Global Cloud Professional Services Market by Enterprise Size (Large Enterprises, Small and Medium-Sized Enterprises), Service Type (Implementation and Migration, Application Development and Modernization, Consulting, Integration and Optimization), Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud), Vertical (IT & Telecom, BFSI, Healthcare, Government & Defense, Retail & eCommerce, Manufacturing, Media & Entertainment, Others), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2021 to 2028

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The Global Cloud Professional Services market is expected to grow from USD 14.5 billion in 2020 to USD 50.2 billion by 2028, at a CAGR of 16.8% during the forecast period 2021-2028.

The cloud professional services market refers to a set of competencies that includes consulting/technical expertise and functional knowledge. Cloud professional services allow enterprises to use cloud technology to improve company operations and productivity. Furthermore, these services enable organizations to develop, deploy, and manage cloud systems to increase efficiency, flexibility, and infrastructure scalability. Vendors help end customers move from hardware or on-premise architecture to a cloud-based solution. These services also aid in optimizing pre-existing cloud systems, and vendors include consultation and advising, integration, application modernization, customized application development, implementation, migration, optimization, product installation, and maintenance and support. Cloud professional services are much more than simply a cloud delivery model that reduces the cost of deploying systems; it provides end-to-end delivery solutions that add value to customers throughout the enterprise's business and technical operations. Operating a business on behalf of a customer offers service providers more significant insights into implementing services resulting from new business requirements, technological changes, or newly enforced legislation. Cloud professional capabilities offer businesses to establish high-end cloud solutions in three primary models: private cloud, public cloud, and hybrid cloud, to drive business operations, enhance efficiency, flexibility, and infrastructure scalability.

The factors driving the market are the increasing cloud provider capabilities, rapid cloud adoption, and increased demand for cloud-based solutions throughout various sectors, including BFSI, education, healthcare, and government, among others. Also, several benefits associated with professional cloud services, including lower costs, greater flexibility, increased productivity, and less risk, contribute to market growth. The factors restraining the market growth are problems with regulatory compliance and complexity in establishing cloud services. Raising the level of awareness is expected to provide market growth opportunities.

This study delivers a comprehensive analysis of Enterprise Size, Service Type, Deployment Model, Vertical, and region. The Enterprise Size segment includes Large Enterprises and Small and Medium-Sized Enterprises. The Large Enterprises segment held a significant market share due to the increasing numbers of organizations and high adoption rate in the industry. The Service Type segment includes Implementation and Migration, Application Development and Modernization, Consulting, and Integration and Optimization. The Implementation and Migration segment held the largest market share, owing to the flexibility, scalability, adaptability to changing workloads, increased productivity, agility, improved application security, and cost savings. The Deployment Model segment includes Private Cloud, Public Cloud, and Hybrid Cloud. The Public Cloud segment holds a significant market share, owing to the scalability offered in services, a pay-per-usage pricing model, and ease of setup. The Vertical segment includes IT & Telecom, BFSI, Healthcare, Government & Defense, Retail & eCommerce, Manufacturing, Media & Entertainment, Others. The Healthcare segment holds the largest market share, owing to the increasing usage of Cloud Professional Services in the healthcare sector, easy data transfer amongst medical service providers, and medical support using gadgets to improve medication adherence and minimize emergency department visits.

The market has been divided into Asia-Pacific, North America, Middle East & Africa, Europe, and South America. North America held the largest market share in the U.S., owing to a diverse set of end-users who are well-versed in technology and early adopters of solutions that include new capabilities. The Asia-Pacific region is anticipated to grow and holds the largest share because of the growing digitalization demand, expanding cloud technology usage, and the accessibility of cloud services in the region.

Some of the prominent players in the market are Google, Microsoft, HCL, Deloitte, Wipro, Accenture, IBM, Cognizant, EY, PwC, HPE, Capgemini, Atos, Infosys, Cisco, DXC, Hitachi Vantara, LTI, NTT Data, Rackspace, T-Systems, and AWS. In February 2021, Accenture and VMware have formed a New Business Group to assist companies in moving to the cloud more quickly. The new business group intends to bring together devoted specialists with extensive knowledge of hybrid cloud and cloud migrations, cloud-native and application modernization, and security across significant sectors.

