Cloud Managed Services Market 2020-2025: Cisco Systems Inc, Ericsson,IBM, Amazon, NTT DATA Corporation, Fujitsu Limited, Infosys Limited, Hewlett Packard Enterprise Company and Others.

According to Market Study Report, Cloud Managed Services Market provides a comprehensive analysis of the Cloud Managed Services Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry.

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The Global Cloud Managed Services Market size is projected to grow from USD 62.4 Billion in 2020 to USD 116.2 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 13.3% during the forecast period. This report spread across 164 pages, profiling 22 companies and supported with 97 tables and 44 figures are now available in this research.

Top Companies Profiled in the Cloud Managed Services Market:
• Cisco Systems Inc (US)
• Ericsson (Sweden)
• International Business Machines Corporation (US)
• Amazon Web Services (US)
• NTT DATA Corporation (Japan)
• Fujitsu Limited (Japan)
• Infosys Limited (India)
• Accenture PLC (Ireland)
• Hewlett Packard Enterprise Company (US)
• NEC Corporation (Japan)
• Alcatel Lucent (Finland)
• Rackspace (US)
• TCS (India)
• Wipro (India)
• Datacom (New Zealand). Huawei (China)
• Cloudticity (US)
• Connectria (US)
• DLT Solutions (US)
• Sirus Computer Solutions (US)
• Softchoice Corporation (Canada)
• Cloudnexa (US)

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“Small and medium-sized enterprises segment to grow at a higher growth rate during the forecast period”
The Small and Medium-sized Enterprises (SMEs) segment is expected to grow at a higher CAGR in the CMS market during the forecast period. Small enterprises face greater resource crunch than large enterprises and require better methods to solve the complexities for better cost optimization on their business processes.

“Managed communication and collaboration services to grow at the highest CAGR during the forecast period”
Most of the organizations want to improve their employee productivity and enhance outputs. Managed communication and collaboration services help organizations overcome this challenge with ease. They provide a centralized system for data transfer across mediums, such as mobile devices and personal computers.

“Retail and consumer goods industry vertical to grow at the highest CAGR during the forecast period”
The retail and consumer goods industry vertical is one of the fastest-growing industry verticals.Due to the rising consumer purchasing power, the industry vertical is attracting major companies around the world.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1 – 27%, Tier 2 – 50%, and Tier 3 – 23%
• By Designation: C-level – 43%, Directors – 27%,and Others – 30%
• By Region: North America – 46%,Europe– 26%, APAC– 16%,MEA – 7%, and Latin America– 5%.

Competitive Landscape of Cloud Managed Services Market:
1 Competitive Leader Mapping
1.1 Visionary Leaders
1.2 Innovators
1.3 Dynamic Differentiators
1.4 Emerging Companies

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Reason to access this report:
The report would help the leaders/new entrants in this market by providing them information on the closest approximations of the revenue numbers for the overall CMS market and its segments. It would help stakeholders understand the competitive landscape, and gain insights to improve the position of their business and plan suitable go-to-market strategies.

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