Report overview
Cloud professional services market refers a combination of capabilities including consulting/technical skills and functional knowledge.
An increased number of cloud solutions from various vendors have created a complex cloud environment. Cloud customers are struggling with integrating and managing applications, workloads, cloud stacks, and other facets of the shift to cloud. They are spending heavily on consultants and system integrators to educate, plan, and implement their cloud environments.
This report aims to provide a comprehensive presentation of the global market for Cloud Professional Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cloud Professional Services. This report contains market size and forecasts of Cloud Professional Services in global, including the following market information:
Global Cloud Professional Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Cloud Professional Services market was valued at US$ 3625 million in 2022 and is projected to reach US$ 12210 million by 2029, at a CAGR of 18.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Cloud Professional Services key players include Deloitte, Accenture plc, Capgemini S.A., IBM, Cisco Systems, Inc., etc. Global top five manufacturers hold a share about 40%.
North America is the largest market, with a share over 40%, followed by Europe and China, both have a share over 40 percent.
In terms of product, Public Cloud is the largest segment, with a share about 70%. And in terms of application, the largest application is Banking, Financial Services & Insurance (BFSI), followed by IT and Telecommunications.
We surveyed the Cloud Professional Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cloud Professional Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Cloud Professional Services Market Segment Percentages, by Type, 2022 (%)
Cloud Consulting
Cloud Systems Integration
Cloud ADM (Application Development and Maintenance)
Cloud Managed Services
Global Cloud Professional Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Cloud Professional Services Market Segment Percentages, by Application, 2022 (%)
Banking, Financial Services & Insurance (BFSI)
IT and Telecommunications
Healthcare
Media and Entertainment
Government
Education
Global Cloud Professional Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Cloud Professional Services Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cloud Professional Services revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Cloud Professional Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Deloitte
Wipro Limited
Tech Mahindra Limited
Accenture plc
Hewlett Packard Enterprise
Dell Inc. (EMC)
KPMG International
Capgemini S.A.
HCL
IBM
Tata Group
PricewaterhouseCoopers LLP
Cisco Systems, Inc.
Nippon Telegraph and Telephone Corporation
Microsoft Corporation
CGI Group Inc.
Outline of Major Chapters:
Chapter 1: Introduces the definition of Cloud Professional Services, market overview.
Chapter 2: Global Cloud Professional Services market size in revenue.
Chapter 3: Detailed analysis of Cloud Professional Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Cloud Professional Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
