In the next Five Years, China's Cloud System and Service Management Software Market Will Grow at a C

According to the latest semi annual tracking report on the cloud system and service management software market released by IDC, the market scale of China's cloud system and service management software market reached US $151 million in 2019, with a year-on-year increase of 44.2%. IDC predicts that the growth of the market in the next five years will be affected by COVID-19, but it will continue to grow at a high speed. Its annual compound growth rate will be 30%. By 2024, the market will reach 562 million US dollars.

The cloud system and service management software market tracks and counts the revenue obtained by service providers from selling cloud management software, including sales revenue in the form of software license, basic maintenance, software subscription and SaaS.

According to the top ten forecasts of IDC global cloud market in 2020, in 2021, more than 90% of Chinese enterprises will rely on the combination of local / exclusive private clouds, multiple public clouds and legacy platforms to meet their infrastructure needs; By 2022, 50% of enterprises will deploy unified VMS, kubernetes and multi cloud management processes and tools to support multi cloud management and governance across local and public clouds. IDC's research shows that most enterprises are still using hybrid architectures including traditional infrastructure, private cloud and public cloud to support different types of businesses. With the development of containers, micro services and edge computing platforms, the connotation of hybrid architecture is still enriching. In the next few years, this hybrid architecture will become the norm of enterprise IT infrastructure. In this complex environment of hybrid architecture, enterprises need professional cloud management software to uniformly manage and operate a variety of cloud resources, virtual machines and containers, so that they can give full play to their maximum efficiency and provide strong support for the rapid development of enterprise business.

In 2019, the market scale of China's cloud system and service management software market reached US $151 million, and the top three service providers accounted for more than 50% of the market. The overall market pattern has not changed much compared with 2018, and the service providers providing cloud platform software still have the main share. As an indispensable part of these service providers' cloud solutions, cloud management software has also achieved good benefits with its success in the cloud market. The third-party independent cloud management software service providers represented by feizhiyun and Boyun have also won some heavyweight customers in the market with their small and beautiful characteristics and more open ecology.

After several years of development, cloud management software, as a bridge connecting cloud infrastructure and cloud services, is constantly expanding its capabilities and management objects:

From managing virtual machines and physical machines to managing hybrid architectures including virtual machines, containers / k8s and bare metal;

From managing the infrastructure lifecycle to managing the application lifecycle;

From delivering infrastructure resources to delivering more types of services, such as big data services, desktop virtualization services and Devops services;

The enterprise personnel are from data center operation and maintenance personnel to business personnel, developers and operation and maintenance personnel.

The occurrence of COVID-19 has brought a huge impact on China and the global economy. The decline in economic growth will inevitably result in a sharp reduction in ICT investment in 2020 and may affect the ICT investment in the next three years. However, after the outbreak, the Chinese government issued a series of policies and plans to help the economic recovery, and planned to make key investment and support in the field of "new infrastructure", which undoubtedly plays a continuous role in promoting the development of cloud computing within the scope of new infrastructure. Therefore, IDC's forecast for the cloud system and service management software market in the next five years is lower than that of last year, but it remains optimistic about the development of the market in China. It is expected that the market will grow at a compound growth rate of 30.0% in the next five years, and the market size will reach US $562 million in 2024, nearly four times that of 2019.

Li Zhao, senior research manager of IDC China enterprise system and software research department, said: when enriching and optimizing product functions, cloud system and service software service providers should also integrate the development of new technologies and application scenarios into their product development route. For example, with the development of 5g, edge computing will accelerate the implementation of edge computing, which has become a part of hybrid Cloud Architecture, Its management should also become a part of cloud management; The development of container is becoming more and more intense, which is indispensable for the unified management of container, virtual machine and bare metal; Use AI technology to make the cloud management platform more efficient and intelligent. In addition to products, ecological openness and aggregation are also areas that service providers should focus on, which will enable enterprises and products to have stronger vitality and vitality.

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