Authored By: Sarah
30 Oct 2023

Cloud Professional Services Market Growth Analysis | Accenture Plc, AT and T Inc., and Capgemini Service SAS are among significant contributors

Competitive Benchmarking and  Forecasts for Core Companies 2023-2027

Cloud Professional Services Market is estimated to exhibit growth at a CAGR of 15.88% between 2022 and 2027 followed by USD 23.15 Bn revenue growth.

Digital transformation of end-user industries, the increased adoption of cloud professional services by retail and e-commerce, and the rising investment in technology by end-users are some primary determinants of the market advancements and are transforming the  Cloud Professional Services Market into a billion-dollar sector

Key Market Players and their Key Offerings: When it comes to the key market placers in the market landscape companies are implementing strategic alliances and product/service  launches, to enhance their market presence

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Snapshot of Cloud Professional Services Market Analysis

Some of the core offerings include 

  • Accenture Plc offers cloud professional services such as cloud services which include Data and AI, application transformation, Cloud Infrastructure, and network.
  • AT and T Inc. offers cloud professional services such as high-speed connectivity and collaboration, cloud transformation, safer to innovate, consulting expertise, and reliable and secure mobile communications.
  • Capgemini Service SAS offers cloud professional services such as advanced cloud technologies for customers, enterprise management, and intelligent industry.

Prominent names such as Dell Technologies Inc., Deloitte Touche Tohmatsu Ltd., Deutsche Telekom AG, Furukawa Electric Co. Ltd., Informatica Inc., Infosys Ltd., Microsoft Corp., Nippon Telegraph and Telephone Corp., Oracle Corp., SAP SE, Tata Consultancy Services Ltd., Unisys Corp., Verizon Communications Inc., and Wipro Ltd. are some of the major market participants and comes with wide array of offerings for end-users. Our report includes qualitative and quantitative analyses of market leaders with a wider understanding of the business ecosystem. 

Technavio's research report provides insights into the top market players and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors market players must distinguish their product and service offerings through a clear and unique value proposition. Download our sample report for more insights

Cloud Professional Services Market Highlights

  • The Cloud professional services market is segmented by Deployment (Public cloud and Private cloud ), End-user (Large enterprises, Small, and medium-sized enterprises (SMEs) ), and Geography (North America, Europe, APAC, Middle East and Africa, and South America).
  • North America led the market with 37% of the market growth set to originate from this region during the forecast period.
  • Digital transformation of end-user industries is one of the primary factors driving the growth of the cloud professional services market. The report provides a detailed study of this and all the other drivers that will boost market growth. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. 
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