DUBLIN--(BUSINESS WIRE)--May 16, 2018--The "Global Professional Cloud Services Market - Segmented by Type of Deployment, Type of Service Model, End-user, and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global professional cloud services market was valued at USD 15.36 billion in 2017, and is expected to reach a value of USD 41.59 billion by 2023, at a CAGR of 17.72%, during the forecast period (2018-2023).

The firms (of all categories) offering cloud professional services have been advising their clients for years to focus on core competency and let certain tasks be handled by external specialists to get the best output. This is the major driving force promoting the growth of the cloud professional services market. Modern, multi-tenant cloud platform services allow thousands of customers to use similar resources. This resulted in saving a lot of manpower and the expenses involved in it.

Cloud professional services adapt easily to the changing landscape and in meeting the new requirements. Cloud service providers made sure that the applications can be easily configured and build entirely new ones, in a very short time. All these factors help the client organization to focus on their core competency, which in turn, results in their overall growth.

All the above factors have been major growth aspects for the cloud professional services market, on a global arena.

Key Highlights

Growth in Adoption of Cloud Services has led to the Growth of Professional Cloud Services Hybrid Cloud is expected to have High Growth in the Market Owing to Various Advantages

Companies Mentioned

Cisco HP Inc. Cognizant Accenture PLC EMC Microsoft Corporation Fujitsu Limited CAPGemini Infosys Ltd. Nippon HCL Technologies Limited Oracle NTT DATA Atos SAP SE

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Insights

5. Market Dynamics

6. Technology Snapshot

7. Global Professional Cloud Services Market Segmentation

8. Vendor Market Share

9. Key Vendor Profiles

10. Investment Analysis

11. Future of Professional Cloud Services Market

For more information about this report visit https://www.researchandmarkets.com/research/3n855f/global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180516005746/en/

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Related Topics:Cloud Computing and Storage

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INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT NETWORKS

SOURCE: Research and Markets

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PUB: 05/16/2018 08:47 AM/DISC: 05/16/2018 08:47 AM

http://www.businesswire.com/news/home/20180516005746/en