Global Cloud Professional Services Market Analysis and Forecast, Enterprise Size

  • Large Enterprises
  • Small and Medium-Sized Enterprises

Global Cloud Professional Services Market Analysis and Forecast, Service Type

  • Implementation and Migration
  • Application Development and Modernization
  • Consulting
  • Integration and Optimization

Global Cloud Professional Services Market Analysis and Forecast, Deployment Model

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

Global Cloud Professional Services Market Analysis and Forecast, Verticals

  • IT & Telecom
  • BFSI, Healthcare
  • Government & Defense
  • Retail & eCommerce
  • Manufacturing
  • Media & Entertainment
  • Others

Global Cloud Professional Services Market Analysis and Forecast, Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Sweden
    • Netherland
    • U.K.
    • Italy
    • Spain
    • Turkey
    • Switzerland
    • Belgium
    • Rest Of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest Of APAC
  • South America
    • Brazil
    • Argentina
    • Peru
    • Colombia
    • Rest Of South America
  • Middle East And Africa
    •  UAE
    •  Saudi Arabia
    •  Egypt
    •  Nigeria
    •  South Africa
    • Rest Of Mea

Report Description:

  • The base year for the study has been considered 2020, historic year 2018 and 2019, the forecast period considered is from 2021 to 2028.
  • The study delivers a comprehensive analysis of global market for all segments and region
  • The report offers in-depth analysis of driving factors, opportunities and restraints for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2021 to 2028.
  • Porter’s Five Forces model is used in order to recognize the competitive scenario in the market. This report incorporates the industry analysis which is focused on providing an extensive view of the market.
  • The study also includes attractiveness analysis of all segments and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunist for understanding the future growth of the market.
  • The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
  • The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.

