Cloud Managed Services Market Trends, Forecast, and Analysis by NEW Updated Market Insights 2023-2030

PRESS RELEASE

Published February 7, 2023

"Cloud Managed Services Market By service type (business, network, security, data center and mobility); By deployment (public and private); By end user (small and medium sized enterprises and large enterprises); By vertical (Telecom, Government and Ed"

Global Cloud Managed Services Market research [Modern Report 2023] provides industry experts with a comprehensive and expert investigation of the current trends. This statistical survey provides current industry information and forecasts. This market lookup additionally presents statistics on the market boom of numerous regional and country-level markets, as properly as the opposition panorama and unique organization analyses for the projected forecast period till 2030. ASK FOR A SAMPLE REPORT

The Cloud Managed Services Market Report covers potential improvement drivers as properly as the modern-day key of market share, penetration of a number of kinds, technologies, applications, and areas through forecast till 2030.

Helps you identify the customers and products that drive revenue and profit growth. The report examines the key drivers and restraints of the key players. It also provides information on the status of development and challenges. The report highlights potential opportunities in the Cloud Managed Services Market rate markets and examines the impact of different elements in the analysis.

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Gain a reliable outlook of the global Cloud Managed Services market forecasts from 2023 to 2030 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
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Overview of Cloud Managed Services Market:

Product overview

Cloud managed services provide skilled resources that boost the functionalities of the IT sector to be managed in alliance with the third-party managed service providers by cloud platforms. They help in managing storage services, business process services, security management services, and application management services. Cloud management services enable organizations to enhance their operations and replace processes that incur high losses, transform IT systems, and help in achieving objectives.

Market Highlights

The Cloud Managed Services market grew at USD 62.4 billion in 2020 and is expected to grow at a 13.3% during the forecast period. The services in this market include network services, business services, security services, and mobility services, which help companies to cut capital costs and transfer them into operational costs. Huge infrastructural capital investments can be avoided through cloud management services which act as a cause for the market growth.

Source: Global

Recent Highlights in Cloud Managed Services Market

Cisco increased its portfolio for small businesses via Merakiâ€™s cloud in March 2020. Merakiâ€™s Wi-Fi 6 access points helped small businesses manage networks efficiently and improve their network performance.

In March 2020, IBM and Infosys partnered in order to provide cloud services to various business verticals.

In February 2020, NTT DATA Services and AWS. NTT DATA partnered to offer cloud-managed services.

Global Cloud Managed Services Market: Segments

The Cloud Managed Services Market can be segmented on the basis of service type, deployment insight, end-user, vertical, and regions.

By service type it can be further segmented into business, network, security, data center, and mobility, where the mobility segment is expected to show the highest growth due to the increase in demand for smartphones. Furthermore, the security segment is also expected to show significant growth due to the increased adoption of cloud technologies.

By deployment, it can be further segmented into public and private. Increased data security, access control, cost efficiency, and reliability are some of the features provided by the private cloud model, whereas the public cloud model requires low deployment cost and is easy to configure.

By end-user, we can classify the cloud managed services market into small and medium-sized enterprises and large enterprises. The large enterprises are most likely to dominate the segment during the forecasted period due to their flexibility and large investment ability.

By vertical, it can be segmented into Telecom, Government and Education, financial services, consumer, healthcare, and manufacturing. Healthcare and consumer segment is likely to drive the market growth.

The region segment can be further divided into five major types including North America, Latin America, Europe, APAC, and MENA.

Global Cloud Managed Services Market: Drivers and Restraints

The rise in demand among SMSE increases the market size

The rising demand for cloud managed services among small and medium scaled businesses for managing their application and storing data is the major driver of the market growth. The features such as cost efficiency, real-time access, economical manner and update in business application increase the demand of this market. Other benefits of cloud managed services include IT functionality and customized services of IT. Apart from this, enterprises can get better payoff due to the usage of cloud managed services, it helps in quickly connecting to the end-users as wells as creating business value of organizations.

Private data leakage and inefficiency acts as a restraint in the market

The major restraint in the cloud managed services market is the risk of private data leakage as third party cloud-based management increase the risk for data misuse and theft. Additionally, the lack of efficiency in service technology and non-supporting IT infrastructure also hampers the growth of the market. The high cost of installation and maintenance also abstain from small and medium-sized enterprises to invest in this market.

