Global Cloud Managed Services Market to Stand at USD 53.78 Bn by 2022, States M&M in Its New Research Study Now Available at MarketPublishers.com02 Jun 2017 • by Natalie Aster
LONDON – The cloud managed services market is expected to climb to USD 53.78 billion on a global scale by 2022, up from USD 27.15 billion in 2017. The market is set to surge at a great CAGR of 14.6% during 2017-2022.
The market growth is set to be spurred b y a slew of various factors, including enhanced usage of managed services among SMEs and considerably rising penetration of mobile devices and big data analytics in companies. Besides, surging expenditures on ICT along with the necessity to concentrate on core business activities are also predicted to add impetus to the market growth through 2022. Still, the market growth is likely to be challenged by enhancing concerns about cloud security and privacy.
As of segments, the managed infrastructure services segment is anticipated to capture the mammoth share of the total market from 2017 up till 2022. As for growth rates, the SMEs segment is set to show upturn at the highest CAGR through 2022.
North America remains the most developed region in terms of cloud technology and grabs the largest chunk of the global market. Meantime, APAC has all chances to become the fastest-growing region regarding CAGR through 2022.
New research report by M&M, “Cloud Managed Services Market by Service Type, Deployment Type, Organization Size, Industry Vertical, and Region - Global Forecast to 2022”, is a trustwirthy source of information on the current situation in the marketplace. This insightful publication delves into the key segments of the global cloud managed services market on the basis of deployment types, components, enterprise size, industry verticals, and regions. The report also offers relevant data on the revenue numbers for the overall market, segments and sub-segments. The report traces light on the competitive environment, highlights the market dynamics, focuses on the main market growth drivers, hinders, challenges and restrains. The ongoing market trends as well as future opportunities are also covered here. The research report profiles top 25 companies active in the marketplace. An insightful review of the recent innovations, mergers and acquisitions, and the latest industry developments are also canvassed in the report. A 5-year future outlook for the market is at hand in the research report.
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