How big is the GCC Managed Services Market?

The GCC Managed Services Market size is expected to reach USD 10.42 billion in 2024 and grow at a CAGR of 8.96% to reach USD 16.01 billion by 2029. Read More

What is the current GCC Managed Services Market size?

In 2024, the GCC Managed Services Market size is expected to reach USD 10.42 billion. Read More

Who are the key players in GCC Managed Services Market?

Etihad Etisalat Co. (Mobily), AGC Networks (An ESSAR Company), EITC Group (du), Saudi Telecom Company and IBM Corporation are the major companies operating in the GCC Managed Services Market. Read More

What years does this GCC Managed Services Market cover, and what was the market size in 2023?

In 2023, the GCC Managed Services Market size was estimated at USD 9.49 billion. The report covers the GCC Managed Services Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the GCC Managed Services Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

GCC Managed Services Market - Providers & Companies

GCC Managed Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers GCC Managed Services Market and It is Segmented by Type (Managed Infrastructure Services, Managed Hosting Services, Managed Security Services, Managed Cloud Services, Disaster Recovery & Business Continuity Services), End-User Industry (IT & Telecom, BFSI, Oil & Gas, Healthcare, Government), and Country (Saudi Arabia, UAE, Qatar, and Other GCC Countries). The Market Size and Forecasts are Provided in Terms of Value (in USD Million) for all the Above Segments.

GCC Managed Services Industry Overview

The GCC Managed Services market comprises a significant share of homegrown companies and international companies such as HP, IBM, and Wipro, among others. The region also has small, managed service providers who are part of large companies' partner programs, such as Cisco. Some of the recent developments in the market are:

In September 2022, Cisco and Wipro collaborated and created a hybrid cloud solution that is agile, programmable, and adaptive by combining the edge, private, and public clouds. The full-stack IT-as-a-service platform will use technologies from Cisco's Full Stack Observability solution, such as AppDynamics, ThousandEyes, Cisco Workload Optimization Manager (CWOM), Intersight, and Secure Application.

In February 2022, Nokia was to introduce two new managed service offerings by utilizing the intelligence from their network data to assist communication service providers (CSPs) in providing a better customer experience and realizing faster returns on their 5G investments.