The Europe Cloud Managed Services Market would witness market growth of 9.8% CAGR during the forecast period (2021-2027).
The market for cloud managed services is expected to grow extensively during the forecast period because of adoption by large IT companies for the purpose of reducing capital costs and transferring them into operational expenses. Big data analytics and the increasing need of different businesses to concentrate on their core function may bring humongous growth opportunities for the cloud managed service market. The need of the hour is scalability and reliability and this will ensure that the cloud managed service market has enormous growth potential.
Firms get on-demand access to skilled and qualified resources with deep domain knowledge in their area of expertise when they choose a Cloud Managed Services Provider. These resources not only assist the firms in developing a customized blueprint to help them achieve broader business objectives, but also provide them with timely strategic advice and help them execute a tried and true set of processes so that firms can fully leverage their IT environment.
Managed cloud services are flexible and adaptable. They can transfer data quickly and process massive amounts of data in real time. This is critical in terms of saving time and money for the company. With these services at one’s disposal, one can focus on other areas where one needs to improve their strategies and plans.
Across different nations in Europe, expenditure on information technology and cloud computing are aimed at achieving digitalization. The goal of digitalization of industries is achievable through the use of hybrid cloud. Cloud infrastructure is used to create and implement new and exciting projects and approaches. All the important players in this region are investing huge amounts of resources in research and development activities to supply businesses with multichannel cloud strategies and meet the demands of progressively changing digital landscape. For example, in October 2019, NTT Limited, a major technology service provider, released a new cloud platform in Paris. As a result of this technical leap, SMEs in France and other regions will get a head start while adopting a hybrid and multichannel cloud strategy. Additionally, government initiatives like the G-Cloud framework are helping governments and firms in the region utilize these services effectively.
The Germany market dominated the Europe Cloud Managed Services Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $9,893.7 million by 2027. The UK market is poised to grow at a CAGR of 8.9% during (2021 - 2027). Additionally, The France market would showcase a CAGR of 10.6% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Cloud Managed Services Market Size will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Cloud Managed Services Market, by Enterprise Size
1.4.2 Europe Cloud Managed Services Market, by Vertical
1.4.3 Europe Cloud Managed Services Market, by Service Type
1.4.4 Europe 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. Europe Cloud Managed Services Market by Enterprise Size
4.1 Europe Large Enterprises Market by Country
4.2 Europe Small & Medium Enterprises (SMEs) Market by Country
Chapter 5. Europe Cloud Managed Services Market by Vertical
5.1 Europe BFSI Market by Country
5.2 Europe IT & Telecom Market by Country
5.3 Europe Manufacturing Market by Country
5.4 Europe Government Market by Country
5.5 Europe Retail Market by Country
5.6 Europe Healthcare Market by Country
5.7 Europe Energy & Utilities Market by Country
5.8 Europe Others Market by Country
Chapter 6. Europe Cloud Managed Services Market by Service Type
6.1 Europe Managed Infrastructure Services Market by Country
6.2 Europe Managed Network Services Market by Country
6.3 Europe Managed Security Services Market by Country
6.4 Europe Managed Communication & Collaboration Services Market by Country
6.5 Europe Managed Business Services Market by Country
6.6 Europe Others Market by Country
Chapter 7. Europe Cloud Managed Services Market by Country
7.1 Germany Cloud Managed Services Market
7.1.1 Germany Cloud Managed Services Market by Enterprise Size
7.1.2 Germany Cloud Managed Services Market by Vertical
7.1.3 Germany Cloud Managed Services Market by Service Type
7.2 UK Cloud Managed Services Market
