Report ID: SQMIG45D2157
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Managed Services Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Managed Services industry players.
As organizations rapidly adopt cloud computing, virtualized infrastructures, AI-driven tools, and distributed applications, their IT environments become significantly more complex to manage. This complexity overwhelms internal teams, causing configuration errors, security vulnerabilities, slower incident response, and reduced system performance. The lack of specialized skills further intensifies operational challenges. As a result, companies increasingly rely on managed service providers (MSPs) to streamline IT operations through continuous monitoring, automated management, and expert oversight. MSPs help ensure system stability, strengthen security, and optimize performance, enabling businesses to focus on core operations without being hindered by escalating technical demands.
According to SkyQuest Technology “Global Managed Services Market” By Solution (Managed Data Center, Managed Network), By Managed Information Service, By Deployment, By Region - Industry Forecast 2025-2032,” Global managed services market is projected to grow at a CAGR of over 7.1% by 2032, on account of urgent need for automating quantified data. The pressure to reduce operational costs and improve financial predictability drives organizations to adopt managed services as a strategic cost-saving approach. Traditional IT models require heavy capital expenditure on hardware, software, upgrades, and specialized staff, which becomes financially unsustainable for many businesses.
|
Company |
Est. Year |
Headquarters |
Revenue |
Key Services |
|
Accenture |
1989 |
Dublin, County Dublin |
USD 64.9 billion (2024) |
Cloud managed services, cybersecurity management, application management, infrastructure operations, digital workplace services, data & AI operations |
|
IBM |
1911 |
Armonk, New York |
USD 62.753 billion (2024) |
Hybrid cloud management, cybersecurity services, infrastructure outsourcing, application management, network services, AI-driven IT operations |
|
DXC Technology |
2017 |
Ashburn, Virginia |
USD 13.7 billion (2024) |
IT infrastructure management, cloud and platform services, security operations, workplace and mobility services, application maintenance, analytics operations |
|
Cognizant |
1994 |
Teaneck, New Jersey |
USD 19.7 billion (2024) |
Cloud operations, digital infrastructure management, application lifecycle management, security managed services, data platform operations, business process services |
|
Infosys |
1981 |
Bengaluru, Karnataka |
USD 18.56 billion (2024) |
Cloud and infrastructure management, cybersecurity operations, application support, digital workplace services, network management, AI-powered automation services |
|
Tata Consultancy Services |
1968 |
Mumbai, Maharashtra |
USD 29.08 billion (2024) |
IT infrastructure services, cloud management, cybersecurity operations, application management, network services, digital workplace solutions |
|
Capgemini |
1967 |
Paris, Île-de-France |
USD 24 billion (2024) |
Cloud managed services, application management, cybersecurity and SOC operations, infrastructure operations, data and AI management, business process outsourcing |
|
Wipro |
1945 |
Bengaluru, Karnataka |
USD 10.4 billion (2024) |
Hybrid cloud management, cybersecurity operations, infrastructure services, network and data center management, digital workplace services, application support |
|
HCLTech |
1976 |
Noida, Uttar Pradesh |
USD 13.3 billion (2024) |
Infrastructure and cloud services, digital workplace operations, cybersecurity management, application lifecycle services, network management, IT automation services |
|
Atos SE |
2000 |
Bezons (near Paris), France |
USD 10.4 billion (2024) |
Cloud and data center services, cybersecurity and SOC operations, digital workplace management, application operations, high-performance computing services, network management |
Accenture is a global leader in consulting, technology, and managed services, helping enterprises modernize operations and accelerate digital transformation. Founded in 1989 and operating in more than 120 countries, the company delivers end-to-end managed services across cloud, cybersecurity, data, applications, and infrastructure. Its managed services portfolio emphasizes automation, AI-driven operations, and continuous optimization to enhance performance and resilience. In recent years, Accenture has expanded its cloud and security capabilities through strategic acquisitions and partnerships, strengthening its position as a trusted provider of scalable, outcome-driven managed services for global businesses.
IBM is a global technology and services powerhouse, widely recognized for its leadership in hybrid cloud, AI, and managed services. Founded in 1911 and headquartered in New York, the company supports enterprises worldwide with end-to-end managed IT operations, including cloud management, cybersecurity, infrastructure outsourcing, and application services. IBM’s managed services leverage automation, analytics, and AI through its Watson and AIOps platforms to improve system reliability and efficiency. In recent years, IBM has strengthened its hybrid cloud strategy through Red Hat integration and strategic partnerships, reinforcing its role as a trusted provider in the global managed services market.
DXC Technology is a leading global IT services and managed services provider, formed in 2017 through the merger of CSC and Hewlett Packard Enterprise’s services division. Headquartered in Virginia, the company supports clients across industries with mission-critical IT operations, including cloud and platform management, cybersecurity services, digital workplace solutions, and application lifecycle management. DXC emphasizes modernization, resilience, and cost optimization through automation and analytics-driven operations. In recent years, the company has strengthened its hybrid cloud and security capabilities, positioning itself as a key partner for enterprises seeking scalable, secure, and efficient managed services worldwide.
