The North America Cloud Professional Services Market would witness market growth of 14.9% CAGR during the forecast period (2021-2027). Advantages such as better efficiency, lower risk & cost, and accelerated cloud automation are offered by cloud professional service. The growing demand for cloud-based solutions across different industries such as healthcare, BFSI, education, and the government is fuelling the demand & growth of cloud professional services.
Companies are forced to adopt different kinds of cloud services due to the increasing prominence of cloud computing. The leading players operating in the market are providing cloud-based services for enterprises of different ranges, from small and medium to large enterprises, across a broad range of industries, hence creating more growth opportunities for the cloud professional services market.
Service vendors are successful in developing various opportunities for cloud professionals owing to the cost-efficiency and simple usage of different kinds of cloud services. The demand for professional cloud services is further fuelled by the quickly rising service sector in various countries. It is quite easy for cloud professional service to adapt to the ever-changing landscape and allows customers to adopt different solutions smoothly. It plays the role of IT catalyst for IT information, offering the capacity to integrate the required clouds with current on-premises infrastructure as per the working requirements of the company. There are a high number of players operating in the market which makes it extremely competitive.
The US market dominated the North America Cloud Professional Services Small & Medium Enterprises Market by Country 2020, growing at a CAGR of 16.8 % during the forecast period. The Canada market is experiencing a CAGR of 20.4% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 19.4% during (2021 - 2027).
The BFSI market dominated the Canada Cloud Professional Services Market by Industry Vertical 2020, thereby, achieving a market value of $534.8 million by 2027. The IT & Telecom market is estimated to grow at a CAGR of 16.3% during (2021 - 2027). Additionally, The Healthcare market is expected to witness highest CAGR of 18.1% during (2021 - 2027).
Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Type, the market is segmented into Public Cloud, Private Cloud and Hybrid Cloud. Based on Service Type, the market is segmented into Consulting, Application Development & Modernization, Implementation & Migration and Integration & Optimization. Based on Industry Vertical, the market is segmented into BFSI, IT & Telecom, Healthcare, Retail & eCommerce, Government & Defense, Media & Entertainment, Manufacturing, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Cloud Professional Services Market is Estimated to Reach USD 42.1 Billion by 2027 at a CAGR of 16.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Accenture PLC, HCL Technologies Ltd. (HCL Enterprises), Hewlett Packard Enterprise Company, IBM Corporation, DXC Technology Company, Cognizant Technology Solutions Corporation, Wipro Limited, Hitachi, Ltd., Cisco Systems, Inc., and Capgemini SE.
Scope of the Study
Market Segments Covered in the Report:
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Type
- Public Cloud
- Private Cloud
- Hybrid Cloud
By Service Type
- Consulting
- Application Development & Modernization
- Implementation & Migration
- Integration & Optimization
By Industry Vertical
- BFSI
- IT & Telecom
- Healthcare
- Retail & eCommerce
- Government & Defense
- Media & Entertainment
- Manufacturing
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Accenture PLC
- HCL Technologies Ltd. (HCL Enterprises)
- Hewlett Packard Enterprise Company
- IBM Corporation
- DXC Technology Company
- Cognizant Technology Solutions Corporation
- Wipro Limited
- Hitachi, Ltd.
- Cisco Systems, Inc.
