data Center Managed Services Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Data Center Managed Services Market Size and Volume Forecast by Applications
     6.3.1. BFSI Energy Healthcare Manufacturing Retail Others
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Data Center Managed Services Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Data Center Managed Services Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Data Center Managed Services Demand Share Forecast, 2019-2026
8. North America Data Center Managed Services Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Data Center Managed Services Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Data Center Managed Services Market Size and Volume Forecast by Types
     8.4.1. Managed Storage Managed Hosting Managed Collocation
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Data Center Managed Services Market Size and Volume Forecast by Applications
     8.7.1. BFSI Energy Healthcare Manufacturing Retail Others
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Data Center Managed Services Demand Share Forecast, 2019-2026
9. Latin America Data Center Managed Services Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Data Center Managed Services Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Data Center Managed Services Market Size and Volume Forecast by Types
     9.4.1. Managed Storage Managed Hosting Managed Collocation
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Data Center Managed Services Market Size and Volume Forecast by Applications
     9.7.1. BFSI Energy Healthcare Manufacturing Retail Others
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Data Center Managed Services Demand Share Forecast, 2019-2026
10. Europe Data Center Managed Services Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Data Center Managed Services Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Data Center Managed Services Market Size and Volume Forecast by Types
     10.4.1. Managed Storage Managed Hosting Managed Collocation
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Data Center Managed Services Market Size and Volume Forecast by Applications
     10.7.1. BFSI Energy Healthcare Manufacturing Retail Others
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Data Center Managed Services Demand Share Forecast, 2019-2026
11. Asia Pacific Data Center Managed Services Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Data Center Managed Services Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Data Center Managed Services Market Size and Volume Forecast by Types
     11.4.1. Managed Storage Managed Hosting Managed Collocation
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Data Center Managed Services Market Size and Volume Forecast by Applications
     11.7.1. BFSI Energy Healthcare Manufacturing Retail Others
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Data Center Managed Services Demand Share Forecast, 2019-2026
12. Middle East & Africa Data Center Managed Services Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Data Center Managed Services Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Data Center Managed Services Market Size and Volume Forecast by Types
     12.4.1. Managed Storage Managed Hosting Managed Collocation
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Data Center Managed Services Market Size and Volume Forecast by Applications
     12.7.1. BFSI Energy Healthcare Manufacturing Retail Others
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Data Center Managed Services Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Data Center Managed Services Market: Market Share Analysis
  13.2. Data Center Managed Services Distributors and Customers
  13.3. Data Center Managed Services Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Fujitsu Ltd Cisco Systems Inc. Dell EMC IBM Corporation AT&T Corporation

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