Managed services refer to the management of an organization’s in-house functions by a third-party MSP. As a result of globalization and increased complexity of the global business landscape, companies in Saudi Arabia are moving to smarter and readily achievable solutions to address issues such as cost-cutting and to focus on their core competencies. 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 proliferated the growth of the industry.
Analysts forecast the Managed Services market in Saudi Arabia to grow at a CAGR of 22.60 percent over the period 2014-2019.
This report covers the present scenario and the growth prospects of the Managed Services market in Saudi Arabia for the period 2015-2019. The market is categorized into four main segments: Hardware and Software Support, Data Center Hosting, Disaster Recovery Support, and Security Support.
Managed Services Market in Saudi Arabia 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Managed Services market landscape in Saudi Arabia and its growth prospects in the coming years. The report also includes the profile of key vendors operating in this market.
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Other Prominent Vendors
- Advanced Electronics Company
- Arabic Computer Systems
- Banque Saudi Franci
- BT Applied Technology
- Detecon al Saudia
- Diyar United
- Ejada Systems Company
Key Market Driver
- Need to Achieve Operational Excellence
Key Market Challenge
- High Risk of Cyber-attacks
Key Market Trend
- Increased Adoption of Private Cloud Solutions
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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