Cloud Based Data Management Service Market Report: Trends, Forecast and Competitive Analysis to 2030

Cloud Based Data Management Service Trends and Forecast

The future of the global cloud based data management service market looks promising with opportunities in the BFSI, IT & telecom, retail & consumer goods, government & public sector, energy & utilities, manufacturing, healthcare & life sciences, education, media & entertainment, and research & consulting services markets. The global cloud based data management service market is expected to reach an estimated $218.99 billion by 2030 with a CAGR of 30.0% from 2024 to 2030. The major drivers for this market are demand for for secure and reliable data storage solution and adaption of cloud storage service in the workplace.

A more than 150-page report is developed to help in your business decisions.

Cloud Based Data Management Service by Segment

The study includes a forecast for the global cloud based data management service by service type, deployment mode, service model, end use industry, and region.

Cloud Based Data Management Service Market by Service Type [Shipment Analysis by Value from 2018 to 2030]:

• Integration
• Security & Back-Up
• Quality

Cloud Based Data Management Service Market by Deployment Mode [Shipment Analysis by Value from 2018 to 2030]:

• Public
• Private

Cloud Based Data Management Service Market by Service Model [Shipment Analysis by Value from 2018 to 2030]:

• SaaS
• PaaS
• IaaS

Cloud Based Data Management Service Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• BFSI
• IT & Telecom
• Retail & Consumer Goods
• Government & Public Sector
• Energy & Utilities
• Manufacturing
• Healthcare & Life Sciences
• Education
• Media & Entertainment
• Others

Cloud Based Data Management Service Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Cloud Based Data Management Service Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cloud based data management service companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cloud based data management service companies profiled in this report include-

• IBM
• Fujitsu
• Cisco
• Dell
• HPE
• Netapp
• Informatica

Cloud Based Data Management Service Market Insights

Lucintel forecasts that quality-as-a-service is expected to witness highest growth over the forecast period due to attaining efficiency and profitability.

Within this market, healthcare & life sciences will remain the largest segment due to shift their operations towards a mindset centered on data-driven approaches.

Asia Pacific is expected to witness highest growth over the forecast period due to growing digitalization and improve it infrastructure.

Features of the Global Cloud Based Data Management Service Market

Market Size Estimates: Cloud based data management service market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Cloud based data management service market size by various segments, such as by service type, deployment mode, service model, end use industry, and region in terms of value ($B).

Regional Analysis: Cloud based data management service market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different service type, deployment mode, service model, end use industry, and regions for the cloud based data management service market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cloud based data management service market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the cloud based data management service market size?

Answer: The global cloud based data management service market is expected to reach an estimated $218.99 billion by 2030.

Q.2 What is the growth forecast for cloud based data management service market?

Answer: The global cloud based data management service market is expected to grow with a CAGR of 30.0% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the cloud based data management service market?

Answer: The major drivers for this market are demand for for secure and reliable data storage solution and adaption of cloud storage service in the workplace.

Q4. What are the major segments for cloud based data management service market?

Answer: The future of the cloud based data management service market looks promising with opportunities in the BFSI, IT & telecom, retail & consumer goods, government & public sector, energy & utilities, manufacturing, healthcare & life sciences, education, media & entertainment, and research & consulting services markets.

Q5. Who are the key cloud based data management service market companies?

Answer: Some of the key cloud based data management service companies are as follows:

• IBM
• Fujitsu
• Cisco
• Dell
• HPE
• Netapp
• Informatica

Q6. Which cloud based data management service market segment will be the largest in future?

Answer: Lucintel forecasts that quality-as-a-service is expected to witness highest growth over the forecast period due to attaining efficiency and profitability.

Q7. In cloud based data management service market, which region is expected to be the largest in next 5 years?

Answer: Asia Pacific is expected to witness highest growth over the forecast period due to growing digitalization and improve it infrastructure.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the cloud based data management service market by service type (integration, security & back-up, and quality), deployment mode (public and private), service model (SaaS, PaaS, and IaaS), end use industry (BFSI, IT & telecom, retail & consumer goods, government & public sector, energy & utilities, manufacturing, healthcare & life sciences, education, media & entertainment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?