IBM (US), Fujitsu (Japan), Cisco (US), Dell Technologies, and HPE (US) are among the leading players operating in the Cloud-based Data Management Services Market
The cloud-based data management services market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 28.7% during the forecast period, to reach USD 141.7 billion by 2028 from USD 40.2 billion in 2023. The rise in digital transformation and the need for risk and data management is expected to drive the growth of the global cloud-based data management services market.
Major vendors in this market are based in North America, Europe, and Asia Pacific. IBM (US), Fujitsu (Japan), Cisco (US), Dell Technologies, and HPE (US) are among the leading players operating in the cloud-based data management services market. These players in the market are adopting organic and inorganic growth strategies, including new product launches, product enhancements, partnerships, contracts, mergers, and acquisitions, to strengthen their presence in this competitive cloud-based data management services market.
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Dell Technologies
Dell Technologies is headquartered in the US and was formed in September 2016 out of the merger of Dell and EMC Corporation. The company provides personal computers, servers, smartphones, televisions, computer security, network security, computer software, and information security services. It operates through two divisions: Dell Client Solution Group and Dell EMC Infrastructure Solutions Group. In the cloud-based data management services market, the company offers cloud data management solutions, which manage backups, restores, disaster recovery, archiving, and migration for data in a hybrid cloud environment. The company also offers innovative infrastructure solutions to facilitate organizations' efficient transformation of their business operations with digital technologies. Dell, Dell EMC, Pivotal, RSA, SecureWorks, Virtustream, and VMware work together under the brand of Dell Technologies to empower enterprises with their digital transformation.
Fujitsu
Fujitsu Limited, a global ICT company, stands as a powerhouse in the industry, delivering cutting-edge solutions and services to diverse clients worldwide. Founded in 1935, Fujitsu has evolved into a comprehensive technology provider focusing on creating value for its customers through innovation, digital transformation, and a commitment to sustainability. Fujitsu offers e-computing products, cloud computing, and microprocessors. In the cloud-based data management services market, the company provides various data management services with analytical capabilities to meet challenges such as system upgrades, mergers and acquisitions, and data utilization. Fujitsu serves a variety of end-use verticals, including manufacturing, retail, financial services, transport, public sector, and energy & utilities.
Related Reports:
Cloud-based Data Management Services Market by Service Type (Integration, Data Security & Backup, Quality-as-a-Service), Service Model, Deployment Mode, Vertical (BFSI, IT & Telecom, Retail & Consumer Goods) and Region - Global Forecast to 2028
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