Cognizant is a major global provider of IT services and managed services, known for helping enterprises modernize technology and improve operational efficiency. Founded in 1994 and headquartered in New Jersey, the company delivers comprehensive managed services across cloud operations, digital infrastructure, cybersecurity, application management, and data platforms. Cognizant focuses on automation, AI-driven service delivery, and continuous optimization to enhance system performance and reliability. In recent years, the company has expanded its cloud and digital capabilities through targeted acquisitions and partnerships, solidifying its position as a trusted partner for enterprises seeking agile, scalable, and secure managed services worldwide.
Infosys is a global leader in digital services and managed IT operations, recognized for enabling enterprises to modernize technology and enhance operational resilience. Founded in 1981 and headquartered in Bengaluru, the company provides end-to-end managed services across cloud and infrastructure management, cybersecurity, application support, network operations, and digital workplace solutions. Infosys leverages automation, AI-driven monitoring, and its Cobalt cloud platform to deliver scalable, efficient, and secure services. In recent years, the company has strengthened its cloud, AI, and cybersecurity capabilities through strategic investments, positioning itself as a trusted partner for global digital transformation.
Tata Consultancy Services (TCS) is a global technology and managed services leader, renowned for supporting enterprises in modernizing IT operations and driving large-scale digital transformation. Established in 1968 and headquartered in Mumbai, the company delivers comprehensive managed services spanning cloud management, cybersecurity operations, application maintenance, network services, and digital workplace solutions. TCS leverages its Machine First™ Delivery Model (MFDM), automation, and AI-driven platforms to enhance efficiency, resilience, and performance. In recent years, TCS has expanded its cloud and industry-specific managed services through strategic partnerships with major hyperscalers, reinforcing its position as a trusted global IT services provider.
Capgemini is a global leader in consulting, technology, and managed services, recognized for helping enterprises optimize IT operations and accelerate digital transformation. Founded in 1967 and headquartered in Paris, the company offers a broad portfolio of managed services, including cloud operations, application management, cybersecurity and SOC services, digital workplace management, and data and AI-driven operational support. Capgemini emphasizes automation, intelligent operations, and industry-focused solutions to improve efficiency and resilience. In recent years, the company has expanded its cloud, cybersecurity, and AI capabilities through strategic acquisitions and partnerships, strengthening its position as a trusted global managed services provider.
Wipro is a global leader in IT, consulting, and managed services, known for helping enterprises modernize technology and enhance operational efficiency. Founded in 1945 and headquartered in Bengaluru, the company provides a broad range of managed services, including hybrid cloud management, cybersecurity operations, infrastructure services, network and data center management, and digital workplace solutions. Wipro leverages automation, AI-driven service delivery, and its Cloud Studio platforms to strengthen reliability and scalability. In recent years, the company has expanded its cloud, cybersecurity, and digital transformation capabilities through strategic acquisitions, reinforcing its position as a trusted global managed services partner.
HCLTech is a global technology and managed services leader, recognized for delivering scalable, secure, and modernized IT operations to enterprises worldwide. Founded in 1976 and headquartered in Noida, the company provides comprehensive managed services across cloud and infrastructure management, digital workplace operations, application lifecycle support, network services, and cybersecurity. HCLTech leverages its pillars of CloudSMART, automation, and AI-driven operations to enhance reliability, efficiency, and performance. In recent years, the company has strengthened its cloud, engineering, and cybersecurity portfolios through strategic partnerships and acquisitions, solidifying its position as a trusted global managed services provider.
Atos SE is a global leader in digital transformation and managed services, known for delivering secure, efficient, and scalable IT operations to organizations worldwide. Formed in 2000 and headquartered in France, the company provides a wide range of managed services, including cloud and data center management, cybersecurity and SOC operations, digital workplace solutions, application operations, and high-performance computing services. Atos emphasizes automation, AI-enabled monitoring, and strong cybersecurity capabilities to enhance operational resilience. In recent years, the company has advanced its cloud, security, and digital infrastructure offerings through strategic transformations, strengthening its role as a key global managed services provider.
The global managed services market is poised for sustained growth as enterprises confront rising IT complexity, mounting cybersecurity risks, and the need for cost-efficient digital operations. Organizations are increasingly shifting from capital-intensive IT models to flexible, subscription-based services that enhance reliability, scalability, and financial predictability. Market leaders such as Accenture, IBM, TCS, Infosys, Cognizant, and others continue to expand their capabilities through automation, cloud innovation, and AI-driven operations. As digital transformation accelerates across industries, managed service providers will play an even more critical role in delivering secure, resilient, and optimized IT ecosystems that support long-term business competitiveness.
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