target audience: TECH SUPPLIER Publication date: Aug 2023 - Document type: Market Share - Doc Document number: # US51106423
Worldwide Intelligent CloudOps Software Market Share, 2022: Robust Growth Continues for Vendors
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Abstract
This IDC study discusses 2022 vendor market shares and activity across the intelligent CloudOps software market worldwide and provides a competitive view of selected products and vendors.
"IDC estimates that vendor revenue in the worldwide intelligent CloudOps software market, including SaaS and on-premises software, grew 19.8% in 2022, exceeding $14.6 billion," stated Jevin Jensen, IDC's research vice president, Intelligent CloudOps Markets and Opportunities. "This surpassed our forecast for the year as companies continue to invest in modernizing their public and private clouds with automation and cost optimization solutions."