Cloud Management Platform Market: Worldwide Forecasts and Analysis (2014 – 2019)
A cloud management platform is software comprising various modules and features that enable the management of cloud environments. The cloud management solutions help in storage allocation, management and delivery of computing services to the end users. The deployment model such as private, public, hybrid & community cloud cannot be handled with simple virtualization further creating the need for cloud management platform. The enterprises are adopting the cloud management platform solutions in order to manage the deployment models they have adopted. The increasing business demand for maximum flexibility of resources and the rapid pace of change in technology will make hosted and cloud-based solutions, the dominant model in the future. Cloud management solutions involve numerous tasks covering performance monitoring (response times, latency, uptime, etc.), security, disaster recovery, resource management, auditing & management, and external tool management. The cloud management platform has accelerated application delivery and ensured full control over the usage of cloud. The movement to the cloud management platform provides an elastic, scale, easy entry and lower per person access costs.
Microsoft Corporation, IBM Corporation, VMware, Citrix Systems Inc., CA Technologies, and RightScale are active vendors in the cloud management platform market. These vendors offer the cloud management solutions and services on cloud catering to numerous verticals such as Banking and Financial Services and Insurance (BFSI), healthcare & life sciences, telecommunication & IT, retail & wholesale, government, manufacturing, travel & hospitality and others. The cloud management platform solutions had helped the enterprises to reduce the costs, increase the business agility, and improve upon revenue. Faster deployment, less costs and mobility are the factors driving the cloud management platform market. The market integration of cloud management platform is gaining popularity and is used by businesses of all sizes consisting many employees across the world. The report provides global market trends, overall adoption scenario, competitive landscape, and key drivers in this market. The report aims at estimating the current market size and the future growth potential of this market across verticals and regions.
MarketsandMarkets has segmented the global cloud management platform market by solutions, services, deployment models, verticals and regions.
On the basis of solutions:
This market is segmented on the basis of solution such as application programming interface, infrastructure management, security & compliance management, workload optimization, and others
On the basis of type of services:
This market is segmented on the basis of service such as professional services and managed hosting services
On the basis of deployment models:
This market is segmented on the basis of deployment model such as public cloud, private cloud and hybrid and community cloud.
On the basis of verticals:
This market is segmented on the basis of verticals into BFSI, government, healthcare & life sciences, telecommunication and IT, retail and wholesale, manufacturing, travel & hospitality, and others.
On the basis of regions:
Geographical regions are classified into North America (NA), Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America (LA).
Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.
Growth opportunities and latent adjacency in Cloud Management Platform Market: Worldwide Forecasts and Analysis (2014