openPR Logo
Press release

Cloud Managed Services Market to Grow Significantly Due to Rising Adoption of Private Cloud Deployments Globally

03-23-2023 12:50 PM CET | IT, New Media & Software

Press release from: Extrapolate

Cloud Managed Services Market to Grow Significantly Due

An application, service, or ecosystem in the cloud that is managed by a third-party organization is referred to as a cloud managed service.

The Global Cloud Managed Services Market was valued at USD 47.24 billion in 2021 and is estimated to reach USD 131.45 billion by 2030, recording a CAGR of 13.2% during the projection period. The market growth is likely to be driven by the increasing importance placed on mobility as well as the need to concentrate on core business operations. The demand for services will also surge as scalability and reliability become more in demand as they allow businesses to scale up and down their operations by providing personalized offerings to the available services.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@ https://www.extrapolate.com/sample/Information-Technology-Communication-IoT/cloud-managed-services-market/26001

Services that offer specialized services and expand internal IT infrastructure and functions to be managed in collaboration with outside-managed providers using cloud platforms are referred to as cloud-managed services. These services offer mobility, managed apps, managed networks, and managed security operations.

๐‹๐ž๐š๐๐ข๐ง๐  ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐ญ๐จ ๐„๐ง๐ ๐š๐ ๐ž ๐ข๐ง ๐’๐ž๐ฏ๐ž๐ซ๐š๐ฅ ๐€๐œ๐ญ๐ข๐ฏ๐ข๐ญ๐ข๐ž๐ฌ ๐ญ๐จ ๐†๐š๐ข๐ง ๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐„๐๐ ๐ž

Major businesses in the cloud managed services industry are concentrating on developing cloud managed services. In order to achieve that, they put in a lot of effort and employ numerous tactics to boost market expansion. They engage in a variety of activities, such as product launches, joint ventures, collaborations, and acquisitions.

>Amazon Web Services, Inc.
>Cisco Systems, Inc.
>CSS Corp
>Amazon Web Services, Inc.
>HCL Technologies Limited
>Hewlett Packard Enterprise Development LP
>Infosys Limited
>Microsoft
>NTT Limited
>Open Text Corporation
>Oracle
>Orange Business Services

๐๐ซ๐ข๐ฏ๐š๐ญ๐ž ๐‚๐ฅ๐จ๐ฎ๐ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐ญ๐จ ๐ƒ๐จ๐ฆ๐ข๐ง๐š๐ญ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฐ๐ข๐ง๐  ๐ญ๐จ ๐’๐ž๐ฏ๐ž๐ซ๐š๐ฅ ๐๐ž๐ง๐ž๐Ÿ๐ข๐ญ๐ฌ ๐ข๐ญ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ฌ

On the basis of deployment, the global cloud managed services market is segmented into public cloud & private cloud. The private cloud segment is projected to dominate the market share due to numerous benefits from the private cloud in a number of ways, including enhanced control and data protection.

In addition to this, organizations can benefit from the stability and financial savings provided by this strategy. With the use of a private cloud, the company is able to customize its resources to meet its IT needs. These systems are mostly used by governments, banks, and other large, mission-critical businesses to improve operational protection.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Œ๐จ๐ซ๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐–๐ข๐ญ๐ก ๐“๐Ž๐‚@ https://www.extrapolate.com/Information-Technology-Communication-IoT/cloud-managed-services-market/26001

๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ข๐ง๐  ๐๐ž๐ž๐ ๐Ÿ๐จ๐ซ ๐‚๐ซ๐ข๐ญ๐ข๐œ๐š๐ฅ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ & ๐ˆ๐“ ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ ๐Œ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ ๐ญ๐จ ๐๐จ๐จ๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก

The use of managed services by businesses is rising as they try to improve their organizational, operational, and security capabilities. Cloud managed services are beneficial for businesses as they can eliminate complex system integration services and assist in the construction of a well-developed solution to ensure cloud scalability and economics.

Most small- and medium-sized businesses cannot afford to hire full-time IT staff to manage cloud services due to the high cost. In light of this, businesses may control and reduce network maintenance costs by outsourcing these services without compromising productivity or security.

