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Integrated Cloud Management Platform Market

Integrated Cloud Management Platform Market Forecasts to 2028 – Global Analysis By Component (Services, Solutions), Organization Size (Small and Mid-size Enterprises (SME), Large Enterprises), End User, and By Geography

4.2 (48 reviews)
Published: May 2022 ID: SMRC21432
4.2 (48 reviews)
Published: May 2022 ID: SMRC21432

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Integrated Cloud Management Platform Market is accounted for $2.51 billion in 2021 and is expected to reach $6.88 billion by 2028 growing at a CAGR of 15.5% during the forecast period. An integrated cloud management platform (ICMP) unites all third-party cloud management tools, including provisioning, orchestration, DevOps, service management, spend management, security, automation etc., in a seamless manner. It can use AI and machine learning to suggest “next best actions” for resolving application issues, guard against overspending and help ensure compliance, among other benefits. An ICMP helps organizations optimize their cloud environments. It’s also vendor agnostic to accommodate every cloud-related tool and service needed to implement Agile cloud operations using practices such as DevOps and DevSecOps.

Market Dynamics:

Driver:

Evolution of hybrid cloud infrastructure


The evolution of a hybrid cloud infrastructure will provide exceptional benefits to the market. The adoption rate of the hybrid cloud platform will be immense during the forecast period. The low initial cost is one of the crucial aspects that increase the hybrid cloud adoption rate. Small and mid-size enterprises are anticipated to have demand for the hybrid cloud infrastructure. The efficiency, scalability, flexibility, and high-end features will attract a wider customer base. In addition, the set-up and maintenance costs are much lower for hybrid cloud management. Large enterprises, IT companies, healthcare, and retail are the key end-users expected to adopt the hybrid cloud platforms. With high growth opportunities, the profitability of the market will be massive in the forecast period.

Restraint:

Design complexities


Complexity in designing the cloud platforms is hindering the growth of the integrated cloud management platform market. The distributed denial of service attacks and high-security issues are the major challenges for cloud management platforms. The lack of visibility pushes public security cloud and can lead to unauthorized access to data, improper handling, and duplication of data leading to the deletion of confidential data from infrastructure. Moreover, the designing of networks from on-premises to the cloud needs high investment, which is one of the major challenges mainly for small and medium-sized enterprises that have small budgets.

Opportunity:

Simplified management of complex cloud environment


Multi-cloud management software allows reliable provisioning, configuration, monitoring, analytics, and cost management across a diverse set of cloud resources. When business requirements exceed the capacity of private cloud, services are procured from public cloud service providers. This creates complications in the integration of private and public clouds, leading to the emergence of hybrid cloud infrastructure. In addition, enterprises with large-scale cloud implementations require a more robust cloud management that can manage multiple platforms from some central reference and intelligent analytics to automate processes, such as application lifecycle management. Cloud management tools and solutions help organizations manage all types of cloud activities, including resource deployment, use tracking, data integration, and disaster recovery.

Threat:

Rising threat of security breaches


Maintaining the privacy and confidentiality of enterprise data is one of the challenges faced by enterprises; therefore, companies are reluctant to move their data to cloud and prefer on-premises infrastructure to store sensitive data. Although there have been various developments and advancements related to cloud technologies, achieving high levels of security and interoperability have been major hurdles. These hurdles are affecting the growth of cloud solutions. The amount of data that is hosted over the cloud infrastructure has grown exponentially. This has increased the risk of data being accessed by an unauthorized external entity. Thus, the growth of the market may be challenged by the rising threat of security breaches.

The retail and consumer goods segment is expected to be the largest during the forecast period

The retail and consumer goods segment is estimated to have a lucrative growth. The rise of selling on social media platforms also means integrating payment into the user experience, bringing security and protection of customers’ data to the forefront of retailers’ minds. The hybrid cloud provides the portability and control needed to bring retailers into the new era of customer experience. The multi-cloud platforms provide retailers with flexibility and allow them to do storage and computing at a lower cost. For instance, the UK’s retailing giant, Sainsbury’s and Argos. The merger of the two companies was facilitated by the adoption of a multi-cloud platform because combining the operational requirements of both businesses would have been impossible on-premises. Retailers use data to connect the e-commerce and in-store shopping experiences, and the only way they can do this accurately and efficiently is through flexible, scalable technology.

