Global Cloud Managed Services Market Analysis & Trends - Industry Forecast to 2030
Cloud Managed Services: Market Size
From $132.51 billion in 2024, the global Cloud Managed Services market is projected to reach $292.38 billion by 2030. Based on our analysis the market is expected to grow at a CAGR of 14.1% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include increasing adoption of cloud-based technology, growing acceptance of novel technologies, and rising demand from small and medium enterprises.
Global Cloud Managed Services Market: Market Dynamics
The cloud managed services market is driven by the factors such as growing adoption of big data and analytics, increasing adoption of proactive approach to maintenance, and rising IT spending of companies. The maintenance of IT systems is crucial for business continuity. This calls for the Managed Service Providers (MSPs), which can proactively solve any issues occurring in IT systems.
On the other hand, the concerns regarding data security and privacy are likely to obstruct the profit boundaries. In addition, growth in anything-as-a-service technologies will further boost for the Cloud Managed Services market.
Impact of COVID-19 on Cloud Managed Services
The COVID-19 pandemic has directly impacted production and demand, disrupted supply chains and marketplaces, and had a financial impact on businesses. Due to the COVID-19 pandemic, the adoption of cloud, AI, and big data has increased. Many companies have made new policies and regulations on remote working.
By End User
Retail and Consumer Goods Segment Dominate the Market in 2024
The retail and consumer goods segment made huge revenue in 2024 and growing its prominence during the forecast period. The retail sector is one of the fastest-growing verticals due to the rising consumer purchasing power; thus, the vertical is attracting major companies around the world.
By Geography
Asia Pacific Region is Leading in the Global Market Place
Asia Pacific region is likely to have a huge demand in the forecast period owing to the improving economic and technological advancements. Companies in the region are rapidly outsourcing their IT functions, which has increased the demand for cloud and managed services models.
List of the Key Players Profiled in the Market Include:
• TCS
• Wipro
• Cisco
• IBM
• Accenture
• Ericsson
• Infosys
• AWS
• NTT Data
• Huawei
• Alcatel-Lucent
• Fujitsu
• HPE
• Datacom
• Rackspace
List of the Regions/Countries Profiled in the Market Include:
North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others
- 1 Market Outline
- 1.1 Definition
- 1.2 Market Segmentation & Scope
- 1.3 Market Trends
- 1.4 Regulatory Factors
- 1.5 End User Analysis
- 1.6 Strategic Benchmarking
- 1.7 Opportunity Analysis
- 2 Executive Summary
- 3 Research Methodology and Data Source
- 3.1 Methodology/Research Approach
- 3.1.1 Research Programs/Design
- 3.1.2 Market Size Estimation
- 3.2 Data Source and Assumptions
- 3.2.1 Purchased Database
- 3.2.2 Company Repository
- 3.2.3 Secondary Sources
- 3.2.4 Primary Research
- 3.2.5 List of Assumptions
- 4 Market Overview
- 4.1 Current Trends
- 4.1.1 Increasing Adoption of Cloud-based Technology
- 4.1.2 Growing Acceptance of Novel Technologies
- 4.1.3 Rising Demand from Small and Medium Enterprises
- 4.1.4 Growth Opportunities/Investment Opportunities
- 4.2 Drivers
- 4.3 Constraints
- 4.4 Impact of COVID-19
- 5 Market Factor Analysis
- 5.1 Porters Five Forces
- 5.1.1 Bargaining power of suppliers
- 5.1.2 Bargaining power of buyers
- 5.1.3 Threat of substitutes
- 5.1.4 Threat of new entrants
- 5.1.5 Competitive rivalry
- 5.2 Value Chain Analysis/Supply Chain Analysis
- 6 Consumer behaviour analysis/Consumer Research
- 6.1 Consumer trends and preferences
