Cloud-based Value-added Service Market by Type, Function, Application

Description

List of Tables

[181 Pages Report] The Cloud-based Value-added Service Market size was estimated at USD 379.39 billion in 2023 and expected to reach USD 437.63 billion in 2024, at a CAGR 16.10% to reach USD 1,079.11 billion by 2030.

A cloud-based value-added service (VAS) refers to supplemental services provided over the internet that add value to the primary services available through cloud computing. These services often enhance the basic offerings with additional features or capabilities to improve the user experience, efficiency, and effectiveness of cloud computing services. With digital transformation accelerating, the market for these services is poised for significant growth, driven by the need for scalable, cost-efficient IT infrastructure and the adoption of across-the-board mobile and IoT technologies. Emerging innovations such as AI, blockchain, and edge computing present new avenues for service enhancement, promising more personalized, secure, and efficient solutions. However, data security, regulatory compliance, and the demands of technological investment pose hurdles to growth. Nevertheless, future research and innovation efforts focus on developing robust cybersecurity measures, leveraging AI for customization, improving service integration, and pursuing eco-friendly computing practices to address market needs and environmental concerns.

KEY MARKET STATISTICS
Base Year [2023]	USD 379.39 billion
Estimated Year [2024]	USD 437.63 billion
Forecast Year [2030]	USD 1,079.11 billion
CAGR (%)	16.10%

Type: Significant usage of advanced IPS services to detect and prevent attacks in real-time

Advanced Intrusion Prevention System (IPS) Services are crucial to cloud-based security strategies, offering comprehensive protection against a wide range of cyber threats. These services are developed to detect and prevent attacks in real-time, using sophisticated techniques to analyze traffic for malicious activities. By leveraging the latest security technology, advanced IPS services ensure that cloud environments remain resilient against evolving threats, providing peace of mind for businesses relying on cloud infrastructure. Basic value-added services in the cloud computing sphere encompass a range of supplemental services to enhance the core capabilities of cloud offerings. These services include backup and recovery solutions, basic security measures, and performance monitoring tools. While fundamental, these services are pivotal in ensuring the reliability, availability, and efficiency of cloud-based solutions, thereby enriching the overall user experience. The hybrid cloud VPN Integration Service provides a secure bridge between on-premises networks and cloud environments, enabling seamless connectivity and data exchange. This service is particularly vital for organizations adopting a hybrid cloud strategy, requiring a robust solution for integrating diverse computing landscapes. By offering enhanced security, scalability, and flexibility, Hybrid Cloud VPN Integration Services facilitate the smooth operation and management of hybrid cloud infrastructures, ensuring data integrity and privacy across the board. Internet traffic monitoring and management services are essential for organizations seeking to maintain optimal performance and security of their online operations. These services offer real-time visibility into internet traffic, empowering businesses to identify bottlenecks, monitor bandwidth usage, and detect potential security threats. With these insights, organizations can make informed judgments regarding resource allocation, traffic shaping, and policy enforcement, thus ensuring a reliable and secure digital presence.

Application: Emerging utilization of cloud-based value-added service across the BFSI sector

In the BFSI sector, cloud-based VAS enhances operational efficiency, security, and compliance. These services facilitate advanced analytics for risk assessment, mobile banking solutions for improved customer service, and blockchain services for secure transactions. Moreover, they enable banks and financial institutions to innovate rapidly, offering new products and services with agility and at a lower cost than traditional IT infrastructure. The healthcare sector benefits significantly from cloud-based VAS through telemedicine, electronic health records (EHR), and personalized medicine solutions. These services ensure seamless access to patient records, facilitate remote patient monitoring, and improve collaboration across healthcare providers. Furthermore, data analytics powered by cloud VAS can predict outbreaks, improve patient outcomes, and optimize resource allocation, ultimately leading to improved public health management. In Information and Communication Technology (ICT), cloud-based VAS supports robust infrastructure services, platform services, and advanced software solutions. They enhance the capabilities of data centers, improve network infrastructure, and provide cutting-edge cybersecurity measures. Additionally, these services foster innovation in AI, the Internet of Things (IoT), and big data analytics, enabling businesses to remain at the forefront of technological advances and retain a competitive edge. Cloud-based VAS revolutionizes the manufacturing sector by allowing smart manufacturing practices. These services facilitate the integration of IoT for real-time monitoring of equipment, predictive maintenance, and supply chain optimization. Additionally, cloud-based Computer-aided Design (CAD) and Computer-aided Manufacturing (CAM) tools support more efficient product design and production processes. By adopting these services, manufacturers can achieve higher operational efficiency, reduce costs, and accelerate time-to-market for new products.

