Cloud Management Platform Market Research Report - Global Forecast till 2030

Global Cloud Management Platform Market Research Report: by Component (Solution and Services), by Solution (Automation and Orchestration, Governance and Compliance, Performance Monitoring, Security Solution, Cost Management), Services (Professional Services, Managed Services), Deployment Mode (Hybrid Cloud, Public Cloud, Private Cloud), Organization Size (SMEs and Large Enterprises), by Industry Vertical (BFSI, IT & telecom)  and Region (North America, Europe, Asia-Pacific, Middle East and Africa South America) - Forecast till ...

ID: MRFR/ICT/6471-HCR | September 2022 | Region: Global | 111 Pages         

Table of Contents

1 Executive Summary

1.1 Market Attractiveness Analysis

1.1.1 Global Cloud Management Platform Market, by Component

1.1.2 Global Cloud Management Platform Market, by Deployment mode

1.1.3 Global Cloud Management Platform Market, by Organization Size

1.1.4 Global Cloud Management Platform Market, by Vertical

1.1.5 Cloud Management Platform Market, by Region

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.3 Market Structure

3 Market Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

3.6 List of Assumptions

4 Market Insights

5 Industry Overview of the Global Cloud Management Platform Market

5.1 Introduction

5.2 Drivers

5.2.1 Drivers: Impact Analysis

5.3 Restraints

5.2.2 Restraints: Impact Analysis

5.4 Opportunities

6 Market Factor Analysis

6.1 Porter’s Five Forces Analysis

6.1.1 Threat of New Entrants

6.1.2 Bargaining Power of Suppliers

6.1.3 Bargaining Power of Buyers

6.1.4 Threat of Substitutes

6.1.4 Intensity of Rivalry

6.2 Value Chain of the Global Cloud Management Platform Market

7. Global Cloud Management Platform Market, by Component

7.1 Introduction

7.2 Solution

7.2.1 Automation and Orchestration Solution

7.2.1.1 Market Estimates & Forecast, 2020–2027

7.2.1.2 Market Estimates & Forecast, by Region, 2020–2027

7.2.2 Governance and Compliance Solution

7.2.2.1 Market Estimates & Forecast, 2020–2027

7.2.2.2 Market Estimates & Forecast, by Region, 2020–2027

7.2.3 Performance Monitoring Solution

7.2.3.1 Market Estimates & Forecast, 2020–2027

7.2.3.2 Market Estimates & Forecast, by Region, 2020–2027

7.2.4 Security Solution

7.2.4.1 Market Estimates & Forecast, 2020–2027

7.2.4.2 Market Estimates & Forecast, by Region, 2020–2027

7.2.5 Cost Management Solution

7.2.5.1 Market Estimates & Forecast, 2020–2027

7.2.5.2 Market Estimates & Forecast, by Region, 2020–2027

7.3 Services

7.3.1 Professional Services

7.2.5.1 Consulting Services

7.2.5.1.1 Market Estimates & Forecast, by Region, 2020–2027

7.2.5.2 Integration Services

7.2.5.2.1 Market Estimates & Forecast, by Region, 2020–2027

7.2.5.3 Other Support Services

7.2.5.3.1 Market Estimates & Forecast, by Region, 2020–2027

7.3.2 Managed Services

7.3.2.1 Market Estimates & Forecast, 2020–2027

7.3.2.2 Market Estimates & Forecast, by Region, 2020–2027

8. Global Cloud Management Platform Market, by Deployment Mode

8.1 Introduction

8.2 Public Cloud

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast, by Region, 2020–2027

8.3 Private Cloud

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast, by Region, 2020–2027

8.3 Hybrid Cloud

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast, by Region, 2020–2027

9. Global Cloud Management Platform Market, by Organization Size

9.1 Introduction

9.2 Large Enterprises

9.2.1 Market Estimates & Forecast, 2020–2027

9.2.2 Market Estimates & Forecast, by Region, 2020–2027

9.3 Small and Medium-Sized Enterprises (SMEs)

9.3.1 Market Estimates & Forecast, 2020–2027

