Cloud Management Platform Market 2023 Size, Industry Overview, Demand Factors And Forecast To 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Cloud Management Platform Market Size, Growth Rate, And Forecast
The global cloud management platform market size grew from $14.24 billion in 2022 to $17.15 billion in 2023 at a compound annual growth rate (CAGR) of 20.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cloud management platform market size is expected to grow to $35.2 billion in 2027 at a CAGR of 19.7%.

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Cloud Management Platform Market Drivers
The growing adaptability of cloud computing technology is expected to propel the growth of the cloud management platform. Cloud computing aims to improve internet-based database capabilities and scalability while lowering costs and risks. Organizations use cloud computing, or remote computers hosted on the Internet, to store, manage, and process essential data. These improvements and uses provide distribution of computing services such as servers, networking, software, analytics, storage, databases, and intelligence through the Internet to provide faster innovation, more flexible resources, and cost savings.

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Cloud Management Platform Market Segments
1) By Component: IT Operations Management (ITOM), IT Service Management (ITSM), IT Automation And Configuration Management (ITACM)

2) By Deployment Mode: Private Cloud, Public Cloud, Hybrid

3) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises

4) By Verticals: BFSI, Telecommunications, IT And ITeS, Government And Public Sector, Retail And Consumer Goods, Manufacturing, Energy And Utilities, Media And Entertainment, Healthcare

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Cloud Management Platform Market.

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Cloud Management Platform Market Key Players
Major competitors in the Cloud Management Platform Market include 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

The Business Research Company's "Global Cloud Management Platform Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Cloud Management Platform Market Include:
1. Executive Summary
2. Cloud Management Platform Market Characteristics
3. Cloud Management Platform Market Trends And Strategies
4. Cloud Management Platform Market - Macro Economic Scenario
5. Cloud Management Platform Market Size And Growth
.......
26. Africa Cloud Management Platform Market
27. Cloud Management Platform Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cloud Management Platform Market
29. Cloud Management Platform Market Future Outlook and Potential Analysis
30. Appendix

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