Cloud Engineering Market Research Report- Global Forecast 2027

Global Cloud Engineering Market, By Service Type (Training and education, Cloud Security, Consulting), By Deployment (Private, Hybrid), By End-users (IT & Telecommunications, BFSI, Healthcare)- Forecast 2027

ID: MRFR/ICT/2731-HCR | February 2021 | Region: Global | 100 pages

Market Overview


The Cloud Engineering Market is predicted to meet approximately USD 13 billion for the forecast period of 2023. Further, the global market share to meet at 21% CAGR during the forecast period of 2017 to 2023. The cloud computing engineering discipline has various application forms, and among them, cloud engineering is well known for the process of designing systems. Cloud engineering concerns standardization and commercialization of cloud computing with considering a systematic approach. One of the highly competitive markets in the globe is Cloud Engineering Market. The competitive landscape analysis report of the global market explains that the Cloud Engineering Industry is developing its strength with the involvement of various domestic brands and various established international brands. The global market is expanding and gaining more popularity in the international market due to the continuous efforts of the key players who are applying various strategic mergers and innovation, acquisitions, increasing investments in the cost-effective product portfolio, and growing investment in research and development. The presence of several large vendors in the Cloud Engineering Market is making it a highly competitive field in the global market.


The Cloud Engineering Market has been segmented based on the deployment type, service type, organization size, and end-users. Hence, the high demand for concept testing before making any investments, increasing demand for tailored devices, and increasing demand for adoption of cloud services are the major factors that are contributing to the Cloud Engineering Market Growth. Moreover, the global market is increasing its demand due to the emergence of the internet of things, which is predicted to increase the Cloud Engineering Market Share for the forecast period of 2017 to 2023. Further, the global market might get hamper growth due to several factors like the fear of losing data and concern of regulatory compliance.


The Cloud Engineering Market Analysis report has highlighted the overall market growth and development for the forecast period. Moreover, this report has focused on the COVID 19 impact analysis to make an understanding of the pandemic situation and how it has affected global products and services. This report has also highlighted the recent developments and competitions in the Cloud Engineering Market with making understand various strategic mergers and innovation, acquisitions, increasing investments in the cost-effective product portfolio, and growing investment in research and development. Along with that, the report has given emphasis on the market dynamics, segmental overview, and regional analysis to understand the growth potentials in the upcoming years.


COVID-19 Impact Analysis


The global pandemic has affected the Cloud Engineering Market growth for a certain period of time in 2020. All across the regions, the lockdown has affected the sales and productivity of the global market. The lack of workforce, transportations, and investors has impacted the Global Cloud Engineering Market very harshly.


However, the key players have given their efforts to change the pandemic restraints into global opportunities. The key players have implied various ideas and strategies to promote their product on a large scale. Their effective measures to revive the situation have brought more opportunities for the Cloud Engineering Market.


Global Market Dynamics 



  • Key Driver of the Global Market


The high demand for concept testing before making any investments, increasing demand for tailored devices, and increasing demand for adoption of cloud services are the major factors that are contributing to the Cloud Engineering Market Growth. Moreover, the global market is increasing its demand due to the emergence of the internet of things, which is predicted to increase the Cloud Engineering Market Share for the forecast period of 2017 to 2023.


As a result, the market has increased its demand over the worldwide market services and brings more opportunities for the manufacturers and industrialists.



  • Opportunities for the Global Market


The emergence of the Internet of Things (IoT) and the increasing adoption of cloud-based services are increasing the demand of the Cloud Engineering Market. Therefore, the increasing demand for cloud engineering applications has brought more scopes and opportunities for manufacturers.


As a result, the growing investment in research and development for the Cloud Engineering Market is bringing more opportunities for the global market for the forecast period.



  • Global Market Restraints


The Cloud Engineering Market's growth is bringing more opportunities for the global market and its various barriers, which can hamper the global market growth. The rising concerns for regulatory compliances, the protection of Intellectual Property Rights (IPR), and the fear of losing control of data are some of the major restraints for the global market growth.


The Cloud Engineering Market Research Report has highlighted that the increased market size and market share are the major focus of the key drivers who are working hard to get fruitful results.



  • Challenges for the Global Market


The increasing demand for cloud engineering applications has brought more scopes and opportunities for manufacturers and industrialists. But the Engineering Market might face challenges due to the increasing demand across the regions. For this, the global market needs to involve more key players to reach all the regions.


The Cloud Engineering Market Analysis report explains that the global market players are working progressively on this increasing applications challenge to further develop more investment in this marketing field.



  • Cumulative Growth Analysis


The Cloud Engineering Market is predicted to meet approximately USD 13 billion for the forecast period of 2023. Further, the global market share to meet at 21% CAGR during the forecast period of 2017 to 2023.


