They enable organizations to enhance competences that they lack to replace processes and functions that have incurred huge recurring costs.
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Cloud managed services Market provide solutions, which enhance in-house functionalities and IT infrastructure that is managed in association with a third-party service provider through a cloud platform. Cloud managed services include a range of services such as managed cloud, IT life cycle managed, managed network operations, managed security operation, and managed mobility & applications.
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Based on organization size, the market is segmented into small and medium enterprises (SMEs) and large enterprises. Based on deployment type, it is categorized into private and public cloud.
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Based on type, it is divided into managed security services, managed infrastructure services, managed data center services, managed network services, managed communication services, and managed mobility. Based on industry verticals, the market is segmented into banking, financial services, and insurance (BFSI), healthcare, IT & telecom, and others.
The geographic breakdown and deep analysis of each of the aforesaid segments have been covered for North America, Europe, Asia-Pacific, and LAMEA.
- Increasing demand for cloud-based mobility services in the market that heavily contributes towards the growth of the cloud managed service market.
- Increasing adoption of managed services in SMEs and reduction in operational & infrastructural costs drive the cloud managed service market growth.
- Maximum time requirement for data processing
- Requirement of high bandwidth
- Security & privacy concerns regarding piracy is expected to hinder the market growth for cloud managed services.
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The key players in the global cloud managed service market include Huawei Technologies Co. Ltd., IBM Corporation, Cisco System, Inc., NTT DATA Corporation, Accenture, VMware, Inc., AT& T Inc., BT Global Services, Microsoft Corporation, and Alcatel-Lucent.
Table Of Contents:
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restraints and Challenges
Global Cloud Managed Service Market by Organization Size
4.1. Small and Medium Enterprises (SEMs)
4.1.1. Historical Market Size by Region, 2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.2. Large Enterprises
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