PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1497710
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1497710
Cloud-Based Data Management Services Market Share Report by Service Type, Service Model, Deployment Mode, Vertical - Global Industry Demand Forecast to 2030
Key Highlights
The cloud-based data management services market generated a value of USD 40.7 billion in 2023, which will increase to USD 258.4 billion, advancing at a 30.4% CAGR, by 2030.
The increasing acceptance of cloud-based services is a key factor for the industry's growth. Cloud-based services are provided via the internet that enable people and companies to store, manage, and examine huge volumes of data.
Services comprise data incorporation, management, warehousing, artificial intelligence, and machine learning. These services offer users the comfort of accessing computer resources from any location and a safe platform for storing confidential data.
These services allow quick dispositions and reduced maintenance and capital expenses. They offer establishments more dynamism, which is important seeing the continuously shifting needs of every sector.
The industry is also advancing because of the rising need for data security and compliance with guidelines like the General Data Protection Regulation (GDPR). Establishments are conscious of the usefulness of cloud-based solutions in defending their data.
The industry has a large room for growth because of the rising demand for data integration and on-demand analytics services.
The rising trend of digital transformation across different sectors, including BFSI and healthcare, further aid the industry expansion.
Key Insights
SaaS is the largest contributor to the industry, with a 55% share, because of the significant benefits it offers for companies.
The growing acceptance of SaaS in data management services has been accountable for a significant part of this expansion.
The quality as a service (QaaS) category is likely to advance at a 35% CAGR during this decade.
QaaS comprises functional testing, performance testing, usability testing, quality assurance, and security testing, which are offered to businesses and developers.
This method guarantees the dependability of software on various platforms and devices, enhances user experiences, and improves product quality.
The healthcare and life sciences category will advance at a 35% compound annual growth rate during this decade.
Businesses in this sector utilize the cloud to securely store, access, and see patient data, therapy plans, clinical advances, and various other information.
The benefits of cloud-powered EHR systems are real-time accessibility, great doctor-patient-payer collaboration, and centralized storage.
The safe sharing of patient data among different divisions and healthcare facilities is enabled by the cloud, therefore leading to enhanced patient outcomes as well as coordinated care.
The IT & telecom category is the second largest contributor to the industry, with a 25% share. The advent of the cloud has been an important reason for the expansion of the IT & telecom sector.
Cloud innovation allows broadcast communications suppliers to properly store and share media with customers. It also has the possibility to reduce the amount of hardware and software that must be fitted and maintained.
North America accounted for the largest share of the industry in 2023, of 45%. This can be mainly because of the region's strong economic development as well as developed infrastructure.
The regional industry also benefits from various sectors, such as R&D, BFSI, construction, and medical services.
Major players as well as niche innovators in the industry are engaged in strong competition.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by service type
- 1.4.2. Market size breakdown, by service model
