The Europe managed infrastructure services market is expected to experience significant growth in the coming years, with a projected Compound Annual Growth Rate (CAGR) of 11.2%. This growth can be attributed to the increasing adoption of managed services in Europe’s traditional channel landscape. Managed services are gaining traction due to the benefits they offer through partnerships with Managed Service Providers (MSPs).
One of the fastest-growing segments in the European MSP space is managed cloud services. This growth is driven the focus on remote connection access, data security, and swift data recovery solutions. While AWS currently holds a leading share of the market, other vendors like Tata Consultancy Services are also making their presence felt in the region.
Digitization and internet-based products and services are playing a significant role in creating favorable conditions for the growth of small and medium enterprises (SMEs) in Europe. These businesses are increasingly turning to managed infrastructure service providers to access standardized and cost-efficient services. By doing so, they can focus on their core business while minimizing risks and gaining access to new technologies.
In terms of market share, server and storage solutions hold a significant portion, with managed desktop services also gaining momentum. Businesses are adopting managed desktop services to address escalating print costs. For example, Microsoft’s Managed Desktop service has seen increased adoption, with Computacenter being among the first global partners for this offering.
The COVID-19 pandemic has further accelerated the demand for managed cloud services in Europe. Government regulations and lockdown measures have compelled businesses to adopt cloud-based solutions and facilitate remote working. This has further highlighted the importance of managed infrastructure services in ensuring business continuity and operational efficiency.
The Europe Managed Infrastructure Services Market is highly fragmented, with key players continuously innovating their solutions and launching new services to cater to market growth. For instance, Dell Technologies collaborated with Wind River to introduce a new telecom cloud infrastructure solution, while Fujitsu signed a strategic collaboration agreement with Amazon Web Services (AWS) to accelerate the digital transformation of its clients.
As the digital transformation journey continues, managed infrastructure services are expected to play a critical role in enabling businesses to optimize processes, empower their workforce, and deliver personalized customer experiences. Managed service providers will be instrumental in helping businesses successfully navigate this digital journey.
Overall, the Europe managed infrastructure services market presents a significant growth opportunity driven advancements in cloud technologies, increasing demand for remote services, and the shift towards digitization. As SMEs seek assistance from MSPs to address their unique needs and limited resources, these businesses are expected to contribute a substantial portion of revenues for service providers.
– ResearchAndMarkets.com (Report)
– GlobeNewswire (Original Article)