Cloud Management Software Market: How the Market has witnessed Substantial Growth in recent years and What Factors will drive the Market in Upcoming Years?

(IT-NEWSWIRE.COM, February 24, 2018 ) The Global Cloud Systems Management Software Market size is estimated to grow from USD 3.95 billion in 2017 to USD 15.X9 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 3X.1%. The market is driven by factors such as increased demand for automation & control among enterprises and gaining visibility across workload to improve operation management.

Cloud management is a term that covers the software and technologies designed to facilitate efficient operations and delivery of applications and computing services to enterprises and other end-users. Many software solutions are being developed for efficient monitoring and management of computing resources. These software solutions also enable monitoring of end-user access to enterprise computing infrastructure. Cloud management software solutions also help in storage allocation and management. Enterprises are establishing their private cloud infrastructure to meet their internal computing and storage requirements and they are procuring cloud management solutions to efficiently manage the network.

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This report focuses on the top players in global market, like
IBM technologies(US),
Huawei Technologies (China),
Alcatel-Lucent (Finland),
NTT DATA Corporation (Japan),
Cisco Systems (US),
…

Professional services enable enterprises to choose the best possible solutions and services depending on the requirement of the businesses and their users. Vendors offering these services focus on improving the network performance, reducing the capital expenditure & operational expenditure, and ensuring end-to-end delivery and multivendor support. On the other hand, managed services segment is expected to grow at a higher CAGR as it helps enterprises focus on core business activities and improve operational efficiency. Managed services delivers service quality and enhanced end-user experience while delivering speed, cost optimization, and quality of service.

Research Coverage
The cloud systems management software market has been segmented based on solution, service, deployment, organisation size, vertical, and region. A detailed analysis of the key industry players has been done to provide key insights into their business overview, products & services, key strategies, new product launches, partnerships, agreements, & collaborations, business expansions, and competitive landscape associated with the cloud systems management software market.

Market segment by Application, Cloud Management Software can be split into
BFSI,
Telecom and IT,
Government,
Healthcare,
Retail,
Manufacturing,
Energy and utilities,
Others.
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Cloud Management Software Market: How the Market has witnessed Substantial Growth in recent years and What Factors will drive the Market in Upcoming Years?