Market HighlightsThe global cloud management platform market is expected to exhibit a strong 18.4% CAGR over the forecast period from 2019 to 2024, according to the latest research report from Market Research Future (MRFR). The global cloud management platform market was valued at USD 8.1 billion in 2018 and is expected to rise to a valuation of more than USD 26.7 billion by 2024, according to the report. The report presents a detailed evaluation of the global cloud management platform market, including a detailed overview of the historical growth trajectory of the market, a comprehensive overview of the present condition in the market, and accurate, studied forecasts as to the likely growth trajectory of the market over the forecast period. Major factors and trends observed in the global cloud management platform market are examined in detail in the report. The competitive landscape of the global cloud management platform market is also examined in the report. Major players in the global cloud management platform market are profiled in the report. The impact of the COVID-19 pandemic on the global cloud management platform market is also examined in the report.
Also Read: [FURL]https://www.marketwatch.com/press-release/cloud-management-platform-market-driven-by-growing-use-of-cloud-architecture-for-data-storage-cloud-management-platform-market-size-share-trends-and-challenges-2020-10-20 /[/FURL]
Segmentation:
The global cloud management platform market is segmented on the basis of component, deployment mode, organization size, vertical, and region.
By component, the global cloud management platform market is segmented into solutions and services.
By deployment, the global cloud management platform market is segmented into private cloud, public cloud, and hybrid cloud.
By organization size, the market is segmented into SMEs and large enterprises.
By end use vertical, the global cloud management platform market is segmented into IT and telecom, BFSI, government and defense, healthcare, energy and utilities, retail and ecommerce, and others.
Key Players
The global [FURL=https://www.marketresearchfuture.com/reports/cloud-management-platform-market-7943/]cloud management platform market vendors[/FURL] are Puppet, Amazon Web Services (AWS), Dynatrace, Splunk Inc., Turbonomic Inc., RackWare, DivvyCloud, ServiceNow, Scalr Inc., Morpheus Data LLC, HyperGrid, RightScale Inc., CloudBolt Software Inc., Embotics Corporation, BMC Software Inc., HP Enterprise Development LP, Citrix Systems Inc., VMware Inc. (Dell Technologies), and Cisco Systems Inc. Inorganic growth strategies such as collaborations and partnerships have been highly popular in the cloud management platform market and are likely to remain a key factor in the growth of the cloud management platform market over the forecast period.
In April 2019, RackWare, Inc. launched a hybrid cloud platform that integrates the entire cloud implementation lifecycle, starting from cloud migration process to disaster recovery and backup, to hybrid multi-cloud management.
In February 2019, Trend Forward Capital, the investment arm of Trend Micro, partnered with Turbonomic, Inc. to expand its business unit in Asia Pacific.