The IT services outsourcing market is growing at an unprecedented speed. According to GrandViewResearch, the global IT services market (in-house and third-party) will be worth approximately $1250 billion in 2022. Outsourcing managed IT services has become a major trend among businesses worldwide because it provides access to specialized expertise, ensures scalability and flexibility, and provides businesses with better security and compliance. Keep reading to learn more about the market, and what value it brings for companies of different sizes.  Key Statistics on Outsourcing Managed IT Services While outsourcing managed IT services may not be a universal solution for all problems faced by modern businesses, data shows that choosing this solution may have some significant value. Below are some statistics that highlight how beneficial IT outsourcing can be:   At least one department in 66% of American outsourcing companies is pro-outsourcing work. 59% of businesses rely on outside contractors rather than internal