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 request sample of this report by
Grand View Research:
https://www.grandviewresearch.com/industry-analysis/cloud-managed-services-market/request/rs1
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.
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