1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis By Enterprise Size
          4.3.2. Market Attractiveness Analysis By Service Type
          4.3.3. Market Attractiveness Analysis By Deployment Model
          4.3.4. Market Attractiveness Analysis By Vertical
          4.3.5. Market Attractiveness Analysis By Region
    4.4. Industry Trends
5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. Increased demand for cloud-based solutions
    5.3. Restrains
          5.3.1. Regulatory compliance
    5.4. Opportunities
          5.4.1. Raising the level of awareness
6. Global Cloud Professional Services Market Analysis and Forecast, By Enterprise Size
    6.1. Segment Overview
    6.2. Large Enterprises
    6.3. Small and Medium-Sized Enterprises
7. Global Cloud Professional Services Market Analysis and Forecast, By Service Type
    7.1. Segment Overview
    7.2. Implementation and Migration
    7.3. Application Development and Modernization
    7.4. Consulting
    7.5. Integration and Optimization
8. Global Cloud Professional Services Market Analysis and Forecast, By Deployment Model
    8.1. Segment Overview
    8.2. Public Cloud
    8.3. Private Cloud
    8.4. Hybrid Cloud
9. Global Cloud Professional Services Market Analysis and Forecast, By Vertical
    9.1. Segment Overview
    9.2. IT & Telecom
    9.3. BFSI
    9.4. Healthcare
    9.5. Government & Defense
    9.6. Retail & eCommerce
    9.7. Manufacturing
    9.8. Media & Entertainment
    9.9. Others
10. Global Cloud Professional Services Market Analysis and Forecast, By Regional Analysis
    10.1. Segment Overview
    10.2. North America
          10.2.1. U.S.
          10.2.2. Canada
          10.2.3. Mexico
    10.3. Europe
          10.3.1. Germany
          10.3.2. France
          10.3.3. U.K.
          10.3.4. Italy
          10.3.5. Spain
    10.4. Asia-Pacific
          10.4.1. Japan
          10.4.2. China
          10.4.3. India
    10.5. South America
          10.5.1. Brazil
    10.6. Middle East and Africa
          10.6.1. UAE
          10.6.2. South Africa
11. Global Cloud Professional Services Market-Competitive Landscape
    11.1. Overview
    11.2. Market Share of Key Players in Global Cloud Professional Services Market
          11.2.1. Global Company Market Share
          11.2.2. North America Company Market Share
          11.2.3. Europe Company Market Share
          11.2.4. APAC Company Market Share
    11.3. Competitive Situations and Trends
          11.3.1. Product Launches and Developments
          11.3.2. Partnerships, Collaborations, and Agreements
          11.3.3. Mergers & Acquisitions
          11.3.4. Expansions
12. Company Profiles
    12.1. Google
          12.1.1. Business Overview
          12.1.2. Company Snapshot
          12.1.3. Company Market Share Analysis
          12.1.4. Company Product Portfolio
          12.1.5. Recent Developments
          12.1.6. SWOT Analysis
    12.2. Microsoft
          12.2.1. Business Overview
          12.2.2. Company Snapshot
          12.2.3. Company Market Share Analysis
          12.2.4. Company Product Portfolio
          12.2.5. Recent Developments
          12.2.6. SWOT Analysis
    12.3. HCL
          12.3.1. Business Overview
          12.3.2. Company Snapshot
          12.3.3. Company Market Share Analysis
          12.3.4. Company Product Portfolio
          12.3.5. Recent Developments
          12.3.6. SWOT Analysis
    12.4. Deloitte
          12.4.1. Business Overview
          12.4.2. Company Snapshot
          12.4.3. Company Market Share Analysis
          12.4.4. Company Product Portfolio
          12.4.5. Recent Developments
          12.4.6. SWOT Analysis
    12.5. Wipro
          12.5.1. Business Overview
          12.5.2. Company Snapshot
          12.5.3. Company Market Share Analysis
          12.5.4. Company Product Portfolio
          12.5.5. Recent Developments
          12.5.6. SWOT Analysis
    12.6. Accenture
          12.6.1. Business Overview
          12.6.2. Company Snapshot
          12.6.3. Company Market Share Analysis
          12.6.4. Company Product Portfolio
          12.6.5. Recent Developments
