This IDC study highlights how the landscape of managed SPs competing in the managed cloud services market is evolving. For further details of the managed cloud services market definition, see IDC's Worldwide Managed Cloud Services Taxonomy, 2020 (IDC #US46987120, November 2020)."Succeeding in the world of managed cloud services is becoming much more complex as the role of managed SPs is moving to one that is increasingly focused on providing solutions management, supporting an extensive ecosystem of platform providers, ensuring stakeholder integration, and meeting industry compliance and security requirements," says David Tapper, vice president, Outsourcing and Managed Cloud Services at IDC. "Ensuring success in the managed cloud services market will require that providers build deep relationships with CXOs; accelerate the journey to cloud; build, sustain, and expand the platform partner ecosystem; offer an integrated life cycle of services; develop an 'intelligent' multicloud management platform for service delivery; and create a map of changing relationships with public cloud providers."
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The global disaster recovery as a service market exhibited strong growth during 2015-2020. DRaaS refers to a third-party cloud computing and backup service model that replicates and recovers virtual servers and data centers in case of a natural or man-made emergency. The backup is usually made on a public, cloud, virtual...
Market Overview: The global unified communications as a service market exhibited strong growth during 2014-2019. Unified Communications-as-a-Service (UCaaS) refers to an extension of the Software-as-a-Service (SaaS) model that delivers telecommunication services through an integrated information...
This IDC Market Perspective discusses the European court ruling invalidating the EU-US Privacy Shield -- known as the Schrems2 decision -- and its impact on organizations' international data transfer practices under the GDPR. It explores the regulatory and compliance complexity arising from the ruling and provides a high-level overview of...
300 pages •
By The Business Research Company
• Jan 2021
Major companies in the cloud services market include IBM; Microsoft; Amazon; Google and Salesforce. The global cloud services market is expected to grow from $396.1 billion in 2020 to $467.34 billion in 2021 at a compound annual growth rate (CAGR) of 18%. The growth is mainly due to the companies rearranging their operations and recovering...
The Global Cloud Application Security & Vulnerability Management Market is poised to grow at a CAGR of around XX% over the next decade to reach approximately $XX million by 2028. Some of the prominent trends that the market is witnessing include 5G and serverless cloud computing, predictive analytics leverages security...
The global CSB market size is expected to grow from USD 5.9 billion in 2020 to USD 12.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 16.8% during the forecast period. COVID-19 has globally changed the dynamics of business operations. Though the COVID-19 outbreak has thrown light on weaknesses in business models across sectors,...
Secure SD-WAN refers to solutions (product or services) that offer SD-WAN connectivity and security capabilities to create a secure SD-WAN environment to protect remote branches, users, devices, and cloud applications from cyber threats when connected to external Internet and cloud services using insecure Internet broadband and/or cellular...
This IDC Market Perspective discusses the need for both enterprises and managed SPs to create a means by which both stakeholders can effectively and efficiently manage all IT and cloud resources in supporting all stakeholders, business process, geographies, and industry regulations involving new operating models for cloud (private, public,...
This IDC Market Perspective provides insight into buyer expectations of the value in using multicloud management capabilities as part of managed cloud services as well as a framework of required investments that managed SPs need to make that will help enterprises achieve their goals of creating an agile set of business operations, accelerate...