Global Cloud Managed Service Market Growth (Status and Outlook) 2023-2029

Global Cloud Managed Service Market Growth (Status and Outlook) 2023-2029

Cloud Managed Services provides skilled resources that augment in-house functionalities and IT infrastructure to be managed in collaboration with a third-party managed service provider (MSP) via cloud platforms.

LPI (LP Information)' newest research report, the “Cloud Managed Service Industry Forecast” looks at past sales and reviews total world Cloud Managed Service sales in 2022, providing a comprehensive analysis by region and market sector of projected Cloud Managed Service sales for 2023 through 2029. With Cloud Managed Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cloud Managed Service industry.

This Insight Report provides a comprehensive analysis of the global Cloud Managed Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cloud Managed Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cloud Managed Service market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cloud Managed Service and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cloud Managed Service.

The global Cloud Managed Service market size is projected to grow from US$ 29480 million in 2022 to US$ 52560 million in 2029; it is expected to grow at a CAGR of 8.6% from 2023 to 2029.

United States market for Cloud Managed Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Cloud Managed Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Cloud Managed Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Cloud Managed Service players cover Cisco, Ericsson, IBM, NTT Data, Huwaei, Accenture, Alcatel-Lucent, Fujitsu and DXC, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Cloud Managed Service market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Managed Infrastructure
Managed Network
Managed Security
Managed Data Center
Managed Mobility Services

Segmentation by application
BFSI
Telecom and IT
Government
Healthcare
Retail
Manufacturing
Energy and Utilities

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cisco
Ericsson
IBM
NTT Data
Huwaei
Accenture
Alcatel-Lucent
Fujitsu
DXC
NEC
Centurylink
Civica

Please note: The report will take approximately 2 business days to prepare and deliver.