Press release
Cloud Managed Services Market 2024 - Global Business Growth, Competition Landscape, Size, Industry Drivers, Opportunities And Outlook By 2033
Cloud Managed Services Market
Cloud Managed Services Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $154.56 billion In 2028 At A CAGR Of 12.0%.
The cloud managed services market size has grown rapidly in recent years. It will grow from $88.86 billion in 2023 to $98.31 billion in 2024 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to rise of cloud computing, business cost reduction initiatives, security concerns and compliance needs, industry-specific requirements, complexity of it operations..
The cloud managed services market size is expected to see rapid growth in the next few years. It will grow to $154.56 billion in 2028 at a compound annual growth rate (CAGR) of 12.0%. The growth in the forecast period can be attributed to customer experience and support, digital transformation initiatives, service provider competition, security and compliance requirements, hybrid and multi-cloud adoption.. Major trends in the forecast period include specialized industry solutions, iot infrastructure support, scalability and flexibility demands, security and compliance focus, hybrid and multi-cloud adoption..
Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=9324&type=smp
Cloud Managed Services Market Major Segments
The cloud managed services market covered in this report is segmented -
1) By Service Type: Managed Business Services, Managed Network Services, Managed Security Services, Managed Infrastructure Services, Managed Mobility Services, Managed Communication and Collaboration Services
2) By Deployment: Public cloud, Private cloud
3) By Organization Size: Large Enterprises, Small and Medium-Sized Enterprises (SMEs)
4) By End-User: Government, Retail, IT and Telecommunication, Manufacturing, BFSI, Healthcare, Energy and Utilities
Key Driver - Surging Growth In The Cloud-Managed Services Market Fueled By Widespread Adoption Of Cloud Technology Across Enterprises
Increasing cloud technology adoption across enterprises is expected to propel the growth of the cloud-managed services market going forward. Cloud technology provides individuals or businesses the ability to store and process data over the internet, that is at a location that's separate from its end use, thereby eliminating the need for physical infrastructure. Cloud technology through managed services reduce spending towards establishing and maintaining physical infrastructure for storing data and allows easy access to data. For instance, according to Eurostat, a Luxembourg-based statistical body of the European Commission, 41% of the European Union's enterprises used cloud computing in 2021. Further 73% of those enterprises, used sophisticated cloud services relating to security software applications, hosting enterprise databases, and other enterprise requirements. Therefore, increasing cloud technology adoption across enterprises is driving the growth of the cloud-managed services market.
Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=9324&type=smp
Prominent Trend - Innovative Technological Advancements Drive Momentum In The Cloud-Managed Services Market
Technological advancements are the key trend gaining popularity in the cloud-managed services market. Major companies operating in the cloud-managed services market are developing innovative technological solutions to strengthen their market position. For instance, in April 2021, Red Hat Software, a US-based software company launched three new cloud services called Red Hat OpenShift API Management, Red Hat OpenShift Streams for Apache Kafka, and Red Hat OpenShift Data Science. The unique offerings of this service to organizations include delivering a fully-managed and streamlined user experience as organizations build, deploy, manage and scale cloud-native applications across hybrid environments.
Cloud Managed Services Market Players
Major companies operating in the cloud managed services market report are International Business Machines Corporation, Ericsson Telecom AB, Amazon Web Services Inc., Cisco Systems Inc., Infosys Limited, NTT DATA Corporation, Fujitsu Limited, Acce*nture Plc., NEC Corporation, Wipro Limited, Atos SE, Huawei Technologies Co. Ltd., The Hewlett Packard Enterprise Company, Rackspace Technology Inc., Cloudticity LLC, Datacom Group Limited, Connectria LLC, Microsoft Corporation, Google LLC, DigitalOcean Inc., Oracle Corporation, SAP SE, Salesforce.com inc., VMware Inc., Deloitte Touche Tohmatsu Limited, Cognizant Technology Solutions Corporation, CDW Corporation, Capgemini SE, Cloudnexa Inc., Hewlett Packard Enterprise Company, Dimension Data Holdings Plc .
