Cloud Professional Services Market - Global Industry Analysis

Cloud Professional Services Market By Service Type (Integration and Optimization, Consulting, Implementation and Migration, Application Development and others), By Industry Vertical (BFSI, Healthcare, Retail and others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2028

Published Date: 04-Aug-2021 Category: Technology & Media Report Format : PDF Pages: 150 Report Code: ZMR-2101 Status : Published

The Global Cloud Professional Services Market accounted for USD 14.18 Billion in 2020 and is expected to reach USD 48.13 Billion by 2028, growing at a CAGR of 16.5 from 2021 to 2028.

Description

Market Overview

The Global Cloud Professional Services Market accounted for USD 14.18 Billion in 2020 and is expected to reach USD 48.13 Billion by 2028, growing at a CAGR of 16.5 from 2021 to 2028.

Cloud Professional Services provides cloud based infrastructure that adapts and evolves with the business. These services help the customers access business and technology requirements and manage IT operations for maximum efficiency and scalable growth. These services help analyze, build and deploy the IT strategy that supports and scales the organization. The market is primarily driven by variety of services offered by cloud providers. Organization around the globe have been coming up with new innovative cloud services which have integrated set of tools for commercial enterprises who need up-to-date cost data and efficient solutions. These services are intended to provide increased visibility and efficiency in the operations of the organizations, thus facilitating smooth function of overall processes.

Global Cloud Professional Services Market Size

COVID-19 Impact Analysis

The COVID-19 pandemic has disrupted the entire eco-system of all industries globally. To maintain safety during the pandemic, many organizations have changed their policies and regulations. Due to the restricted lockdowns, businesses had to change their functioning and reconsider operational choices. There has been increased demand for the cloud services as many organizations are preferring in this pandemic. Governments are also working closely with the cloud providers to fight the pandemic. White House had recently announced COVID-19 High Performance Computing Consortium in order to provide the COVID-19 researchers globally with the access to the most powerful high-performance computing resources.

Growth Factors

The increasing adoption of the cloud is due to the variety of services offered by the cloud providers. The CPS vendors have also increased their offerings by using new technologies such as AI and ML with integrating the cloud platforms, thus creating an eco-system for the clients. The factors such as increased efficiency, risk mitigation, reduced cost and increased competition have been encouraging the organizations to opt for cloud professional services. Also, the cloud service providers and vendors have been making strategic partnerships to make cloud adoption a seamless experience for the customers.

The rising adoption of robotics on account of emerging automation trends in the manufacturing processes has further influenced the demand for the cloud professional services to deploy the robotic applications on cloud. The increasing focus on digitizing the business processes is further paving the way for these cloud services. The usage of AI and ML by the service providers is making the overall environment of Information Technology agile, thus propelling the growth of this market.

Report Scope :

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Service Type Analysis Preview

The Cloud Professional Services vendors offer the consulting services to the customers who have limited knowledge and awareness regarding the current enterprise infrastructure. The customers who intend to upgrade its infrastructure can harness the expertise of cloud professional service providers and thus benefit to the maximum from these services. These consulting services also include the function of spreading the information to those who want to expand their storages and want to upgrade the existing features.

Cloud integration is the system of tools and technologies that connect various applications, repositories and systems for real time exchange of data. These integration services have opened a world of new opportunities for the organizations wanting to connect disparate systems. Employing these services gives the organizations a comprehensive access and visibility into their data thus improving functional connectivity.

Global Cloud Professional Services Market Share

Industry Vertical Analysis Preview

This is due to the fact that usage of cloud services increases the efficiency of the industry, thus decreasing the overall costs. The cloud computing makes the medical records sharing much easier and safer, facilitates the creation of telehealth applications and automated backend operations. The Cloud platform is useful in the medical sector in scheduling, registration, medical records storing and billings. These services also helps in streamlining manual processes and drag out important data out of its silos, thus enhancing the patient’s experience.

Regional Analysis Preview

North America held a share of 35% in 2020. It is supposed to be one of the highest revenue-generating regions for this market during the forecasted period. This high growth is due to the fact US markets have adopted the cloud based markets very early. The scarcity of the resources to create in-house facilities and increasing demand of using own devices are the factors helping this region to have a greater demand. The IT management complexity combined with the ability to deploy new applications faster are the primary drivers for this market.

Asia-Pacific is expected to have the CAGR of 19.2% from 2021 to 2028. This is due to the fact that there has been increasing demand for digitization driven by various initiatives by the government in the region. Countries have been readily adopting new age technologies such as AI, IoT, Analytics and cloud. This rising adoption of cloud is paving the higher demand for the cloud based services. Also, the affordability and ease of deployment of cloud services are the major factors for the demand.

