TMCnet News
A Number of Key Mergers and Acquisitions will Mark the Global Managed Services Market through 2019: TechNavioTechNavio has announced the publication of a new market research report on the Global Managed Services Market, which is expected to grow at a CAGR of 13.7 percent from 2014-2019. About the Report The latest report by TechNavio pinpoints an emphasis on improving earnings before interest, taxes, depreciation and amortization, as well as reducing operational costs as the motivation behind an increasing number of mergers and acquisitions, along with expansion of services by many companies in the market. "Major industry players like telecom operators are focusing on increasing their operational flexibility in order to meet fluctuating market demands, and managed services help telecom operators stay focused on their core business rather than on the ongoing management of networks and systems," says Faisal Ghaus, Vice President of TechNavio. Furthermore, the report highlights the high adoption of the cloud-based managed services model. The market for managed cloud services for printing in SMEs is expected to grow in the near future. Many end-users prefer cloud-based solutions because of the advantages they offer like reducd costs and ease of installation and operations. "With the growing demand for cloud-based offerings, many vendors in the Global Managed Services Market have started offering cloud-based services," says Ghaus. Key Information Covered in the Report:
TechNavio currently has more than 3000 market research reports on a huge range of topics, including 50+ reports on the managed services market:
If you are interested in more information, please contact our media team at [email protected]. |
