Market Share of Europe Managed Services Industry
The Europe managed services market is fragmented as the market studied is dominated by international players with a strong client base. Additionally, companies are employing powerful competitive strategies to sustain themselves in the market and retain their clients, intensifying competitive rivalry. Key players are Fujitsu Ltd, IBM Corporation, Cisco Systems, etc.
- January 2024: Business ISP and managed service provider Evolve has become the latest provider to hop onto MS3‘s new 10Gbps capable Fibre-to-the-Premises broadband network in the North of England, aiming to reach 535,000 UK premises by the end of 2025. An unspecified investment from Asterion is backing MS3 and has covered 158,779 premises passed (119,139 RFS) and is rising fast. Evolve’s new partnership with MS3 allows them to leverage MS3’s XGS-PON network to bring new solutions to businesses in the East Riding and Lincolnshire regions for the first time.
- December 2023: BT and Netskope, a player in Secure Access Service Edge (SASE), announced a partnership to bring Netskope's market-leading Security Service Edge (SSE) capabilities to BT's global customers. The partnership follows several large customer implementations where the two companies have collaborated to meet the security and access needs of large enterprises successfully. BT's data shows that hybrid working is now a requirement for 76% of global workers, driving a requirement for more agile, secure connectivity.
Europe Managed Services Market Leaders
Fujitsu Ltd
Cisco Systems Inc.
IBM Corporation
AT&T Inc.
HP Development Company LP
*Disclaimer: Major Players sorted in no particular order