- Capgemini SE
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Cloud Professional Services Market, by Organization Size
1.4.2 North America Cloud Professional Services Market, by Type
1.4.3 North America Cloud Professional Services Market, by Service Type
1.4.4 North America Cloud Professional Services Market, by Industry Vertical
1.4.5 North America Cloud Professional Services Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Business Expansions
3.2.4 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Acquisition and Mergers : 2018, Apr – 2021, Mar) Leading Players
Chapter 4. North America Cloud Professional Services Market by Organization Size
4.1 North America Cloud Professional Services Large Enterprises Market by Country
4.2 North America Cloud Professional Services Small & Medium Enterprises Market by Country
Chapter 5. North America Cloud Professional Services Market by Industry Vertical
5.1 North America BFSI Cloud Professional Services Market by Country
5.2 North America IT & Telecom Cloud Professional Services Market by Country
5.3 North America Healthcare Cloud Professional Services Market by Country
5.4 North America Retail & eCommerce Cloud Professional Services Market by Country
5.5 North America Government & Defense Cloud Professional Services Market by Country
5.6 North America Media & Entertainment Cloud Professional Services Market by Country
5.7 North America Manufacturing Cloud Professional Services Market by Country
5.8 North America Other Industry Vertical Cloud Professional Services Market by Country
Chapter 6. North America Cloud Professional Services Market by Type
6.1 North America Cloud Professional Services Public Cloud Market by Country
6.2 North America Cloud Professional Services Private Cloud Market by Country
6.3 North America Cloud Professional Services Hybrid Cloud Market by Country
Chapter 7. North America Cloud Professional Services Market by Service Type
7.1 North America Consulting Cloud Professional Services Market by Country
7.2 North America Application Development & Modernization Cloud Professional Services Market by Country
7.3 North America Implementation & Migration Cloud Professional Services Market by Country
7.4 North America Integration & Optimization Cloud Professional Services Market by Country
Chapter 8. North America Cloud Professional Services Market by Country
8.1 US Cloud Professional Services Market
8.1.1 US Cloud Professional Services Market by Organization Size
8.1.2 US Cloud Professional Services Market by Industry Vertical
8.1.3 US Cloud Professional Services Market by Type
8.1.4 US Cloud Professional Services Market by Service Type
8.2 Canada Cloud Professional Services Market
8.2.1 Canada Cloud Professional Services Market by Organization Size
8.2.2 Canada Cloud Professional Services Market by Industry Vertical
8.2.3 Canada Cloud Professional Services Market by Type
8.2.4 Canada Cloud Professional Services Market by Service Type
8.3 Mexico Cloud Professional Services Market
8.3.1 Mexico Cloud Professional Services Market by Organization Size
8.3.2 Mexico Cloud Professional Services Market by Industry Vertical
8.3.3 Mexico Cloud Professional Services Market by Type
8.3.4 Mexico Cloud Professional Services Market by Service Type
8.4 Rest of North America Cloud Professional Services Market
8.4.1 Rest of North America Cloud Professional Services Market by Organization Size
8.4.2 Rest of North America Cloud Professional Services Market by Industry Vertical
8.4.3 Rest of North America Cloud Professional Services Market by Type
8.4.4 Rest of North America Cloud Professional Services Market by Service Type
Chapter 9. Company Profiles
9.1 Accenture PLC
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 HCL Technologies Ltd. (HCL Enterprises)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.6 SWOT Analysis
9.3 Hewlett Packard Enterprise Company
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Acquisition and Mergers:
9.3.5.3 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 IBM Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional & Segmental Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 DXC Technology Company
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Recent strategies and developments:
9.5.4.1 Partnerships, Collaborations, and Agreements:
9.5.4.2 Product Launches and Product Expansions:
9.6 Cognizant Technology Solutions Corporation
9.6.1 Company overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Recent strategies and developments:
9.6.4.1 Acquisition and Mergers:
9.6.5 SWOT Analysis
9.7 Wipro Limited
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research and Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Acquisition and Mergers:
9.7.5.3 Business Expansions:
9.7.6 SWOT Analysis
9.8 Hitachi, Ltd.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Acquisition and Mergers:
9.8.5.2 Product Launches and Product Expansions:
9.8.6 SWOT Analysis
9.9 Cisco Systems, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Acquisition and Mergers:
9.9.6 SWOT Analysis
9.10. Capgemini SE
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