The small and mid-size enterprises (SME) segment is expected to have the highest CAGR during the forecast period

The small and mid-size enterprises (SME) segment is anticipated to witness the fastest CAGR growth during the forecast period. The growing implementation of cloud storage is anticipated to result in desired outcomes, increased revenues, and improved business efficiency for small and mid-size enterprises. Moreover, the cost-effectiveness is an important factor for small and mid-size enterprises, as they always have a tight budget, leaving them with limited ways to market themselves and gain visibility. SMEs face intense competition from large enterprises; thus, to gain a competitive edge, they are adopting integrated cloud management platforms, which would enable quick responses, timely decisions, and overall enhanced business productivity. The small and mid-size enterprises adopt the pay-as-you-go model, which offers flexibility to manage their IT infrastructure according to their requirements.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the government support for the digital economy, rising levels of urbanization, and technological innovations. The region is gaining huge traction among global businesses. It consists of countries with a complex ecosystem of start-ups, governments, SMEs, and large multinational companies using and developing an array of valuable ICT solutions. Huge advancements in IoT, cloud computing, and telecommunications have led to several organizations adopting cloud-based strategies. The region is expected to experience huge growth during the forecast period. With the growing adoption of cloud technologies and the rising amount of business processes, there has been a significant rise in the adoption of integrated cloud management platform solutions in the Asia Pacific region.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period owing to the increasing instances of digitalization among enterprises and the growing use of cost-effective cloud-based recruitment solutions. In addition, the market in North American is anticipated to grow at a high rate as the adoption of advanced hiring solutions in this region was slow in the past, but now traction is observed across the region due to an increase in the digitalization of the enterprises.

Key players in the market

Some of the key players profiled in the Integrated Cloud Management Platform Market include BMC Software, Cisco, Cognizant, Dynatrace, HPE, IBM, Lumen Technologies, MicroFocus, Microsoft, NetApp, Nutanix, Oracle, Snow Software, Splunk, and VMware.

Key Developments:

In November 2021, Microsoft Azure Arc announced new functionality in public preview. It is getting additional machine learning functionality. Using this, users can train anywhere. New functionality has also been added for Azure Arc-enabled data services. These updates enhance Azure Arc capabilities for servers, Kubernetes, app services, and data services anywhere.

In April 2020, VMware launched vRealize Operations Cloud. vRealize Operations Cloud is a unified operations platform to manage VMware Cloud and multi-clouds. It will offer benefits, such as reducing unplanned downtime, lowering costs, delivering faster time to value, and mitigating risks.
 
Components Covered:
• Services
• Solutions
 
Organization Sizes Covered:
• Small and Mid-size Enterprises (SME)
• Large Enterprises
 
End Users Covered:
• Banking, Financial Services and Insurance (BFSI)
• Energy and Utilities
• Government and Public Sector
• Healthcare and Lifesciences
• IT and Telecom
• Manufacturing
• Retail and Consumer Goods

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary       
         
2 Preface     
   
 2.1 Abstract       
 2.2 Stake Holders      
 2.3 Research Scope      
 2.4 Research Methodology     
  2.4.1 Data Mining     
  2.4.2 Data Analysis     
  2.4.3 Data Validation     
  2.4.4 Research Approach     
 2.5 Research Sources      
  2.5.1 Primary Research Sources    
  2.5.2 Secondary Research Sources    
  2.5.3 Assumptions     
         
3 Market Trend Analysis      
 3.1 Introduction       
 3.2 Drivers       
 3.3 Restraints      
 3.4 Opportunities      
 3.5 Threats       
 3.6 End User Analysis      
 3.7 Emerging Markets      
 3.8 Impact of Covid-19      
         
4 Porters Five Force Analysis      
 4.1 Bargaining power of suppliers     
 4.2 Bargaining power of buyers     
 4.3 Threat of substitutes     
 4.4 Threat of new entrants     
 4.5 Competitive rivalry      
         
5 Global Integrated Cloud Management Platform Market, By Component  
 5.1 Introduction       
 5.2 Services       
 5.3 Solutions       
         
