- Private/Hybrid Cloud
- Public
Cloud Management Market size was valued at USD 10,634.6 Million in 2022 and is anticipated to grow at a CAGR of 7.9 % over 2023-2029. Cloud management refers to the set of processes, tools, and practices used to oversee and control the utilization, monitoring, optimization, security, and governance of cloud resources and services. As businesses increasingly adopt cloud computing, effective cloud management becomes crucial to ensure the efficient operation of cloud environments while meeting organizational goals and compliance requirements. The proliferation of multi-cloud and hybrid environments plays a pivotal role in driving the revenues of the cloud management market. As organizations increasingly adopt cloud computing, many are opting for diverse strategies that involve using multiple cloud service providers or a combination of on-premises infrastructure and cloud resources. This complex landscape brings forth challenges in managing and orchestrating resources across different platforms seamlessly. Cloud management solutions are uniquely positioned to address these challenges by offering centralized control, automation, and optimization tools that span various cloud providers and on-premises environments. Moreover, factors such as resource scalability, cost optimization, and complexity management are fundamental drivers propelling the growth of the cloud management market. Cloud management solutions address the dynamic nature of cloud environments by offering automated resource scalability, enabling organizations to match resource allocation with changing demand. These solutions empower businesses to optimize costs by providing insights into resource consumption, identifying idle or underutilized assets, and suggesting strategies for cost reduction. As cloud environments become increasingly complex with numerous components and services, cloud management tools provide a centralized platform to simplify management, orchestrate resources, and enhance visibility across multi-cloud and hybrid setups. However, implementing cloud management solutions can be complex and time-consuming, especially when integrating with existing IT infrastructure, legacy systems, and multiple cloud platforms. This complexity might deter some organizations from adopting such solutions. Meanwhile, automation and AI-driven management solutions of cloud management further create opportunities for market growth. Several market players are developing innovative solutions to cater to various end-users. For instance, in April 2023, Cognizant introduced Skygrade, a hybrid cloud and edge management platform that assists companies in adopting modern cloud-native architectures and simplifying their cloud management operations.
Cloud Management Market Key Developments:
- In May 2023, IBM launched IBM Hybrid Cloud Mesh, a SaaS product that helps enterprises manage their hybrid multi-cloud infrastructure.
- In August 2022, VMware launched VMware Aria, a multi-cloud management portfolio that offers end-to-end solutions for managing infrastructure and cloud-native applications, including cost, performance, configuration, and delivery.
Global Cloud Management Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
15.8%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Cloud Management Market Dynamics
The adoption of cloud management solutions is increasing so as to optimize storage allocation and management and support the monitoring of end-user’s access to the enterprise computing infrastructure. Enterprises are deploying private cloud infrastructure to meet storage and internal computing requirements and are adopting cloud management solutions to efficiently manage the network thus driving the market.
North-America got significant share
Cloud Management Market Regional Analysis
North America accounted for larger revenue share in global cloud management market with considerable CAGR. The growth on this region is due to the presence of number of solution providers in the US. In addition, Asia Pacific held considerable market share during estimated period owing to increasing investments by regional players in developing economies. Also, China and India are the main contributors for the market growth as there are various government initiatives for the development of cloud infrastructure and to encourage digital technologies.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market and forecast.
- The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startups details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market
Global Cloud Management Market Segmentation
By Type
By End User
- Telecom
- Healthcare
- IT & amp
- Banking, Financial Services And Insurance (BFSI)
- Government and Defense
- E-Commerce
- Energy and Utilities
- Retail
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa (MEA)
Frequently Asked Questions
Incorporating artificial intelligence (AI) and machine learning (ML) into cloud management solutions stands out as a significant trend within the cloud management market.
Enhanced cost optimization features, including predictive cost analysis, real-time budget tracking, and recommendations for cost-saving strategies are some of the factors that create opportunities for companies to enhance their revenue over the forecast years.
The cloud management market size was valued at USD 10,634.6 million in 2022
- Executive Summary
- Global Cloud Management Market Introduction
- Global Cloud Management Market Taxonomy
- Global Cloud Management Market Definitions
- Type
- End User
- Global Cloud Management Market Dynamics
- Drivers
- Restraints
- Opportunities/Unmet Needs of the Market
- Trends
- Global Cloud Management Market Dynamic Factors - Impact Analysis
- Global Cloud Management Market Competition Landscape
- Global Cloud Management Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%)
- Market Opportunity Analysis
- Global Cloud Management Market, By Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Private/Hybrid Cloud
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Public
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Private/Hybrid Cloud
- Global Cloud Management Market, By End User, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Telecom
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Healthcare
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- IT & amp
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Banking, Financial Services And Insurance (BFSI)
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Government And Defense
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- E-Commerce
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Energy And Utilities
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Retail
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Others
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Telecom
- Global Cloud Management Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- North America
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Europe
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Asia-Pacific
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Latin America
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Middle East and Africa
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Global Cloud Management Market - Opportunity Analysis Index, By Type, End User and Region, 2023 - 2029
- North America
- North America Cloud Management Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Private/Hybrid Cloud
- Public
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Telecom
- Healthcare
- IT & amp
- Banking, Financial Services And Insurance (Bfsi)
- Government And Defense
- E-Commerce
- Energy And Utilities
- Retail
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- US.
- Canada
- North America Cloud Management Market - Opportunity Analysis Index, By Type, End User and Country, 2023 - 2029
- North America Cloud Management Market Dynamics Trends
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Europe Cloud Management Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Private/Hybrid Cloud
- Public
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Telecom
- Healthcare
- IT & amp
- Banking, Financial Services And Insurance (Bfsi)
- Government And Defense
- E-Commerce
- Energy And Utilities
- Retail
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Germany
- UK
- France
- Spain
- Italy
- Russia
- Poland
- Rest of Europe
- Europe Cloud Management Market - Opportunity Analysis Index, By Type, End User and Country, 2023 - 2029
- Europe Cloud Management Market Dynamics Trends
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Asia-Pacific Cloud Management Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Private/Hybrid Cloud
- Public
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Telecom
- Healthcare
- IT & amp
- Banking, Financial Services And Insurance (Bfsi)
- Government And Defense
- E-Commerce
- Energy And Utilities
- Retail
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Japan
- China
- India
- ASEAN
- Australia & New Zealand
- Rest of Asia-Pacific
- Asia-Pacific Cloud Management Market - Opportunity Analysis Index, By Type, End User and Country, 2023 - 2029
- Asia-Pacific Cloud Management Market Dynamics Trends
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Latin America Cloud Management Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Private/Hybrid Cloud
- Public
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Telecom
- Healthcare
- IT & amp
- Banking, Financial Services And Insurance (Bfsi)
- Government And Defense
- E-Commerce
- Energy And Utilities
- Retail
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Latin America Cloud Management Market - Opportunity Analysis Index, By Type, End User and Country, 2023 - 2029
- Latin America Cloud Management Market Dynamics Trends
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Middle East and Africa Cloud Management Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Private/Hybrid Cloud
- Public
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Telecom
- Healthcare
- IT & amp
- Banking, Financial Services And Insurance (Bfsi)
- Government And Defense
- E-Commerce
- Energy And Utilities
- Retail
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Gulf Cooperation Council (GCC) Countries
- Israel
- South Africa
- Rest of MEA
- MEA Cloud Management Market - Opportunity Analysis Index, By Type, End User and Country, 2023 - 2029
- MEA Cloud Management Market Dynamics Trends
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Competition Landscape
- Strategic Dashboard of Top Market Players
- Company Profiles (Introduction, Financial Analysis, Organization Size & Organization Size Offerings, Key/ Developments, Strategies, and SWOT Analysis)
- CA TechnologiesInc.
- Citrix SystemsInc
- Vmware
- IBM Corporation
- HP Company
- Microsoft Corporation
- BMC SoftwareInc.
- Cisco SystemsInc.
- Adaptive ComputingInc.
- Oracle Corporation
- Research Methodology
15. Key Assumptions and Acronyms
- CA Technologies Inc.
- Citrix Systems Inc
- Vmware
- IBM Corporation
- HP Company
- Microsoft Corporation
- BMC Software Inc.
- Cisco Systems Inc.
- Adaptive Computing Inc.
- Oracle Corporation