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Research and Markets: Global Managed Services Market 2015-2019 with Accenture, Alcatel-Lucent, AT&T, CSC, Cisco System, EMC, Fujitsu, Hewlett-Packard & IBM DominatingResearch and Markets (http://www.researchandmarkets.com/research/j3ttnv/global_managed) has announced the addition of the "Global Managed Services Market 2015-2019" report to their offering. The Global Managed Services market to grow at a CAGR of 13.7% over the period 2014-2019 Managed services refer to the management of an organization's in-house functions by a third-party MSP. Managed services aid in enhancing operations and cutting organizational expenses. An increase in the complexity of data handling issues, data protection, information security management, setting up of communication networks such as LAN/WAN, and getting mobile services has propelled the growth of the industry. Managed services include services that deal with security, infrastructure, mobility, printing, and other essential functions pertaining to the IT environment. The ever-increasing demand for cloud-based managed services, especially among SMEs is a major trend in the market. Many end-users are preferring cloud-based solutions because of the advantages they offer over traditional service offerings. According to the report, the increased need for operational efficiency to cut down on IT-related expenditure is a major driver that is expected to enhance the market growth. Companies are increasingly focusing on their core competencies and outsourcing their non-core funcions to service providers. Further, the report states that concerns regarding privacy and security, important to both customers and service providers may pose a challenge to the market. With the increase in the adoption of cloud-based offerings, clients are facing challenges like breaches of customer information that could lead to misuse of company data. The Global Managed Services market can be divided into five segments: Managed Datacenter Services, Managed Infrastructure Services, Managed Network Services, Managed Security Services, and Managed Mobility Services. Key Vendors Other Prominent Vendors
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