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Managed Services Market Size to Reach USD 847.4 Billion by 2033, Fueled by Cloud Transformation, Cybersecurity Demand, and AI-Driven IT Operations

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According to a new report by Grand View Research, Global Managed Services Market Expected to Grow at a CAGR of 9.9% Through 2033 as Enterprises Accelerate Digital Transformation and IT Modernization Initiatives

SAN FRANCISCO, June 15, 2026 /PRNewswire/ — The global managed services market size was valued at USD 401.1 billion in 2025 and is poised for significant expansion over the next decade, with market size projected to reach USD 847.4 billion by 2033, growing at a compound annual growth rate (CAGR) of 9.9% from 2026 to 2033. The market’s growth is being driven by the increasing adoption of cloud computing, rising cybersecurity concerns, growing complexity of enterprise IT environments, and the widespread implementation of artificial intelligence (AI) and automation technologies across industries.

Organizations worldwide are increasingly relying on managed services providers (MSPs) to support critical business operations, optimize IT infrastructure, improve cybersecurity resilience, and reduce operational costs. As businesses continue to navigate evolving technology landscapes, managed services have emerged as a strategic solution that enables enterprises to focus on core business objectives while ensuring reliable, secure, and scalable technology operations.

The growing need for business agility, operational efficiency, and uninterrupted digital experiences is encouraging organizations of all sizes to outsource key IT functions. Managed service providers are responding by expanding their offerings across cloud management, network monitoring, cybersecurity, data center operations, unified communications, and business process outsourcing services.

Digital Transformation Initiatives Continue to Drive Market Expansion

Digital transformation remains one of the most significant catalysts influencing the growth of the global managed services market. Organizations across industries are investing heavily in modern technologies to enhance customer experiences, improve operational efficiency, and gain competitive advantages in increasingly digital economies.

As enterprises modernize legacy systems and transition toward cloud-native environments, the need for specialized expertise and continuous technology management has intensified. Managed service providers help organizations navigate these complex transformations by delivering end-to-end support, strategic consulting, infrastructure optimization, and ongoing operational management.

Businesses are increasingly seeking technology partners capable of supporting hybrid and multi-cloud environments while ensuring performance, compliance, and security. This trend has elevated the role of managed services from a cost-saving measure to a critical component of long-term business strategy.

Furthermore, organizations are recognizing the importance of maintaining scalable and flexible IT ecosystems capable of adapting to rapidly changing business requirements. Managed services enable enterprises to achieve these objectives while minimizing risks associated with technology deployment and management.

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Rising Cloud Adoption Creates Significant Opportunities for Service Providers

The continued migration of enterprise workloads to cloud environments is creating substantial growth opportunities for managed services providers worldwide. As organizations embrace public, private, and hybrid cloud infrastructures, the demand for cloud management services is increasing significantly.

Many enterprises lack the internal resources and expertise necessary to effectively manage complex cloud environments. Consequently, they are turning to managed service providers for assistance with cloud migration, workload optimization, cost management, infrastructure monitoring, and governance.

Cloud-based managed services help organizations improve scalability, accelerate innovation, and enhance operational efficiency while reducing the burden on internal IT teams. These solutions also support business continuity by enabling seamless access to critical applications and data across distributed work environments.

The growing adoption of software-as-a-service (SaaS), infrastructure-as-a-service (IaaS), and platform-as-a-service (PaaS) solutions is expected to further strengthen demand for cloud-focused managed services throughout the forecast period.

Increasing Cybersecurity Threats Accelerate Demand for Managed Security Services

Cybersecurity has become a top priority for organizations worldwide as the frequency and sophistication of cyberattacks continue to rise. Businesses face growing challenges related to ransomware, phishing attacks, data breaches, insider threats, and regulatory compliance requirements.

In response, organizations are significantly increasing investments in managed security services to strengthen their security posture and protect critical business assets. Managed security service providers offer continuous threat monitoring, incident response, vulnerability management, endpoint protection, and security operations center (SOC) capabilities.

The shortage of skilled cybersecurity professionals has further amplified the demand for outsourced security expertise. Managed security services allow organizations to access advanced technologies, specialized talent, and round-the-clock monitoring capabilities without making substantial investments in internal security infrastructure.

