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$116.2 Billion Worldwide Cloud Managed Services Industry to 2025 - Featuring Cisco, Ericsson & IBM Among Others
[July 02, 2020]

$116.2 Billion Worldwide Cloud Managed Services Industry to 2025 - Featuring Cisco, Ericsson & IBM Among Others


DUBLIN, July 2, 2020 /PRNewswire/ -- The "Cloud Managed Services Market by Service Type (Managed Business, Managed Network, Managed Security, Managed Infrastructure, and Managed Mobility), Deployment Type, Organization Size, Industry Vertical, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

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The global CMS market is estimated to be USD 62,350 million in 2020 and is projected to reach USD 1,16,210 million by 2025, at a CAGR of 13.3% during the forecast period.

The major factor driving the growth of the market is the desire of companies to cut capital costs and transfer into operational costs. Organizations can avoid huge infrastructural capital investments by adopting CMS. The CMS also helps organizations to let their IT workforce to focus on main business functions and improve productivity.

Small and medium-sized enterprises segment to grow at a higher growth rate during the forecast period

The Small and Medium-sized Enterprises (SMEs) segment is expected to grow at a higher CAGR in the CMS market during the forecast period. Small enterprises face greater resource crunch than large enterprises and require better methods to solve the complexities for better cost optimization on their business processes. Security and compliance, and reduction in downtime are some of the major benefits that the small enterprises are experiencing through the adoption of managed services. By using these managed services, SMEs can focus more on business operations than worrying about the IT cost.

Managed communication and collaboration services to grow at the highest CAGR during the forecast period

Most of the organizations want to improve their employee productivity and enhance outputs. Managed communication and collaboration services help organizations overcome this challenge with ease. They provide a centralized system for data transfer across mediums, such as mobile devices and personal computers. Multiple team members can work on one document simultaneously, share ideas, and add comments. This lessens the time required to send work back and forth for feedback. The presence of multiple communications products in a user-friendly interface enables businesses to communicate efficiently with different business units globally and ensures the smooth transition of ongoing projects. Due to these mentioned benefits, the demand for cloud-managed communication and collaboration services is high among organizations.

Retail and consumer goods industry vertical to grow at the highest CAGR during the forecast period

The retail and consumer goods industry vertical is one of the fastest-growing industry verticals. Due to the rising consumer purchasing power, the industry vertical is attracting major companies around the world. The growing trends in mobile data consumption and the increasing usage of smartphones and tablets in countries have paved the way for the high demand for mobility solutions in the retail industry vertical. Security services have also become essential for retail organizations to protect their IT environments and customer-sensitive data. Hence, there are ample opportunities for CMS providers to cater to large enterprises as well as small businesses. The retail and consumer goods industry vertical deals with a large amount of customer data, which helps provide personalized experiences to customers. To cater to vast business requirements, organizations adopt CMS so that they can focus on their core business functions.

North America to account for the largest market size during the forecast period

North America is one of the largest contributors to the global CMS market. The market growth in this region is majorly driven by the presence of large IT companies and rapid technological advacements, such as digitalization in the US and Canada, a stable economy, and a willingness to adopt new and emerging technologies. The well-established economies of these countries enable the region to invest heavily in leading CMS vendors. Cisco Systems, IBM, and Amazon are some of the leading vendors of CMS operating across the North American market.



Europe is anticipated to be the second-largest region in the global CMS market due to the GDPR compliance. With the technological advancements in the Asia Pacific(APAC), several factors are expected to drive the impressive growth of the region. The factors include the increasing ICT spending, growing trend of big data and analytics, and rising need to focus more on main business activities.

Key Topics Covered:


1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Cloud Managed Services Market
4.2 Cloud Managed Services Market, by Service Type (2020 Vs. 2025)
4.3 Cloud Managed Services Market, by Vertical (2020 Vs. 2025)
4.4 Market Investment Scenario

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 a Proactive Approach to Maintenance
5.2.1.2 Increasing It Spend of Companies
5.2.1.3 Growing Trend of Technologies, Such as Big Data and Analytics
5.2.2 Restraints
5.2.2.1 Data Security and Privacy
5.2.2.2 Quality Issues from Cloud Managed Service Providers
5.2.3 Opportunities
5.2.3.1 Growth in Anything As-A-Service Technologies
5.2.3.2 Increasing the Adoption of Cloud-Based Technology
5.2.3.3 Small and Medium-Sized Enterprises Demand for Cloud Managed Services
5.2.4 Challenges
5.2.4.1 Cloud Invoices and Multiple Accounts
5.2.4.2 Integrations With Third-Party Applications
5.3 Use Cases
5.3.1 Use Case 1: Telecommunications
5.3.2 Use Case 2: Retail
5.3.3 Use Case 3: Fast Moving Consumer Goods
5.3.4 Use Case 4: Baking and Financial Services
5.3.5 Use Case 5: Public Sector

