Saudi Arabia Managed Services Market 2015-2019 with Cisco, IBM, JCCS, Juniper & Mobily Dominating

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Apr 20, 2015, 10:49 ET

DUBLIN, Apr. 20, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/24mlz8/managed_services) has announced the addition of the "Managed Services Market in Saudi Arabia 2015-2019" report to their offering.

The Saudi Arabia to grow at a CAGR of 22.60 percent over the period 2014-2019.

This report covers the present scenario and the growth prospects of the Managed Services market in Saudi Arabia for the period 2015-2019. The market is categorized into four main segments: Hardware and Software Support, Data Center Hosting, Disaster Recovery Support, and Security Support.

The growing role of cloud and virtualization solutions is one of the major trends, which is expected to boost the growth potential of the market. Private cloud solutions enable better security and improve control of critical data and business operations.

According to the report, the growing need for cyber-security is a major driver, which is expected to fuel the market growth during the forecast period. Newly adopted technologies warrant increased security measures to ensure the safety and privacy of company data.

Further, the report states that the shortage of talented IT professionals is a key challenge faced by the market. The management of certain operational processes requires a significant level of knowledge of the business environment in which the client operates.

Key Vendors