What is the current Cloud Managed Services Market size?

The Cloud Managed Services Market is projected to register a CAGR of 16% during the forecast period (2024-2029) Read More

Who are the key players in Cloud Managed Services Market?

Ericsson Inc., Accenture plc, Cisco Systems, Inc., International Business Machines Corporation and Huawei Technologies Co., Ltd. are the major companies operating in the Cloud Managed Services Market. Read More

Which is the fastest growing region in Cloud Managed Services Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Cloud Managed Services Market?

In 2024, the North America accounts for the largest market share in Cloud Managed Services Market. Read More

What years does this Cloud Managed Services Market cover?

The report covers the Cloud Managed Services Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Cloud Managed Services Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Cloud Managed Services Market - Growth, Industry Analysis & Size

Cloud Managed Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Market Report Covers Global Cloud Managed IT Services Companies and is segmented by type (infrastructure service and network service), end-user industry (BFSI, IT & telecom, and retail), and geography (North America (US, Canada), Europe (Germany, UK, France, and rest of Europe), Asia Pacific (India, China, Japan, and Rest of Asia-Pacific), Latin America (Mexico, Brazil, and rest of Latin America), and Middle East & Africa (UAE, Saudi Arabia, and rest of Middle East & Africa)). The market size and forecasts are provided in value (USD million) for all the above segments.

Cloud Managed Services Industry Overview

The cloud-managed services market is fragmented and fiercely competitive due to a sizeable number of large and small market players. Strategic initiatives like partnerships, agreements, and acquisitions have been some of the prominent features of this market. Some major players in this market are Ericsson Inc., Accenture plc, Accenture plc, International Business Machines Corporation, Huawei Technologies Co., Ltd., and NEC Corporation, among others.

February 2022 - LEAN, Kuwait's top national cloud solutions provider, announces introducing its cloud-managed services. The recently introduced service presents a unique option for businesses to concentrate their IT resources on attaining their goals. LEAN provides its clients with an integrated, optimized capability to manage their virtual data centers, disaster recovery, and backup & data protection services, reducing their capital and operational costs, improving security and compliance, and reducing risk with unheard-of speed and dependability. LEAN leverages its national cloud and professional services experience.