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Cloud Professional Services Market

Cloud Professional Services Market Size, Share & Segmentation by Service Type (Consulting, Application Development, and Modernization, Implementation and Migration, Integration and Optimization), by Deployment Model (Public Cloud and Private Cloud), by organization size (Small and Medium-sized Enterprises and Large Enterprises), by verticals (BFSI, Manufacturing, Healthcare and Lifesciences, IT and ITES, Government, Telecommunications, Retail and Consumer Goods, Energy and utilities, Others), by Regions and Global Market Forecast 2023-2030

Report Id: SNS/ICT/2414 | July 2022 | Region: Global | 135 Pages

Report Scope & Overview:

The Cloud Professional Services Market size was valued at USD 17.34 Bn in 2022 and is expected to reach USD 59.42 Bn by 2030, and grow at a CAGR of 16.64 % over the forecast period 2023-2030.

Cloud professional services help businesses to build high-end cloud solutions in three key models: private cloud, public cloud, and hybrid cloud, in order to drive business operations, and increase efficiency, flexibility, and infrastructure scalability. To assist in the optimization of pre-existing cloud systems, vendors offer services such as application modernization, customized application development, consulting and advisory, integration, implementation, migration, optimization, product installation, and support and maintenance. Cloud professional services help to reduce system implementation costs and offer end-to-end delivery solutions that add value to an enterprise's business and technical operations.

Cloud Professional Services Market

Bigtime Software Acquires Projector to Position It as the Leading Operating Platform for Professional Services Firms. Bigtime Software, the largest cloud-based software supplier for professional services organizations, announced the purchase of Projector PSA, a major provider of cloud-based PSA software to the middle market, in July 2022. The merged company will provide an operating platform with practice management capability that will allow professional services organizations to develop confidently.



  • Cloud-based paradigm shift.

  • Cloud companies' offerings are expanding.

  • Digitalization is becoming increasingly important.

  • Embracing the complicated cloud environment.


  • Issues with regulatory compliance.

  • Data security and confidentiality concerns.


  • Organizational preference for cloud-based deployments to overcome on-premises restrictions.

  • Increased cloud utilization in healthcare.

  • Increasing public awareness.


  • Implementing cloud services is difficult.

  • Choosing the Best Service Combination.


Many companies have had to adjust their procedures and practices as a result of the COVID-19 epidemic. The inability to travel was the primary cause of company interruption. Inability to relocate the labor and social alienation have prompted corporations to alter their current business models. To combat the COVID-19 epidemic, governments are collaborating closely with cloud providers. Because of rising demand for the cloud to provide a range of important digital solutions such as e-commerce and remote work, as well as entertainment platforms like as online gaming and video streaming, the COVID-19 outbreak has considerably boosted the expansion of the cloud services business. Furthermore, during the pandemic, cloud service companies' revenues grew at a rapid pace.


Cloud professional services companies provide consulting services to consumers that have insufficient knowledge about upgrading current corporate infrastructure. Users who want to improve their infrastructure may make use of the experience of cloud professional service providers that specialize in the deployment of cloud-based systems across industry-specific use cases, which aids in the implementation of the proper mix of services. Implementation services help clients achieve their business goals faster by planning, accessing current systems, doing quality assessment and verification, and providing support. Implementation services provide a successful and secure deployment on any infrastructure, including private, public, and hybrid clouds.

The services provided through the public deployment paradigm are either free or require a subscription. It assists enterprises in meeting their scalability requirements, as well as providing a pay-per-usage pricing structure and simplicity of setup. To prevent data loss, the public cloud is often constructed with built-in redundancies. A private cloud deployment approach allows a corporation to have more control over its data and decrease risks such as data loss and regulatory compliance difficulties. Only authorized users may access the system in the private cloud, which is employed in banking and financial institutions, major corporations, and government agencies.

The market is divided into the following industry verticals: BFSI, IT & Telecom, Healthcare, Retail & eCommerce, Government & Defense, Media & Entertainment, Manufacturing, and Others. During the projection period, the healthcare industry segment will show a promising CAGR. The use of cloud professional services is increasing across the healthcare business because data can be readily shared among medical service suppliers. Organizations are continually seeking to provide medical support via gadgets in order to improve drug adherence, minimize emergency department visits, and decrease hospital readmissions.