6 Effect of Covid-19

7 Cloud Managed Services Market, by Service Type
7.1 Introduction
7.2 Managed Business Services
7.2.1 Managed Business Services: Cloud Managed Services Market Drivers
7.2.2 Business Process Services
7.2.3 Continuity and Disaster Recovery Services
7.2.4 Others
7.3 Managed Network Services
7.3.1 Managed Network Services: Cloud Managed Services Market Drivers
7.3.2 Managed Network Provisioning
7.3.3 Managed Network Monitoring and Management
7.4 Managed Security Services
7.4.1 Managed Security Services: Cloud Managed Services Market Drivers
7.4.2 Managed Identity and Access Management
7.4.3 Managed Antivirus/Antimalware
7.4.4 Managed Firewall
7.4.5 Managed Risk and Compliance Management
7.4.6 Managed Vulnerability Management
7.4.7 Managed Security Information and Event Management
7.4.8 Managed Intrusion Detection System/Intrusion Prevention System
7.4.9 Managed Data Loss Prevention
7.4.10 Others
7.5 Managed Infrastructure Services
7.5.1 Managed Infrastructure Services: Cloud Managed Services Market Drivers
7.5.2 Storage Management
7.5.3 Server Management
7.5.4 Managed Print Services
7.6 Managed Mobility Services
7.6.1 Managed Mobility Services: Cloud Managed Services Market Drivers
7.6.2 Device Management Services
7.6.3 Application Management Services
7.7 Managed Communication and Collaboration Services
7.7.1 Managed Communication and Collaboration Services: Cloud Managed Services Market Drivers
7.7.2 Managed Voice Over Internet Protocol
7.7.3 Managed Unified Communication

8 Cloud Managed Services Market, by Deployment Type
8.1 Introduction
8.2 Public Cloud
8.2.1 Public Cloud: Cloud Managed Services Market Drivers

9 Cloud Managed Services Market, by Organization Size
9.1 Introduction
9.2 Large Enterprises
9.2.1 Large Enterprises: Cloud Managed Services Market Drivers
9.3 Small and Medium-Sized Enterprises
9.3.1 Small and Medium-Sized Enterprises: Cloud Managed Services Market Drivers

10 Cloud Managed Services Market, by Industry Vertical
10.1 Introduction
10.1.1 Impact of Covid-19 on Industry Verticals
10.2 Banking, Financial Services, and Insurance
10.2.1 Banking, Financial Services, and Insurance: Cloud Managed Services Market Drivers
10.3 Telecom
10.3.1 Telecom: Cloud Managed Services Market Drivers
10.4 Government and Public Sector
10.4.1 Government and Public Sector: Cloud Managed Services Market Drivers
10.5 Healthcare and Life Sciences
10.5.1 Healthcare and Life Sciences: Cloud Managed Services Market Drivers
10.6 Retail and Consumer Goods
10.6.1 Retail and Consumer Goods: Cloud Managed Services Market Drivers
10.7 Manufacturing
10.7.1 Manufacturing: Cloud Managed Services Market Drivers
10.8 Energy and Utilities
10.8.1 Energy and Utilities: Cloud Managed Services Market Drivers
10.9 Information Technology
10.9.1 Information Technology: Cloud Managed Services Market Drivers
10.10 Others

11 Cloud Managed Services Market, by Region
11.1 Introduction
11.2 North America
11.2.1 North America: Cloud Managed Services Market Drivers
11.2.2 United States
11.2.3 Canada
11.3 Europe
11.3.1 Europe: Cloud Managed Services Market Drivers
11.3.2 United Kingdom
11.3.3 Rest of Europe
11.4 Asia-Pacific
11.4.1 Asia-Pacific: Cloud Managed Services Market Drivers
11.4.2 China
11.4.3 Rest of Asia-Pacific
11.5 Middle East and Africa
11.5.1 Middle East and Africa: Cloud Managed Services Market Drivers
11.5.2 Kingdom of Saudi Arabia
11.5.3 Rest of Middle East and Africa
11.6 Latin America
11.6.1 Latin America: Cloud Managed Services Market Drivers
11.6.2 Mexico
11.6.3 Rest of Latin America

12 Competitive Landscape
12.1 Competitive Leader Mapping
12.1.1 Visionary Leaders
12.1.2 Innovators
12.1.3 Dynamic Differentiators
12.1.4 Emerging Companies

13 Company Profiles
13.1 Introduction
13.2 Cisco
13.3 Ericsson
13.4 IBM
13.5 Aws
13.6 Ntt Data
13.7 Fujitsu
13.8 Infosys
13.9 Accenture
13.10 Hpe
13.11 Nec
13.12 Alcatel-Lucent
13.13 Tcs
13.14 Wipro
13.15 Rackspace
13.16 Datacom
13.17 Huawei
13.18 Cloudticity
13.19 Connectria
13.20 DLT Solutions
13.21 Sirius Computer Solutions
13.22 Softchoice
13.23 Cloudnexa
13.24 Right-To-Win

For more information about this report visit https://www.researchandmarkets.com/r/6jutrc

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.


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