Global Cloud Professional Services Market Regional Analysis

Key Market Players & Competitive Landscape

Some of the key players in the Cloud Professional Services Market include Capgemini SE, Accenture PLC, Cisco Systems Inc., Amazon Web Services Inc. (Amazon.com, Inc.), Hewlett Packard Enterprise Company, Atos SE, Microsoft Corporation , Dell Technologies Inc., Fujitsu Limited, HCL Technologies Limited, Infosys Limited, NTT DATA Corporation (Nippon Telegraph and Telephone), Oracle Corporation and SAP SE.

In February 2021, Accenture launched New Business Group with VMware in order to help organizations move to the cloud at a faster rate. The new business group will launch a specialized VMware cloud migration factory to migrate computing workloads to cloud efficiently, rapidly and more securely.

The Global Cloud Professional Services Market is segmented as follows:

By Service Type

  • Integration and Optimization
  • Consulting
  • Implementation and Migration
  • Application Development

By Industry Vertical

  • BFSI
  • Healthcare
  • Retail

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Service Type
        • 2.1.1.2. Market Attractiveness Analysis, By Industrial Vertical
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Cloud Professional Services Market, 2016 – 2028 (USD Million)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Cloud Professional Services Market – Service Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Service Type, 2020 & 2028
    • 4.2. Integration and Optimization
      • 4.2.1. Market Size and Forecast, By Region (USD Million)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Consulting
      • 4.3.1. Market Size and Forecast, By Region (USD Million)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Implementation and Migration
      • 4.4.1. Market Size and Forecast, By Region (USD Million)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.5. Application Development
      • 4.5.1. Market Size and Forecast, By Region (USD Million)
      • 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.5.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Cloud Professional Services Market – Industrial Vertical Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Industrial Vertical, 2020 & 2028
    • 5.2. BFSI
      • 5.2.1. Market Size and Forecast, By Region (USD Million)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Healthcare
      • 5.3.1. Market Size and Forecast, By Region (USD Million)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Retail
      • 5.4.1. Market Size and Forecast, By Region (USD Million)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6 Cloud Professional Services Market – Regional Analysis
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Million)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 6.2.2. North America Market Revenue, By Service Type, 2016 – 2028
      • 6.2.3. North America Market Revenue, By Industrial Vertical, 2016 – 2028
      • 6.2.4. U.S.
        • 6.2.4.1. U.S. Market Revenue, By Service Type, 2016 – 2028
        • 6.2.4.2. U.S. Market Revenue, By Industrial Vertical, 2016 – 2028
      • 6.2.5. Canada
        • 6.2.5.1. Canada Market Revenue, By Service Type, 2016 – 2028
        • 6.2.5.2. Canada Market Revenue, By Industrial Vertical, 2016 – 2028
      • 6.2.6. Mexico
        • 6.2.6.1. Mexico Market Revenue, By Service Type, 2016 – 2028
        • 6.2.6.2. Mexico Market Revenue, By Industrial Vertical, 2016 – 2028
    • 6.3. Europe
      • 6.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 6.3.2. Europe Market Revenue, By Service Type, 2016 – 2028
      • 6.3.3. Europe Market Revenue, By Industrial Vertical, 2016 – 2028
      • 6.3.4. Germany
        • 6.3.4.1. Germany Market Revenue, By Service Type, 2016 – 2028
        • 6.3.4.2. Germany Market Revenue, By Industrial Vertical, 2016 – 2028
      • 6.3.5. France
        • 6.3.5.1. France Market Revenue, By Service Type, 2016 – 2028
        • 6.3.5.2. France Market Revenue, By Industrial Vertical, 2016 – 2028
      • 6.3.6. U.K.
        • 6.3.6.1. U.K. Market Revenue, By Service Type, 2016 – 2028
        • 6.3.6.2. U.K. Market Revenue, By Industrial Vertical, 2016 – 2028
      • 6.3.7. Italy
        • 6.3.7.1. Italy Market Revenue, By Service Type, 2016 – 2028
        • 6.3.7.2. Italy Market Revenue, By Industrial Vertical, 2016 – 2028
      • 6.3.8. Spain
        • 6.3.8.1. Spain Market Revenue, By Service Type, 2016 – 2028
        • 6.3.8.2. Spain Market Revenue, By Industrial Vertical, 2016 – 2028
      • 6.3.9. Rest of Europe
        • 6.3.9.1. Rest of Europe Market Revenue, By Service Type, 2016 – 2028
        • 6.3.9.2. Rest of Europe Market Revenue, By Industrial Vertical, 2016 – 2028
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 6.4.2. Asia Pacific Market Revenue, By Service Type, 2016 – 2028
