The Global Cloud Discovery Market size was valued at US$ 11.35 million in 2022 and is expected to grow at a robust CAGR of 16% through 2023 to 2029, reaching a market size of nearly US$ 32.09 million by the end of the forecast period.
Summary: The Global Cloud Discovery Market is witnessing substantial growth driven by the increasing demand for cloud-based solutions across various industries. The market is expected to grow at a compound annual growth rate (CAGR) of 16% from 2023 to 2029, reaching a valuation of US$ 32.09 million. Key market players such as Amazon Web Services (AWS), Cisco Systems, and BMC Software are contributing significantly to this growth. The report provides a comprehensive analysis of market trends, key players, and the impact of COVID-19 on the market.
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Market Size: The Global Cloud Discovery Market was valued at US$ 11.35 million in 2022. It is projected to expand at a CAGR of 16% over the forecast period, reaching nearly US$ 32.09 million by 2029. This growth is fueled by the rising adoption of cloud-based technologies in various sectors such as IT, telecom, and manufacturing.
Overview: The Global Cloud Discovery Market encompasses a range of cloud-based services and solutions that enable organizations to manage, secure, and optimize their cloud infrastructure. As businesses continue to migrate to the cloud, the need for robust cloud discovery solutions becomes increasingly crucial. These solutions help organizations gain visibility into their cloud environments, ensuring compliance, security, and operational efficiency.
Market Scope: The report estimates the market size using top-down and bottom-up approaches, considering the sales revenue of key market players. The market scope includes an analysis of various segments based on components, enterprise size, and industry verticals. The study also provides insights into the adoption rates of cloud discovery solutions across different regions.
Segmentation:
- By Component:
- Services
- Solutions
- By Enterprise Size:
- Large Enterprises
- Medium-Sized Enterprises
- Small Enterprises
- By Vertical:
- Banking
- Government Public Sector
- Transportation Logistics
- Media Entertainment
- Manufacturing
- Telecommunications and IT
- Retail and Consumer Goods
Major Manufacturers:
- iQuate (USA)
- Nephos Technologies (UK)
- ScienceLogic (USA)
- ServiceNow, Inc. (USA)
- Zscaler, Inc. (USA)
- Amazon Web Services (AWS) (USA)
- BMC Software (USA)
- ServiceNow (USA)
- Puppet (USA)
- CipherCloud (USA)
- Zscaler (USA)
- Cisco Systems (USA)
- McAfee (USA)
- Qualys (USA)
- ASG Technologies (USA)
- NetSkope (USA)
Regional Analysis: The report provides a detailed analysis of the Global Cloud Discovery Market across various regions, including North America, Europe, Asia-Pacific, and the Rest of the World. North America leads the market due to the early adoption of cloud technologies and the presence of key market players. The Asia-Pacific region is expected to witness significant growth during the forecast period due to increasing investments in cloud infrastructure.
COVID-19 Impact Analysis: The COVID-19 pandemic has accelerated the adoption of cloud-based solutions as organizations shift to remote working environments. This has positively impacted the Global Cloud Discovery Market, with an increase in demand for solutions that ensure cloud security and compliance. The report highlights the pandemic's impact on market trends and growth opportunities.
Key Questions Answered:
- What will be the CAGR of the Global Cloud Discovery Market during the forecast period (2023-2029)?
- Which segment emerged as the leading segment in the Global Cloud Discovery Market?
- Who are the prominent players in the Global Cloud Discovery Market?
- What key trends are likely to emerge in the market during the forecast period?
- What will be the market size by 2029?
- Which company held the largest share in the Global Cloud Discovery Market in 2024?
Table of Contents:
- Overview
- Global Market Status and Forecast by Regions
- Global Market Status and Forecast by Types
- Global Market Status and Forecast by Downstream Industry
- Market Driving Factor Analysis
- Market Competition Status by Major Manufacturers
- Major Manufacturers Introduction and Market Data
- Upstream and Downstream Market Analysis
- Cost and Gross Margin Analysis
- Marketing Status Analysis
- Market Report Conclusion
- Research Methodology and Reference
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