Market Overview:
The global enterprise cloud service market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of XX%. The growth of the market can be attributed to the increasing demand for cloud-based services among small and medium enterprises (SMEs) and large enterprises. Moreover, the growing trend of Bring Your Own Device (BYOD) is also contributing to the growth of this market. However, data security concerns may restrain the growth of this market during the forecast period. Based on type, the global enterprise cloud service market can be segmented into business and network clouds. Business clouds are further classified into public and private clouds. Network clouds are further classified into managed hosting services and virtual private networks (VPNs). Based on application, the global enterprise cloud service market can be segmented into SMEs and large enterprises. SMEs accounted for a major share of this market in 2017 owing to their growing adoption of cloud-based services for various applications such as accounting & finance, human resources (HR), customer relationship management (CRM), marketing & sales, supply chain management (SCM), etc.
Product Definition:
An enterprise cloud service is a type of cloud computing service that is designed for use by large enterprises. It typically provides a higher level of security and reliability than other types of cloud services, and it may also include features that are specific to the needs of large businesses. Enterprises can use enterprise cloud services to store or access data, run applications, or host websites.
Business:
Business is a process which involves creating, managing and protecting various types of relationships between people, firms or nations for the purpose of trade. It also helps in generating and transferring money with the help of financial transactions. The basic function of business is to provide value addition to customers in order to make them prefer your product over others.
It provides services such as accounting, marketing & sales support etc.
Network:
Network is a software-defined network architecture that controls and manages virtual networks. It provides features such as traffic engineering, load balancing, fault tolerance, and application acceleration to enterprise data centers. Network helps in optimizing bandwidth consumption by reducing the latency & improving throughput between any two endpoints on a network. In addition to this, it also offers features such as security monitoring & management and service assurance for ensuring quality of service (QoS) for applications running on the cloud platform.
Application Insights:
The large enterprises segment accounted for the largest market share in 2017 and are projected to continue leading over the forecast period. The growth of this segment is attributed to factors such as increasing demand for cloud services by large enterprises, growing concerns regarding data security and compliance issues, and need for improved IT infrastructure.
The SMEs segment is expected to register a significant CAGR over the forecast period owing to increasing adoption of these services due to ease of access, cost-effectiveness, flexibility offered by these services. Furthermore, an increase in product offerings from service providers catering specifically towards SMEs will boost industry growth further. For instance; Microsoft offers Office 365 Small Business Premium offering with dedicated resources supporting smaller businesses across all stages of their development lifecycle at affordable rates which has been driving enterprise cloud service market penetration among small businesses significantly over the past few years.
Regional Analysis:
The North American region accounted for the largest revenue share in 2017. The growth can be attributed to the presence of major technology companies such as IBM, Google, Microsoft Corporation; along with a large number of SMEs that are adopting cloud services. Moreover, these companies are investing heavily in developing new technologies and have a global footprint which enables them to offer their services across multiple regions.
The Asia Pacific region is expected to witness significant growth over the forecast period owing to increasing adoption by small and medium enterprises (SMEs). These SMEs find it economical and efficient compared to traditional on-premise solutions for storing data; processing business applications; collaborating via online meetings etc., thereby driving demand within this regional segment. Furthermore, increased spending on IT infrastructure modernization is anticipated within this regional segment which will drive demand further over the next eight years.
Growth Factors:
- Increased demand for cloud-based services by small and medium businesses (SMBs) due to the lower cost and increased efficiency of using the cloud.
- The continued growth of big data and analytics, which is driving the need for more robust, scalable cloud-based solutions.
- The increasing popularity of Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS) among businesses of all sizes due to their flexibility and scalability.
- Rapid innovation in enterprise cloud technology, with new features and capabilities being released at a faster pace than ever before.