7.2.1 UK Cloud Managed Services Market by Enterprise Size
7.2.2 UK Cloud Managed Services Market by Vertical
7.2.3 UK Cloud Managed Services Market by Service Type
7.3 France Cloud Managed Services Market
7.3.1 France Cloud Managed Services Market by Enterprise Size
7.3.2 France Cloud Managed Services Market by Vertical
7.3.3 France Cloud Managed Services Market by Service Type
7.4 Russia Cloud Managed Services Market
7.4.1 Russia Cloud Managed Services Market by Enterprise Size
7.4.2 Russia Cloud Managed Services Market by Vertical
7.4.3 Russia Cloud Managed Services Market by Service Type
7.5 Spain Cloud Managed Services Market
7.5.1 Spain Cloud Managed Services Market by Enterprise Size
7.5.2 Spain Cloud Managed Services Market by Vertical
7.5.3 Spain Cloud Managed Services Market by Service Type
7.6 Italy Cloud Managed Services Market
7.6.1 Italy Cloud Managed Services Market by Enterprise Size
7.6.2 Italy Cloud Managed Services Market by Vertical
7.6.3 Italy Cloud Managed Services Market by Service Type
7.7 Rest of Europe Cloud Managed Services Market
7.7.1 Rest of Europe Cloud Managed Services Market by Enterprise Size
7.7.2 Rest of Europe Cloud Managed Services Market by Vertical
7.7.3 Rest of Europe 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 Europe Cloud Managed Services Market, 2017 - 2020, USD Million
TABLE 2 Europe 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 Europe Cloud Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 8 Europe Cloud Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 9 Europe Large Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 10 Europe Large Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 11 Europe Small & Medium Enterprises (SMEs) Market by Country, 2017 - 2020, USD Million
TABLE 12 Europe Small & Medium Enterprises (SMEs) Market by Country, 2021 - 2027, USD Million
TABLE 13 Europe Cloud Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 14 Europe Cloud Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 15 Europe BFSI Market by Country, 2017 - 2020, USD Million
TABLE 16 Europe BFSI Market by Country, 2021 - 2027, USD Million
TABLE 17 Europe IT & Telecom Market by Country, 2017 - 2020, USD Million
TABLE 18 Europe IT & Telecom Market by Country, 2021 - 2027, USD Million
TABLE 19 Europe Manufacturing Market by Country, 2017 - 2020, USD Million
TABLE 20 Europe Manufacturing Market by Country, 2021 - 2027, USD Million
TABLE 21 Europe Government Market by Country, 2017 - 2020, USD Million
TABLE 22 Europe Government Market by Country, 2021 - 2027, USD Million
TABLE 23 Europe Retail Market by Country, 2017 - 2020, USD Million
TABLE 24 Europe Retail Market by Country, 2021 - 2027, USD Million
TABLE 25 Europe Healthcare Market by Country, 2017 - 2020, USD Million
TABLE 26 Europe Healthcare Market by Country, 2021 - 2027, USD Million
TABLE 27 Europe Energy & Utilities Market by Country, 2017 - 2020, USD Million
TABLE 28 Europe Energy & Utilities Market by Country, 2021 - 2027, USD Million
TABLE 29 Europe Others Market by Country, 2017 - 2020, USD Million
TABLE 30 Europe Others Market by Country, 2021 - 2027, USD Million
TABLE 31 Europe Cloud Managed Services Market by Service Type, 2017 - 2020, USD Million
TABLE 32 Europe Cloud Managed Services Market by Service Type, 2021 - 2027, USD Million
TABLE 33 Europe Managed Infrastructure Services Market by Country, 2017 - 2020, USD Million
TABLE 34 Europe Managed Infrastructure Services Market by Country, 2021 - 2027, USD Million
TABLE 35 Europe Managed Network Services Market by Country, 2017 - 2020, USD Million
TABLE 36 Europe Managed Network Services Market by Country, 2021 - 2027, USD Million
TABLE 37 Europe Managed Security Services Market by Country, 2017 - 2020, USD Million
TABLE 38 Europe Managed Security Services Market by Country, 2021 - 2027, USD Million
TABLE 39 Europe Managed Communication & Collaboration Services Market by Country, 2017 - 2020, USD Million
TABLE 40 Europe Managed Communication & Collaboration Services Market by Country, 2021 - 2027, USD Million
TABLE 41 Europe Managed Business Services Market by Country, 2017 - 2020, USD Million
TABLE 42 Europe Managed Business Services Market by Country, 2021 - 2027, USD Million
TABLE 43 Europe Others Market by Country, 2017 - 2020, USD Million
TABLE 44 Europe Others Market by Country, 2021 - 2027, USD Million
