Market research

The cloud managed services market is largely driven by increasing adoption of managed services by SMEs and rising ICT spending. Moreover, the competitive business environment with a growing trend of big data analysis is further spurring market growth. In addition to this, factors like the adoption of BYOD policies and proliferation of mobile device coupled with the growing number of SME’s, especially in developing countries, is providing impetus to the adoption of cloud-based solutions, and in turn, is positively impacting the Cloud Managed Services market growth.  The ongoing technolog ical advancement and innovation   has led to the development of cloud automation solutions, d ue to its seamless benefits like increasing delivery speed, organized control and many others. These factors are expected to drive the demand for Cloud Managed Services over the forecast period.  Government initiatives and support for ICT development across the globe is propel...