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Global Cloud Managed Services Market By Service Type, By Enterprise Size, By Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 320 Pages
  • August 2022
  • Region: Global
  • Allied Market Research
  • ID: 5670995
Description Jump to:
Managed cloud services can encompass a variety of IT tasks, including engineering on demand, operations management, 24/7 help desk support, hosting, and implementation. By offloading these types of tasks to a trusted partner, businesses can free up their internal IT teams to focus on more complex initiatives and efforts that drive new business outcomes.

Rising demands for cloud applications are propelling the growth of the global cloud-managed services market. Furthermore, lower costs of cloud services and hyper-scaling capabilities are also expected to aid in the growth of cloud managed services industry. However, concerns regarding data security and privacy can hamper the market growth. Conversely, the growing demand for cloud and cloud services in SMEs is expected to offer remunerative opportunities for the expansion of the cloud managed services market during the forecast period.

The global cloud managed services market is segmented on the basis of service type, enterprise size, industry vertical, and region. Based on service type, the market is segmented into managed business services, managed network services, managed security services, managed infrastructure services, managed mobility services, and managed communication and collaboration services. Based on enterprise size, the market is segmented into large enterprises and SMEs. Depending on industry vertical, the market is classified into BFSI, healthcare, manufacturing, retail, IT and telecom, and others. Based on enterprise size, the market is segmented into large enterprises and SMEs. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global cloud managed services market is dominated by key players such as Accenture, ALE International, ALE USA Inc., Atos SE, Amazon Web Services, Inc, Cisco Systems, Inc., Cloudticity, Datacom Group Ltd, Telefonaktiebolaget LM Ericsson, FUJITSU, Hewlett Packard Enterprise Development LP, Huawei Technologies Co., Ltd, IBM Corporation, Infosys Limited, NEC Corporation, NTT DATA Corporation, RACKSPACE TECHNOLOGY, Tata Consultancy Services Limited, and Wipro. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the global cloud managed services market analysis from 2021 to 2031 to identify the prevailing global cloud managed services market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the global cloud managed services market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global global cloud managed services market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Service Type

  • Managed Business Services
  • Managed Network Services
  • Managed Security Services
  • Application
  • Managed LPS and LDS
  • Distributed Denial of Services
  • Unified Threat Management
  • Secured Information and Event Management
  • Firewall Management
  • Endpoint Security
  • Others
  • Managed Infrastructure Services
  • Managed Mobility Services
  • Managed Communication and Collaboration Services

By Enterprise Size

  • Large Enterprises
  • SMEs

By Industry Vertical

  • BFSI
  • Healthcare
  • Manufacturing
  • Retail
  • It And Telecom
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Mexico
  • UAE
  • Saudi Arabia
  • South Korea
  • Rest of LAMEA

Key Market Players

  • Accenture plc
  • ALE International, ALE USA Inc.
  • Atos SE
  • Amazon Web Services, Inc.
  • Cisco Systems, Inc.
  • Cloudticity
  • Datacom Group Ltd
  • Telefonaktiebolaget LM Ericsson
  • Fujitsu Ltd.
  • Hewlett Packard Enterprise Development LP
  • Huawei Technologies Co., Ltd
  • IBM Corporation
  • Infosys Limited
  • NEC Corporation
  • NTT DATA Corporation
  • RACKSPACE TECHNOLOGY
  • Tata Consultancy Services Limited
  • Wipro Limited

