The market research report on Amazon Web Services Managed Services market has traced some factors influencing the market growth. The research survey of the AWS Managed Services market has included different factors such as the increasing count of AWS customers and the growing significance of AWS MSP status. The AWS Managed Services market is projected to boost in the forecast period from 2018 to 2026 with the assistance of different government bodies initiatives to adopt cloud services. For example, there are more than 2000 government agencies across the globe that are using Amazon Web Services to empower cloud impetus. Taking the wave of AWS Managed Services market to the next level, United States DoD (Department of Defense) has signed a cloud agreement worth US$ 950 Mn with REAN Cloud LLC, an AWS partner, in February 2018.
The Amazon Web Services Managed Services market is estimated to reach US$ 1,789.3 Mn by the end of 2026. The projected value of the Amazon Web Services Managed Services market is to expand at a compound annual growth rate (CAGR) of 13.9% during the forecast period from 2018 to 2026.
AWS Managed Services market – Operations Services are Anticipated to Provide Lucrative Market Opportunities
The Amazon Web Services Managed Services market is divided into operations services, cloud migration services, and advisory services on the basis of service type. The advisory services segment is expected to bolster a considerable compound annual growth rate of more than 15% throughout the forecast period from 2018 to 2026. The reason for expansion is that AWS services are adopted at a larger scale, and it produces the requirement for consulting services to ensure optimal functioning. It identifies the workload for cloud migration and helps to expand the Amazon Web Services Managed Services market to expand. However, the share of the operations services market is worth noticing during the forecast period. Access management, ongoing infrastructure operations, incident management, change management, and security management are some different operational activities that are included in the operational activities in AWS Services. These operation activities contribute a significant share in the operations service segment which further leads to growth in the Amazon Web Services Managed Services market.
The key market players in the Amazon Web Services Managed Services market include Slalom LLC., Rackspace Inc., Accenture plc., Capgemini, and DXC Technology Company. These contribute significant business opportunities for the development of the AWS Managed Services market.
North American Market is expecting a Substantial Compound Annual Growth Rate in Future
A considerable share of part of the overall Amazon Web Services Managed Services market is expected in North America. Different industry verticals are adopting AWS Services in this region which contributes to significant increase in overall value of the market. For example, Backcountry.com was exploring opportunities to migrate its system to the cloud to save operational costs. An AWS advanced consulting partner – 1Strategy helped the company with AWS Migration Acceleration Program (MLP). After a small period of few months, Backcountry.com successfully achieved its desired goal. There was a 100% reduction in capitalized expenses and hardware-related expenses along with a significant reduction in the operational expenses by 25%.
The companies from Amazon Web Services (AWS) Managed Services market provide their clients with complete assistance. Therefore client companies can save their time and can focus more on the development of their core products. SWOT analysis, AWS certified professionals, recent developments, financials, business strategies, and some other strategic information have been provided by the AWS Service providers to their clients. Various market players are boosting their AWS Managed Services with mergers and acquisitions, establishing partnerships, and expanding their offerings at the global level. For example, Rackspace acquired New Jersey, U.S. – based Datapipe, a leading managed hosting company serving globally. With this acquisition, Rackspace has become an eminent managed cloud hosting service provider across major cloud platforms.
The AWS Managed Services Market is segmented into following sections:
- AWS Managed Services Market, by Service Type
- Advisory Services
- Cloud Migration Services
- Operations Services
- AWS Managed Services Market, by Geography Type
- North America
- Rest of North America
- U. K.
- Rest of Europe
- Asia Pacific (APAC)
- Rest of APAC
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of MEA
- South America
- Rest of South America
- North America
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