TABLE 45 Europe Cloud Managed Services Market by Country, 2017 - 2020, USD Million
TABLE 46 Europe Cloud Managed Services Market by Country, 2021 - 2027, USD Million
TABLE 47 Germany Cloud Managed Services Market, 2017 - 2020, USD Million
TABLE 48 Germany Cloud Managed Services Market, 2021 - 2027, USD Million
TABLE 49 Germany Cloud Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 50 Germany Cloud Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 51 Germany Cloud Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 52 Germany Cloud Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 53 Germany Cloud Managed Services Market by Service Type, 2017 - 2020, USD Million
TABLE 54 Germany Cloud Managed Services Market by Service Type, 2021 - 2027, USD Million
TABLE 55 UK Cloud Managed Services Market, 2017 - 2020, USD Million
TABLE 56 UK Cloud Managed Services Market, 2021 - 2027, USD Million
TABLE 57 UK Cloud Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 58 UK Cloud Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 59 UK Cloud Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 60 UK Cloud Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 61 UK Cloud Managed Services Market by Service Type, 2017 - 2020, USD Million
TABLE 62 UK Cloud Managed Services Market by Service Type, 2021 - 2027, USD Million
TABLE 63 France Cloud Managed Services Market, 2017 - 2020, USD Million
TABLE 64 France Cloud Managed Services Market, 2021 - 2027, USD Million
TABLE 65 France Cloud Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 66 France Cloud Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 67 France Cloud Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 68 France Cloud Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 69 France Cloud Managed Services Market by Service Type, 2017 - 2020, USD Million
TABLE 70 France Cloud Managed Services Market by Service Type, 2021 - 2027, USD Million
TABLE 71 Russia Cloud Managed Services Market, 2017 - 2020, USD Million
TABLE 72 Russia Cloud Managed Services Market, 2021 - 2027, USD Million
TABLE 73 Russia Cloud Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 74 Russia Cloud Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 75 Russia Cloud Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 76 Russia Cloud Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 77 Russia Cloud Managed Services Market by Service Type, 2017 - 2020, USD Million
TABLE 78 Russia Cloud Managed Services Market by Service Type, 2021 - 2027, USD Million
TABLE 79 Spain Cloud Managed Services Market, 2017 - 2020, USD Million
TABLE 80 Spain Cloud Managed Services Market, 2021 - 2027, USD Million
TABLE 81 Spain Cloud Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 82 Spain Cloud Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 83 Spain Cloud Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 84 Spain Cloud Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 85 Spain Cloud Managed Services Market by Service Type, 2017 - 2020, USD Million
TABLE 86 Spain Cloud Managed Services Market by Service Type, 2021 - 2027, USD Million
TABLE 87 Italy Cloud Managed Services Market, 2017 - 2020, USD Million
TABLE 88 Italy Cloud Managed Services Market, 2021 - 2027, USD Million
TABLE 89 Italy Cloud Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 90 Italy Cloud Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 91 Italy Cloud Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 92 Italy Cloud Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 93 Italy Cloud Managed Services Market by Service Type, 2017 - 2020, USD Million
TABLE 94 Italy Cloud Managed Services Market by Service Type, 2021 - 2027, USD Million
TABLE 95 Rest of Europe Cloud Managed Services Market, 2017 - 2020, USD Million
TABLE 96 Rest of Europe Cloud Managed Services Market, 2021 - 2027, USD Million
TABLE 97 Rest of Europe Cloud Managed Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 98 Rest of Europe Cloud Managed Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 99 Rest of Europe Cloud Managed Services Market by Vertical, 2017 - 2020, USD Million
TABLE 100 Rest of Europe Cloud Managed Services Market by Vertical, 2021 - 2027, USD Million
TABLE 101 Rest of Europe Cloud Managed Services Market by Service Type, 2017 - 2020, USD Million
TABLE 102 Rest of Europe 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.