Regional Insights

In the Americas, cloud-based solutions have a high adoption rate due to the pervasive presence of technology in everyday life and strong corporate sectors actively seeking efficiency improvements and cost reductions. The United States is at the forefront of innovation, with numerous patents filed annually across cloud computing technologies and services. Businesses focus on delivering personalized, scalable solutions to cater to a broad customer base, ranging from small enterprises to global corporations. The EU countries exhibit strong growth in cloud services, driven by data protection laws such as GDPR, which has encouraged secure and compliant cloud solutions. Investment in cloud infrastructure is robust, supported by private and governmental initiatives, particularly in economies such as Germany, France, and the UK. In contrast, the Middle East and Africa are experiencing rapid digital transformation, with cloud services being a key growth area. Efforts to enhance digital infrastructure and promote smart cities are underway, offering significant opportunities for cloud service providers. The Asia-Pacific region represents a dynamic and fast-growing market for cloud-based value-added services due to substantial investments in local cloud service platforms and a strong focus on technological innovation. Initiatives to improve internet accessibility and digital literacy are contributing to the cloud market expansion in this region.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Cloud-based Value-added Service Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Cloud-based Value-added Service Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Cloud-based Value-added Service Market, highlighting leading vendors and their innovative profiles. These include Adobe Inc., Alibaba Group, ALSO Holding AG, Amazon Web Services, Inc., Asana, Inc., Atlassian Pty. Ltd., Chief Telecom Inc., Cisco Systems, Inc., Dropbox, Inc., Ericsson Group, Freshworks Inc., Gintel AS, Huawei Cloud Computing Technologies Co., Ltd., HubSpot, Inc., Infosys Limited, International Business Machines Corporation, Intuit Inc., Microsoft Corporation, Okta, Inc., Oracle Corporation, Rackspace Technology Global, Inc., RingCentral, Inc., Salesforce, Inc., SAP SE, and Zoho Corporation.

Market Segmentation & Coverage

This research report categorizes the Cloud-based Value-added Service Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Advanced IPS Services
- Basic Value-Added Services
- Hybrid Cloud VPN Integration Service
- Internet Traffic Monitoring and Management Services

Function
- Data Isolation & Immutability
- Data Portability & Disaster Recovery
- Optimal Storage Utilization

Application
- BFSI
- Healthcare
- ICT
- Manufacturing

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Cloud-based Value-added Service Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Cloud-based Value-added Service Market?

3. What are the technology trends and regulatory frameworks in the Cloud-based Value-added Service Market?

4. What is the market share of the leading vendors in the Cloud-based Value-added Service Market?

5. Which modes and strategic moves are suitable for entering the Cloud-based Value-added Service Market?

Product Code: MRR-9E71DF483B9C

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Initiatives to improve internet accessibility and digital literacy
  - 5.1.1.2. Proliferation of smart devices and the advent of 5G technology
- 5.1.2. Restraints
  - 5.1.2.1. Concerns regarding data security and privacy in the cloud environment
- 5.1.3. Opportunities
  - 5.1.3.1. Substantial investments in local cloud service platforms
  - 5.1.3.2. Emerging technological innovations in cloud-based value-added services
- 5.1.4. Challenges
  - 5.1.4.1. Complexity involved in integrating VAS with existing cloud services and infrastructure
5.2. Market Segmentation Analysis
- 5.2.1. Type: Significant usage of advanced IPS services to detect and prevent attacks in real-time
- 5.2.2. Application: Emerging utilization of cloud-based value-added service across the BFSI sector
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Cloud-based Value-added Service Market, by Type

6.1. Introduction
6.2. Advanced IPS Services
6.3. Basic Value-Added Services
6.4. Hybrid Cloud VPN Integration Service
6.5. Internet Traffic Monitoring and Management Services

7. Cloud-based Value-added Service Market, by Function

7.1. Introduction
7.2. Data Isolation & Immutability
7.3. Data Portability & Disaster Recovery
7.4. Optimal Storage Utilization

8. Cloud-based Value-added Service Market, by Application

8.1. Introduction
8.2. BFSI
8.3. Healthcare
8.4. ICT
8.5. Manufacturing

9. Americas Cloud-based Value-added Service Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Cloud-based Value-added Service Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Cloud-based Value-added Service Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. Atos Cloud Computing Renews Its Value-Added Telecommunication Services licenses in China
- 12.3.2. Inedys Chooses HPE GreenLake to Power Its Cloud Services Offerings
- 12.3.3. Tech Data Launches Cloud Services In Australia Designed to Offer a Comprehensive Suite of Value-Added Services
12.4. Strategy Analysis & Recommendation

13. Competitive Portfolio

13.1. Key Company Profiles
13.2. Key Product Portfolio