Market Overview:
The global cloud managed service provider market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for cloud-based services and the need for improved efficiency and agility in business operations. The global cloud managed service provider market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into security services, mobility services, network services, and others. Security services are further sub-segmented into identity access management (IAM), data loss prevention (DLP), threat intelligence & vulnerability assessment (TI&VA), firewall management & intrusion detection/prevention system (IDS/IPS), disaster recovery as a service (DRaaS), and others. Mobility services are further sub-segmented into mobile device management (MDM) and enterprise mobility management(EMM).
Product Definition:
A Cloud Managed Service Provider (CSP) is a business that provides cloud-based services to customers. These services can include anything from storage and computing resources to software applications and platform-as-a-service offerings. CSPs are important because they allow businesses to outsource the management of their cloud infrastructure, freeing up time and resources that can be used elsewhere.
Security Services:
Security services are the set of processes and procedures which are implemented by service providers to ensure that their clients/customers' data is secure. It comprises of four main elements such as risk assessment, protection, detection & response. The growth factor for security services in cloud managed service provider market is due to increasing adoption of cloud computing across various industry verticals and growing awareness among small & medium enterprises about the benefits offered by cloud technology.
Mobility Services:
The mobility services are the set of tools, applications and technologies that help an organization's workforce to be more productive while allowing for remote access to data and applications. The mobility services in cloud managed service provider market include mobile device management, application management, enterprise mobility security and BYOD.
Application Insights:
The banking, financial services, and insurance (BFSI) segment dominated the global market in terms of revenue share in 2017. The BFSI sector is one of the leading adopters of cloud managed services due to its criticality to manage and store data effectively. Furthermore, increasing demand for efficient and effective IT infrastructure owing to regulatory requirements such as PSD2 is expected to drive the growth over the forecast period.
The public sector includes government agencies at regional level as well as local authorities responsible for providing a range of public services including education & healthcare on a daily basis. Cloud managed service providers are adopting innovative technologies that enable them offer enhanced levels of service while reducing costs significantly. This has led to an increased adoption across various regions within different industries such as education, healthcare, government etc.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to several factors such as increasing government regulations, rising demand for cloud managed services and growing adoption of digital technologies. Moreover, North America is home to some of the major players in this industry such as IBM Corporation; Cisco Systems, Inc.; Hewlett Packard Enterprise Development LP; and Dell EMC’scloud solutions business.
Asia Pacific is expected to emerge as a lucrative regional market over the forecast period owing to increasing investments by various governments across countries like China and India for developing their infrastructures along with growing demand from other sectors including BFSI, healthcare & life sciences, manufacturing & automotive among others for deploying cloud managed services due to technological advancements made by vendors in these regions coupled with increased disposable income levels are some other factors driving growth across Asia Pacific region.
Growth Factors:
- Increased demand for cloud-based services: The market for cloud-based services is growing at a rapid pace and this is expected to continue in the coming years. This will create opportunities for Cloud Managed Service Providers (CSPs) to grow their businesses.
- Rapid adoption of hybrid IT: Enterprises are increasingly adopting hybrid IT, which combines on-premises and cloud-based systems. This provides CSPs with new opportunities to provide managed services to enterprises.
- Proliferation of IoT devices: The number of IoT devices is increasing rapidly and this is creating new opportunities for CSPs to provide managed services that can help enterprises manage these devices securely and efficiently.
- Emergence of 5G technology: 5G technology is expected to be launched in 2020 and it will have a significant impact on the telecommunications sector as well as other industries such as healthcare, automotive, etcetera . This will create new opportunities for CSPs who want to offer managed services related to 5G technology .
Scope Of The Report
Report Attributes
Report Details
Report Title
Cloud Managed Service Provider Market Research Report
By Type
Security Services, Mobility Services, Network Services, Others
By Application
BFSI, Public, Retail, Manufacturing, IT and Telecom, Healthcare, Others
By Companies
Accenture, Rackspace, Wipro, AWS, Azure, GCP, Alibaba Cloud, HPE, Cisco Systems, VMWare Cloud, Oracle
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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Cloud Managed Service Provider Market Report Segments:
The global Cloud Managed Service Provider market is segmented on the basis of:
Types
Security Services, Mobility Services, Network Services, Others
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
BFSI, Public, Retail, Manufacturing, IT and Telecom, Healthcare, 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:
- Accenture
- Rackspace
- Wipro
- AWS
- Azure
- GCP
- Alibaba Cloud
- HPE
- Cisco Systems
- VMWare Cloud
- Oracle
Highlights of The Cloud Managed Service Provider 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:
- Security Services
- Mobility Services
- Network Services
- Others
- By Application:
- BFSI
- Public
- Retail
- Manufacturing
- IT and Telecom
- Healthcare
- 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 Managed Service Provider 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.