9.10.4 Recent strategies and developments:
9.10.4.1 Partnerships, Collaborations, and Agreements:
9.10.4.2 Acquisition and Mergers:
TABLE 1 North America Cloud Professional Services Market, 2017 - 2020, USD Million
TABLE 2 North America Cloud Professional Services Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Cloud Professional Services Market
TABLE 4 Product Launches And Product Expansions– Cloud Professional Services Market
TABLE 5 Business Expansions– Cloud Professional Services Market
TABLE 6 Acquisition and Mergers– Cloud Professional Services Market
TABLE 7 North America Cloud Professional Services Market by Organization Size, 2017 - 2020, USD Million
TABLE 8 North America Cloud Professional Services Market by Organization Size, 2021 - 2027, USD Million
TABLE 9 North America Cloud Professional Services Large Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Cloud Professional Services Large Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Cloud Professional Services Small & Medium Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Cloud Professional Services Small & Medium Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Cloud Professional Services Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 14 North America Cloud Professional Services Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 15 North America BFSI Cloud Professional Services Market by Country, 2017 - 2020, USD Million
TABLE 16 North America BFSI Cloud Professional Services Market by Country, 2021 - 2027, USD Million
TABLE 17 North America IT & Telecom Cloud Professional Services Market by Country, 2017 - 2020, USD Million
TABLE 18 North America IT & Telecom Cloud Professional Services Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Healthcare Cloud Professional Services Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Healthcare Cloud Professional Services Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Retail & eCommerce Cloud Professional Services Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Retail & eCommerce Cloud Professional Services Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Government & Defense Cloud Professional Services Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Government & Defense Cloud Professional Services Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Media & Entertainment Cloud Professional Services Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Media & Entertainment Cloud Professional Services Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Manufacturing Cloud Professional Services Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Manufacturing Cloud Professional Services Market by Country, 2021 - 2027, USD Million
TABLE 29 North America Other Industry Vertical Cloud Professional Services Market by Country, 2017 - 2020, USD Million
TABLE 30 North America Other Industry Vertical Cloud Professional Services Market by Country, 2021 - 2027, USD Million
TABLE 31 North America Cloud Professional Services Market by Type, 2017 - 2020, USD Million
TABLE 32 North America Cloud Professional Services Market by Type, 2021 - 2027, USD Million
TABLE 33 North America Cloud Professional Services Public Cloud Market by Country, 2017 - 2020, USD Million
TABLE 34 North America Cloud Professional Services Public Cloud Market by Country, 2021 - 2027, USD Million
TABLE 35 North America Cloud Professional Services Private Cloud Market by Country, 2017 - 2020, USD Million
TABLE 36 North America Cloud Professional Services Private Cloud Market by Country, 2021 - 2027, USD Million
TABLE 37 North America Cloud Professional Services Hybrid Cloud Market by Country, 2017 - 2020, USD Million
TABLE 38 North America Cloud Professional Services Hybrid Cloud Market by Country, 2021 - 2027, USD Million
TABLE 39 North America Cloud Professional Services Market by Service Type, 2017 - 2020, USD Million
TABLE 40 North America Cloud Professional Services Market by Service Type, 2021 - 2027, USD Million
TABLE 41 North America Consulting Cloud Professional Services Market by Country, 2017 - 2020, USD Million
TABLE 42 North America Consulting Cloud Professional Services Market by Country, 2021 - 2027, USD Million
TABLE 43 North America Application Development & Modernization Cloud Professional Services Market by Country, 2017 - 2020, USD Million
TABLE 44 North America Application Development & Modernization Cloud Professional Services Market by Country, 2021 - 2027, USD Million
TABLE 45 North America Implementation & Migration Cloud Professional Services Market by Country, 2017 - 2020, USD Million
TABLE 46 North America Implementation & Migration Cloud Professional Services Market by Country, 2021 - 2027, USD Million
TABLE 47 North America Integration & Optimization Cloud Professional Services Market by Country, 2017 - 2020, USD Million
TABLE 48 North America Integration & Optimization Cloud Professional Services Market by Country, 2021 - 2027, USD Million
TABLE 49 North America Cloud Professional Services Market by Country, 2017 - 2020, USD Million
