How big is the U.S. managed services market?

The U.S. managed services market size was estimated at USD 79.17 billion in 2023 and is expected to reach USD 88.13 billion in 2024.

What is the U.S. managed services market growth?

The U.S. managed services market is expected to grow at a compound annual growth rate of 13.0% from 2024 to 2030 to reach USD 183.47 billion by 2030.

Who are the key players in U.S. managed services market?

Some key players operating in the U.S. managed services market include Aryaka Networks, Inc.; AT&T Inc.; Avaya Inc.; BMC Software, Inc.; Broadcom; CenturyLink; Cisco Systems, Inc.; DXC Technology Company; HCL Technologies Limited; HP Development Company, L.P.; International Business Machines Corporation; ScalePad Software Inc.; Unisys

Which segment accounted for the largest U.S. managed services market share?

The BFSI segment accounted for the largest revenue share of 19.38% in 2023. Financial services organizations increasingly adopt managed services to improve their focus on business resources, streamline IT operations, and enhance their digital transformation journeys.

What are the factors driving the U.S. managed services market?

The adoption of managed services is a part of their efforts to improve their service levels, ease their operational burdens, and proactively monitor resources to reduce the possibilities of any service downtime. Moreover, remote access to enterprise resources is driving demand for managed services in the U.S. market.