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: GLOBAL CLOUD MANAGED SERVICES MARKET, BY SERVICE TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Managed Business Services
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Managed Network Services
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Managed Security Services
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.4.4 Managed Security Services Global Cloud Managed Services Market by Application
4.4.4.1 Managed LPS and LDS Market size and forecast, by region
4.4.4.2 Managed LPS and LDS Market size and forecast, by country
4.4.4.3 Distributed Denial of Services Market size and forecast, by region
4.4.4.4 Distributed Denial of Services Market size and forecast, by country
4.4.4.5 Unified Threat Management Market size and forecast, by region
4.4.4.6 Unified Threat Management Market size and forecast, by country
4.4.4.7 Secured Information and Event Management Market size and forecast, by region
4.4.4.8 Secured Information and Event Management Market size and forecast, by country
4.4.4.9 Firewall Management Market size and forecast, by region
4.4.4.10 Firewall Management Market size and forecast, by country
4.4.4.11 Endpoint Security Market size and forecast, by region
4.4.4.12 Endpoint Security Market size and forecast, by country
4.4.4.13 Others Market size and forecast, by region
4.4.4.14 Others Market size and forecast, by country
4.5 Managed Infrastructure Services
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
4.6 Managed Mobility Services
4.6.1 Key market trends, growth factors and opportunities
4.6.2 Market size and forecast, by region
4.6.3 Market analysis by country
4.7 Managed Communication and Collaboration Services
4.7.1 Key market trends, growth factors and opportunities
4.7.2 Market size and forecast, by region
4.7.3 Market analysis by country
CHAPTER 5: GLOBAL CLOUD MANAGED SERVICES MARKET, BY ENTERPRISE SIZE
5.1 Overview
5.1.1 Market size and forecast
5.2 Large Enterprises
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 SMEs
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
CHAPTER 6: GLOBAL CLOUD MANAGED SERVICES MARKET, BY INDUSTRY VERTICAL
6.1 Overview
6.1.1 Market size and forecast
6.2 BFSI
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Healthcare
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Manufacturing
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
6.5 Retail
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market analysis by country
6.6 It And Telecom
6.6.1 Key market trends, growth factors and opportunities
6.6.2 Market size and forecast, by region
6.6.3 Market analysis by country
6.7 Others
6.7.1 Key market trends, growth factors and opportunities
6.7.2 Market size and forecast, by region
6.7.3 Market analysis by country
CHAPTER 7: GLOBAL CLOUD MANAGED SERVICES MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Service Type
7.2.2.1 North America Managed Security Services Global Cloud Managed Services Market by Application
7.2.3 North America Market size and forecast, by Enterprise Size
7.2.4 North America Market size and forecast, by Industry Vertical
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Service Type
7.2.5.1.1.1 U.S. Managed Security Services Global Cloud Managed Services Market by Application
7.2.5.1.2 Market size and forecast, by Enterprise Size
7.2.5.1.3 Market size and forecast, by Industry Vertical
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Service Type
7.2.5.2.1.1 Canada Managed Security Services Global Cloud Managed Services Market by Application
7.2.5.2.2 Market size and forecast, by Enterprise Size
7.2.5.2.3 Market size and forecast, by Industry Vertical
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Service Type
7.3.2.1 Europe Managed Security Services Global Cloud Managed Services Market by Application
7.3.3 Europe Market size and forecast, by Enterprise Size
7.3.4 Europe Market size and forecast, by Industry Vertical
7.3.5 Europe Market size and forecast, by country
7.3.5.1 UK
7.3.5.1.1 Market size and forecast, by Service Type
7.3.5.1.1.1 UK Managed Security Services Global Cloud Managed Services Market by Application
7.3.5.1.2 Market size and forecast, by Enterprise Size
7.3.5.1.3 Market size and forecast, by Industry Vertical
