Multi-vendor support services market seen topping $88B by 2030

5 hours ago
By AI, Created 17:07 UTC, Jul 14, 2026, AGP -

The Business Research Company says the global multi-vendor support services market is on track to reach more than $88 billion by 2030, driven by complex IT environments, cost-cutting efforts and hybrid infrastructure adoption. North America and the U.S. are forecast to lead the market, while hardware support services remain the largest segment.

Why it matters: - The multi-vendor support services market is moving deeper into enterprise IT spending as companies look to simplify maintenance across hardware, software and cloud systems. - The market’s projected growth points to rising demand for third-party support as organizations try to cut downtime and control infrastructure costs. - The Business Research Company estimates the market will be worth more than $88 billion by 2030. - The market is forecast to represent about 9% of the parent Business Support Services market, which is expected to reach about $967 billion by 2030. - The market is expected to account for nearly 0.3% of the broader $25,315 billion services industry by 2030.

What happened: - The Business Research Company released its 2026 Multi-Vendor Support Services Market Report on July 14, 2026. - The report forecasts a 6% CAGR for the market through 2030. - North America is projected to be the largest region in 2030, with a market value of $29 billion. - The U.S. is projected to be the largest country in the market in 2030, at $26 billion. - Request a free sample of the report.

The details: - North America is expected to grow from $23 billion in 2025 to $29 billion in 2030, equal to a 5% CAGR. - The U.S. market is expected to rise from $21 billion in 2025 to $26 billion in 2030, also at a 5% CAGR. - Hardware support services are projected to be the largest product segment in 2030, making up 60% of the market, or about $53 billion. - Software support services are the other product segment. - The market is also segmented by application into sales and marketing, financial and accounting, supply chain, IT operations and other applications. - The market is segmented by organization size into small and medium-sized enterprises and large enterprises. - The market is segmented by vertical into banking, financial services and insurance, telecom and IT, media and entertainment, travel and logistics, and other verticals. - Access the full market report.

Between the lines: - The report’s growth drivers point to a broader shift toward centralized support for fragmented IT estates. - Growing complexity in multi-vendor environments is expected to contribute 2.8% annual growth to the market. - The need to reduce IT operational costs and downtime is projected to add about 2.7% annual growth. - Digital transformation and hybrid infrastructure adoption are projected to contribute about 2.6% annual growth. - The hardware segment’s lead suggests enterprises are still prioritizing maintenance and lifecycle management for physical infrastructure before other support categories. - The report also highlights opportunities in data center expansion, network modernization and vendor consolidation.

What's next: - The Business Research Company says hardware support services and software support services together are projected to add more than $22 billion in market value by 2030. - Hardware support services are projected to grow by $13 billion over the next five years. - Software support services are projected to grow by $9 billion over the same period. - The company’s 2026 reports now include market attractiveness scoring, TAM analysis, a company scoring matrix, Excel forecasting dashboards, market hotspot infographics and updated graphics and tables. - The firm says it has published more than 30,000 reports across 27 industries and 60 geographies.

The bottom line: - Multi-vendor support services are becoming a bigger part of enterprise IT strategy as companies seek simpler, cheaper and more reliable infrastructure support.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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