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?
The global cloud professional services market size reached US$ 21.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 56.9 Billion by 2028, exhibiting a growth rate (CAGR) of 18.34% during 2023-2028.
What are Cloud Professional Services?
Cloud professional services refer to the range of services provided by cloud computing experts to help businesses successfully adopt and utilize cloud technologies. These services encompass a range of expert offerings that assist organizations in effectively harnessing the power of cloud computing to optimize their operations, enhance productivity, and achieve strategic objectives. Cloud professional services providers are armed with deep industry knowledge and technical proficiency, enabling businesses to navigate the complexities of cloud adoption, migration, and management seamlessly. As organizations recognize the need to embrace digital transformation, these services have become instrumental in guiding them through the intricate process of migrating their data, applications, and infrastructure to the cloud.
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What are the Growth Prospects and Trends in the Cloud Professional Services Industry?
The scalability and cost-efficiency offered by cloud computing make it an attractive option for businesses of all sizes. As a result, the need for expert guidance in harnessing these benefits has grown significantly thereby driving the market. In addition to this, the rising emphasis on data security and compliance is steering organizations toward cloud professional services. Cloud professional services offer expertise in cloud security and compliance, helping organizations ensure that their data and applications are secure and compliant with industry regulations, which in turn is contributing to the market growth.
Furthermore, the integration of advanced technologies like artificial intelligence (AI) and machine learning (ML) into cloud services is opening new avenues for innovation and efficiency, further driving the demand for expert guidance in navigating these complexities. In line with this, cloud professional services shape the future of business operations, enabling organizations to harness the full potential of cloud technology while addressing the challenges of the digital era, which is supporting the market growth.
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:
- BFSI
- Government
- Education
- IT and Telecom
- Healthcare
- Energy and Utilities
- Manufacturing
- Others
Regional Analysis:
- 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)
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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.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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