As regulatory frameworks continue to evolve and data protection requirements become more stringent, businesses are expected to increasingly rely on managed security providers to maintain compliance and mitigate cyber risks.

AI and Automation Transform the Managed Services Landscape

Artificial intelligence and automation technologies are reshaping the managed services industry by enabling providers to deliver more efficient, proactive, and intelligent services.

AI-powered monitoring systems can identify anomalies, predict potential failures, and automate routine operational tasks, reducing downtime and improving service quality. Automation also helps organizations streamline workflows, optimize resource utilization, and accelerate issue resolution.

Managed service providers are integrating machine learning algorithms, predictive analytics, and intelligent automation platforms into their service portfolios to enhance operational efficiency and deliver greater value to clients.

The adoption of AI-driven IT operations, commonly referred to as AIOps, is expected to become increasingly widespread as enterprises seek to improve infrastructure performance and reduce manual intervention in technology management processes.

These technological advancements are not only improving service delivery but also enabling providers to develop innovative solutions tailored to evolving customer requirements.

Large Enterprises Continue to Lead Market Adoption

Large enterprises account for a significant share of the managed services market due to their extensive technology infrastructures, complex operational requirements, and global business footprints.

These organizations often manage large volumes of data, multiple cloud environments, and diverse application ecosystems that require continuous monitoring and maintenance. Managed services help large enterprises maintain operational continuity while optimizing costs and improving efficiency.

Additionally, multinational corporations frequently rely on managed service providers to support global operations, ensure compliance across jurisdictions, and maintain standardized service levels across geographically dispersed locations.

As digital transformation initiatives continue to expand, large organizations are expected to increase their reliance on strategic managed services partnerships to support long-term growth and innovation objectives.

Small and Medium-Sized Businesses Increasingly Embrace Outsourced IT Services

Small and medium-sized enterprises (SMEs) are emerging as an important growth segment within the managed services market. Many SMEs face challenges related to limited IT budgets, resource constraints, and difficulties attracting specialized technology talent.

Managed services offer these businesses access to enterprise-grade technology expertise and infrastructure without requiring significant capital investments. Outsourcing IT operations allows SMEs to focus on business development, customer engagement, and revenue generation while benefiting from reliable and secure technology environments.

Cloud-based managed services are particularly attractive to SMEs due to their flexibility, scalability, and cost-effectiveness. As digital adoption accelerates among smaller organizations, demand for managed services is expected to increase steadily.

BFSI Sector Remains a Key Revenue Contributor

The banking, financial services, and insurance (BFSI) sector continues to represent one of the largest end-use industries within the managed services market.

Financial institutions are undergoing rapid digital transformation as they seek to enhance customer experiences, strengthen security frameworks, and comply with evolving regulatory requirements. Managed service providers support these initiatives by delivering infrastructure management, cybersecurity services, cloud solutions, and business continuity capabilities.

The increasing adoption of digital banking platforms, mobile payment solutions, AI-powered customer service applications, and advanced analytics tools is creating additional demand for managed services within the BFSI sector.

Given the highly regulated nature of financial services, organizations often rely on experienced managed service providers to ensure compliance while maintaining operational efficiency and resilience.

North America Maintains Market Leadership While Emerging Regions Gain Momentum

North America continues to dominate the global managed services market, supported by advanced technology infrastructure, strong cloud adoption rates, and the presence of leading technology vendors and service providers.

The region’s mature digital ecosystem and high levels of enterprise technology spending have contributed significantly to market growth. Organizations across sectors such as healthcare, finance, government, manufacturing, and telecommunications are increasingly adopting managed services to optimize operations and enhance cybersecurity.

Meanwhile, emerging economies across Asia-Pacific, Latin America, and the Middle East are experiencing growing demand for managed services as businesses accelerate digital transformation efforts. Expanding internet connectivity, cloud adoption, and government-led digitization initiatives are creating new opportunities for service providers in these regions.

As enterprises in developing markets continue to modernize their technology infrastructures, managed services adoption is expected to increase substantially.