7.3.5.2 Germany
7.3.5.2.1 Market size and forecast, by Service Type
7.3.5.2.1.1 Germany Managed Security Services Global Cloud Managed Services Market by Application
7.3.5.2.2 Market size and forecast, by Enterprise Size
7.3.5.2.3 Market size and forecast, by Industry Vertical
7.3.5.3 France
7.3.5.3.1 Market size and forecast, by Service Type
7.3.5.3.1.1 France Managed Security Services Global Cloud Managed Services Market by Application
7.3.5.3.2 Market size and forecast, by Enterprise Size
7.3.5.3.3 Market size and forecast, by Industry Vertical
7.3.5.4 Italy
7.3.5.4.1 Market size and forecast, by Service Type
7.3.5.4.1.1 Italy Managed Security Services Global Cloud Managed Services Market by Application
7.3.5.4.2 Market size and forecast, by Enterprise Size
7.3.5.4.3 Market size and forecast, by Industry Vertical
7.3.5.5 Spain
7.3.5.5.1 Market size and forecast, by Service Type
7.3.5.5.1.1 Spain Managed Security Services Global Cloud Managed Services Market by Application
7.3.5.5.2 Market size and forecast, by Enterprise Size
7.3.5.5.3 Market size and forecast, by Industry Vertical
7.3.5.6 Rest of Europe
7.3.5.6.1 Market size and forecast, by Service Type
7.3.5.6.1.1 Rest of Europe Managed Security Services Global Cloud Managed Services Market by Application
7.3.5.6.2 Market size and forecast, by Enterprise Size
7.3.5.6.3 Market size and forecast, by Industry Vertical
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Service Type
7.4.2.1 Asia-Pacific Managed Security Services Global Cloud Managed Services Market by Application
7.4.3 Asia-Pacific Market size and forecast, by Enterprise Size
7.4.4 Asia-Pacific Market size and forecast, by Industry Vertical
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Service Type
7.4.5.1.1.1 China Managed Security Services Global Cloud Managed Services Market by Application
7.4.5.1.2 Market size and forecast, by Enterprise Size
7.4.5.1.3 Market size and forecast, by Industry Vertical
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Service Type
7.4.5.2.1.1 Japan Managed Security Services Global Cloud Managed Services Market by Application
7.4.5.2.2 Market size and forecast, by Enterprise Size
7.4.5.2.3 Market size and forecast, by Industry Vertical
7.4.5.3 South Korea
7.4.5.3.1 Market size and forecast, by Service Type
7.4.5.3.1.1 South Korea Managed Security Services Global Cloud Managed Services Market by Application
7.4.5.3.2 Market size and forecast, by Enterprise Size
7.4.5.3.3 Market size and forecast, by Industry Vertical
7.4.5.4 India
7.4.5.4.1 Market size and forecast, by Service Type
7.4.5.4.1.1 India Managed Security Services Global Cloud Managed Services Market by Application
7.4.5.4.2 Market size and forecast, by Enterprise Size
7.4.5.4.3 Market size and forecast, by Industry Vertical
7.4.5.5 Australia
7.4.5.5.1 Market size and forecast, by Service Type
7.4.5.5.1.1 Australia Managed Security Services Global Cloud Managed Services Market by Application
7.4.5.5.2 Market size and forecast, by Enterprise Size
7.4.5.5.3 Market size and forecast, by Industry Vertical
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Market size and forecast, by Service Type
7.4.5.6.1.1 Rest of Asia-Pacific Managed Security Services Global Cloud Managed Services Market by Application
7.4.5.6.2 Market size and forecast, by Enterprise Size
7.4.5.6.3 Market size and forecast, by Industry Vertical
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Service Type
7.5.2.1 LAMEA Managed Security Services Global Cloud Managed Services Market by Application
7.5.3 LAMEA Market size and forecast, by Enterprise Size
7.5.4 LAMEA Market size and forecast, by Industry Vertical
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Brazil
7.5.5.1.1 Market size and forecast, by Service Type
7.5.5.1.1.1 Brazil Managed Security Services Global Cloud Managed Services Market by Application
7.5.5.1.2 Market size and forecast, by Enterprise Size
7.5.5.1.3 Market size and forecast, by Industry Vertical
7.5.5.2 Mexico
7.5.5.2.1 Market size and forecast, by Service Type
7.5.5.2.1.1 Mexico Managed Security Services Global Cloud Managed Services Market by Application
7.5.5.2.2 Market size and forecast, by Enterprise Size
7.5.5.2.3 Market size and forecast, by Industry Vertical
7.5.5.3 UAE
