target audience: TECH SUPPLIER Publication date: May 2024 - Document type: Market Forecast - Doc Document number: # US52076723
Worldwide and U.S. Hosted Application Management Services Forecast, 2024–2028
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Abstract
This IDC study presents forecasts of spending (customer expenditures) for the hosted application management (HAM) services market for the 2023–2028 period. This IDC document includes advice to providers of HAM services, an analysis of key market and industry trends by importing market, key market drivers and inhibitors, significant market developments, and highlights of key changes from the prior forecast. This study also updates the previous forecast published in Worldwide and U.S. Hosted Application Management Services Forecast, 2023–2027 (IDC #US49161123, May 2023).
Pete Marston, research director of Worldwide Intelligent Application Services at IDC, explains, "Cloud and hybrid cloud models have become engrained in hosted application management services. Organizations will continue to selectively choose where to leverage service providers for hosted application management, especially when scalability, speed, data security, and cost reductions are mission-critical business imperatives."