Thus, the increased market size and market share are the major focus of the key drivers who are working hard to increase the Engineering Market's growth.


Market segmentation Overview



  • By Service Type:


The global CE Market has been classified into Migration, Cloud Security, Cloud Storage, Consulting, Design, Training, Integration, and Others based on the service type segmentation.


The cloud storage service type is predicted to generate a higher CAGR for the reviewed period among all these service types.



  • By Deployment:


According to the deployment segment, the global Cloud Engineering Market has been classified into Private, Hybrid, and Public.


In the forecast period of 2017, the public cloud deployment model has generated a higher market share for the global market.



  • By Organisation Size:


According to the Organization size segmentations, the global Cloud Engineering Market has been classified into Small, Large, and Medium.


The Small and Medium-Sized Enterprises (SMEs) segment is predicted to generate higher market growth for the forecast period.



  • By End-users:


According to the end-users segmentation, the global Cloud Engineering Market has been segmented based on the Healthcare, Energy & Utilities, BFSI, Retail, IT & Telecommunications, Government, and Others.


All these end-users are increasing the market growth across the regions due to the increasing demand for cloud engineering services.


Regional Overview


According to the regional overview, the global market has its business across various regions such as Asia-Pacific, North America, Europe, South America, and other parts of the world.


The North-American region is generating a higher Cloud Engineering Market Share for the forecast period of 2017 to 2023. This region is generating more CE Market share due to several factors like the presence of a large number of enterprises, easy availability of technical expertise, and advanced IT infrastructure in the region.


Competitive Analysis


The Global market has various Cloud Engineering Market Top Players who are developing the global structure of the market. These market key players are:



  • GFT Technologies SE (Europe)

  • Engineering Ingegneria Informatica SpA (Europe)

  • ITC Infotech India Ltd. (India)

  • Calsoft Inc. (US)

  • Aricent Inc. (US)

  • Rapidvalue Solutions Inc. (US)

  • Nitor Infotech (India)

  • VVDN Technologies (India)

  • Softcrylic LLC (US)

  • Searce Inc. (US)

  • Trianz (US)

  • Sogeti (Europe)


The Cloud Engineering Market is gaining more strength with the support of these major key players. Further, the global market is enhancing its growth with the continuous support and efforts of the global market players.


Recent Developments



  • In July 2017, a global technology and engineering service provider Capgemini Group had launched its subsidiary called Sogeti to do a partnership with the energy network provider Enexis Group and announced an agreement of 50 million euros to transform more than 200 enterprise applications into a public cloud environment.


Report Overview


The Cloud Engineering Market Analysis report has highlighted the overall market growth and development for the forecast period. Moreover, this report has focused on the COVID 19 impact analysis to make an understanding of the pandemic situation and how it has affected global products and services. This report has also highlighted the recent developments and competitions in the Cloud Engineering Market with making understand various strategic mergers and innovation, acquisitions, increasing investments in the cost-effective product portfolio, and growing investment in research and development. Along with that, the report has given emphasis on the market dynamics, segmental overview, and regional analysis to understand the growth potentials in the upcoming years.


By Service Type



  • Migration,

  • Cloud Security

  • Cloud Storage

  • Consulting

  • Design

  • Training

  • Integration

  • Others


By Deployment



  • Private

  • Hybrid

  • Public


By Organisation Size



  • Small

  • Large

  • Medium


By End-users



  • Healthcare

  • Energy & Utilities

  • BFSI

  • Retail

  • IT & Telecommunications

  • Government

  • Others



Frequently Asked Questions (FAQ) :


The growing investments towards research and development are estimated to transform the market.

Calsoft Inc. (US), Aricent Inc. (US), Engineering Ingegneria Informatica SpA (Europe), Rapidvalue Solutions Inc. (US), ITC Infotech India Ltd. (India) and Nitor Infotech (India) are the eminent contenders in the market.

A 21 % CAGR is expected to stimulate the expansion of the market in the coming years.

A USD 13 billion income is estimated to be perceived in the market in the forecast period.

Deployment type, end-users,service type, organization size, and region are the segments made in the market.

