Study Period | 2019-2032 |
Base Year | 2023 |
Forcast Year | 2023-2032 |
CAGR | 9.27 |
The Cloud Managed Market size is projected to grow at a CAGR of 6.12% between 2022 and 2032. The market size is forecasted to increase by USD 28,769.82 million. The growth of the market is driven by various factors, including the increasing adoption of cloud technologies, demand for efficient remote management solutions, and the need for scalable and flexible IT infrastructure. Cloud managed services refer to the outsourcing of IT management and maintenance tasks to a third-party provider, utilizing cloud-based platforms to enhance operational efficiency.
Cloud Managed Market Overview:
Drivers:
One of the key drivers propelling the growth of the Cloud Managed Market is the rapid adoption of cloud computing across industries. Cloud technology offers businesses the ability to access and manage resources and applications remotely, enabling cost savings, scalability, and improved flexibility. Organizations are increasingly leveraging cloud managed services to offload routine IT management tasks, allowing them to focus on core business activities.
Furthermore, the demand for efficient remote management solutions is driving market growth. Cloud managed services enable businesses to remotely monitor, manage, and troubleshoot their IT infrastructure, regardless of geographic location. This is especially crucial in today's globalized business landscape where remote operations and telecommuting are becoming more prevalent.
Trends:
The integration of Artificial Intelligence (AI) and Machine Learning (ML) technologies is a prominent trend shaping the Cloud Managed Market. AI and ML are being utilized to enhance cloud management processes, automate routine tasks, predict system issues, and optimize resource allocation. This trend not only improves operational efficiency but also enhances the overall user experience.
Moreover, the focus on cybersecurity and data protection is a crucial trend. As businesses rely more heavily on cloud services, the need for robust security measures to safeguard sensitive data and prevent cyber threats becomes paramount. Cloud managed service providers are incorporating advanced security solutions to ensure the integrity and confidentiality of their clients' data.
Restraints:
Data privacy and regulatory compliance concerns pose challenges to the growth of the Cloud Managed Market. The storage and management of sensitive data in the cloud raise concerns about data sovereignty, compliance with industry regulations, and potential data breaches. Addressing these concerns is vital to gain the trust of businesses and ensure the sustainable growth of cloud managed services.
Furthermore, the complexity of migrating existing on-premises infrastructure to the cloud can be a restraining factor. The transition to cloud managed services requires careful planning, resource allocation, and coordination with service providers. Organizations may face challenges in ensuring a seamless migration while minimizing disruption to their operations.
Cloud Managed Market Segmentation By Service:
The Infrastructure as a Service (IaaS) segment is expected to witness substantial growth during the forecast period. IaaS provides virtualized computing resources over the internet, allowing organizations to scale their infrastructure as needed without investing in physical hardware. This service model is particularly attractive to businesses seeking cost-effective solutions for their IT infrastructure needs.
Furthermore, the Managed Security Services (MSS) segment is anticipated to experience significant growth. With the increasing threat landscape, businesses are seeking managed security solutions to safeguard their cloud environments against cyber threats, data breaches, and unauthorized access.
Cloud Managed Market Segmentation By Deployment Model:
The Public Cloud segment is driving the growth of the Cloud Managed Market. Public cloud services are widely adopted due to their cost-efficiency, scalability, and accessibility. Organizations across various industries are leveraging public cloud managed services to streamline their operations and enhance collaboration.
Regional Overview:
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North America is expected to contribute significantly to the growth of the global Cloud Managed Market. The region's advanced technological infrastructure, high cloud adoption rates, and presence of major cloud service providers drive the demand for cloud managed services. Furthermore, Europe is anticipated to witness substantial growth as businesses in the region prioritize digital transformation and seek efficient cloud management solutions.
Cloud Managed Market Customer Landscape:
The Cloud Managed Market report provides insights into the adoption lifecycle of the market, from early adopters to late adopters. It analyzes adoption rates in different industries and regions, considering factors such as business size, industry vertical, and digital maturity.
Major Cloud Managed Market Companies:
Companies in the Cloud Managed Market are implementing strategies such as partnerships, acquisitions, and product innovations to gain a competitive edge.
