Global Cloud System Management Market Forecast to 2025: Rising Adoption of Cloud-Based Business Utility Solutions and Services Due to COVID-19 squib

Dublin, Sept. 16, 2020 (GLOBE NEWSWIRE) -- The "Cloud System Management Market by component (IT Operations Management (ITOM), IT Service Management (ITSM), and IT Automation and Configuration Management (ITACM)), Deployment Model, Organization size, Vertical, and Region - Global Forecast to 2025" report has been added to's offering. The Global Cloud System Management Market Size is Expected to Grow from USD 10.6 Billion in 2020 to USD 31.4 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 24.1% during the Forecast Period. Digital business transformation has entered a more challenging and urgency-driven phase due to the COVID-19 pandemic. Global giants are providing customers with cost-effective and productive digital solutions as every industry is economically hard-hit from the pandemic. The sudden shutdowns of offices, schools, and enterprises have increased the demand for cloud solutions and services. The cloud system management market in verticals such as IT, telecom, BFSI, and media and entertainment has impacted positively due to the work from home initiative. Employees are using cloud collaboration platforms for communicating and consuming OTT streaming services heavily as they need to stay at home amidst lockdowns. Cloud system management solutions enable businesses to operate and monitor applications, data, and services residing in the cloud as well as on-premises. The major purpose of these solutions is to ensure that the cloud infrastructure is working optimally and accurately interacting with users and other services. The increased need to enhance IT operations, reduce the operational cost, and monitor the applications in hybrid cloud environments are some of the key factors that drive the adoption of cloud system management solutions. Cloud management system solutions are being adopted by enterprises across diverse industry verticals, including BFSI, manufacturing, and healthcare.Key Topics Covered:1 Introduction 1.1 Introduction to COVID-19 1.2 COVID-19 Health Assessment 1.3 COVID-19 Economic Assessment 1.3.1 COVID-19 Economic Impact - Scenario Assessment2 Research Methodology 3 Executive Summary 4 Premium Insights 4.1 Attractive Growth Opportunities in Cloud System Management Market 4.2 Market: by Component, 2020 VS 2025 4.3 Market: by Deployment Model, 2020 VS 2025 4.4 Market: by Vertical, 2020 VS 2025 4.5 Market Regional Scenario, 2020-20255 Market Overview and Industry Trends 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers Facilitating Simplified Management of Complex and Heterogeneous Cloud Environments Emergence of Ai-Enabled Tools in IT Operations Shifting Workloads of Enterprises Toward Cloud Environments Increasing End-To-End Business Application Assurance and Uptime Growing Adoption of Hybrid Cloud and Multi-Cloud Strategies Across Enterprises of Different Industry Verticals Rising Adoption of Cloud-Based Business Utility Solutions and Services Due to COVID-19 5.2.2 Restraints Growing Number of Cloud Cyberattacks and Security Breach Incidents Difficulties Involved in Application Portability 5.2.3 Opportunities Increasing Investments in Aiops Technology Proactive Investments by Enterprises in Cloud-Based Models COVID-19 Outbreak to Foster Adoption of Cloud-Based Solutions 5.2.4 Challenges Limited Expertise Among Enterprises to Utilize Cloud System Management Solutions Increasing Number of Changes in IT Operations 5.3 COVID-19-Driven Market Dynamics 5.3.1 Drivers and Opportunities 5.3.2 Restraints and Challenges 5.3.3 Cumulative Growth Analysis 5.4 Value Chain Analysis 5.5 Ecosystem 5.6 Technology Analysis 5.6.1 Artificial Intelligence 5.6.2 Analytics 5.7 Patent Analysis 5.8 Pricing Analysis 5.9 Case Study Analysis 5.9.1 Case Study 1 5.9.2 Case Study 2 5.9.3 Case Study 36 Cloud System Management Market, by Component 6.1 Introduction 6.1.1 Component: Market Drivers 6.1.2 Component: COVID-19 Impact 6.2 IT Operations Management 6.3 IT Service Management 6.4 IT Automation and Configuration Management 7 Cloud System Management Market, by Deployment Model 7.1 Introduction 7.1.1 Deployment Model: Market Drivers 7.1.2 Deployment Model: COVID-19 Impact 7.2 On-Premises 7.3 Cloud 8 Cloud System Management Market, by Organization Size 8.1 Introduction 8.1.1 Organization Size: Market Drivers 8.1.2 Organization Size: COVID-19 Impact 8.2 Large Enterprises 8.3 Small and Medium-Sized Enterprises 9 Cloud System Management Market, by Vertical 9.1 Introduction 9.1.1 Vertical: Market Drivers 9.1.2 Vertical: COVID-19 Impact 9.2 Banking, Financial Services, and Insurance 9.3 Telecommunications 9.4 IT and ITeS 9.5 Government and Public Sector 9.6 Retail and Consumer Goods 9.7 Manufacturing 9.8 Energy and Utilities 9.9 Media and Entertainment 9.10 Healthcare and Life Sciences 9.11 Others 10 Cloud System Management Market, by Region 11 Competitive Landscape 11.1 Introduction 11.2 Market Evaluation Framework 11.3 Market Share of Top Vendors 11.4 Revenue Analysis of Top Vendors 11.5 Key Market Developments 11.5.1 New Product Launches 11.5.2 Acquisitions 11.5.3 Partnerships 11.5.4 Business Expansions 12 Company Evaluation Matrix and Profiles 12.1 Introduction 12.2 Company Evaluation Matrix Definitions and Methodology 12.2.1 Star 12.2.2 Emerging Leaders 12.2.3 Pervasive 12.2.4 Others 12.3 Company Evaluation Matrix, 2020 12.4 Company Profiles 12.4.1 VMware 12.4.2 Microsoft 12.4.3 IBM 12.4.4 Cisco 12.4.5 BMC Software 12.4.6 New Relic 12.4.7 Splunk 12.4.8 Servicenow 12.4.9 Dynatrace 12.4.10 Datadog 12.4.11 Micro Focus 12.4.12 Oracle 12.4.13 Broadcom 12.4.14 Aws 12.4.15 Flexera 12.4.16 Sciencelogic 12.4.17 Puppet 12.4.18 HPE 12.4.19 Turbonomic 12.4.20 Apptio 12.4.21 Chef 12.4.22 Densify 12.4.23 Riverbed 12.4.24 Google 12.5 Startup/SME Evaluation Matrix Definitions and Methodology 12.6 Startup/SME Evaluation Matrix,2020 12.7 Startup/SME Profiles 12.7.1 Cloudbolt Software 12.7.2 Divvycloud 12.7.3 Bunnyshell 12.7.4 Torii 12.7.5 Cohesity 12.7.6 Gorillastack 12.7.7 Antsle 12.8 Right to WinFor more information about this report visit and Markets also offers Custom Research services providing focused, comprehensive and tailored research. 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