      • 6.4.3. Asia Pacific Market Revenue, By Industrial Vertical, 2016 – 2028
      • 6.4.4. China
        • 6.4.4.1. China Market Revenue, By Service Type, 2016 – 2028
        • 6.4.4.2. China Market Revenue, By Industrial Vertical, 2016 – 2028
      • 6.4.5. Japan
        • 6.4.5.1. Japan Market Revenue, By Service Type, 2016 – 2028
        • 6.4.5.2. Japan Market Revenue, By Industrial Vertical, 2016 – 2028
      • 6.4.6. India
        • 6.4.6.1. India Market Revenue, By Service Type, 2016 – 2028
        • 6.4.6.2. India Market Revenue, By Industrial Vertical, 2016 – 2028
      • 6.4.7. South Korea
        • 6.4.7.1. South Korea Market Revenue, By Service Type, 2016 – 2028
        • 6.4.7.2. South Korea Market Revenue, By Industrial Vertical, 2016 – 2028
      • 6.4.8. South-East Asia
        • 6.4.8.1. South-East Asia Market Revenue, By Service Type, 2016 – 2028
        • 6.4.8.2. South-East Asia Market Revenue, By Industrial Vertical, 2016 – 2028
      • 6.4.9. Rest of Asia Pacific
        • 6.4.9.1. Rest of Asia Pacific Market Revenue, By Service Type, 2016 – 2028
        • 6.4.9.2. Rest of Asia Pacific Market Revenue, By Industrial Vertical, 2016 – 2028
    • 6.5. Latin America
      • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 6.5.2. Latin America Market Revenue, By Service Type, 2016 – 2028
      • 6.5.3. Latin America Market Revenue, By Industrial Vertical, 2016 – 2028
      • 6.5.4. Brazil
        • 6.5.4.1. Brazil Market Revenue, By Service Type, 2016 – 2028
        • 6.5.4.2. Brazil Market Revenue, By Industrial Vertical, 2016 – 2028
      • 6.5.5. Argentina
        • 6.5.5.1. Argentina Market Revenue, By Service Type, 2016 – 2028
        • 6.5.5.2. Argentina Market Revenue, By Industrial Vertical, 2016 – 2028
      • 6.5.6. Rest of Latin America
        • 6.5.6.1. Rest of Latin America Market Revenue, By Service Type, 2016 – 2028
        • 6.5.6.2. Rest of Latin America Market Revenue, By Industrial Vertical, 2016 – 2028
    • 6.6. The Middle-East and Africa
      • 6.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 6.6.2. The Middle-East and Africa Market Revenue, By Service Type, 2016 – 2028
      • 6.6.3. The Middle-East and Africa Market Revenue, By Industrial Vertical, 2016 – 2028
      • 6.6.4. GCC Countries
        • 6.6.4.1. GCC Countries Market Revenue, By Service Type, 2016 – 2028
        • 6.6.4.2. GCC Countries Market Revenue, By Industrial Vertical, 2016 – 2028
      • 6.6.5. South Africa
        • 6.6.5.1. South Africa Market Revenue, By Service Type, 2016 – 2028
        • 6.6.5.2. South Africa Market Revenue, By Industrial Vertical, 2016 – 2028
      • 6.6.6. Rest of Middle-East Africa
        • 6.6.6.1. Rest of Middle-East Africa Market Revenue, By Service Type, 2016 – 2028
        • 6.6.6.2. Rest of Middle-East Africa Market Revenue, By Industrial Vertical, 2016 – 2028
  • Chapter No. 7 Cloud Professional Services Market – Industry Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
      • 7.2.1. Driving Factor 1 Analysis
      • 7.2.2. Driving Factor 2 Analysis
    • 7.3. Market Restraints
      • 7.3.1. Restraining Factor Analysis
    • 7.4. Market Opportunities
      • 7.4.1. Market Opportunity Analysis
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. Technology Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Europe
      • 7.9.3. Asia Pacific
      • 7.9.4. Latin America
      • 7.9.5. The Middle-East and Africa
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8 Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Cloud Professional Services Market: Company Market Share, 2019
      • 8.1.2. Global Cloud Professional Services Market, Company Market Revenue, 2016 – 2019 (USD Million)
      • 8.1.3. Global Cloud Professional Services Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Cloud Professional Services Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9 Company Profiles
    • 9.1. Capgemini SE
      • 9.1.1. Company Overview
      • 9.1.2. Key Executives
      • 9.1.3. Product Portfolio
      • 9.1.4. Financial Overview
      • 9.1.5. Operating Business Segments
      • 9.1.6. Business Performance
      • 9.1.7. Recent Developments
    • 9.2. Accenture PLC
    • 9.3. Cisco Systems Inc.
    • 9.4. Amazon Web Services Inc.
    • 9.5. Hewlett Packard Enterprise Company
    • 9.6. Atos SE
    • 9.7. Microsoft Corporation
    • 9.8. Dell Technulogies Inc.
    • 9.9. Fujitsu Limited
    • 9.10. HCL Technulogies Limited
    • 9.11. Infosys Limited
    • 9.12. NTT DATA Corporation (Nippon Telegraph and Telephone)
    • 9.13. Oracle Corporation
    • 9.14. SAP SE
  • Chapter No. 10 Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11 Research Methodology
    • 11.1. Research Methodology
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

