TECH SUPPLIER Jul 2022 - Market Forecast - Doc # US46366421

Worldwide Intelligent CloudOps Software Forecast, 2022–2026


Jevin Jensen

This IDC study presents a five-year forecast (2022–2026) for the worldwide intelligent CloudOps software market. According to IDC's current estimates, the worldwide market for intelligent CloudOps software will achieve $15.3 billion in 2022 and grow to $31.4 billion in 2026. This growth represents a five-year compound annual growth rate (CAGR) of 21.0% based on "as reported" revenue in the U.S. dollar current currency.

"Enterprises are increasing investments in the automation of their cloud infrastructure," according to Jevin Jensen, IDC vice president of Intelligent CloudOps. "As geopolitical concerns and rising inflation put IT budgets under pressure, enterprises recognize the need to invest in the tools that will help them remain competitive, control costs, and deliver value to their customers."



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