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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 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 Ltd., Hewlett-Packard Co., IBM Corp., and Xerox Corp.

Other vendors mentioned in the report are American Reprographics Co., Canon Inc., CentraComm Communications Ltd., CGI Group Inc., Computer Sciences Corp., Dell Inc., Dell SecureWorks Inc., FishNet Consulting Inc., Getronics, Integralis Inc., Konica Minolta 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 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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