Browse more Managed Services Industry Research Report by Grand View Research

Future Outlook: Managed Services Become Central to Enterprise Technology Strategies

The future of the managed services market will be shaped by ongoing advancements in cloud computing, cybersecurity, artificial intelligence, edge computing, and data analytics. Organizations are increasingly seeking strategic technology partners capable of delivering comprehensive, outcome-based solutions that align with broader business objectives.

Managed services providers are expected to expand their capabilities beyond traditional IT management by offering integrated solutions that support innovation, resilience, and digital growth. The convergence of AI, automation, and cloud technologies will enable providers to deliver more predictive, proactive, and personalized services.

As businesses continue to prioritize operational efficiency, cybersecurity readiness, and digital transformation, managed services are expected to become an indispensable component of enterprise technology ecosystems worldwide.

With organizations facing increasing pressure to innovate while controlling costs and mitigating risks, the global managed services market is positioned for sustained growth throughout the forecast period, creating significant opportunities for technology providers, service vendors, and enterprises across industries.

About the Global Managed Services Market

Managed services encompass a broad range of outsourced technology functions, including infrastructure management, network monitoring, cybersecurity, cloud management, data center services, communications support, backup and disaster recovery, and business process outsourcing. These services enable organizations to improve performance, strengthen security, enhance scalability, and achieve long-term operational excellence while focusing on their core business priorities.

To learn more about growth opportunities in the managed services market, access the full report from Grand View Research

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Explore Grand View Consumer Insights Platform – The GVR Consumer Insights Platform combines data from our Global Voice of Consumer Survey — capturing real, evolving consumer sentiment and behavior. Get transparent, periodic insights across lifestyles, media habits, brand perceptions, and purchase triggers to fuel data-backed strategies.

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Grand View Research, Inc.

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Roofing Restoration Expert Travis Frees Explains Roof Repair vs. Replacement in HelloNation

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34 minutes ago

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September 10, 2026

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The Article Outlines Warning Signs That Help Homeowners Determine Whether Roof Repair or Replacement Is the More Practical Long-Term Solution.

READING, Pa., Sept. 10, 2026 /PRNewswire/ — What signs show whether a homeowner needs roof repair or roof replacement? HelloNation published an article featuring insights from Roofing Restoration Expert Travis Frees that answers this question.

The article explains that deciding between roof repair vs. replacement depends on several parts of a roofing system. Roof age, the extent of damage, and whether problems are isolated or widespread can all affect the decision. A professional inspection should consider shingles, flashing, valleys, pipe boots, attic ventilation, and decking, not just visible damage.

Storm damage is a common roofing concern in Reading and Berks County. The article notes that high winds, hail, and falling tree limbs can leave shingles missing or expose roofing materials. When damage is limited to a small area and surrounding shingles remain secure, targeted roof repair may provide sufficient protection.

The HelloNation article explains that widespread storm damage can look different. Shingles that repeatedly lift during windstorms, crack during handling, or become brittle may indicate aging materials. When deterioration affects larger portions of the roofing system, roof replacement may offer a more dependable solution than repeated repairs.

Granule loss is another warning sign the article discusses. Asphalt shingles naturally lose some granules over time, but excessive buildup in gutters can indicate advanced wear. As shingles lose their protective surface, they become more vulnerable to moisture, ultraviolet exposure, and further deterioration.

The article also identifies curling edges, cracked shingles, faded surfaces, and bald spots as signs of aging materials. Isolated problems may still be repairable, while widespread wear can indicate that the roofing system is approaching the end of its expected service life.

Roof age is another important consideration when comparing roof repair vs. replacement. According to the article, many asphalt shingle roofs last approximately 20 to 25 years. Actual lifespan can vary based on installation quality, ventilation, maintenance, and exposure to local weather conditions.

Interior warning signs can also reveal problems that are difficult to see from outside. Water stains on ceilings or walls may result from flashing failures, damaged pipe boots, or minor shingle damage. The article explains that repeated leaks in multiple rooms can point to broader roofing system failure.

Roofing Restoration Expert Travis Frees is also featured in the article’s discussion of problems beneath the roof surface. Poor attic ventilation can trap heat and moisture, contributing to warped decking, mold growth, and premature shingle deterioration. The article notes that a thorough inspection should evaluate attic conditions, ventilation, drainage patterns, and flashing details.