๐“๐ก๐ž ๐‚๐ฅ๐จ๐ฎ๐ ๐Œ๐š๐ง๐š๐ ๐ž๐ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐œ๐š๐ง ๐›๐ž ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ž๐ ๐ข๐ง๐ญ๐จ ๐ฌ๐ž๐ฏ๐ž๐ซ๐š๐ฅ ๐œ๐š๐ญ๐ž๐ ๐จ๐ซ๐ข๐ž๐ฌ, ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ข๐ง๐ :

๐๐ฒ ๐“๐ฒ๐ฉ๐ž
>Managed Security
>Managed Business Services
>Managed Network
>Managed Mobility
>Managed Infrastructure
>Managed Communication
>Managed Information
>Others

๐๐ฒ ๐ƒ๐ž๐ฉ๐ฅ๐จ๐ฒ๐ฆ๐ž๐ง๐ญ
>Public Cloud
>Private Cloud

๐๐ฒ ๐•๐ž๐ซ๐ญ๐ข๐œ๐š๐ฅ
>BFSI
>IT & Telecommunication
>Healthcare
>Retail
>Manufacturing
>Government

๐„๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@ https://www.extrapolate.com/enquire/Information-Technology-Communication-IoT/cloud-managed-services-market/26001

๐Š๐ž๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ -

โ— October 2021- IBM and Palo Alto Networks worked together on 5G security. The attack surface of telecom carriers and their clients may grow as a result of 5G. The 5G development is intended to bring faster data rates, reduced latency, and a functional redesign of mobile networks to support better efficiency and agility.

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐ญ๐จ ๐‡๐จ๐ฅ๐ ๐‹๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ก๐š๐ซ๐ž ๐Ž๐ฐ๐ข๐ง๐  ๐ญ๐จ ๐†๐ซ๐จ๐ฐ๐ข๐ง๐  ๐€๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐“๐ก๐ž๐ฌ๐ž ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐›๐ฒ ๐Ž๐ซ๐ ๐š๐ง๐ข๐ณ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐‘๐ž๐ ๐ข๐จ๐ง

North America is the largest market for cloud managed services owing to the growth and profitability offered by these services, which are being adopted across the region as a result of rising customer demand. The end-user industries in the region are embracing cloud services as a method of delivering IT in order to reduce costs and alleviate the shortage of competent IT personnel required to manage business operations.

However, the cloud managed services market in the Asia Pacific is anticipated to experience the highest growth rate throughout the projection period as numerous enterprises in the region are estimated to considerably contribute to the market's growth over the course of the projected period due to increased deployment of private cloud solutions and increasing data security investments.

๐“๐€๐๐‹๐„ ๐Ž๐… ๐‚๐Ž๐๐“๐„๐๐“

Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On Cloud Managed Services Market
Chapter 5. Global Cloud Managed Services Market Overview, By Type, 2017 - 2030 (USD Million)
Chapter 6. Global Cloud Managed Services Market Overview, By Deployment, 2017 - 2030 (USD Million)
Chapter 7. Global Cloud Managed Services Market Overview, By Organization Size, 2017 - 2030 (USD Million)
Chapter 8. Global Cloud Managed Services Market Overview, By Vertical, 2017 - 2030 (USD Million)
Chapter 9. Global Cloud Managed Services Market Overview, By Geography, 2017 - 2030 (USD Million)
Chapter 10. North America Cloud Managed Services Market Overview, By Countries, 2017 - 2030 (USD Million)
....Continued

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:
Extrapolate
Phone: (+1) 888 328 2189
E-mail: talk@extrapolate.com
Website: https://www.extrapolate.com
Blog: https://www.extrapolate.com/blog

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

Extrapolate bridges the gaps in information with the latest reports published across industries and geographies, covering minute details to put the power of decision-making in your hands. Our focus is to help our partners grow with the power of Insight.

In a connected world, merely being informed is not enough, the speed of information dissemination is a crucial determinant of success. Our team of dedicated subject matter experts and research specialists deep dive into the most complex markets and produce insights that will help shape the way your business moves forward. Our research process harnesses the latest in technology and the best SMEs to build relevant reports that can future-proof your business.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cloud Managed Services Market to Grow Significantly Due to Rising Adoption of Private Cloud Deployments Globally here

