IMARC Group, a leading market research company, has recently releases report titled “Cloud Professional Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global cloud professional services market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the Cloud Professional Services Market?
|Market Size in 2022||US$ 21.5 Billion|
|Market Forecast in 2028||US$ 56.9 Billion|
|Growth rate (2023 to 2028)||CAGR of 18.34%|
|Base Year of the Analysis||2022|
What are Cloud Professional Services?
Cloud professional services refer to the various consulting, implementation, and support services offered by third-party providers to help organizations move, manage, and optimize their cloud-based infrastructure. These services include cloud strategy development, cloud migration, cloud architecture design and cloud security. Cloud professional services help organizations navigate the complex and ever-evolving landscape of cloud technology. These services provide expert guidance and support to ensure that organizations can take full advantage of the benefits of cloud computing, such as scalability, flexibility, and cost-effectiveness. Cloud professional services find their application across a wide range of industries, including healthcare, finance, retail, and manufacturing.
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What are the Growth Prospects and Trends in the Cloud Professional Services Industry?
The increasing adoption of cloud technology among organizations represents one of the key factors influencing the cloud professional services market growth. In line with this, as more and more businesses are moving their operations to the cloud, there is a rising need for professional services, which is acting as a major growth-inducing factor. Moreover, the increasing complexity of cloud technology and the rising need for specialized expertise to manage and optimize it are contributing to the market growth. The increasing importance of data privacy and security is driving the market growth. Furthermore, the rise of multi-cloud environments and the increasing demand for cloud-native application development are contributing to the market growth. Other factors, such as the increasing integration with artificial intelligence (AI) and machine learning (ML) and the development of new cloud-based solutions for specific industries and use cases, are creating a positive outlook for the market.
Who are the Key Players Operating in the Cloud Professional Services Market?
Competitive Landscape with Key Players:
The report has also analysed the competitive landscape of the market with some of the key players.
- Accenture PLC
- Amazon Web Services Inc. (Amazon.com, Inc.)
- Atos SE
- Capgemini SE
- Cisco Systems Inc.
- Dell Technologies Inc.
- Fujitsu Limited
- HCL Technologies Limited
- Hewlett Packard Enterprise Company
- Infosys Limited
- Microsoft Corporation
- NTT DATA Corporation (Nippon Telegraph and Telephone)
- Oracle Corporation
- SAP SE.
What is Included in Market Segmentation?
The report has categorized the market based on service, organization size, deployment model, end use industry and region.
Breakup by Service:
- Platform as a Service (Paas)
- Software as a Service (SaaS)
- Infrastructure as a Service (IaaS)
Breakup by Organization Size:
- Small Enterprises
- Medium Enterprises
- Large Enterprises
Breakup by Deployment Model:
- Public Cloud
- Private Cloud
- Hybrid Cloud
Breakup by End Use Industry:
- IT and Telecom
- Energy and Utilities
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
Key Highlights of The Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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