Skip to main content

Hosted Business Technology as a Service

Growth of hosted business technology services, specifically hosted applications, or software as a service (SaaS) -- as well as other services provisioned by a third-party provider -- are driving steady U.S. managed services revenue growth.

According to In-Stat, research has shown that a majority of various business functions like security, storage, and other related processes are still performed in-house by a majority of firms, but the increasing complexity of running a business network is leading to steady revenue growth for managed network and infrastructure services in the U.S. market.

Steadily increasing demand for these third-party services and the more rapid growth in demand for hosted application services will lead to 7 percent overall U.S. revenue growth of managed services through 2012.

The In-Stat report provides an updated managed services forecast through 2012 based on recently updated U.S. census information.

Also available is survey data that provides an overview of what the U.S. managed services landscape could look like by early 2009 for ten business functions from Web and application hosting to network security. Survey data highlighting demand for on-demand computing -- also known as utility computing -- services is presented separately as well.

As SaaS has become such an important topic for all providers in the managed services space, In-Stat's 2008 managed services research will focus exclusively on demand for various business technology management applications such as CRM, ERP, etc. -- delivered as a service.

A steady flow of SaaS survey-related research will become available from In-Stat throughout the year, beginning in late spring 2008.

Popular posts from this blog

Digital Talent Demand Exceeds Supply in Asia-Pac

Even the savviest CEO's desire for a digital transformation advantage has to face the global market reality -- there simply isn't enough skilled and experienced talent available to meet demand. According to the latest market study by IDC, around 60-80 percent of Asia-Pacific (AP) organizations find it "difficult" or "extremely difficult" to fill many IT roles -- including cybersecurity, software development, and data insight professionals. Major consequences of the skills shortage are increased workload on remaining digital business and IT employees, increased security risks, and loss of "hard-to-replace" critical transformation knowledge. Digital Business Talent Market Development Although big tech companies' layoffs are making headlines, they are not representative of the overall global marketplace. Ongoing difficulty to fill key practitioner vacancies is still among the top issues faced by leaders across industries. "Skills are difficul

Mobile Device Market Still Awaiting Recovery

The mobile devices market has experienced three years of unpredictable demand. The global pandemic, geopolitical pressures, supply chain issues, and macroeconomic headwinds have hindered the sector's consistent growth potential. This extremely challenging environment has dramatically affected both demand and supply chains. It has led to subsequent inflationary pressures, leading to a worsening global cost of living crisis suppressing growth and confidence in the sector. In tandem, mobile device industry stakeholders have become more cautious triggering market uncertainties. Mobile Device Market Development Operating under such a backdrop, the development of mobile device ecosystems and vendor landscapes have been impacted severely. Many of these market pressures persisted throughout 2022 and now into 2023, borne chiefly by the smartphone market. According to the latest worldwide market study by ABI Research, worldwide smartphone shipments in 2022 declined 9.6 percent Year-over-Year

Global Digital Business and IT Consulting Outlook

Across the globe, CEOs and their leadership teams continue to seek information and guidance about planned Digital Transformation initiatives and the most effective enterprise organization change management practices. Worldwide IT and Business Services revenue will grow from $1.13 trillion in 2022 to $1.2 trillion in 2023 -- that's a 5.7 percent year-over-year growth, according to the latest market study by International Data Corporation (IDC). The mid-term to long-term outlook for the market has also increased -- the five-year CAGR is forecast at 5.2 percent, compared to the previous 4.9 percent. Digital Sevices & Consulting Market Development IDC has raised the growth projection despite a weak economic outlook, because of vendor performances across 2022, growth indicators from adjacent markets, increased government funding, and inflation impacts. The actual 2022 market growth was 6.7 percent (in constant currency), which was 87 basis points higher than forecast last year, alth