Cloud Managed Services Market: Regions

The region segment can be further divided into five major types including North America, Latin America, Europe, APAC, and MENA.

APAC region is expected to register the highest growth due to the increased demand for cloud managed services by small and medium-sized enterprises. It enables organizations to increase their revenue and productivity of employees. While, on the other hand, North America is to hold the largest market share because of the high adoption of cloud-based business applications, managed service for security management, network operations, and cloud application management.

Source: Global

The Cloud Managed Services Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities-o-Y Growth, CAGR the United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR Mexico, Argentina, Brazil and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR North Africa, Israel, GCC, South Africa and Rest of MENA

Cloud Managed Services Market: Key players

Infosys Limited

Business Strategy

Key Product offerings

Financial performance

Key Performance Indicators

Risk Analysis

Recent Development

Regional Presence

SWOT Analysis

Cisco Systems Inc

Accenture PLC

Ericsson

International Business Machines Corporation

Amazon Web Services

NTT DATA Corporation

Fujitsu Limited

Hewlett Packard Enterprise Company

NEC Corporation

Alcatel Lucent

DLT Solutions.

The Cloud Managed Services Market report also contains analysis on:

Cloud Managed Services Market segments:-

By service type

business

network

security

data center

mobility

By deployment insight

Public

Private

By end-user

small and medium-sized enterprises

large enterprises

By vertical

Telecom

Government and Education

financial services

consumer

healthcare

manufacturing

Cloud Managed Services Market dynamics

Cloud Managed Services Market size

Supply and Demand

Current Trends/Issues/Challenges

Competition and Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

FAQs on Cloud Managed Services Market

Which segment is anticipated to hold the largest market share?

At what CAGR is the market anticipated to grow between 2020 and 2030?

Who are the key players in the Cloud Managed Services Market?

What could be the challenging factors for the growth of Global Cloud Managed Services Market?

What are the growth drivers for the Cloud Managed Services Market?

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This report provides detail analysis of the market and have a comprehensive understanding of the Cloud Managed Services market and its commercial landscape. Learn about the various market strategies that are being adopted by leading companies.It provides a five-year forecast assessed based on how the Cloud Managed Services market is predicted to grow.It provides insightful analysis of changing competition dynamics and keeps you ahead of competitors.To understand the future scope and outlooks for the Cloud Managed Services market.Cloud Managed Services Market Forecast by regions, type and application, with sales and revenue, from 2023.Cloud Managed Services Market Share, distributors, major suppliers, changing price patterns and the supply chain of raw materials is highlighted in the report.

Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

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Detailed TOC of Global Cloud Managed Services Market Outlook to 2030

1.Executive Summary

2.Cloud Managed Services Market

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4.Average Pricing Analysis

5. Macro-Economic Indicators

6.Market Dynamics

6.1. Growth Drivers

6.2. Restraints

6.3. Opportunity

6.4. Trends

7.Correlation and Regression Analysis

7.1. Correlation Matrix

7.2. Regression Matrix

8.Recent Development, Policies and Regulatory Landscape

9. Risk Analysis

9.1. Demand Risk Analysis

9.2. Supply Risk Analysis

10.Cloud Managed Services Analysis

10.1. Porters Five Forces

10.1.1. Threat of New Entrants

10.1.2. Bargaining Power of Suppliers

10.1.3. Threat of Substitutes

10.1.4. Rivalry

10.2. PEST Analysis

10.2.1. Political

10.2.2. Economic

10.2.3. Social

10.2.4. Technological

11 Cloud Managed Services Market

11.1. Market Size and forecast, 2019A-2030F

11.1.1. By Value (USD Million) 2019-2030

11.1.2. By Volume (Million Units) 2019-2030

12.Cloud Managed Services: Market Segmentation

12.1. By Regions

13. Company Profile

13.1.2. Company Overview

13.1.3. Company Total Revenue (Financials)

13.1.4. Market Potential

13.1.5. Global Presence

13.1.6. Key Performance Indicators

13.1.7. SWOT Analysis

13.1.8. Product Launch

14. Consultant Recommendation

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