Global Cloud Based Data Management Services Industry

Global Cloud Based Data Management Services Industry

  • February 2020 •
  • 56 pages •
  • Report ID: 5798141 •
  • Format: PDF
Cloud Based Data Management Services market worldwide is projected to grow by US$50.1 Billion, driven by a compounded growth of 29.4%. Cloud Based Data Management Services, one of the segments analyzed and sized in this study, displays the potential to grow at over 29.4%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$60 Billion by the year 2025, Cloud Based Data Management Services will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 32.9% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$1.6 Billion to the region’s size and clout in the next 5 to 6 years. Over US$2.3 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Cloud Based Data Management Services will reach a market size of US$3.8 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 28.2% over the next couple of years and add approximately US$8.4 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others,
  • Actian Corporation
  • Cisco Systems, Inc.
  • Dell Technologies
  • EMC Corporation
  • Fujitsu Ltd.
  • Hewlett Packard Enterprise Development LP (HPE)
  • Hitachi Data Systems Corporation
  • IBM Corporation
  • Informatica LLC
  • NetApp, Inc.