Stratview Research has published a new report titled “Cloud Managed Services Market” which is segmented  By Type (Business Services, Network Services, Security Services, Data Center Services, Mobility Services), By Deployment (Public, Private), By End-Use (Telecom & ITES, Government (State & Local, Federal) & Education, BFSI, Retail & Consumer, Healthcare, Manufacturing & Automotive, Others) and Region.

Report Highlights

This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.

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The market is bifurcated into various segments. Below given is the segment-wise analysis -

Deployment Trends - Based on deployment, the cloud managed services market has been bifurcated into public and private. Under these, the private segment held a significant market share in 2020. The private cloud offers various benefits to enterprises which includes access control and increased data security. This model further offers the companies with benefits including cost efficiency and reliability, which further boosts the segment growth

Which Region is expected to remain the largest market?

By region, the North America market held the highest market share in 2020 and is projected to grow at a fastest CAGR in the coming years. This is ascribed to large presence of major players including such as Google, IBM, Cisco Systems, etc. with high internet penetration and a rising shift to cloud-based services from remote infrastructure, bolsters the regional market growth during the review period.

Who are the Key Players in the Market?

This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Cloud Managed Services Market:

• Ericsson Inc. (Sweden)

• Accenture plc (Ireland)

• Cisco Systems, Inc. (US)

• International Business Machines Corporation (US)

• Huawei Technologies Co., Ltd. (China)

• NEC Corporation (Japan)

• Fujitsu Limited (Japan)

• DXC Technology Company (US)

• NTT DATA Corporation (Japan)

• CenturyLink, Inc. (US)

Key questions answered by the report

-          What is the projected CAGR for revenue from the Cloud Managed Services Market during the forecast period?

-          What would be the market be valued at by 2027?

-          What is a major driving factor for growth of the market?

-          Which region accounted for largest revenue share in the Cloud Managed Services Market?

-          Which are the major market players?

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