9.3.2 Market Estimates & Forecast, by Region, 2020–2027

10. Global Cloud Management Platform Market, by Vertical

10.1 Introduction

10.2 BFSI

10.2.1 Market Estimates & Forecast, 2020–2027

10.2.2 Market Estimates & Forecast, by Region, 2020–2027

10.3 Healthcare

10.3.1 Market Estimates & Forecast, 2020–2027

10.3.2 Market Estimates & Forecast, by Region, 2020–2027

10.4 IT & Telecomm

10.4.1 Market Estimates & Forecast, 2020–2027

10.4.2 Market Estimates & Forecast, by Region, 2020–2027

10.5 Retail & E-commerce

10.5.1 Market Estimates & Forecast, 2020–2027

10.5.2 Market Estimates & Forecast, by Region, 2020–2027

10.6 Energy and Utilities

10.6.1 Market Estimates & Forecast, 2020–2027

10.6.2 Market Estimates & Forecast, by Region, 2020–2027

10.7 Others

10.7.1 Market Estimates & Forecast, 2020–2027

10.7.2 Market Estimates & Forecast, by Region, 2020–2027

11. Global Cloud Management Platform Market, by Region

11.1 Introduction

11.2 North America

11.2.1 Market Estimates & Forecast, 2020–2027

11.2.2 Market Estimates & Forecast, by Component, 2020–2027

11.2.3 Market Estimates & Forecast, by Deployment Mode, 2020–2027

11.2.4 Market Estimates & Forecast, by Organization Size, 2020–2027

11.2.6 Market Estimates & Forecast, by Vertical, 2020–2027

11.2.7 US

11.2.7.1 Market Estimates & Forecast, 2020–2027

11.2.7.2 Market Estimates & Forecast, by Component, 2020–2027

11.2.7.3 Market Estimates & Forecast, by Deployment Mode, 2020–2027

11.2.7.4 Market Estimates & Forecast, by Organization Size, 2020–2027

11.2.7.5 Market Estimates & Forecast, by Vertical, 2020–2027

11.2.8 Canada

11.2.8.1 Market Estimates & Forecast, 2020–2027

11.2.8.2 Market Estimates & Forecast, by Component, 2020–2027

11.2.8.3 Market Estimates & Forecast, by Deployment Mode, 2020–2027

11.2.8.4 Market Estimates & Forecast, by Organization Size, 2020–2027

11.2.8.5 Market Estimates & Forecast, by Vertical, 2020–2027

11.2.9 Mexico

11.2.9.1 Market Estimates & Forecast, 2020–2027

11.2.9.2 Market Estimates & Forecast, by Component, 2020–2027

11.2.9.3 Market Estimates & Forecast, by Deployment Mode, 2020–2027

11.2.9.4 Market Estimates & Forecast, by Organization Size, 2020–2027

11.2.9.5 Market Estimates & Forecast, by Vertical, 2020–2027

11.3 Europe

11.3.1 Market Estimates & Forecast, 2020–2027

11.3.2 Market Estimates & Forecast, by Component, 2020–2027

11.3.3 Market Estimates & Forecast, by Deployment Mode, 2020–2027

11.3.4 Market Estimates & Forecast, by Organization Size, 2020–2027

11.3.5 Market Estimates & Forecast, by Vertical, 2020–2027

11.3.6 Germany

11.3.6.1 Market Estimates & Forecast, 2020–2027

11.3.6.2 Market Estimates & Forecast, by Component, 2020–2027

11.2.6.3 Market Estimates & Forecast, by Deployment Mode, 2020–2027

11.2.6.4 Market Estimates & Forecast, by Organization Size, 2020–2027

11.2.6.5 Market Estimates & Forecast, by Vertical, 2020–2027

11.3.7 France

11.3.7.1 Market Estimates & Forecast, 2020–2027

11.3.7.2 Market Estimates & Forecast, by Component, 2020–2027

11.2.7.3 Market Estimates & Forecast, by Deployment Mode, 2020–2027

11.2.7.4 Market Estimates & Forecast, by Organization Size, 2020–2027

11.2.7.5 Market Estimates & Forecast, by Vertical, 2020–2027

11.3.8 UK

11.3.8.1 Market Estimates & Forecast, 2020–2027

11.3.8.2 Market Estimates & Forecast, by Component, 2020–2027

11.3.8.3 Market Estimates & Forecast, by Deployment Mode, 2020–2027

11.3.8.4 Market Estimates & Forecast, by Organization Size, 2020–2027

11.3.8.5 Market Estimates & Forecast, by Vertical, 2020–2027

11.3.9 Rest of Europe

11.3.9.1 Market Estimates & Forecast, 2020–2027

11.3.9.2 Market Estimates & Forecast, by Component, 2020–2027

