Cloud Managed Services Market by Service Type (Managed Business Services, Managed Communication Services, Managed Infrastructure Services), Organization Size (Large Enterprises, Small & Medium Enterprises), Vertical - Global Forecast 2024-2030

Cloud Managed Services Market by Service Type (Managed Business Services, Managed Communication Services, Managed Infrastructure Services), Organization Size (Large Enterprises, Small & Medium Enterprises), Vertical - Global Forecast 2024-2030

The Cloud Managed Services Market size was estimated at USD 107.05 billion in 2023 and expected to reach USD 118.14 billion in 2024, at a CAGR 10.58% to reach USD 216.55 billion by 2030.Cloud-managed services enable designing, building, and managing comprehensive cloud solutions by addressing the specifications of infrastructure management, service management, application service management, automation, and DevOps, cybersecurity, and risk & compliance. Increasing IT spending of organizations on deploying cloud services, along with government support for expanding cloud computing usage across small & medium-sized enterprises, are driving the need for cloud-managed services. In the past few years, users have also been integrating cloud services with AI, IoT, and other technologies, which necessitate managed services for a secure and effective utilization of the cloud. However, complexity in integrations with third-party applications and security & data privacy concerns limit the adoption of cloud-managed services. Market players are introducing customized solutions that offer scalability and seamless deployment capabilities through an integrated approach based on data security to curb the limitations. The growing interest of enterprises in anything-as-a-service technologies and enhanced focus on elevating cloud computing sustainability is expected to increase the utilization of cloud-managed services in the coming years.Regional InsightsThe Americas region portrays an advanced landscape in cloud-managed services, driven by well-established market players with significant expertise in cloud offerings working on enhancing product portfolios with investments in R&D activities. The U.S. and Canada observe a large-scale deployment of cloud services in multinational corporations and medium enterprises, with startups in the region actively partnering with these users to attain a bigger presence in the market. The European region is home to the most number of small & medium-sized enterprises across the UK, Germany, Italy, and France that have shifted to cloud technologies. With the Russia-Ukraine conflict causing cybersecurity risks across the region, business organizations largely use managed security and network services. The Asia-Pacific region is an emerging market for cloud-managed services as the region is on a gradual digital transformation, with many business enterprises shifting to remote work environments on the cloud. The region portrays a high potential for expansion for international companies, particularly across China, Japan, India, and Australia.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Cloud Managed Services Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Cloud Managed Services Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Cloud Managed Services Market, highlighting leading vendors and their innovative profiles. These include Accenture PLC, Alibaba Group, Amazon Web Services, Inc., Capgemini SE, Cisco Systems, Inc., Cloudian Inc., Cloudreach Group by Eviden, Cloudticity LLC, Cognizant Technology Solutions Corp., DXC Technology Company, Google LLC by Alphabet Inc., HashiCorp, Inc., HCL Technologies Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co., Ltd., Informatica Inc., Infosys Ltd., International Business Machines Corporation, Kyndryl Inc., Linode LLC by Akamai Technologies, Inc., Microsoft Corporation, NTT Limited, OVH SAS, Salesforce, Inc., SAP SE, ServiceNow, Tata Consultancy Services, Tencent Cloud, UpCloud Ltd., Vercel Inc., Veritis Group Inc., and Wipro Ltd..

Market Segmentation & Coverage


This research report categorizes the Cloud Managed Services Market to forecast the revenues and analyze trends in each of the following sub-markets:

Service Type
Managed Business Services
Managed Communication Services
Managed Infrastructure Services
Managed Mobility Services
Managed Network Services
Managed Security Services
Organization Size
Large Enterprises
Small & Medium Enterprises
Vertical
Banking, Financial Services & Insurance
Energy & Utilities
Government
Healthcare
Manufacturing
Retail
Telecom & IT
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Cloud Managed Services Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Cloud Managed Services Market?
3. What are the technology trends and regulatory frameworks in the Cloud Managed Services Market?
4. What is the market share of the leading vendors in the Cloud Managed Services Market?
5. Which modes and strategic moves are suitable for entering the Cloud Managed Services Market?

Note: PDF & Excel + Online Access - 1 Year