Cloud Managed Services Market is expected to grow at a moderate rate during the forecast period 2019-2025. Business across the globe run on information owing to which there is a significant risk associated with security and data loss. Cloud managed services provide an efficient and secure solution for such risks. Cloud managed services enables IT infrastructure to be managed through cloud platforms in collaboration with third-party service providers. The services offered by the cloud managed solutions include managed security operations, IT life cycle management, managed network services and managed mobility and other applications. Cloud managed services enable the organizations to replace processes and functions which have high costs associated with them. Such services aid in optimizing the in-house costs, automate the business process by enabling IT procedures and transform IT systems across the IT system. Cloud managed services offer numerous advantages to the IT service providers which are expected to promote the growth of the market in the coming years.

As the demand for data management services increases, the demand of cloud managed services is expected to increase over the coming years. Moreover, adoption of cloud managed services is expected to increase in small and medium enterprises, which is expected to further promote the growth of the market in the coming years. Moreover, an investment in advanced cloud technologies and services across the globe increases so as to improve the operational efficiency across the globe, the demand of cloud managed services is expected to increase substantially over the coming years.

Geographically, the market is divided into North America, Europe, Asia-Pacific and Rest of the World. North America is expected to dominate the market owing to the presence of numerous key players in the region. Moreover, in Europe, government across various countries in the region have increased the adoption of cloud technology in various departments. This is expected to promote the growth of the market in the near future. Asia-Pacific region is expected to grow significantly owing to the presence of numerous small and medium scale enterprises which are focusing on increasing the adoption of cloud-based technology, thereby creating opportunities for the growth of the market in the near future.

There are various companies involved in cloud managed services market such as Ericsson, IBM Corporation, NTT Data Corporation, Huawei Technologies Co., Ltd., Accenture PLC among various others. The companies are focused on developing advanced cloud managed services so as to stay competitive in the market. Geographical expansion, merger & acquisition, finding a new market or innovate in their core competency in order to expand individual market share is a key strategy adopted by major market players.

Research Methodology

The market study of the global cloud managed services market is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary Sources Include

• Financial reports of companies involved in the market
• Authentic Public Databases such as the OECD, and others
• Whitepapers, research-papers and news blogs
• Company websites and their product catalog.

The report is intended for IT companies, research organizations, investment companies, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.

Market Segmentation

Global cloud managed services market is segmented on the basis of regional outlook and following segments:

• Global Cloud Managed Services Market Research and Analysis by Service Type
• Global Cloud Managed Services Market Research and Analysis by Deployment Type
• Global Cloud Managed Services Market Research and Analysis by End-User
• Global Cloud Managed Services Market Research and Analysis by Geography

The Report Covers

• Comprehensive research methodology of the global cloud managed services market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global cloud managed services market.
• Insights about market determinants which are stimulating the global cloud managed services.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.