Cloud Managed Services Market Is Projected To Increase At A CAGR Of...

Cloud Managed Services Market Is Projected To Increase At A CAGR Of Around 9.6% By 2032

Posted 2024-02-12 09:41:37

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The Cloud Managed Services Industry sales study offers a comprehensive analysis on diverse features including production capacities, Cloud Managed Services demand, product developments, sales revenue generation and Cloud Managed Services market outlook across the globe.

market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Cloud Managed Services market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes and share and size of various end-use segments

Global sales of cloud managed services in 2021 was held at US$ 86.1 Bn. With 9.6%, the projected market growth during 2022 - 2032 is expected to be significantly higher than the historical growth. Managed Network Services are expected to be the highest revenue generating cloud managed services type, with a projected growth of 9.1% during 2022 – 2032.

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https://www.factmr.com/connectus/sample?flag=S&rep_id=7198

The readability score of the Cloud Managed Services market demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.

The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.

This Cloud Managed Services market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Cloud Managed Services along with key stakeholders as well as emerging players associated with the manufacturing of product.

The Key trends Analysis of Extended Cloud Managed Services market also provides dynamics that are responsible for influencing the future sales and demand of over the forecast period.

Key Companies Profiled

· IBM

· Ericsson

· AWS

· Cisco

· Infosys

· NTT Data

· Fujitsu

· Accenture

· HPE

· NEC

· Google

· Microsoft

· Intel

· DigitalOcean

Competitive Analysis :

The key players such as IBM, Ericsson, AWS, Cisco, and Infosys adopt several organic and inorganic strategies to enhance their revenue and market standings.

Some of the recent developments of key cloud managed services providers are as follows:

· In March, 2022, Google announced that they have launched new Tau T2D VMs, which delivers 42% better price-performance compared to leading cloud providers. It offers more flexibility to support customers’ enterprise with dual-region buckets and upcoming Turbo Replication. Google cloud is set to expand at a large scale on global network with the inclusion of 29 new regions.

· In September 2021, DigitalOcean acquired a serverless platform provider, Nimbella. It will help companies adopt serverless computing; while, DigitalOcean provides cloud services to help businesses scale themselves.

· In April, 2021, Microsoft acquired Nuance Communications, which is a leading provider of conversational AI in healthcare domain. Microsoft completed this acquisition with a valuation of US$ 19.7 Bn.

· In Oct 2020, IBM Corporation to separate its managed infrastructure services unit of its Global Technology Services division into a new public company named "NewCo".

Similarly, recent developments related to companies cloud managed services have been tracked by the team at Fact.MR, which are available in the full report.

Market Segments Covered in Cloud managed services Industry Analysis

· By Service Type :

o Managed Business Services

o Managed Network Services

o Managed Security Services

o Managed Infrastructure Services

o Managed Mobility Services

o Managed Communication and Collaboration Services

· By Vertical :

o BFSI

o Telecom

o Government and public sector