- 1.4.3. Market size breakdown, by deployment mode
- 1.4.4. Market size breakdown, by vertical
- 1.4.5. Market size breakdown, by region
- 1.4.6. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.5.1. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Global Market
- 6.1. Overview
- 6.2. Market Revenue, by Service Type (2017-2030)
- 6.3. Market Revenue, by Service Model (2017-2030)
- 6.4. Market Revenue, by Deployment Mode (2017-2030)
- 6.5. Market Revenue, by Vertical (2017-2030)
- 6.6. Market Revenue, by Region (2017-2030)
Chapter 7. North America Market
- 7.1. Overview
- 7.2. Market Revenue, by Service Type (2017-2030)
- 7.3. Market Revenue, by Service Model (2017-2030)
- 7.4. Market Revenue, by Deployment Mode (2017-2030)
- 7.5. Market Revenue, by Vertical (2017-2030)
- 7.6. Market Revenue, by Country (2017-2030)
Chapter 8. Europe Market
- 8.1. Overview
- 8.2. Market Revenue, by Service Type (2017-2030)
- 8.3. Market Revenue, by Service Model (2017-2030)
- 8.4. Market Revenue, by Deployment Mode (2017-2030)
- 8.5. Market Revenue, by Vertical (2017-2030)
- 8.6. Market Revenue, by Country (2017-2030)
Chapter 9. APAC Market
- 9.1. Overview
- 9.2. Market Revenue, by Service Type (2017-2030)
- 9.3. Market Revenue, by Service Model (2017-2030)
- 9.4. Market Revenue, by Deployment Mode (2017-2030)
- 9.5. Market Revenue, by Vertical (2017-2030)
- 9.6. Market Revenue, by Country (2017-2030)
Chapter 10. LATAM Market
- 10.1. Overview
- 10.2. Market Revenue, by Service Type (2017-2030)
- 10.3. Market Revenue, by Service Model (2017-2030)
- 10.4. Market Revenue, by Deployment Mode (2017-2030)
- 10.5. Market Revenue, by Vertical (2017-2030)
- 10.6. Market Revenue, by Country (2017-2030)
Chapter 11. MEA Market
- 11.1. Overview
- 11.2. Market Revenue, by Service Type (2017-2030)
- 11.3. Market Revenue, by Service Model (2017-2030)
- 11.4. Market Revenue, by Deployment Mode (2017-2030)
- 11.5. Market Revenue, by Vertical (2017-2030)
- 11.6. Market Revenue, by Country (2017-2030)
Chapter 12. U.S. Market
- 12.1. Overview
- 12.2. Market Revenue, by Service Type (2017-2030)
- 12.3. Market Revenue, by Service Model (2017-2030)
- 12.4. Market Revenue, by Deployment Mode (2017-2030)
- 12.5. Market Revenue, by Vertical (2017-2030)
Chapter 13. Canada Market
- 13.1. Overview
- 13.2. Market Revenue, by Service Type (2017-2030)
- 13.3. Market Revenue, by Service Model (2017-2030)
- 13.4. Market Revenue, by Deployment Mode (2017-2030)
- 13.5. Market Revenue, by Vertical (2017-2030)
Chapter 14. Germany Market
- 14.1. Overview
- 14.2. Market Revenue, by Service Type (2017-2030)
- 14.3. Market Revenue, by Service Model (2017-2030)
- 14.4. Market Revenue, by Deployment Mode (2017-2030)
- 14.5. Market Revenue, by Vertical (2017-2030)
Chapter 15. France Market
- 15.1. Overview
- 15.2. Market Revenue, by Service Type (2017-2030)
- 15.3. Market Revenue, by Service Model (2017-2030)
- 15.4. Market Revenue, by Deployment Mode (2017-2030)
- 15.5. Market Revenue, by Vertical (2017-2030)
Chapter 16. U.K. Market
- 16.1. Overview
- 16.2. Market Revenue, by Service Type (2017-2030)
- 16.3. Market Revenue, by Service Model (2017-2030)
- 16.4. Market Revenue, by Deployment Mode (2017-2030)
- 16.5. Market Revenue, by Vertical (2017-2030)
Chapter 17. Italy Market
- 17.1. Overview
- 17.2. Market Revenue, by Service Type (2017-2030)
- 17.3. Market Revenue, by Service Model (2017-2030)
- 17.4. Market Revenue, by Deployment Mode (2017-2030)
- 17.5. Market Revenue, by Vertical (2017-2030)
Chapter 18. Spain Market
- 18.1. Overview
- 18.2. Market Revenue, by Service Type (2017-2030)
- 18.3. Market Revenue, by Service Model (2017-2030)
- 18.4. Market Revenue, by Deployment Mode (2017-2030)
- 18.5. Market Revenue, by Vertical (2017-2030)
Chapter 19. Japan Market
- 19.1. Overview