TABLE 50 North America Cloud Professional Services Market by Country, 2021 - 2027, USD Million
TABLE 51 US Cloud Professional Services Market, 2017 - 2020, USD Million
TABLE 52 US Cloud Professional Services Market, 2021 - 2027, USD Million
TABLE 53 US Cloud Professional Services Market by Organization Size, 2017 - 2020, USD Million
TABLE 54 US Cloud Professional Services Market by Organization Size, 2021 - 2027, USD Million
TABLE 55 US Cloud Professional Services Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 56 US Cloud Professional Services Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 57 US Cloud Professional Services Market by Type, 2017 - 2020, USD Million
TABLE 58 US Cloud Professional Services Market by Type, 2021 - 2027, USD Million
TABLE 59 US Cloud Professional Services Market by Service Type, 2017 - 2020, USD Million
TABLE 60 US Cloud Professional Services Market by Service Type, 2021 - 2027, USD Million
TABLE 61 Canada Cloud Professional Services Market, 2017 - 2020, USD Million
TABLE 62 Canada Cloud Professional Services Market, 2021 - 2027, USD Million
TABLE 63 Canada Cloud Professional Services Market by Organization Size, 2017 - 2020, USD Million
TABLE 64 Canada Cloud Professional Services Market by Organization Size, 2021 - 2027, USD Million
TABLE 65 Canada Cloud Professional Services Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 66 Canada Cloud Professional Services Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 67 Canada Cloud Professional Services Market by Type, 2017 - 2020, USD Million
TABLE 68 Canada Cloud Professional Services Market by Type, 2021 - 2027, USD Million
TABLE 69 Canada Cloud Professional Services Market by Service Type, 2017 - 2020, USD Million
TABLE 70 Canada Cloud Professional Services Market by Service Type, 2021 - 2027, USD Million
TABLE 71 Mexico Cloud Professional Services Market, 2017 - 2020, USD Million
TABLE 72 Mexico Cloud Professional Services Market, 2021 - 2027, USD Million
TABLE 73 Mexico Cloud Professional Services Market by Organization Size, 2017 - 2020, USD Million
TABLE 74 Mexico Cloud Professional Services Market by Organization Size, 2021 - 2027, USD Million
TABLE 75 Mexico Cloud Professional Services Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 76 Mexico Cloud Professional Services Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 77 Mexico Cloud Professional Services Market by Type, 2017 - 2020, USD Million
TABLE 78 Mexico Cloud Professional Services Market by Type, 2021 - 2027, USD Million
TABLE 79 Mexico Cloud Professional Services Market by Service Type, 2017 - 2020, USD Million
TABLE 80 Mexico Cloud Professional Services Market by Service Type, 2021 - 2027, USD Million
TABLE 81 Rest of North America Cloud Professional Services Market, 2017 - 2020, USD Million
TABLE 82 Rest of North America Cloud Professional Services Market, 2021 - 2027, USD Million
TABLE 83 Rest of North America Cloud Professional Services Market by Organization Size, 2017 - 2020, USD Million
TABLE 84 Rest of North America Cloud Professional Services Market by Organization Size, 2021 - 2027, USD Million
TABLE 85 Rest of North America Cloud Professional Services Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 86 Rest of North America Cloud Professional Services Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 87 Rest of North America Cloud Professional Services Market by Type, 2017 - 2020, USD Million
TABLE 88 Rest of North America Cloud Professional Services Market by Type, 2021 - 2027, USD Million
TABLE 89 Rest of North America Cloud Professional Services Market by Service Type, 2017 - 2020, USD Million
TABLE 90 Rest of North America Cloud Professional Services Market by Service Type, 2021 - 2027, USD Million
TABLE 91 Key information – Accenture PLC
TABLE 92 Key Information – HCL Technologies Ltd.
TABLE 93 key information – Hewlett Packard Enterprise Company
TABLE 94 Key information – IBM Corporation
TABLE 95 key information – DXC Technology Company
TABLE 96 Key Information – Cognizant Technology Solutions Corporation
TABLE 97 Key Information – Wipro Limited
TABLE 98 Key Information – Hitachi, Ltd.
TABLE 99 Key Information – Cisco Systems, Inc.
TABLE 100 Key Information – Capgemini SE
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Acquisition and Mergers : 2018, Apr – 2021, Mar) Leading Players
FIG 5 Recent strategies and developments: Accenture PLC
FIG 6 Swot analysis: Accenture plc
FIG 7 SWOT Analysis: HCL Technologies Ltd.
FIG 8 Recent strategies and developments: Hewlett Packard Enterprise Company
FIG 9 SWOT analysis: Hewlett-Packard enterprise Company
FIG 10 Recent strategies and developments: IBM Corporation
FIG 11 Swot analysis: IBM Corporation
FIG 12 Recent strategies and developments: DXC Technology Company
FIG 13 Swot analysis: cognizant technology solutions corporation
FIG 14 Recent strategies and developments: Wipro Limited
FIG 15 SWOT Analysis: Wipro Limited
FIG 16 Recent strategies and developments: Hitachi, Ltd.
FIG 17 SWOT Analysis: Hitachi, ltd.
FIG 18 SWOT Analysis: Cisco Systems, Inc.
FIG 19 Recent strategies and developments: Capgemini SE