Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 24.86 Billion | USD 107.61 Billion | 17.68% | 2023 |
List of Figures
FIG NO. 1. Market Attractiveness Analysis, By Service Type
FIG NO. 2. Market Attractiveness Analysis, By Industrial Vertical
FIG NO. 3. Market Attractiveness Analysis, By Region
FIG NO. 4. Global Cloud Professional Services Market Revenue, 2016 – 2028 (USD Million)
FIG NO. 5. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 6. Market Revenue Share, By Service Type, 2020 & 2028
FIG NO. 7. Global Cloud Professional Services Market for Integration and Optimization, Revenue (USD Million) 2016 – 2028
FIG NO. 8. Comparative Revenue Analysis of Cloud Professional Services Market for Integration and Optimization, By Country, 2020 & 2028
FIG NO. 9. Global Cloud Professional Services Market for Consulting, Revenue (USD Million) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of Cloud Professional Services Market for Consulting, By Country, 2020 & 2028
FIG NO. 11. Global Cloud Professional Services Market for Implementation and Migration, Revenue (USD Million) 2016 – 2028
FIG NO. 12. Comparative Revenue Analysis of Cloud Professional Services Market for Implementation and Migration, By Country, 2020 & 2028
FIG NO. 13. Global Cloud Professional Services Market for Application Development, Revenue (USD Million) 2016 – 2028
FIG NO. 14. Comparative Revenue Analysis of Cloud Professional Services Market for Application Development, By Country, 2020 & 2028
FIG NO. 15. Market Revenue Share, By Industrial Vertical, 2020 & 2028
FIG NO. 16. Global Cloud Professional Services Market for BFSI, Revenue (USD Million) 2016 – 2028
FIG NO. 17. Comparative Revenue Analysis of Cloud Professional Services Market for BFSI, By Country, 2020 & 2028
FIG NO. 18. Global Cloud Professional Services Market for Healthcare, Revenue (USD Million) 2016 – 2028
FIG NO. 19. Comparative Revenue Analysis of Cloud Professional Services Market for Healthcare, By Country, 2020 & 2028
FIG NO. 20. Global Cloud Professional Services Market for Retail, Revenue (USD Million) 2016 – 2028
FIG NO. 21. Comparative Revenue Analysis of Cloud Professional Services Market for Retail, By Country, 2020 & 2028
FIG NO. 22. Global Cloud Professional Services Market Revenue Share, By Region, 2020 & 2028
FIG NO. 23. North America Cloud Professional Services Market Revenue, 2016 - 2028 (USD Million)
FIG NO. 24. Porter’s Five Forces Analysis for Global Cloud Professional Services Market
FIG NO. 25. PEST Analysis for Global Cloud Professional Services Market
FIG NO. 26. Pricing Analysis for Global Cloud Professional Services Market
FIG NO. 27. Value Chain Analysis for Global Cloud Professional Services Market
FIG NO. 28. Company Share Analysis, 2019
FIG NO. 29. Radar Determinant Chart, 2019
FIG NO. 30. Company Strategic Developments – Heat Map Analysis
FIG NO. 31. Capgemini SE Business Segment Revenue Share, 2020 (%)
FIG NO. 32. Capgemini SE Geographical Segment Revenue Share, 2020 (%)
FIG NO. 33. Market Channels
FIG NO. 34. Marketing Channel Development Trend
FIG NO. 35. Growth in World Gross Product, 2008-2018
FIG NO. 36. Research Methodology – Detailed View
FIG NO. 37. Research Methodology
List of Tables
TABLE NO. 1. Global Cloud Professional Services Market: Snapshot
TABLE NO. 2. Quarterly Cloud Professional Services Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Cloud Professional Services Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
TABLE NO. 6. Global Cloud Professional Services Market for Integration and Optimization, by Region, 2016 – 2028 (USD Million)
TABLE NO. 7. Global Cloud Professional Services Market for Consulting, by Region, 2016 – 2028 (USD Million)
TABLE NO. 8. Global Cloud Professional Services Market for Implementation and Migration, by Region, 2016 – 2028 (USD Million)
TABLE NO. 9. Global Cloud Professional Services Market for Application Development, by Region, 2016 – 2028 (USD Million)
