In 2020, the award count of managed services contracts stood at 1,896. Overall, the managed services market is growing. At the same time, total contract value (TCV) is decreasing because contracts are getting shorter, as contract terms today are around three years.
Total managed services contract awards worldwide from 2015 to YTD 2021
Characteristic
Contract award count
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Information Services Group. (October 22, 2021). Total managed services contract awards worldwide from 2015 to YTD 2021 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1272503/managed-services-awards-total-acv/
Information Services Group. "Total managed services contract awards worldwide from 2015 to YTD 2021." Chart. October 22, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1272503/managed-services-awards-total-acv/
Information Services Group. (2021). Total managed services contract awards worldwide from 2015 to YTD 2021. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1272503/managed-services-awards-total-acv/
Information Services Group. "Total Managed Services Contract Awards Worldwide from 2015 to Ytd 2021." Statista, Statista Inc., 22 Oct 2021, https://www.statista.com/statistics/1272503/managed-services-awards-total-acv/
Information Services Group, Total managed services contract awards worldwide from 2015 to YTD 2021 Statista, https://www.statista.com/statistics/1272503/managed-services-awards-total-acv/ (last visited July 22, 2024)
Total managed services contract awards worldwide from 2015 to YTD 2021 [Graph], Information Services Group, October 22, 2021. [Online]. Available: https://www.statista.com/statistics/1272503/managed-services-awards-total-acv/