COVID-19 Pandemic Accelerates Managed Cloud Services Adoption

COVID-19 Pandemic Accelerates Managed Cloud Services Adoption

Growth Opportunities in the Managed Cloud Services Market

RELEASE DATE
15-Sep-2021
REGION
North America
Research Code: K5F2-01-00-00-00
SKU: IT04385-NA-MT_25777
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Description

In the wake of the COVID-19 pandemic, as the world transitioned to remote work and remote learning, digital transformation came to the forefront of urgent enterprise priorities. Most industries across regions underwent several years of digital transformation in just a few months. Cloud technologies have been a huge beneficiary of this shift. However, as the complexity and urgency of cloud deployments and application modernization increase, resource-strapped enterprise IT are turning to third-party cloud managed services providers for help and direction.
According to the 2020 Frost & Sullivan research, nearly two-thirds of businesses worldwide have invested in some sort of managed cloud services, with another 25% planning to add or expand their use of such services in the next two years. In this report, we delve into how the market for managed cloud services market has evolved over the years, the factors that will help this market grow, key challenges for service providers in this market and growth opportunities for the future. In a separate report, we will take a closer look at the competitive landscape and key players in this space.

Author: Anisha Vinny

Table of Contents

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top Three Strategic Imperatives on the Managed Cloud Services Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Growth Market Overview

Growth Market Overview (continued)

What is a Managed Service?

What is a Managed Cloud Service?

Who is a Managed Cloud Service Provider?

Who is a Managed Cloud Service Provider? (continued)

Research Scope

Research Scope (continued)

Market Evolution—The Cloud Model

Market Evolution—Managed Services

Market Evolution—Hybrid & Multi-Cloud

Market Evolution—The Next Stage

Market Evolution—Enterprise-MSP Partnerships

Market Evolution—Responding to Innovation

Growth Drivers for Managed Cloud Services

Growth Driver Analysis for the Managed Cloud Services Market

Growth Driver Analysis for the Managed Cloud Services Market (continued)

Growth Driver Analysis for the Managed Cloud Services Market (continued)

Growth Restraints for Managed Cloud Services Market

Growth Restraint Analysis for Managed Cloud Services Market

Growth Opportunity 1—Target the Under-served SMB Market

Growth Opportunity 1—Target the Under-served SMB Market (continued)

Growth Opportunity 2—Implement Flexible Pricing & Terms

Growth Opportunity 2—Implement Flexible Pricing & Terms (continued)

Growth Opportunity 3—Build Out Data Expertise

Growth Opportunity 3—Build Out Data Expertise (continued)

Growth Opportunity 4—Develop Industry Focused Managed Cloud Services

Growth Opportunity 4—Develop Industry Focused Managed Cloud Services (continued)

Market Definitions

Market Definitions (continued)

Market Definitions (continued)

Market Definitions (continued)

List of Exhibits

Legal Disclaimer

In the wake of the COVID-19 pandemic, as the world transitioned to remote work and remote learning, digital transformation came to the forefront of urgent enterprise priorities. Most industries across regions underwent several years of digital transformation in just a few months. Cloud technologies have been a huge beneficiary of this shift. However, as the complexity and urgency of cloud deployments and application modernization increase, resource-strapped enterprise IT are turning to third-party cloud managed services providers for help and direction. According to the 2020 Frost & Sullivan research, nearly two-thirds of businesses worldwide have invested in some sort of managed cloud services, with another 25% planning to add or expand their use of such services in the next two years. In this report, we delve into how the market for managed cloud services market has evolved over the years, the factors that will help this market grow, key challenges for service providers in this market and growth opportunities for the future. In a separate report, we will take a closer look at the competitive landscape and key players in this space. Author: Anisha Vinny
More Information
No Index No
Podcast No
Author Anisha Vinny
Industries Information Technology
WIP Number K5F2-01-00-00-00
Is Prebook No
GPS Codes 9705-C1,9658