Technology
Managed Services Market to Grow by USD 217 Billion (2025-2029), Boosted by Increased Adoption of IoT Solutions, with AI Redefining the Market Landscape – Technavio
Published
2 years agoon
By
NEW YORK, Jan. 31, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global managed services market size is estimated to grow by USD 217 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 11.3% during the forecast period. Increased adoption of IoT solutions is driving market growth, with a trend towards advent of big data and analytics services. However, data privacy and security risks in cloud-based services poses a challenge. Key market players include Accenture PLC, ALE International, Amazon.com Inc., Atos SE, BMC Software Inc., Capgemini Services SAS, Cisco Systems Inc., Cloudticity LLC, Cognizant Technology Solutions Corp., DXC Technology Co., Fujitsu Ltd., Google LLC, HCL Technologies Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Infosys Ltd., International Business Machines Corp., Lumen Technologies Inc., NEC Corp., NTT DATA Corp., Telefonaktiebolaget LM Ericsson, and Verizon Communications Inc..
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Managed Services Market Scope
Report Coverage
Details
Base year
2024
Historic period
2019 – 2023
Forecast period
2025-2029
Growth momentum & CAGR
Accelerate at a CAGR of 11.3%
Market growth 2025-2029
USD 217 billion
Market structure
Fragmented
YoY growth 2022-2023 (%)
10.6
Regional analysis
North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution
North America at 37%
Key countries
US, China, India, Canada, Germany, Japan, UK, South Korea, France, and Italy
Key companies profiled
Accenture PLC, ALE International, Amazon.com Inc., Atos SE, BMC Software Inc., Capgemini Services SAS, Cisco Systems Inc., Cloudticity LLC, Cognizant Technology Solutions Corp., DXC Technology Co., Fujitsu Ltd., Google LLC, HCL Technologies Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Infosys Ltd., International Business Machines Corp., Lumen Technologies Inc., NEC Corp., NTT DATA Corp., Telefonaktiebolaget LM Ericsson, and Verizon Communications Inc.
Market Driver
Managed Services Market: Trends and Opportunities The Managed Services Market is experiencing significant growth, driven by various trends in technology. Cloud computing is a major trend, with businesses increasingly adopting cloud-based technologies for operational efficiency and cost savings. Cybersecurity is another key trend, as businesses seek to protect their data and IT infrastructure from cyber threats. Data management is also a significant trend, with the rise of big data and the need for businesses to effectively manage and analyze their data. Artificial intelligence (AI) and automation are also popular trends, as they help businesses improve productivity and reduce costs. MSPs (Managed Service Providers) are in high demand, offering services such as network and communication collaboration, mobility, information, application testing, and cloud platform management. The Internet of Things (IoT) is also driving growth in the market, with the need for endpoint management solutions and managed network services. Industries such as retail & consumer goods, healthcare & life sciences, energy & utilities, media & entertainment, and IT services are all investing in managed services to support their digital transformation. IT security professionals are in high demand to help businesses protect their data and IT infrastructure from cyber threats. Cloud-based solutions, such as Software-as-a-Service (SaaS), are becoming increasingly popular, as they offer flexibility and scalability. Hybrid work models are also driving demand for managed services, as businesses look for ways to support their remote workforces. The market for managed services is expected to continue growing, with a focus on industry requirements and consumer needs. IoT technologies, such as robotics and optical instruments, are also expected to drive growth in the market. However, businesses must also be aware of the privacy protection challenges associated with managed services and ensure they are working with trusted providers. Aeries Technology offers a range of managed services, including network infrastructure management, server & device management, computer & helpdesk support, and managed security services. Our team of skilled resources can help businesses improve their operational efficiency, protect their data, and meet their industry requirements. Contact US today to learn more.
Firms are leveraging analytics services to convert unstructured data from multiple online sources into valuable structured information. Advanced analytical tools like predictive analytics are used to identify patterns in business and consumer behavior. Industries such as finance, telecommunications, and healthcare have benefited from these insights to make informed decisions at the organizational level, enhancing customer service. With the proliferation of data centers and technology, businesses are recognizing the importance of analyzing and utilizing data promptly to gain a competitive edge in cost and time.
