Global Cloud Managed Services Market Size & Outlook
Global cloud managed services market, 2018-2030 (US$M)
Related Markets
Global cloud managed services market highlights
- The global cloud managed services market generated a revenue of USD 134,437.0 million in 2024 and is expected to reach USD 305,161.9 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 14.7% by 2030.
- In terms of segment, security services accounted for a revenue of USD 39,611.9 million in 2024.
- Mobility Services is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, South Korea is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 134,437.0 million |
| Market revenue in 2030 | USD 305,161.9 million |
| Growth rate | 14.7% (CAGR from 2025 to 2030) |
| Largest segment | Security services |
| Fastest growing segment | Mobility Services |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Business Services, Network Services, Security Services, Data Center Services, Mobility Services |
Other key industry trends
- In terms of revenue, the North America accounted for 32.3% of the global cloud managed services market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Korea is the fastest growing regional market and is projected to reach USD 8,969.0 million by 2030.
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Cloud Managed Services Market Scope
Cloud Managed Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| China Huaxin | View profile | - | Beijing, Beijing, China, Asia | http://www.sinohx.com/en |
| CenturyLink | View profile | 10001+ | Monroe, Louisiana, United States, North America | https://www.centurylink.com |
| Trianz | View profile | 1001-5000 | Santa Clara, California, United States, North America | https://www.trianz.com |
| NTT Data Group Corp | View profile | 202667 | Toyosu Center Building, 3-3, Toyosu 3-chome, Koto-ku, Yubinbango, Tokyo, Japan, 135-6033 | https://www.nttdata.com |
| Verizon Communications Inc | View profile | 105400 | 1095 Avenue of the Americas, New York, NY, United States, 10036 | https://www.verizon.com |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| Telefonaktiebolaget L M Ericsson ADR | View profile | 99952 | Torshamnsgatan 21, Kista, Stockholm, Sweden, SE-164 83 | https://www.ericsson.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Accenture PLC Class A | View profile | 742000 | 1 Grand Canal Square, Grand Canal Harbour, Dublin, Ireland, 2 | https://www.accenture.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Fujitsu Ltd | View profile | 124055 | Shiodome City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo, Japan, 105-7123 | http://www.fujitsu.com |
Global cloud managed services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cloud managed services market will help companies and investors design strategic landscapes.
Security services was the largest segment with a revenue share of 29.47% in 2024. Horizon Databook has segmented the Global cloud managed services market based on business services, network services, security services, data center services, mobility services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Cloud Managed Services Type Outlook (Revenue, USD Million, 2018-2030)
- Business Services
- Network Services
- Data Center Services
- Security Services
- Mobility Services
- Global Cloud Managed Services Cloud Deployment Outlook (Revenue, USD Million, 2018-2030)
- Private
- Public
- Global Cloud Managed Services End User Outlook (Revenue, USD Million, 2018-2030)
- SMEs
- Large Enterprises
- Global Cloud Managed Services Verticals Outlook (Revenue, USD Million, 2018-2030)
- Telecom & ITES
- BFSI
- Retail & Consumer
- Healthacre
- Governement
- Manufacturing & Automotive
- Others
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Our clientele includes a mix of cloud managed services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global cloud managed services market , including forecasts for subscribers. This global databook contains high-level insights into Global cloud managed services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global cloud managed services market size, by regions, 2018-2030 (US$M)
Top 10 countries: Cloud managed services market size, 2024 (US$M)
Global cloud managed services market share, by verticals, 2024 & 2030 (%, US$M)
Cloud managed services market: Opportunity assessment by country
Global cloud managed services market, by region, 2024 (US$M)
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