News-ID: 2986794 • Views: โ€ฆ

More Releases from Extrapolate

ChatGPT: Your Secret Weapon for Dominating Search Rankings through AI-powered Content Optimization
ChatGPT: Your Secret Weapon for Dominating Search Rankings through AI-powered Co โ€ฆ
The ability to do efficient keyword research and content optimization is now essential for anyone looking to succeed online in the information-driven digital age. But fear not; ChatGPT is a formidable friend at our disposal. The way we approach keyword research and content creation is about to change due to this amazing language model that OpenAI created. Let's look into how to use ChatGPT to improve content optimization tactics, andโ€ฆ
Lead Acid Battery Market Size is Set to Fly High Growth in Years to Come | Leoch International Technology, CSB Battery, Chloride Batteries, Nipress, and Others
Lead Acid Battery Market Size is Set to Fly High Growth in Years to Come | Leoch โ€ฆ
Market Overview Lead-acid batteries are the oldest type of rechargeable battery and are commonly used in a variety of applications, including automobiles, boats, uninterruptible power supplies (UPS), and backup power for telecommunications and computer systems. These batteries consist of lead plates submerged in an electrolyte solution of sulfuric acid and water. During charging, electrical energy is converted into chemical energy, which is stored in the battery as lead sulfate. When the batteryโ€ฆ
Onshore Wind Energy Market Size Focus on Emerging Technologies, Top Countries Data Analyses, Growth Estimate, Business Development and Forecast Till 2028
Onshore Wind Energy Market Size Focus on Emerging Technologies, Top Countries Da โ€ฆ
Market Overview The Global Onshore Wind Energy Market Size was estimated at USD 554909.73 million in 2021 and is projected to reach USD 2356796.43 million by 2028, exhibiting a CAGR of 22.95% during the forecast period. Onshore wind energy is a form of renewable energy that involves generating electricity by harnessing the power of wind on land. This is typically done using wind turbines, which convert the kinetic energy of the windโ€ฆ
Vegetable Seeds Market is expected to witness a substantial growth of around USD 16.38 billion by 2032
Vegetable Seeds Market is expected to witness a substantial growth of around USD โ€ฆ
The global Vegetable seeds market size was valued at approximately USD 8.72 billion in 2022 and is expected to witness a substantial growth of around USD 16.38 billion by 2032 at a CAGR of approximately 6.51% during the period from 2023 to 2032.The vegetable seeds market refers to the global trade of seeds used for growing different types of vegetables, including but not limited to tomatoes, onions, cucumbers, carrots, andโ€ฆ

All 5 Releases


More Releases for Managed

Managed IT Infrastructure Services Market by Solution (Managed Data Center, Mana โ€ฆ
Managed IT infrastructure services is an approach that combines together knowledge, procedures, and technology, which finally power the services that support business processes. Managed IT infrastructure services offer a sound business understanding to deploy or replace existing IT infrastructure. Without clearly defining business goals and process functionalities, selecting the right systems, applications, and technologies that meet business requirement, managed IT infrastructure services drives most of the critical tasks and therebyโ€ฆ
Managed Security Services Market Outlook to 2025 โ€“ Managed Firewall, Managed I โ€ฆ
Managed Security Services Market is expected to grow from US$ US$ 17716.7 Million in 2017 to US$ 61855.5 Million by 2025 at a CAGR of 16.9% between 2017 and 2025. Worldwide Managed Security Services Market Analysis to 2025 is a specialized and in-depth study of the Managed Security Services Market with a focus on the global market trend. The report aims to provide an overview of global Managed Security Services Marketโ€ฆ
IOT Managed Services Market By Type (Managed Security Services, Managed Device S โ€ฆ
IoT Managed Services Market is expected to grow at a CAGR of 23% during the forecast period 2017โ€“2023. The market is growing due to the expansion of IoT throughout worldwide. IoT Managed Services Market is segmented by: managed Service Types, Verticals, and Regions. The major players included in this report such as Google, Apple, IBM, AT&T, Intel, Microsoft, Accenture, and many more. IoT (Internet of Things) provides immense growth opportunity forโ€ฆ
IOT Managed Services Market By Type (Managed Security Services, Managed Device S โ€ฆ
IoT Managed Services Market is expected to grow at a CAGR of 23% during the forecast period 2017โ€“2023. The market is growing due to the expansion of IoT throughout worldwide. IoT Managed Services Market is segmented by: managed Service Types, Verticals, and Regions. The major players included in this report such as Google, Apple, IBM, AT&T, Intel, Microsoft, Accenture, and many more. IoT (Internet of Things) provides immense growth opportunity forโ€ฆ
Managed Network Services Market will reach nearly US$ 120 Bn in revenues by 2028 โ€ฆ
Increasing need for significant operational cost reductions, growing adoption of business analytics and cloud coupled with rising complexities in operations across several end use industries continue to influence demand for managed network services. The adoption of managed network services is also being influenced with a number of industry-specific factors including but not limited to growing need for high efficiency in business processes and customer satisfaction.ย Fact.MR envisages that the demand forโ€ฆ
Global IOT Managed Services Market By Type (Managed Security Services, Managed D โ€ฆ
IoT (Internet of Things) provides immense growth opportunity for managed service providers. Rising digital technology in the connected world will involve nearly 33 billion by 2023 and in this connected world managed services would be a critical component. Rising adoption of smart technologies in various verticals has generated IoT technologies. Moreover, growing number of connected devices will generate high demand for managed services. The IoT ecosystem includes devices, security, applications,โ€ฆ