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Global Cloud Managed Services Market by Service Type (Managed Business Services, Managed Communication Services, Managed Infrastructure Services), Organization Size (Large Enterprises, Small & Medium Enterprises), Vertical - Forecast 2024-2030

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    Report

  • 189 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 4989795
UP TO OFF until Dec 31st 2024
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The Cloud Managed Services Market size was estimated at USD 107.05 billion in 2023, USD 118.14 billion in 2024, and is expected to grow at a CAGR of 10.58% to reach USD 216.55 billion by 2030.

Cloud-managed services enable designing, building, and managing comprehensive cloud solutions by addressing the specifications of infrastructure management, service management, application service management, automation, and DevOps, cybersecurity, and risk & compliance. Increasing IT spending of organizations on deploying cloud services, along with government support for expanding cloud computing usage across small & medium-sized enterprises, are driving the need for cloud-managed services. In the past few years, users have also been integrating cloud services with AI, IoT, and other technologies, which necessitate managed services for a secure and effective utilization of the cloud. However, complexity in integrations with third-party applications and security & data privacy concerns limit the adoption of cloud-managed services. Market players are introducing customized solutions that offer scalability and seamless deployment capabilities through an integrated approach based on data security to curb the limitations. The growing interest of enterprises in anything-as-a-service technologies and enhanced focus on elevating cloud computing sustainability is expected to increase the utilization of cloud-managed services in the coming years.

Regional Insights

The Americas region portrays an advanced landscape in cloud-managed services, driven by well-established market players with significant expertise in cloud offerings working on enhancing product portfolios with investments in R&D activities. The U.S. and Canada observe a large-scale deployment of cloud services in multinational corporations and medium enterprises, with startups in the region actively partnering with these users to attain a bigger presence in the market. The European region is home to the most number of small & medium-sized enterprises across the UK, Germany, Italy, and France that have shifted to cloud technologies. With the Russia-Ukraine conflict causing cybersecurity risks across the region, business organizations largely use managed security and network services. The Asia-Pacific region is an emerging market for cloud-managed services as the region is on a gradual digital transformation, with many business enterprises shifting to remote work environments on the cloud. The region portrays a high potential for expansion for international companies, particularly across China, Japan, India, and Australia.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Cloud Managed Services Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Cloud Managed Services Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Cloud Managed Services Market, highlighting leading vendors and their innovative profiles. These include Accenture PLC, Alibaba Group, Amazon Web Services, Inc., Capgemini SE, Cisco Systems, Inc., Cloudian Inc., Cloudreach Group by Eviden, Cloudticity LLC, Cognizant Technology Solutions Corp., DXC Technology Company, Google LLC by Alphabet Inc., HashiCorp, Inc., HCL Technologies Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co., Ltd., Informatica Inc., Infosys Ltd., International Business Machines Corporation, Kyndryl Inc., Linode LLC by Akamai Technologies, Inc., Microsoft Corporation, NTT Limited, OVH SAS, Salesforce, Inc., SAP SE, ServiceNow, Tata Consultancy Services, Tencent Cloud, UpCloud Ltd., Vercel Inc., Veritis Group Inc., and Wipro Ltd.

Market Segmentation & Coverage

This research report categorizes the Cloud Managed Services Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Service Type
    • Managed Business Services
    • Managed Communication Services
    • Managed Infrastructure Services
    • Managed Mobility Services
    • Managed Network Services
    • Managed Security Services
  • Organization Size
    • Large Enterprises
    • Small & Medium Enterprises
  • Vertical
    • Banking, Financial Services & Insurance
    • Energy & Utilities
    • Government
    • Healthcare
    • Manufacturing
    • Retail
    • Telecom & IT
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Cloud Managed Services Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Cloud Managed Services Market?
  3. What are the technology trends and regulatory frameworks in the Cloud Managed Services Market?
  4. What is the market share of the leading vendors in the Cloud Managed Services Market?
  5. Which modes and strategic moves are suitable for entering the Cloud Managed Services Market?

Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report

Please note: This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.

