Cloud Managed Services Market Size, Share, Growth Report 2032

Cloud Managed Services Market

Cloud Managed Services Market by Service Type (Managed Network Services, Managed Infrastructure Services, Managed Data Center Services, Managed Security Services, and Others), By Organization Size (Private Cloud and Public Cloud), By Organization Size (Large Enterprises and SMEs), and By Industry Vertical (Government, Telecom & IT, BFSI, Retail, Healthcare, Energy, Manufacturing, and Others) -Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2025.

Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-1347 Published Date: Feb-2020 Status : Published

The market for cloud managed services was valued USD 30.97 billion in 2018 and is expected to reach around USD 81.30 billion by 2025, at a CAGR approximately 14.78 % for the forecast period from 2019 to 2025.

The global cloud managed services market was estimated at 30.97 (USD Billion) in 2018 and is projected to hit revenue worth nearly 81.30 (USD Billion) by 2025 growing at a CAGR of nearly 14.78% during the period from 2019 to 2025. The report offers valuation and analysis of surface protection tapes market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, revenue estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on value (USD Billion).

Key Market Driving Factors

The escalating requirements for managing critical IT procedures and business applications along with the need for easing the handling of major business applications will propel the demand for cloud managed services over the years to come.  Furthermore, cloud managed services assist the organization in enhancing its dynamism, agility, and capability to respond to the changing business scenario.

Apart from this, firms can derive better payoff through the use of cloud managed services. Moreover, cloud managed solutions help the organizations in connecting quickly with end-users along with creating business value for the firms. In addition to this, this new service proposition has the ability to reduce physical IT infrastructure costs. Apparently, the cloud managed services can impact the moment of truth, thereby not only influencing the earnings of the industry players but also the growth of the cloud managed services market.

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North America To Make Notable Contributions Towards Overall Market Share By 2025

The growth of the regional market over the forecast period is owing to the huge presence of major players such as IBM Corporation, Century Link Incorporation, and Cisco Systems in the countries like the U.S. and Canada.

Key players influencing the cloud managed services industry include Fujitsu Limited, International Business Machines Corporation, NTT DATA Corporation, NEC Corporation, Ericsson Telecommunications, Cisco Systems, Accenture plc, CenturyLink, Inc., Civica, and DXC Technology Company.

The report segments the cloud managed services market as follows:

Global Cloud Managed Services Market: Service Type Segment Analysis

  • Managed network services
  • Managed infrastructure services
  • Managed data center services
  • Managed security services
  • Others

Global Cloud Managed Services Market: Deployment Type Segment Analysis

  • Private Cloud
  • Public Cloud

Global Cloud Managed Services Market: Organization Size Segment Analysis

  • Large Enterprises
  • SMEs

Global Cloud Managed Services Market: Industry Vertical Segment Analysis

  • Government
  • Telecom and IT
  • BFSI
  • Retail
  • Healthcare
  • Energy
  • Manufacturing
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Finland
      • Iceland
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • New Zealand
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Kuwait
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

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