          12.6.6. SWOT Analysis
    12.7. IBM
          12.7.1. Business Overview
          12.7.2. Company Snapshot
          12.7.3. Company Market Share Analysis
          12.7.4. Company Product Portfolio
          12.7.5. Recent Developments
          12.7.6. SWOT Analysis
    12.8. Cognizant
          12.8.1. Business Overview
          12.8.2. Company Snapshot
          12.8.3. Company Market Share Analysis
          12.8.4. Company Product Portfolio
          12.8.5. Recent Developments
          12.8.6. SWOT Analysis
    12.9. EY
          12.9.1. Business Overview
          12.9.2. Company Snapshot
          12.9.3. Company Market Share Analysis
          12.9.4. Company Product Portfolio
          12.9.5. Recent Developments
          12.9.6. SWOT Analysis
    12.10. PwC
          12.10.1. Business Overview
          12.10.2. Company Snapshot
          12.10.3. Company Market Share Analysis
          12.10.4. Company Product Portfolio
          12.10.5. Recent Developments
          12.10.6. SWOT Analysis
    12.11. HPE
          12.11.1. Business Overview
          12.11.2. Company Snapshot
          12.11.3. Company Market Share Analysis
          12.11.4. Company Product Portfolio
          12.11.5. Recent Developments
          12.11.6. SWOT Analysis
    12.12. Capgemini
          12.12.1. Business Overview
          12.12.2. Company Snapshot
          12.12.3. Company Market Share Analysis
          12.12.4. Company Product Portfolio
          12.12.5. Recent Developments
          12.12.6. SWOT Analysis
    12.13. Atos
          12.13.1. Business Overview
          12.13.2. Company Snapshot
          12.13.3. Company Market Share Analysis
          12.13.4. Company Product Portfolio
          12.13.5. Recent Developments
          12.13.6. SWOT Analysis
    12.14. Infosys
          12.14.1. Business Overview
          12.14.2. Company Snapshot
          12.14.3. Company Market Share Analysis
          12.14.4. Company Product Portfolio
          12.14.5. Recent Developments
          12.14.6. SWOT Analysis
    12.15. Cisco
          12.15.1. Business Overview
          12.15.2. Company Snapshot
          12.15.3. Company Market Share Analysis
          12.15.4. Company Product Portfolio
          12.15.5. Recent Developments
          12.15.6. SWOT Analysis
    12.16. DXC
          12.16.1. Business Overview
          12.16.2. Company Snapshot
          12.16.3. Company Market Share Analysis
          12.16.4. Company Product Portfolio
          12.16.5. Recent Developments
          12.16.6. SWOT Analysis
    12.17. Hitachi Vantara
          12.17.1. Business Overview
          12.17.2. Company Snapshot
          12.17.3. Company Market Share Analysis
          12.17.4. Company Product Portfolio
          12.17.5. Recent Developments
          12.17.6. SWOT Analysis
    12.18. LTI
          12.18.1. Business Overview
          12.18.2. Company Snapshot
          12.18.3. Company Market Share Analysis
          12.18.4. Company Product Portfolio
          12.18.5. Recent Developments
          12.18.6. SWOT Analysis
    12.19. NTT Data
          12.19.1. Business Overview
          12.19.2. Company Snapshot
          12.19.3. Company Market Share Analysis
          12.19.4. Company Product Portfolio
          12.19.5. Recent Developments
          12.19.6. SWOT Analysis
    12.20. Rackspace
          12.20.1. Business Overview
          12.20.2. Company Snapshot
          12.20.3. Company Market Share Analysis
          12.20.4. Company Product Portfolio
          12.20.5. Recent Developments
          12.20.6. SWOT Analysis
    12.21. T-Systems
          12.21.1. Business Overview
          12.21.2. Company Snapshot
          12.21.3. Company Market Share Analysis
          12.21.4. Company Product Portfolio
          12.21.5. Recent Developments
          12.21.6. SWOT Analysis
    12.22. AWS
          12.22.1. Business Overview
          12.22.2. Company Snapshot
          12.22.3. Company Market Share Analysis
          12.22.4. Company Product Portfolio
          12.22.5. Recent Developments
          12.22.6. SWOT Analysis

