Global Cloud Managed Service Industry Projected to touch US$86.4 bn by 2022

With the significant rise in the trend of cloud automation, the Global Market for Cloud Managed Service is observing a substantial growth in its valuation. Thanks to the rising awareness regarding the benefits of cloud managed services, small- and mid-sized enterprises (SMEs) are preferring these services over the conventional ones, which is expected to maintain the high growth pace of this market in the near future.

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This research report presents a detailed assessment and forecast of this market, underlining its performance in various regions. It further offers the historical data pertaining to this market while predicting about its status during the period of 2017 to 2022. The growth drivers and restraining factors of this market, coupled with, their impact on the demand for these systems during the forecast period is discussed here with high importance. A thorough study of the opportunities available in this market on the global as well as the regional level has also been included in the market report.

Global Cloud Managed Service Market: Research Methodology

In an effort to offer the readers of this research report with a comprehensive overview of this market, researchers have included an in-depth competitiveness analysis and information about the unique selling propositions of the leading players. Further, the report includes analyses of the market’s attractiveness and basis point share on the basis of the end-use, type, and power class of cloud managed services. The market numbers have also been estimated in this study on the basis of the average usage of cloud managed services in various application areas.

The market size and predictions for each of the segment have been offered in the context of the global and domestic markets. The dynamics of the cloud managed services market in each of the key regions have been taken into consideration for the estimation of the future growth of this market. The market has also been assessed on the basis of expected demand. The revenue generated from cloud managed services across the world have been derived using the regional pricing trends. The market data for each segment is based on the demand and the corresponding revenue.

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Global Cloud Managed Service Market: Segmentation

The global market for cloud managed services is examined in the basis of the service, end user, industry, and the regional spread of this market. Based on the service, the market is classified into managed network service, managed security service, managed mobility, and it infrastructure management service. By the end user, the market is bifurcated into the large enterprises and small and medium enterprises (SMEs).

On the basis of the industry, the market is divided into the BFSI, IT and telecom, healthcare, and the government. In terms of the region, the market is divided into North America, Asia Pacific excluding Japan (APEJ), the Middle East and Africa (MEA), Europe, Latin America, and Japan.

The segmentation consist of the demand for cloud managed services in all the regions as well as their significant economies. The patterns of the demand for these systems in each of the regions have been determined while estimating the market for various application for cloud managed services in them. The segmentation of this market by the end user, modality, and the type of the software has been derived through the bottom-up approach, which is accumulative of the demand from each of the regions. The regional demand for cloud managed services is the summation of the prominent sub-regions and the economies within a specified region.

Companies Mentioned in the Report

NTT Data Corp., NEC Corp., Rackspace, Cisco Systems Inc., Hewlett Packard Enterprises, VMWare, Huawei Technologies, AT&T, Microsoft Corp., and IBM Corp. are some of the prominent companies in the global cloud managed services market.

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