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Cloud Professional Services Market worth $34.41 Billion by 2019

08-14-2017 12:12 PM CET | IT, New Media & Software

Press release from: Markets and Markets

Cloud Professional Services Market worth $34.41 Billion by 2019

The report “Cloud Professional Services Market by Service Type (Consulting, Integration, Deployment & Support), by Service Model (SaaS, PaaS, IaaS), and by Deployment Model (Public, Private, Others (Hybrid & Community)) - Global Forecast to 2019”, defines and segments the cloud professional services market into various sub-segments with an in-depth analysis and forecasting of revenues. It also identifies the drivers and restraints for this market with the insights on trends, opportunities, and challenges.

http://www.marketsandmarkets.com/Market-Reports/cloud-professional-services-market-13244138.html

Browse 106 market data tables with 46 figures spread through 151 pages and in-depth TOC on "Cloud Professional Services Market by Service Type (Consulting, Integration, Deployment & Support), by Service Model (SaaS, PaaS, IaaS), and by Deployment Model (Public, Private, Others (Hybrid & Community)) - Global Forecast to 2019"

Early buyers will receive 10% customization on reports.

Cloud professional services are broadly divided into cloud based consulting services including training and education services, assessment and advisory services, and risk evaluation services; system and network integration services including cloud application design and development services, cloud migration and up gradation services, application load and performance testing services, cloud expansion and bridging services; and deployment and support services including application monitoring, management and optimization services, data backup and recovery services, network and storage security services and compliance and security management services.

MarketsandMarkets has broadly segmented the cloud professional services market by type of services into consulting services, system and network integration services, and deployment and support services; service model into Software-as-as-Service (SaaS), Platform-as-a-Service (PaaS), and Infrastructure-as-a-Service (IaaS); deployment model into private cloud, public cloud, and hybrid cloud; verticals into banking and financial services, insurance, public sector and utilities, transportation, healthcare, telecommunication and IT, education, retail, manufacturing, and others; and regions into North America (NA), Europe, Latin America (LA), Asia-Pacific (APAC), and Middle East and Africa (MEA).

MarketsandMarkets believes that the data security concerns associated with consumers regarding their critical data storage in the cloud and technological constraints giving rise to network and application performance issues are the major constraints in the cloud professional services market. These challenges carry significant potential of hampering the adoption rate of cloud professional services and solutions by numerous SMBs across a wide range of verticals.

The cloud professional services market is estimated to grow from $10.33billion in 2014 to $34.41 billion in 2019, at a Compound Annual Growth Rate (CAGR) of 27.2% from 2014 to 2019. Geographically, North America is expected to be the biggest market in terms of revenue contribution while Middle East and Africa (MEA), Latin America (LA) and Asia-Pacific (APAC) are expected to emerge rapidly in this market with high CAGRs.

Read More !! http://www.prnewswire.com/news-releases/cloud-professional-services-market-worth-3441-billion-by-2019-278647941.html

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: sales@marketsandmarkets.com

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