The cloud managed services market is expected to grow at a CAGR of 9.79%, reaching a market size of US$254.578 billion in 2030 from US$159.788 billion in 2025.
Cloud-managed services comprise an ecosystem of services such as 24/7 help desk support, operation management, engineering on demand, and hosting managed by third-party organizations. These services also include managed network operations, security operations, applications, and mobility.
Cloud-managed services establish a structural framework that plays an important role in preventing unauthorized data access, thereby reducing the risk of data theft against any organization. With the growing global cases of data breaches and cyber-attacks, the demand for cloud managed services is estimated to move forward.
For instance, IT Governance UK, in its report, stated that in April 2024, the globe witnessed about 5.336 billion records breached. The total number of records breached grew significantly from March 2024, when 299.368 million records were breached. The report further stated that the IT services and software industry witnessed the majority of cases, with about 5,244.119 million records breached, followed by 18.301 million in the manufacturing industry and about 15.280 million in the insurance industry.
Cloud managed services Market Drivers
Growing demand for improving operational efficiency drives market expansion.
Increased demand for performance and reliability will boost service demand, allowing businesses to move data between their operations by providing custom-made solutions to the services available. Companies are more focused on lowering IT expenses, fueling future demand. For instance, pay-as-you-go enables companies to use services until they want, and no payment is made in advance. Such a method saves a lot of capital for companies, as payment is only made for the resources used.
Cloud managed Services Market Geographical Outlook
Asia Pacific is witnessing exponential growth during the forecast period.
During the projection period, the APAC region is expected to see substantial expansion fuelled by the increased investment in cloud computing and favourable initiatives to digitize the economy, such as “Industry 4.0”. Moreover, due to the increased acceptance of cloud-managed services by small and medium-sized organizations, it is likely to drive market expansion. Asia Pacific is anticipated to witness the fastest region over the forecast period.
Additionally, the growing strength of SMEs, which account for a major portion of the employed workforce in major APAC economies, namely India and China, has bolstered the requirement for appropriate IT infrastructure to provide 24/7 desktop support. This has provided a wider scope for cloud-managed services in the region.
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Report Coverage:
Historical data & forecasts from 2022 to 2030
Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
Competitive Positioning, Strategies, and Market Share Analysis
Revenue Growth and Forecast Assessment of segments and regions including countries
Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
The cloud managed services market is segmented and analyzed as follows:
By Server Type
Cloud Enablement
Cloud Migration
Management and Optimization
Security and Compliance
By Enterprise Size
Small
Medium
Large
By End-User Industry
BFSI
Healthcare
Education
Government
Communication and Technology
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Italy
Others
Middle East and Africa
Saudi Arabia
UAE
Israel
Others
Asia Pacific
China
India
Japan
South Korea
Taiwan
Thailand
Indonesia
Others
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