The Business Research Company's IT Infrastructure Services Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033

LANDON, GREATER LANDON, UK, June 19, 2024 /EINPresswire.com/ -- The IT infrastructure services market, valued at $93.18 billion in 2023, is projected to grow to $104.45 billion in 2024, reflecting a compound annual growth rate (CAGR) of 12.1%. This growth is driven by initial enterprise adoption of IT infrastructure services, advancements in cloud computing, digital transformation initiatives, and the rapid expansion of data volumes and complexity.

Rapid Growth Driven by Emerging Technologies and Regulatory Landscape
Looking ahead, the IT infrastructure services market is expected to continue its robust growth trajectory, reaching $167.52 billion by 2028, with a CAGR of 12.5%. Factors contributing to this forecasted growth include the increased adoption of hybrid and multi-cloud strategies, heightened focus on sustainability and energy efficiency, evolving regulatory frameworks, and stringent data privacy regulations.

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Major Players Innovate to Maintain Market Leadership
Key companies such as Microsoft Corporation, AT&T Inc., and Dell Technologies Inc. are focusing on developing innovative technologies like Artificial Intelligence for IT Operations (AIOps) to enhance their market positions. For example, NTT Ltd. launched SPEKTRA (Sentient Platform for Network Transformation), integrating AI-driven automation and predictive analytics for autonomous network operations.

Key Trends Reshaping the Market Landscape
In the forecast period, significant trends include the adoption of edge computing architectures, hybrid and multi-cloud strategies, containerization and microservices architectures, and the integration of AI and machine learning capabilities. These trends are pivotal in meeting the evolving demands of digital ecosystems and enhancing operational efficiencies.

Segments:
• Type: Network Management Service, Virtualization Security, Enterprise System Management, IT Security Management, Data Center Visualization Services, Other Types
• Organization Size: Small-Sized Enterprises, Medium-Sized Enterprises, Large-Sized Enterprises
• End-Use Verticals: IT and Telecommunication, Public Sector, Retail Sector, Transportation and Logistics, BFSI, Manufacturing

Geographical Insights: North America Leads, Europe Shows Fastest Growth
North America dominated the IT infrastructure services market in 2023, with Europe anticipated to exhibit the highest growth rate during the forecast period. The comprehensive report provides detailed insights into regional dynamics, market trends, and growth opportunities.

Access the complete report for an in-depth analysis of the global IT infrastructure services market:
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IT Infrastructure Services Global Market Report 2024 from TBRC covers the following information:
1. Market size data for the forecast period: Historical and Future
2. Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
3. Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The IT Infrastructure Services Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on IT infrastructure services market size, IT infrastructure services market drivers and trends, IT infrastructure services market major players, competitors' revenues, market positioning, and market growth across geographies. The IT infrastructure services market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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