- 6.2 Factors affecting buying decision
- 6.3 Consumer product adoption
- 6.4 Observation & Recommendations
- 7 Cloud Managed Services Market, By Deployment
- 7.1 On-Premise
- DATA TABLE On-Premise Market Forecast to 2030 (US$ MN)
- 7.2 Public Cloud
- DATA TABLE Public Cloud Market Forecast to 2030 (US$ MN)
- 7.3 Private Cloud
- DATA TABLE Private Cloud Market Forecast to 2030 (US$ MN)
- 8 Cloud Managed Services Market, By Organization Size
- 8.1 Small and Medium-Sized Enterprises (SMEs)
- DATA TABLE Small and Medium-Sized Enterprises (SMEs) Market Forecast to 2030 (US$ MN)
- 8.2 Large Enterprises
- DATA TABLE Large Enterprises Market Forecast to 2030 (US$ MN)
- 9 Cloud Managed Services Market, By Service Type
- 9.1 Managed Network Services
- DATA TABLE Managed Network Services Market Forecast to 2030 (US$ MN)
- 9.1.1 Virtual Private Network
- DATA TABLE Virtual Private Network Market Forecast to 2030 (US$ MN)
- 9.1.2 Network Monitoring & Maintenance Services
- DATA TABLE Network Monitoring & Maintenance Services Market Forecast to 2030 (US$ MN)
- 9.1.3 Managed Network Provisioning
- DATA TABLE Managed Network Provisioning Market Forecast to 2030 (US$ MN)
- 9.1.4 Managed Network Monitoring and Management
- DATA TABLE Managed Network Monitoring and Management Market Forecast to 2030 (US$ MN)
- 9.2 Managed Security Services
- DATA TABLE Managed Security Services Market Forecast to 2030 (US$ MN)
- 9.2.1 Vulnerability Management Services
- DATA TABLE Vulnerability Management Services Market Forecast to 2030 (US$ MN)
- 9.2.2 Managed Identity And Access Management
- DATA TABLE Managed Identity And Access Management Market Forecast to 2030 (US$ MN)
- 9.2.3 Threat Management Services
- DATA TABLE Threat Management Services Market Forecast to 2030 (US$ MN)
- 9.2.4 Managed Firewall
- DATA TABLE Managed Firewall Market Forecast to 2030 (US$ MN)
- 9.2.5 Managed Data Loss Prevention
- DATA TABLE Managed Data Loss Prevention Market Forecast to 2030 (US$ MN)
- 9.2.6 Managed Risk and Compliance Management
- DATA TABLE Managed Risk and Compliance Management Market Forecast to 2030 (US$ MN)
- 9.2.7 Managed Antivirus/Anti-Malware
- DATA TABLE Managed Antivirus/Anti-Malware Market Forecast to 2030 (US$ MN)
- 9.2.8 Incident Management Services
- DATA TABLE Incident Management Services Market Forecast to 2030 (US$ MN)
- 9.2.9 Managed Intrusion Detection System/ Intrusion Prevention System
- DATA TABLE Managed Intrusion Detection System/ Intrusion Prevention System Market Forecast to 2030 (US$ MN)
- 9.2.10 Managed Security Information and Event Management
- DATA TABLE Managed Security Information and Event Management Market Forecast to 2030 (US$ MN)
- 9.3 Managed Infrastructure Services
- DATA TABLE Managed Infrastructure Services Market Forecast to 2030 (US$ MN)
- 9.3.1 Managed Desktop Services
- DATA TABLE Managed Desktop Services Market Forecast to 2030 (US$ MN)
- 9.3.2 Storage Management
- DATA TABLE Storage Management Market Forecast to 2030 (US$ MN)
- 9.3.3 Managed Backup & Recovery Services
- DATA TABLE Managed Backup & Recovery Services Market Forecast to 2030 (US$ MN)
- 9.3.4 Server Management
- DATA TABLE Server Management Market Forecast to 2030 (US$ MN)
- 9.3.5 Managed Print Services
- DATA TABLE Managed Print Services Market Forecast to 2030 (US$ MN)
- 9.4 Managed Mobility Services
- DATA TABLE Managed Mobility Services Market Forecast to 2030 (US$ MN)
- 9.4.1 Application Management Services
- DATA TABLE Application Management Services Market Forecast to 2030 (US$ MN)
- 9.4.2 Device Management Services
- DATA TABLE Device Management Services Market Forecast to 2030 (US$ MN)
- 9.5 Managed Data Center Services
- DATA TABLE Managed Data Center Services Market Forecast to 2030 (US$ MN)
- 9.5.1 Storage Services
