Welcome to
On Feet Nation
David White Online
Posted by Cassandra on September 1, 2024 at 12:53am 0 Comments 0 Likes
The global Cloud Managed Services Market size is expected to reach USD 305.16 billion by 2030, according to a study conducted by Grand View Research, Inc. The market is expected to expand at a CAGR of 14.7% from 2023 to 2030. 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.
List of Key Players of Cloud Managed Services Market
Related Press Release@ Cloud Managed Services Market Report
Cloud Managed Services Market Report Highlights
Report Attribute |
Details |
Market size value in 2023 |
USD 117.11 billion |
Revenue forecast in 2030 |
USD 305.16 billion |
Growth Rate |
CAGR of 14.7% from 2023 to 2030 |
Base year for estimation |
2022 |
Historical data |
2017 - 2021 |
Forecast period |
2023 - 2030 |
Request For A Free Consultation@ https://www.grandviewresearch.com/request-free-consultation/4815/rfc
Cloud Managed Services Market Segmentation
Grand View Research has segmented the global cloud managed services market based on service type, cloud deployment, end-user, verticals, and region:
Cloud Managed Services Service Type Outlook (Revenue, USD Million, 2017 - 2030)
Cloud Managed Services Cloud Deployment Outlook (Revenue, USD Million, 2017 - 2030)
Cloud Managed Services End-user Outlook (Revenue, USD Million, 2017 - 2030)
Cloud Managed Services Verticals Outlook (Revenue, USD Million, 2017 - 2030)
Cloud Managed Services Regional Outlook (Revenue, USD Million, 2017 - 2030)
© 2024 Created by PH the vintage.
Powered by
You need to be a member of On Feet Nation to add comments!
Join On Feet Nation