Albany, NY -- (SBWIRE) -- 05/14/2019 -- In terms of services type, the AWS Managed Services market is bifurcated into advisory services, cloud migration services, and operations services. The advisory services segment is likely to expand at a significant CAGR of more than 15% during the forecast period. This expansion is due to the increasing adoption of AWS customers, which generates the need for consulting services for optimal functioning and identifying workloads for cloud migration. However, the operations services segment is estimated to hold a prominent share of the market during the forecast period.

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The operational activities involved in the process such as ongoing infrastructure operations, access management, security management, change management and incident management are contributing to the significant share held by the operations service segment.

North America is expected to hold substantial share of the global AWS Managed Services market during the forecast period. Expansion of the market in the region is primarily due to the significant adoption of AWS in multiple industry verticals in the region. For instance, Utah, the U.S.-based online clothing and outdoor recreation gear retailer Backcountry.com and another platform Motosport.com was looking for migration to cloud in order to save on operational costs. 1Strategy, an AWS advanced consulting partner, assisted Backcountry with AWS Migration Acceleration Program (MAP), which after a few months achieved 100% reduction in hardware-related and capitalized expenses and 25% reduction in operational expenses. Similarly, Remitly, Inc., a digital money transfer platform based at Washington, U.S., was looking to make changes in their Amazon Web Services (AWS) infrastructure, which is expected to handle their rapidly changing capacity demands at a rapid pace, 1Strategy planned and executed Remitly's database migration from Amazon RDS MySQL to Amazon Aurora.

Accenture plc., DXC Technology Company, Rackspace Inc., Capgemini, and Slalom LLC. are some of the major players operating in the AWS Managed Services market, profiled in this study. Details such as financials, SWOT analysis, business strategies, recent developments, AWS certified professionals and other such strategic information pertaining to these players have been duly provided as a part of company profiling. Various market players are establishing partnerships, entering into strategic M&As, and expanding in order to enhance their AWS Managed Services offerings worldwide.

For instance, In November 2017, Rackspace completed the acquisition of New Jersey, U.S.-based Datapipe. Datapipe is a leading information technology company that engages in managed hosting, and provides cloud computing services globally. This has helped Rackspace to become a prominent provider of managed public cloud services across all major public cloud platforms

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The global AWS Managed Services market can be segmented as follows:

Global AWS Managed Services Market, by Service Type

Advisory Services
Cloud Migration Services
Operations Services
Global AWS Managed Services Market, by Geography

North America
U.S.
Canada
Rest of North America
Europe
K
Germany
France
Rest of Europe