DALLAS, October 9, 2014 /PRNewswire/ --
According to new market research report "Cloud Professional Services Market by Service Type (Consulting, Integration, Deployment & Support), by Service Model (SaaS, PaaS, IaaS), and by Deployment Model (Public, Private, Others (Hybrid & Community)) - Global Forecast to 2019", published by MarketsandMarkets, defines and segments the Cloud Professional Services Market into various sub-segments with an in-depth analysis and forecasting of revenues. It also identifies the drivers and restraints for this market with the insights on trends, opportunities, and challenges.
Browse 89 market data tables with 45 figures spread through 154 pages and in-depth TOC on "Cloud Professional Services Market - Global Forecast to 2019"
Early buyers will receive 10% customization on this report.
Cloud professional services are broadly divided into cloud based consulting services including training and education services, assessment and advisory services, and risk evaluation services; system and network integration services including cloud application design and development services, cloud migration and up gradation services, application load and performance testing services, cloud expansion and bridging services; and deployment and support services including application monitoring, management and optimization services, data backup and recovery services, network and storage security services and compliance and security management services.
MarketsandMarkets has broadly segmented the Cloud Professional Services Market by type of services into consulting services, system and network integration services, and deployment and support services; service model into Software-as-as-Service (SaaS), Platform-as-a-Service (PaaS), and Infrastructure-as-a-Service (IaaS); deployment model into private cloud, public cloud, and hybrid cloud; verticals into banking and financial services, insurance, public sector and utilities, transportation, healthcare, telecommunication and IT, education, retail, manufacturing, and others; and regions into North America (NA), Europe, Latin America (LA), Asia-Pacific (APAC), and Middle East and Africa (MEA).
MarketsandMarkets believes that the data security concerns associated with consumers regarding their critical data storage in the cloud and technological constraints giving rise to network and application performance issues are the major constraints in the cloud professional services market. These challenges carry significant potential of hampering the adoption rate of cloud professional services and solutions by numerous SMBs across a wide range of verticals.
The Cloud Professional Services Market is estimated to grow from $10.33 billion in 2014 to $34.41 billion in 2019, at a Compound Annual Growth Rate (CAGR) of 27.2% from 2014 to 2019. Geographically, North America is expected to be the biggest market in terms of revenue contribution while Middle East and Africa (MEA), Latin America (LA) and Asia-Pacific (APAC) are expected to emerge rapidly in this market with high CAGRs.
Browse Related Reports
Cloud Computing in Education Market by Service Model (SaaS, PaaS, IaaS), by Deployment Model (Private Cloud, Public Cloud, Hybrid Cloud, and Community Cloud), by User Type (K-12, Higher Education) - Worldwide Market Forecasts and Analysis (2014-2019)
Public/Private Cloud Storage Market by Solution (Cloud Storage Gateways, Backup & Recovery, Data Movement & Access), by Software (Data Replication, HSM & Archiving, Security & Storage Resource Management) - Worldwide Forecasts & Analysis (2014 - 2019)
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it