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Cloud Managed Services Market by Service Type (Managed Network Services, Managed Infrastructure Services, Managed communication and collaboration Services, Managed Security Services), by Enterprise Size (Large Enterprises, Small & Medium Enterprises (SMEs)) by End User (Manufacturing, Government & Defense, Media & Entertainment, Retail, Healthcare & Life Sciences, IT & Telecommunications, Banking, Financial Services & Insurance (BFSI)) and Region, Global trends and forecast from 2022 to 2029

The Cloud Managed Services Market is expected to grow at 10.6% CAGR from 2022 to 2029. It is expected to reach above USD 186.5 billion by 2029 from USD 83.3 billion in 2021.

Segment Analysis
The Cloud End User Security market is segmented based on Service Type, Enterprise Size, End User and region, global trends and forecast.

Based on the Service Type, the Cloud Managed Services market is segmented into managed business services, manages network services, managed infrastructure services, managed communication and collaboration services. Communication and collaboration services accounts for the highest market share. A variety of communication tools such as voice, IP telephony calling, instant messaging, desktop sharing, telepresence and web conferencing, audio conferencing are involved in Communication and collaboration services. It helps the organizations to improve their employee productivity and enhance outputs.

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