Cloud Managed Services Market - United States

Market Statistics

Market Size in 2023: USD 13.1 Billion

Market Forecast in 2032: USD 32.3 Billion

Market Growth Rate: 11.11% (2024-2032)

According to the latest report by IMARC Group, the United States cloud managed services market size reached USD 13.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 32.3 Billion by 2032, exhibiting a growth rate (CAGR) of 11.11% during 2024-2032. The market is expanding rapidly, driven by the increasing adoption of cloud computing across various industries.

United States Cloud Managed Services Industry Trends and Drivers:

• Key Trends:
  • Adoption of Hybrid and Multi-Cloud Strategies:

• • • Organizations are increasingly adopting hybrid and multi-cloud strategies for flexibility and scalability, leveraging multiple cloud environments to reduce dependency on a single provider.
    • Cloud Managed Service Providers (MSPs) are adapting their services to ensure seamless integration across various platforms.

• Heightened Focus on Cybersecurity:

• • • Businesses face rising cybersecurity threats and regulatory requirements, leading MSPs to offer comprehensive security solutions.
    • Services like threat detection and incident response are essential to protect sensitive data.

• Demand for Automation and AI in Cloud Management:

• • • Companies seek to streamline operations, reduce costs, and improve service delivery with automation and AI.
    • MSPs are using AI-driven analytics to provide actionable insights, enhancing decision-making and operational efficiency.

• Prioritization of Sustainability:

• • • Businesses are increasingly focused on sustainability, prompting cloud providers to adopt greener practices and energy-efficient data centers.
    • This emphasis on sustainability aligns with corporate social responsibility (CSR) initiatives, appealing to environmentally conscious consumers and stakeholders.

• Market Drivers:
  • Rapid Digital Transformation Across Industries:

• • • As companies embrace cloud computing to improve agility and foster innovation, they seek expert guidance for navigating the complex cloud landscape.
    • Managed services allow businesses to concentrate on core operations while leveraging cloud technology benefits.

• Increasing Need for Cost Efficiency:

• • • Many organizations turn to MSPs to help optimize cloud spending, manage resources effectively, and reduce operational overhead.
    • By outsourcing cloud management, companies gain cost predictability and can allocate resources to strategic initiatives.

• Rise of Remote Work and Collaboration:

• • • The COVID-19 pandemic highlighted the need for robust cloud infrastructure and support for remote work.
    • Businesses are investing in cloud solutions to facilitate collaboration and ensure continuity, driving demand for managed services.

• Growing Complexity of IT Environments:

• • • IT environments now often integrate on-premises, cloud, and edge solutions, increasing complexity.
    • MSPs provide tailored solutions to simplify this complexity, ensuring optimal performance and security across the IT ecosystem.

• Stringent Regulatory Compliance Requirements:

• • • Organizations face evolving data protection and privacy regulations, creating a demand for expert assistance in maintaining compliance.
    • MSPs play a crucial role in helping businesses adhere to these requirements, reduce risk, and ensure regulatory compliance.

• Market Outlook:

• • The United States cloud managed services market is expected to grow as organizations prioritize digital transformation, cybersecurity, sustainability, and regulatory compliance. The demand for cloud expertise, cost efficiency, and support for complex IT environments will continue to drive the market forward.

Download sample copy of the Report: https://www.imarcgroup.com/united-states-cloud-managed-services-market/requestsample

United States Cloud Managed Services Industry Segmentation:

The report has segmented the market into the following categories:

Service Type Insights:

• Managed Network Services
• Managed Business Services
• Managed Security Services
• Managed Infrastructure Services
• Managed Mobility Services
• Managed Communication and Collaboration Services

Deployment Model Insights:

• Private Cloud
• Public Cloud

Organization Size Insights:

• Large Enterprises
• Small and Medium-sized Enterprises

Vertical Insights:

• Retail and Consumer Goods
• BFSI
• Telecom
• Government and Public Sector
• Healthcare and Lifesciences
• Manufacturing
• Energy and Utilities
• IT
• Others

Regional Insights:

• Northeast
• Midwest
• South
• West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Request for customization: https://www.imarcgroup.com/request?type=report&id=20993&flag=F

Key highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.  IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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