The Asia Pacific Cloud Managed Services Market would witness market growth of 10.8% CAGR during the forecast period (2021-2027).
A company can control and decrease its network maintenance costs by outsourcing its cloud managed services. For small to medium-sized firms with simple networks, hiring a full-time IT workforce is too costly and often unneeded. Outsourcing their IT department to a cloud-first managed services provider. With cloud managed services, businesses can choose how much they want to spend for IT services and get a predictable monthly cost. For example, a tax service will require more assistance during the first quarter of the year and less during the second through fourth quarters due to a rise in consumer demand during tax season. In the evenings, when students come online after work, a private learning institution for working people will require the most assistance. Companies can minimize their IT support costs by choosing a fixed monthly service plan that best fits their needs.
Disaster recovery alternatives are available with managed cloud services to assist firms in saving their data in the event of a disaster. This is critical for businesses that rely on data, as a data loss or breach might spell the end of their operations. This is critical for businesses who use Amazon's web services. An AWS managed service provider can assist a firm by backing up their operating systems, file systems, and existing configurations to a secure location. This ensures that the firm has a backup of their data at all times.
The rise in the advancements of IT sector and many initiatives undertaken by the government authorities for the betterment of cloud computing technology would support the demand for cloud managed services in the regional market. Adoption of data centers is booming because of the rapid growth of BPOs in this region. Also, China and India are the major manufacturers in the region that are substantially investing in providing improved cloud managed services offerings to their customers.
Asia Pacific is predicted to be the most revolutionary region during the forecasted period because of the adoption of cloud management services by small and medium sized businesses. Expanding investments by major players existing in the region such as IBM and Google are strengthening the growth of cloud managed services. The hand of regional governments in making considerable investments to improve cloud infrastructure is not be underestimated.
The China market dominated the Asia Pacific Cloud Managed Services Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $12,617.4 million by 2027. The Japan market anticipated to grow at a CAGR of 10.1% during (2021 - 2027). Additionally, The India market would display a CAGR of 11.5% during (2021 - 2027).
Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on Vertical, the market is segmented into BFSI, IT & Telecom, Manufacturing, Government, Retail, Healthcare, Energy & Utilities, and Others. Based on Service Type, the market is segmented into Managed Infrastructure Services, Managed Network Services, Managed Security Services, Managed Communication & Collaboration Services, Managed Business Services, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Cloud Managed Services Market is Projected to reach USD 153.5 Billion by 2027, at a CAGR of 10.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Hewlett-Packard Enterprise Company, Ericsson AB, Cisco Systems, Inc., Atos Group, Accenture PLC, Fujitsu Limited, Infosys Limited, NTT Data Corporation, and Amazon Web Services, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By Vertical
- BFSI
- IT & Telecom
- Manufacturing
- Government
- Retail
- Healthcare
- Energy & Utilities
- Others
By Service Type
- Managed Infrastructure Services
- Managed Network Services
- Managed Security Services
- Managed Communication & Collaboration Services
- Managed Business Services
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
Companies Profiled
- IBM Corporation
- Hewlett-Packard Enterprise Company
- Ericsson AB
- Cisco Systems, Inc.
