Cloud Managed Services Market Set for Rapid Growth during 2021 – 2031

According to the report published by Allied Market Research, the global cloud-managed services market generated $83.3 billion in 2021, and is expected to reach $319.4 billion by 2031, witnessing a CAGR of 14.5% from 2022 to 2031. The report offers an extensive analysis of drivers and opportunities, Covid-19 impact, top segments, regions, and key market players. 

An increase in demand for cloud applications and less cost of cloud services and hyper-scaling capabilities drive the growth of the global cloud-managed services market. North America contributed to the largest share in 2021 and will maintain its dominant share throughout the forecast period. The adoption of remote working and work-from-home culture led to a surge in the implementation of cloud-managed services during the Covid-19 pandemic.

Download Free sample report at: https://www.alliedmarketresearch.com/request-sample/754

Based on enterprise size, the large enterprises segment accounted for the highest share in 2021, contributing to around three-fifths of the global cloud managed services market, and is expected to maintain its lead in terms of revenue during the forecast period. However, the SMEs segment is expected to manifest the highest CAGR of 15.7% from 2022 to 2031.

Based on industry vertical, the BFSI segment held the largest share in 2021, accounting for more than one-fourth of the total market share, and is projected to continue its lead in terms of revenue during the forecast period. However, the retail segment is estimated to grow at the highest CAGR of 17.3% during the forecast period.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/754

Based on service type, the managed infrastructure services segment contributed to the highest share in 2021, accounting for more than one-fourth of the total share, and is estimated to continue its leadership status throughout the forecast period. However, the managed security services segment is projected to register the highest CAGR of 17.3% from 2022 to 2031. The research also analyzes the segments including managed business services, managed network services, managed mobility services, and managed communication and collaboration services.

Based on region, North America contributed to the largest share in 2021, holding more than two-fifths of the global cloud-managed services industry share, and will maintain its dominant share throughout the forecast period. However, Asia-Pacific is expected to manifest the fastest CAGR of 16.6% during the forecast period.

If you have any special requirements, please let us know: https://www.alliedmarketresearch.com/request-for-customization/754

Leading market players of the global cloud-managed services market analyzed in the research include Accenture, ALE USA, Inc., ALE International, Amazon Web Services, Inc., Atos SE, Cloudticity, Cisco Systems, Inc., Telefonaktiebolaget LM Ericsson, Datacom Group Ltd., FUJITSU, Huawei Technologies Co., Ltd., Hewlett Packard Enterprise Development LP, Infosys Limited, IBM Corporation, NTT DATA Corporation, NEC Corporation, Tata Consultancy Services Limited, Rackspace Technology, and Wipro.

Covid-19 Scenario:

  • The adoption of remote working and work-from-home culture led to a surge in the implementation of cloud-managed services during the pandemic. The demand for cloud-based servers to handle the amount of data generation and ensure seamless operations of business processes increased considerably due to lockdown measures and the closure of offices.
  • Cloud-managed service providers assisted small and medium enterprises in riding with the digital transformation trends and maintaining their daily operations. This enabled them in adapting to cloud and continuing their operations.

Buy This Research Report at: https://bit.ly/3UGQotM

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

Similar Report:

  1. Cloud Managed File Transfer Market

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

Contact:           
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter

Leave a comment

Your email address will not be published. Required fields are marked *