6 Global Integrated Cloud Management Platform Market, By Organization Size 
 6.1 Introduction      
 6.2 Small and Mid-size Enterprises (SME)    
 6.3 Large Enterprises      
         
7 Global Integrated Cloud Management Platform Market, By End User  
 7.1 Introduction      
 7.2 Banking, Financial Services and Insurance (BFSI)   
 7.3 Energy and Utilities      
 7.4 Government and Public Sector     
 7.5 Healthcare and Lifesciences      
 7.6 IT and Telecom      
 7.7 Manufacturing      
 7.8 Retail and Consumer Goods     
         
8 Global Integrated Cloud Management Platform Market, By Geography  
 8.1 Introduction      
 8.2 North America      
  8.2.1 US      
  8.2.2 Canada      
  8.2.3 Mexico      
 8.3 Europe       
  8.3.1 Germany      
  8.3.2 UK      
  8.3.3 Italy      
  8.3.4 France      
  8.3.5 Spain      
  8.3.6 Rest of Europe     
 8.4 Asia Pacific      
  8.4.1 Japan      
  8.4.2 China      
  8.4.3 India      
  8.4.4 Australia      
  8.4.5 New Zealand     
  8.4.6 South Korea     
  8.4.7 Rest of Asia Pacific     
 8.5 South America      
  8.5.1 Argentina     
  8.5.2 Brazil      
  8.5.3 Chile      
  8.5.4 Rest of South America    
 8.6 Middle East & Africa     
  8.6.1 Saudi Arabia     
  8.6.2 UAE      
  8.6.3 Qatar      
  8.6.4 South Africa     
  8.6.5 Rest of Middle East & Africa    
         
9 Key Developments       
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures  
 9.2 Acquisitions & Mergers     
 9.3 New Product Launch     
 9.4 Expansions      
 9.5 Other Key Strategies     
         
10 Company Profiling       
 10.1 BMC Software      
 10.2 Cisco       
 10.3 Cognizant      
 10.4 Dynatrace      
 10.5 HPE       
 10.6 IBM       
 10.7 Lumen Technologies     
 10.8 MicroFocus      
 10.9 Microsoft       
 10.10 NetApp       
 10.11 Nutanix       
 10.12 Oracle       
 10.13 Snow Software      
 10.14 Splunk       
 10.15 VMware       


