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Cloud-based Value-added Service Market worth $1,079.11 billion by 2030, growing at a CAGR of 16.10% - Exclusive Report by 360iResearch
Cloud-based Value-added Service Market | 360iResearch
The Global Cloud-based Value-added Service Market to grow from USD 379.39 billion in 2023 to USD 1,079.11 billion by 2030, at a CAGR of 16.10%.
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A cloud-based value-added service (VAS) refers to supplemental services provided over the internet that add value to the primary services available through cloud computing. These services often enhance the basic offerings with additional features or capabilities to improve the user experience, efficiency, and effectiveness of cloud computing services. With digital transformation accelerating, the market for these services is poised for significant growth, driven by the need for scalable, cost-efficient IT infrastructure and the adoption of across-the-board mobile and IoT technologies. Emerging innovations such as AI, blockchain, and edge computing present new avenues for service enhancement, promising more personalized, secure, and efficient solutions. However, data security, regulatory compliance, and the demands of technological investment pose hurdles to growth. Nevertheless, future research and innovation efforts focus on developing robust cybersecurity measures, leveraging AI for customization, improving service integration, and pursuing eco-friendly computing practices to address market needs and environmental concerns.
In the Americas, cloud-based solutions have a high adoption rate due to the pervasive presence of technology in everyday life and strong corporate sectors actively seeking efficiency improvements and cost reductions. The United States is at the forefront of innovation, with numerous patents filed annually across cloud computing technologies and services. Businesses focus on delivering personalized, scalable solutions to cater to a broad customer base, ranging from small enterprises to global corporations. The EU countries exhibit strong growth in cloud services, driven by data protection laws such as GDPR, which has encouraged secure and compliant cloud solutions. Investment in cloud infrastructure is robust, supported by private and governmental initiatives, particularly in economies such as Germany, France, and the UK. In contrast, the Middle East and Africa are experiencing rapid digital transformation, with cloud services being a key growth area. Efforts to enhance digital infrastructure and promote smart cities are underway, offering significant opportunities for cloud service providers. The Asia-Pacific region represents a dynamic and fast-growing market for cloud-based value-added services due to substantial investments in local cloud service platforms and a strong focus on technological innovation. Initiatives to improve internet accessibility and digital literacy are contributing to the cloud market expansion in this region.
Market Segmentation & Coverage:
This research report categorizes the Cloud-based Value-added Service Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Advanced IPS Services, Basic Value-Added Services, Hybrid Cloud VPN Integration Service, and Internet Traffic Monitoring and Management Services. The Internet Traffic Monitoring and Management Services is projected to witness significant market share during forecast period.
Based on Function, market is studied across Data Isolation & Immutability, Data Portability & Disaster Recovery, and Optimal Storage Utilization. The Data Portability & Disaster Recovery is projected to witness significant market share during forecast period.
Based on Application, market is studied across BFSI, Healthcare, ICT, and Manufacturing. The Manufacturing is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 40.22% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Cloud-based Value-added Service Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Cloud-based Value-added Service Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Cloud-based Value-added Service Market, highlighting leading vendors and their innovative profiles. These include Adobe Inc., Alibaba Group, ALSO Holding AG, Amazon Web Services, Inc., Asana, Inc., Atlassian Pty. Ltd., Chief Telecom Inc., Cisco Systems, Inc., Dropbox, Inc., Ericsson Group, Freshworks Inc., Gintel AS, Huawei Cloud Computing Technologies Co., Ltd., HubSpot, Inc., Infosys Limited, International Business Machines Corporation, Intuit Inc., Microsoft Corporation, Okta, Inc., Oracle Corporation, Rackspace Technology Global, Inc., RingCentral, Inc., Salesforce, Inc., SAP SE, and Zoho Corporation.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Cloud-based Value-added Service Market, by Type
7. Cloud-based Value-added Service Market, by Function
8. Cloud-based Value-added Service Market, by Application
9. Americas Cloud-based Value-added Service Market
10. Asia-Pacific Cloud-based Value-added Service Market
11. Europe, Middle East & Africa Cloud-based Value-added Service Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Cloud-based Value-added Service Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Cloud-based Value-added Service Market?
3. What is the competitive strategic window for opportunities in the Cloud-based Value-added Service Market?
4. What are the technology trends and regulatory frameworks in the Cloud-based Value-added Service Market?
5. What is the market share of the leading vendors in the Cloud-based Value-added Service Market?
6. What modes and strategic moves are considered suitable for entering the Cloud-based Value-added Service Market?
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sales@360iresearch.com
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
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