11.3.9.3 Market Estimates & Forecast, by Deployment Mode, 2020–2027

11.3.9.4 Market Estimates & Forecast, by Organization Size, 2020–2027

11.3.9.5 Market Estimates & Forecast, by Vertical, 2020–2027

11.4 Asia-Pacific

11.4.1 Market Estimates & Forecast, 2020–2027

11.4.2 Market Estimates & Forecast, by Component, 2020–2027

11.4.3 Market Estimates & Forecast, by Deployment Mode, 2020–2027

11.4.4 Market Estimates & Forecast, by Organization Size, 2020–2027

11.4.5 Market Estimates & Forecast, by Vertical, 2020–2027

11.4.6 China

11.4.6.1 Market Estimates & Forecast, 2020–2027

11.4.6.2 Market Estimates & Forecast, by Component, 2020–2027

11.4.6.3 Market Estimates & Forecast, by Deployment Mode, 2020–2027

11.4.6.4 Market Estimates & Forecast, by Organization Size, 2020–2027

11.4.6.5 Market Estimates & Forecast, by Vertical, 2020–2027

11.4.7 India

11.4.7.1 Market Estimates & Forecast, 2020–2027

11.4.7.2 Market Estimates & Forecast, by Component, 2020–2027

11.4.7.3 Market Estimates & Forecast, by Deployment Mode, 2020–2027

11.4.7.4 Market Estimates & Forecast, by Organization Size, 2020–2027

11.4.7.5 Market Estimates & Forecast, by Vertical, 2020–2027

11.4.8 Japan

11.4.8.1 Market Estimates & Forecast, 2020–2027

11.4.8.2 Market Estimates & Forecast, by Component, 2020–2027

11.4.8.3 Market Estimates & Forecast, by Deployment Mode, 2020–2027

11.4.8.4 Market Estimates & Forecast, by Organization Size, 2020–2027

11.4.8.5 Market Estimates & Forecast, by Vertical, 2020–2027

11.4.9 Rest of Asia-Pacific

11.4.9.1 Market Estimates & Forecast, 2020–2027

11.4.9.2 Market Estimates & Forecast, by Component, 2020–2027

11.4.9.3 Market Estimates & Forecast, by Deployment Mode, 2020–2027

11.4.9.4 Market Estimates & Forecast, by Organization Size, 2020–2027

11.4.9.5 Market Estimates & Forecast, by Vertical, 2020–2027

11.5 Middle East & Africa

11.5.1 Market Estimates & Forecast, by Component, 2020–2027

11.5.2 Market Estimates & Forecast, by Deployment Mode, 2020–2027

11.5.3 Market Estimates & Forecast, by Organization Size, 2020–2027

11.5.4 Market Estimates & Forecast, by Vertical, 2020–2027

11.6 South America

11.6.1 Market Estimates & Forecast, by Component, 2020–2027

11.6.2 Market Estimates & Forecast, by Deployment Mode, 2020–2027

11.6.3 Market Estimates & Forecast, by Organization Size, 2020–2027

11.6.4 Market Estimates & Forecast, by Vertical, 2020–2027

12. Company Landscape

12.1 Competitive Overview

12.2 Competitor Dashboard

12.3 Major Growth Strategies in the Global Cloud Management Platform Market

12.4 Competitive Benchmarking

12.5 Market Share Analysis

12.6 XXXX: The Leading Player in Terms of the Number of Developments in the Global Cloud Management Platform Market

12.7 Key Developments & Growth Strategies

12.7.1 Product Launches/Service Deployment

12.7.2 Mergers & Acquisitions

12.7.3 Joint Ventures

12.7.4 Business Expansion

13. Company Profiles

13.1 Cisco Systems Inc.

13.1.1 Company Overview

13.1.2 Product/Business Segment Overview

13.1.3 Financial Updates

13.1.4 Key Developments

13.2 VMware

13.2.1 Company Overview

13.2.2 Product/Business Segment Overview

13.2.3 Financial Updates

13.2.4 Key Developments

13.3 Citrix Systems Inc

13.3.1 Company Overview

13.3.2 Product/Business Segment Overview

13.3.3 Financial Updates

13.3.4 Key Developments

13.4 HP Enterprise Development LP

13.4.1 Company Overview

13.4.2 Product/Business Segment Overview

13.4.3 Financial Updates

13.4.4 Key Developments

13.5 BMC Software, Inc

13.5.1 Company Overview

13.5.2 Product/Business Segment Overview

13.5.3 Financial Updates

13.5.4 Key Developments

13.6 Embotics Corporation

13.6.1 Company Overview

