Cloud-based Value-added Service Market by Type (Advanced IPS Services, Basic Value-Added Services, Hybrid Cloud VPN Integration Service), Function (Data Isolation & Immutability, Data Portability & Disaster Recovery, Optimal Storage Utilization), Applicat

Cloud-based Value-added Service Market by Type (Advanced IPS Services, Basic Value-Added Services, Hybrid Cloud VPN Integration Service), Function (Data Isolation & Immutability, Data Portability & Disaster Recovery, Optimal Storage Utilization), Applicat

The Cloud-based Value-added Service Market size was estimated at USD 379.39 billion in 2023 and expected to reach USD 437.63 billion in 2024, at a CAGR 16.10% to reach USD 1,079.11 billion by 2030.

A cloud-based value-added service (VAS) refers to supplemental services provided over the internet that add value to the primary services available through cloud computing. These services often enhance the basic offerings with additional features or capabilities to improve the user experience, efficiency, and effectiveness of cloud computing services. With digital transformation accelerating, the market for these services is poised for significant growth, driven by the need for scalable, cost-efficient IT infrastructure and the adoption of across-the-board mobile and IoT technologies. Emerging innovations such as AI, blockchain, and edge computing present new avenues for service enhancement, promising more personalized, secure, and efficient solutions. However, data security, regulatory compliance, and the demands of technological investment pose hurdles to growth. Nevertheless, future research and innovation efforts focus on developing robust cybersecurity measures, leveraging AI for customization, improving service integration, and pursuing eco-friendly computing practices to address market needs and environmental concerns.

Regional Insights

In the Americas, cloud-based solutions have a high adoption rate due to the pervasive presence of technology in everyday life and strong corporate sectors actively seeking efficiency improvements and cost reductions. The United States is at the forefront of innovation, with numerous patents filed annually across cloud computing technologies and services. Businesses focus on delivering personalized, scalable solutions to cater to a broad customer base, ranging from small enterprises to global corporations. The EU countries exhibit strong growth in cloud services, driven by data protection laws such as GDPR, which has encouraged secure and compliant cloud solutions. Investment in cloud infrastructure is robust, supported by private and governmental initiatives, particularly in economies such as Germany, France, and the UK. In contrast, the Middle East and Africa are experiencing rapid digital transformation, with cloud services being a key growth area. Efforts to enhance digital infrastructure and promote smart cities are underway, offering significant opportunities for cloud service providers. The Asia-Pacific region represents a dynamic and fast-growing market for cloud-based value-added services due to substantial investments in local cloud service platforms and a strong focus on technological innovation. Initiatives to improve internet accessibility and digital literacy are contributing to the cloud market expansion in this region.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Cloud-based Value-added Service Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

Initiatives to improve internet accessibility and digital literacy
Proliferation of smart devices and the advent of 5G technology

Market Restraints

Concerns regarding data security and privacy in the cloud environment

Market Opportunities

Substantial investments in local cloud service platforms
Emerging technological innovations in cloud-based value-added services

Market Challenges

Complexity involved in integrating VAS with existing cloud services and infrastructure

Market Segmentation Analysis

Type: Significant usage of advanced IPS services to detect and prevent attacks in real-time
Application: Emerging utilization of cloud-based value-added service across the BFSI sector

Market Disruption Analysis

Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Cloud-based Value-added Service Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment 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, namely 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 assessment of the current state of vendors in the Cloud-based Value-added Service Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. 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 these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Atos Cloud Computing Renews Its Value-Added Telecommunication Services licenses in China

Atos renewed its Value-Added Telecommunication Services Licenses in China, marking a significant milestone as the first foreign-funded company authorized to offer nationwide data centre and cloud computing services. This strategic advancement underscores Atos's unwavering commitment to providing cutting-edge cloud-based solutions and reinforces its pivotal role in the digital transformation landscape within China. By obtaining these licenses, Atos enhances its operational capabilities and reaffirms its dedication to delivering superior value-added services, streamlining cloud adoption, and driving innovation for businesses across the country.

Inedys Chooses HPE GreenLake to Power Its Cloud Services Offerings

iNEDYS selected HPE GreenLake to propel its cloud services offerings forward. This collaboration is set to redefine the landscape of cloud-based value-added services, enabling iNEDYS to offer a suite of innovative, customizable solutions to its clientele. Through this partnership, HPE GreenLake's cloud experience is poised to bring about a transformation, providing agile, flexible, and scalable solutions that cater to the evolving needs of businesses in today's fast-paced digital environment.

Tech Data Launches Cloud Services In Australia Designed to Offer a Comprehensive Suite of Value-Added Services

Tech Data unveiled its cloud services offering in Australia. This innovative initiative is designed to offer a comprehensive suite of value-added services, thereby enabling businesses to harness the full potential of cloud technology. By focusing on delivering tailored solutions that meet the diverse needs of its clients, Tech Data is poised to transform the cloud services landscape.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Cloud-based Value-added Service Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Cloud-based Value-added Service Market, highlighting leading vendors and their innovative profiles. These include Adobe Inc., Alibaba Group, ALSO Holding AG, Amazon Web Services, Inc., Asana, Inc., Atlassian Pty. Ltd., Chief Telecom Inc., Cisco Systems, Inc., Dropbox, Inc., Ericsson Group, Freshworks Inc., Gintel AS, Huawei Cloud Computing Technologies Co., Ltd., HubSpot, Inc., Infosys Limited, International Business Machines Corporation, Intuit Inc., Microsoft Corporation, Okta, Inc., Oracle Corporation, Rackspace Technology Global, Inc., RingCentral, Inc., Salesforce, Inc., SAP SE, and Zoho Corporation.

Market Segmentation & Coverage

This research report categorizes the Cloud-based Value-added Service Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
Advanced IPS Services
Basic Value-Added Services
Hybrid Cloud VPN Integration Service
Internet Traffic Monitoring and Management Services
Function
Data Isolation & Immutability
Data Portability & Disaster Recovery
Optimal Storage Utilization
Application
BFSI
Healthcare
ICT
Manufacturing
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

Please Note: PDF & Excel + Online Access - 1 Year