Segment Overview:
The Cloud Managed Market report forecasts market growth by revenue at the global, regional, and country levels, analyzing trends and growth opportunities from 2019 to 2032.
Key Benefits for Stakeholders
Global Cloud Managed Services Market Size, Status and Forecast 2025
1 Industry Overview of Cloud Managed Services
1.1 Cloud Managed Services Market Overview
1.1.1 Cloud Managed Services Product Scope
1.1.2 Market Status and Outlook
1.2 Global Cloud Managed Services Market Size and Analysis by Regions (2013-2018)
1.2.1 United States
1.2.2 EU
1.2.3 Japan
1.2.4 China
1.2.5 India
1.2.6 Southeast Asia
1.3 Cloud Managed Services Market by Type
1.3.1 Business
1.3.2 Network
1.3.3 Security
1.3.4 Data Center
1.3.5 Mobility
1.4 Cloud Managed Services Market by End Users/Application
1.4.1 Public
1.4.2 Private
2 Global Cloud Managed Services Competition Analysis by Players
2.1 Cloud Managed Services Market Size (Value) by Players (2013-2018)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles
3.1 IBM
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Cloud Managed Services Revenue (Million USD) (2013-2018)
3.1.5 Recent Developments
3.2 Cisco Systems. Inc
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Cloud Managed Services Revenue (Million USD) (2013-2018)
3.2.5 Recent Developments
3.3 Ericsson
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Cloud Managed Services Revenue (Million USD) (2013-2018)
3.3.5 Recent Developments
3.4 Verizon Communication Inc.
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Cloud Managed Services Revenue (Million USD) (2013-2018)
3.4.5 Recent Developments
3.5 Accenture PLC
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Cloud Managed Services Revenue (Million USD) (2013-2018)
3.5.5 Recent Developments
3.6 NTT Data Corporation
3.6.1 Company Profile
3.6.2 Main Business/Business Overview
3.6.3 Products, Services and Solutions
3.6.4 Cloud Managed Services Revenue (Million USD) (2013-2018)
3.6.5 Recent Developments
3.7 Huawei Technologies
3.7.1 Company Profile
3.7.2 Main Business/Business Overview
3.7.3 Products, Services and Solutions
3.7.4 Cloud Managed Services Revenue (Million USD) (2013-2018)
3.7.5 Recent Developments
3.8 Fujitsu Limited
3.8.1 Company Profile
3.8.2 Main Business/Business Overview
3.8.3 Products, Services and Solutions
3.8.4 Cloud Managed Services Revenue (Million USD) (2013-2018)
3.8.5 Recent Developments
3.9 China Huaxin( Alcatel Lucent Enterprise)
3.9.1 Company Profile
3.9.2 Main Business/Business Overview
3.9.3 Products, Services and Solutions
3.9.4 Cloud Managed Services Revenue (Million USD) (2013-2018)
3.9.5 Recent Developments
3.10 CenturyLink
3.10.1 Company Profile
3.10.2 Main Business/Business Overview
3.10.3 Products, Services and Solutions
3.10.4 Cloud Managed Services Revenue (Million USD) (2013-2018)
3.10.5 Recent Developments
4 Global Cloud Managed Services Market Size by Type and Application (2013-2018)
4.1 Global Cloud Managed Services Market Size by Type (2013-2018)
4.2 Global Cloud Managed Services Market Size by Application (2013-2018)
4.3 Potential Application of Cloud Managed Services in Future
4.4 Top Consumer/End Users of Cloud Managed Services
5 United States Cloud Managed Services Development Status and Outlook
5.1 United States Cloud Managed Services Market Size (2013-2018)
5.2 United States Cloud Managed Services Market Size and Market Share by Players (2013-2018)
5.3 United States Cloud Managed Services Market Size by Application (2013-2018)
6 EU Cloud Managed Services Development Status and Outlook
6.1 EU Cloud Managed Services Market Size (2013-2018)
6.2 EU Cloud Managed Services Market Size and Market Share by Players (2013-2018)
6.3 EU Cloud Managed Services Market Size by Application (2013-2018)
7 Japan Cloud Managed Services Development Status and Outlook
7.1 Japan Cloud Managed Services Market Size (2013-2018)
7.2 Japan Cloud Managed Services Market Size and Market Share by Players (2013-2018)
7.3 Japan Cloud Managed Services Market Size by Application (2013-2018)
