BSFI Cloud Managed Services Market is Expected to Grow at a CAGR Value of 9.6% by 2031 End

iCrowd Newswire
23 May 2022, 19:32 GMT+10

250 Pages BSFI Cloud Managed Services Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

ICT companies are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth.

The report offers actionable and valuable market insights of BSFI Cloud Managed Services. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of BSFI Cloud Managed Services Market across various industries and regions.

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Global sales of cloud managed services in 2021 was held at US$ 86.1 Bn. With 9.6%, the projected market growth during 2022 – 2032 is expected to be significantly higher than the historical growth. Managed Network Services are expected to be the highest revenue generating cloud managed services type, with a projected growth of 9.1% during 2022 – 2032.

Attribute

Details

Forecast Period

2022-2032

Historical Data Available for

2015-2021

Market Analysis

US$ Bn for Value

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of BSFI Cloud Managed Services market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of BSFI Cloud Managed Services

This newly published and insightful report sheds light on Market Insights of BSFI Cloud Managed Services, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of BSFI Cloud Managed Services Market.

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Market Segments Covered in Cloud managed services Industry Analysis

By Service Type :
- Managed Business Services
- Managed Network Services
- Managed Security Services
- Managed Infrastructure Services
- Managed Mobility Services
- Managed Communication and Collaboration Services

By Vertical :
- BFSI
- Telecom
- Government and public sector
- Healthcare and life sciences
- Retail and Consumer goods
- Manufacturing
- Energy and Utilities
- IT
- Others (Transport, Education, and Travel and Hospitality)

By Organization Size :
- Large Enterprises
- Small And Medium-Sized Enterprises

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Competitive Analysis

The key players such as IBM, Ericsson, AWS, Cisco, and Infosys adopt several organic and inorganic strategies to enhance their revenue and market standings.

Some of the recent developments of key cloud managed services providers are as follows:

In March, 2022, Google announced that they have launched new Tau T2D VMs, which delivers 42% better price-performance compared to leading cloud providers. It offers more flexibility to support customers' enterprise with dual-region buckets and upcoming Turbo Replication. Google cloud is set to expand at a large scale on global network with the inclusion of 29 new regions.

In September 2021, DigitalOcean acquired a serverless platform provider, Nimbella. It will help companies adopt serverless computing; while, DigitalOcean provides cloud services to help businesses scale themselves.

In April, 2021, Microsoft acquired Nuance Communications, which is a leading provider of conversational AI in healthcare domain. Microsoft completed this acquisition with a valuation of US$ 19.7 Bn.

In Oct 2020, IBM Corporation to separate its managed infrastructure services unit of its Global Technology Services division into a new public company named "NewCo".

Similarly, recent developments related to companies cloud managed services have been tracked by the team at Fact.MR, which are available in the full report.

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Fact.MR, in its new report, offers an unbiased Market Analysis of BSFI Cloud Managed Services, Sales and Demand of BSFI Cloud Managed Services, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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Tags: Managed Business Services Demand, Cloud Managed Services Demand, Sales of Cloud Managed Services, global Cloud Managed Services market, Cloud Managed Services Market