View The Full Report Here - https://www.thebusinessresearchcompany.com/report/cloud-managed-services-global-market-report
Largest And Fastest Growing Region In The Market
North America was the largest region in the cloud managed services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the cloud managed services market report during the forecast period. The regions covered in the cloud managed services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Cloud Managed Services Market Report Structure
3. Cloud Managed Services Market Trends And Strategies
4. Cloud Managed Services Market - Macro Economic Scenario
5. Cloud Managed Services Market Size And Growth
…..
27. Cloud Managed Services Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 2024 - Global Business Growth, Competition Landscape, Size, Industry Drivers, Opportunities And Outlook By 2033 here
News-ID: 3533386 • Views: …
More Releases from The Business research company
Emerging Sub-Segments Transforming the Fragrance Diffuser Market Landscape
The fragrance diffuser market is poised for significant growth over the coming years, driven by evolving consumer preferences and technological innovations. This sector is rapidly adapting to new trends such as smart home integration and sustainability, making it an exciting area to watch. Below, we delve into the market's expected size, leading players, emerging trends, and detailed segment analysis.
Projected Market Size and Growth Trajectory of the Fragrance Diffuser Market …
Emerging Growth Patterns Driving the Expansion of the Fifth Generation (5G) Netw …
The fifth generation (5G) network slicing market is on the brink of remarkable expansion as it plays a crucial role in revolutionizing modern communication networks. With the growing need for tailored and efficient network solutions across diverse industries, this market is set to experience substantial growth and innovation through 2030. Let's dive into the current market trajectory, key players, emerging trends, and segment details shaping the future of 5G network…
In-Depth Examination of Segments, Industry Trends, and Key Competitors in the Et …
The ethical artificial intelligence (AI) frameworks for transportation sector is on track for remarkable expansion as AI adoption surges in mobility solutions. With rising concerns around accountability and transparency, the market is rapidly evolving to incorporate robust ethical standards designed to govern AI use across various transportation modes. This overview explores market size projections, key players, notable trends, and segmentation insights that define the landscape through 2030.
Projected Market Expansion for…
Key Players and Competitive Dynamics in the Embedded Device Management Market
The embedded device management sector is on the cusp of significant expansion, driven by advancements in technology and increasing demand across various industries. As connected devices become more integral to operations worldwide, the market is set to experience rapid developments that will shape how embedded systems are managed and optimized.
Forecasted Expansion of the Embedded Device Management Market
The embedded device management market is projected to grow substantially, reaching a…
More Releases for Services
Managed Services by Ensure Services
Ensure Services is a leading managed services provider offering comprehensive IT support and solutions designed to streamline operations, improve efficiency, and reduce operational costs for businesses of all sizes. Our managed services are tailored to meet the unique needs of your organization, ensuring you can focus on your core business while we handle your IT infrastructure.
With years of experience and a team of certified professionals, we deliver proactive monitoring, ongoing…
Electrical Services Market Next Big Thing | Major Giants SSI Electrical Services …
A new business intelligence report released by AMA with title "Electrical Services Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Electrical Services Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and…
North & South America Commercial Services Market 2022 (Employment Services, Offi …
The Business Research Company’s Commercial Services Global Market Report 2019 covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. Ratios of market size and growth to related markets, GDP proportions, and expenditure per capita for the market is detailed in the report. Data and analysis throughout the…
AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & …
Kunal Repair & Services is growing on-demand home services platform in India and we are currently operating in Gurgaon. We offer an array of services which include AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & Repair, R.O Services & Repair, Microwave Services & Repair, Geyser Services & Repair. Our operating philosophy for solving this massive problem is - Right price.
To know why we do what we…
Electrical Services Market Technology and Outlook 2023 Top Companies are Allianc …
A report added to the rich database of Qurate Business Intelligence, titled “Global Electrical Services Market Size, Status and Forecast 2023”, provides a 360-degree overview of the worldwide market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the data reliable in context…
Electrical Services Market Size 2018: Alliance Electrical Services, Housejoy, Te …
In 2017, the global Electrical Services market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.
This report focuses on the global Electrical Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Electrical Services development in United States, Europe and China.
Get Sample Copy of this report @ http://www.orbisresearch.com/contacts/request-sample/2311492…
