Cloud professional services market refers a combination of capabilities including consulting/technical skills and functional knowledge.
An increased number of cloud solutions from various vendors have created a complex cloud environment. Cloud customers are struggling with integrating and managing applications, workloads, cloud stacks, and other facets of the shift to cloud. They are spending heavily on consultants and system integrators to educate, plan, and implement their cloud environments.
Scope of the Report:
Accelerated demand for cloud-based solutions from various industry verticals including BFSI, government, education, and healthcare among others will continue to create significant opportunities for cloud professional services vendors, and leaders. This is also contributing towards the expansion of IT services portfolio by the cloud service providers to boost their revenue generating opportunities while catering to different segments of end customers.
The rapid adoption of cloud-based services by companies of all sizes will drive its demand due to its cost-effectiveness and ease of use. However, data security concerns associated with critical data storage in the cloud and technological constraints will impede the growing demand for cloud security solutions.
The global Cloud Professional Services market is valued at 3852.1 million USD in 2018 and is expected to reach 9157.8 million USD by the end of 2024, growing at a CAGR of 18.9% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Cloud Professional Services.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Cloud Professional Services market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Cloud Professional Services market by product type and applications/end industries.
Market Segment by Companies, this report covers
Deloitte
Wipro Limited
Tech Mahindra Limited
Accenture plc
Hewlett Packard Enterprise
Dell Inc. (EMC)
KPMG International
Capgemini S.A.
HCL
IBM
Tata Group
PricewaterhouseCoopers LLP
Cisco Systems, Inc.
Nippon Telegraph and Telephone Corporation
Microsoft Corporation
CGI Group Inc.
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Cloud Consulting
Cloud Systems Integration
Cloud ADM (Application Development and Maintenance)
Cloud Managed Services
Market Segment by Applications, can be divided into
Banking, Financial Services & Insurance (BFSI)
IT and Telecommunications
Healthcare
Media and Entertainment
Government
Education
Summary:
Get latest Market Research Reports on Cloud Professional Services . Industry analysis & Market Report on Cloud Professional Services is a syndicated market report, published as Global Cloud Professional Services Market 2019 by Company, Regions, Type and Application, Forecast to 2024. It is complete Research Study and Industry Analysis of Cloud Professional Services market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.