PUNE, India, May 15, 2017 /PRNewswire/ --
According to a new market research report "Cloud Managed Services Market by Service Type (Managed Infrastructure, Managed Network, Managed Security, Managed Data Center, and Managed Mobility Services), Deployment Type, Organization Size, Industry Vertical, and Region - Global Forecast to 2022", published by MarketsandMarkets™, the Cloud Managed Services Market size is projected to grow from USD 27.15 Billion in 2017 to USD 53.78 Billion by 2022, at an expected Compound Annual Growth Rate (CAGR) of 14.6%.
Browse 85 market data tables and 61 figures spread through 147 pages and in-depth TOC on "Cloud Managed Services Market "
Early buyers will receive 10% customization on this report.
Cloud managed services are witnessing a rising demand across the globe due to the growing need of businesses to curb down operational and infrastructural costs involved in business processes. The expanding big data space has facilitated a greater demand for managed analytical services and cloud storage services.
The managed mobility services segment is expected to show higher growth rate during the forecast period
The managed mobility services segment is expected to grow at a higher rate than business, network, security, and data center services in the Cloud Managed Services Market from 2017 to 2022, due to the growing trends in the adoption of Bring Your Own Device (BYOD). The use of personal devices is growing among organization appealing enhanced efficiency in business operations. This has pushed the prospects of managed mobility services across diverse industry verticals for enhanced productivity, assuring data security and privacy.
Ask for PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=195317068
Banking, Financial Service, and Insurance (BFSI) segment is expected to contribute maximum market share
The BFSI segment is expected to contribute to the largest market share in the Cloud Managed Services Market in 2017. The healthcare segment is expected to grow at a rapid rate from 2017 to 2022 in the Cloud Managed Services Market. Greater focus on core competencies, reduction in risks, improved cost reduction, customer relations, and improved regulatory compliance are some of the major factors driving cloud managed services in the BFSI sector.
Rapid adoption of cloud managed services due to a strong and well-established economy makes North America the largest market in terms of global share
North America is expected to hold the largest market share and dominate the Cloud Managed Services Market from 2017 to 2022, due to the presence of a large customer pool headquartered in the US. The region also has a high concentration of managed service providers in the US and Canada. Asia Pacific (APAC) offers potential growth opportunities, as the region is witnessing a rise in technology penetration and larger investments in managed services as the growth in various industrial sectors continue to stir the market during the forecast period.
The major service providers in the Cloud Managed Services Market include Accenture plc (Republic of Ireland), Alcatel-Lucent S.A. (Finland), Cisco Systems, Inc. (US), IBM Corporation (US), Ericsson (Sweden), Fujitsu Ltd. (Japan), Huawei Technologies (China), NEC Corporation (Japan), and NTT Data Corporation (Japan).
Inquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=195317068
Browse Related Reports
Managed Services Market by Data Center (Hosting, Colocation, and Storage), Infrastructure (Print Services, Desktop, Inventory), Networking (Remote Monitoring, MPLS, VPNS), Information, Mobility, Communications, and Security - Global Forecast to 2021
Managed Security Services Market by Managed Services (Firewall, (IDS/IPS), Vulnerability Management, UTM, DDOS, Compliance Management, SIEM, Antivirus/Antimalware and Others), Deployment Type, Organization Size, Vertical, and Region - Global Forecast To 2021
Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets