Cloud Managed Services Market 2020 COVID-19 Impact and Global Analysis to 2027 - Technology Forecasts by NTT DATA, Inc, Tata Consultancy Services, Telefonaktiebolaget LM Ericsson, Wipro Limited

Growing emphasis on mobility fixed with the demand to focus on core business functions is one of the major factors driving the cloud managed services market growth. Moreover, rising demand for scalability and reliability will additionally uplift the demand for the cloud managed services as it will allow enterprises in scaling-up and down their operations by providing custom-made offerings to the available services.

Cloud Managed Services Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Service Type (Managed Business Services, Managed Network Services, Managed Security Services, Managed Infrastructure Services, Managed Mobility Services, Managed Communication and Collaboration Services); Deployment (Public Cloud, Private Cloud); Organization Size (Small and Medium-Sized Enterprises (SMEs), Large Enterprises); Verticals (Telecom and ITES, Government and Education, BFSI, Retail and Consumer, Healthcare, Manufacturing and Automotive, Others) and Geography

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Cloud managed services are in demand significantly owing to an increase in usage of cloud-based applications among businesses for storing their data over the cloud. The cloud managed services are increasingly adopted due to its economical manner for storing data and cost-efficiency. The increasing usage of cloud-based applications has stimulated businesses to take help from managed service providers to manage their cloud-based applications. This cloud-managed service enables users to configure application service at any stage and any level of the cloud.

The "Global Cloud Managed Services Market Analysis to 2027" is a specialized and in-depth study of the cloud managed services market with a special focus on the global market trend analysis. The report aims to provide an overview of cloud managed services market with detailed market segmentation by service type, deployment, organization size, verticals. The global cloud managed services market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cloud managed services market players and offers key trends and opportunities in the cloud managed services market.

The reports cover key developments in the cloud managed services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from cloud managed services market are anticipated to lucrative growth opportunities in the future with the rising demand for cloud managed services market. Below mentioned is the list of few companies engaged in the cloud managed services market.

Top Listed Players in Cloud Managed Services Market are-
Amazon Web Services, Inc.
Cisco Systems Inc
Fujitsu Limited
Huawei Technologies Co., Ltd
IBM Corporation
Infosys Limited
NTT DATA, Inc
Tata Consultancy Services
Telefonaktiebolaget LM Ericsson
Wipro Limited

The global cloud managed services market is segmented on the basis of service type, deployment, organization size, verticals. On the basis of service type, the market is segmented as managed business services, managed network services, managed security services, managed infrastructure services, managed mobility services, managed communication and collaboration services. On the basis of deployment, the market is segmented as public cloud, private cloud. On the basis of organization size, the market is segmented as small and medium-sized enterprises (SMEs), large enterprises. On the basis of vertical, the market is segmented as telecom & ITES, government & education, BFSI, retail & consumer, healthcare, manufacturing & automotive, others

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