Summary
The global Cloud Management Suite Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
A cloud management suite offers many of the same features of traditional on-site hosting services, but at a lower cost. In order to get the most out of these services, it is necessary for businesses to work with a cloud service provider which has the capability to integrate with other elements such as email, data storage, and processing.
Increasing dependency on the cloud-based solution and the growing need to reduce IT spending is predominantly fueling the growth of the cloud management suite. The growing adoption of heterogeneous and multimodal IT service delivery environments is also contributing to the growth of the market. the rapid adoption of virtualized workloads and enhanced operational efficiency is again driving the growth of the cloud management suite market. Moreover, the growing need for faster and customized services for accessing various resources from the public cloud infrastructure is also projected to foster the growth of the market. For instance, in October 2020, Oracle has announced the launch of the Oracle Cloud Observability and Management Platform, which is a suite of management, diagnostic, and analytics tools to manage multiple clouds and on-premise environments.
North America is projected to gain significant growth over the forecast period and this is attributed to the strong presence of the IT industry coupled with the increasing number of partnerships among key players in the region. For instance, in January 2021, Google Cloud and Nokia today announced a global, strategic partnership to bring new solutions for communications service providers (CSPs) that modernize their network infrastructures, build on a cloud-native 5G Core, and develop the network edge as a business services platform for enterprises.
Key Developments:
- In December 2019, Accenture has launched the Accenture Cloud-Native Core Solution to help enterprises leverage the public cloud for maximum business agility and results
- In June 2020, Capgemini announced the launch of its FAST Commerce for SAP Customer Experience Solutions designed to help companies accelerate the development of customer-focused commerce experiences and release them to the market faster
- In October 2020, Boston Consulting Group (BCG) announced the launch of the Catalyst Cloud data platform by BCG, powered by Microsoft Azure
- In October 2020, HCL Technologies (HCL) launched the 1PLMCloud solution that helps manufacturing companies transform their computer-aided design (CAD) and product lifecycle management (PLM) infrastructure into an on-demand, scalable and agile environment
The Cloud Management Suite Market report highlights product development and growth strategies such as merger and acquisition adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the Cloud Management Suite Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- Amazon
- BetterCloud
- CenturyLink
- Cisco
- Citrix
- Cloud Elements
- CloudCheckr
- Cloudinary
- CloudStack
- CSS Corp
- Druva
- HPE
- IBM
- Oracle
- ParkMyCloud
- RightScale
- Rubrik
- SAP
- ScaleXtreme
- ServiceNow
- Turbonomic
- VMware
By Product Type, the market is primarily segmented into:
By Applications, the market is segmented into:
- SME (Small and Medium Enterprises)
- Large Enterprise
The Report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Cloud Management Suite Market Report:
- To assess the size of the market by value and volume
- Analyze the Cloud Management Suite Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Cloud Management Suite Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of –the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact growth of the Cloud Management Suite Market
The Cloud Management Suite Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Cloud Management Suite Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
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