Global Cloud-Based Managed Services Market to Exhibit 19.7% CAGR during 2016-2020 due to Growing Demand for Cloud Mobility Services


Published Date : May 09, 2016

ALBANY, New York, May 09, 2016: MarketResearchReports.biz has added a new research report on the global cloud-based managed services market. The report, titled “Global Cloud-Based Managed Services 2016-2020,” offers a comprehensive overview of the market and points out the key factors impacting the demand from the market during the period between 2016 and 2020. The report projects the global cloud-based managed services market to expand steadily at a CAGR of 19.7% during the period from 2016 and 2020. The overall market has been studied on the basis of types of cloud-based managed services and regions. The report further profiles some of the key players in the global cloud-based managed services market.

Cloud-based managed services refer to a wide range of services that help enterprises to regulate, monitor, and improve IT infrastructure. These services are cost-effective, offer reduced inventory, and hence, are highly sought after by organizations to develop an economical IT infrastructure.

The recent growth in cloud automation has led to an alignment of business needs with IT by increasing the delivery speed of services for end-users. Cloud automation enables the intelligent usage of data center infrastructure, thereby simplifying the deployment of sophisticated services across data centers, cloud environments, and mobile devices. High demand for cloud-based mobility services will boost the growth of the global cloud-based managed services market. Many organizations prefer managed services over traditional services due to benefits such as reduced IT cost and risk sharing. Cloud-based managed services help to reduce CAPEX for organizations and free up internal resources for core business functions. All these factors will contribute towards the growth of the global cloud-based managed services market during the forecast period.

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However, the lack of integration expertise is expected to hamper the market’s growth. The overall cloud-based managed services market has a huge opportunity to grow with the increasing demand for cloud mobility services across various industry verticals.

On the basis of type of managed services, the report segments the global cloud-based managed services market into cloud-based managed mobility services, cloud-based managed security services, cloud-based managed hosting services, and cloud-based managed network services. The report projects the cloud-based managed security services segment to register significant growth during the forecast horizon due to a rise in the usage of mobile data security services.

The report studies the global cloud-based managed services market across EMEA, APAC, and Americas and projects the growth of each of the regional markets.

Describing the competitive landscape, the report profiles some of the prominent players in the global cloud-based managed services market such as NTT Data Corp., HP Co., Cisco Systems Inc., IBM Corp., BT Global Services, Digital Realty, CenturyLink, Huawei, Intermec, Lockheed Martin, Microsoft, Netmagic, Tata Consultancy Services, Unisys, Verizon, Wipro, Zayo Group, Rackspace, Equinix, and Expedient. The report further provides detailed information about the key players including their company overview and recent developments.

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