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Cloud Managed Services Market is expected to triple its market size by 2023
Press release from: HTF Market Intelligence Consulting Pvt. Ltd.
A new research document with title 'Cloud Managed Services - Global Market Outlook (2017-2023)’ covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America, Europe, Middle East, China, India, Southeast Asia and important players/vendors such as Accenture PLC, AT&T Inc., Centurylink, Cisco Systems The report will help user gain market insights, future trends and growth prospects for forecast period of 2017-23
According to Research, the Global Cloud Managed Services market is expected to grow from $25.49 billion in 2016 to reach $69.87 billion by 2023 with a CAGR of 15.5%. Increasing adoption of cloud technologies among all the end users, cost efficient services, and recent technological advancements are some of the factors propelling the market growth. In addition, raising demand from small and medium enterprises for managed services is another factor bolstering the market growth. On the other hand, privacy & security concerns, lack of experienced professionals are the restraints limiting the market growth.
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Banking, Financial Services, and Insurance segment is commanded the global market with a higher market revenue during the forecast period due to growing demand for risk mitigation, cost efficiency, and to meet regulations requirement. Besides, the managed mobility services segment is anticipated to witness highest market growth. The growth is attributed to increasing focus on Bring Your Own Device (BYOD) trend in industries. North America represents as the largest market in terms of revenue. The Asia Pacific region is expected to register higher growth rate owing to increasing adoption of technologies, raising capital investments from major companies.
Some of the key players in global cloud managed services market include Accenture PLC, AT&T Inc., Centurylink, Cisco Systems, Inc., Civica, DXC Technology, Ericsson, Fujitsu Ltd., Hewlett-Packard Enterprise Company, Huwaei Technologies, IBM Corporation, Microsoft Corporation, NEC Corporation, Nokia Corporation (Alcatel-Lucent Enterprise), NTT Data Corporation, and VMWare, Inc.
• Managed Mobility Services
• Managed Network Services
o Network Monitoring and Maintenance Services
o Virtual Private Network
• Managed Data Center Services
o Storage Services
o Hosting Services
• Managed Infrastructure Services
o Managed Backup and Recovery Services
o Managed DesKTop Services
o Managed Print Services
• Managed Communication Services
o Email Communications Services
o Unified Communications Services
• Managed Security Services
o Incident Management Services
o Threat Management Services
o Vulnerability Management Services
Deployment Types Covered:
• Public Cloud
• Private Cloud
• Organization Sizes Covered:
• Small and Medium Enterprises
• Large Enterprises
End Users Covered:
• Banking, Financial Services, and Insurance
• Energy and Utilities
• Telecom and IT
• Other End Users
North America, Europe, Middle East, China, India, Southeast Asia
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
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2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
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Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
Contact us :
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New Jersey USA – 08837
+1 (206) 317 1218
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