TABLE OF CONTENTS

1 MARKET INTRODUCTION

1.1 INTRODUCTION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS

1.2.3 LIMITATIONS

1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY

2.1 RESEARCH NETWORK SOLUTION

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH

2.4 FORECAST MODEL

2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST

2.4.2 MARKET SIZE ESTIMATION
3 MARKET DYNAMICS

3.1 INTRODUCTION

3.2 MARKET DRIVERS

3.3 MARKET CHALLENGES

3.4 MARKET OPPORTUNITIES

3.5 MARKET RESTRAINTS
4 EXECUTIVE SUMMARY

5. MARKET FACTOR ANALYSIS

5.1 PORTER’S FIVE FORCES ANALYSIS

5.2 SUPPLY CHAIN ANALYSIS

6 GLOBAL CLOUD ENGINEERING MARKET, BY SEGMENTS

6.1 INTRODUCTION

6.2 MARKET STATISTICS

6.2.1 BY SERVICE TYPE

6.2.1.1 CONSULTING

6.2.1.2 DESIGN

6.2.1.3 INTEGRATION

6.2.1.4 MIGRATION

6.2.1.5 CLOUD SECURITY

6.2.1.6 CLOUD STORAGE

6.2.1.7 OTHERS

6.2.2 BY DEPLOYMENT

6.2.2.1 PUBLIC

6.2.2.2 PRIVATE

6.2.2.3 HYBRID

6.2.3 BY ORGANIZATION SIZE

6.2.3.1 LARGE

6.2.3.2 MEDIUM

6.2.3.3 SMALL

6.2.4 BY END-USERS

6.2.4.1 IT & TELECOMMUNICATION

6.2.4.2 HEALTHCARE

6.2.4.3 BFSI

6.2.4.4 ENERGY & UTILITIES

6.2.4.5 RETAIL

6.2.4.6 GOVERNMENT

6.2.4.7 OTHERS

6.2.5 BY GEOGRAPHY

6.2.5.1 NORTH AMERICA

6.2.5.2 EUROPE

6.2.5.3 ASIA-PACIFIC

6.2.5.4 REST OF THE WORLD

7 COMPETITIVE ANALYSIS

7.1 MARKET SHARE ANALYSIS

7.2 COMPANY PROFILES

7.2.1 TRIANZ (US)

7.2.2 SOGETI (EUROPE)

7.2.3 GFT TECHNOLOGIES SE (EUROPE)

7.2.4 ARICENT INC. (US)

7.2.5 RAPIDVALUE SOLUTIONS INC. (US)

7.2.6 ENGINEERING INGEGNERIA INFORMATICA SPA (EUROPE)

7.2.7 ITC INFOTECH INDIA LTD. (INDIA)

7.2.8 CALSOFT INC. (US)

7.2.9 NITOR INFOTECH (INDIA)

7.2.10 VVDN TECHNOLOGIES (INDIA)

7.2.11 SOFTCRYLIC LLC (US)

7.2.12 SEARCE INC. (US)

7.2.3 OTHERS


LIST OF TABLES

TABLE 1 GLOBAL CLOUD ENGINEERING MARKET, BY SERVICE TYPE

TABLE 2 GLOBAL CLOUD ENGINEERING MARKET, BY DEPLOYMENT

TABLE 3 GLOBAL CLOUD ENGINEERING MARKET, BY ORGANIZATION SIZE

TABLE 4 GLOBAL CLOUD ENGINEERING MARKET, BY END-USERS

TABLE 5 GLOBAL CLOUD ENGINEERING MARKET, BY GEOGRAPHY

TABLE 6 NORTH AMERICA CLOUD ENGINEERING MARKET, BY SERVICE TYPE

TABLE 7 NORTH AMERICA CLOUD ENGINEERING MARKET, BY DEPLOYMENT

TABLE 8 NORTH AMERICA CLOUD ENGINEERING MARKET, BY ORGANIZATION SIZE

TABLE 9 NORTH AMERICA CLOUD ENGINEERING MARKET, BY END-USERS

TABLE 10 U.S CLOUD ENGINEERING MARKET, BY SERVICE TYPE

TABLE 11 U.S. CLOUD ENGINEERING MARKET, BY DEPLOYMENT

TABLE 12 U.S CLOUD ENGINEERING MARKET, BY ORGANIZATION SIZE

TABLE 13 U.S. CLOUD ENGINEERING MARKET, BY END-USERS

TABLE 14 CANADA CLOUD ENGINEERING MARKET, BY SERVICE TYPE

TABLE 15 CANADA CLOUD ENGINEERING MARKET, BY DEPLOYMENT

TABLE 16 CANADA CLOUD ENGINEERING MARKET, BY ORGANIZATION SIZE

TABLE 17 CANADA CLOUD ENGINEERING MARKET, BY END-USERS

TABLE 18 EUROPE CLOUD ENGINEERING MARKET, BY SERVICE TYPE

TABLE 19 EUROPE CLOUD ENGINEERING MARKET, BY DEPLOYMENT

TABLE 20 EUROPE CLOUD ENGINEERING MARKET, BY ORGANIZATION SIZE

TABLE 21 EUROPE CLOUD ENGINEERING MARKET, BY END-USERS

