Managed services market to crack $66 billion by 2012

Managed services is a big part of the IT industry these days. Accent's managed services product (AMS) is a large part of our forward looking business plan and is a service that many of our customers are evaluating as a way to ease the burden of the internal IT staff (if one exists at all).

NetworkWorld.com has an article up about the IT managed services market and its continual growth through 2012. The article states "the global market for managed services will deliver revenues of $66 billion by 2012."

The Cisco commissioned study was performed by Ovum, a consulting firm that specializes in telecom and software consulting. Ovum "finds that the managed services generating the most interest among corporate users are managed metro Ethernet, managed IP, VPNs, managed VoIP and managed security."

"IP VPN services are the largest global managed services market, with revenues totaling $17 billion, the study finds." However, VoIP looks to be the biggest growth area in the coming years with an expected growth percentage of near 40%.

The article is pretty good and can be found here.