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Cloud Management as a Service Market Size and Key Trends in Terms Of Volume and Value - Forecast to 2025

03-13-2018 12:01 PM CET | IT, New Media & Software

Press release from: MarketResearchReports.biz

Cloud Management as a Service Market Size and Key Trends in Terms

The report analyzes and presents an overview of "Cloud Management as a Service Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" worldwide.

The main objective of this report is to define, describe, and forecast the global “Cloud Management as a Service” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Cloud management is a collection of software and technologies designed to monitor and manage data, application and services that are residing on cloud. Cloud management tools and software ensure optimal performance, continuity and efficiency of data in a virtualized environment. A well-established cloud management solution helps any organization to achieve workflow automation and analysis of cloud computing workloads. The cloud management tools can typically manage public, private as well as hybrid cloud environment.

Enterprises around the globe are facing challenges in managing their cloud environment. As enterprise are moving towards multi-cloud environment, systems have become more complex. Complexity in the systems has increased the burden of management. In order to lighten the burden of management, various cloud management tools and solutions are present in the market that effectively control the multi cloud environment.

Cloud management as a service or CMaaS is an extended offering in the market by the service providers. Cloud management as a service has become an effective solution to address customer uncertainties and therefore maximizing return on investment (ROI) on cloud. The CMaaS helps the organization to effectively manage and control the entire infrastructure, from physical desktop, mobile devices as well as the entire resource on cloud environment. The CMaaS are designed to help the information technology (IT) provider to competently manage their customer’s cloud based application from one single platform.

In the current scenario, a typical medium size enterprise uses around three cloud applications. On an average, the management of these cloud applications takes higher number of work hours each employee per year. This means that majority of cost per IT department annually is spent on cloud management. This in turn is a lot of time for managing and monitoring cloud applications. Therefore the service providers are offering ‘as a service’ solution which will drastically reduce the complexity and will act as an aid in time management of cloud environment.

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Companies are deploying CMaaS to manage the infrastructure efficiently. For instance, GreenPages Technology solutions Inc. deployed its own CMaaS that provides alert monitoring across the company’s IT environment through a single and unified pane-of-glass portal. One of the notable results that the company witnessed after deploying CMaaS is time effectiveness. The company’s IT team no longer has to spend time on determining the validity of alerts.

The cloud management as a service market is driven by growing need to efficiently manage complex cloud environment among organizations, specifically among small and medium size enterprises. Organizations around the world are shifting towards cloud based solutions. Moreover, companies are strongly adopting hybrid cloud model. As per the research studies, majority of the businesses around the globe utilize some form of cloud services. Bulk of them store some or nearly all the sensitive data in public cloud. The aforementioned factors clearly show the strength of cloud solutions and their adoption. The cloud services’ adoption will therefore require its management which will in turn boost the market for cloud management as service.

The market can be divided on the basis of enterprise type and geography. On the basis of enterprise size, the market can be sub-categorized as large enterprises, medium enterprise and small enterprises. On the basis of geography, the market can be sub-categorized as Asia-Pacific, South America, Europe, Middle-East and Africa and North America.

Key Players in the cloud management as a service market include, GreenPages, LLC., cloudhelix, Cognosys, Managed IT Services, SkyKick and New Signature.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

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The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

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