- Atos Group
- Accenture PLC
- Fujitsu Limited
- Infosys Limited
- NTT Data Corporation
- Amazon Web Services, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Cloud Managed Services Market, by Enterprise Size
1.4.2 Asia Pacific Cloud Managed Services Market, by Vertical
1.4.3 Asia Pacific Cloud Managed Services Market, by Service Type
1.4.4 Asia Pacific Cloud Managed Services Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Acquisition and Mergers
3.2.3 Product Launches and Product Expansions
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, Apr – 2022, Feb) Leading Players
Chapter 4. Asia Pacific Cloud Managed Services Market by Enterprise Size
4.1 Asia Pacific Large Enterprises Market by Country
4.2 Asia Pacific Small & Medium Enterprises (SMEs) Market by Country
Chapter 5. Asia Pacific Cloud Managed Services Market by Vertical
5.1 Asia Pacific BFSI Market by Country
5.2 Asia Pacific IT & Telecom Market by Country
5.3 Asia Pacific Manufacturing Market by Country
5.4 Asia Pacific Government Market by Country
5.5 Asia Pacific Retail Market by Country
5.6 Asia Pacific Healthcare Market by Country
5.7 Asia Pacific Energy & Utilities Market by Country
5.8 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Cloud Managed Services Market by Service Type
6.1 Asia Pacific Managed Infrastructure Services Market by Country
6.2 Asia Pacific Managed Network Services Market by Country
6.3 Asia Pacific Managed Security Services Market by Country
6.4 Asia Pacific Managed Communication & Collaboration Services Market by Country
6.5 Asia Pacific Managed Business Services Market by Country
6.6 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Cloud Managed Services Market by Country
7.1 China Cloud Managed Services Market
7.1.1 China Cloud Managed Services Market by Enterprise Size
7.1.2 China Cloud Managed Services Market by Vertical
7.1.3 China Cloud Managed Services Market by Service Type
7.2 Japan Cloud Managed Services Market
7.2.1 Japan Cloud Managed Services Market by Enterprise Size
7.2.2 Japan Cloud Managed Services Market by Vertical
7.2.3 Japan Cloud Managed Services Market by Service Type
7.3 India Cloud Managed Services Market
7.3.1 India Cloud Managed Services Market by Enterprise Size
7.3.2 India Cloud Managed Services Market by Vertical
7.3.3 India Cloud Managed Services Market by Service Type
7.4 South Korea Cloud Managed Services Market
7.4.1 South Korea Cloud Managed Services Market by Enterprise Size
7.4.2 South Korea Cloud Managed Services Market by Vertical
7.4.3 South Korea Cloud Managed Services Market by Service Type
7.5 Singapore Cloud Managed Services Market
7.5.1 Singapore Cloud Managed Services Market by Enterprise Size
7.5.2 Singapore Cloud Managed Services Market by Vertical
7.5.3 Singapore Cloud Managed Services Market by Service Type
7.6 Malaysia Cloud Managed Services Market
7.6.1 Malaysia Cloud Managed Services Market by Enterprise Size
7.6.2 Malaysia Cloud Managed Services Market by Vertical
7.6.3 Malaysia Cloud Managed Services Market by Service Type
7.7 Rest of Asia Pacific Cloud Managed Services Market
7.7.1 Rest of Asia Pacific Cloud Managed Services Market by Enterprise Size
7.7.2 Rest of Asia Pacific Cloud Managed Services Market by Vertical
7.7.3 Rest of Asia Pacific Cloud Managed Services Market by Service Type
Chapter 8. Company Profiles
8.1 IBM Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional & Segmental Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.5.3 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Hewlett Packard Enterprise Company
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Ericsson AB
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Geographical Expansions:
8.4 Cisco Systems, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.4.5.3 Acquisition and Mergers:
8.5 Atos Group
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Partnerships, Collaborations, and Agreements:
8.5.4.2 Product Launches and Product Expansions:
8.5.4.3 Acquisition and Mergers:
8.5.5 SWOT Analysis
8.6 Accenture PLC
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Acquisition and Mergers:
8.6.6 SWOT Analysis
8.7 Fujitsu Limited (Fujitsu Optical Components Limited)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Product Launches and Product Expansions:
8.7.6 SWOT Analysis
8.8 Infosys Limited (EdgeVerve Systems)
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Product Launches and Product Expansions:
8.8.5.3 Acquisition and Mergers:
8.8.6 SWOT Analysis
8.9 NTT Data Corporation
8.9.1 Company overview
8.9.2 Financial Analysis
8.9.3 Segmental Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Product Launches and Product Expansions:
8.9.5.3 Acquisition and Mergers:
8.9.5.4 Geographical Expansions:
