The
global cloud managed services market size is expected to
reach USD 82.51 billion by 2025, according to a study conducted by Grand View
Research, Inc. The focus of enterprises on primary business operations is
resulting into higher cloud managed services adoption. Business services,
security services, network services, data center services, and mobility
services are major categories in cloud managed services market. Implementation
of these services will help enterprises to reduce IT and operations costs and
will also enhance productivity of those enterprises.
Availability
of developed IT infrastructure will drive the managed cloud services adoption
in North America. The regional markets of APAC and Middle East & Africa
will witness significant growth. This growth will be a result of increased
cloud adoption and increase in significant investments from prominent players.
The
market will observe some restraints as well, such as data privacy &
security, and poor connectivity. These factors are expected to hamper the
market growth during the forecast period. Data security will be a major
restraining factor as it will affect cloud adoption and cloud managed services
market as well. It will lead service providers to focus more on including
security features to acquire customers.
Browse full
research report on Cloud Managed Services Market
Further key
findings from the study suggest:
- Increasing mobile device adoption will drive
the growth rate of mobility services segment
- High security and increased service level will
drive private cloud deployment with an expected CAGR of 16% during the
forecasted period
- Customization along with reduction in IT costs
will drive adoption in small and medium enterprises
- Increasing levels of data security will drive
the growth of healthcare segment in the market
- Increased investment in cloud technologies by
countries such as China and India will drive the Asia Pacific regional
market growth rate
- The major industry players include Cisco
Systems Inc., IBM, Verizon Communications Inc., Ericsson, and NTT Data
Corporation
Browse more
reports of this category by Grand View Research: www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research has segmented the global cloud managed services
market report based on types, cloud deployments, end-users, verticals, and
regions:
Type
Outlook (Revenue, USD Million; 2014 - 2025)
- Business
Services
- Network
Services
- Security
Services
- Data
Center Services
- Mobility
Services
Cloud
Deployment Outlook (Revenue, USD Million; 2014 - 2025)
- Public
- Private
End-User
Outlook (Revenue, USD Million; 2014 - 2025)
- SMEs
- Large
Enterprises
Vertical
Outlook (Revenue, USD Million; 2014 - 2025)
- Telecom
& ITES
- Government
(State & Local, Federal) & Education
- BFSI
- Retail
& Consumer
- Healthcare
- Manufacturing
& Automotive
- Others
(Media, Transportation, Food & Beverages, Oil & Gas, Real
Estate)
Regional
Outlook (Revenue, USD Million; 2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia
Pacific
- China
- India
- Japan
- Latin
America
- Middle
East & Africa (MEA)
Access
Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-cloud-managed-services-market
About Grand
View Research:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The company
provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
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