List of Tables        
1 Global Integrated Cloud Management Platform Market Outlook, By Region (2020-2028) ($MN)
2 Global Integrated Cloud Management Platform Market Outlook, By Component (2020-2028) ($MN)
3 Global Integrated Cloud Management Platform Market Outlook, By Services (2020-2028) ($MN)
4 Global Integrated Cloud Management Platform Market Outlook, By Solutions (2020-2028) ($MN)
5 Global Integrated Cloud Management Platform Market Outlook, By Organization Size (2020-2028) ($MN)
6 Global Integrated Cloud Management Platform Market Outlook, By Small and Mid-size Enterprises (SME) (2020-2028) ($MN)
7 Global Integrated Cloud Management Platform Market Outlook, By Large Enterprises (2020-2028) ($MN)
8 Global Integrated Cloud Management Platform Market Outlook, By End User (2020-2028) ($MN)
9 Global Integrated Cloud Management Platform Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2020-2028) ($MN)
10 Global Integrated Cloud Management Platform Market Outlook, By Energy and Utilities (2020-2028) ($MN)
11 Global Integrated Cloud Management Platform Market Outlook, By Government and Public Sector (2020-2028) ($MN)
12 Global Integrated Cloud Management Platform Market Outlook, By Healthcare and Lifesciences (2020-2028) ($MN)
13 Global Integrated Cloud Management Platform Market Outlook, By IT and Telecom (2020-2028) ($MN)
14 Global Integrated Cloud Management Platform Market Outlook, By Manufacturing (2020-2028) ($MN)
15 Global Integrated Cloud Management Platform Market Outlook, By Retail and Consumer Goods (2020-2028) ($MN)
16 North America Integrated Cloud Management Platform Market Outlook, By Country (2020-2028) ($MN)
17 North America Integrated Cloud Management Platform Market Outlook, By Component (2020-2028) ($MN)
18 North America Integrated Cloud Management Platform Market Outlook, By Services (2020-2028) ($MN)
19 North America Integrated Cloud Management Platform Market Outlook, By Solutions (2020-2028) ($MN)
20 North America Integrated Cloud Management Platform Market Outlook, By Organization Size (2020-2028) ($MN)
21 North America Integrated Cloud Management Platform Market Outlook, By Small and Mid-size Enterprises (SME) (2020-2028) ($MN)
22 North America Integrated Cloud Management Platform Market Outlook, By Large Enterprises (2020-2028) ($MN)
23 North America Integrated Cloud Management Platform Market Outlook, By End User (2020-2028) ($MN)
24 North America Integrated Cloud Management Platform Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2020-2028) ($MN)
25 North America Integrated Cloud Management Platform Market Outlook, By Energy and Utilities (2020-2028) ($MN)
26 North America Integrated Cloud Management Platform Market Outlook, By Government and Public Sector (2020-2028) ($MN)
27 North America Integrated Cloud Management Platform Market Outlook, By Healthcare and Lifesciences (2020-2028) ($MN)
28 North America Integrated Cloud Management Platform Market Outlook, By IT and Telecom (2020-2028) ($MN)
29 North America Integrated Cloud Management Platform Market Outlook, By Manufacturing (2020-2028) ($MN)
30 North America Integrated Cloud Management Platform Market Outlook, By Retail and Consumer Goods (2020-2028) ($MN)
31 Europe Integrated Cloud Management Platform Market Outlook, By Country (2020-2028) ($MN)
32 Europe Integrated Cloud Management Platform Market Outlook, By Component (2020-2028) ($MN)
33 Europe Integrated Cloud Management Platform Market Outlook, By Services (2020-2028) ($MN)
34 Europe Integrated Cloud Management Platform Market Outlook, By Solutions (2020-2028) ($MN)
35 Europe Integrated Cloud Management Platform Market Outlook, By Organization Size (2020-2028) ($MN)
36 Europe Integrated Cloud Management Platform Market Outlook, By Small and Mid-size Enterprises (SME) (2020-2028) ($MN)
37 Europe Integrated Cloud Management Platform Market Outlook, By Large Enterprises (2020-2028) ($MN)
38 Europe Integrated Cloud Management Platform Market Outlook, By End User (2020-2028) ($MN)
39 Europe Integrated Cloud Management Platform Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2020-2028) ($MN)
40 Europe Integrated Cloud Management Platform Market Outlook, By Energy and Utilities (2020-2028) ($MN)
41 Europe Integrated Cloud Management Platform Market Outlook, By Government and Public Sector (2020-2028) ($MN)
42 Europe Integrated Cloud Management Platform Market Outlook, By Healthcare and Lifesciences (2020-2028) ($MN)
43 Europe Integrated Cloud Management Platform Market Outlook, By IT and Telecom (2020-2028) ($MN)
44 Europe Integrated Cloud Management Platform Market Outlook, By Manufacturing (2020-2028) ($MN)
45 Europe Integrated Cloud Management Platform Market Outlook, By Retail and Consumer Goods (2020-2028) ($MN)
46 Asia Pacific Integrated Cloud Management Platform Market Outlook, By Country (2020-2028) ($MN)
47 Asia Pacific Integrated Cloud Management Platform Market Outlook, By Component (2020-2028) ($MN)
