The global Cloud Managed Services (CMS) market size is projected to grow from USD 62.4 billion in 2020 to USD 116.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 13.3% during the forecast period. Adoption of cloud managed services has increased as enterprises focus on key business operations. Business Services, Security Services, Network Services, Data Center Services, and Mobility Services are the major categories of Cloud Managed Services Market. Implementing these services can help businesses reduce IT and operational costs and increase their productivity.
A full report of Cloud Managed Services Market available at: https://www.orionmarketreports.com/cloud-managed-services-market/11451/
Some of the major players such as Cisco Systems, Inc., Ericsson, IBM Corporation, NTT Data Corporation, and Huwaei Technologies. Accenture Plc, Nokia Corporation, Fujitsu Ltd, DXC Technology, NEC Corporation.
Cloud Managed Services Market Segments:
By Industry Vertical
• Government
• Telecom and IT
• BFSI
• Retail
• Healthcare
• Energy
• Manufacturing
• Others
By Service Type
• Managed Network Services
• Managed Infrastructure Services
• Managed Data Center Services
• Managed Security Services
• Managed communication and collaboration services
• Others
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