According to IMARC Group’s latest report, titled “Cloud Professional Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global market exhibited strong growth during 2015-2020. Cloud professional services help businesses in managing their cloud-based infrastructure effectively. They act as a catalyst and provide flexibility in information technology (IT) transformation by combining the preferred cloud and on-premises solutions in the ratio that is best suited for the workload. These services can adapt easily and meet the requirements of enterprises to allow them to focus solely on their core competencies, thereby leading to their overall growth.
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The global market is majorly driven by significant growth in the healthcare industry. With the widespread adoption of cloud services in the sector, there has been a considerable rise in the requirement for pertinent patient data to be handled effectively as well as shared easily among service providers, which, in turn, is providing an impetus to the market growth. Furthermore, rapid technological advancements, such as the increasing integration of these cloud professional services with artificial learning and machine learning, have also created a positive outlook for the market. Moreover, the rising adoption of digitalization across multiple industries has further contributed to the market growth. Looking forward, IMARC Group expects the global cloud professional services market to grow at a CAGR of around 17% during 2021-2026.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with 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.
Market Segmentation:
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
Breakup by Region:
- 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, Others)
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- 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.
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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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