Global Cloud Managed Services Market is Expected to Reach $69.87 billion by 2023

Market Research Report on Cloud Managed Services Market

Market Research Report on Cloud Managed Services Market

Cloud Managed Services Market Research Report

RAIPUR, INDIA, November 8, 2017 /EINPresswire.com/ --

Report Sellers has added a new market research report “Cloud Managed Services - Global Market Outlook (2017-2023)” to its offerings.

According to Report, the Global Cloud Managed Services Market is expected to grow from $25.49 billion in 2016 to reach $69.87 billion by 2023 with a CAGR of 15.5%.

Increasing adoption of cloud technologies among all the end users, cost efficient services, and recent technological advancements are some of the factors propelling the market growth. In addition, raising demand from small and medium enterprises for managed services is another factor bolstering the market growth. On the other hand, privacy & security concerns, lack of experienced professionals are the restraints limiting the market growth.

Banking, Financial Services, and Insurance segment is commanded the global market with a higher market revenue during the forecast period due to growing demand for risk mitigation, cost efficiency, and to meet regulations requirement. Besides, the managed mobility services segment is anticipated to witness highest market growth. The growth is attributed to increasing focus on Bring Your Own Device (BYOD) trend in industries. North America represents as the largest market in terms of revenue. The Asia Pacific region is expected to register higher growth rate owing to increasing adoption of technologies, raising capital investments from major companies.

Some of the key players in global cloud managed services market include Accenture PLC, AT&T Inc., Centurylink, Cisco Systems, Inc., Civica, DXC Technology, Ericsson, Fujitsu Ltd., Hewlett-Packard Enterprise Company, Huwaei Technologies, IBM Corporation, Microsoft Corporation, NEC Corporation, Nokia Corporation (Alcatel-Lucent Enterprise), NTT Data Corporation, and VMWare, Inc.

Browse through the complete description and in-depth TOC on “Cloud Managed Services Market”
https://www.reportsellers.com/market-research-report/Cloud-Managed-Services---Global-Market-Outlook-2017-2023

What does the Report Offers

• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments

Report Scope

Global Cloud Managed Services Market has been segmented by services covered, deployment types covered, organization sizes covered, end users covered and regions covered

Services Covered:
Managed Mobility Services
Managed Network Services
Network Monitoring and Maintenance Services
Virtual Private Network
Others
Managed Data Center Services
Storage Services
Hosting Services
Others
Managed Infrastructure Services
Managed Backup and Recovery Services
Managed Desktop Services
Managed Print Services
Others
Managed Communication Services
Email Communications Services
Unified Communications Services
Managed Security Services
Incident Management Services
Threat Management Services
Vulnerability Management Services
Others

Deployment Types Covered:
Public Cloud
Private Cloud

Organization Sizes Covered:
Small and Medium Enterprises
Large Enterprises

End Users Covered:
Banking, Financial Services, and Insurance
Energy and Utilities
Government
Healthcare
Manufacturing
Retail
Telecom and IT
Other End Users

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
UK
Italy
France
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

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