Press release
Cloud Systems Management Software Market : Regional Outlook, Growth Drivers And Key Player
The Global Cloud Systems Management Software Market accounted for USD 4.3 billion in 2016 growing at a CAGR of 33.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Definition: Global Cloud Systems Management Software Market
Cloud systems management software has been designed in order to operate and monitor applications, and data existing in the cloud. These tools help in ensuring that the cloud based resources are working properly and interacting with users and other services. The usage of cloud systems management software has increased due to several reasons, for instance, increased speed and quality, accuracy, and other benefits. It is widely applicable in banking, financial services, and insurance (BFSI), consumer goods and retail, education, government and public sector, healthcare and life sciences, manufacturing, media and entertainment, telecommunication and ITES, and others. Rising adoption of hybrid cloud and easy integration of complex and heterogeneous cloud environments may act as the major driver in the growth of cloud systems management software market. On the other hand, rising threats and data security concerns may hamper the market.
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Major Market Drivers & Restraints:
Increased requirement to avoid vendor lock-in
Growing demand of hybrid cloud
Easy integration of complex and heterogeneous cloud environments
Rising demand for automation
Reduction of managerial overheads.
Complexities involved in application portability
Rising threats and data security concerns
Market Segmentation: Global Cloud Systems Management Software Market
The global cloud systems management software market is segmented on the basis of solution into operations management, change and configuration management, application performance management, event and incident management, and problem management.
On the basis of service, the global cloud systems management software market is segmented into professional services, and managed services.
On the basis of deployment model, the global cloud systems management software market is segmented into public cloud, private cloud, and hybrid cloud.
On the basis of organization size, the global cloud systems management software market is segmented into small and medium enterprises (SMES), and large enterprises.
On the basis of vertical, the global cloud systems management software market is segmented into banking, financial services, and insurance (BFSI), consumer goods and retail, education, government and public sector, healthcare and life sciences, manufacturing, media and entertainment, telecommunication and ITES, and others.
On the basis of geography, the global cloud systems management software market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Company Share Analysis: Global Cloud Systems Management Software Market
The report for cloud systems management software market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
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Major Market Competitors: Global Cloud Systems Management Software Market
Some of the major players of the global cloud systems management software market are VMware, Inc, IBM Corporation, HP Development Company, L.P., Cisco Systems, Inc., BMC Software, Inc., Oracle, Red Hat, Inc., CA, ServiceNow, Amazon Web Services, Inc., Apple Inc., Citrix Systems, Inc., Adobe Systems Incorporated, and others.
Research Methodology: Global Cloud Systems Management Software Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst call or can drop down your inquiry.
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