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What Is Driving Global Cloud Professional Services Market Growth in 2025: The Role of Digitalization Drives Cloud Professional Services Market Growth
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Cloud Professional Services Market Size Growth Forecast: What to Expect by 2025?
In the past few years, the market size of cloud professional services has seen swift expansion. The market is set to inflate from a value of $33.72 billion in 2024 to a higher value of $38.79 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 15.0%. The growth observed during the historic period is due to the need for cost efficiency, security measures, scalability needs, regulation compliance, data management problems, and business continuity schemes.
How Will the Cloud Professional Services Market Size Evolve and Grow by 2029?
The market size for cloud professional services is anticipated to experience a swift expansion in the upcoming years, reaching $79.99 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 19.8%. This predicted growth in the specified forecast period can be attributed to factors such as adoption of multi-cloud strategies, the use of containerization and microservices, the shift towards serverless computing, emphasis on development native to the cloud, rigorous data governance and focus on enhancing the customer experience. The period of forecast is also expected to see certain trends like an upsurge in cloud adoption, heightened attention to cloud security and compliance, services aiding application modernization and migration, a concentration on data management and analytics facilitated through cloud, increased adoption of containerization and kubernetes, and experimentation with quantum computing.
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What Drivers Are Propelling the Growth of Cloud Professional Services Market Forward?
The emphasis on transforming business procedures through digitization is anticipated to significantly contribute to the expansion of the cloud professional services market. Digitizing business procedures means employing digital techniques to manage data and other information digitally, making production and other business operations more productive, efficient, and profitable. These procedures incorporate the utilization of cloud professional services. This contributes to escalated spending on digitalization, collection, and preservation of data and classified information in a cloud setup, which diminishes risk and enhances business results, and also ensures streamlined operation of work from home systems. In October 2023, Whatfix, an Indian SaaS-based digital adoption platform, projected that the global IT expenditure is likely to touch $5 trillion by 2024, indicating a rise of 8.6% from 2023. This escalation underscores the rising attention businesses are giving to digital technologies to refine operations and adjust to shifting market requirements. As a result, digitalization is fuelling the growth of the cloud professional services market.
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Which Emerging Trends Are Transforming the Cloud Professional Services Market in 2025?
Technological advancements are the key emerging trend in the cloud professional services industry. To maintain their market dominance, prominent companies in this sector are embracing innovative technologies. For example, in July 2022, Sygitech Cloud Solutions, an IT services firm based in India, unveiled two new technology platforms: SygiOps and SygiCloudSync. These platforms are designed to minimize human involvement and error in various tasks. The aim of this software is to ease the burden on IT personnel and enhance efficiency by mechanizing their initial routine tasks. The data storage process is automated with the assistance of this cloud-based technology, eliminating the need for human engagement.
What Are the Key Segments in the Cloud Professional Services Market?
The cloud professional servicesmarket covered in this report is segmented -
1) By Service Type: Consulting, Application Development And Modernization, Implementation And Migration, Integration And Optimization
2) By Deployment Model: Public Cloud, Private Cloud
3) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
4) By Verticals: BFSI, Manufacturing, Healthcare And Life Sciences, IT And ITES, Government, Telecommunications, Retail And Consumer Goods, Energy And utilities, Other Verticals
Subsegments:
1) By Consulting: Cloud Strategy Consulting, Business Transformation Consulting, Risk And Compliance Consulting
2) By Application Development And Modernization: Custom Application Development, Legacy Application Modernization, Mobile Application Development
3) By Implementation And Migration: Cloud Migration Services, System Implementation Services, Data Migration Services
4) By Integration And Optimization: API Integration Services, Workflow Automation, Performance Optimization Services
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Who Are the Key Players Shaping the Cloud Professional Services Market's Competitive Landscape?
Major companies operating in the cloud professional services market are accenture* PLC, HCL Technologies Ltd., Cognizant Technology Solutions India Pvt Ltd., Capgemini SE, Cisco Systems Inc., DXC Technology Company, Hitachi Vantara Corporation, Infosys Limited, NTT Data Corporation, Amazon.com Inc., Deloitte Touche Tohmatsu Limited, Ernst & Young Global Limited, Fujitsu Limited, Wipro Limited, PricewaterhouseCoopers International Limited, Google LLC, Microsoft Corporation, Alibaba Group Holding Limited, Hewlett Packard Enterprise Company, International Business Machines Corporation, T-Systems International GmbH, Rackspace Technology Inc., SAP SE, StackOverdrive.io LLC, Renova Cloud Company Limited, Advascale SIA, Gorilla Logic LLC, BlueSoft Sp. Z.o.o, Turing Enterprises Inc., Cubex Systems Pty Ltd., Debuide Technologies (OPC) Pvt. Ltd., Exodata LLC, Tata Consultancy Services Ltd., Coastal Cloud LLC, OpenText Corp., CompuData Inc., Spaulding Ridge Enterprises London Llimited, Navisite LLC, Assured Technology Pvt. Ltd., Tech Mahindra Ltd., Atos Information Technology Incorporated, Cloudreach Europe Ltd.
What Geographic Markets Are Powering Growth in the Cloud Professional Services Market?
North America was the largest region in the cloud professional services market in 2024. Asia-Pacific is expected to be fastest growing region in the cloud professional services market report forecast period. The regions covered in the cloud professional services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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