- 19.2. Market Revenue, by Service Type (2017-2030)
- 19.3. Market Revenue, by Service Model (2017-2030)
- 19.4. Market Revenue, by Deployment Mode (2017-2030)
- 19.5. Market Revenue, by Vertical (2017-2030)
Chapter 20. China Market
- 20.1. Overview
- 20.2. Market Revenue, by Service Type (2017-2030)
- 20.3. Market Revenue, by Service Model (2017-2030)
- 20.4. Market Revenue, by Deployment Mode (2017-2030)
- 20.5. Market Revenue, by Vertical (2017-2030)
Chapter 21. India Market
- 21.1. Overview
- 21.2. Market Revenue, by Service Type (2017-2030)
- 21.3. Market Revenue, by Service Model (2017-2030)
- 21.4. Market Revenue, by Deployment Mode (2017-2030)
- 21.5. Market Revenue, by Vertical (2017-2030)
Chapter 22. Australia Market
- 22.1. Overview
- 22.2. Market Revenue, by Service Type (2017-2030)
- 22.3. Market Revenue, by Service Model (2017-2030)
- 22.4. Market Revenue, by Deployment Mode (2017-2030)
- 22.5. Market Revenue, by Vertical (2017-2030)
Chapter 23. South Korea Market
- 23.1. Overview
- 23.2. Market Revenue, by Service Type (2017-2030)
- 23.3. Market Revenue, by Service Model (2017-2030)
- 23.4. Market Revenue, by Deployment Mode (2017-2030)
- 23.5. Market Revenue, by Vertical (2017-2030)
Chapter 24. Brazil Market
- 24.1. Overview
- 24.2. Market Revenue, by Service Type (2017-2030)
- 24.3. Market Revenue, by Service Model (2017-2030)
- 24.4. Market Revenue, by Deployment Mode (2017-2030)
- 24.5. Market Revenue, by Vertical (2017-2030)
Chapter 25. Mexico Market
- 25.1. Overview
- 25.2. Market Revenue, by Service Type (2017-2030)
- 25.3. Market Revenue, by Service Model (2017-2030)
- 25.4. Market Revenue, by Deployment Mode (2017-2030)
- 25.5. Market Revenue, by Vertical (2017-2030)
Chapter 26. Saudi Arabia Market
- 26.1. Overview
- 26.2. Market Revenue, by Service Type (2017-2030)
- 26.3. Market Revenue, by Service Model (2017-2030)
- 26.4. Market Revenue, by Deployment Mode (2017-2030)
- 26.5. Market Revenue, by Vertical (2017-2030)
Chapter 27. South Africa Market
- 27.1. Overview
- 27.2. Market Revenue, by Service Type (2017-2030)
- 27.3. Market Revenue, by Service Model (2017-2030)
- 27.4. Market Revenue, by Deployment Mode (2017-2030)
- 27.5. Market Revenue, by Vertical (2017-2030)
Chapter 28. U.A.E. Market
- 28.1. Overview
- 28.2. Market Revenue, by Service Type (2017-2030)
- 28.3. Market Revenue, by Service Model (2017-2030)
- 28.4. Market Revenue, by Deployment Mode (2017-2030)
- 28.5. Market Revenue, by Vertical (2017-2030)
Chapter 29. Competitive Landscape
- 29.1. List of Market Players and their Offerings
- 29.2. Competitive Benchmarking of Key Players
- 29.3. Product Benchmarking of Key Players
- 29.4. Recent Strategic Developments
Chapter 30. Company Profiles
- 30.1. IBM Corporation
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
- 30.2. Fujitsu Limited
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
- 30.3. Cisco Systems Inc.
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
- 30.4. Dell Technologies Inc.
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
- 30.5. Hewlett Packard Enterprise (HPE) Company
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
- 30.6. NetApp Inc.
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
- 30.7. Informatica LLC
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
- 30.8. SAS Institute Inc.
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
- 30.9. Actian Corporation
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
- 30.10. Oracle Corporation
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
- 30.11. SAP SE
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
- 30.12. Amazon Web Services Inc
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.12.3. Key financial summary
Chapter 31. Appendix
- 31.1. Abbreviations
- 31.2. Sources and References
- 31.3. Related Reports
