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Worldwide Intelligent CloudOps Software Forecast, 2024–2028

Publisher IDC
Published Jul 09, 2024
Length 22 Pages
SKU # IDC18983868

Description

Worldwide Intelligent CloudOps Software Forecast, 2024–2028


This IDC study presents a five-year forecast (2024–2028) for the worldwide intelligent CloudOps software market. Growth in this market represents a five-year CAGR of 16.7%, based on "as reported" revenue in the U.S. dollar current currency. IDC estimates that the worldwide market for intelligent CloudOps software will reach $18.5 billion in 2023 and grow to $40.0 billion in 2028."Companies continue to invest in cloud and hybrid cloud automation driven by tool consolidation and complexity reduction," according to Jevin Jensen, vice president, Intelligent CloudOps at IDC. "As resiliency and proactive incident resolution become top of mind for IT leaders of the digital businesses, this market will continue to expand faster than the broader software market."

Please Note: Extended description available upon request.

Table of Contents

22 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Digital Transformation Projects and Cloud Adoption Continue
Increasing Investments in Cloud-Native Development
Inflation and Tighter IT Budgets Increase the Focus on Cloud Costs
Inhibitor
Ongoing Geopolitical Uncertainty
Significant Market Developments
Changes from Prior Forecast
Market Definition
Cloud IT Automation and Configuration Management
Cloud Configuration, Provisioning, and Governance
Programmable Configuration Automation
Multicluster Container Management
Cloud IT Operations Management
Cloud Observability
Cloud Cost and Capacity Optimization
Cloud IT Service Management
Disruptive Technologies to Watch — Generative AI in IT Automation, Policy as Code, and Event-Drive Automation
Methodology
Historic and Forecast Market Values and Exchange Rates
Related Research

Pricing

Currency Rates
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