[March 03, 2014]

Research and Markets: Global Managed IT Services Market 2014-2018: Challenges Explained

Research and Markets (http://www.researchandmarkets.com/research/dhdz52/global_managed_it) has announced the addition of the "Global Managed IT Services Market 2014-2018" report to their offering.

The analysts forecast the Global Managed IT Services market to grow at a CAGR of 9.42 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing need of organizations to shift to an OPEX (News - Alert) model. The Global Managed IT Services market has also been witnessing the increasing demand for cloud-based offerings. However, the lack of transparency of SLAs could pose a challenge to the growth of this market.

Key vendors dominating this space include Fujitsu (News - Alert) Ltd., Hewlett-Pakard Co., IBM Corp., and Xerox Corp.

Other vendors mentioned in the report are American Reprographics Co., Canon (News - Alert) Inc., CentraComm Communications Ltd., CGI Group Inc., Computer Sciences Corp., Dell Inc., Dell SecureWorks Inc., FishNet Consulting Inc., Getronics, Integralis Inc., Konica Minolta (News - Alert) Holdings Inc., Lexmark International Inc., Lockheed Martin Corp., Logica plc, Northrop Grumman Corp., Ricoh Co. Ltd., Solutionary Inc., Symantec Corp., Tata Communications Ltd., Toshiba Corp., Trustwave Holdings Inc., VeriSign (News - Alert) Inc., Wipro Ltd.

Commenting on the report, an analyst from the team said: The cloud-based managed service model is taking off at a tremendous pace now and is expected to be a key trend in this market in the next few years. There appears to be a decent market for managed cloud services at small and mid-market level. Given the advantages of cloud services, many end-users prefer cloud-based solutions. Further, with advantages such as reduced costs, and ease of installation and operations, small and medium-sized businesses find cloud services more useful compared to other traditional service offerings. Thus, with the increasing demand and popularity of cloud-based managed IT offerings, many vendors in the Global Managed IT Services market are offering cloud-based services.

For more information visit http://www.researchandmarkets.com/research/dhdz52/global_managed_it

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