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Market Challenges
Managed Services Market: Overcoming Challenges in Cloud Computing, Cybersecurity, and More Businesses today face numerous challenges in their IT operations, from cloud computing and cybersecurity to data management and digital transformation. Managed Service Providers (MSPs) offer solutions to help companies navigate these complexities. In the cloud era, MSPs provide managed IT services, network services, communication collaboration services, mobility services, information services, application testing, and cloud platform management. Retail & consumer goods, healthcare & life science, energy & utilities, media & entertainment, and other industries require IT security professionals to ensure data security and privacy protection. MSPs help businesses implement cloud-based technologies like AI, IoT, Blockchain, and SaaS, addressing industry requirements and consumer needs. They offer managed network services, managed data center services, managed security services, endpoint management solutions, project & portfolio management, and agile approaches. However, challenges persist. Cyber threats targeting cloud-based solutions and IoT devices require constant monitoring and AIOps analytics. Large enterprises need front-end monitoring, ADTD, and DevOps teams to maintain operational efficiency. Hybrid work models demand skilled resources for IT operations, network infrastructure, server & device management, and computer & helpdesk support. Aeries Technology, specializing in managed services, helps businesses tackle these challenges by providing a comprehensive suite of services, ensuring business productivity, application testing, and IT operations. With expertise in AI, ML, IT security, and IT infrastructure, Aeries Technology is your trusted partner for digital transformation.Cloud-based managed services have gained popularity among businesses due to their cost-effectiveness and flexibility. However, data privacy and security concerns are significant barriers to adoption, particularly in the public cloud. Cloud security management is a complex task for vendors, as online digital files require protection against unauthorized access to the cloud-based IT infrastructure. The public cloud infrastructure, which supports multiple tenants and applications, is more susceptible to vulnerabilities due to the intricacies of open-source code used in its construction. These code patchworks can introduce flaws to cloud systems, increasing the risk of cyberattacks. Organizations must carefully evaluate cloud security measures before transitioning to managed services to mitigate these risks.
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Segment Overview
This managed services market report extensively covers market segmentation by
Type 1.1 MDS1.2 MNS1.3 MSS1.4 MMS1.5 OthersDeployment 2.1 Cloud2.2 On-premisesGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa
1.1 MDS- The Managed Data Services (MDS) segment dominates the global managed services market due to growing demand from sectors like IT, banking, financial services and insurance (BFSI), education, healthcare, and retail. SMEs in emerging countries such as China, India, Brazil, Indonesia, and Mexico drive the demand for MDS due to the need for cost-effective, reliable storage systems. MDS offers pay-per-use infrastructure, providing similar functionalities as standard data centers but through a managed service platform. The rise in digital data and focus on data security have increased the demand for cloud MDS, which reduces data theft chances and enhances processing power. Key growth drivers include the increasing number of smart connected devices, educational data from online courses, handheld devices, and data analytics for informed business decisions. The MDS market is expected to witness significant growth due to increasing data center implementation by large organizations and cost savings from adopting MDS over building in-house data centers.
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Research Analysis
The Managed Services Market is experiencing significant growth due to the increasing adoption of cloud computing, IoT devices, and digital transformation in various industries. Businesses are seeking Managed Service Providers (MSPs) to manage their IT infrastructure, ensuring operational efficiency and security. Cloud-based technologies, including platforms and applications, are becoming the norm, leading to a higher demand for managed IT services and professional services. Cybersecurity is a top priority, with IT security professionals focusing on data security and application testing to protect against threats. AI and automation are also key areas of investment, with AIOps analytics and ADTD helping to improve front-end monitoring and incident response. Industry requirements and consumer needs are driving the adoption of IoT technologies and cloud-based solutions, while hybrid work models continue to challenge organizations to maintain security and productivity. Blockchain is also gaining traction in the market, offering enhanced security and transparency for data management.
Market Research Overview
The Managed Services Market is witnessing significant growth due to the increasing adoption of cloud computing, cybersecurity, data management, artificial intelligence, automation, and IoT devices in various industries. These technologies are transforming the way businesses operate, leading to the need for Managed Service Providers (MSPs) to offer managed IT services, professional services, and digital transformation solutions. MSPs provide a range of services including network service, communication collaboration service, mobility service, information service, application testing, cloud platform, and managed IT services to ensure business productivity and operational efficiency. They offer cloud-based technologies and IoT solutions to help businesses manage their hybrid work models and address industry requirements and consumer needs. Cybersecurity and data security are critical concerns for businesses, and MSPs offer managed security services, endpoint management solutions, and privacy protection to mitigate cyber threats. The healthcare & life sciences, retail & consumer goods, energy & utilities, media & entertainment, and other industries are adopting managed services to improve their IT operations, network infrastructure, and server & device management. MSPs also offer IT operations services, project & portfolio management, agile approaches, and front-end monitoring to help businesses stay competitive and adapt to the latest industry trends. With the increasing use of AI, ML, SaaS, big data, and other cloud-based solutions, MSPs are providing skilled resources and expertise to help businesses leverage these technologies for growth and innovation.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
TypeMDSMNSMSSMMSOthersDeploymentCloudOn-premisesGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio
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Real Life-Size Human Anatomy in Your Hands with Anatomage Replica
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SANTA CLARA, Calif., Sept. 3, 2026 /PRNewswire/ — Anatomage Inc., a leader in medical visualization and education technology, today announced the launch of Anatomage Replica, a new line of 3D printed physical anatomy models based on real cadaver data. Designed to complement the company’s exclusive real-human-based digital anatomy, Anatomage Replica provides access to highly accurate, durable physical anatomy models that can be explored repeatedly in the classroom, cadaver lab, and clinical training environments.
