Cloud Managed Services Market By service type (business, network, security, data center and mobility); By deployment (public and private); By end user (small and medium sized enterprises and large enterprises); By vertical (Telecom, Government and Education, financial services, consumer, healthcare and manufacturing) and Region –Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030
Cloud Managed Services Market By service type (business, network, security, data center and mobility); By deployment (public and private); By end user (small and medium sized enterprises and large enterprises); By vertical (Telecom, Government and Education, financial services, consumer, healthcare and manufacturing) and Region –Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030
Product overview
Cloud managed services provide skilled resources that boost the functionalities of the IT sector to be managed in alliance with the third-party managed service providers by cloud platforms. They help in managing storage services, business process services, security management services, and application management services. Cloud management services enable organizations to enhance their operations and replace processes that incur high losses, transform IT systems, and help in achieving objectives.
Market Highlights
The Cloud Managed Services market grew at USD 62.4 billion in 2020 and is expected to grow at a CAGR of 13.3% during the forecast period. The services in this market include network services, business services, security services, and mobility services, which help companies to cut capital costs and transfer them into operational costs. Huge infrastructural capital investments can be avoided through cloud management services which act as a cause for the market growth.
Source: Fatpos Global
Recent Highlights in Cloud Managed Services Market
Cisco increased its portfolio for small businesses via Meraki’s cloud in March 2020. Meraki’s Wi-Fi 6 access points helped small businesses manage networks efficiently and improve their network performance.
In March 2020, IBM and Infosys partnered in order to provide cloud services to various business verticals.
In February 2020, NTT DATA Services and AWS. NTT DATA partnered to offer cloud-managed services.
Global Cloud Managed Services Market: Segments
The Cloud Managed Services Market can be segmented on the basis of service type, deployment insight, end-user, vertical, and regions.
By service type it can be further segmented into business, network, security, data center, and mobility, where the mobility segment is expected to show the highest growth due to the increase in demand for smartphones. Furthermore, the security segment is also expected to show significant growth due to the increased adoption of cloud technologies.
By deployment, it can be further segmented into public and private. Increased data security, access control, cost efficiency, and reliability are some of the features provided by the private cloud model, whereas the public cloud model requires low deployment cost and is easy to configure.
By end-user, we can classify the cloud managed services market into small and medium-sized enterprises and large enterprises. The large enterprises are most likely to dominate the segment during the forecasted period due to their flexibility and large investment ability.
By vertical, it can be segmented into Telecom, Government and Education, financial services, consumer, healthcare, and manufacturing. Healthcare and consumer segment is likely to drive the market growth.
The region segment can be further divided into five major types including North America, Latin America, Europe, APAC, and MENA.
Global Cloud Managed Services Market: Drivers and Restraints
The rise in demand among SMSE increases the market size
The rising demand for cloud managed services among small and medium scaled businesses for managing their application and storing data is the major driver of the market growth. The features such as cost efficiency, real-time access, economical manner and update in business application increase the demand of this market. Other benefits of cloud managed services include IT functionality and customized services of IT. Apart from this, enterprises can get better payoff due to the usage of cloud managed services, it helps in quickly connecting to the end-users as wells as creating business value of organizations.
Private data leakage and inefficiency acts as a restraint in the market
The major restraint in the cloud managed services market is the risk of private data leakage as third party cloud-based management increase the risk for data misuse and theft. Additionally, the lack of efficiency in service technology and non-supporting IT infrastructure also hampers the growth of the market. The high cost of installation and maintenance also abstain from small and medium-sized enterprises to invest in this market.
Cloud Managed Services Market: Regions
The region segment can be further divided into five major types including North America, Latin America, Europe, APAC, and MENA.
APAC region is expected to register the highest growth due to the increased demand for cloud managed services by small and medium-sized enterprises. It enables organizations to increase their revenue and productivity of employees. While, on the other hand, North America is to hold the largest market share because of the high adoption of cloud-based business applications, managed service for security management, network operations, and cloud application management.
Source: Fatpos Global
The Cloud Managed Services Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities-o-Y Growth, CAGR – the United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Cloud Managed Services Market: Key players
Infosys Limited
Business Strategy
Key Product offerings
Financial performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis
Cisco Systems Inc
Accenture PLC
Ericsson
International Business Machines Corporation
Amazon Web Services
NTT DATA Corporation
Fujitsu Limited
Hewlett Packard Enterprise Company
NEC Corporation
Alcatel Lucent
DLT Solutions.
The Cloud Managed Services Market report also contains analysis on:
Cloud Managed Services Market segments:-
By service type
business
network
security
data center
mobility
By deployment insight
Public
Private
By end-user
small and medium-sized enterprises
large enterprises
By vertical
Telecom
Government and Education
financial services
consumer
healthcare
manufacturing
Cloud Managed Services Market dynamics
Cloud Managed Services Market size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
FAQs on Cloud Managed Services Market
Which segment is anticipated to hold the largest market share
At what CAGR is the market anticipated to grow between 2020 and 2030
Who are the key players in the Cloud Managed Services Market
What could be the challenging factors for the growth of Global Cloud Managed Services Market
What are the growth drivers for the Cloud Managed Services Market
Contents
1. Executive Summary
2. Cloud Managed Services Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Market Dynamics
5.1. Growth Drivers
5.2. Restraints
5.3. Opportunity
5.4. Trends
6. Correlation & Regression Analysis
6.1. Correlation Matrix
6.2. Regression Matrix
7. Recent Development, Policies & Regulatory Landscape
8. Risk Analysis
8.1. Demand Risk Analysis
8.2. Supply Risk Analysis
9. Cloud Managed Services Market Analysis
9.1. Porters Five Forces
9.1.1. Threat of New Entrants
9.1.2. Bargaining Power of Suppliers
9.1.3. Threat of Substitutes
9.1.4. Rivalry
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10. Cloud Managed Services Market
10.1. Market Size & forecast, 2019A-2030F
10.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
10.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11. Cloud Managed Services Market: Market Segmentation
11.1. By Regions
11.1.1. North America:(U.S. and Canada)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2. By Service Type: Market Share (2020-2030F)
11.2.1. Business network, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2.2. Security Data Center, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2.3. mobility, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3. By Deployment : Market Share (2020-2030F)
11.3.1. Public, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.2. Private, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.4. By End user : Market Share (2020-2030F)
11.4.1. Small and medium enterprises, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.4.2. Large enterprises, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.5. By vertical : Market Share (2020-2030F)
11.5.1. Telecom, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.5.2. Government and Education, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.5.3. Financial Services, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.5.4. Consumer, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.5.5. Healthcare and Manufacturing, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. Company Profile
12.1. Infosys limited
12.1.1. Company Overview
12.1.2. Company Total Revenue (Financials)
12.1.3. Market Potential
12.1.4. Global Presence
12.1.5. Key Performance Indicators
12.1.6. SWOT Analysis
12.1.7. Product Launch
12.2. Cisco Systems Inc
12.3. Accenture PLC
12.4. Ericsson
12.5. International Business Machines Corporation
12.6. Amazon Web Services
12.7. NTT DATA Corporation
12.8. Fujitsu Limited
12.9. Hewlett Packard Enterprise Company
12.10. NEC Corporation
12.11. Alcatel Lucent
12.12. DLT Solutions.
13. Consultant Recommendation
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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