8.9.6 SWOT Analysis
8.10. Amazon Web Services, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental Analysis
8.10.4 Recent strategies and developments:
8.10.4.1 Partnerships, Collaborations, and Agreements:
8.10.4.2 Acquisition and Mergers:
TABLE 1 Asia Pacific Cloud Managed Services Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Cloud Managed Services Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Cloud Managed Services Market
TABLE 4 Acquisition and Mergers – Cloud Managed Services Market
TABLE 5 Product Launches and Product Expansions – Cloud Managed Services Market
TABLE 6 Geographical expansions – Cloud Managed Services Market
TABLE 7 Asia Pacific Cloud Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Cloud Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Large Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Large Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Small & Medium Enterprises (SMEs) Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Small & Medium Enterprises (SMEs) Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Cloud Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Cloud Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 15 Asia Pacific BFSI Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific BFSI Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific IT & Telecom Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific IT & Telecom Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Manufacturing Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Manufacturing Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Government Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Government Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Retail Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Retail Market by Country, 2021 - 2027, USD Million
TABLE 25 Asia Pacific Healthcare Market by Country, 2017 - 2020, USD Million
TABLE 26 Asia Pacific Healthcare Market by Country, 2021 - 2027, USD Million
TABLE 27 Asia Pacific Energy & Utilities Market by Country, 2017 - 2020, USD Million
TABLE 28 Asia Pacific Energy & Utilities Market by Country, 2021 - 2027, USD Million
TABLE 29 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 30 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 31 Asia Pacific Cloud Managed Services Market by Service Type, 2017 - 2020, USD Million
TABLE 32 Asia Pacific Cloud Managed Services Market by Service Type, 2021 - 2027, USD Million
TABLE 33 Asia Pacific Managed Infrastructure Services Market by Country, 2017 - 2020, USD Million
TABLE 34 Asia Pacific Managed Infrastructure Services Market by Country, 2021 - 2027, USD Million
TABLE 35 Asia Pacific Managed Network Services Market by Country, 2017 - 2020, USD Million
TABLE 36 Asia Pacific Managed Network Services Market by Country, 2021 - 2027, USD Million
TABLE 37 Asia Pacific Managed Security Services Market by Country, 2017 - 2020, USD Million
TABLE 38 Asia Pacific Managed Security Services Market by Country, 2021 - 2027, USD Million
TABLE 39 Asia Pacific Managed Communication & Collaboration Services Market by Country, 2017 - 2020, USD Million
TABLE 40 Asia Pacific Managed Communication & Collaboration Services Market by Country, 2021 - 2027, USD Million
TABLE 41 Asia Pacific Managed Business Services Market by Country, 2017 - 2020, USD Million
TABLE 42 Asia Pacific Managed Business Services Market by Country, 2021 - 2027, USD Million
TABLE 43 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 44 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 45 Asia Pacific Cloud Managed Services Market by Country, 2017 - 2020, USD Million
TABLE 46 Asia Pacific Cloud Managed Services Market by Country, 2021 - 2027, USD Million
TABLE 47 China Cloud Managed Services Market, 2017 - 2020, USD Million
TABLE 48 China Cloud Managed Services Market, 2021 - 2027, USD Million
TABLE 49 China Cloud Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 50 China Cloud Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 51 China Cloud Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 52 China Cloud Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 53 China Cloud Managed Services Market by Service Type, 2017 - 2020, USD Million
TABLE 54 China Cloud Managed Services Market by Service Type, 2021 - 2027, USD Million
TABLE 55 Japan Cloud Managed Services Market, 2017 - 2020, USD Million
TABLE 56 Japan Cloud Managed Services Market, 2021 - 2027, USD Million
TABLE 57 Japan Cloud Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 58 Japan Cloud Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 59 Japan Cloud Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 60 Japan Cloud Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 61 Japan Cloud Managed Services Market by Service Type, 2017 - 2020, USD Million