13.6.2 Product/Business Segment Overview

13.6.3 Financial Updates

13.6.4 Key Developments

13.7 CloudBolt Software, Inc.

13.7.1 Company Overview

13.7.2 Product/Business Segment Overview

13.7.3 Financial Updates

13.7.4 Key Developments

13.8 RightScale, Inc.

13.8.1 Company Overview

13.8.2 Product/Business Segment Overview

13.8.3 Financial Updates

13.8.4 Key Developments

13.9 HyperGrid

13.9.1 Company Overview

13.9.2 Product/Business Segment Overview

13.9.3 Financial Updates

13.9.4 Key Developments

13.10 MORPHEUS DATA, LLC

13.10.1 Company Overview

13.10.2 Product/Business Segment Overview

13.10.3 Financial Updates

13.10.4 Key Developments

13.11 Scalr, Inc.

13.11.1 Company Overview

13.11.2 Product/Business Segment Overview

13.11.3 Financial Updates

13.11.4 Key Developments

13.12 ServiceNow

13.12.1 Company Overview

13.12.2 Product/Business Segment Overview

13.12.3 Financial Updates

13.12.4 Key Developments

13.13 DivvyCloud

13.13.1 Company Overview

13.13.2 Product/Business Segment Overview

13.13.3 Financial Updates

13.13.4 Key Developments

13.14 RackWare

13.14.1 Company Overview

13.14.2 Product/Business Segment Overview

13.14.3 Financial Updates

13.14.4 Key Developments

13.15 Turbonomic Inc.

13.15.1 Company Overview

13.15.2 Product/Business Segment Overview

13.15.3 Financial Updates

13.15.4 Key Developments

 

LIST OF TABLES

Table 1 Global Cloud Management Platform Market, by Region, 2020–2027

Table 2 North America: Cloud Management Platform Market, by Country, 2020–2027

Table 3 Europe: Cloud Management Platform Market, by Country, 2020–2027

Table 4 Asia-Pacific: Cloud Management Platform Market, by Country, 2020–2027

Table 5 Middle East & Africa: Cloud Management Platform Market, by Country, 2020–2027

Table 6 South America: Cloud Management Platform Market, by Country, 2020–2027

Table 7 Global Cloud Management Platform Deployment Mode Market, by Region, 2020–2027

Table 8 North America: Cloud Management Platform Deployment Mode Market, by Country, 2020–2027

Table 9 Europe: Cloud Management Platform Deployment Mode Market, by Country, 2020–2027

Table10 Asia-Pacific: Cloud Management Platform Deployment Mode Market, by Country, 2020–2027

Table11 Middle East & Africa: Cloud Management Platform Deployment Mode Market, by Country, 2020–2027

Table12 South America: Cloud Management Platform Deployment Mode Market, by Country, 2020–2027

Table13 Global Cloud Management Platform Component Market, by Region, 2020–2027

Table14 North America: Cloud Management Platform Component Market, by Country, 2020–2027

Table15 Europe: Cloud Management Platform Component Market, by Country, 2020–2027

Table16 Asia-Pacific: Cloud Management Platform Component Market, by Country, 2020–2027

Table17 Middle East & Africa: Cloud Management Platform Component Market, by Country, 2020–2027

Table18 South America: Cloud Management Platform Component Market, by Country, 2020–2027

Table19 Global Cloud Management Platform Organization Size Market, by Region, 2020–2027

Table20 North America: Cloud Management Platform Organization Size Market, by Country, 2020–2027

Table21 Europe: Cloud Management Platform Organization Size Market, by Country, 2020–2027

Table22 Asia-Pacific: Cloud Management Platform Organization Size Market, by Country, 2020–2027

Table23 Middle East & Africa: Cloud Management Platform Organization Size Market, by Country, 2020–2027

Table24 South America: Cloud Management Platform Organization Size Market, by Country, 2020–2027

Table25 Global Cloud Management Platform Vertical Market, by Region, 2020–2027

Table 26 North America: Cloud Management Platform Vertical Market, by Country, 2020–2027

