| Study Period | 2019 - 2032 |
| 2024 Market Size | USD 4.0 Billion |
| 2025 Market Size | USD 4.5 Billion |
| 2032 Forecast | USD 12.2 Billion |
| Growth Rate (CAGR) | 15.30% |
| Largest Region | North America |
| Fastest Growing Region | APAC |
| Nature of the Market | Fragmented |
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The global integrated cloud management platform market is set to reach USD 12.2 billion in 2032 from USD 4.0 billion in 2024, advancing at CAGR of 15.3% during 2025–2032. The major factor credited for this growth is the rapid adoption of hybrid and multi-cloud strategies. Moreover, the growing trend of bring your own device and shifting workload to cloud environments are propelling the growth. Further, the COVID-19 pandemic has provided a boost to the market by impelling companies to shift to the work from home model from the work from office model, either completely or partly.
Moreover, IT & telecom companies have large amounts of data to be managed on the premises as well as in the cloud environment. Moreover, post COVID-19, the demand for internet-based applications on tablets, smartphones, laptops, and PCs has increased, which is causing the shift to cloud-based platforms.
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