Global Professional Cloud Services Market Research Report 2021, Size, CAGR Value, Growth Rate, Latest Trends, Future Demand, Business Investment Plans, SWOT Analysis, Forecast to 2030

In a recently published report, Global Professional Cloud Services Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Professional Cloud Services Market products.

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further projected to touch USD 6 million by 2023.

Cloud Professional services firms recommend clients to focus on their core competency and let certain tasks be handled by external specialists to get the best result. It allows companies to put to good use the data stored on the cloud via big data analytics. Companies which greatly depend on supply chain like Wal-Mart, Zara, Google, eBay etc. use big data to regularly develop their supply chain. E-commerce companies like Amazon, stores customers’ information and preferences which creates a huge amount of data. This helps the site to be personalized as per the user.
Cloud platform services allow thousands of customers to use the same resources resulting in savings in cost and manpower. Moreover, Cloud professional services can adapt easily to the changing landscape and meet the new requirements by making sure that the applications can be easily configured and build entirely new ones in a very short time.

Market Dynamics
The ease with which organizations can use cloud-based applications is one of the prime drivers for the professional cloud services market. The data security concerns associated with the cloud and technological constraints giving rise to network and application performance problems put constraints on the market.

Market Segmentation
The market is segmented by the type of services (consulting services, system and network integration services, and deployment and support services), by service model (Software-as-a-service (SaaS), Infrastructure-as-a-service (IaaS) and Platform-as-a-service (PaaS)), by deployment model (Private cloud, Public cloud and Hybrid cloud) and by verticals (banking and financial services, insurance, public sector and utilities, transportation, healthcare, telecommunication and IT, education, retail, manufacturing, and others).

Geographic Analysis
North America leads the professional cloud services market. However, regions like the Middle East and Africa, Latin America and Asia-Pacific are expected to be major contributors to this market over the next decade.

Key Players
Some of the major players in the market include Accenture, HCL Technologies, Hewlett- Packard, IBM, PricewaterhouseCoopers, AT&T, Verizon, Oracle, Infosys and Microsoft.

Report ContentsRegional AnalysisReport Highlights
Global Market segments
Global Market Drivers, Restraints and Opportunities
Global Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Global Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

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