Cloud managed services market seen topping $192B by 2030

7 hours ago
By AI, Created 12:56 UTC, Jun 23, 2026, AGP -

The Business Research Company projects the cloud managed services market will reach more than $192 billion in 2030, led by North America and the U.S. The report says demand is rising as enterprises shift to hybrid and multi-cloud operations, outsource more IT work and expand cybersecurity and network management needs.

Why it matters: - The cloud managed services market is projected to become a $192 billion category by 2030, making it a major slice of the broader cloud services economy. - The forecast points to growing enterprise dependence on outside providers to run, secure and optimize cloud operations. - The market’s expansion matters because it tracks how quickly companies are shifting core IT functions into managed, cloud-based operating models.

What happened: - The Business Research Company released a 2026 cloud managed services market report with forecasts through 2035. - The report says the market will surpass $192 billion in 2030. - The report estimates cloud managed services will represent about 20% of the $955 billion cloud services parent market in 2030. - The report places the category at nearly 1% of the $13,788 billion global information technology market in 2030. - The report says the overall cloud managed services market will grow at a 13% CAGR leading up to 2030. - A free sample and the full report are available here and here.

The details: - North America is forecast to be the largest region in 2030 at $81 billion. - North America’s market is expected to rise from $60 billion in 2025 at a 6% CAGR. - The USA is projected to be the largest country market in 2030 at $78 billion. - The U.S. market is expected to grow from $59 billion in 2025 at a 6% CAGR. - Managed network services are projected to be the largest service-type segment, with 20% of the market, or $38 billion, in 2030. - The report also segments the market by deployment into public cloud and private cloud. - The report segments the market by organization size into large enterprises and small and medium-sized enterprises. - The report segments the market by end user into government, retail, IT and telecommunication, manufacturing, BFSI, healthcare, and energy and utilities. - The largest segment’s growth is tied to more complex hybrid and multi-cloud networks, real-time monitoring needs, distributed workforces, software-defined networking, network function virtualization, predictive analytics and resilience planning.

Between the lines: - The report’s growth logic centers on three forces: rising cloud adoption, expanding hybrid cloud use and higher demand for IT infrastructure management. - The cloud adoption trend is expected to contribute 2.2% annual growth, while hybrid cloud demand is projected to add 2.0% and rising IT infrastructure demand about 1.8%. - The largest opportunity areas are managed business services, managed network services, managed security services, managed infrastructure services, managed mobility services and managed communication and collaboration services. - Those six segments are projected to add more than $86 billion in market value by 2030. - The report frames the market shift as a move toward fully managed digital operations, AI-driven optimization and cloud-native service frameworks.

What's next: - The report expects continued enterprise migration toward hybrid and multi-cloud environments to keep demand elevated through 2030. - Managed providers are likely to benefit from demand for compliance, cybersecurity monitoring, network resilience and infrastructure optimization. - The Business Research Company says its 2026 reports now include market attractiveness scoring, TAM analysis, company scoring matrix graphics, Excel forecasting dashboards and market hotspot infographics. - The firm says it has published more than 30,000 reports across 27 industries and 60 geographies, using 1,500,000 datasets and industry interviews.

The bottom line: - Cloud managed services is moving from a support function to a core enterprise spending category, with North America, the U.S. and managed network services leading the growth curve.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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