Cloud Systems Management Software Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
- Transparency Market Research
Cloud system management software is a management framework that controls cloud operations and automation as per the desired orientation. The major applications offered by the cloud system management software includes cloud automation, configuration management, workload scheduling, cloud performance, and event and problem management. It also provides flexibility to manage, monitor, and enhance the resource management for organizations reliant on business requirements. Cloud systems management software services are increasingly adopted by the enterprises, mainly due to the benefits they offer, such as better staff efficiency, easy deployment, higher responsiveness to end-users, optimum resource utilization, reduced cost of maintenance, and improved quality.
At present, various enterprises are developing their separate cloud framework to cater to their internal storage and computing requirements. The cloud system management software solutions are primarily used by the enterprises for operation management. They also offer enhanced speed and quality of delivery, improved accuracy, reduction in time-consuming manual tasks, and increased business performance. In addition, improvements in network structure in cloud-based systems have enabled the expansion of customized applications and services. Furthermore, these services include consulting, implementation, and support & maintenance.
The global cloud systems management software market is experiencing growth owing to factors such as growing adoption of hybrid cloud, easy amalgamation of heterogeneous and complex cloud environments, and a growing requirement to avoid vendor lock-in. Vendor lock-in is a situation in which high switching costs are required for the transition of customers’ products and services to other vendors. Cloud systems management software have the capability to minimize the risk of disruption, enhance internal business process, increase operational efficiency, and gain competitive advantage.
The adoption of cloud systems management software is mainly driven by factors such as rising demand for automation and the reduction of managerial overheads. However, enterprises face several difficulties while implementing cloud systems management software, such as increasing threats of security breach in cloud systems and complications involved in application portability. These are the factors anticipated to restrain the growth of the cloud systems management software market. Furthermore, the major challenges for the global cloud systems management software market includes a lack of awareness and technical expertise among enterprises and difficulties in restructuring the system.
North America is anticipated to be the leading cloud systems management software market and it is anticipated to dominate the market during forecast period. This is primarily due to the rapid adoption of novel and developing technologies, huge investments in R&D, the availability of proficient technical knowledge, and the existence of a large number of players in the region. However, Asia Pacific is also anticipated to deliver potential growth opportunities to stir the cloud systems management software market in the near term. The increasing spending on IT infrastructure, growing cloud-based applications, growing demand for automation of processes, and rising technology saturation in numerous industrial sectors in the region are expected to drive the Asia Pacific cloud system management software market.
The global cloud systems management software market is segmented by solution, service, and end-user. By solution, the cloud systems management software market is segmented into change & configuration management, operation management, performance management, problem management, workload scheduling, automation management, and incident management. On the basis of services, the market is categorized into professional services, and managed services. Based on end-user segmentation, the cloud systems management market is segmented into banking, financial services, and insurance (BFSI), education, consumer goods and retail, government and public sector, manufacturing, health care and life sciences, telecommunication and ITES, media and entertainment, and others.
The market for cloud systems management software is highly fragmented with the presence of players such as HP Development Company, L.P., IBM Corporation, BMC Software, Inc., CA Technologies, Cisco Systems, Inc., Microsoft Corporation, VMware, Inc., Red Hat, Inc., and Oracle Corporation.
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
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
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.
More from ICT
TechnologyHigh-Performance Computing-Thematic Research