Market Share of GCC Managed Services Industry
The GCC Managed Services market comprises a significant share of homegrown companies and international companies such as HP, IBM, and Wipro, among others. The region also has small, managed service providers who are part of large companies' partner programs, such as Cisco. Some of the recent developments in the market are:
In September 2022, Cisco and Wipro collaborated and created a hybrid cloud solution that is agile, programmable, and adaptive by combining the edge, private, and public clouds. The full-stack IT-as-a-service platform will use technologies from Cisco's Full Stack Observability solution, such as AppDynamics, ThousandEyes, Cisco Workload Optimization Manager (CWOM), Intersight, and Secure Application.
In February 2022, Nokia was to introduce two new managed service offerings by utilizing the intelligence from their network data to assist communication service providers (CSPs) in providing a better customer experience and realizing faster returns on their 5G investments.
GCC Managed Services Market Leaders
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Etihad Etisalat Co. (Mobily)
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AGC Networks (An ESSAR Company)
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EITC Group (du)
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Saudi Telecom Company
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IBM Corporation
*Disclaimer: Major Players sorted in no particular order