For older roofs, repeated repairs may temporarily address leaks while deterioration continues elsewhere. The article explains that homeowners should receive guidance based on the roof’s actual condition. Recommend proper repairs when they can realistically solve the problem, while widespread deterioration or recurring leaks may make replacement more practical.

The article concludes that homeowners in Reading and Berks County should watch for missing shingles, granule loss, water stains, storm damage, and attic ventilation problems. A professional inspection can help determine whether repairs are sufficient or replacement offers the more practical long-term approach.

Do You Need Roof Repair or Roof Replacement in Reading, PA? features insights from Travis Frees, Roofing Restoration Expert of Reading, Pennsylvania, in HelloNation.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

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Hivelocity Launches Gaming Bundle for Studios’ Always-On Infrastructure

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September 10, 2026

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Dedicated bare metal infrastructure for build pipelines, production backends, and live game servers with predictable pricing for sustained workloads.

TAMPA, Fla., Sept. 10, 2026 /PRNewswire/ — Hivelocity, an infrastructure-as-a-service provider of bare-metal dedicated servers, colocation, and virtualized cloud solutions, today announced the Hivelocity Gaming Bundle.

Built for studios running live service titles and platforms, the bundle pairs single-tenant dedicated hardware with predictable, steady-state pricing and direct control over how game workloads are deployed and operated. It gives game studios, game-server orchestration platforms, and gaming security vendors a clear path to running build pipelines, production backends, and match-server fleets without paying cloud rates for elasticity their servers never use, and without handing off the orchestration they need to control.

The bundle is built around three common areas of game infrastructure:

Engineering Compute supports the development work behind modern games, including build farms, continuous integration pipelines, asset processing, testing environments, and other workloads that consume compute for long periods of time.

Production Compute runs the backend services players depend on every day, including account systems, authentication, progression, leaderboards, in-game commerce, telemetry, and matchmaking services.

Live Service Compute is designed for the latency-sensitive core of live games, including match servers, persistent world-state systems, voice services, and anti-cheat infrastructure. These workloads depend on consistent CPU performance, fast local storage, and network paths that can support a reliable player experience.

Game studios are taking a harder look at where public cloud fits, and where it starts to work against the economics of a live service business. Public cloud can be useful for burst capacity, GPU-heavy workloads, and development flexibility, but many live service workloads run continuously. Match servers, backend services, leaderboards, and telemetry systems often operate around the clock, and dedicated infrastructure can offer a more predictable cost model and greater operational control.

For content-heavy titles, bandwidth can also become a major cost driver. Large game patches, seasonal updates, and new releases can move massive volumes of data in a short period of time. Hivelocity’s Gaming Bundle is built to support sustained traffic with high-capacity network options, including 10 Gbps unmetered ports for appropriate workloads.

“Hivelocity’s Gaming Bundle is built for studios that want more control over the infrastructure behind their live games,” said Ned Pope, Chief Product Officer at Hivelocity. “Game teams already own the player experience, the matchmaking logic, the fleet orchestration, and the live operations model. We give them dedicated hardware, predictable economics, regional placement, and engineering support so they can run that stack with confidence.”

The bundle draws a clear line between what Hivelocity provides and what the studio operates. Hivelocity supplies the bare-metal foundation: single-tenant hardware, regional placement near concentrated player populations, network connectivity and transit, and network-level DDoS protection for the estate. The studio keeps matchmaking, fleet orchestration, anti-cheat operations, application security, and live ops uptime. A hybrid pattern is preferred by most organizations to take full advantage of all the cloud can offer, with bare metal for latency-critical core workloads for tick-rate-sensitive engines, a partner CDN at the edge, and the studio’s own cloud for burst and GPU workloads.

Studios manage their fleets through the myVelocity portal, public APIs, and Infrastructure as Code (IaC), with the same operations available in code as in the console. Hivelocity holds a SOC 2 Type II attestation for its core facilities, and a PCI-validated facility foundation is available at the Tampa facilities, with expansion in flight.

The Gaming Bundle is designed for studios already running their own server orchestration that have committed to a tick-rate target and need single-tenant bare metal, regional placement, and state persistence that shared infrastructure can’t reliably provide.