7.5.5.3.1 Market size and forecast, by Service Type
7.5.5.3.1.1 UAE Managed Security Services Global Cloud Managed Services Market by Application
7.5.5.3.2 Market size and forecast, by Enterprise Size
7.5.5.3.3 Market size and forecast, by Industry Vertical
7.5.5.4 Saudi Arabia
7.5.5.4.1 Market size and forecast, by Service Type
7.5.5.4.1.1 Saudi Arabia Managed Security Services Global Cloud Managed Services Market by Application
7.5.5.4.2 Market size and forecast, by Enterprise Size
7.5.5.4.3 Market size and forecast, by Industry Vertical
7.5.5.5 South Korea
7.5.5.5.1 Market size and forecast, by Service Type
7.5.5.5.1.1 South Korea Managed Security Services Global Cloud Managed Services Market by Application
7.5.5.5.2 Market size and forecast, by Enterprise Size
7.5.5.5.3 Market size and forecast, by Industry Vertical
7.5.5.6 Rest of LAMEA
7.5.5.6.1 Market size and forecast, by Service Type
7.5.5.6.1.1 Rest of LAMEA Managed Security Services Global Cloud Managed Services Market by Application
7.5.5.6.2 Market size and forecast, by Enterprise Size
7.5.5.6.3 Market size and forecast, by Industry Vertical
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 Accenture plc
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 ALE International, ALE USA Inc.
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Atos SE
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Amazon Web Services, Inc.
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Cisco Systems, Inc.
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Cloudticity
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Datacom Group Ltd
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Telefonaktiebolaget LM Ericsson
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Fujitsu Ltd.
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Hewlett Packard Enterprise Development LP
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
9.11 Huawei Technologies Co., Ltd
9.11.1 Company overview
9.11.2 Company snapshot
9.11.3 Operating business segments
9.11.4 Product portfolio
9.11.5 Business performance
9.11.6 Key strategic moves and developments
9.12 IBM Corporation
9.12.1 Company overview
9.12.2 Company snapshot
9.12.3 Operating business segments
9.12.4 Product portfolio
9.12.5 Business performance
9.12.6 Key strategic moves and developments
9.13 Infosys Limited
9.13.1 Company overview
9.13.2 Company snapshot
9.13.3 Operating business segments
9.13.4 Product portfolio
9.13.5 Business performance
9.13.6 Key strategic moves and developments
9.14 NEC Corporation
9.14.1 Company overview
9.14.2 Company snapshot
9.14.3 Operating business segments
9.14.4 Product portfolio
9.14.5 Business performance
9.14.6 Key strategic moves and developments
9.15 NTT DATA Corporation
9.15.1 Company overview
9.15.2 Company snapshot
9.15.3 Operating business segments
9.15.4 Product portfolio
9.15.5 Business performance
9.15.6 Key strategic moves and developments
9.16 RACKSPACE TECHNOLOGY
9.16.1 Company overview
9.16.2 Company snapshot
9.16.3 Operating business segments
9.16.4 Product portfolio
9.16.5 Business performance
9.16.6 Key strategic moves and developments
9.17 Tata Consultancy Services Limited
9.17.1 Company overview
9.17.2 Company snapshot
9.17.3 Operating business segments
9.17.4 Product portfolio
9.17.5 Business performance
9.17.6 Key strategic moves and developments
9.18 Wipro Limited
9.18.1 Company overview
9.18.2 Company snapshot
9.18.3 Operating business segments
9.18.4 Product portfolio
9.18.5 Business performance
9.18.6 Key strategic moves and developments
List of Tables
Table 333. Vietnam Global Carbon Nano Materi"
List of Figures
Figure 1. Global Cloud Managed Services Market Segmentation
Figure 2. Global Cloud Managed Services Market,2021-2031
Figure 3. Global Cloud Managed Services Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Global Cloud Managed Services Market:Drivers, Restraints and Opportunities
Figure 12. Global Cloud Managed Services Market,By Service Type,2021(%)
Figure 13. Comparative Share Analysis of Managed Business Services Global Cloud Managed Services Market,2021-2031(%)
Figure 14. Comparative Share Analysis of Managed Network Services Global Cloud Managed Services Market,2021-2031(%)
