The Cloud Management Platform Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Cloud Management Platform Market?
The market size for the cloud management platform has seen a rapid increase in the past few years. The market, valued at $18.39 billion in 2024, is projected to reach $21.28 billion in 2025, with a compound annual growth rate (CAGR) of 15.7%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Cloud Management Platform Industry?
The cloud management platform market is forecasted to reach $46.26 billion by 2029, with a compound annual growth rate (CAGR) of 21.4%.
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What are the Key Growth Drivers Fueling the Cloud Management Platform Market?
The key drivers in the cloud management platform market are:
• Increased integration with DevOps practices
• Focus on cost optimization in cloud management
• Expanded use of container orchestration and Kubernetes
• Automation of governance and policy in cloud management
Global Market Segmentation: Identifying Major Cloud Management Platform Industry Segments
The cloud management platform market covered in this report is segmented –
1) By Component: IT Operations Management (ITOM), IT Service Management (ITSM), IT Automation And Configuration Management (ITACM)
2) By Deployment Mode: Private Cloud, Public Cloud, Hybrid
3) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
4) By Verticals: BFSI, Telecommunications, IT And ITeS, Government And Public Sector, Retail And Consumer Goods, Manufacturing, Energy And Utilities, Media And Entertainment, Healthcare
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What are the Emerging Trends Shaping the Future of the Cloud Management Platform Market?
The key trends in the cloud management platform market are:
• The integration of DevOps practices into cloud management platforms is a key future trend.
• Focus on cost optimization in cloud management is increasingly shaping the market.
• The use of container orchestration and Kubernetes integration is a rising trend.
• Efforts towards governance and policy automation are becoming a prevalent trend in the market.
Who Are the Top Competitors & Leading Players in the Cloud Management Platform Market?
Major companies in the cloud management platform market are:
• Google LLC
• Microsoft Corporation
• Dell Technologies Inc.
• Amazon Web Services Inc.
• Turbonomic Inc.
• International Business Machines Corporation
• Cisco Systems Inc.
• Hewlett Packard Enterprise Company
• CloudBolt Software Inc.
• VMware Inc.
• ServiceNow Inc.
• NetApp Inc.
• Citrix Systems Inc.
• Splunk Inc.
• BMC Software Inc.
• Nutanix Inc.
• Red Hat Inc.
• New Relic Inc.
• Rapid7 LLC
• Cohesity Inc.
• Apptio Inc.
• LogicMonitor Inc.
• Flexera Software LLC
• OpsRamp Inc.
• Scality Inc.
• CloudHealth Technologies Inc.
• CloudCheckr Inc.
• ParkMyCloud Inc.
• Fugue Inc.
• Zenoss Inc.
• Stratodesk Corporation
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the cloud management platform market in 2024