List of Table

1. Global Cloud Professional Services Market, By Enterprise Size, 2018-2028 (USD Billion)

2. Global Large Enterprises, Cloud Professional Services Market, By Region, 2018-2028 (USD Billion) 

3. Global Small and Medium-Sized Enterprises, Cloud Professional Services Market, By Region, 2018-2028 (USD Billion)

4. Global Cloud Professional Services Market, By Service Type, 2018-2028 (USD Billion)

5. Global Implementation and Migration, Cloud Professional Services Market, By Region, 2018-2028 (USD Billion)

6. Global Application Development and Modernization, Cloud Professional Services Market, By Region, 2018-2028 (USD Billion)

7. Global Consulting, Cloud Professional Services Market, By Region, 2018-2028 (USD Billion)

8. Global Integration and Optimization, Cloud Professional Services Market, By Region, 2018-2028 (USD Billion)

9. Global Cloud Professional Services Market, By Deployment Model, 2018-2028 (USD Billion)

10. Global Public Cloud, Cloud Professional Services Market, By Region, 2018-2028 (USD Billion)

11. Global Private Cloud, Cloud Professional Services Market, By Region, 2018-2028 (USD Billion)

12. Global Hybrid Cloud, Cloud Professional Services Market, By Region, 2018-2028 (USD Billion)

13. Global Cloud Professional Services Market, By Vertical, 2018-2028 (USD Billion)

14. Global IT & Telecom, Cloud Professional Services Market, By Region, 2018-2028 (USD Billion)

15. Global BFSI, Cloud Professional Services Market, By Region, 2018-2028 (USD Billion)

16. Global Healthcare, Cloud Professional Services Market, By Region, 2018-2028 (USD Billion)

17. Global Government & Defense, Cloud Professional Services Market, By Region, 2018-2028 (USD Billion)

18. Global Retail & eCommerce, Cloud Professional Services Market, By Region, 2018-2028 (USD Billion)

19. Global Manufacturing, Cloud Professional Services Market, By Region, 2018-2028 (USD Billion)

20. Global Media & Entertainment, Cloud Professional Services Market, By Region, 2018-2028 (USD Billion)

21. Global Others, Cloud Professional Services Market, By Region, 2018-2028 (USD Billion)

22. North America Cloud Professional Services Market, By Enterprise Size, 2018-2028 (USD Billion)

23. North America Cloud Professional Services Market, By Service Type, 2018-2028 (USD Billion)

24. North America Cloud Professional Services Market, By Deployment Model, 2018-2028 (USD Billion)

25. North America Cloud Professional Services Market, By Vertical, 2018-2028 (USD Billion)

26. U.S. Cloud Professional Services Market, By Enterprise Size, 2018-2028 (USD Billion)

27. U.S. Cloud Professional Services Market, By Service Type, 2018-2028 (USD Billion)

28. U.S. Cloud Professional Services Market, By Deployment Model, 2018-2028 (USD Billion)

29. U.S. Cloud Professional Services Market, By Vertical, 2018-2028 (USD Billion)

30. Canada Cloud Professional Services Market, By Enterprise Size, 2018-2028 (USD Billion)

31. Canada Cloud Professional Services Market, By Service Type, 2018-2028 (USD Billion)

32. Canada Cloud Professional Services Market, By Deployment Model, 2018-2028 (USD Billion)

33. Canada Cloud Professional Services Market, By Vertical, 2018-2028 (USD Billion)

34. Mexico Cloud Professional Services Market, By Enterprise Size, 2018-2028 (USD Billion)

35. Mexico Cloud Professional Services Market, By Service Type, 2018-2028 (USD Billion)

36. Mexico Cloud Professional Services Market, By Deployment Model, 2018-2028 (USD Billion)

37. Mexico Cloud Professional Services Market, By Vertical, 2018-2028 (USD Billion)

38. Europe Cloud Professional Services Market, By Enterprise Size, 2018-2028 (USD Billion)

39. Europe Cloud Professional Services Market, By Service Type, 2018-2028 (USD Billion)

40. Europe Cloud Professional Services Market, By Deployment Model, 2018-2028 (USD Billion)

41. Europe Cloud Professional Services Market, By Vertical, 2018-2028 (USD Billion)

42. Germany Cloud Professional Services Market, By Enterprise Size, 2018-2028 (USD Billion)

43. Germany Cloud Professional Services Market, By Service Type, 2018-2028 (USD Billion)

44. Germany Cloud Professional Services Market, By Deployment Model, 2018-2028 (USD Billion)

45. Germany Cloud Professional Services Market, By Vertical, 2018-2028 (USD Billion)

46. France Cloud Professional Services Market, By Enterprise Size, 2018-2028 (USD Billion)

47. France Cloud Professional Services Market, By Service Type, 2018-2028 (USD Billion)

48. France Cloud Professional Services Market, By Deployment Model, 2018-2028 (USD Billion)

49. France Cloud Professional Services Market, By Vertical, 2018-2028 (USD Billion)

50. U.K. Cloud Professional Services Market, By Enterprise Size, 2018-2028 (USD Billion)

51. U.K. Cloud Professional Services Market, By Service Type, 2018-2028 (USD Billion)

52. U.K. Cloud Professional Services Market, By Deployment Model, 2018-2028 (USD Billion)

53. U.K. Cloud Professional Services Market, By Vertical, 2018-2028 (USD Billion)

54. Italy Cloud Professional Services Market, By Enterprise Size, 2018-2028 (USD Billion)

55. Italy Cloud Professional Services Market, By Service Type, 2018-2028 (USD Billion)