TABLE 22 GERMANY CLOUD ENGINEERING MARKET, BY SERVICE TYPE

TABLE 23 GERMANY CLOUD ENGINEERING MARKET, BY DEPLOYMENT

TABLE 24 GERMANY CLOUD ENGINEERING MARKET, BY ORGANIZATION SIZE

TABLE 25 GERMANY CLOUD ENGINEERING MARKET, BY END-USERS

TABLE 26 FRANCE CLOUD ENGINEERING MARKET, BY SERVICE TYPE

TABLE 27 FRANCE CLOUD ENGINEERING MARKET, BY DEPLOYMENT

TABLE 28 FRANCE CLOUD ENGINEERING MARKET, BY ORGANIZATION SIZE

TABLE 29 FRANCE CLOUD ENGINEERING MARKET, BY END-USERS

TABLE 30 U.K. CLOUD ENGINEERING MARKET, BY SERVICE TYPE

TABLE 31 U.K. CLOUD ENGINEERING MARKET, BY DEPLOYMENT

TABLE 32 U.K. CLOUD ENGINEERING MARKET, BY ORGANIZATION SIZE

TABLE 33 U.K. CLOUD ENGINEERING MARKET, BY END-USERS

TABLE 34 REST OF EUROPE CLOUD ENGINEERING MARKET, BY SERVICE TYPE

TABLE 35 REST OF EUROPE CLOUD ENGINEERING MARKET, BY DEPLOYMENT

TABLE 36 REST OF EUROPE CLOUD ENGINEERING MARKET, BY ORGANIZATION SIZE

TABLE 37 REST OF EUROPE CLOUD ENGINEERING MARKET, BY END-USERS

TABLE 38 ASIA-PACIFIC CLOUD ENGINEERING MARKET, BY SERVICE TYPE

TABLE 39 ASIA-PACIFIC CLOUD ENGINEERING MARKET, BY DEPLOYMENT

TABLE 40 ASIA-PACIFIC CLOUD ENGINEERING MARKET, BY ORGANIZATION SIZE

TABLE 41 ASIA-PACIFIC CLOUD ENGINEERING MARKET, BY END-USERS

TABLE 42 REST OF THE WORLD CLOUD ENGINEERING MARKET, BY SERVICE TYPE

TABLE 43 REST OF THE WORLD CLOUD ENGINEERING MARKET, BY DEPLOYMENT

TABLE 44 REST OF THE WORLD CLOUD ENGINEERING MARKET, BY ORGANIZATION SIZE

TABLE 45 REST OF THE WORLD CLOUD ENGINEERING MARKET, BY END-USERS

LIST OF FIGURES

FIGURE 1 RESEARCH ORGANIZATION SIZE

FIGURE 2 GLOBAL CLOUD ENGINEERING MARKET, BY SERVICE TYPE (%)

FIGURE 3 GLOBAL CLOUD ENGINEERING MARKET, BY DEPLOYMENT (%)

FIGURE 4 GLOBAL CLOUD ENGINEERING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 5 GLOBAL CLOUD ENGINEERING MARKET, BY END-USERS (%)

FIGURE 6 GLOBAL CLOUD ENGINEERING MARKET, BY REGIONS (%)

FIGURE 7 NORTH AMERICA CLOUD ENGINEERING MARKET, BY SERVICE TYPE (%)

FIGURE 8 NORTH AMERICA CLOUD ENGINEERING MARKET, BY DEPLOYMENT (%)

FIGURE 9 NORTH AMERICA CLOUD ENGINEERING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 10 NORTH AMERICA CLOUD ENGINEERING MARKET, BY END-USERS (%)

FIGURE 11 EUROPE CLOUD ENGINEERING MARKET, BY SERVICE TYPE (%)

FIGURE 12 EUROPE CLOUD ENGINEERING MARKET, BY DEPLOYMENT (%)

FIGURE 13 EUROPE CLOUD ENGINEERING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 14 EUROPE CLOUD ENGINEERING MARKET, BY END-USERS (%)

FIGURE 15 ASIA-PACIFIC CLOUD ENGINEERING MARKET, BY SERVICE TYPE (%)

FIGURE 16 ASIA-PACIFIC CLOUD ENGINEERING MARKET, BY DEPLOYMENT (%)

FIGURE 17 ASIA-PACIFIC CLOUD ENGINEERING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 18 ASIA-PACIFIC CLOUD ENGINEERING MARKET, BY END-USERS (%)

FIGURE 19 REST OF THE WORLD CLOUD ENGINEERING MARKET, BY SERVICE TYPE (%)

FIGURE 20 REST OF THE WORLD CLOUD ENGINEERING MARKET, BY DEPLOYMENT (%)

FIGURE 21 REST OF THE WORLD CLOUD ENGINEERING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 22 REST OF THE WORLD CLOUD ENGINEERING MARKET, BY END-USERS (%)