The worldwide cloud systems management software market is forecasted to grow at compound annual growth rate (CAGR) of 42% over the period of 2010-2014, according to TechNavio’s analysts report.
This market growth will be primarily due to the increasing need to deploy hybrid cloud infrastructure.
The emerging focus on interoperable cloud architecture has been witnessed by the cloud systems management software market.
However, the growth of this market is expected to be hindered with the increasing concerns about data security in the cloud.
IBM, HP, Microsoft, and Symantec are the key vendors that dominate this market space.
TechNavio’s Global Cloud Systems Management Software Market 2010-2014 report focuses on the Americas, the EMEA, and the APAC regions, in addition to the current market landscape and growth prospects of the market.
