Cloud Managed Services Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Market Report Covers Global Cloud Managed IT Services Companies and is segmented by type (infrastructure service and network service), end-user industry (BFSI, IT & telecom, and retail), and geography (North America (US, Canada), Europe (Germany, UK, France, and rest of Europe), Asia Pacific (India, China, Japan, and Rest of Asia-Pacific), Latin America (Mexico, Brazil, and rest of Latin America), and Middle East & Africa (UAE, Saudi Arabia, and rest of Middle East & Africa)). The market size and forecasts are provided in value (USD million) for all the above segments.

Cloud Managed Services Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Cloud Managed Services Market Size

Cloud Managed Services Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 16.00 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

Cloud Managed Services Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Cloud Managed Services Market with other markets in Technology, Media and Telecom Industry

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Cloud Managed Services Market Analysis

The Cloud Managed Services Market is expected to register a CAGR of 16% during the forecast period.

  • Outsourcing cloud services to third-party enables the organizations to focus on their core competencies, thereby enhancing overall productivity. The expanding data space created a higher demand for managed analytical and cloud storage services. Also, the increasing demand for reliability and scalability further elevates the need for these services, enabling enterprises to scale up their operations by providing custom-made offerings to the available services.
  • As various organizations, such as American Red Cross, Netflix, and Rovio, are increasingly utilizing a wide array of Software-as-a-Service (SaaS) applications and various other cloud-based services, the demand for cloud-based managed security services is set to increase. Increasing penetration of mobile devices and the trend of BYOD in multiple organizations are also likely to drive the demand for this market, to manage these devices for utilization and security need. Around 67% of the workforce is expected to adopt their own devices, which may further drive the cloud-managed services market growth. However, concerns regarding cloud privacy are estimated to challenge the market's growth.
  • The rapid adoption of cloud services drives cloud-managed services by enterprises across the world. Higher flexibility and the introduction of a 'pay as you go' model have enabled small & medium enterprises to emerge as the most promising consumers of cloud services. As a result, the cloud-managed services market is set to register high growth with the continually increasing cloud services adoption.
  • Cloud-managed services involve numerous third parties outsourcing their skills, including infrastructures for web applications, virtualization, mobility, networks, endpoints, and databases. Thus, corporations may choose the cloud because sensitive business information may be exposed. MSPs assist companies in maintaining appropriate security and privacy protections for the data they deploy over the cloud. They guarantee consumers complete network security and encryption for added safety.
  • Globally considered, COVID-19 altered how company operations function. The COVID-19 outbreak highlighted flaws in business models across industries, but it also provided chances for cloud-managed service providers to grow their clientele among businesses. Due to the pandemic's forced global lockdown and remote working, small and large businesses were compelled to prioritize digital transformation and heavily employ cloud services. Organizations find that switching to the cloud is more affordable and flexible.

Cloud Managed Services Industry Overview

The cloud-managed services market is fragmented and fiercely competitive due to a sizeable number of large and small market players. Strategic initiatives like partnerships, agreements, and acquisitions have been some of the prominent features of this market. Some major players in this market are Ericsson Inc., Accenture plc, Accenture plc, International Business Machines Corporation, Huawei Technologies Co., Ltd., and NEC Corporation, among others.

  • February 2022 - LEAN, Kuwait's top national cloud solutions provider, announces introducing its cloud-managed services. The recently introduced service presents a unique option for businesses to concentrate their IT resources on attaining their goals. LEAN provides its clients with an integrated, optimized capability to manage their virtual data centers, disaster recovery, and backup & data protection services, reducing their capital and operational costs, improving security and compliance, and reducing risk with unheard-of speed and dependability. LEAN leverages its national cloud and professional services experience.

Cloud Managed Services Market Leaders

  1. Ericsson Inc.

  2. Accenture plc

  3. Cisco Systems, Inc.

  4. International Business Machines Corporation

  5. Huawei Technologies Co., Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Cloud Managed Services Market Concentration
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Cloud Managed Services Market News

  • September 2022: The enormous independent cloud and managed services software hosting company in the healthcare industry, CloudWave, announced that OpSus Cloud Services was just launched with seven more healthcare organizations, bringing the company's total number of hospitals and healthcare organizations to over 250. CloudWave completed the best quarter in the firm's history thanks to the new hospitals using OpSus Cloud Services.
  • June 2022: Eclit chose the HPE GreenLake edge-to-cloud platform to launch a new cloud portfolio and increase its managed IT services and infrastructure as a service offering, according to a statement from Hewlett-Packard Enterprise. Customers may implement custom solutions with an agile, scalable, pay-per-use cloud experience across all workloads thanks to the extensive services portfolio.

