Need for Mobility Solutions in Retail Sector Necessitates Cloud Managed Services Market at 9.6% CAGR through 2032
NEW YORK, Oct. 19, 2022 /PRNewswire/ -- The global cloud managed services market size was valued at US$ 86.1 Billion in 2021 and is likely to exhibit growth at a CAGR of 9.6% between 2022 and 2032. Rapid expansion of cloud-based industries is one of the primary drivers of the market for cloud managed services.
- Rapid expansion of cloud-based industries is one of the primary drivers of the market for cloud managed services .
- The managed infrastructure service segment is projected to showcase growth at a CAGR of 9.1% in the global cloud managed services market.
- During the historical period from 2015 to 2021, the global cloud managed services market exhibited steady growth at a CAGR of 11.2%.
- Revenues in the global cloud managed services market are expected to surge 2.5x during 2022 to 2032.