Home > Media & Technology > Information Technology > IT Services > Cloud Professional Services Market

Cloud Professional Services Market Share

Report ID: GMI5582
Published Date: Jul 2024
Report Format: PDF

Download Free Sample

Cloud Professional Services Market Share

Amazon Web Services (AWS), Microsoft, and Google LLC hold a significant market share of 17%. AWS is a dominant player in the cloud professional services industry, offering a comprehensive suite of services that cater to a wide range of business needs. The company provides extensive solutions for cloud migration, data storage, machine learning, and IoT. Their professional services team assists organizations in designing, deploying, and managing applications on AWS, ensuring best practices for security, cost optimization, and performance. AWS's deep expertise in cloud infrastructure and its large ecosystem of partners make it a preferred choice for businesses looking to innovate and scale their operations.

Microsoft Azure is a major competitor in the cloud professional services market, known for its strong integration with Microsoft's software products such as Windows Server, and Cloud Server. The company offers a variety of cloud services, including AI, machine learning, and data analytics, along with robust hybrid cloud solutions. Microsoft's professional services help organizations migrate to Azure, optimize their cloud environments, and leverage advanced analytics and AI capabilities. The company’s focus on hybrid cloud solutions and its strong enterprise relationships contribute to its significant market presence.

Cloud Professional Services Market Companies

The major players operating in the cloud professional services industry are:

Amazon Web Services (AWS)
Microsoft
Oracle Corporation
Google LLC
Cisco
Accenture
IBM Corporation

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of cloud professional services reached USD 22 billion in 2023 and is set to register 16% CAGR from 2024 to 2032, owing to the growth in the number of organizations adopting specialized cloud solutions worldwide.

Cloud professional services industry from the SaaS segment held 39% share in 2023, due to businesses turning to SaaS solutions to streamline their operations.

North America market accounted for 44% share in 2023, due to increasing adoption of advanced technologies, boosting the demand for professional cloud services in the region

Amazon Web Services (AWS), Microsoft, Oracle Corporation, Google LLC, Cisco, Accenture, and IBM Corporation, are some of the major cloud professional services companies worldwide.