Cloud Managed Services Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global Cloud Managed Services Market size is projected to record a 14% CAGR from 2024 to 2032, spurred by the widening gaps and the surging adoption of cloud computing.

Organizations are actively seeking solutions to bridge gaps in their cloud infrastructure and enhance operational efficiency. Furthermore, innovations in cloud technology and service models are bolstering the capabilities of cloud managed services, particularly in areas like security, scalability, and integration. This ongoing evolution not only propels the adoption of cloud solutions but also underscores the demand for comprehensive support in the fast-paced digital realm. For example, in February 2024, Hitachi Vantara and Cisco unveiled their hybrid cloud-managed services. This partnership melds Hitachi Vantara's storage prowess with Cisco's networking acumen, paving the way for more cohesive and efficient cloud solutions.

The overall market is segregated into service, cloud, organization size, end-user, and region.

In terms of cloud, the hybrid segment in the cloud managed services market is expected to record a significant CAGR from 2024 to 2032. This surge is attributed to the escalating demand for flexible and scalable solutions. By merging private and public cloud resources, organizations adopting hybrid models can fine-tune their IT infrastructure to meet diverse needs. This strategy not only streamlines workload management but also safeguards sensitive data.

By organization size, the cloud managed services industry from the SME segment is projected to rise from 2024 to 2032. This growth is fueled by the increasing drive of SME to optimize their IT operations. Constantly on the lookout for cost-effective solutions, SME value scalability and flexibility, enabling them to concentrate on their core business. Cloud managed services cater to these needs, offering bespoke solutions that prioritize enhanced security and adept resource management.

Regionally, the Asia Pacific cloud managed services market size is projected to exhibit robust growth between 2024 and 2032, largely due to regulatory compliance demands. Organizations are on the hunt for solutions that not only meet local but also international regulations, ensuring data protection and transparency. Moreover, the continuous advancements bolster the integration of cloud managed services with regulatory frameworks, ensuring organizations reap cloud benefits while staying compliant in the region.

Product Code: 10538

Chapter 1 Methodology and Scope

1.1 Research design
- 1.1.1 Research approach
- 1.1.2 Data collection methods
1.2 Base estimates and calculations
- 1.2.1 Base year calculation
- 1.2.2 Key trends for market estimation
1.3 Forecast model
1.4 Primary research and validation
- 1.4.1 Primary sources
- 1.4.2 Data mining sources
1.5 Market definitions

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2021 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Supplier landscape
- 3.2.1 Cloud service provider
- 3.2.2 Component providers
- 3.2.3 End-user
3.3 Profit margin analysis
3.4 Technology and innovation landscape
3.5 Patent analysis
3.6 Key news and initiatives
3.7 Regulatory landscape
3.8 Impact forces
- 3.8.1 Growth drivers
  - 3.8.1.1 Increasing adoption of cloud solutions by organizations
  - 3.8.1.2 Integration of AI, machine learning, and automation in cloud services
  - 3.8.1.3 Reduction in operational costs for organizations by adopting cloud managed services
  - 3.8.1.4 Enhanced cyber resilience by cloud adoption
- 3.8.2 Industry pitfalls and challenges
  - 3.8.2.1 Navigating the complex regulatory landscape
  - 3.8.2.2 Ensuring robust security measures to protect sensitive data in the cloud
3.9 Growth potential analysis
3.10 Porter's analysis
- 3.10.1 Supplier power
- 3.10.2 Buyer power
- 3.10.3 Threat of new entrants
- 3.10.4 Threat of substitutes
- 3.10.5 Industry rivalry
3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Services 2021 - 2032 ($Bn)

5.1 Key trends
5.2 Managed infrastructure services
5.3 Managed security services
5.4 Managed network services
5.5 Managed data Center services
5.6 Managed mobility services
5.7 Others

Chapter 6 Market Estimates and Forecast, By Cloud, 2021 - 2032 ($Bn)

6.1 Key trends
6.2 Public cloud
6.3 Private cloud
6.4 Hybrid cloud

Chapter 7 Market Estimates and Forecast, By Organization Size, 2021 - 2032 ($Bn)

7.1 Key trends
7.2 SME
7.3 Large enterprises

Chapter 8 Market Estimates and Forecast, By End-user, 2021 - 2032 ($Bn)

8.1 BFSI
8.2 Healthcare
8.3 Retail
8.4 IT and Telecom
8.5 Government and Public Sector
8.6 Manufacturing
8.7 Media and Entertainment
8.8 Energy and Utilities
8.9 Transportation and Logistics
8.10 Education
8.11 Others

Chapter 9 Market Estimates and Forecast, By Region, 2021 - 2032 ($Bn)

9.1 Key trends
9.2 Mexico
9.3 North America
- 9.3.1 U.S.
- 9.3.2 Canada
9.4 Europe
- 9.4.1 UK
- 9.4.2 Germany
- 9.4.3 France
- 9.4.4 Italy
- 9.4.5 Spain
- 9.4.6 Russia
- 9.4.7 Rest of Europe
9.5 Asia Pacific
- 9.5.1 China
- 9.5.2 India
- 9.5.3 Japan
- 9.5.4 South Korea
- 9.5.5 ANZ
- 9.5.6 Southeast Asia
- 9.5.7 Rest of Asia Pacific
9.6 South America
- 9.6.1 Brazil
- 9.6.2 Argentina
- 9.6.3 Rest of Latin America
9.7 MEA
- 9.7.1 UAE
- 9.7.2 South Africa
- 9.7.3 Saudi Arabia
- 9.7.4 Rest of MEA

Chapter 10 Company Profiles

10. 1 Accenture PLC

10. 2 AT and T Inc.

10. 3 Capgemini SE

10. 4 CenturyLink, Inc.

10. 5 Cisco Systems, Inc.

10. 6 Fujitsu Limited

10. 7 HCL Technologies Limited

10. 8 Huawei Technologies Co., Ltd.

10. 9 IBM Corporation

10.10 Infosys Limited

10. 11 NTT Data Corporation

10. 12 Rackspace Technology, Inc.

10. 13 Tata Consultancy Services Limited (TCS)

10. 14 Verizon Communications Inc.

10. 15 Wipro Limited