Global AWS Managed Services Market to Reach $5 Billion by 2030
The global market for AWS Managed Services estimated at US$2.1 Billion in the year 2023, is expected to reach US$5 Billion by 2030, growing at a CAGR of 13.4% over the analysis period 2023-2030. Operations Services, one of the segments analyzed in the report, is expected to record a 12.3% CAGR and reach US$2.4 Billion by the end of the analysis period. Growth in the Cloud Migration Services segment is estimated at 13.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $618.7 Million, While China is Forecast to Grow at 12.5% CAGR
The AWS Managed Services market in the U.S. is estimated at US$618.7 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$853.6 Million by the year 2030 trailing a CAGR of 12.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.1% and 11.5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 9.6% CAGR.
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