TABLE NO. 10. Global Cloud Professional Services Market for BFSI, by Region, 2016 – 2028 (USD Million)
TABLE NO. 11. Global Cloud Professional Services Market for Healthcare, by Region, 2016 – 2028 (USD Million)
TABLE NO. 12. Global Cloud Professional Services Market for Retail, by Region, 2016 – 2028 (USD Million)
TABLE NO. 13. Global Cloud Professional Services Market Revenue, By Region, 2016 – 2028 (USD Million)
TABLE NO. 14. North America Cloud Professional Services Market Revenue, By Country, 2016 – 2028 (USD Million)
TABLE NO. 15. North America Cloud Professional Services Market Revenue, By Service Type, 2016 – 2028 (USD Million)
TABLE NO. 16. North America Cloud Professional Services Market Revenue, By Industrial Vertical, 2016 – 2028 (USD Million)
TABLE NO. 17. U.S. Cloud Professional Services Market Revenue, By Service Type, 2016 – 2028 (USD Million)
TABLE NO. 18. U.S. Cloud Professional Services Market Revenue, By Industrial Vertical, 2016 – 2028 (USD Million)
TABLE NO. 19. Canada Cloud Professional Services Market Revenue, By Service Type, 2016 – 2028 (USD Million)
TABLE NO. 20. Canada Cloud Professional Services Market Revenue, By Industrial Vertical, 2016 – 2028 (USD Million)
TABLE NO. 21. Mexico Cloud Professional Services Market Revenue, By Service Type, 2016 – 2028 (USD Million)
TABLE NO. 22. Mexico Cloud Professional Services Market Revenue, By Industrial Vertical, 2016 – 2028 (USD Million)
TABLE NO. 23. Drivers for the Cloud Professional Services Market: Impact Analysis
TABLE NO. 24. Restraints for the Cloud Professional Services Market: Impact Analysis
TABLE NO. 25. Major Buyers of Cloud Professional Services
TABLE NO. 26. Distributors/Traders List of Cloud Professional Services
TABLE NO. 27. Global Cloud Professional Services Market, Company Market Revenue, 2016 – 2019 (USD Million)
TABLE NO. 28. Global Cloud Professional Services Market, Company Y-o-Y Growth, 2017 – 2019 (USD Million)
FrequentlyAsked Questions
According to Zion Market Research, the global Cloud Professional Services Market was worth USD 24.86 Billion in 2023. The market is forecast to reach USD 107.61 Billion by 2032.
According to Zion Market Research, the global Cloud Professional Services Market a compound annual growth rate (CAGR) of 17.68% during the forecast period 2024-2032.
Some of the key factors driving the Global Cloud Professional Services Market growth are increasing adoption of the cloud is due to the variety of services offered by the cloud providers and CPS vendors having increased their offerings by using new technologies such as AI and ML with integrating the cloud platforms, thus creating an eco-system for the clients. The factors such as increased efficiency, risk mitigation, reduced cost and increased competition have been encouraging the organizations to opt for cloud professional services. Also, the cloud service providers and vendors have been making strategic partnerships to make cloud adoption a seamless experience for the customers.
North America held a share of 35% in 2020. It is supposed to be one of the highest revenue-generating regions for this market during the forecasted period. This high growth is due to the fact US markets have adopted the cloud based markets very early. The scarcity of the resources to create in-house facilities and increasing demand of using own devices are the factors helping this region to have a greater demand. The IT management complexity combined with the ability to deploy new applications faster are the primary drivers for this market.
Some of the key players in the Cloud Professional Services Market include Capgemini SE, Accenture PLC, Cisco Systems Inc., Amazon Web Services Inc. (Amazon.com, Inc.), Hewlett Packard Enterprise Company, Atos SE, Microsoft Corporation , Dell Technologies Inc., Fujitsu Limited, HCL Technologies Limited, Infosys Limited, NTT DATA Corporation (Nippon Telegraph and Telephone), Oracle Corporation and SAP SE.
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