Cloud Managed Services Industry Strengths And Weaknesses Of The Key VendorsPosted by Nicky Arora on February 4th, 2020 The global Cloud Managed Services Market size is expected to reach USD 82.51 billion by 2025, according to a study conducted by Grand View Research, Inc. The focus of enterprises on primary business operations is resulting into higher cloud managed services adoption. Business services, security services, network services, data center services, and mobility services are major categories in cloud managed services market. Implementation of these services will help enterprises to reduce IT and operations costs and will also enhance productivity of those enterprises. Availability of developed IT infrastructure will drive the managed cloud services adoption in North America. The regional markets of APAC and Middle East & Africa will witness significant growth. This growth will be a result of increased cloud adoption and increase in significant investments from prominent players. The market will observe some restraints as well, such as data privacy & security, and poor connectivity. These factors are expected to hamper the market growth during the forecast period. Data security will be a major restraining factor as it will affect cloud adoption and cloud managed services market as well. It will lead service providers to focus more on including security features to acquire customers. To Request A Sample Copy: https://www.grandviewresearch.com/industry-analysis/cloud-managed-services-market/request/rs1 Further key findings from the study suggest:
Grand View Research has segmented the global cloud managed services market report based on types, cloud deployments, end-users, verticals, and regions: Type Outlook (Revenue, USD Million; 2014 - 2025)
Cloud Deployment Outlook (Revenue, USD Million; 2014 - 2025)
End-User Outlook (Revenue, USD Million; 2014 - 2025)
Vertical Outlook (Revenue, USD Million; 2014 - 2025)
About Grand View Research: Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. Grand View Research database is used by the world's renowned academic institutions and Fortune 500 compnies to understand the global and regional business environment. Our database features thousands of statistics and in-depth analysis on 46 industries in 25 major countries worldwide. Contact: Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105 United States Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@grandviewresearch.com Like it? Share it!More by this author |