Press release
Cloud Professional Services - Global Comprehensive Analysis of Industry Dynamics and Market Sales Trends 2024
Leading players of the global Cloud Professional Services market are analyzed taking into account their market share, recent developments, new product launches, partnerships, mergers or acquisitions, and markets served. We also provide an exhaustive analysis of their product portfolios to explore the products and applications they concentrate on when operating in the global Cloud Professional Services market. Furthermore, the report offers two separate market forecasts - one for the production side and another for the consumption side of the global Cloud Professional Services market. It also provides useful recommendations for new as well as established players of the global Cloud Professional Services market.
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Cloud professional services market refers a combination of capabilities including consulting/technical skills and functional knowledge.
An increased number of cloud solutions from various vendors have created a complex cloud environment. Cloud customers are struggling with integrating and managing applications, workloads, cloud stacks, and other facets of the shift to cloud. They are spending heavily on consultants and system integrators to educate, plan, and implement their cloud environments.
The global Cloud Professional Services market size is expected to reach US$ 12650 million by 2029, growing at a CAGR of 19.8% from 2023 to 2029. The market is mainly driven by the significant applications of Cloud Professional Services in various end use industries. The expanding demands from the Banking, Financial Services & Insurance (BFSI), IT and Telecommunications, Healthcare and Media and Entertainment, are propelling Cloud Professional Services market. Cloud Consulting, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Cloud Systems Integration segment is estimated at % CAGR for the next seven-year period.
Global Cloud Professional Services key players include Deloitte, plc, Capgemini S.A., IBM, Cisco Systems, Inc., etc. Global top five manufacturers hold a share about 40%.
North America is the largest market, with a share over 40%, followed by Europe and China, both have a share over 40 percent.
In terms of product, Public Cloud is the largest segment, with a share about 70%. And in terms of application, the largest application is Banking, Financial Services & Insurance (BFSI), followed by IT and Telecommunications.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Cloud Professional Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Cloud Professional Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Cloud Professional Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Cloud Professional Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Cloud Professional Services covered in this report include Deloitte, Wipro Limited, Tech Mahindra Limited, plc, Hewlett Packard Enterprise, Dell Inc. (EMC), KPMG International, Capgemini S.A. and HCL, etc.
The global Cloud Professional Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Deloitte
Wipro Limited
Tech Mahindra Limited
plc
Hewlett Packard Enterprise
Dell Inc. (EMC)
KPMG International
Capgemini S.A.
HCL
IBM
Tata Group
PricewaterhouseCoopers LLP
Cisco Systems, Inc.
Nippon Telegraph and Telephone Corporation
Microsoft Corporation
CGI Group Inc.
Global Cloud Professional Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Cloud Professional Services market, Segment by Type:
Cloud Consulting
Cloud Systems Integration
Cloud ADM (Application Development and Maintenance)
Cloud Managed Services
Global Cloud Professional Services market, by Application
Banking, Financial Services & Insurance (BFSI)
IT and Telecommunications
Healthcare
Media and Entertainment
Government
Education
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Cloud Professional Services companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
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