Table Of Figures

List of Figures

FIG NO. 1. Market Attractiveness Analysis, By Service Type
FIG NO. 2. Market Attractiveness Analysis, By Industrial Vertical
FIG NO. 3. Market Attractiveness Analysis, By Region
FIG NO. 4. Global Cloud Professional Services Market Revenue, 2016 – 2028 (USD Million)
FIG NO. 5. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 6. Market Revenue Share, By Service Type, 2020 & 2028
FIG NO. 7. Global Cloud Professional Services Market for Integration and Optimization, Revenue (USD Million) 2016 – 2028
FIG NO. 8. Comparative Revenue Analysis of Cloud Professional Services Market for Integration and Optimization, By Country, 2020 & 2028
FIG NO. 9. Global Cloud Professional Services Market for Consulting, Revenue (USD Million) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of Cloud Professional Services Market for Consulting, By Country, 2020 & 2028
FIG NO. 11. Global Cloud Professional Services Market for Implementation and Migration, Revenue (USD Million) 2016 – 2028
FIG NO. 12. Comparative Revenue Analysis of Cloud Professional Services Market for Implementation and Migration, By Country, 2020 & 2028
FIG NO. 13. Global Cloud Professional Services Market for Application Development, Revenue (USD Million) 2016 – 2028
FIG NO. 14. Comparative Revenue Analysis of Cloud Professional Services Market for Application Development, By Country, 2020 & 2028
FIG NO. 15. Market Revenue Share, By Industrial Vertical, 2020 & 2028
FIG NO. 16. Global Cloud Professional Services Market for BFSI, Revenue (USD Million) 2016 – 2028
FIG NO. 17. Comparative Revenue Analysis of Cloud Professional Services Market for BFSI, By Country, 2020 & 2028
FIG NO. 18. Global Cloud Professional Services Market for Healthcare, Revenue (USD Million) 2016 – 2028
FIG NO. 19. Comparative Revenue Analysis of Cloud Professional Services Market for Healthcare, By Country, 2020 & 2028
FIG NO. 20. Global Cloud Professional Services Market for Retail, Revenue (USD Million) 2016 – 2028
FIG NO. 21. Comparative Revenue Analysis of Cloud Professional Services Market for Retail, By Country, 2020 & 2028
FIG NO. 22. Global Cloud Professional Services Market Revenue Share, By Region, 2020 & 2028
FIG NO. 23. North America Cloud Professional Services Market Revenue, 2016 - 2028 (USD Million)
FIG NO. 24. Porter’s Five Forces Analysis for Global Cloud Professional Services Market
FIG NO. 25. PEST Analysis for Global Cloud Professional Services Market
FIG NO. 26. Pricing Analysis for Global Cloud Professional Services Market
FIG NO. 27. Value Chain Analysis for Global Cloud Professional Services Market
FIG NO. 28. Company Share Analysis, 2019
FIG NO. 29. Radar Determinant Chart, 2019
FIG NO. 30. Company Strategic Developments – Heat Map Analysis
FIG NO. 31. Capgemini SE Business Segment Revenue Share, 2020 (%)
FIG NO. 32. Capgemini SE Geographical Segment Revenue Share, 2020 (%)
FIG NO. 33. Market Channels
FIG NO. 34. Marketing Channel Development Trend
FIG NO. 35. Growth in World Gross Product, 2008-2018
FIG NO. 36. Research Methodology – Detailed View
FIG NO. 37. Research Methodology
 