Cadaver dissection remains an important component of medical education, giving students direct experience with real human anatomy; however, dissection is inherently a destructive and finite process, and structures cannot simply be restored or kept for repeated reference. Therefore, educators have long relied on tools like dry skulls and anatomy models to provide students with anatomy they can revisit throughout their studies.
Plastinated models, a more detailed alternative, use specially preserved real human tissues to create dry, durable anatomical specimens that can be handled and studied. However, while plastination can preserve intricate anatomical details, these specimens can be fragile, expensive, and visually different from living or freshly preserved anatomy, with some specimens relying on painted or altered coloration to distinguish structures. The provenance and ethical sourcing of human specimens can also raise questions when individual anatomical parts are separated for commercial distribution.
Anatomage Replica was developed to provide a better approach. Derived from the real-human-based anatomy represented in the Anatomage Table, Replica transforms Anatomage’s highly detailed cadaver data into physical models using 3D printing technology. The Anatomage Table is well-known for delivering the most accurate and complete real human anatomy, with fully volumized digital bodies derived from real cadaver slices as well as highly accurate synthetic cadavers.
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The result is a physical representation designed to closely replicate the anatomy students encounter in Anatomage’s digital environment, providing a unified, multi-modal learning experience that connects tactile exploration with digital visualization, helping educators make complex anatomy more accessible, engaging, and memorable. Durable, safe to handle, and reusable, Anatomage Replica brings the anatomy of real human organs into physical models that students can hold and study.
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About Anatomage
Anatomage is a market leader in medical imaging and education technology, transforming traditional learning through continuous innovation. With an ecosystem of medical imaging software and hardware, the company delivers world-class anatomy and physiology content at the highest level of accuracy. Anatomage is committed to enhancing its technologies to transform standard anatomy learning, medical training, treatment planning, as well as revolutionize science education.
Media Contact:
Dr. Jack Choi
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Phone: 1-408-885-1474
Email: info@anatomage.com
www.anatomage.com
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Sins of a Solar Empire II: Harbinger Arrives with the Deadly Eidolon Faction
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Expansion launches along with the free version 2.0 update which includes new units, improved graphics, updated market view, new VO and more
Harbinger Expansion Trailer: https://youtu.be/tTMjpY2LAAs
PLYMOUTH, Mich., Sept. 3, 2026 /PRNewswire/ — Stardock today released the first expansion for Sins of a Solar Empire II, Harbinger. The new DLC adds the long-awaited fourth faction to the Sins universe, giving a face to the great enemy that’s chased the Vasari for 10,000 years. The expansion is available now on Steam, Epic Games Store, and direct through Stardock with a launch discount price of $23.99. Shipping alongside Harbinger is a free version 2.0 update for every Sins of a Solar Empire II owner.
The Eidolon
Fighting for planets, trade routes, culture, or wealth is not the Eidolon way. Working behind the scenes, the Eidolon spread corruption wherever they go. Their technology shrouds entire worlds to fuel their advance, and they strike from the shadows with cloaked fleets, forcing every other empire to fight for survival on unfamiliar terms.
Expansion Features
The Eidolon rewrite the rules of galactic conquest with systems built around corruption, secrecy, and control:
Planetary Transformation: The Eidolon spread corruption across the galaxy to empower themselves and their worlds. As populations fall under the Eidolon’s influence, their planets gain corruption over time. Once a world has fully fallen, it can be shrouded, greatly expanding the upgrades that planet can support.
Unit Corruption: Corruption empowers Eidolon units in combat as well as weakens them. As an Eidolon ship gains corruption, its hull dwindles while its offensive power increases. Enemy forces can become infected by corruption, giving the Eidolon another advantage.
Null Weapons: Eidolon weapons are far more advanced than the other factions, and can negate shields and spread corruption against enemies.
