The aws managed services from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
AWS Managed Services Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The AWS managed services market size has grown rapidly in recent years. It will grow from $0.67 billion in 2023 to $0.78 billion in 2024 at a compound annual growth rate (CAGR) of 16.7%. The growth in the historic period can be attributed to migration from on-premises to cloud, increasing focus on business agility, economic pressures and cost optimization, increasing complexity of IT infrastructures, and global expansion of businesses.
The AWS managed services market size is expected to rapid growth growth in the next few years. It will grow to $1.46 billion in 2028 at a compound annual growth rate (CAGR) of 17.1%. The growth in the forecast period can be attributed to focus on digital transformation, rise of remote work, increasing number of aws customers, increasing focus on sustainability, and increasing demand for cloud-based solutions. Major trends in the forecast period include technological advancements, businesses digitization, increasingly adopting multi-cloud and hybrid cloud strategies, expansion of artificial intelligence (AI) and machine learning capabilities, and adoption of serverless computing.
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Scope Of AWS Managed Services Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
AWS Managed Services Market Overview
Market Drivers –
The growing demand for cloud-based solutions is expected to propel the growth of the AWS managed services market going forward. Cloud-based solutions refer to software applications, services, or resources hosted and delivered over the internet, typically from remote servers managed by a third-party provider. Cloud-based solutions are increasing due to several factors, such as security and compliance, remote access to applications, highly redundant and resilient infrastructure, and prioritized security and compliance. AWS managed services streamline the administration of AWS infrastructure and operations, enabling businesses to prioritize innovation and core business functions. Leveraging AMS enables organizations to bolster security, meet regulatory requirements, optimize expenditures, and maintain dependable performance for their cloud-based solutions on AWS. For instance, in December 2023, according to the European Union, a Netherlands-based international organization, the percentage of EU businesses that bought cloud computing services increased by 4.2 percentage points in 2023 compared to 2021. Therefore, the growing demand for cloud-based solutions is driving the growth of the AWS managed services market.
Market Trends –
Major companies operating in the AWS managed services market are focused on developing innovative services such as Deadline Cloud to streamline and optimize cloud-based rendering and content creation workflows. Deadline Cloud is a fully managed service that simplifies render management for teams creating computer-generated 2D and 3D graphics and visual effects for films, TV shows, commercials, games, and industrial design. For instance, in April 2024, Amazon Web Services, a US-based cloud computing company, launched Deadline Cloud, a fully managed service. The service can scale thousands of compute instances up and down, minute to minute, to handle complex rendering jobs and meet challenging turnaround times. The service provides a dashboard and step-by-step setup wizard to create a cloud-based render farm, making it easy for artists to define job parameters and manage rendering projects.
The AWS managed services market covered in this report is segmented –
1) By Service Type: Infrastructure As A Service Management, Platform As A Service Management, Software As A Service Management, Security And Compliance Services, Data Management And Analytics Services, DevOps And Automation Services, Application Management And Development Services, Migration And Transformation Services
2) By Deployment Model: Public, Private, Hybrid
3) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises (SMEs)
4) By Industry Vertical: Banking, Financial Services, And Insurance, Healthcare, Manufacturing, Government And Defense, Media And Entertainment, Information Technology And Telecommunications, Other Industries
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Regional Insights –
North America was the largest region in the aws managed services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the AWS managed services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the AWS managed services market are Google LLC, Amazon Web Services Inc, Accenture plc, IBM Corporation, Microsoft Azure, Oracle Corporation, SAP SE, Capgemini SE, DXC Technology Company, Alibaba Cloud, Workday Inc., Slalom LLC, Rackspace Inc., Claranet Group Limited, Smartronix Inc., GS Lab, e-Zest solutions, Cloudreach Inc., 8K Miles Software Services Ltd., Onica, Logicworks, Reliance Cloud (Pty) Ltd., Stratalux Inc., Cloudnexa Inc
Table of Contents
1. Executive Summary
2. AWS Managed Services Market Report Structure
3. AWS Managed Services Market Trends And Strategies
4. AWS Managed Services Market – Macro Economic Scenario
5. Global AWS Managed Services Market Size and Growth
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32. Global AWS Managed Services Market Competitive Benchmarking
33. Global AWS Managed Services Market Competitive Dashboard
34. Key Mergers And Acquisitions In The AWS Managed Services Market
35. AWS Managed Services Market Future Outlook and Potential Analysis
36. Appendix
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