Cloud Managed Services Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 BFSI Sector is Expected to Drive Growth in the Market
    • 4.2.2 Increasing Adoption of Cloud Technology among Businesses for Managing their Application
  • 4.3 Market Restraints
    • 4.3.1 Concern over Cloud Security and Inefficiency of Cloud Managed Service Model
  • 4.4 Industry Value Chain Analysis
  • 4.5 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Buyers/Consumers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitute Products
    • 4.5.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By Type
    • 5.1.1 Infrastructure Service
    • 5.1.2 Network Service
  • 5.2 By End-User Industry
    • 5.2.1 BFSI
    • 5.2.2 IT & Telecom
    • 5.2.3 Retail
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.2 Europe
    • 5.3.2.1 United Kingdom
    • 5.3.2.2 Germany
    • 5.3.2.3 France
    • 5.3.2.4 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 India
    • 5.3.3.3 Japan
    • 5.3.3.4 Rest of Asia-Pacific
    • 5.3.4 Latin America
    • 5.3.4.1 Mexico
    • 5.3.4.2 Brazil
    • 5.3.4.3 Rest of Latin America
    • 5.3.5 Middle East and Africa
    • 5.3.5.1 United Arab Emirates
    • 5.3.5.2 Saudi Arabia
    • 5.3.5.3 Rest of Middle-East & Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Ericsson Inc.
    • 6.1.2 Accenture plc
    • 6.1.3 Cisco Systems, Inc.
    • 6.1.4 International Business Machines Corporation
    • 6.1.5 Huawei Technologies Co., Ltd.
    • 6.1.6 NEC Corporation
    • 6.1.7 Fujitsu Limited
    • 6.1.8 DXC Technology Company
    • 6.1.9 NTT DATA Corporation
    • 6.1.10 CenturyLink, Inc.
  • *List Not Exhaustive

7. INVESTMENT ANALYSIS

8. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Cloud Managed Services Industry Segmentation

Cloud Managed Services is outsourcing day-to-day IT management for cloud-based services and technical support to a third-party firm that automates and enhances your business operations. Internal IT departments only sometimes have the skills to monitor and manage a cloud environment effectively. More often than not, companies hire a third-party cloud-managed services provider to manage cloud security, computing, storage, network operations, application stacks, vendors, and more. The services provided by the cloud-managed services include managed network operations, cloud management, managed security actions, IT life cycle management, and application and mobility management.

The Cloud Managed Services Market is segmented by type (infrastructure service and network service), end-user industry (BFSI, IT & telecom, and retail), and geography (North America (US, Canada), Europe (Germany, UK, France, and rest of Europe), Asia Pacific (India, China, Japan, and Rest of Asia-Pacific), Latin America (Mexico, Brazil, and rest of Latin America), and Middle East & Africa (UAE, Saudi Arabia, and rest of Middle East & Africa)). The market sizes and forecasts are provided in value (USD million) for all the above segments.

By Type Infrastructure Service
Network Service
By End-User Industry BFSI
IT & Telecom
Retail
Geography North America United States
Canada
Europe United Kingdom
Germany
France
Rest of Europe
Asia-Pacific China
India
Japan
Rest of Asia-Pacific
Latin America Mexico
Brazil
Rest of Latin America
Middle East and Africa United Arab Emirates
Saudi Arabia
Rest of Middle-East & Africa
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Cloud Managed Services Market Research FAQs

What is the current Cloud Managed Services Market size?

The Cloud Managed Services Market is projected to register a CAGR of 16% during the forecast period (2025-2030)

Who are the key players in Cloud Managed Services Market?

Ericsson Inc., Accenture plc, Cisco Systems, Inc., International Business Machines Corporation and Huawei Technologies Co., Ltd. are the major companies operating in the Cloud Managed Services Market.

Which is the fastest growing region in Cloud Managed Services Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Cloud Managed Services Market?

In 2025, the North America accounts for the largest market share in Cloud Managed Services Market.

What years does this Cloud Managed Services Market cover?

The report covers the Cloud Managed Services Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Cloud Managed Services Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Cloud Managed Services Industry Report

Statistics for the 2025 Cloud Managed Services market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Cloud Managed Services analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.