Cloaked Ships: Subterfuge is one of the sharpest weapons of a great enemy, as on the Kalizaeth Profaner support capital ship. New cloaking and detection systems let the Eidolon appear and vanish at will, enabling hit-and-run tactics that reward patience and punish anyone caught off guard.
Psionic Abilities: The Eidolon possess psionic abilities that allow them to seize control of lesser beings and drive Vasari ships into madness, firing on friend and foe alike.
Phase Echoes: Sometimes the dead don’t die. Eidolon units infused with corruption may refuse to die and carry on the onslaught.
Version 2.0 Features
Quality of Life UX ImprovementsUpdated Unity quick bar system can now expand and be pinned.Weapon ranges of defense structures are now visible on mouseover and during placement.Market window has been redesigned and now uses price fluctuations with tracking and price history.Improved tooltips that give more information on why you can’t do something.Updated Mod UIRedesigned the Modding UI system to make it easier to browse collections and highlight popular mods.Users can now save playlists of mods and reload them. The game will automatically offer to download mods that aren’t installed.Added more filtering options and various safeguards during installation (e.g., low disk space, etc.).Updated Graphics SettingsNew planetary shaders provide more natural lighting and weather effects.Improved threading system helps prevent crashes or hangs on systems with low texture memory.The game now auto-detects which graphics settings are best for your system.
Sins of a Solar Empire II: Harbinger is now available to play on Steam, Epic Games Store, or direct through Stardock with a launch discount price of $23.99 through September 14 at 1:00 PM ET. The expansion is also included as part of the Premium Edition for $99.99 or as part of the Sins of a Solar Empire II: Content Pass for $59.99. The free v2.0 base-game update has also been released simultaneously to all Sins of a Solar Empire II owners on all platforms. Follow Sins II and learn more at https://www.sinsofasolarempire2.com.
About Stardock Entertainment
Stardock is a pioneer in the strategy gaming genre headquartered in Plymouth, Mich. that has been developing and publishing strategy and simulation games since 1993, starting with the original release of Galactic Civilizations. Stardock’s recent hits include Sins of a Solar Empire, Ashes of the Singularity, Elemental: Reforged, and Offworld Trading Company. Learn more at https://www.stardock.com.
Media Kit:
https://www.sinsofasolarempire2.com/press
Media Contact:
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Stardock_Media@zebrapartners.net
Zebra Partners
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OGA 2026 OPENS WITH STRONGER FOCUS ON MARKET ACCESS, REGIONAL PROJECTS AND ENERGY OPPORTUNITIES
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44 minutes agoon
September 3, 2026By
Joint opening with MOGSEC and EIC strengthens links between Malaysian OGSE capabilities, international project pipelines and growing regional energy opportunities
KUALA LUMPUR, Malaysia, Sept. 4, 2026 /PRNewswire/ — Oil & Gas Asia (OGA) 2026 opened with a stronger focus on market access, project opportunities and cross-border business connections, bringing Malaysian and international energy companies together as the industry responds to shifting demand, supply-chain pressures, technological change and the transition towards more resilient energy systems.
The 22nd edition of OGA, taking place from 2 to 4 September 2026 at the Kuala Lumpur Convention Centre, is co-located with the Malaysian Oil, Gas & Energy Services Exhibition & Conference (MOGSEC) and EIC Connect OGA. Together, the three platforms bring Malaysian OGSE capabilities, international project opportunities, technology, investment and industry expertise into closer contact.
The joint opening was officiated by PETRONAS President and Group Chief Executive Officer Tan Sri Tengku Muhammad Taufik, alongside Informa Markets Malaysia Chairman Tan Sri Abdul Rahman Mamat, Energy Industries Council (EIC) Regional Director, Asia Pacific Syed Saggaf Syed Ahmad, Malaysian Oil, Gas & Energy Services Council (MOGSC) President Zahris Sham Abu Musa and Malaysia Petroleum Resources Corporation (MPRC) President and Chief Executive Officer Mohd Yazid Jaafar.
For Tan Sri Abdul Rahman Mamat, Chairman of Informa Markets Malaysia, the value of OGA lies in bringing companies, capabilities and markets together at a time when the energy industry is undergoing significant change.
“OGA connects businesses with decision-makers, technology providers with potential users, investors with opportunities, and Malaysian companies with regional and international markets. And very often, a conversation that begins here can lead to a partnership, an investment or a new business opportunity,” said Tan Sri Abdul Rahman Mamat.
The commercial potential of such connections was demonstrated at OGA 2025, which attracted more than 33,000 attendees from 81 countries and 2,000 participating brands and companies, generating US$42.17 million in reported potential business for exhibitors.