56. Italy Cloud Professional Services Market, By Deployment Model, 2018-2028 (USD Billion)

57. Italy Cloud Professional Services Market, By Vertical, 2018-2028 (USD Billion)

58. Spain Cloud Professional Services Market, By Enterprise Size, 2018-2028 (USD Billion)

59. Spain Cloud Professional Services Market, By Service Type, 2018-2028 (USD Billion)

60. Spain Cloud Professional Services Market, By Deployment Model, 2018-2028 (USD Billion)

61. Spain Cloud Professional Services Market, By Vertical, 2018-2028 (USD Billion)

62. Asia Pacific Cloud Professional Services Market, By Enterprise Size, 2018-2028 (USD Billion)

63. Asia Pacific Cloud Professional Services Market, By Service Type, 2018-2028 (USD Billion)

64. Asia Pacific Cloud Professional Services Market, By Deployment Model, 2018-2028 (USD Billion)

65. Asia Pacific Cloud Professional Services Market, By Vertical, 2018-2028 (USD Billion) 

66. Japan Cloud Professional Services Market, By Enterprise Size, 2018-2028 (USD Billion)

67. Japan Cloud Professional Services Market, By Service Type, 2018-2028 (USD Billion)

68. Japan Cloud Professional Services Market, By Deployment Model, 2018-2028 (USD Billion)

69. Japan Cloud Professional Services Market, By Vertical, 2018-2028 (USD Billion)

70. China Cloud Professional Services Market, By Enterprise Size, 2018-2028 (USD Billion)

71. China Cloud Professional Services Market, By Service Type, 2018-2028 (USD Billion)

72. China Cloud Professional Services Market, By Deployment Model, 2018-2028 (USD Billion)

73. China Cloud Professional Services Market, By Vertical, 2018-2028 (USD Billion)

74. India Cloud Professional Services Market, By Enterprise Size, 2018-2028 (USD Billion)

75. India Cloud Professional Services Market, By Service Type, 2018-2028 (USD Billion)

76. India Cloud Professional Services Market, By Deployment Model, 2018-2028 (USD Billion)

77. India Cloud Professional Services Market, By Vertical, 2018-2028 (USD Billion)

78. South America Cloud Professional Services Market, By Enterprise Size, 2018-2028 (USD Billion)

79. South America Cloud Professional Services Market, By Service Type, 2018-2028 (USD Billion)

80. South America Cloud Professional Services Market, By Deployment Model, 2018-2028 (USD Billion)

81. South America Cloud Professional Services Market, By Vertical, 2018-2028 (USD Billion)

82. Brazil Cloud Professional Services Market, By Enterprise Size, 2018-2028 (USD Billion)

83. Brazil Cloud Professional Services Market, By Service Type, 2018-2028 (USD Billion)

84. Brazil Cloud Professional Services Market, By Deployment Model, 2018-2028 (USD Billion)

85. Brazil Cloud Professional Services Market, By Vertical, 2018-2028 (USD Billion)

86. Middle East and Africa Cloud Professional Services Market, By Enterprise Size, 2018-2028 (USD Billion)

87. Middle East and Africa Cloud Professional Services Market, By Service Type, 2018-2028 (USD Billion)

88. Middle East and Africa Cloud Professional Services Market, By Deployment Model, 2018-2028 (USD Billion)

89. Middle East and Africa Cloud Professional Services Market, By Vertical, 2018-2028 (USD Billion)

90. UAE Cloud Professional Services Market, By Enterprise Size, 2018-2028 (USD Billion)

91. UAE Cloud Professional Services Market, By Service Type, 2018-2028 (USD Billion)

92. UAE Cloud Professional Services Market, By Deployment Model, 2018-2028 (USD Billion)

93. UAE Cloud Professional Services Market, By Vertical, 2018-2028 (USD Billion)

94. South Africa Cloud Professional Services Market, By Enterprise Size, 2018-2028 (USD Billion)

95. South Africa Cloud Professional Services Market, By Service Type, 2018-2028 (USD Billion)

96. South Africa Cloud Professional Services Market, By Deployment Model, 2018-2028 (USD Billion)

97. South Africa Cloud Professional Services Market, By Vertical, 2018-2028 (USD Billion)

List of Figures 

1. Global Cloud Professional Services Market Segmentation

2. Global Cloud Professional Services Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis 

7. Value Chain Analysis 

8. Global Cloud Professional Services Market Attractiveness Analysis By Enterprise Size

9. Global Cloud Professional Services Market Attractiveness Analysis By Service Type 

10. Global Cloud Professional Services Market Attractiveness Analysis By Deployment Model

11. Global Cloud Professional Services Market Attractiveness Analysis By Vertical

12. Global Cloud Professional Services Market Attractiveness Analysis By Region

13. Global Cloud Professional Services Market: Dynamics

14. Global Cloud Professional Services Market Share by Enterprise Size (2021 & 2028)

15. Global Cloud Professional Services Market Share by Service Type (2021 & 2028)

16. Global Cloud Professional Services Market Share by Deployment Model (2021 & 2028)

17. Global Cloud Professional Services Market Share by Vertical (2021 & 2028)

18. Global Cloud Professional Services Market Share by Regions (2021 & 2028)

19. Global Cloud Professional Services Market Share by Company (2020)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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