Cloud Professional Services Market Outlook

Cloud professional services deliver targeted guidance and technical expertise to aid organizations in managing their cloud-based infrastructure flexibly and cost-effectively. These benefits are provided through various practices, tools, and frameworks, which assist enterprises in focusing and simplifying their everyday business activities and improving productivity.

The global cloud professional services market reached a value of US$ 18.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 48.3 Billion by 2027, exhibiting a CAGR of 17.6% during 2022-2027.

Nowadays, service providers are offering automated cloud professional services to minimize overall operating costs, speed up the product development cycle, and prevent human errors in manufacturing facilities. As a result, these solutions find widespread applications across several sectors, such as BFSI, education, government, IT and telecom, healthcare, energy and utilities, etc. 

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Cloud Professional Services Market Trends:

The escalating focus on digitizing business processes is encouraging the utilization of these solutions across various industry verticals to improve agility and protect sensitive data and workloads, which is among the primary factors driving the cloud professional services market. Besides this, the elevating requirement for robotics, owing to the emerging trend of automation in manufacturing processes, is further augmenting the market growth.

Moreover, the integration of cloud professional services with analytics tools, artificial intelligence (AI), machine learning (ML), and development and operations (DevOps) to run a hybrid cloud environment is also catalyzing the global market. Apart from this, the inflating need for remote working models, on account of the sudden outbreak of the COVID-19 pandemic, is acting as another significant growth-inducing factor. Furthermore, the rising emphasis on creating an agile information technology (IT) environment by the leading enterprises to stay competitive in changing conditions is expected to bolster the cloud professional services market in the coming years. 

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In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

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.

Key Market Segmentation:

The report has categorized the market based on service, organization size, deployment model and end use industry.

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, South Africa, Others)

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Key highlights of the report:                                                    

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • 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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