Figure 15. Comparative Share Analysis of Managed Security Services Global Cloud Managed Services Market,2021-2031(%)
Figure 16. Comparative Share Analysis of Managed Infrastructure Services Global Cloud Managed Services Market,2021-2031(%)
Figure 17. Comparative Share Analysis of Managed Mobility Services Global Cloud Managed Services Market,2021-2031(%)
Figure 18. Comparative Share Analysis of Managed Communication and Collaboration Services Global Cloud Managed Services Market,2021-2031(%)
Figure 19. Global Cloud Managed Services Market,By Enterprise Size,2021(%)
Figure 20. Comparative Share Analysis of Large Enterprises Global Cloud Managed Services Market,2021-2031(%)
Figure 21. Comparative Share Analysis of SMEs Global Cloud Managed Services Market,2021-2031(%)
Figure 22. Global Cloud Managed Services Market,By Industry Vertical,2021(%)
Figure 23. Comparative Share Analysis of Bfsi Global Cloud Managed Services Market,2021-2031(%)
Figure 24. Comparative Share Analysis of Healthcare Global Cloud Managed Services Market,2021-2031(%)
Figure 25. Comparative Share Analysis of Manufacturing Global Cloud Managed Services Market,2021-2031(%)
Figure 26. Comparative Share Analysis of Retail Global Cloud Managed Services Market,2021-2031(%)
Figure 27. Comparative Share Analysis of IT and Telecom Global Cloud Managed Services Market,2021-2031(%)
Figure 28. Comparative Share Analysis of Others Global Cloud Managed Services Market,2021-2031(%)
Figure 29. Global Cloud Managed Services Market by Region,2021
Figure 30. U.S. Global Cloud Managed Services Market,2021-2031($Billion)
Figure 31. Canada Global Cloud Managed Services Market,2021-2031($Billion)
Figure 32. Uk Global Cloud Managed Services Market,2021-2031($Billion)
Figure 33. Germany Global Cloud Managed Services Market,2021-2031($Billion)
Figure 34. France Global Cloud Managed Services Market,2021-2031($Billion)
Figure 35. Italy Global Cloud Managed Services Market,2021-2031($Billion)
Figure 36. Spain Global Cloud Managed Services Market,2021-2031($Billion)
Figure 37. Rest of Europe Global Cloud Managed Services Market,2021-2031($Billion)
Figure 38. China Global Cloud Managed Services Market,2021-2031($Billion)
Figure 39. Japan Global Cloud Managed Services Market,2021-2031($Billion)
Figure 40. South Korea Global Cloud Managed Services Market,2021-2031($Billion)
Figure 41. India Global Cloud Managed Services Market,2021-2031($Billion)
Figure 42. Australia Global Cloud Managed Services Market,2021-2031($Billion)
Figure 43. Rest of Asia-Pacific Global Cloud Managed Services Market,2021-2031($Billion)
Figure 44. Brazil Global Cloud Managed Services Market,2021-2031($Billion)
Figure 45. Mexico Global Cloud Managed Services Market,2021-2031($Billion)
Figure 46. Uae Global Cloud Managed Services Market,2021-2031($Billion)
Figure 47. Saudi Arabia Global Cloud Managed Services Market,2021-2031($Billion)
Figure 48. South Korea Global Cloud Managed Services Market,2021-2031($Billion)
Figure 49. Rest of LAMEA Global Cloud Managed Services Market,2021-2031($Billion)
Figure 50. Top Winning Strategies, by Year
Figure 51. Top Winning Strategies, by Development
Figure 52. Top Winning Strategies, by Company
Figure 53. Product Mapping of Top 10 Players
Figure 54. Competitive Dashboard
Figure 55. Competitive Heatmap of Top 10 Key Players
Figure 56. Accenture PLC.: Net Sales ,($Billion)
Figure 57. Ale International, Ale Usa Inc..: Net Sales ,($Billion)
Figure 58. Atos SE.: Net Sales ,($Billion)
Figure 59. Amazon Web Services, Inc..: Net Sales ,($Billion)
Figure 60. Cisco Systems, Inc..: Net Sales ,($Billion)
Figure 61. Cloudticity.: Net Sales ,($Billion)
Figure 62. Datacom Group Ltd.: Net Sales ,($Billion)
Figure 63. Telefonaktiebolaget Lm Ericsson.: Net Sales ,($Billion)
Figure 64. Fujitsu Ltd..: Net Sales ,($Billion)
Figure 65. Hewlett Packard Enterprise Development Lp.: Net Sales ,($Billion)
Figure 66. Huawei Technologies Co. Ltd.: Net Sales ,($Billion)
Figure 67. IBM Corporation.: Net Sales ,($Billion)
Figure 68. Infosys Limited.: Net Sales ,($Billion)
Figure 69. Nec Corporation.: Net Sales ,($Billion)
Figure 70. Ntt Data Corporation.: Net Sales ,($Billion)
Figure 71. Rackspace Technology.: Net Sales ,($Billion)
Figure 72. Tata Consultancy Services Limited.: Net Sales ,($Billion)
Figure 73. Wipro Limited.: Net Sales ,($Billion)