8 China Cloud Managed Services Development Status and Outlook
8.1 China Cloud Managed Services Market Size (2013-2018)
8.2 China Cloud Managed Services Market Size and Market Share by Players (2013-2018)
8.3 China Cloud Managed Services Market Size by Application (2013-2018)
9 India Cloud Managed Services Development Status and Outlook
9.1 India Cloud Managed Services Market Size (2013-2018)
9.2 India Cloud Managed Services Market Size and Market Share by Players (2013-2018)
9.3 India Cloud Managed Services Market Size by Application (2013-2018)
10 Southeast Asia Cloud Managed Services Development Status and Outlook
10.1 Southeast Asia Cloud Managed Services Market Size (2013-2018)
10.2 Southeast Asia Cloud Managed Services Market Size and Market Share by Players (2013-2018)
10.3 Southeast Asia Cloud Managed Services Market Size by Application (2013-2018)
11 Market Forecast by Regions, Type and Application (2018-2025)
11.1 Global Cloud Managed Services Market Size (Value) by Regions (2018-2025)
11.1.1 United States Cloud Managed Services Revenue and Growth Rate (2018-2025)
11.1.2 EU Cloud Managed Services Revenue and Growth Rate (2018-2025)
11.1.3 Japan Cloud Managed Services Revenue and Growth Rate (2018-2025)
11.1.4 China Cloud Managed Services Revenue and Growth Rate (2018-2025)
11.1.5 India Cloud Managed Services Revenue and Growth Rate (2018-2025)
11.1.6 Southeast Asia Cloud Managed Services Revenue and Growth Rate (2018-2025)
11.2 Global Cloud Managed Services Market Size (Value) by Type (2018-2025)
11.3 Global Cloud Managed Services Market Size by Application (2018-2025)
12 Cloud Managed Services Market Dynamics
12.1 Cloud Managed Services Market Opportunities
12.2 Cloud Managed Services Challenge and Risk
12.2.1 Competition from Opponents
12.2.2 Downside Risks of Economy
12.3 Cloud Managed Services Market Constraints and Threat
12.3.1 Threat from Substitute
12.3.2 Government Policy
12.3.3 Technology Risks
12.4 Cloud Managed Services Market Driving Force
12.4.1 Growing Demand from Emerging Markets
12.4.2 Potential Application
13 Market Effect Factors Analysis
13.1 Technology Progress/Risk
13.1.1 Substitutes
13.1.2 Technology Progress in Related Industry
13.2 Consumer Needs Trend/Customer Preference
13.3 External Environmental Change
13.3.1 Economic Fluctuations
13.3.2 Other Risk Factors
14 Research Finding/Conclusion
15 Appendix
Methodology
Analyst Introduction
Data Source
Figure Global Cloud Managed Services Market Size (Million USD) Status and Outlook (2013-2018)
Table Global Cloud Managed Services Revenue (Million USD) Comparison by Regions (2013-2018)
Figure Global Cloud Managed Services Market Share by Regions (2013-2018)
Figure United States Cloud Managed Services Market Size (Million USD) and Growth Rate by Regions (2013-2018)
Figure EU Cloud Managed Services Market Size (Million USD) and Growth Rate by Regions (2013-2018)
Figure Japan Cloud Managed Services Market Size (Million USD) and Growth Rate by Regions (2013-2018)
Figure China Cloud Managed Services Market Size (Million USD) and Growth Rate by Regions (2013-2018)
Figure India Cloud Managed Services Market Size (Million USD) and Growth Rate by Regions (2013-2018)
Figure Southeast Asia Cloud Managed Services Market Size (Million USD) and Growth Rate by Regions (2013-2018)
Table Global Cloud Managed Services Revenue (Million USD) and Growth Rate (%) Comparison by Product (2013-2018)
Figure Global Cloud Managed Services Revenue Market Share by Type in 2017
Figure Business Market Size (Million USD) and Growth Rate (2013-2018)
Figure Network Market Size (Million USD) and Growth Rate (2013-2018)
Figure Security Market Size (Million USD) and Growth Rate (2013-2018)
Figure Data Center Market Size (Million USD) and Growth Rate (2013-2018)
Figure Mobility Market Size (Million USD) and Growth Rate (2013-2018)
Figure Global Cloud Managed Services Market Share by Application in 2017
Figure Cloud Managed Services Market Size (Million USD) and Growth Rate in Public (2013-2018)
