Worldwide Cloud Cost Transparency Software Market Shares, 2023: Growth, New Entrants, and Acquisitions Increase Rapidly

This IDC study discusses the 2023 vendor market shares based on revenue and market activity across vendors' worldwide product offerings."The rapid adoption of FinOps drives the cloud cost transparency solutions market. The complexity of managing multiple clouds and the explosion of new applications makes effective FinOps teams more necessary than ever. As a result, this market crossed the $1.8 billion mark as many new vendors entered," stated Jevin Jensen, research vice president, Intelligent Cloud and Edge with FinOps, IDC.