TABLE 62 Japan Cloud Managed Services Market by Service Type, 2021 - 2027, USD Million
TABLE 63 India Cloud Managed Services Market, 2017 - 2020, USD Million
TABLE 64 India Cloud Managed Services Market, 2021 - 2027, USD Million
TABLE 65 India Cloud Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 66 India Cloud Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 67 India Cloud Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 68 India Cloud Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 69 India Cloud Managed Services Market by Service Type, 2017 - 2020, USD Million
TABLE 70 India Cloud Managed Services Market by Service Type, 2021 - 2027, USD Million
TABLE 71 South Korea Cloud Managed Services Market, 2017 - 2020, USD Million
TABLE 72 South Korea Cloud Managed Services Market, 2021 - 2027, USD Million
TABLE 73 South Korea Cloud Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 74 South Korea Cloud Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 75 South Korea Cloud Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 76 South Korea Cloud Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 77 South Korea Cloud Managed Services Market by Service Type, 2017 - 2020, USD Million
TABLE 78 South Korea Cloud Managed Services Market by Service Type, 2021 - 2027, USD Million
TABLE 79 Singapore Cloud Managed Services Market, 2017 - 2020, USD Million
TABLE 80 Singapore Cloud Managed Services Market, 2021 - 2027, USD Million
TABLE 81 Singapore Cloud Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 82 Singapore Cloud Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 83 Singapore Cloud Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 84 Singapore Cloud Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 85 Singapore Cloud Managed Services Market by Service Type, 2017 - 2020, USD Million
TABLE 86 Singapore Cloud Managed Services Market by Service Type, 2021 - 2027, USD Million
TABLE 87 Malaysia Cloud Managed Services Market, 2017 - 2020, USD Million
TABLE 88 Malaysia Cloud Managed Services Market, 2021 - 2027, USD Million
TABLE 89 Malaysia Cloud Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 90 Malaysia Cloud Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 91 Malaysia Cloud Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 92 Malaysia Cloud Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 93 Malaysia Cloud Managed Services Market by Service Type, 2017 - 2020, USD Million
TABLE 94 Malaysia Cloud Managed Services Market by Service Type, 2021 - 2027, USD Million
TABLE 95 Rest of Asia Pacific Cloud Managed Services Market, 2017 - 2020, USD Million
TABLE 96 Rest of Asia Pacific Cloud Managed Services Market, 2021 - 2027, USD Million
TABLE 97 Rest of Asia Pacific Cloud Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 98 Rest of Asia Pacific Cloud Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 99 Rest of Asia Pacific Cloud Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 100 Rest of Asia Pacific Cloud Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 101 Rest of Asia Pacific Cloud Managed Services Market by Service Type, 2017 - 2020, USD Million
TABLE 102 Rest of Asia Pacific Cloud Managed Services Market by Service Type, 2021 - 2027, USD Million
TABLE 103 Key information – IBM Corporation
TABLE 104 key information – Hewlett Packard Enterprise Company
TABLE 105 key information – Ericsson AB
TABLE 106 Key Information – Cisco Systems, Inc.
TABLE 107 key information – Atos Group
TABLE 108 Key information – Accenture PLC
TABLE 109 Key Information – Fujitsu Limited
TABLE 110 Key Information – Infosys Limited
TABLE 111 Key Information – NTT Data Corporation
TABLE 112 Key Information – Amazon Web Services, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, Apr – 2022, Feb) Leading Players
FIG 5 Recent strategies and developments: IBM Corporation
FIG 6 Swot analysis: IBM Corporation
FIG 7 Recent strategies and developments: Hewlett-Packard Enterprise Company
FIG 8 SWOT analysis: Hewlett-Packard enterprise Company
FIG 9 Recent strategies and developments: Ericsson AB
FIG 10 Recent strategies and developments: Cisco Systems, Inc.
FIG 11 Recent strategies and developments: Atos Group
FIG 12 SWOT Analysis: Atos Group
FIG 13 Recent strategies and developments: Accenture PLC
FIG 14 Swot analysis: Accenture plc
FIG 15 SWOT Analysis: Fujitsu Limited
FIG 16 Recent strategies and developments: Infosys Limited
FIG 17 SWOT Analysis: Infosys Limited
FIG 18 Recent strategies and developments: NTT Data Corporation
FIG 19 SWOT Analysis: NTT Data Corporation
FIG 20 Recent strategies and developments: Amazon Web Services, Inc.