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Cloud Based Data Management Services Market Segment Top Companies - Actian, CISCO, Fujitsu Ltd., Hitachi Data System, IBM, EMC Corporation, Informatica Corporation, NETAPP, Dell Boomi Dell, Inc., Hewlett-Packard Company
Cloud Based Data Management Services MarketCloud Based Data Management Services market is valued at 9400 million USD in 2017 and is expected to reach 19000 million USD by the end of 2023, growing at a CAGR of 12.5% between 2017 and 2023.
Cloud data management is a way to manage data across cloud platforms, either with or instead of on-premises storage. The cloud is useful as a data storage tier for disaster recovery, backup, and long-term archiving.
A cloud data management system is a system used for data management. It is accessed over the Internet. Moreover, it is hosted by a third-party service provider on a remote server. Normally, the old data management system is installed on a server at a web site of the organization where data is accessed and accumulated over a local area network. But, a cloud data management system operates on a platform given by the cloud provider and the data can only be accessed or accumulated when there is an Internet connection.
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The global cloud-based data management services market is likely to witness a huge positive change globally in the near future. Increased demand for online safety and security is the main reason that is boosting the global market. Additionally, the rise in the number of incidents such as online security breach is the main reason behind the elevation of the global market. In addition to this, growing awareness among the users about the advantages of cloud-based data management services is driving the global market.
On the other hand, the hefty cost for the raw materials is the main reason that is hampering the global market. In addition to this, the high cost of transportation is also hindering the global cloud-based data management services market. Moreover, high cost for maintenance is restraining the global market growth. Further, the high cost of the ownership of cloud-based data management services is also one of the main reasons responsible for the growth of the global cloud-based data management services market.
This report studies the Cloud Based Data Management Services market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Cloud Based Data Management Services market by product type and applications/end industries.
Various assumptions have been taken into consideration for market sizing and forecasting exercise of this market. Some of the key assumptions include political, economic, social, technological and economic factors. For instance, exchange rates, one of the economic factors, are expected to have a moderate rating of impact on this market. Therefore, dollar fluctuations are expected to not seriously affect the forecasts in the emerging APAC regions.
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The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Cloud Based Data Management Services.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Cloud Based Data Management Services Market Segment by Companies, this report covers
Actian
CISCO
Fujitsu Ltd.
Hitachi Data System
IBM
EMC Corporation
Informatica Corporation
NETAPP
Dell Boomi Dell, Inc.
Hewlett-Packard Company
Cloud Based Data Management Services Market Segment by Regions, regional analysis covers
North America United States, Canada and Mexico
Europe Germany, France, UK, Russia and Italy
Asia-Pacific China, Japan, Korea, India and Southeast Asia
South America Brazil, Argentina, Colombia
Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa
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Cloud Based Data Management Services Market Segment by Type, covers
Software-as-a-Service SAAS
Platform-as-a-Service PAAS
Infrastructure-as-a-Service IAAS
Cloud Based Data Management Services Market Segment by Applications, can be divided into
Public cloud
Private cloud
Others
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