Market Overview:
The global cloud-based value-added services market is expected to grow at a CAGR of over 16% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based value-added services from various end users, such as manufacturing, ICT, healthcare, BFSI and others. Additionally, the growing trend of hybrid cloud is also contributing significantly towards the growth of this market. Based on type, the global cloud-based value-added services market can be segmented into private cloud, public cloud and hybrid cloud. Among these segments, private clouds are expected to witness highest growth during the forecast period owing to its benefits such as improved security and control over data. By application type, manufacturing is estimated to account for maximum share in terms of revenue in 2018 followed by ICT sector.
Product Definition:
Cloud-based Value-added Services are a type of service that allows customers to access and use applications or services over the Internet. These services can be used for a variety of purposes, such as storing data, accessing software applications, or communicating with others. Cloud-based Value-added Services are important because they allow customers to access information and applications from anywhere in the world and on any device. This makes them an convenient and efficient way to do business or stay connected with friends and family.
Private Cloud:
Private cloud is a type of cloud computing that offers more control and ownership to its users. It allows an organization's data to be divided into multiple private clouds, each with its own infrastructure, policies, and procedures. These can be further divided into smaller units called "private clouds" (PClouds).
Private clouds are also known as internal or hybrid clouds because they are a combination of public cloud services and organization-controlled resources hosted internally on the company's servers.
Public Cloud:
Public cloud is a group of services that are provided over the internet. It can be used by any organization, irrespective of its size or location. The major benefit offered to the consumer is cost efficiency; however, security and reliability issues may act as a challenge for market growth.
The key drivers for public cloud include increased demand from small & medium enterprises.
Application Insights:
The manufacturing sector accounted for the largest revenue share of over 30.0% in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to factors such as increasing demand for industrial automation, growing adoption of cloud services, and rising need for efficiency improvement in production processes.
The application segment includes retail, healthcare, banking & financial services industry and others. Cloud-based VAS solutions have enabled banks to offer a personalized experience by leveraging data from multiple sources (e-mails & contacts stored in Outlook/ Gmail accounts) across different applications (webmail, mobile apps) within a single window without logging into multiple systems or opening new tabs/ windows. This has led to improved productivity while working with banks that were earlier unthinkable through web interfaces only due to their complexity and lack of user interface design flexibility across various devices like tablets or smartphones running Android OS or iOS operating system on them respectively.
Regional Analysis:
The North American region dominated the global market in 2017. The growth can be attributed to the increasing adoption of cloud-based services by small and medium enterprises (SMEs) in countries, such as the U.S., Canada, and Mexico. In addition, a growing number of SMEs are adopting cloud-based solutions for various business processes including accounting, human resource management (HRM), sales & marketing (S&M), procurement & supply chain management (P&SCM), among others. This is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to emerge as one of the most lucrative regions over the next eight years owing to several factors including technological advancements; increased penetration of smartphones; rising demand for consumer electronics products and digital devices; rapid digitization; changing regulatory scenario pertaining to data privacy protection; among others (Kumar et al., 2016).
Growth Factors:
- Increased demand for cloud-based services from small and medium businesses (SMBs) due to the lower cost of ownership, scalability, and ease of use.
- Proliferation of mobile devices and BYOD policies in enterprises, which is driving the demand for cloud-based services that can be accessed from anywhere at any time.
- Rapid adoption of cloud-based services by government organizations due to the benefits such as increased efficiency, reduced costs, and improved security.
- The growing trend of outsourcing IT functions to service providers who offer cloud-based solutions as a part of their service portfolio.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cloud-based Value-added Services Market Research Report
By Type
Private Cloud, Public Cloud, Hybrid Cloud
By Application
Manufacturing, ICT, Healthcare, BFSI, Others
By Companies
Cisco Systems, Huawei, IBM, Infosys, Ericsson, CALLUP, Ethrix, Gintel, OCSBOX
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
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Cloud-based Value-added Services Market Report Segments:
The global Cloud-based Value-added Services market is segmented on the basis of:
Types
Private Cloud, Public Cloud, Hybrid Cloud
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
Manufacturing, ICT, Healthcare, BFSI, Others
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:
- Cisco Systems
- Huawei
- IBM
- Infosys
- Ericsson
- CALLUP
- Ethrix
- Gintel
- OCSBOX
Highlights of The Cloud-based Value-added Services 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:
- Private Cloud
- Public Cloud
- Hybrid Cloud
- By Application:
- Manufacturing
- ICT
- Healthcare
- BFSI
- Others
- 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 Cloud-based Value-added Services 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
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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?
Cloud-based value-added services are a type of software that allow businesses to outsource certain functions or tasks. This can include things like customer service, marketing, and data management. Cloud-based value-added services are often accessed through a web browser, and they can be used by both small businesses and large corporations.
Some of the key players operating in the cloud-based value-added services market are Cisco Systems, Huawei, IBM, Infosys, Ericsson, CALLUP, Ethrix, Gintel, OCSBOX.
The cloud-based value-added services market is expected to grow at a compound annual growth rate of 16%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cloud-based Value-added Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cloud-based Value-added Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cloud-based Value-added Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cloud-based Value-added Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cloud-based Value-added Services Market Size & Forecast, 2020-2028
4.5.1 Cloud-based Value-added Services Market Size and Y-o-Y Growth
4.5.2 Cloud-based Value-added Services Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Private Cloud
5.2.2 Public Cloud
5.2.3 Hybrid Cloud
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Manufacturing
6.2.2 ICT
6.2.3 Healthcare
6.2.4 BFSI
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cloud-based Value-added Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cloud-based Value-added Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Private Cloud
9.6.2 Public Cloud
9.6.3 Hybrid Cloud
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Manufacturing
9.10.2 ICT
9.10.3 Healthcare
9.10.4 BFSI
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Private Cloud
10.6.2 Public Cloud
10.6.3 Hybrid Cloud
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Manufacturing
10.10.2 ICT
10.10.3 Healthcare
10.10.4 BFSI
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Private Cloud
11.6.2 Public Cloud
11.6.3 Hybrid Cloud
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Manufacturing
11.10.2 ICT
11.10.3 Healthcare
11.10.4 BFSI
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Private Cloud
12.6.2 Public Cloud
12.6.3 Hybrid Cloud
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Manufacturing
12.10.2 ICT
12.10.3 Healthcare
12.10.4 BFSI
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Private Cloud
13.6.2 Public Cloud
13.6.3 Hybrid Cloud
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Manufacturing
13.10.2 ICT
13.10.3 Healthcare
13.10.4 BFSI
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cloud-based Value-added Services Market: Competitive Dashboard
14.2 Global Cloud-based Value-added Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cisco Systems
14.3.2 Huawei
14.3.3 IBM
14.3.4 Infosys
14.3.5 Ericsson
14.3.6 CALLUP
14.3.7 Ethrix
14.3.8 Gintel
14.3.9 OCSBOX
