TMCnet News
The global cloud managed services market is expected to reach USD 82.51 billion by 2025LONDON, Jan. 25, 2018 /PRNewswire/ -- Further key findings from the study suggest: • Mobility services is expected to be the fastest-growing segment with a CAGR of over 19% over the forecast period, owing to increased adoption of mobile devices by organizations • Private cloud deployment will increase with a CAGR of over 16% over the forecast period. This growth will be driven by private cloud deployment benefits such as high service level. • Cloud managed services will have higher adoption in SMEs owing to customization and reduced IT costs • Healthcare segment will have the highest growth rate over the forecast period owing to enhanced data security • Asia Pacific will be the fastest-growing regional market over the forecast period due to increasing investments in growing economies such as India and China • The prominent industry participants operating in the market include IBM, Cisco Systems Inc, Ericsson, Verizon Communications Inc, and NTT Data Corporation Download the full report: https://www.reportbuyer.com/product/5291706 About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +1 (718) 213 4904 Website: www.reportbuyer.com View original content:http://www.prnewswire.com/news-releases/the-global-cloud-managed-services-market-is-expected-to-reach-usd-8251-billion-by-2025-300588477.html SOURCE ReportBuyer |