Table Of Tables

List of Tables

TABLE NO. 1. Global Cloud Professional Services Market: Snapshot
TABLE NO. 2. Quarterly Cloud Professional Services Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Cloud Professional Services Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
TABLE NO. 6. Global Cloud Professional Services Market for Integration and Optimization, by Region, 2016 – 2028 (USD Million)
TABLE NO. 7. Global Cloud Professional Services Market for Consulting, by Region, 2016 – 2028 (USD Million)
TABLE NO. 8. Global Cloud Professional Services Market for Implementation and Migration, by Region, 2016 – 2028 (USD Million)
TABLE NO. 9. Global Cloud Professional Services Market for Application Development, by Region, 2016 – 2028 (USD Million)
TABLE NO. 10. Global Cloud Professional Services Market for BFSI, by Region, 2016 – 2028 (USD Million)
TABLE NO. 11. Global Cloud Professional Services Market for Healthcare, by Region, 2016 – 2028 (USD Million)
TABLE NO. 12. Global Cloud Professional Services Market for Retail, by Region, 2016 – 2028 (USD Million)
TABLE NO. 13. Global Cloud Professional Services Market Revenue, By Region, 2016 – 2028 (USD Million)
TABLE NO. 14. North America Cloud Professional Services Market Revenue, By Country, 2016 – 2028 (USD Million)
TABLE NO. 15. North America Cloud Professional Services Market Revenue, By Service Type, 2016 – 2028 (USD Million)
TABLE NO. 16. North America Cloud Professional Services Market Revenue, By Industrial Vertical, 2016 – 2028 (USD Million)
TABLE NO. 17. U.S. Cloud Professional Services Market Revenue, By Service Type, 2016 – 2028 (USD Million)
TABLE NO. 18. U.S. Cloud Professional Services Market Revenue, By Industrial Vertical, 2016 – 2028 (USD Million)
TABLE NO. 19. Canada Cloud Professional Services Market Revenue, By Service Type, 2016 – 2028 (USD Million)
TABLE NO. 20. Canada Cloud Professional Services Market Revenue, By Industrial Vertical, 2016 – 2028 (USD Million)
TABLE NO. 21. Mexico Cloud Professional Services Market Revenue, By Service Type, 2016 – 2028 (USD Million)
TABLE NO. 22. Mexico Cloud Professional Services Market Revenue, By Industrial Vertical, 2016 – 2028 (USD Million)
TABLE NO. 23. Drivers for the Cloud Professional Services Market: Impact Analysis
TABLE NO. 24. Restraints for the Cloud Professional Services Market: Impact Analysis
TABLE NO. 25. Major Buyers of Cloud Professional Services
TABLE NO. 26. Distributors/Traders List of Cloud Professional Services
TABLE NO. 27. Global Cloud Professional Services Market, Company Market Revenue, 2016 – 2019 (USD Million)
TABLE NO. 28. Global Cloud Professional Services Market, Company Y-o-Y Growth, 2017 – 2019 (USD Million)

Methodology

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FrequentlyAsked Questions

The Global Cloud Professional Services Market was valued at USD 14.18 Billion in 2020.

The Global Cloud Professional Services Market is expected to reach USD 48.13 Billion by 2028, growing at a CAGR of 16.5% between 2021 to 2028.

Some of the key factors driving the Global Cloud Professional Services Market growth are increasing adoption of the cloud is due to the variety of services offered by the cloud providers and CPS vendors having increased their offerings by using new technologies such as AI and ML with integrating the cloud platforms, thus creating an eco-system for the clients. The factors such as increased efficiency, risk mitigation, reduced cost and increased competition have been encouraging the organizations to opt for cloud professional services. Also, the cloud service providers and vendors have been making strategic partnerships to make cloud adoption a seamless experience for the customers.

North America held a share of 35% in 2020. It is supposed to be one of the highest revenue-generating regions for this market during the forecasted period. This high growth is due to the fact US markets have adopted the cloud based markets very early. The scarcity of the resources to create in-house facilities and increasing demand of using own devices are the factors helping this region to have a greater demand. The IT management complexity combined with the ability to deploy new applications faster are the primary drivers for this market.

Some of the key players in the Cloud Professional Services Market include Capgemini SE, Accenture PLC, Cisco Systems Inc., Amazon Web Services Inc. (Amazon.com, Inc.), Hewlett Packard Enterprise Company, Atos SE, Microsoft Corporation , Dell Technologies Inc., Fujitsu Limited, HCL Technologies Limited, Infosys Limited, NTT DATA Corporation (Nippon Telegraph and Telephone), Oracle Corporation and SAP SE.

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