Table27 Europe: Cloud Management Platform Vertical Market, by Country, 2020–2027

Table28 Asia-Pacific: Cloud Management Platform Vertical Market, by Country, 2020–2027

Table29 Middle East & Africa: Cloud Management Platform Vertical Market, by Country, 2020–2027

Table30 South America: Cloud Management Platform Vertical Market, by Country, 2020–2027

LIST OF FIGURES

FIGURE 1 Global Cloud Management Platform Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of the Global Cloud Management Platform Market

FIGURE 4 Value Chain of the Global Cloud Management Platform Market

FIGURE 5 Share of the Global Cloud Management Platform Market, by Country, 2020 (in %)

FIGURE 6 Global Cloud Management Platform Market, 2020–2027

FIGURE 7 Sub-Segments of Service Type

FIGURE 8 Global Cloud Management Platform Market Size, by Service Type, 2020

FIGURE 9 Share of the Global Cloud Management Platform Market, by Service Type, 2020–2027

FIGURE 10 Global Cloud Management Platform Market Size, by Component, 2020

FIGURE 11 Share of the Global Cloud Management Platform Market, by Component, 2020–2027

FIGURE 12 Global Cloud Management Platform Market Size, by Vertical, 2020–2027

FIGURE 13 Share of the Global Cloud Management Platform Market, by Vertical, 2020–2027

Cloud Management Platform Market

The Global Cloud Management Platform Market Size USD 7.2 Billion will grow by CAGR 16.10% Forecast By 2030.

Segmentation

By Component Solution And Services
By Solution Automation And Orchestration Governance And Compliance Performance Monitoring Security Solution Cost Management
By Services Professional Services Managed Services
By Deployment Mode Hybrid Cloud Public Cloud Private Cloud
By Organization Size Sm Es And Large Enterprises

Key Players

  • Cisco Systems Inc.
  • (US)
  • VMware
  • Inc (Dell Technologies) (US)
  • Citrix Systems Inc. (US)
  • HP Enterprise Development LP (US)
  • BMC Software
  • Inc. (US)
  • Embotics Corporation (US)
  • CloudBolt Software
  • Inc. (US)
  • RightScale
  • Inc. (US)
  • HyperGridβ„’ (US)
  • MORPHEUS DATA
  • LLC. (US)
  • Scalr
  • Inc (US)
  • ServiceNow (US)
  • DivvyCloud (US)
  • RackWare (US)
  • Turbonomic Inc
  • (US).

Drivers

  • Some of the factors driving the cloud management platform market growth include the need for businesses to have greater control over the IT spendings
  • adoption of heterogeneous and multimodal IT service delivery environment
  • rapid deployment of virtualized workloads
  • and improved operational efficiency.
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Cloud Management Platform Market Overview:

The Global Cloud Management Platform Market
will grow USD 7.2 billion  by 16.10%. The bring- your-device trend is making the cloud management platform popular. The on-premises solution was useful for many organizations. However, today, the cloud-based solution makes management tasks effortless. From regular to the IT enterprise the cloud platform is highly beneficial. The cloud management platforms offer operational efficiency. Also, it increases the productivity of the organisation. Handling and managing data is quick and easy with cloud management. The dependence on the cloud management platform is high in today businesses.



Further, the customized services of the cloud suit every organization needs. The adoption rate of the cloud management platform will increase at an exponential pace in the forecast period. Also, there are both cloud management solutions and services. The cloud platform is flexible and intuitive for businesses. The SME segment is expected to witness high profits. Also, the scalability, efficiency cost benefits are higher in this segment. Companies are increasing their investments in cloud management platforms. All these factors will have a massive impact on the Cloud Management Platform Market Sales. 


Cloud Management Platform Market Covid Analysis:
Covid 19 has a damaging impact several global platforms. Today, many enterprises are adopting work from home. Due to this, the demand for the SaaS platform is continuously growing. The top company such as Microsoft is witnessing a high number of subscribers during this period. The demand for these platforms is rising rapidly. Also, it is raising the demand for cloud management platforms. The adoption of cloud management is high during this period. Due to the flexibility and scalability many enterprises prefer cloud platforms.


Also, the cloud management platform is increasing the efficiency of the companies. However, there are some challenges due to covid. The market operations are disturbed due to the pandemic. Also, the deployment issues affected the overall growth. All these factors are contributing to positive Cloud Management Platform Market Trends. 


