TechNavio’s analysts forecast the Global Cloud Systems Management Software market to grow at a CAGR of 42 percent over the period of 2010–2014. One of the key factors contributing to this market growth is the increasing need to deploy hybrid cloud infrastructure. The Cloud Systems Management Software market has also been witnessing the emerging focus on interoperable cloud architecture. However, increasing concerns about data security in the cloud could hinder the growth of this market.
Key vendors dominating this market space include IBM, HP, Microsoft, and Symantec.
TechNavio’s Global Cloud Systems Management Software Market 2010–2014 report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on the Americas, the EMEA, and the APAC regions; it also covers the current market landscape and growth prospects of the Cloud Systems Management Software market.
Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
Report HighlightsCustomization is Key Trend in Cloud Systems Management Software Market
Research conducted by TechNavio reveals that the Cloud Systems Management Software market is expected to grow at a CAGR of 42 percent. Technavio’s report, which focusses on North America and the EMEA region, indicates that the market is currently being driven by the emerging need to dynamically deploy and scale cloud resources.
“Organizations across the globe are increasingly adopting cloud computing to reduce overall IT cost as well as to deploy IT applications much faster. This trend is mainly due to the increasing need among organizations to achieve a competitive edge in the market place. The cloud systems management software platform helps end-users to dynamically deploy and scale IT computing resources by providing a single interface to build and manage internal private clouds that integrate access to public cloud resources,” reports a TechNavio analyst.
In spite of the demand for cloud systems management software, the trend of modular cloud computing is hindering the growth of this market. However, the increasing adoption of hybrid cloud deployment is expected to boost growth. Moreover, the Cloud Systems Management Software market is witnessing cloud automation resources becoming more customizable.
These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.
The report, “Global Cloud Systems Management Software Market 2010–2014,” is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains an in-depth discussion and SWOT analysis of each of the key vendors in this market.
Companies mentioned in this report include: IBM, HP, and Microsoft.
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