The report segments the cloud managed services market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments. The market numbers are further split across different verticals and regions. Learn details of the Size, Share, Growth, Trends, Outlook to 2022
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The cloud managed services market size is estimated to grow from USD 27.15 billion in 2017 to USD 53.78 billion by 2022, at an estimated CAGR of 14.6%. The cloud managed services market is driven by factors such as increased adoption of managed services by SMEs and the increasing trend of mobile devices and big data analytics in the organizations.
Concern over cloud security and privacy is going to hinder the market during the forecast period.
The managed infrastructure services segment is expected to hold the largest market share during the forecast period.
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The Small and Medium Enterprises (SMEs) segment is expected to grow at the highest CAGR in the managed cloud services market during the forecast period. Small enterprises face greater resource crunch than larger enterprises and require better methods to solve the complexities for better cost optimization on their business processes.
Security and compliance and reduction in downtime are some of the major benefits that the small enterprises are experiencing through the adoption of managed services. By using these managed services, SMEs are able to focus more on business operations than worrying about the IT cost.
Key Points From Table Of Content:
5 Market Overview
5.2 Market Dynamics
220.127.116.11 Increasing Trend of Cloud Analytics and Big Data
18.104.22.168 Increasing Adoption of Managed Services in SMES
22.214.171.124 Need to Focus on Enterprise Mobility
126.96.36.199 Concern Over Cloud Security and Privacy
188.8.131.52 Inefficiency of Cloud Managed Service Flow
184.108.40.206 Rise in Adoption of Cloud
220.127.116.11 Increasing Need for Managed Services
18.104.22.168 New Business Proportions
22.214.171.124 Limited Availability of It Experts in Cloud
13 Company Profiles
(Overview, Financials, Products & Services, Strategy, and Developments)*
13.1 Cisco Systems, Inc.
13.3 IBM Corporation
13.4 NTT Data Corporation
13.5 Huwaei Technologies
13.6 Accenture PLC
13.7 Nokia Corporation (Alcatel-Lucent Enterprise)
13.8 Fujitsu Ltd.
13.9 DXC Technology
13.10 NEC Corporation
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