- DATA TABLE Storage Services Market Forecast to 2030 (US$ MN)
- 9.5.2 Hosting Services
- DATA TABLE Hosting Services Market Forecast to 2030 (US$ MN)
- 9.6 Managed Communication & Collaboration Services
- DATA TABLE Managed Communication & Collaboration Services Market Forecast to 2030 (US$ MN)
- 9.6.1 Unified Communications Services
- DATA TABLE Unified Communications Services Market Forecast to 2030 (US$ MN)
- 9.6.2 Managed Voice Over Internet Protocol
- DATA TABLE Managed Voice Over Internet Protocol Market Forecast to 2030 (US$ MN)
- 9.6.3 Email Communications Services
- DATA TABLE Email Communications Services Market Forecast to 2030 (US$ MN)
- 9.7 Managed Business Services
- DATA TABLE Managed Business Services Market Forecast to 2030 (US$ MN)
- 9.7.1 Continuity and Disaster Recovery Services
- DATA TABLE Continuity and Disaster Recovery Services Market Forecast to 2030 (US$ MN)
- 9.7.2 Business Process Services
- DATA TABLE Business Process Services Market Forecast to 2030 (US$ MN)
- 10 Cloud Managed Services Market, By End User
- 10.1 Aerospace and Defense
- DATA TABLE Aerospace and Defense Market Forecast to 2030 (US$ MN)
- 10.2 Banking, Financial Services and Insurance (BFSI)
- DATA TABLE Banking, Financial Services and Insurance (BFSI) Market Forecast to 2030 (US$ MN)
- 10.3 Government and Public Sector
- DATA TABLE Government and Public Sector Market Forecast to 2030 (US$ MN)
- 10.4 Information Technology (IT) & Telecom
- DATA TABLE Information Technology (IT) & Telecom Market Forecast to 2030 (US$ MN)
- 10.5 Healthcare and Lifesciences
- DATA TABLE Healthcare and Lifesciences Market Forecast to 2030 (US$ MN)
- 10.6 Manufacturing & Automotive
- DATA TABLE Manufacturing & Automotive Market Forecast to 2030 (US$ MN)
- 10.7 Energy and Utilities
- DATA TABLE Energy and Utilities Market Forecast to 2030 (US$ MN)
- 10.8 Retail and Consumer Goods
- DATA TABLE Retail and Consumer Goods Market Forecast to 2030 (US$ MN)
- 10.9 Other End Users
- DATA TABLE Other End Users Market Forecast to 2030 (US$ MN)
- 10.9.1 Food & Beverages
- DATA TABLE Food & Beverages Market Forecast to 2030 (US$ MN)
- 10.9.2 Travel and Hospitality
- DATA TABLE Travel and Hospitality Market Forecast to 2030 (US$ MN)
- 10.9.3 Transportation
- DATA TABLE Transportation Market Forecast to 2030 (US$ MN)
- 10.9.4 Oil & Gas
- DATA TABLE Oil & Gas Market Forecast to 2030 (US$ MN)
- 10.9.5 Education
- DATA TABLE Education Market Forecast to 2030 (US$ MN)
- 10.9.6 Real Estate
- DATA TABLE Real Estate Market Forecast to 2030 (US$ MN)
- 10.9.7 Media
- DATA TABLE Media Market Forecast to 2030 (US$ MN)
- 11 Cloud Managed Services Market, By Geography
- 11.1 North America
- DATA TABLE North America Market Forecast by Countries to 2030 (US$ MN)
- 11.1.1 US
- 11.1.2 Canada
- 11.1.3 Mexico
- 11.2 Europe
- DATA TABLE Europe Market Forecast by Countries to 2030 (US$ MN)
- 11.2.1 Germany
- 11.2.2 U.K
- 11.2.3 Italy
- 11.2.4 France
- 11.2.5 Spain
- 11.2.6 Rest of Europe
- 11.3 Asia Pacific
- DATA TABLE Asia Pacific Market Forecast by Countries to 2030 (US$ MN)
- 11.3.1 China
- 11.3.2 Japan
- 11.3.3 India
- 11.3.4 Australia
- 11.3.5 New Zealand
- 11.3.6 Rest of Asia Pacific
- 11.4 Middle East
- DATA TABLE Middle East Market Forecast by Countries to 2030 (US$ MN)
- 11.4.1 Saudi Arabia
- 11.4.2 UAE
- 11.4.3 Rest of Middle East
- 11.5 Latin America
- DATA TABLE Latin America Market Forecast by Countries to 2030 (US$ MN)
- 11.5.1 Argentina
- 11.5.2 Brazil
- 11.5.3 Rest of Latin America
- 11.6 Rest of the World (RoW)
- DATA TABLE Rest of the World (RoW) Market Forecast by Countries to 2030 (US$ MN)
- 11.6.1 South Africa
- 11.6.2 Others
- 12 Key Player Activities
- 12.1 Acquisitions & Mergers
- 12.2 Agreements, Partnerships, Collaborations and Joint Ventures