On The Basis of Service Type

  • Consulting

  • Application Development and Modernization

  • Implementation and Migration

  • Integration and Optimization

On The Basis of Deployment Model

  • Public Cloud

  • Private Cloud

On The Basis of organization size

  • Small and Medium-sized Enterprises

  • Large Enterprises

On The Basis of verticals

  • BFSI

  • Manufacturing

  • Healthcare and Lifesciences

  • IT and ITES

  • Government

  • Telecommunications

  • Retail and Consumer Goods

  • Energy and utilities

  • Others

Cloud Professional Services Market


Because of the increased number of end-users and rising acceptance of cloud computing in Canada and the United States, North America is expected to be the leading regional market for cloud professional services.  Because of the tremendous advancement of industries such as education, healthcare, and BFSI, APAC is the second largest shareholder. India, Japan, China, and Australia are leaders in cutting-edge technologies such as AI, IoT, analytics, and cloud computing, which is projected to fuel demand for cloud professional services. On the other hand, the market in the Middle East and Africa is expected to grow.


  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America


The major key players are Alibaba group holding limited, Amazon web services, Inc., Cisco Systems, Inc., Dell, technologies Inc., Google LLC, Hewlett Packard enterprise development lp, international business machines corporation, Microsoft Corporation, Oracle Corporation, Rackspace Hosting, Inc.


Cloud Professional Services Market Report Scope
Report Attributes Details
Market Size in 2022 US$ 17.34 Billion
Market Size by 2030 US$ 59.42 Billion
CAGR CAGR 16.64% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Service Type (Consulting, Application Development, and Modernization, Implementation and Migration, Integration and Optimization)
• by Deployment Model (Public Cloud and Private Cloud)
• by organization size (Small and Medium-sized Enterprises and Large Enterprises)
• by verticals (BFSI, Manufacturing, Healthcare and Lifesciences, IT and ITES, Government, Telecommunications, Retail and Consumer Goods, Energy and utilities, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, +D11UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Alibaba group holding limited, Amazon web services, Inc., Cisco Systems, Inc., Dell, technologies Inc., Google LLC, Hewlett Packard enterprise development lp, international business machines corporation, Microsoft Corporation, Oracle Corporation, Rackspace Hosting, Inc.
Key Drivers •Cloud-based paradigm shift.
•Cloud companies' offerings are expanding.
Market Restraints •Issues with regulatory compliance.
•Data security and confidentiality concerns.

Frequently Asked Questions (FAQ) :

Ans: - The estimated market size for the Cloud Professional Services market for the year 2028 is USD 43.67 Bn.  

Ans: - Cloud-based paradigm shift and cloud companies' offerings are expanding.

Ans: - North America is expected to be the leading regional market for cloud professional services. 

Ans: - The major key players are Alibaba group holding limited, Amazon web services, Inc., Cisco Systems, Inc., Dell, technologies Inc., Google LLC, Hewlett Packard enterprise development lp, international business machines corporation, Microsoft Corporation, Oracle Corporation, Rackspace Hosting, Inc.

Ans: - Key Stakeholders Considered in the study are Raw material vendors, Regulatory authorities, including government agencies and NGOs, Commercial research, and development (R&D) institutions, Importers and exporters, etc.

Table of Contents


1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions


2. Research Methodology


3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges


4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World


5. Value Chain Analysis


6. Porter’s 5 forces model


7. PEST Analysis


8. Cloud Professional Services Market Segmentation, by Service Type

8.1 Consulting

8.2 Application Development and Modernization

8.3 Implementation and Migration

8.4 Integration and Optimization


9. Cloud Professional Services Market Segmentation, by Deployment Model

9.1 Public Cloud

9.2 Private Cloud


10. Cloud Professional Services Market Segmentation, by organization size

10.1 Small and Medium-sized Enterprises

10.2 Large Enterprises


11. Cloud Professional Services Market Segmentation, by verticals

11.1 BFSI

11.2 Manufacturing

11.3 Healthcare and Lifesciences

11.4 IT and ITES

11.5 Government

11.6 Telecommunications

11.7 Retail and Consumer Goods

11.8 Energy and utilities

11.9 Others


12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America


13. Company Profiles

13.1 Alibaba group holding limited

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Amazon web services, Inc.

13.3 Cisco Systems, Inc.

13.4 Dell, technologies Inc.

13.5 Google LLC

13.6 Hewlett Packard enterprise development lp

13.7 International business machines corporation

13.8 Microsoft corporation

13.9 Oracle corporation

13.10 Rackspace hosting, Inc.


14. Competitive Landscape

14.1 Competitive Benchmarking

14.2 Market Share Analysis

14.3 Recent Developments


15. Conclusion

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Secondary Research

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