The Business Research Company’s report on the Proactive Services Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
#How have key drivers contributed to the rapid growth of the proactive services market?
The increasing adoption of artificial intelligence (AI) and the internet of things (IoT) is significantly contributing to the growth proactive services market. Artificial intelligence (AI) and the internet of things (IoT) collect data from various sources in a network to analyze and identify patterns in collected data which can be used to predict issues that are repetitive in nature or may occur in similar conditions which can be helpful in executing proactive services. According to a September 2023 Artificial Intelligence (AI) Industry Statistics report by SmartTek Solutions, a US-based software development company, in 2022, the global AI market was worth a total of about $120 billion. If growth trends continue, the AI market is expected to exceed $1.5 trillion by 2030 and AI adoption is expected to have an annual growth rate of 37.3% from 2023 to 2030. Therefore, increasing adoption of artificial intelligence (AI) and the internet of things (IoT) is driving the proactive services market.
Access Your Free Sample of the Global Proactive Services Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=8572&type=smp
How has the proactive services market size evolved, and what are the latest forecasts for its expansion?
The proactive services market size has grown exponentially in recent years. It will grow from $6.29 billion in 2024 to $7.55 billion in 2025 at a compound annual growth rate (CAGR) of 20.1%. The growth in the historic period can be attributed to increasing complexity of its environments, growing cybersecurity threats, data explosion and management challenges, increased reliance on business intelligence, focus on regulatory compliance.
The proactive services market size is expected to see exponential growth in the next few years. It will grow to $16.42 billion in 2029 at a compound annual growth rate (CAGR) of 21.4%. The growth in the forecast period can be attributed to enterprise digitization initiatives, demand for proactive network management, focus on proactive data governance, advancements in proactive monitoring tools, growing emphasis on predictive maintenance, continuous monitoring of user behavior. Major trends in the forecast period include ai-powered automation, IoT-enabled proactive monitoring, remote monitoring and management, cloud-based proactive solutions, cross-platform proactivity, collaboration and unified communications monitoring, proactive data management and backup.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=8572&type=smp
Which major companies dominate the proactive services market?
Major companies operating in the proactive services market are Microsoft Corporation, Symantec Corporation, Juniper Network Inc., Avaya Inc., DXC Technology, Hewlett Packard Enterprise Company, Huawei Technologies Co. Ltd., International Business Machines Corporation, Cisco Systems Inc., LivePerson Inc., NICE Systems Ltd., Genesys Telecommunications Laboratories Inc., Amazon.com Inc., NortonLifeLock Inc., Hootsuite, AT&T Inc., Ericsson India Limited, Fortinet Inc., Sutherland Global Services, Accenture PLC, Wipro Limited, Infosys Limited, Capgemini SE, Cognizant Technology Solutions Corporation, Tata Consultancy Services Limited, HCL Technologies Limited, Tech Mahindra Limited, Mindtree Limited, Virtusa Corporation, Larsen & Toubro Infotech
What trends will shape the future of the privileged access management solutions market?
Increasing collaborations and strategic partnerships are a key trend gaining popularity in the proactive services market. Major companies operating in the market are focusing on strategic partnerships with other companies and stakeholders to expand operations and popularize the value proposition of enhancing customer experience and support experience. For instance, in February 2022, a US-based IT services company, CSS Corp entered into a strategic partnership with SupportLogic, a US-based company offering support experience (SX) platforms that enable companies to proactively understand and act on the voice of the customer. The partnership aims to help businesses enhance their customer support experience proactively by preventing escalations, improving backlog management, and reducing customer adoption barriers. The companies will jointly execute several go-to-market programs in cloud-based support environments by leveraging AI and NLP. In addition, in June 2020, a US-based technology corporation, Microsoft partnered with Menlo Security, a US-based cyber security company to obtain advance vulnerability information through the Microsoft Active Protections Program (MAPP). The program helps in providing early access to vulnerability information to security software providers, thus, helping them protect their customers faster.
Which region dominates the proactive services market, and what factors contribute to its leadership?
North America was the largest region in the proactive services market share in 2024. The regions covered in the proactive services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Order Your Report Now For Swift Delivery
https://www.thebusinessresearchcompany.com/report/proactive-services-global-market-report
How is the proactive services market segmented, and which segment holds the largest share?
The proactive services market covered in this report is segmented –
1) By Service: Design And Consulting, Managed Services, Technical Support
2) By Technology: Big Data Analytics, Artificial Intelligence, Machine Learning
3) By Size: Large Enterprise, Small And Medium Enterprise
4) By Application: Cloud Management, Customer Experience Management, Data Center Management, End-Point Management, Network Management
Subsegments:
1) By Design And Consulting: System Design, Process Optimization, Risk Assessment
2) By Managed Services: Infrastructure Management, Application Management, Network Management
3) By Technical Support: Remote Support, On-Site Support, Maintenance And Upgrades
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8572
What defines the structure and scope of the proactive services market?
Proactive services are used to anticipate customer needs and actively come up with solutions. These services help in reaching out to customers either by communicating a potential problem or allowing customers to self-service their issue.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
