According to a report by Intel Market Research, the global Third-Party Maintenance (TPM) market was valued at USD 2.3 billion in 2024 and is projected to grow from USD 2.6 billion in 2025 to USD 4.9 billion by 2032, expanding at a CAGR of 11.4% during the forecast period. The market is experiencing strong growth as enterprises increasingly seek cost-efficient alternatives to original equipment manufacturer (OEM) support contracts while maintaining high levels of performance, reliability, and compliance across their IT infrastructure.
Third-party maintenance services provide independent support for critical IT assets, including servers, storage systems, networking equipment, and enterprise software. Organizations across banking, healthcare, telecommunications, manufacturing, and government sectors are turning to TPM providers to reduce operational costs, extend equipment lifecycles, and improve return on technology investments. Many enterprises report cost savings of up to 60% compared to traditional OEM maintenance contracts.
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