48 Asia Pacific Integrated Cloud Management Platform Market Outlook, By Services (2020-2028) ($MN)
49 Asia Pacific Integrated Cloud Management Platform Market Outlook, By Solutions (2020-2028) ($MN)
50 Asia Pacific Integrated Cloud Management Platform Market Outlook, By Organization Size (2020-2028) ($MN)
51 Asia Pacific Integrated Cloud Management Platform Market Outlook, By Small and Mid-size Enterprises (SME) (2020-2028) ($MN)
52 Asia Pacific Integrated Cloud Management Platform Market Outlook, By Large Enterprises (2020-2028) ($MN)
53 Asia Pacific Integrated Cloud Management Platform Market Outlook, By End User (2020-2028) ($MN)
54 Asia Pacific Integrated Cloud Management Platform Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2020-2028) ($MN)
55 Asia Pacific Integrated Cloud Management Platform Market Outlook, By Energy and Utilities (2020-2028) ($MN)
56 Asia Pacific Integrated Cloud Management Platform Market Outlook, By Government and Public Sector (2020-2028) ($MN)
57 Asia Pacific Integrated Cloud Management Platform Market Outlook, By Healthcare and Lifesciences (2020-2028) ($MN)
58 Asia Pacific Integrated Cloud Management Platform Market Outlook, By IT and Telecom (2020-2028) ($MN)
59 Asia Pacific Integrated Cloud Management Platform Market Outlook, By Manufacturing (2020-2028) ($MN)
60 Asia Pacific Integrated Cloud Management Platform Market Outlook, By Retail and Consumer Goods (2020-2028) ($MN)
61 South America Integrated Cloud Management Platform Market Outlook, By Country (2020-2028) ($MN)
62 South America Integrated Cloud Management Platform Market Outlook, By Component (2020-2028) ($MN)
63 South America Integrated Cloud Management Platform Market Outlook, By Services (2020-2028) ($MN)
64 South America Integrated Cloud Management Platform Market Outlook, By Solutions (2020-2028) ($MN)
65 South America Integrated Cloud Management Platform Market Outlook, By Organization Size (2020-2028) ($MN)
66 South America Integrated Cloud Management Platform Market Outlook, By Small and Mid-size Enterprises (SME) (2020-2028) ($MN)
67 South America Integrated Cloud Management Platform Market Outlook, By Large Enterprises (2020-2028) ($MN)
68 South America Integrated Cloud Management Platform Market Outlook, By End User (2020-2028) ($MN)
69 South America Integrated Cloud Management Platform Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2020-2028) ($MN)
70 South America Integrated Cloud Management Platform Market Outlook, By Energy and Utilities (2020-2028) ($MN)
71 South America Integrated Cloud Management Platform Market Outlook, By Government and Public Sector (2020-2028) ($MN)
72 South America Integrated Cloud Management Platform Market Outlook, By Healthcare and Lifesciences (2020-2028) ($MN)
73 South America Integrated Cloud Management Platform Market Outlook, By IT and Telecom (2020-2028) ($MN)
74 South America Integrated Cloud Management Platform Market Outlook, By Manufacturing (2020-2028) ($MN)
75 South America Integrated Cloud Management Platform Market Outlook, By Retail and Consumer Goods (2020-2028) ($MN)
76 Middle East & Africa Integrated Cloud Management Platform Market Outlook, By Country (2020-2028) ($MN)
77 Middle East & Africa Integrated Cloud Management Platform Market Outlook, By Component (2020-2028) ($MN)
78 Middle East & Africa Integrated Cloud Management Platform Market Outlook, By Services (2020-2028) ($MN)
79 Middle East & Africa Integrated Cloud Management Platform Market Outlook, By Solutions (2020-2028) ($MN)
80 Middle East & Africa Integrated Cloud Management Platform Market Outlook, By Organization Size (2020-2028) ($MN)
81 Middle East & Africa Integrated Cloud Management Platform Market Outlook, By Small and Mid-size Enterprises (SME) (2020-2028) ($MN)
82 Middle East & Africa Integrated Cloud Management Platform Market Outlook, By Large Enterprises (2020-2028) ($MN)
83 Middle East & Africa Integrated Cloud Management Platform Market Outlook, By End User (2020-2028) ($MN)
84 Middle East & Africa Integrated Cloud Management Platform Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2020-2028) ($MN)
85 Middle East & Africa Integrated Cloud Management Platform Market Outlook, By Energy and Utilities (2020-2028) ($MN)
86 Middle East & Africa Integrated Cloud Management Platform Market Outlook, By Government and Public Sector (2020-2028) ($MN)
87 Middle East & Africa Integrated Cloud Management Platform Market Outlook, By Healthcare and Lifesciences (2020-2028) ($MN)
88 Middle East & Africa Integrated Cloud Management Platform Market Outlook, By IT and Telecom (2020-2028) ($MN)
89 Middle East & Africa Integrated Cloud Management Platform Market Outlook, By Manufacturing (2020-2028) ($MN)
90 Middle East & Africa Integrated Cloud Management Platform Market Outlook, By Retail and Consumer Goods (2020-2028) ($MN)

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