Proactive Services Market Size Worth $7.3 Billion By 2026 - KBV Research

NEW YORK - Sept. 1, 2020 - PRLog -- According to a new report Global Proactive Services Market, published by KBV research, The Global Proactive Services Market size is expected to reach $7.3 billion by 2026, rising at a market growth of 19.7% CAGR during the forecast period.

Managed services accounted for the largest market share. It helps to reduce operating expenses, improve productivity, and assist businesses to focus on core competencies. It helps in ideal resource distribution and allocation to augment the operational efficiency and overall profitability. The technical support section is projected to see the fastest growth in the forecast period. Throughout the current scenario, technology is developing at a significant rate, resulting in constant device updates.

The analytics segment has been the industry leader. Analytics solutions are designed to process data on a large scale. Analytics led a proactive service model that allows consumers to gain successful customer support. Organizations utilize predictive analytics to look at patterns and probabilities, to measure variables to anticipate how consumers will respond in the future. The AI segment is projected to account for the highest CAGR as the brands are implementing this technology to offer personalized customer experience.

The large enterprise segment is projected to account for the highest market share. Major companies have the budget to use innovative on-site facilities. The segment of small and medium-sized enterprises is projected to grow at the highest CAGR in the forecast period. Small and medium-sized enterprises are faced with many obstacles, such as the lack of qualified labour market and the need for field-specific technical personnel, budget limitations, management efficiency, restricted economies of scale and scalability.

Global Proactive Services Market Segmentation

By Type

• Managed Services
• Design & Consulting
• Technical Support

By Technology

• Analytics
• AI & Others

By Enterprise Size

• Large Enterprise
• Small & Medium Enterprise

By Application

• Customer Experience Management
• Cloud Management
• End-point Management
• Data Center Management
• Network Management
• Others

By Industry Vertical

• BFSI
• IT & Telecom
• Healthcare
• Retail & eCommerce
• Government & Defense
• Media & Entertainment
• Manufacturing
• Others

By Geography

North America

• US
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

LAMEA

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• Microsoft Corporation
• Fortinet, Inc.
• Juniper Networks, Inc.
• NortonLifeLock, Inc.
• Avaya Holdings Corporation
• Hewlett Packard Enterprise Company
• Huawei Technologies Co., Ltd.
• DXC Technology Company
• IBM Corporation
• Cisco Systems, Inc.
Structural Insights: https://www.kbvresearch.com/proactive-services-market/