Figure Cloud Managed Services Market Size (Million USD) and Growth Rate in Private (2013-2018)
Figure Cloud Managed Services Market Size (Million USD) and Growth Rate in Applications 3 (2013-2018)
Table Cloud Managed Services Market Size (Million USD) by Players (2013-2018)
Figure Cloud Managed Services Market Size Share by Players in 2013
Figure Cloud Managed Services Market Size Share by Players in 2017
Table IBM Basic Information List
Table Cloud Managed Services Business Revenue (Million USD) of IBM (2013-2018)
Figure IBM Cloud Managed Services Business Revenue Market Share (2013-2018)
Table Cisco Systems. Inc Basic Information List
Table Cloud Managed Services Business Revenue (Million USD) of Cisco Systems. Inc (2013-2018)
Figure Cisco Systems. Inc Cloud Managed Services Business Revenue Market Share (2013-2018)
Table Ericsson Basic Information List
Table Cloud Managed Services Business Revenue (Million USD) of Ericsson (2013-2018)
Figure Ericsson Cloud Managed Services Business Revenue Market Share (2013-2018)
Table Verizon Communication Inc. Basic Information List
Table Cloud Managed Services Business Revenue (Million USD) of Verizon Communication Inc. (2013-2018)
Figure Verizon Communication Inc. Cloud Managed Services Business Revenue Market Share (2013-2018)
Table Accenture PLC Basic Information List
Table Cloud Managed Services Business Revenue (Million USD) of Accenture PLC (2013-2018)
Figure Accenture PLC Cloud Managed Services Business Revenue Market Share (2013-2018)
Table NTT Data Corporation Basic Information List
Table Cloud Managed Services Business Revenue (Million USD) of NTT Data Corporation (2013-2018)
Figure NTT Data Corporation Cloud Managed Services Business Revenue Market Share (2013-2018)
Table Huawei Technologies Basic Information List
Table Cloud Managed Services Business Revenue (Million USD) of Huawei Technologies (2013-2018)
Figure Huawei Technologies Cloud Managed Services Business Revenue Market Share (2013-2018)
Table Fujitsu Limited Basic Information List
Table Cloud Managed Services Business Revenue (Million USD) of Fujitsu Limited (2013-2018)
Figure Fujitsu Limited Cloud Managed Services Business Revenue Market Share (2013-2018)
Table China Huaxin( Alcatel Lucent Enterprise) Basic Information List
Table Cloud Managed Services Business Revenue (Million USD) of China Huaxin( Alcatel Lucent Enterprise) (2013-2018)
Figure China Huaxin( Alcatel Lucent Enterprise) Cloud Managed Services Business Revenue Market Share (2013-2018)
Table CenturyLink Basic Information List
Table Cloud Managed Services Business Revenue (Million USD) of CenturyLink (2013-2018)
Figure CenturyLink Cloud Managed Services Business Revenue Market Share (2013-2018)
Table Global Cloud Managed Services Market Size (Million USD) by Product (2013-2018)
Figure Global Cloud Managed Services Revenue Market Share (%) by Product (2013-2018)
Figure Global Cloud Managed Services Market Share by Product in 2017
Table Global Cloud Managed Services Market Size by Application (2013-2018)
Figure Global Cloud Managed Services Revenue Market Share (%) by Application in 2017
Table Top Consumer/End Users of Cloud Managed Services
Figure United States Cloud Managed Services Market Size (Million USD) and Growth Rate (2013-2018)
Table United States Cloud Managed Services Market Size (Million USD) by Players (2013-2018)
Figure United States Cloud Managed Services Market Size Share by Players in 2013
Figure United States Cloud Managed Services Market Size Share by Players in 2017
Table United States Cloud Managed Services Market Size by Application (2013-2018)
Figure United States Cloud Managed Services Revenue Market Share (%) by Application (2013-2018)
Figure United States Cloud Managed Services Market Size Share by Application in 2017
Figure EU Cloud Managed Services Market Size (Million USD) and Growth Rate (2013-2018)
Table EU Cloud Managed Services Market Size (Million USD) by Players (2013-2018)
Figure EU Cloud Managed Services Market Size Share by Players in 2013
