Cloud System Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Cloud System Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • September 2021 •
  • 147 pages •
  • Report ID: 6154367 •
  • Format: PDF
The global cloud system management market grew at a CAGR of around 18% during 2015-2020.

Looking forward, the analyst expects the market to continue its strong growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Cloud system management refers to a web-based solution used for setup, configuration, monitoring and optimization of cloud infrastructure. It is deployed into an existing cloud environment as a virtual machine (VM) that consists of a database and a server. The server communicates with application programming interfaces (APIs) to connect the database and virtual resources on the cloud. It involves performance monitoring of the components, security, compliance, disaster recovery and contingency solutions. It is also utilized for storing the organization’s data on an offsite server by a third-party cloud data hosting vendor. As a result, cloud system management solutions find extensive applications across various industries, such as banking, financial services and insurance (BFSI), telecommunications, information technology (IT) and healthcare.

Significant growth in the information technology (IT) industry across the globe represents one of the key factors creating a positive outlook for the market. Furthermore, widespread adoption of public, private and hybrid cloud environments by organizations is also driving the market growth. Cloud system management solutions can efficiently manage complex and multi-cloud strategies for enterprises with diverse operations. Moreover, due to the onset of the coronavirus pandemic (COVID-19), an increasing number of organizations are adopting remote working models, which, in turn, is facilitating the demand for these systems. Various technological advancements, such as the development of artificial intelligence (AI)-based tools for cloud management, are acting as other growth-inducing factors. AI-enabled cloud management solutions automate organizational functions and facilitate incident ticketing and knowledge reuse and provide enhanced security. Other factors, including an increasing preference for Software-as-a-Service (SaaS)-based delivery models, along with extensive research and development (R&D) activities, are anticipated to drive the market further.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global cloud system management market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on component, deployment model, enterprise size and end use industry.

Breakup by Component:
Solution
Services

Breakup by Deployment Model:
Public
Private
Hybrid

Breakup by Enterprise Size:
Small and Medium Enterprise
Large Enterprise

Breakup by End Use Industry:
BFSI
Healthcare and Life Sciences
Retail and Consumer Goods
IT and Telecommunication
Others

Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Amazon Web Services Inc. (Amazon), BMC Software Inc. (Boxer Parent Company Inc.), Broadcom Inc., Cisco Systems Inc., Dynatrace Inc. (Compuware), Datadog Inc., Flexera Software Ltd., Micro Focus International PLC, Microsoft Corporation, New Relic Inc., Oracle Corporation, Red Hat Inc. (IBM), Splunk Inc., Servicenow Inc. and Vmware Inc. (Dell Technologies). Key Questions Answered in This Report:
How has the global cloud system management market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global cloud system management market?
What are the key regional markets?
What is the breakup of the market based on the component?
What is the breakup of the market based on the deployment model?
What is the breakup of the market based on the enterprise size?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global cloud system management market and who are the key players?
What is the degree of competition in the industry?