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: https://www.grandviewresearch.com/industry-analysis/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: https://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)
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.
For more information: www.grandviewresearch.com
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