Market Dynamics:
Crucial Market Drivers:
Earlier the on-premises solutions were primary management platforms for the enterprises. However, most organisations have concerns about the high initial cost and maintenance cost of these platforms. Further, the staff and the downtime were additional costs. There are plenty of difficulties with the on-premise platform. However, cloud management platforms come with an efficient initial cost. Also, the concerns about downtime and maintenance are less in cloud management. Due to these benefits, the key players of the market are rapidly adapting to the cloud platform.


The competition in the market and economic situations are favourable for the cloud management platform. The adoption of cloud management platforms by many organisations is a crucial driver for the market. Further, the virtualized workloads are another factor driving the demand for the cloud management platform. Virtualized workloads are common in the IT industry. Managing these virtual workloads with any other platform is highly difficult. However, managing this visual workload is effortless with clouds. The ease of data management and extracting analytics is quick through cloud management. These entire drivers will raise Cloud Management Platform Market Profit. 


Market Growth Opportunities:
Technological advancements will raise the Cloud Management Platform Market Growth opportunities. The launch of hybrid cloud infrastructure will provide exceptional benefits to the market. The adoption rate of the hybrid cloud platform will be immense during the forecast period. The low initial cost is one of the crucial aspects that increase the hybrid cloud adoption rate. SME’s are expected to have demand for the hybrid cloud infrastructure. The flexibility, scalability, efficiency and high-end features will attract a wider customer base. The set-up and maintenance cost is much lower for hybrid cloud management.

The hybrid cloud comes with workload management. The security standards are high in the new age cloud infrastructure. DevOps integration is one of the featured developments in a hybrid infrastructure. With high growth opportunities, the profitability of the market will be massive in the forecast period. More than the launch the adoption of cloud management will be advantageous to the overall market growth. Large enterprises, IT companies, healthcare and retail are the key end-users excepted to adopt the hybrid cloud platform. 


The Market Restraints:
In recent years the business requirements and regulatory standards are constantly changing. The compliance need is versatile due to the business environment. Also, the concerns of cyber attacks and data breaches are immense for enterprises. The rising security requirements make it essential to follow compliance standards. The cloud management platform market requires complying with the regulatory standards of the organization.

These standards are certain that can lead to difficulties in deployment. The compliance standards prevent damages, losses, cyber-attacks for an organization. However, when deploying the cloud management platform all these factors can delay the process. Also, more time and energy is required for deployment. 


The Market Challenges:
Cloud computing is a cost-efficient and flexible service for any enterprise. Also, business efficiency is enhanced through cloud computing. There is a vast demand for cloud management from various verticals. Features such as sociability, efficiency and high productivity are the key reasons for the adoption of cloud computing. However, the cloud management platform deals with a massive amount of data.

The amount of stored data is massive. Also, much of sensitive data is under cyber attacks. With the high volume of data, the cyber threats are high. Cyber attacks can be damaging to any business. Loss of data and revenue losses are some of the concerns of end-users. Due to this market challenge, the adoption rate can decline in upcoming years. 


Cumulative Growth Analysis:
The growth of the cloud management platform is surging during the forecast period. With higher adoption and demand, the market is developing faster. Demand from end-users such as the IT industry is driving the market demand. Also, the cost-efficiency of the platforms attracts many customers.

However, data breaches and cyber-attacks are serious challenges in this market. The need to comply with regulatory standards is another factor that slows down the deployment rate. Further, the adoption of a hybrid cloud will bring favourable opportunities to the market. As per the Cloud Management Platform Market Analysis, the growth rate will remain surging in 20224. 


Value Chain Analysis:
Asia Pacific market will witness the highest demand for Cloud Management Platform Business. It will dominate the global market with the highest shares. The amount of skilled labour is high in this region. It increases the adoption rate of the cloud management platform. Also, the SME and large scale enterprises are the target audience in this region.

The public cloud market segment will experience immense demand. Also, it is a region that will enhance its digital initiatives in the forecast period. There is a high need to develop agility in this region. Also, the adoption of the cloud will help to satisfy customer needs. All these factors lead to high cloud management platforms profits in Asia pacific. 


