DUBLIN, May 18, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Cloud Managed Services Market by Managed Services (Business Service, Network Services, Security Services, Data Center Services, Mobility Services), by Deployment, by Organization Size, by Industry Application & by Region - Global Forecast to 2021" report to their offering.
The cloud managed services market is expected to grow from USD 35.54 Billion in 2016 to USD 76.73 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 16.6% during the forecast period. Increasing ICT spending and growing trend of big data analytics, increasing adoption of managed services by SMEs, and need for companies to focus on their core business are the major drivers of this market.
Mobility services and security services are the fastest growing managed service. The increasing proliferation of mobile devices and trend of BYOD in various organizations has made companies to seek for services that could help them to manage these devices along with the data generated through it for better utilization and security need. Moreover, IoT adoption and big data trend has led to sudden requirement of data security due to which, managed security services is witnessing high demand among customers. Moreover, these requirements have led SMEs to opt and demand for managed services and focus on their core business to incur better results.
Private cloud-based deployments is gaining high traction in the market as it provides better control of the data and can reduce the risk of loss of data and issues connected to the regulatory compliance. Moreover, due its seamless benefits such as organization control, cost and energy efficiency, and improved reliability, companies prefer to deploy private cloud in their environment.
- Accenture PLC
- Cisco Systems, Inc.
- Fujitsu Ltd.
- Hewlett-Packard Enterprise Company
- Huawei Technologies
- IBM Corporation
- NEC Corporation
- NTT Data Corporation
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Cloud Managed Services Market Analysis, By Service Type
8 Cloud Managed Services Market Analysis, By Deployment Type
9 Cloud Managed Services Market Analysis, By Organization Size
10 Cloud Managed Services Market Analysis, By Industry Vertical
11 Geographic Analysis
12 Competitive Landscape
13 Company Profiles
For more information visit http://www.researchandmarkets.com/research/kppn8c/cloud_managed
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SOURCE Research and Markets