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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?
A Cloud Managed Service Provider (CMP) is a company that provides cloud-based managed services to businesses. These companies manage the infrastructure, applications and data of their customers' businesses in the cloud.
Some of the key players operating in the cloud managed service provider market are Accenture, Rackspace, Wipro, AWS, Azure, GCP, Alibaba Cloud, HPE, Cisco Systems, VMWare Cloud, Oracle.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cloud Managed Service Provider 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 Managed Service Provider Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cloud Managed Service Provider 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 Managed Service Provider 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 Managed Service Provider Market Size & Forecast, 2018-2028
4.5.1 Cloud Managed Service Provider Market Size and Y-o-Y Growth
4.5.2 Cloud Managed Service Provider Market Absolute $ Opportunity
Chapter 5 Global Cloud Managed Service Provider 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 Cloud Managed Service Provider Market Size Forecast by Type
5.2.1 Security Services
5.2.2 Mobility Services
5.2.3 Network Services
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cloud Managed Service Provider 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 Cloud Managed Service Provider Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 Public
6.2.3 Retail
6.2.4 Manufacturing
6.2.5 IT and Telecom
6.2.6 Healthcare
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cloud Managed Service Provider 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 Managed Service Provider 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 Cloud Managed Service Provider Analysis and Forecast
9.1 Introduction
9.2 North America Cloud Managed Service Provider 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 Cloud Managed Service Provider Market Size Forecast by Type
9.6.1 Security Services
9.6.2 Mobility Services
9.6.3 Network Services
9.6.4 Others
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 Cloud Managed Service Provider Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 Public
9.10.3 Retail
9.10.4 Manufacturing
9.10.5 IT and Telecom
9.10.6 Healthcare
9.10.7 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 Cloud Managed Service Provider Analysis and Forecast
10.1 Introduction
10.2 Europe Cloud Managed Service Provider 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 Cloud Managed Service Provider Market Size Forecast by Type
10.6.1 Security Services
10.6.2 Mobility Services
10.6.3 Network Services
10.6.4 Others
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 Cloud Managed Service Provider Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 Public
10.10.3 Retail
10.10.4 Manufacturing
10.10.5 IT and Telecom
10.10.6 Healthcare
10.10.7 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 Cloud Managed Service Provider Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cloud Managed Service Provider 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 Cloud Managed Service Provider Market Size Forecast by Type
11.6.1 Security Services
11.6.2 Mobility Services
11.6.3 Network Services
11.6.4 Others
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 Cloud Managed Service Provider Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 Public
11.10.3 Retail
11.10.4 Manufacturing
11.10.5 IT and Telecom
11.10.6 Healthcare
11.10.7 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 Cloud Managed Service Provider Analysis and Forecast
12.1 Introduction
12.2 Latin America Cloud Managed Service Provider 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 Cloud Managed Service Provider Market Size Forecast by Type
12.6.1 Security Services
12.6.2 Mobility Services
12.6.3 Network Services
12.6.4 Others
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 Cloud Managed Service Provider Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 Public
12.10.3 Retail
12.10.4 Manufacturing
12.10.5 IT and Telecom
12.10.6 Healthcare
12.10.7 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) Cloud Managed Service Provider Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cloud Managed Service Provider 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) Cloud Managed Service Provider Market Size Forecast by Type
13.6.1 Security Services
13.6.2 Mobility Services
13.6.3 Network Services
13.6.4 Others
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) Cloud Managed Service Provider Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 Public
13.10.3 Retail
13.10.4 Manufacturing
13.10.5 IT and Telecom
13.10.6 Healthcare
13.10.7 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 Managed Service Provider Market: Competitive Dashboard
14.2 Global Cloud Managed Service Provider Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Accenture
14.3.2 Rackspace
14.3.3 Wipro
14.3.4 AWS
14.3.5 Azure
14.3.6 GCP
14.3.7 Alibaba Cloud
14.3.8 HPE
14.3.9 Cisco Systems
14.3.10 VMWare Cloud
14.3.11 Oracle
