Future of Managed IT Services in Indian and US Markets

The demand for managed application is rapidly growing in India, with businesses investing in advanced technology solutions. Reports show that the Indian market for application services is expanding at 15% annually, outpacing the US growth rate of 9%.

Organizations are shifting towards application managed service providers for enhanced efficiency and scalability. Indian firms offer a cost advantage of up to 50%, making them a dominant force in the global market. Meanwhile, US companies emphasize innovation and automation in offshore managed services to stay competitive.

With increasing digital adoption, businesses need managed services application to optimize IT operations. India’s dominance in IT outsourcing continues, attracting companies looking for reliability and affordability. By 2030, Indian application services provider firms are projected to capture 60% of the global market.