According to a market report by Lucintel, 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 secure and reliable data storage solution and adaption of cloud storage service in the workplace.

A more than 150 – page report is developed to understand trends, opportunity and forecast in cloud based data management service market to 2030 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).

In this market, integration, security & back-up, and quality are the major segments of cloud based data management service market by service type. 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.

IBM, Fujitsu, Cisco, Dell, HPE, Netapp, and Informatica are the major suppliers in the cloud based data management service market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]