Cloud Management Platform Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
TBRC’s Cloud Management Platform Market Report covers cloud management platform market drivers, restraints, size, major players, and the impact of COVID-19
LONDON, GREATER LONDON, UK, September 7, 2022 /EINPresswire.com/ — According to the ‘Cloud Management Platform Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, The cloud management platform market size is expected to grow to $33.59 billion by 2026 at a compound annual growth rate (CAGR) of 23.09%. The growing flexibility of cloud computing technology is expected to drive the growth of the cloud management platform.
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The cloud management platform market consists of sales of cloud management platforms and related services by entities (organizations, sole traders, and partnerships) that define integrated software management tools used to implement and monitor public, private, and hybrid cloud environments. It integrates a set of features or modules that allow management to work in different virtual cloud environments. The purpose of the platform is to assist IT teams in the security and optimization of cloud infrastructure, including applications and data. It aims to improve cloud settings management, cost and performance optimization, and security enhancement.
Global Cloud Management Platform Market Trends
The use of multi-cloud management platforms is a major trend in the cloud management platform market. It is a set of services that work together to address issues related to multi-cloud deployments for simplified hybrid IT management. The multi-cloud management platform includes application identification and dependency mapping; migration planning; capacity optimization; cloud cost control; cloud security automation; increased performance and usability; and intelligent IT service management. These functionalities facilitate the workflow process and reduce the operating cost for the company. For example, in October 2020, Oracle, a US-based computer software company, launched a multi-cloud observability and management platform. It combines a comprehensive set of management, diagnostic, and analytics services to assist customers in removing the complexity, risk, and cost associated with a fragmented multi-cloud management approach.
Global Cloud Management Platform Market Segments
The global cloud management platform market is segmented:
By Segment: IT Operations Management (ITOM), IT Service Management (ITSM), IT Automation and Configuration Management (ITACM)
By Deployment Mode: Private Cloud, Public Cloud, Hybrid
By Organization Size: Small and Medium Enterprises (SMEs), Large Enterprises
By Verticals: BFSI, Telecommunications, IT & ITeS, Government & Public Sector, Retail & Consumer Goods, Manufacturing, Energy & Utilities, Media & Entertainment, Healthcare
By Geography: The global cloud management platform market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America has the largest share.
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The Cloud Management Platform Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides cloud management platform market overviews, analysis and forecasts of market size and growth for global cloud management platform market, cloud management platform market share, cloud management platform market segments and geographies, cloud management platform global market players, cloud management platform global market leading competitor revenues, profiles and market share. The global cloud management platform market report identifies leading countries and segments for opportunities and strategies based on market trends and strategies of key competitors.
TBRC’s Cloud Management Platform Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historical and Forecast, and Growth Rates for 60 Geographies
Major Market Players: BMC Software, IBM, VMware, New Relic, Splunk, Microsoft Corporation, Cisco Systems, Oracle Corporation, ServiceNow, RightScale, Amazon Web Services, Micro Focus International, HyperGrid, Puppet, Doublehorn, Densify, Riverbed, Jam Cracker, Broadcom, SAP, CloudCheckr, Morpheus Data, Rackspace, Flexera, and Dell Technologies.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And much more.
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