TECH SUPPLIER Jun 2019 - Market Share - Doc # US44895519
Worldwide Cloud System and Service Management Software Market Shares, 2018: Multicloud Strategies Take the Lead
This IDC study discusses 2018 vendor market shares and market activity across the worldwide cloud system and service management software market and provides a competitive view of selected products and vendors that contribute to IDC's worldwide system and service management software market models. Vendor market shares for the full system and service management market will be published in Worldwide System and Service Management Software Market Shares, 2018 (forthcoming).
"IDC estimates that vendor revenue in the worldwide cloud system and service management software market, including SaaS and on-premise software implementations used to manage public, private, hybrid, and/or multicloud environments, grew 33.2% in 2018, exceeding $5 billion for the first time," stated Mary Johnston Turner, research vice president, Cloud Management Software. "Increasing enterprise adoption of large multicloud and hybrid cloud architectures that incorporate virtual machines and container-based infrastructure is fueling market growth, and the increased complexity and scale of these environments require more sophisticated and comprehensive monitoring, analytics, and automation."
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