Cloud professional services include consulting services such as advisory services, training services; system and network integration services such as performance testing services and application load, and others; and deployment and support services such as storage security services, data backup and recovery services, and others. The growing awareness amongst the consumers regarding the benefits of utilizing cloud-based solutions and professional services is driving the growth of the cloud professional services market. Moreover, increasing IT spending and growing demand for flexible and high-security solutions is also rising demand for the cloud professional services market.
MARKET DYNAMICS
Increasing shifting towards cloud-based solutions due to its efficiency and cost-effectiveness coupled with the rising complexity in the cloud environment is the major factor driving the growth of the cloud professional services market. Rising needs to secure IT operations and growing requirements for database management with reduced costs are also influencing the growth of the market. Furthermore, a number of small and medium-sized businesses (SMEs), as well as the large enterprises across a wide gamut of verticals such as BFSI, IT & telecom, healthcare, government, and others, are getting inclined towards adopting cloud services which are expected to boom the growth of the cloud professional services market during the forecast period.
MARKET SCOPE
The "Global Cloud Professional Services Market Analysis to 2028" is a specialized and in-depth study of the Cloud professional services industry with a special focus on the global market trend analysis. The report aims to provide an overview Cloud professional services market with detailed market segmentation as service type, service model, deployment, end-user, and geography. The global Cloud professional services market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cloud professional services market players and offers key trends and opportunities in the cloud professional services market.
MARKET SEGMENTATION
The global cloud professional services market is segmented on the basis service type, service model, deployment, end-user. On the basis of service type the market is segmented as consulting, system and network integration, deployment and support. On the basis of service model the market is segmented as software-as-a-service (SaaS), platform-as-a-service (PaaS), infrastructure-as-a-service (IaaS). On the basis of deployment the market is segmented as public cloud, private cloud, hybrid cloud. On the basis of end-user the market is segmented as BFSI, IT and telecom, manufacturing, retail and e-commerce, government, healthcare, education, media and entertainment, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Cloud professional services market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Cloud professional services market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Cloud professional services market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the cloud professional services market in these regions.
MARKET PLAYERS
The reports cover key developments in the cloud professional services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Cloud professional services market are anticipated to lucrative growth opportunities in the future with the rising demand for cloud professional services in the global market. Below mentioned is the list of few companies engaged in the cloud professional services market.
The report also includes the profiles of key cloud professional services companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Accenture plc
- Atos SE
- Capgemini SE
- Cisco Systems, Inc.
- Fujitsu Ltd
- Hewlett Packard Enterprise Development LP
- IBM Corporation
- Microsoft Corporation
- NTT DATA, Inc.
- Oracle Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.