Professional Cloud Services Market Report 2025

The professional cloud services market size has grown rapidly in recent years. It will grow from $33.84 billion in 2024 to $39.36 billion in 2025 at a compound annual growth rate (CAGR) of 16.3%. The growth in the historic period can be attributed to digital transformation initiatives, cost efficiency, globalization of businesses, increased data volumes, focus on business continuity, rise in remote work.

The professional cloud services market size is expected to see exponential growth in the next few years. It will grow to $82.76 billion in 2029 at a compound annual growth rate (CAGR) of 20.4%. The growth in the forecast period can be attributed to edge computing expansion, industry-specific solutions, focus on sustainability, enhanced data governance and privacy, increased use of containers and microservices. Major trends in the forecast period include hybrid and multi-cloud deployments, cloud migration and modernization, managed cloud services, focus on cloud security, edge computing and fog computing, serverless computing, containers and Kubernetes orchestration, quantum computing exploration.

The increasing emphasis on digital transformation initiatives is expected to drive the growth of the professional cloud services market in the coming years. Digital transformation refers to the use of digital technologies to create new business processes or modify existing ones. Professional cloud service providers support businesses by delivering strategy, technology planning, and advisory services to facilitate digital transformation and help achieve organizational objectives. Consequently, businesses' focus on digital transformation is propelling the demand for professional cloud services. For example, in February 2023, the Ministry of Electronics and Information Technology, an Indian government agency, reported that there were 8,840 crore ($1.052 billion) digital payment transactions in the financial year 2021-22, compared to 5,554 crore ($660.91 million) transactions in the previous financial year. Therefore, the growing emphasis on digital transformation initiatives is contributing to the expansion of the professional cloud services market.

The surge in demand for cloud computing is anticipated to drive the professional cloud services market. Cloud computing, facilitating the delivery of various computing services over the internet, is integral for organizations and individuals managing hardware and software infrastructure. Professional cloud services leverage cloud computing to safeguard sensitive data, mitigate cyber threats, and offer diverse business solutions. According to Google LLC's report in January 2023, there was a notable increase of 56% in public cloud usage from 2021 to 2022, with 76% of individuals using the public cloud in 2022, signifying the significant demand propelling the professional cloud services market.

Innovations in professional cloud services are emerging as a significant trend in the professional cloud services market. Major companies in this sector are concentrating on providing innovative offerings, including new leads and proposals, solutions, and integrated cloud services. For example, in December 2023, Lenovo, a China-based multinational technology company, introduced new hybrid cloud platforms and services designed to accelerate artificial intelligence (AI) capabilities. These offerings include ThinkAgile hyperconverged solutions and ThinkSystem servers, powered by the latest Intel Xeon Scalable Processors. These platforms aim to enhance performance, consolidate IT infrastructure, and reduce power consumption, ultimately simplifying the AI integration process for businesses.

Major companies within the professional cloud services arena are unveiling novel services to gain a competitive edge. Tech Mahindra's launch of Cloud BlazeTech in December 2022 exemplifies this pursuit, offering an integrated platform to drive business value for cloud-powered enterprises worldwide. Cloud BlazeTech streamlines cloud transformation journeys by integrating migration, operational models, and governance structures, supporting infrastructural transformation and facilitating a move towards a cloud-native environment.

In February 2022, IBM's acquisition of Neudesic underscores the company's strategic move to expand its hybrid multi-cloud services portfolio and advance hybrid cloud and artificial intelligence strategies. Neudesic, a software company in the professional cloud services sector, becomes a part of IBM's expansion initiative in this domain.

Major companies operating in the professional cloud services market are Amazon Web Services Inc., Cisco Systems Inc., Oracle Corporation, Microsoft Corporation, Accenture PLC, International Business Machines Corporation (IBM), Deloitte Touche Tohmatsu Limited, Ernst & Young Global Limited, PricewaterhouseCoopers International Limited, Hewlett Packard Enterprise Company, Wipro Limited, Tata Consultancy Services Limited, Capgemini SE, Fujitsu Limited, Nippon Telegraph and Telephone Data Corporation (NTT Data Corporation), Societas Europaea, SAP SE, Infosys Limited, Hindustan Computers Pvt., Cognizant Technology Solutions Corporation, DXC Technology Company, Romexsoft, SourceFuse Technologies Inc., ELEKS Software Engineering and Development Inc., Prakash Software Solutions Pvt. Ltd., Cloudreach Ltd., Cloud Technology Partners Inc., Cloud Sherpas LLC, Cloudnexa Inc., Datapipe Inc.

North America was the largest region in the professional cloud services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the professional cloud services market report during the forecast period. The regions covered in the professional cloud services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the professional cloud services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Professional cloud services encompass companies offering specialized support to assist businesses in the creation, implementation, and management of cloud systems.

The primary categories of professional cloud services include consulting, application development and modernization, implementation and migration, integration, and optimization. Consulting involves offering expert guidance or support in specific professional or technological domains. These services cater to organizations, encompassing small and medium-sized enterprises (SMEs) and large enterprises, deploying platform as a service (PaaS), software as a service (SaaS), and infrastructure as a service (IaaS) models to establish robust cloud solutions across public, private, and hybrid frameworks. Various industries such as manufacturing, healthcare, retail, IT and telecommunications, government, media and entertainment, BFSI, and other sectors utilize these services.

The professional cloud services market research report is one of a series of new reports that provides professional cloud services market statistics, including professional cloud services industry global market size, regional shares, competitors with a professional cloud services market share, detailed professional cloud services market segments, market trends and opportunities, and any further data you may need to thrive in the professional cloud services industry. This professional cloud services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The professional cloud services market includes revenues earned by entities through production IaaS, test and development IaaS, disaster recovery IaaS, customer relationship management (CRM) software, enterprise resource planning (ERP) software, and accounting software. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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