OGA 2026 is expected to attract more than 30,000 trade attendees, alongside 2,000 participating brands and companies, more than 40 industry speakers and eight international pavilions from Australia, China, Germany, India, Italy, Singapore, South Korea and the United Kingdom. Notably, 35% of exhibitors are new to OGA this year, bringing a wider mix of companies and capabilities to this year’s edition.
The international profile of the event is further strengthened by a new pavilion from Western Australia, bringing additional companies, capabilities and perspectives to OGA. The event is also collaborating with Timor-Leste, strengthening links with an emerging energy market and creating another avenue for cooperation.
The participation of new and international players is supported by PETRONAS, as Corporate Sponsor, and Malaysia Petroleum Resources Corporation (MPRC), as National OGSE Development Partner. For Malaysia’s OGSE sector, stronger regional and international links are increasingly important as companies seek to build capabilities, adopt new technologies and identify new markets.
“For MPRC, being the National OGSE Development Partner at OGA 2026 gives us an opportunity to bring Government and industry closer and move forward together on an important conversation: Not just about where the oil and gas services industry is today, but about where Malaysian companies will find their next source of growth.” said Mohd Yazid Jaafar, President and CEO of MPRC.
That focus on domestic capability is reflected in MOGSEC, which returns for its eighth edition, co-organised with MOGSC. Bringing together emerging companies from Malaysia’s OGSE sector, MOGSEC puts local capabilities in the spotlight, creating opportunities for service providers to showcase their expertise and connect with regional and international stakeholders. Its SME Pavilion further provides a dedicated platform for smaller companies to build connections and pursue new business opportunities.
The international business dimension is strengthened through EIC Connect OGA, delivered in partnership with the Energy Industries Council. The platform brings international energy companies, technology providers and service organisations together to explore project pipelines, market intelligence, investment opportunities and potential partnerships, with a focus on markets including Sabah, Sarawak, Brunei and Indonesia.
Beyond the exhibition floor, OGA’s conference and knowledge programme, including the SPEAK OGA C-Suite Series, brings industry leaders, technical experts and policymakers together to examine market developments, operational efficiency, digital transformation, energy transition, talent development and emerging technologies, with a focus on how businesses are responding to a changing operating environment.
OGA Industry Plus, supported by SBM International Trading FZCO, further expands industry engagement by encouraging broader participation and peer-to-peer networking across the energy community.
Across the three days, OGA 2026 will also host a series of targeted business engagements, leadership roundtables, investment forums, talent sessions and technical dialogues, bringing together stakeholders from specific markets, sectors and communities across the wider energy ecosystem.
The event is supported by industry partners across the energy value chain, including Platinum Sponsors Velesto Energy and EPIC Berhad; Gold Sponsors Octave and ANP; Silver Sponsors Yokogawa, MHH Condition Monitoring Sdn Bhd and Vantris Energy Berhad; General Sponsors ENE Petro Services Sdn Bhd, FPT Corporation, Prometheus Group and KMIRA; and OGA Industry Plus sponsor SBM International Trading FZCO.
OGA 2026 continues at the Kuala Lumpur Convention Centre until 4 September, bringing together the regional energy community for three days of business, industry dialogue and technology showcase.
For more information and visitor registration, visit www.oilandgas-asia.com
Notes to Editors
About Oil & Gas Asia (OGA)
Oil & Gas Asia (OGA) is one of Southeast Asia’s premier platforms for the oil, gas and energy sector. Organised by Informa Markets Malaysia, the exhibition and conference convene policymakers, national and international energy companies, engineering and technology providers, investors and solution partners to explore emerging opportunities, showcase innovation and drive business growth across the energy value chain. As the industry’s leading meeting place for knowledge exchange, investment and technology advancement, OGA supports the development of a resilient, competitive and sustainable energy ecosystem by facilitating market access, strategic partnerships and industry insights that shape the future of energy in Southeast Asia. For more information, visit www.oilandgas-asia.com.
About Informa Markets
Informa Markets creates platforms for industries and specialist markets to trade, innovate, and grow. Our portfolio comprises more than 450 international B2B events and brands across markets, including Healthcare & Pharmaceuticals, Infrastructure, Construction & Real Estate, Fashion & Apparel, Hospitality, Food & Beverage, and Health & Nutrition. We provide customers and partners around the globe with opportunities to engage, experience, and do business through face-to-face exhibitions, specialist digital content, and actionable data solutions. As the world’s leading exhibition organiser, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them thrive 365 days a year. For more information, please visit www.informamarkets.com.
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