The cloud managed services market is expected to grow at a CAGR of 9.79%, reaching a market size of US$254.578 billion in 2030 from US$159.788 billion in 2025.
Cloud-managed services comprise an ecosystem of services such as 24/7 help desk support, operation management, engineering on demand, and hosting managed by third-party organizations. These services also include managed network operations, security operations, applications, and mobility.
Cloud-managed services establish a structural framework that plays an important role in preventing unauthorized data access, thereby reducing the risk of data theft against any organization. With the growing global cases of data breaches and cyber-attacks, the demand for cloud managed services is estimated to move forward.
For instance, IT Governance UK, in its report, stated that in April 2024, the globe witnessed about 5.336 billion records breached. The total number of records breached grew significantly from March 2024, when 299.368 million records were breached. The report further stated that the IT services and software industry witnessed the majority of cases, with about 5.24 billion records breached, followed by 18.301 million in the manufacturing industry and about 15.280 million in the insurance industry.
Increased demand for performance and reliability will boost service demand, allowing businesses to move data between their operations by providing custom-made solutions to the services available. Companies are more focused on lowering IT expenses, fueling future demand. For instance, pay-as-you-go enables companies to use services until they want, and no payment is made in advance. Such a method saves a lot of capital for companies, as payment is only made for the resources used.
During the projection period, the APAC region is expected to see substantial expansion fuelled by the increased investment in cloud computing and favourable initiatives to digitize the economy, such as 'Industry 4.0'. Moreover, due to the increased acceptance of cloud-managed services by small and medium-sized organizations, it is likely to drive market expansion. Asia-Pacific is anticipated to witness the fastest region over the forecast period.
Additionally, the growing strength of SMEs, which account for a major portion of the employed workforce in major APAC economies, namely India and China, has bolstered the requirement for appropriate IT infrastructure to provide 24/7 desktop support. This has provided a wider scope for cloud-managed services in the region.
Cloud-managed services comprise an ecosystem of services such as 24/7 help desk support, operation management, engineering on demand, and hosting managed by third-party organizations. These services also include managed network operations, security operations, applications, and mobility.
Cloud-managed services establish a structural framework that plays an important role in preventing unauthorized data access, thereby reducing the risk of data theft against any organization. With the growing global cases of data breaches and cyber-attacks, the demand for cloud managed services is estimated to move forward.
For instance, IT Governance UK, in its report, stated that in April 2024, the globe witnessed about 5.336 billion records breached. The total number of records breached grew significantly from March 2024, when 299.368 million records were breached. The report further stated that the IT services and software industry witnessed the majority of cases, with about 5.24 billion records breached, followed by 18.301 million in the manufacturing industry and about 15.280 million in the insurance industry.
Cloud managed services Market Drivers
Growing demand for improving operational efficiency drives market expansion.Increased demand for performance and reliability will boost service demand, allowing businesses to move data between their operations by providing custom-made solutions to the services available. Companies are more focused on lowering IT expenses, fueling future demand. For instance, pay-as-you-go enables companies to use services until they want, and no payment is made in advance. Such a method saves a lot of capital for companies, as payment is only made for the resources used.
Cloud managed Services Market Geographical Outlook
Asia-Pacific is witnessing exponential growth during the forecast period.During the projection period, the APAC region is expected to see substantial expansion fuelled by the increased investment in cloud computing and favourable initiatives to digitize the economy, such as 'Industry 4.0'. Moreover, due to the increased acceptance of cloud-managed services by small and medium-sized organizations, it is likely to drive market expansion. Asia-Pacific is anticipated to witness the fastest region over the forecast period.
Additionally, the growing strength of SMEs, which account for a major portion of the employed workforce in major APAC economies, namely India and China, has bolstered the requirement for appropriate IT infrastructure to provide 24/7 desktop support. This has provided a wider scope for cloud-managed services in the region.
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Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive IntelligenceReport Coverage:
- Historical data & forecasts from 2022 to 2030
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
The cloud managed services market is segmented and analyzed as follows:
By Server Type
- Cloud Enablement
- Cloud Migration
- Management and Optimization
- Security and Compliance
By Enterprise Size
- Small
- Medium
- Large
By End-User Industry
- BFSI
- Healthcare
- Education
- Government
- Communication and Technology
- Others
By Geography
- North America
- South America
- Europe
- Middle East and Africa
- Asia-Pacific
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. CLOUD MANAGED SERVICES MARKET BY SERVER TYPE
6. CLOUD MANAGED SERVICES MARKET BY ENTERPRIZE SIZE
7. CLOUD MANAGED SERVICES MARKET BY END-USER INDUSTRY
8. CLOUD MANAGED SERVICES MARKET BY GEOGRAPHY
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
10. COMPANY PROFILES
Companies Mentioned
- Cisco
- IBM
- Ericsson
- NTT Data Corporation
- Accenture
- Huawei Technologies
- HP
- Fujitsu (Furukawa Group)
- NEC Corporation
- Urolime Technology
- Net Access India Ltd.
- Nomura Research Institute
- Microsoft
- Amazon
- Google Cloud
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 130 |
Published | December 2024 |
Forecast Period | 2025 - 2030 |
Estimated Market Value ( USD | $ 159.79 Billion |
Forecasted Market Value ( USD | $ 254.58 Billion |
Compound Annual Growth Rate | 9.7% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |