"Cloud Systems Management Software Market by Solution (Operations Management, Change & Configuration Management, Application Performance Management, Problem Management), Service, Deployment, Organization Size, Vertical, & Region - Global Forecast to 2021" [148 Pages Report] The cloud systems management software market size is estimated to grow from USD 3.95 billion in 2016 to USD 15.29 billion by 2021, at a CAGR of 31.1% during the forecast period. Factors such as increasing adoption of private & hybrid cloud services and enterprises willingness to avoid vendor lock-in are fueling the growth of the cloud systems management software market across the globe.
Market Dynamics
Drivers
• Easy integration of complex and heterogeneous cloud environments
• Rising adoption of hybrid cloud
• Increasing need to avoid vendor lock-in
Restraints
• Complexities involved in application portability
• Rising threats and data security concerns
Opportunities
• Increasing number of enterprises utilizing the benefits of cloud management
• New business avenues for MSPs
Challenges
• Complexities in redesigning the network
• Lack of technical proficiency among enterprises
Easy integration of complex and heterogeneous cloud environments
The cloud systems management solution combines software and technologies in a design that manages cloud environments. The solution enables easy and efficient integration of cloud infrastructure across different environments, which is driving the global cloud systems management software market. When business requirements exceed the capacity of the private cloud, services are procured from the public cloud service providers; this creates complications in the integration of private and public cloud, leading to the emergence of hybrid cloud infrastructure. In addition, enterprises with large-scale cloud implementations require a more robust cloud management that has the ability to manage multiple platforms from a central reference and intelligent analytics to automate processes like application lifecycle management. Cloud systems management software handles system failures automatically with capabilities such as self-monitoring, notification mechanism, and failure & self-healing. Major cloud systems management vendors are collaborating with cloud service providers, delivering customized computing solutions, and providing innovative & efficient solutions to end-users, which is also driving market growth.
Objectives of the Study
• To describe and forecast the global cloud systems management software market on the basis of solutions, services, deployment models, organization size, industry verticals, and regions.
• To forecast the market size of the five main regional segments, namely North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America.
• To strategically analyze subsegments with respect to individual growth trends, future prospects, and contribution to the total market.
• To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges).
• To analyze the opportunities in the market for stakeholders and to provide details of competitive landscape for major players.
• To strategically profile key players and comprehensively analyze their core competencies and positioning.
• To track and analyze competitive developments such as mergers and acquisitions, new product developments, and partnerships, agreements & collaborations in the market.
To know about the assumptions considered for the study, download the pdf brochure
The cloud systems management software ecosystem comprises service providers such as VMware Inc. (Palo Alto, California, U.S.); IBM Corporation (Armonk, New York, U.S.); Microsoft Corporation (Redmond, Washington, U.S.);HP Enterprise Company (Palo Alto, California, U.S.); Cisco Systems, Inc. (San Jose, California, U.S.); BMC Software (Houston, Texas, U.S.); Oracle Corporation (Redwood City, California, U.S.); Red Hat, Inc. (Raleigh, North Carolina, U.S.); CA Technologies (New York City, New York, U.S.); and ServiceNow, Inc. (Santa Clara, California, U.S.). Other stakeholders of the cloud systems management software market include cloud vendors, systems integrators, application designers and development service providers, and network service providers.
Key Target Audience
• Cloud vendors
• Application design and development service providers
• System integrators/migration service providers
• Consultancy firms/advisory firms
• Training and education service providers
• Data integration service providers
• Managed service providers
• Data quality service providers
“The research study answers several questions for the stakeholders, primarily which market segments to focus in the next two to five years for prioritizing the efforts and investments”.
The major vendors in the cloud systems management software market include VMware Inc. (Palo Alto, California, U.S.); IBM Corporation (Armonk, New York, U.S.); Microsoft Corporation (Redmond, Washington, U.S.);HP Enterprise Company (Palo Alto, California, U.S.); Cisco Systems, Inc. (San Jose, California, U.S.); BMC Software (Houston, Texas, U.S.); Oracle Corporation (Redwood City, California, U.S.); Red Hat, Inc. (Raleigh, North Carolina, U.S.); CA Technologies (New York City, New York, U.S.); and ServiceNow, Inc. (Santa Clara, California, U.S.). These players have adopted various strategies such as new product development, mergers and acquisitions, collaborations, and partnerships to cater to the cloud systems management software market.
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