Cloud Management Platform Market Insights 

According to MRFR analysis, the global Cloud Management Platform Market Trends is expected to register a CAGR of ~16.10% from 2022 to 2030 and hold a value of over USD 7.2 billion by 2030.

cloud services offered by various suppliers can be organized, controlled, integrated, and managed using a set of technologies called cloud management. These services could be needed for applications such as infrastructure management, policy management, resource management, access control management, metering and billing, lifecycle management, identity and access management, and others. The integrated market has benefited from COVID-19. Businesses are rapidly using technology-assisted solutions that may be used remotely, guaranteeing to hire and maintain operations despite setbacks. As a result, the demand for the SaaS platform is always increasing. Due to the ongoing COVID-19 pandemic, integrated cloud management solutions are growing to meet the expanding demand for cloud business models and the growing popularity of remote working options.

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Regional Analysis

North America dominated the market share. The region's adoption of cloud management platform software is attributed to important vendors such as VMware, Inc., Microsoft Corporation, and IBM Corporation. End-user preparedness to accept developing technologies has also prompted important providers to create and provide sophisticated cloud services.

Europe held the second-largest market share in the market due to increased digital government efforts and regulatory settings, and the region's growing use of cloud-based technology is expected to fuel development. In addition, industry leaders are concentrating on growing their operations in the region.

Market Segmentation

The Global Cloud Management Platform market has been segmented into Components, Solutions, and Deployment.

Based on the Component, the market has been segmented into Solutions and Services.

Based on the Solution, the market has been segmented into Automation & Orchestration, Governance & Compliance, Performance Monitoring, Security Solutions, and Cost Management.

Based on the Services, the market has been segmented into Professional Services, Managed Services.

Based on the Deployment Mode, the market has been segmented into Hybrid Cloud, Public Cloud, and Private Cloud.

Based on the Organization Size, the market has been segmented into SMEs, Large Enterprises.

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Key Players

Some of the key market players are Cisco Systems Inc, VMware Inc (Dell Technologies), Citrix Systems Inc, HP Enterprise Development LP, BMC Software Inc, Embotics Corporation, CloudBolt Software Inc, RightScale Inc, and HyperGrid.

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