Executive Summary

According to the report, titled, “Global Cloud Managed Services Market," the global cloud managed services market size was valued at $83.26 billion in 2021, and is estimated to reach $319.4 billion by 2031, growing at a CAGR of 14.5% from 2022 to 2031.

Managed cloud services offer partial or complete management and control of a client’s cloud platform, including migration, maintenance, and optimization. An organization may assure the optimal operation of its cloud resources by utilizing the services of a managed cloud service provider. Outsourcing cloud management also helps firms to save expenses on hiring and training new employees. Furthermore, key factors that drive the growth of the cloud managed services market include, Rising rise in demands for cloud applications, which propels are propelling the growth of the global cloud-managed services market. Furthermore, lower costs of cloud services and hyper-scaling capabilities are also expected to aid in the growth of the cloud managed services industry. However, concerns regarding data security and privacy can hamper the market growth. Conversely, the growing demand for cloud and cloud services in SMEs is expected to offer remunerative opportunities for the expansion of the cloud managed services market during the forecast period.

On the basis of industry vertical, the BFSI segment dominated the overall cloud managed services industry market in 2021, and is expected to continue this trend during the forecast period. This is attributed to the demand for cloud services post the outbreak of the COVID-19 pandemic. However, the retail segment is expected to witness the highest growth, owing to the sudden growth of e-commerce and online retail applications post the outbreak of the pandemic, which is expected to fuel the growth of the global cloud managed services market.

Region- wise, the cloud managed services market was dominated by North America in 2021, and is expected to retain its position during the forecast period, owing to its high concentration of cloud solution vendors, which is expected to drive the market for cloud managed services during the forecast period. However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to its growing technological sector., which is expected to fuel the growth of cloud managed services market forecast in the region in the coming few years.

The cloud managed services market witnessed overall positive growth during the period of COVID-19. With the rapid spread of COVID-19, stringent lockdown policies, social distancing measures, and people trapped in their homes, demand for online services skyrocketed as people depended on digital services for their daily needs. From daily groceries to entertainment and communication services were shifted to the cloud during the pandemic. This led many big players to increase their investments in cloud and related services during the period. According to an article published by Forbes magazine, in January 2021, in the aftermath of the COVID-19 crisis, the worldwide global end-user spending on public cloud services grew by over 18.4% to reach $304.9 billion in the year 2021. Such factors drove the global cloud managed services market growth during the period.

Key Findings of the Study

  • By enterprise size, the large enterprise segment accounted for the largest cloud managed services market share in 2021.
  • By region, North America generated highest revenue in 2021.
  • By industry vertical, the BFSI segment generated the highest revenue in 2021.
  • The key players profiled in the cloud managed services market analysis are Accenture, ALE International, ALE USA Inc., Atos SE, Amazon Web Services, Inc, Cisco Systems, Inc., Cloudticity, Datacom Group Ltd, Telefonaktiebolaget LM Ericsson, FUJITSU, Hewlett Packard Enterprise Development LP, Huawei Technologies Co., Ltd, IBM Corporation, Infosys Limited, NEC Corporation, NTT DATA Corporation, RACKSPACE TECHNOLOGY, Tata Consultancy Services Limited, and Wipro. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

Companies Mentioned

  • Accenture plc
  • Ale International, Ale Usa Inc.
  • Atos Se
  • Amazon Web Services, Inc.
  • Cisco Systems, Inc.
  • Cloudticity
  • Datacom Group Ltd
  • Telefonaktiebolaget Lm Ericsson
  • Fujitsu Ltd.
  • Hewlett Packard Enterprise Development Lp
  • Huawei Technologies Co. Ltd
  • Ibm Corporation
  • Infosys Limited
  • Nec Corporation
  • Ntt Data Corporation
  • Rackspace Technology
  • Tata Consultancy Services Limited
  • Wipro Limited

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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