China Proactive Services Market Size & Outlook, 2023-2030
China proactive services market, 2018-2030 (US$M)
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China proactive services market highlights
- The China proactive services market generated a revenue of USD 234.8 million in 2023 and is expected to reach USD 946.1 million by 2030.
- The China market is expected to grow at a CAGR of 22% from 2024 to 2030.
- In terms of segment, managed services was the largest revenue generating service in 2023.
- Technical Support is the most lucrative service segment registering the fastest growth during the forecast period.
Proactive services market data book summary
| Market revenue in 2023 | USD 234.8 million |
| Market revenue in 2030 | USD 946.1 million |
| Growth rate | 22% (CAGR from 2023 to 2030) |
| Largest segment | Managed services |
| Fastest growing segment | Technical Support |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Design & Consulting, Managed Services, Technical Support |
| Key market players worldwide | Amazon.com Inc, Avaya, Cisco Systems Inc, DXC Technology Co Registered Shs When Issued, Fortinet Inc, Genesys International Corporation, Hewlett Packard Enterprise Co, Huawei Technologies, International Business Machines Corp, Juniper Networks Inc, LivePerson Inc, Microsoft Corp, NICE Ltd ADR, Broadcom Inc |
Other key industry trends
- In terms of revenue, China accounted for 4.8% of the global proactive services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan proactive services market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,028.1 million by 2030.
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Proactive Services Market Scope
Proactive Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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China proactive services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to proactive services market will help companies and investors design strategic landscapes.
Managed services was the largest segment with a revenue share of 38.12% in 2023. Horizon Databook has segmented the China proactive services market based on design & consulting, managed services, technical support covering the revenue growth of each sub-segment from 2018 to 2030.
China has been witnessing a growing adoption of proactive services aided by the aggressive adoption of advanced technologies by the incumbents of various industries and sectors.
AI-enabled proactive services are increasingly being implemented across various industries and sectors to strengthen research & development activities and induce process automation.
Furthermore, companies are engaging in mergers & acquisitions and strategic partnerships & collaborations to provide customer experience solutions targeting retailers.
Reasons to subscribe to China proactive services market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of China proactive services market databook
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Our clientele includes a mix of proactive services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China proactive services market , including forecasts for subscribers. This country databook contains high-level insights into China proactive services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China proactive service,s market size, by service, 2018-2030 (US$M)
China Proactive Services Market Outlook Share, 2023 & 2030 (US$M)
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