Cloud Management Platform Market Segment Overview:
By Service Model:



  • Software as a service 

  • Infrastructure as a service 

  • Platform as a service 


By Deployment Mode:



  • Private cloud 

  • Public cloud 


By Organization Size:



  • Large scale enterprise 

  • Small-medium size enterprise 


By end-user:



  • Banking 

  • Health care and life science 

  • It 

  • Telecommunication 

  • Manufacturing 

  • Government and utilities 

  • Retail and consumer goods 

  • Media and entertainment 


Competitive Landscape:
Acquisition and R&D are the key strategies in the competitive landscape. The Cloud Management Platform Market Leaders will make plenty of developments. Also, the launch of hybrid cloud management is the future of the market. Due to this, there are market expansions and partnership possibilities in the market. 


Cloud Management Platform Market Regional Analysis:
North America will dominate other regional players in the cloud management platform. The higher adoption rate will lead to high demand. Further, there is a wide range of large enterprises in this region. The well-established players will make massive developments. Further, hybrid cloud will have demand in this region.


The Asia Pacific will witness the fastest growth rate in the forecast period. The high use of the SaaS platform will drive market growth. Further, the increasing rate of digitization plays a crucial part in high demand. Europe will witness significant demand in the forecast period. All the regional players will witness the highest revenue rates in 2024. 


The key players of the cloud management platform market are 



  • IBM

  • Microsoft

  • Adobe 

  • Salesforce

  • Workday

  • SAP

  • Google

  • AWS 

  • Mware

  • Cisco

  • Micro Focus


Recent Developments:
The key players are expanding the cloud platform management market in the Middle East and Africa regions. More than nine zones in this region have high availability of cloud platforms. 

Microsoft is introducing industry-specific cloud management. Especially for the healthcare industry, it is launching a high-end cloud platform 


Report Overview:



  • Market overview highlights 

  • Analysis based upon COVID 19

  • Explanation upon the Market Dynamics

  • Value chain analysis

  • Market segmentation overview

  • The regional analysis

  • Competitive landscape analysis

  • Recent Developments



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 7.2 billion
  CAGR   16.10%
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   by Component, by Solution
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Cisco Systems Inc., (US), VMware, Inc (Dell Technologies) (US), Citrix Systems Inc. (US), HP Enterprise Development LP (US), BMC Software, Inc. (US), Embotics Corporation (US), CloudBolt Software, Inc. (US), RightScale, Inc. (US), HyperGridβ„’ (US), MORPHEUS DATA, LLC. (US), Scalr, Inc (US), ServiceNow (US), DivvyCloud (US), RackWare (US), Turbonomic Inc, (US).
  Key Market Opportunities

  • The large and small and medium size enterprise are utilizing the cloud platform in order to get various benefits from its features which includes flexibility and robustness and this can be utilized in their internal business operation. With the evolution in technology such as content management, cloud computing, and analytics. \r\n
  • The global cloud computing market has advanced from marketing tools to marketing automation platforms in recent years, which serves as an opportunity for the market in the future.
  •   Key Market Drivers   Some of the factors driving the cloud management platform market growth include the need for businesses to have greater control over the IT spendings, adoption of heterogeneous and multimodal IT service delivery environment, rapid deployment of virtualized workloads, and improved operational efficiency.


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    Frequently Asked Questions (FAQ) :

    By platform the market is segmented into customer management platform, cloud based platform, software-as-a-service based platform and business to business cloud platform.

    The leading players in the marketing cloud platform market are – Adobe Systems Incorporated (U.S.), Oracle Corporation (U.S.), Salesforce.Com (U.S.), International Business Machines Corporation (U.S.), Cision Ab (Sweden), Etrigue Corporation (U.S.), Hatchbuck (U.S.), Hubspot (U.S.), Infusionsoft (U.S.), Leadsquared (India) among others.

    North America is the leading market for marketing cloud platform, owing to the adoption of advanced marketing techniques in enhancing business and increase adoption of analytics by organization in cloud marketing platform.

    Major factors driving the marketing cloud platform market include the growing adoption of content marketing software for personalized marketing and customer engagement, increased use of social media for advertising, development of the mobile marketing platform due to an increasing use of smart mobile devices, and the emergence of location-based marketing.

    The large and small and medium size enterprise are utilizing the cloud platform in order to get various benefits from its features which includes flexibility and robustness and this can be utilized in their internal business operation. With the evolution in technology such as content management, cloud computing, and analytics. The global cloud computing market has advanced from marketing tools to marketing automation platforms in recent years, which serves as an opportunity for the market in the future.