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Cloud Managed Services Market Size is Projected to Reach USD 115.6 Billion by 2026 - Valuates ReportsBANGALORE, India, Aug. 5, 2020 /PRNewswire/ -- Increasing business needs to cut operating and infrastructural costs involved in business processes is anticipated to drive cloud-managed services. Third-party outsourcing of cloud infrastructure helps companies to concentrate on their core competencies, thus increasing overall efficiency.  In 2019, the global Cloud Managed Services market size was USD 53.6 Billion, and it is expected to reach USD 115.6 Billion by the end of 2026, with a CAGR of 11.6% during 2021-2026. This research focuses on the status of globally operated cloud services, future projections, growth prospects, key industry, and key players. The study aims to address the creation of Cloud Managed Services in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America. Get Detailed Analysis of COVID-19 Impact on Cloud Managed Services Market: https://reports.valuates.com/request/sample/QYRE-Othe-2G287/cloud_managed_services_market TRENDS INFLUENCING THE CLOUD MANAGED SERVICES MARKET SIZE Increasing emphasis on mobility coupled with a need to concentrate on core business functions, would drive the growth of Cloud Managed Services Market size. Growing demand for scalability and reliability will also improve demand for the services, as it will enable businesses to scale up and down their operations by providing custom-made solutions to the services available. Cloud-managed services are powered by companies around the world that are rapidly embracing cloud infrastructure. Higher flexibility and the adoption of the 'pay as you go' model has helped small and medium-sized companies to emerge as cloud services' most promising consumers. With the adoption of cloud services continuously growing, it is, in turn, expected to increase the Cloud Managed Services Market size during the forecast period. Data privacy and cloud-based data protection will curb market growth. Furthermore, cost-sensitive businesses might refrain from investing in these services because of the initial high installation and maintenance costs. View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-2G287/cloud-managed-services CLOUD MANAGED SERVICES MARKET SHARE ANALYSIS North America is expected to hold the largest Cloud Managed Services market share. This dominance of North America can be attributed to the presence of major players in the region. Due to increased demand for Cloud Managed Services, Asia Pacific (APAC) is projected to rise at the highest CAGR during the forecast period. By reducing costs and increasing employee efficiency, Cloud Managed Services helps companies to raise revenue. APAC region is expected to experience substantial growth opportunities. Meanwhile, North America is expected to retain the largest portion of the market during the forecast era. Inquire for Regional Report: https://reports.valuates.com/request/regional/QYRE-Othe-2G287/cloud_managed_services_market TOP COMPANIES IN THE CLOUD MANAGED SERVICES MARKET The Cloud Managed Services Market is highly competitive, with major vendors dominating the market. Some of the Top companies that are analyzed in this report are IBM, Cisco Systems. Inc, Ericsson, Verizon Communication Inc., Accenture PLC, NTT Data Corporation, Huawei Technologies, Fujitsu Limited, China Huaxin( Alcatel Lucent Enterprise), CenturyLink, etc. CLOUD MANAGED SERVICES MARKET BY TYPE, THEPRODUCT CAN BE SPLIT INTO
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CLOUD MANAGED SERVICES MARKET BY REGIONS/COUNTRIES, THIS REPORT COVERS
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The Global Managed Services Software market size is expected to grow from USD 180.5 Billion in 2018 to USD 282.0 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 9.3% during the forecast period. The report analyses the global Managed Services Software status, future forecast, growth opportunity, key market, and key players. It also provides insight into development in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America. View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-18X1161/global-managed-services-software
Managed security services market size is expected to garner USD 40.97 Billion by 2022, registering a CAGR of 16.6% during the forecast period 2016-2022. Increased network technology complexity, along with a shortage of resources and qualified IT experts, prove to be significant hindrances in data protection management. Outsourcing the security function to managed security service providers has emerged as a lucrative choice for the organizations in such a scenario. Managed security services can be provided by implementing the requisite on-site security infrastructure inside the enterprise, or they can be completely managed from a remote location by the service provider. View Full Report: https://reports.valuates.com/market-reports/ALLI-Auto-1M73/managed-security-services
Improved network flexibility, better network security, and the need to optimize the business process at a minimal cost are driving the growth of managed network services market size. View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-4V2410/global-managed-network-services
Increasing adoption of mobile technology and accelerating Bring Your Own Device (BYOD) policies in organizations is driving the Managed Security Services (MMS) market. The Managed Security Services market in APAC is expected to witness exponential growth during the forecast period. View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-5Q2414/global-managed-mobility-services
View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-1F286/it-managed-services
The global managed services market size is expected to grow from USD 178.5 Billion in 2019 to USD 309.4 Billion by 2025, at a CAGR of 9.6% during the forecast period. Developments in cloud-based technology and technological proliferation are expected to drive the growth of Managed Services Market size during the forecast period. Increasing demand from cloud and managed service providers (MSPs) for outsourcing management functions are expected to further push the adoption. View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-1R2135/global-managed-services
The global cloud computing market size was USD 36,700 Million in 2018 and is anticipated to achieve USD 28,5300 Million by the end of 2025, with a CAGR of 29.2% in 2019-2025. View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-16156/global-cloud-computing
The global Software as a Service (SaaS) market size is projected to reach USD 307.3 Billion by 2026, from USD 158.2 Billion in 2020, at a CAGR of 11.7% during 2020-2026 View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-1G311/covid-19-impact-on-global-software-as-a-service ABOUT US: Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs. Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs. To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data source. CONTACT US: Valuates Reports Website: https://reports.valuates.com Twitter - https://twitter.com/valuatesreports Linkedin - https://in.linkedin.com/company/valuatesreports Facebook - https://www.facebook.com/valuatesreports Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg 
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