Cloud Managed Services Global Market Report 2022: Growth in Anything-As-A-Service Technologies Presents Opportunities

Cloud Managed Services Global Market Report 2022: Growth in Anything-As-A-Service Technologies Presents Opportunities

Nov 24, 2022 by PR Newswire

Key Facts

  • The Cloud managed services market size is expected to grow from USD 99.0 billion in 2022 to USD 164.0 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period.
  • Growing innovation and investment in cloud services with the remote working environment is boosting the growth of the cloud-managed services market.
  • The BFSI vertical, which was initially hesitant to opt for digital transformation, is now embracing the benefits of cloud services.
  • North America to hold largest market share of cloud managed services market in 2022 North America comprises the US and Canada.

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