Cloud Computing Market Size, Outlook & Forecast by 2033

The Cloud Based Data Management Services Global Market Report 2023, provides comprehensive information on the cloud based data management services market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Cloud Based Data Management Services Global Market Report 2023, the global cloud based data management services market size is expected to grow from $31.33 billion in 2022 to $41.19 billion in 2023 at a compound annual growth rate (CAGR) of 31.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global cloud-based data management services market size is expected to reach $121.92 billion in 2027 at a CAGR of 31.2%.

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Technological advancements are a key trend gaining popularity in the cloud-based data management services market. Major companies operating in the cloud-based data management services market are adopting innovative technologies to strengthen their position in the market. For instance, in April 2020, Actian, a US-based hybrid cloud software company, launched Avalanche, a real-time connected data warehouse solution. This hybrid solution is the first-ever cloud data warehouse that offers complete integration capabilities that allow enterprises to control and make use of their diverse data sources both in the cloud and on-premises for use in high-performance analytics inexpensively and rapidly.

The cloud based data management services market is segmented:

1) By Service Type: Integration Services, Data Security and Back-up Services Quality-as-a-Service

2) By Service Model: Software-As-A-Service, Platform-As-A-Service, Infrastructure-As-A-Service

3) By Deployment model: Public Cloud, Private Cloud, Other deployment modes

4) By End-User: Banking, Financial Services and Insurance (BFSI), Manufacturing, Healthcare, Information Technology (IT) And Telecommunication, Retail, Other End-User

North America was the largest region in the cloud based data management services market in 2022.

The table of contents in TBRC’s cloud based data management services market report includes:

1. Executive Summary
2. Cloud Based Data Management Services Market Characteristics
3. Cloud Based Data Management Services Market Trends And Strategies
4. Cloud Based Data Management Services Market – Macro Economic Scenario
5. Cloud Based Data Management Services Market Size And Growth

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26. Africa Cloud Based Data Management Services Market
27. Cloud Based Data Management Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cloud Based Data Management Services Market
29. Cloud Based Data Management Services Market Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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