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The Managed Application Service market is a subset of the Computing Services industry. It involves the provision of managed services for applications, such as software, databases, and web services. These services are typically provided by third-party vendors, who are responsible for the maintenance, support, and development of the applications. This includes the installation, configuration, and monitoring of the applications, as well as the provision of technical support.
The Managed Application Service market is growing rapidly, driven by the increasing demand for cloud-based services and the need for businesses to reduce costs and improve efficiency. This has led to an increase in the number of vendors offering managed application services, as well as the development of new technologies and services.
Some of the companies in the Managed Application Service market include Amazon Web Services, Microsoft Azure, IBM Cloud, Google Cloud Platform, Oracle Cloud, and Rackspace. Show Less Read more