AWS Managed Services Market Growth Opportunities and Future Scope, 2022-2029

Allied Market Research published a new report, titled, "AWS Managed Services Market Growth Opportunities and Future Scope, 2022-2029." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

Increase in importance of AWS Managed Service Provider (MSP) status and increasing the number of AWS customers are primary growth factors that are expected to boost the market during the forecast period. However, low adoption of technology is hampering the adoption rate of this market. Contrarily, high demand of adoption of AWS cloud and rise in businesses digitization are the opportunistic factors of the global AWS market.

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AWS is categorized into three main products: Amazon's virtual machine service, EC2, Glacier, a low-cost cloud storage service, and S3, Amazon's storage system. AWS popularity and adoption is so large in the computing world that it's far overtaken by its competitors. AWS possesses 76 availability zones in which its servers are located. These serviced regions are divided so as to enable users to set geographical limits on their services, but also to provide security by expanding the physical locations in which data is held. Overall, AWS covers 245 countries and territories.

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By using AWS, customers can utilize IT in new ways-not just by using smart IT to save costs, but to provide new services, improve understanding of their customers, increase productivity, and makes go to market products faster. In other words, AWS help companies build solutions that have a direct impact on their revenue and customer base. AWS enables customers to access data, release mobility, and maintain their data secure and accessible around the world. By applying AWS, customers can gain free valuable resources that are used to manage sophisticated and expensive data centers and reusing them to focus on other highly strategic areas of the business.

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COVID-19 Scenario Analysis:

• Amazon Web Services (AWS) has announced that it is making available a data lake for COVID-19 analysis. The data lake includes metrics like case tracking data from Johns Hopkins and the New York Times, hospital bed availability from Definitive Healthcare and over 45,000 COVID-19 research articles. Researchers can also conduct analyses of the data in the cloud, saving the time that would be spent downloading the data.

• AWS has also connected Amazon Athena for queries and Amazon Quick Sight for visualization.

• Virtual private networks (VPN) and remote desktop solutions, which extend the functionality and security of in-office network and software resources to at-home users, are helping organizations stay productive while offices remain closed.

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