- 12.3 Product Launch & Expansions
- 12.4 Other Activities
- 13 Leading Companies
- 13.1 TCS
- 13.2 Wipro
- 13.3 Cisco
- 13.4 IBM
- 13.5 Accenture
- 13.6 Ericsson
- 13.7 Infosys
- 13.8 AWS
- 13.9 NTT Data
- 13.10 Huawei
- 13.11 Alcatel-Lucent
- 13.12 Fujitsu
- 13.13 HPE
- 13.14 Datacom
- 13.15 Rackspace
- List of Tables
- Table 1 Global Cloud Managed Services Market By Region, Market Forecast (2022-2030) (US $MN)
- Table 2 Global Cloud Managed Services Market By Deployment, Market Forecast (2022-2030) (US $MN)
- Table 3 Global Cloud Managed Services Market By On-Premise, Market Forecast (2022-2030) (US $MN)
- Table 4 Global Cloud Managed Services Market By Public Cloud, Market Forecast (2022-2030) (US $MN)
- Table 5 Global Cloud Managed Services Market By Private Cloud, Market Forecast (2022-2030) (US $MN)
- Table 6 Global Cloud Managed Services Market By Organization Size, Market Forecast (2022-2030) (US $MN)
- Table 7 Global Cloud Managed Services Market By Small and Medium-Sized Enterprises (SMEs), Market Forecast (2022-2030) (US $MN)
- Table 8 Global Cloud Managed Services Market By Large Enterprises, Market Forecast (2022-2030) (US $MN)
- Table 9 Global Cloud Managed Services Market By Service Type, Market Forecast (2022-2030) (US $MN)
- Table 10 Global Cloud Managed Services Market By Managed Network Services, Market Forecast (2022-2030) (US $MN)
- Table 11 Global Cloud Managed Services Market By Virtual Private Network, Market Forecast (2022-2030) (US $MN)
- Table 12 Global Cloud Managed Services Market By Network Monitoring & Maintenance Services, Market Forecast (2022-2030) (US $MN)
- Table 13 Global Cloud Managed Services Market By Managed Network Provisioning, Market Forecast (2022-2030) (US $MN)
- Table 14 Global Cloud Managed Services Market By Managed Network Monitoring and Management, Market Forecast (2022-2030) (US $MN)
- Table 15 Global Cloud Managed Services Market By Managed Security Services, Market Forecast (2022-2030) (US $MN)
- Table 16 Global Cloud Managed Services Market By Vulnerability Management Services, Market Forecast (2022-2030) (US $MN)
- Table 17 Global Cloud Managed Services Market By Managed Identity And Access Management, Market Forecast (2022-2030) (US $MN)
- Table 18 Global Cloud Managed Services Market By Threat Management Services, Market Forecast (2022-2030) (US $MN)
- Table 19 Global Cloud Managed Services Market By Managed Firewall, Market Forecast (2022-2030) (US $MN)
- Table 20 Global Cloud Managed Services Market By Managed Data Loss Prevention, Market Forecast (2022-2030) (US $MN)
- Table 21 Global Cloud Managed Services Market By Managed Risk and Compliance Management, Market Forecast (2022-2030) (US $MN)
- Table 22 Global Cloud Managed Services Market By Managed Antivirus/Anti-Malware, Market Forecast (2022-2030) (US $MN)
- Table 23 Global Cloud Managed Services Market By Incident Management Services, Market Forecast (2022-2030) (US $MN)
- Table 24 Global Cloud Managed Services Market By Managed Intrusion Detection System/ Intrusion Prevention System, Market Forecast (2022-2030) (US $MN)
- Table 25 Global Cloud Managed Services Market By Managed Security Information and Event Management, Market Forecast (2022-2030) (US $MN)
- Table 26 Global Cloud Managed Services Market By Managed Infrastructure Services, Market Forecast (2022-2030) (US $MN)
- Table 27 Global Cloud Managed Services Market By Managed Desktop Services, Market Forecast (2022-2030) (US $MN)
- Table 28 Global Cloud Managed Services Market By Storage Management, Market Forecast (2022-2030) (US $MN)
- Table 29 Global Cloud Managed Services Market By Managed Backup & Recovery Services, Market Forecast (2022-2030) (US $MN)