About Hivelocity
Founded in 2002, Hivelocity operates bare-metal infrastructure across globally distributed data centers, serving mid-market and enterprise customers in gaming, healthcare, SaaS, fintech, and high-performance computing. The company provides 24/7/365 in-house support with a 15-minute average ticket response time, backed by an SLA-guaranteed 99.99% network uptime.

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Foundation Fighting Blindness Renames Venture Philanthropy Arm the Gund Vision Fund, Honoring Five Decades of Gund Family Leadership

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September 10, 2026

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The new name honors the decades of leadership and giving by Foundation co-founder Gordon Gund and his family, honoring the Fund’s evolution into one of the most innovative venture philanthropy models in the retinal disease market

COLUMBIA, Md. and RALEIGH, N.C., Sept. 10, 2026 /PRNewswire/ — The Foundation Fighting Blindness today announced the rebrand of its venture philanthropy arm, formerly the Retinal Degeneration Fund (RD Fund), to the Gund Vision Fund.

The new name honors more than 50 years of leadership, advocacy, and philanthropic support from Gordon Gund and the Gund family, whose contributions to the Foundation have been immeasurable. It also reflects the Fund’s evolution since its launch in 2018, growing from an early-stage research funder into one of the most innovative venture philanthropy models in the market, catalyzing the translation of decades of research into real treatments.

“The Gund Vision Fund name reflects both where this Fund has been and where it is going. Gordon Gund and the Gund family did not support this work from a distance. They helped build it, and this name honors that,” said Jason Menzo, CEO, Foundation Fighting Blindness. “Vision speaks to our mission of advancing treatments and cures for the diseases that cause blindness, and to the forward-looking way we deploy capital to get there. We are proud of what the Fund has become and excited about what comes next.”

Since it was founded in 2018, the Fund – now the Gund Vision Fund – has built and proven its model by managing more than $140 million in strategic capital, deploying over $100 million directly into a portfolio of 20 companies, and syndicating with more than $1.5 billion in institutional capital from more than 60 co-investors. The Foundation is already the leading private funder of retinal disease research, with nearly $1 billion invested since 1971 and a patient registry of over 43,000 individuals.

The rebrand coincides with an active $100 million capital campaign to accelerate the development of treatments and cures for inherited retinal diseases and dry AMD. To anchor the campaign, the Gordon and Llura Gund Foundation has committed a $50 million lead challenge gift, matching every new or increased contribution to the Gund Vision Fund dollar for dollar up to $50 million. Every gift made during the campaign will be doubled, advancing more programs into clinical development and reaching more patients sooner.

“Building this Fund from the ground up has meant taking greater risks to bring treatments to patients and believing in companies when the path forward is uncertain. That conviction is being rewarded, treatments are reaching patients who had no options,” said Rusty Kelley, PhD, managing director of the Gund Vision Fund. “The Gund Vision Fund name honors the family that made this possible, and the gift from the Gordon and Llura Gund Foundation signals even greater conviction for the model, the momentum, and what’s next.”

The Gund Vision Fund’s updated website, GundVisionFund.org, has launched alongside updated social channels, marking the start of a new chapter for the Fund, with more to come in early 2027. For more information, visit GundVisionFund.org.

About the Gund Vision Fund
The Gund Vision Fund, formerly the Retinal Degeneration Fund (RD Fund), is the venture philanthropy arm of the Foundation Fighting Blindness and a 501(c)(3) not-for-profit subsidiary. Launched in 2018 as the first and only fund solely dedicated to advancing therapeutics for inherited retinal diseases and dry age-related macular degeneration, the Fund bridges the critical funding gap between discovery-stage research and drug development. For more information, visit GundVisionFund.org.

About the Foundation Fighting Blindness
Established in 1971, the Foundation Fighting Blindness is the world’s leading private funding source for retinal degenerative disease research. The Foundation has raised nearly $1 billion toward its mission of accelerating research for preventing, treating, and curing blindness caused by the entire spectrum of retinal degenerative diseases, including retinitis pigmentosa, age-related macular degeneration, Usher syndrome, and Stargardt disease. Visit FightingBlindness.org for more information.

Media Contact:
Chris Adams
Foundation Fighting Blindness
410-423-0585
CAdams@FightingBlindness.org 

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SOURCE Foundation Fighting Blindness

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