Cloud Managed Services Market Analysis 2017-2027: Key Findings, Regional Analysis, Key Players Profiles and Future Prospects
Cloud
Managed Services Market Scenario:Market
Research Future (MRFR) believes that the global cloud managed services market
2020 has the potential to expand at an approximate rate of 15% over the
forecast period (2017 to 2023).
Rising
emphasis on mobility paired with the increasing need to focus on core business
functions can benefit the cloud managed services market in the years to come.
Moreover, mounting demand for reliability and scalability can further boost the
need for cloud managed services as they help enterprises scale up and down
their operations backed by custom-made offerings to the services.
Enterprises
today are interested in bringing down the IT costs, making cloud managed
services a big hit among them. The cloud services that are offered on the
pay-as-you-go model assist the enterprises in reducing the costs, while
offering flexibility. Several other benefits are offered by Cloud Managed Services Market, including elevated IT
functionality as well as customized IT services.
Rising need
for robust infrastructure will be a major concern for service providers, since
it pushes the need for uninterrupted internet connectivity for services
delivery. Multiple users simultaneously accessing the cloud can lead to network
congestion, hampering the internet speed and resulting in downtime. Therefore,
more and more players are constantly innovating and engaging in research and
development activities to tackle these issues, which can take the market to
greater heights in the near future.
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Top Players:
The top
players in the worldwide market for cloud managed services are Verizon Communications
(U.S.), Fujitsu Ltd.(Japan), NTT DATA Corporation (Japan), Accenture PLC
(Ireland), Ericsson (U.S.), Alcatel-Lucent (Finland), NTT DATA Services (U.S.),
Cisco Systems (U.S.), Huawei Technologies (China), IBM technologies (U.S.), to
mention a few.
Market Segmentation:
The global
market for cloud managed services can be dissected with respect to type,
deployment, organization size, and end-user.
·
The types of cloud managed
services are managed network services, managed security services, managed
infrastructure services, managed mobility services, managed communication
services and managed data center services.
·
The deployment types analyzed
in the report are public cloud as well as private cloud.
·
The sizes of the
organizations that use cloud managed services are small & medium
enterprises along with large enterprises.
·
The end-users highlighted in
the report are energy & utilities, telecommunication and IT, BFSI,
healthcare, government, manufacturing, retail, and others.
Regional Insight:
The cloud
managed services market is spread across the primary regions of Europe,
Asia Pacific (APAC), North America, and the Rest of the World (RoW).
MRFR estimates that the
largest share in the global cloud managed services market belongs to North
America, thanks to the presence of a huge number of technology giants like
Google, IBM, Verizon Communications and Cisco Systems. Initiatives being taken
by the federal government are boosting the adoption rate of cloud managed
services in the region. The region’s robust financial position helps it invest
considerably in advanced solutions as well as technologies, providing the
organizations a competitive edge.
APAC can note the highest
growth rate during the review timeframe, on account of the rising adoption of cloud
based business applications coupled with t surge in the number of cloud service
providers. Massive investments by well-known players like Google and IBM also
foster the market growth. Accelerated sales of smartphones as well as the
penetration of mobile devices have led to the prevalence of the BYOD policy in
the region, driving the vendors in the region to opt for cloud managed
services.
In Europe,
government is collaborating with several organizations to boost t adoption of
cloud managed services. Government initiatives like the G-Cloud framework by UK
government help drive the demand for cloud managed services. With a large
number of end-user industries, like healthcare making use of IoT, the use of
cloud has risen significantly. This helps promote the market growth in the
region.
Table of Content:
1 Executive Summary
2 Scope of The Report
2.1
Market Definition
2.2
Scope of The Study
2.2.1
Research objectives
2.2.2
Assumptions & Limitations
2.3
Markets Structure
3 Market Research Methodology
3.1 Research
Process
3.2
Secondary Research
3.3
Primary Research
3.4
Forecast Model
Continued….
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List of Tables
Table
1 Global Cloud Managed Services Market: By Region, 2017-2023
Table
2 North America Cloud Managed Services Market: By Country, 2017-2023
Table
3 Europe Cloud Managed Services Market: By Country, 2017-2023
Table
4 Asia Pacific Cloud Managed Services Market: By Country, 2017-2023
Table
5 Rest of The World Cloud Managed Services Market: By Country, 2017-2023
Continued…
List of Figures
Figure
1 Global Cloud Managed Services Market Segmentation
Figure
2 Forecast Methodology
Figure
3 Five Forces Analysis of Global Cloud Managed Services Market
Figure
4 Value Chain of Global Cloud Managed Services Market
Figure
5 Share of Global Cloud Managed Services Market In 2017, By Country (In %)
Continued…
About
Market Research Future:
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