- Table 30 Global Cloud Managed Services Market By Server Management, Market Forecast (2022-2030) (US $MN)
- Table 31 Global Cloud Managed Services Market By Managed Print Services, Market Forecast (2022-2030) (US $MN)
- Table 32 Global Cloud Managed Services Market By Managed Mobility Services, Market Forecast (2022-2030) (US $MN)
- Table 33 Global Cloud Managed Services Market By Application Management Services, Market Forecast (2022-2030) (US $MN)
- Table 34 Global Cloud Managed Services Market By Device Management Services, Market Forecast (2022-2030) (US $MN)
- Table 35 Global Cloud Managed Services Market By Managed Data Center Services, Market Forecast (2022-2030) (US $MN)
- Table 36 Global Cloud Managed Services Market By Storage Services, Market Forecast (2022-2030) (US $MN)
- Table 37 Global Cloud Managed Services Market By Hosting Services, Market Forecast (2022-2030) (US $MN)
- Table 38 Global Cloud Managed Services Market By Managed Communication & Collaboration Services, Market Forecast (2022-2030) (US $MN)
- Table 39 Global Cloud Managed Services Market By Unified Communications Services, Market Forecast (2022-2030) (US $MN)
- Table 40 Global Cloud Managed Services Market By Managed Voice Over Internet Protocol, Market Forecast (2022-2030) (US $MN)
- Table 41 Global Cloud Managed Services Market By Email Communications Services, Market Forecast (2022-2030) (US $MN)
- Table 42 Global Cloud Managed Services Market By Managed Business Services, Market Forecast (2022-2030) (US $MN)
- Table 43 Global Cloud Managed Services Market By Continuity and Disaster Recovery Services, Market Forecast (2022-2030) (US $MN)
- Table 44 Global Cloud Managed Services Market By Business Process Services, Market Forecast (2022-2030) (US $MN)
- Table 45 Global Cloud Managed Services Market By End User, Market Forecast (2022-2030) (US $MN)
- Table 46 Global Cloud Managed Services Market By Aerospace and Defense, Market Forecast (2022-2030) (US $MN)
- Table 47 Global Cloud Managed Services Market By Banking, Financial Services and Insurance (BFSI), Market Forecast (2022-2030) (US $MN)
- Table 48 Global Cloud Managed Services Market By Government and Public Sector, Market Forecast (2022-2030) (US $MN)
- Table 49 Global Cloud Managed Services Market By Information Technology (IT) & Telecom, Market Forecast (2022-2030) (US $MN)
- Table 50 Global Cloud Managed Services Market By Healthcare and Lifesciences, Market Forecast (2022-2030) (US $MN)
- Table 51 Global Cloud Managed Services Market By Manufacturing & Automotive, Market Forecast (2022-2030) (US $MN)
- Table 52 Global Cloud Managed Services Market By Energy and Utilities, Market Forecast (2022-2030) (US $MN)
- Table 53 Global Cloud Managed Services Market By Retail and Consumer Goods, Market Forecast (2022-2030) (US $MN)
- Table 54 Global Cloud Managed Services Market By Other End Users, Market Forecast (2022-2030) (US $MN)
- Table 55 Global Cloud Managed Services Market By Food & Beverages, Market Forecast (2022-2030) (US $MN)
- Table 56 Global Cloud Managed Services Market By Travel and Hospitality, Market Forecast (2022-2030) (US $MN)
- Table 57 Global Cloud Managed Services Market By Transportation, Market Forecast (2022-2030) (US $MN)
- Table 58 Global Cloud Managed Services Market By Oil & Gas, Market Forecast (2022-2030) (US $MN)
- Table 59 Global Cloud Managed Services Market By Education, Market Forecast (2022-2030) (US $MN)
- Table 60 Global Cloud Managed Services Market By Real Estate, Market Forecast (2022-2030) (US $MN)
- Table 61 Global Cloud Managed Services Market By Media, Market Forecast (2022-2030) (US $MN)
- NOTE: Tables for North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the World are represented in the same manner above.
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