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Cloud Professional Services Market to boom at a CAGR of 16.53% throughout the forecast period of 2020 to 2025

02-17-2020 12:25 PM CET | IT, New Media & Software

Press release from: Knowledge Sourcing Intelligence LLP

Cloud Professional Services Market to boom at a CAGR of 16.53%

Knowledge Sourcing Intelligence announces the publication of a new report on "Cloud Professional Services Market- Forecasts from 2020 to 2025" to their offering. The cloud professional services market is growing due to an accelerated demand for these solutions across the numerous industry verticals. The growing focus towards digital transformation is also expected to provide numerous growth opportunities.

This report provides forecast and analysis of the cloud professional services market which is estimated to surge from US$22.487billion in 2019 to US$56.317 billion by 2025. Cloud Professional Services refers to those services taken by different industry players across the industry verticals to enhance their cloud adoption and help the organization move towards digital transformation. The change in the market dynamics the companies are more focused on the adoption of the changing business environment and also find numerous ways to sustain in the innovative hybrid IT business world. The cloud professional services help the organization to accelerate the adoption of cloud automation, reduce the risks and costs, thereby enhances the performance ability of the organization, which is anticipated to augment the demand for these solutions, thereby adding up to the growth of the cloud professional services market.

The cloud bases services market has been segmented on the basis of services, deployment model, organization size, industry vertical, and geography. On the basis of services, the market has been classified into Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), and Infrastructure-as-a-Service (IaaS). By deployment model, the classification has been done on the basis of public cloud, private cloud, and hybrid cloud. On the basis of organization type, the market is segmented into small, medium and large. By industry verticals, the classification of the market is done on the basis of BFSI, telecommunications, healthcare, government, media and entertainment, and manufacturing among others. Geographically, the market is divided into North America, South America, Europe, Middle East and Africa, and Asia Pacific. North America is projected to hold a noteworthy market share due to the early adoption of technology, well-established infrastructure, and a highly advanced IT sector. Some of the major players covered as part of the report Cisco Systems, Inc., Accenture, Amazon Web Services, Inc., and Atos SE among others.

This report segmented the Cloud Professional Services market on the basis following terms:
o By Services
o Software-as-a-Service (SaaS)
o Platform-as-a-Service (PaaS)
o Infrastructure-as-a-Service (IaaS)

o By Deployment Model
o Public Cloud
o Private Cloud
o Hybrid Cloud

o By Organization Size
o Small
o Medium
o Larger

o By Industry Vertical
o BFSI
o Telecommunications
o Healthcare
o Government
o Media and Entertainment
o Manufacturing
o Others

o By Geography
o North America
o United States
o Canada
o Mexico

o South America
o Brazil
o Argentina
o Others

o Europe
o Germany
o France
o UK
o Spain
o Others

o Middle East and Africa
o Israel
o Saudi Arabia
o Others

o Asia Pacific
o China
o Japan
o South Korea
o India
o Others

Purchase complete report or request sample:https://www.knowledge-sourcing.com/report/cloud-professional-services-market

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Knowledge Sourcing Intelligence is a market research and consulting firm based out of India. Driven by industry experts, the company provides syndicated reports, custom research, and consulting services. Our proprietary data analytics model blended with quality primary and secondary research data assists in generating quality reports providing crucial insights to managers and decision-makers. The services offered by us help companies to gain the required competitive edge. Our expertise across 10 industries such as ICT, Chemicals, Semiconductors, Healthcare among others caters to diverse client needs.

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