IT and Apps Managed Services Provider Trends: Quarterly Report for Q1 2024

June, 2024

In this quarterly report, Avasant provides key information on IT and apps managed services provider trends. The report covers key information on the IT services industry and the provider ecosystem. It covers the service provider facts and figures (including revenue and resource trends), and executive sentiment from the service provider community. The report covers trends across a gamut of IT services, including but not limited to IT infrastructure, application, and end-user services. The geographic coverage for the report is global. It builds on insights gathered through ongoing market research, data collection, and proprietary databases. It includes market data from providers accessed through multiple sources such as public disclosures, market interactions, and deals data.

This report also highlights the key trends in the market and Avasant’s viewpoint on the industry’s future direction.

Key service provider trends:

    • Aggregate revenue and the YOY revenue growth declined
    • Operating margins decreased for six out of 11 providers
    • Providers see good deal momentum, with clients focused on immediate ROI and increased productivity & efficiency
    • Attrition rates continue to drop

CONTACT US

DISCLAIMER:

Avasant’s research and other publications are based on information from the best available sources and Avasant’s independent assessment and analysis at the time of publication. Avasant takes no responsibility and assumes no liability for any error/omission or the accuracy of information contained in its research publications. Avasant does not endorse any provider, product or service described in its RadarView™ publications or any other research publications that it makes available to its users, and does not advise users to select only those providers recognized in these publications. Avasant disclaims all warranties, expressed or implied, including any warranties of merchantability or fitness for a particular purpose. None of the graphics, descriptions, research, excerpts, samples or any other content provided in the report(s) or any of its research publications may be reprinted, reproduced, redistributed or used for any external commercial purpose without prior permission from Avasant, LLC. All rights are reserved by Avasant, LLC.

Welcome to Avasant

LOGIN

Login to get free content each month and build your personal library at Avasant.com

NEW TO AVASANT?

Get Access to
Avasant Premium Research

This report is part of the Avasant Premium Research Subscription.

To gain access to this report, click the button below and an Account Executive will contact you within one business day.

Get Access to
Avasant Research

Register or sign in to explore Avasant Research.

Open access is available to qualified buyer organisations. Register Now!

LOGIN

REGISTER

Welcome to Avasant