This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Cloud Managed Services Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing IT spending of the organizations on deploying cloud services
5.1.1.2. Government initiatives encouraging the adoption of cloud computing
5.1.1.3. Integration of cloud services with AI, IoT, and big data technologies
5.1.2. Restraints
5.1.2.1. Complexity in integrations with third-party applications and legacy systems
5.1.3. Opportunities
5.1.3.1. Surging attractiveness of anything as-a-service technologies
5.1.3.2. Improving focus on elevating cloud computing sustainability
5.1.4. Challenges
5.1.4.1. Risks associated with data security and limited trust in cloud-managed service providers
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Cloud Managed Services Market, by Service Type
6.1. Introduction
6.2. Managed Business Services
6.3. Managed Communication Services
6.4. Managed Infrastructure Services
6.5. Managed Mobility Services
6.6. Managed Network Services
6.7. Managed Security Services
7. Cloud Managed Services Market, by Organization Size
7.1. Introduction
7.2. Large Enterprises
7.3. Small & Medium Enterprises
8. Cloud Managed Services Market, by Vertical
8.1. Introduction
8.2. Banking, Financial Services & Insurance
8.3. Energy & Utilities
8.4. Government
8.5. Healthcare
8.6. Manufacturing
8.7. Retail
8.8. Telecom & IT
9. Americas Cloud Managed Services Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Cloud Managed Services Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Cloud Managed Services Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
12.3.1. Merger & Acquisition
12.3.1.1. Aptum Strengthens its Hybrid Multi-Cloud MSP Position with the Acquisition of Montreal-based CloudOps, an AWS, Google and Edge-to-Cloud SaaS Orchestrator
12.3.1.2. ZainTech enters agreement to acquire leading managed cloud provider, BIOS Middle East.
12.3.1.3. ATSG Further Enhances its Managed Services, Cloud, and Security Portfolio, with Acquisition of Vology, Inc..
12.3.2. Agreement, Collaboration, & Partnership
12.3.2.1. Healthcare Triangle Announces USD 3 Million Cloud DevOps Managed Services Agreement.
12.3.2.2. Hitachi Systems Announces a New Strategic Collaboration Agreement with AWS to Expand the Range of Managed Services.
12.3.3. New Product Launch & Enhancement
12.3.3.1. TCS launches Managed Services for Security with SAP on Azure.
12.3.4. Investment & Funding
12.3.4.1. Vantage Raises USD 21 Million Series A to Help Companies Manage and Optimize Their Cloud Costs.
12.3.4.2. Oracle to invest USD 2.4 billion quarterly in cloud infra as demand grows in triple digits.
12.3.4.3. Liberty Lake-based Vega Cloud raises USD 9 million in funding for product development, business growth.
12.3.5. Award, Recognition, & Expansion
12.3.5.1. Tech Data launches cloud services in Australia.
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Accenture PLC
13.1.2. Alibaba Group
13.1.3. Amazon Web Services, Inc.
13.1.4. Capgemini SE
13.1.5. Cisco Systems, Inc.
13.1.6. Cloudian Inc.
13.1.7. Cloudreach Group by Eviden
13.1.8. Cloudticity LLC
13.1.9. Cognizant Technology Solutions Corp.
13.1.10. DXC Technology Company
13.1.11. Google LLC by Alphabet Inc.
13.1.12. HashiCorp, Inc.
13.1.13. HCL Technologies Ltd.
13.1.14. Hewlett Packard Enterprise Co.
13.1.15. Huawei Technologies Co., Ltd.
13.1.16. Informatica Inc.
13.1.17. Infosys Ltd.
13.1.18. International Business Machines Corporation
13.1.19. Kyndryl Inc.
13.1.20. Linode LLC by Akamai Technologies, Inc.
13.1.21. Microsoft Corporation
13.1.22. NTT Limited
13.1.23. OVH SAS
13.1.24. Salesforce, Inc.
13.1.25. SAP SE
13.1.26. ServiceNow
13.1.27. Tata Consultancy Services
13.1.28. Tencent Cloud
13.1.29. UpCloud Ltd.
13.1.30. Vercel Inc.
13.1.31. Veritis Group Inc.
13.1.32. Wipro Ltd.
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
List of Figures
FIGURE 1. CLOUD MANAGED SERVICES MARKET RESEARCH PROCESS
FIGURE 2. CLOUD MANAGED SERVICES MARKET SIZE, 2023 VS 2030
FIGURE 3. CLOUD MANAGED SERVICES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. CLOUD MANAGED SERVICES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. CLOUD MANAGED SERVICES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. CLOUD MANAGED SERVICES MARKET DYNAMICS
FIGURE 7. CLOUD MANAGED SERVICES MARKET SIZE, BY SERVICE TYPE, 2023 VS 2030 (%)
FIGURE 8. CLOUD MANAGED SERVICES MARKET SIZE, BY SERVICE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. CLOUD MANAGED SERVICES MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2030 (%)
FIGURE 10. CLOUD MANAGED SERVICES MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. CLOUD MANAGED SERVICES MARKET SIZE, BY VERTICAL, 2023 VS 2030 (%)
FIGURE 12. CLOUD MANAGED SERVICES MARKET SIZE, BY VERTICAL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS CLOUD MANAGED SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS CLOUD MANAGED SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES CLOUD MANAGED SERVICES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES CLOUD MANAGED SERVICES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC CLOUD MANAGED SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC CLOUD MANAGED SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA CLOUD MANAGED SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA CLOUD MANAGED SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. CLOUD MANAGED SERVICES MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. CLOUD MANAGED SERVICES MARKET SHARE, BY KEY PLAYER, 2023

Companies Mentioned

  • Accenture PLC
  • Alibaba Group
  • Amazon Web Services, Inc.
  • Capgemini SE
  • Cisco Systems, Inc.
  • Cloudian Inc.
  • Cloudreach Group by Eviden
  • Cloudticity LLC
  • Cognizant Technology Solutions Corp.
  • DXC Technology Company
  • Google LLC by Alphabet Inc.
  • HashiCorp, Inc.
  • HCL Technologies Ltd.
  • Hewlett Packard Enterprise Co.
  • Huawei Technologies Co., Ltd.
  • Informatica Inc.
  • Infosys Ltd.
  • International Business Machines Corporation
  • Kyndryl Inc.
  • Linode LLC by Akamai Technologies, Inc.
  • Microsoft Corporation
  • NTT Limited
  • OVH SAS
  • Salesforce, Inc.
  • SAP SE
  • ServiceNow
  • Tata Consultancy Services
  • Tencent Cloud
  • UpCloud Ltd.
  • Vercel Inc.
  • Veritis Group Inc.
  • Wipro Ltd.

Methodology

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Table Information