Managed Application & Network Services Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 7/31/2017
SIC Codes: 7374, 7379
NAICS Codes: 518210
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
View Full Sample Add To Cart

Excerpt from Managed Application & Network Services Industry Profile

Companies in this industry provide application hosting and data storage services, data processing, time-sharing computing services, and related infrastructure and network services. Major companies include Amazon Web Services, Google (through Google Cloud Platform), Microsoft's Azure unit, Oracle, and Rackspace (all US-based), along with Alibaba (China) and Interoute (UK).

The worldwide public cloud services market -- a key driver of industry growth -- is projected to grow nearly 20% in 2017 to total about $247 billion, up from $209 billion in 2016, according to Gartner. The US and Europe are established markets for cloud services, while China is expected to contribute high levels of growth over the next five years amid major digital transformation efforts.

The US managed application and network services industry includes about 13,600 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $130 billion.

COMPETITIVE LANDSCAPE

Companies with the access to capital for new equipment and the ability to maintain large networks of data centers enjoy significant advantages. A highly skilled workforce is required to ensure data center uptime and access to data. Some companies may focus on a single category of services, such as managed website hosting, while others may offer a broad range of services to compete effectively in the market.

Among providers of public cloud computer services, Amazon maintained a 40% share of the market in Q4 2016, according to Synergy Research Group. ...

 
View Full Sample Add To Cart Return to the Industry Profile Menu

Related Profiles

Here are a few profiles related to Managed Application & Network Services that you also might be interested in viewing:

Would you or your company benefit from having unlimited access to First Research's industry intelligence tools?

Learn More About Subscription Options