Cloud Managed Services Market Report: Trends, Forecast and Competitive Analysis to 2030

Cloud Managed Services Trends and Forecast

The future of the global cloud managed services market looks promising with opportunities in theBFSI, telecom, IT, government & public sector, healthcare & life sciences, retail & consumer goods, manufacturing, and energy & utilities markets. The global cloud managed services market is expected to reach an estimated $223.7 billion by 2030 with a CAGR of 14.0% from 2024 to 2030. The major drivers for this market are increased demand for cloud applications in various fields, heightened cloud adoption during the COVID-19 pandemic, and hyper-scaling capability and lower cloud service costs.

A more than 150-page report is developed to help in your business decisions.

Cloud Managed Services by Segment

The study includes a forecast for the global cloud managed services by service type, organization size, end use industry, and region.

Cloud Managed Services Market by Service Type [Shipment Analysis by Value from 2018 to 2030]:

• Managed Security Services
• Managed Network Services
• Managed Infrastructure Services
• Managed Communication & Collaboration Services
• Managed Mobility Services
• Managed Business Services

Cloud Managed Services Market by Organization Size [Shipment Analysis by Value from 2018 to 2030]:

• SMEs
• Large Enterprises

Cloud Managed Services Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• BFSI
• Telecom
• IT
• Government & Public Sector
• Healthcare & Life Sciences
• Retail & Consumer Goods
• Manufacturing
• Energy & Utilities
• Other Verticals

Cloud Managed Services Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Cloud Managed Services Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cloud managed services companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cloud managed services companies profiled in this report include-

• IBM
• Ericsson
• Cisco
• Fujitsu
• Accenture
• AWS
• NTT DATA
• Infosys
• HPE
• NEC

Cloud Managed Services Market Insights

Lucintel forecasts that managed communication & collaboration services is expected to witness highest growth over the forecast period.

Within this market, retail & consumer goods will remain the largest segment.

APAC is expected to witness highest growth over the forecast period.

Features of the Global Cloud Managed Services Market

Market Size Estimates: Cloud managed services market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Cloud managed services market size by service type, organization size, end use, and region in terms of value ($B).

Regional Analysis: Cloud managed services market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different service type, organization size, end use, and regions for the cloud managed services market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cloud managed services market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the cloud managed services market size?

Answer: The global cloud managed services market is expected to reach an estimated $223.7 billion by 2030.

Q.2 What is the growth forecast for cloud managed services market?

Answer: The global cloud managed services market is expected to grow with a CAGR of 14.0% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the cloud managed services market?

Answer: The major drivers for this market are increased demand for cloud applications in various fields, heightened cloud adoption during the COVID-19 pandemic, and hyper-scaling capability and lower cloud service costs.

Q4. What are the major segments for cloud managed services market?

Answer: The future of the cloud managed services market looks promising with opportunities in the BFSI, telecom, IT, government & public sector, healthcare & life sciences, retail & consumer goods, manufacturing, and energy & utilities markets.

Q5. Who are the key cloud managed services market companies?

Answer: Some of the key cloud managed services companies are as follows:

• IBM
• Ericsson
• Cisco
• Fujitsu
• Accenture
• AWS
• NTT DATA
• Infosys
• HPE
• NEC

Q6. Which cloud managed services market segment will be the largest in future?

Answer: Lucintel forecasts that managed communication & collaboration services is expected to witness highest growth over the forecast period.

Q7. In cloud managed services market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the cloud managed services market by service type (managed security services, managed network services, managed infrastructure services,managed communication & collaboration services, managed mobility services, and managed business services), organization size (SEMS and large enterprises), end use industry(BFSI, telecom, IT, government & public sector, healthcare & life sciences, retail & consumer goods, manufacturing, energy & utilities, and other verticals), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?