- Greater awareness among businesses about the benefits of using the cloud, resulting in more organizations moving their operations to the cloud
Scope Of The Report
Report Attributes
Report Details
Report Title
Enterprise Cloud Service Market Research Report
By Type
Business, Network
By Application
SMEs, Large Enterprises
By Companies
International Business Machines, Cisco Systems, Ericsson, Verizon Communication, Accenture, NTT Data, Huawei Technologies, Fujitsu Limited, China Huaxin, CenturyLink
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Enterprise Cloud Service Market Report Segments:
The global Enterprise Cloud Service market is segmented on the basis of:
Types
Business, Network
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
SMEs, Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- International Business Machines
- Cisco Systems
- Ericsson
- Verizon Communication
- Accenture
- NTT Data
- Huawei Technologies
- Fujitsu Limited
- China Huaxin
- CenturyLink
Highlights of The Enterprise Cloud Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Business
- Network
- By Application:
- SMEs
- Large Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Enterprise Cloud Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Enterprise Cloud Service is a managed service that helps organizations manage their cloud-based applications and services. It includes features such as application management, security, monitoring, and disaster recovery.
Some of the major players in the enterprise cloud service market are International Business Machines, Cisco Systems, Ericsson, Verizon Communication, Accenture, NTT Data, Huawei Technologies, Fujitsu Limited, China Huaxin, CenturyLink.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Enterprise Cloud Service Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Enterprise Cloud Service Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Enterprise Cloud Service Market - Supply Chain
4.5. Global Enterprise Cloud Service Market Forecast
4.5.1. Enterprise Cloud Service Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Enterprise Cloud Service Market Size (000 Units) and Y-o-Y Growth
4.5.3. Enterprise Cloud Service Market Absolute $ Opportunity
5. Global Enterprise Cloud Service Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Enterprise Cloud Service Market Size and Volume Forecast by Type
5.3.1. Business
5.3.2. Network
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Enterprise Cloud Service Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Enterprise Cloud Service Market Size and Volume Forecast by Application
6.3.1. SMEs
6.3.2. Large Enterprises
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Enterprise Cloud Service Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Enterprise Cloud Service Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Enterprise Cloud Service Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Enterprise Cloud Service Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Enterprise Cloud Service Demand Share Forecast, 2019-2026
9. North America Enterprise Cloud Service Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Enterprise Cloud Service Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Enterprise Cloud Service Market Size and Volume Forecast by Application
9.4.1. SMEs
9.4.2. Large Enterprises
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Enterprise Cloud Service Market Size and Volume Forecast by Type
9.7.1. Business
9.7.2. Network
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Enterprise Cloud Service Demand Share Forecast, 2019-2026
10. Latin America Enterprise Cloud Service Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Enterprise Cloud Service Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Enterprise Cloud Service Market Size and Volume Forecast by Application
10.4.1. SMEs
10.4.2. Large Enterprises
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Enterprise Cloud Service Market Size and Volume Forecast by Type
10.7.1. Business
10.7.2. Network
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Enterprise Cloud Service Demand Share Forecast, 2019-2026
11. Europe Enterprise Cloud Service Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Enterprise Cloud Service Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Enterprise Cloud Service Market Size and Volume Forecast by Application
11.4.1. SMEs
11.4.2. Large Enterprises
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Enterprise Cloud Service Market Size and Volume Forecast by Type
11.7.1. Business
11.7.2. Network
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Gowth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Enterprise Cloud Service Demand Share, 2019-2026
12. Asia Pacific Enterprise Cloud Service Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Enterprise Cloud Service Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Enterprise Cloud Service Market Size and Volume Forecast by Application
12.4.1. SMEs
12.4.2. Large Enterprises
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Enterprise Cloud Service Market Size and Volume Forecast by Type
12.7.1. Business
12.7.2. Network
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Enterprise Cloud Service Demand Share, 2019-2026
13. Middle East & Africa Enterprise Cloud Service Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Enterprise Cloud Service Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Enterprise Cloud Service Market Size and Volume Forecast by Application
13.4.1. SMEs
13.4.2. Large Enterprises
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Enterprise Cloud Service Market Size and Volume Forecast by Type
13.7.1. Business
13.7.2. Network
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Enterprise Cloud Service Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Enterprise Cloud Service Market: Market Share Analysis
14.2. Enterprise Cloud Service Distributors and Customers
14.3. Enterprise Cloud Service Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. International Business Machines
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cisco Systems
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ericsson
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Verizon Communication
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Accenture
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NTT Data
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Huawei Technologies
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fujitsu Limited
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. China Huaxin
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. CenturyLink
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
