Global AWS Managed Services Industry (2020 to 2027) - Market Trends and Drivers - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 23, 2020--
The “AWS Managed Services - Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
The publisher brings years of research experience to the 9th edition of this report. The 111-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global AWS Managed Services Market to Reach $1.9 Billion by 2027
Amid the COVID-19 crisis, the global market for AWS Managed Services estimated at US$775 Million in the year 2020, is projected to reach a revised size of US$1.9 Billion by 2027, growing at a CAGR of 13.4% over the analysis period 2020-2027.
Advisory Services, one of the segments analyzed in the report, is projected to record a 15.3% CAGR and reach US$588.1 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cloud Migration Services segment is readjusted to a revised 13.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $229.1 Million, While China is Forecast to Grow at 12.8% CAGR
The AWS Managed Services market in the U.S. is estimated at US$229.1 Million in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$323 Million by the year 2027 trailing a CAGR of 12.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.1% and 11.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.6% CAGR.
Operations Services Segment to Record 12% CAGR
In the global Operations Services segment, USA, Canada, Japan, China and Europe will drive the 11.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$286.9 Million in the year 2020 will reach a projected size of US$629.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$219.8 Million by the year 2027.
Competitors identified in this market include, among others:
- K Miles Software Services
- Accenture PLC
- Capgemini SE
- Cloudnexa, Inc.
- Cloudreach Europe Ltd.
- DXC Technology Company
- Rackspace US, Inc.
- Slalom LLC
- Smartronix Inc.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- AWS Managed Services Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- Total Companies Profiled: 43
For more information about this report visit https://www.researchandmarkets.com/r/amki0b
View source version on businesswire.com:https://www.businesswire.com/news/home/20201223005334/en/
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INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT OTHER TECHNOLOGY
SOURCE: Research and Markets
Copyright Business Wire 2020.
PUB: 12/23/2020 10:13 AM/DISC: 12/23/2020 10:13 AM