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Cloud Professional Services Market Trends

  • Report ID: GMI5582
  • Published Date: Jul 2023
  • Report Format: PDF

Cloud Professional Service Market Trends

Businesses are adopting multi-cloud environments to leverage the strengths of various cloud providers and prevent vendor lock-in. This trend is driving the demand for cloud professional services that specialize in integrating and managing various cloud platforms. These services ensure seamless interoperability, data portability, and centralized management across various clouds. Additionally, cloud services are increasingly being integrated with AI and ML technologies.
 

Cloud professional service providers are offering AI/ML capabilities to businesses for utilization in fields such as data analytics, predictive modeling, Natural Language Processing (NLP), and computer vision. Service providers also support businesses in developing & deploying AI/ML models on cloud platforms, optimizing infrastructure for AI workloads, and implementing data pipelines for AI-driven insights.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of cloud professional service was reached USD 20.4 billion in 2022 and is projected to witness over 15% CAGR from 2023 to 2032, driven by the increasing preference for specialized cloud solutions over basic infrastructure services by organizations.

Cloud professional service industry from the SaaS segment exceeded USD 9 million in 2022, attributed to increasing adoption by businesses to streamline operations and cut costs associated with IT infrastructure.

North America held more than 30% of the market share in 2022 and is set to expand considerably through 2032, owing to the rising adoption of cutting-edge technologies in the region.

Amazon Web Services (AWS), Microsoft Corporation, Oracle Corporation, Google LLC, Alibaba, Accenture, IBM Corporation, and Cisco Systems, Inc. are among the top enterprises operating in the market.

Cloud Professional Services Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 20
  • Tables & Figures: 353
  • Countries covered: 20
  • Pages: 300
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