Figure EU Cloud Managed Services Market Size Share by Players in 2017
Table EU Cloud Managed Services Market Size by Application (2013-2018)
Figure EU Cloud Managed Services Revenue Market Share (%) by Application (2013-2018)
Figure EU Cloud Managed Services Market Size Share by Application in 2017
Figure Japan Cloud Managed Services Market Size (Million USD) and Growth Rate (2013-2018)
Table Japan Cloud Managed Services Market Size (Million USD) by Players (2013-2018)
Figure Japan Cloud Managed Services Market Size Share by Players in 2013
Figure Japan Cloud Managed Services Market Size Share by Players in 2017
Table Japan Cloud Managed Services Market Size by Application (2013-2018)
Figure Japan Cloud Managed Services Revenue Market Share (%) by Application (2013-2018)
Figure Japan Cloud Managed Services Market Size Share by Application in 2017
Figure China Cloud Managed Services Market Size (Million USD) and Growth Rate (2013-2018)
Table China Cloud Managed Services Market Size (Million USD) by Players (2013-2018)
Figure China Cloud Managed Services Market Size Share by Players in 2013
Figure China Cloud Managed Services Market Size Share by Players in 2017
Table China Cloud Managed Services Market Size by Application (2013-2018)
Figure China Cloud Managed Services Revenue Market Share (%) by Application (2013-2018)
Figure China Cloud Managed Services Market Size Share by Application in 2017
Figure India Cloud Managed Services Market Size (Million USD) and Growth Rate (2013-2018)
Table India Cloud Managed Services Market Size (Million USD) by Players (2013-2018)
Figure India Cloud Managed Services Market Size Share by Players in 2013
Figure India Cloud Managed Services Market Size Share by Players in 2017
Table India Cloud Managed Services Market Size by Application (2013-2018)
Figure India Cloud Managed Services Revenue Market Share (%) by Application (2013-2018)
Figure India Cloud Managed Services Market Size Share by Application in 2017
Figure Southeast Asia Cloud Managed Services Market Size (Million USD) and Growth Rate (2013-2018)
Table Southeast Asia Cloud Managed Services Market Size (Million USD) by Players (2013-2018)
Figure Southeast Asia Cloud Managed Services Market Size Share by Players in 2013
Figure Southeast Asia Cloud Managed Services Market Size Share by Players in 2017
Table Southeast Asia Cloud Managed Services Market Size by Application (2013-2018)
Figure Southeast Asia Cloud Managed Services Revenue Market Share (%) by Application (2013-2018)
Figure Southeast Asia Cloud Managed Services Market Size Share by Application in 2017
Figure Global Cloud Managed Services Market Size and Growth Rate (2018-2025)
Table Global Cloud Managed Services Market Size (Million USD) by Regions (2018-2025)
Figure Global Cloud Managed Services Market Size Share (2018-2025)
Figure Global Cloud Managed Services Market Size Share by Regions in 2025
Figure United States Cloud Managed Services Revenue (Million USD) and Growth Rate (2018-2025)
Figure EU Cloud Managed Services Revenue (Million USD) and Growth Rate (2018-2025)
Figure Japan Cloud Managed Services Revenue (Million USD) and Growth Rate (2018-2025)
Figure China Cloud Managed Services Revenue (Million USD) and Growth Rate (2018-2025)
Figure India Cloud Managed Services Revenue (Million USD) and Growth Rate (2018-2025)
Figure Southeast Asia Cloud Managed Services Revenue (Million USD) and Growth Rate (2018-2025)
Table Global Cloud Managed Services Market Size (Million USD) by Type (2018-2025)
Figure Global Cloud Managed Services Market Size Share by Type in 2018
Figure Global Cloud Managed Services Market Size Share by Type in 2025
Table Global Cloud Managed Services Market Size (Million USD) by Application (2018-2025)
Figure Global Cloud Managed Services Market Size (Million USD) by Application in 2018
Figure Global Cloud Managed Services Market Size (Million USD) by Application in 2025
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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