Market Size of Cloud Discovery Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 18.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Cloud Discovery Market Analysis
Cloud Discovery Marke is expected to register a healthy CAGR of over 18% during the forecast period (2021 - 2026). Companies across the emerging economies are focusing on developing their cloud discovery solutions for the various end users to enhance service and security for the organizations.
- Owing to features of cloud discovery such as data sharing through file feeds, high-quality web services, and single sign-on connection across the network is fueling the adoption of cloud computing technology among various industry sectors
- Further, increasing implementation of the multi-cloud environment which facilitates managed cloud services such as, Platform-as-a-Service (PaaS), Software-as-a-Service (SaaS), and Infrastructure-as-a-Service (IaaS) for the operation of enterprise cloud services are expected to strengthening the growth of cloud discovery market during the forecast period.
- Integration of multi-cloud and big data technology among various cloud-based organizations is expected to proliferate the growth of the market, owing to features offered by cloud discovery such as, automated monitoring that utilizes advanced hybrid and multi-cloud discovery to monitor cloud-based workloads via cloud provider APIs and displays a single hybrid view of resource interdependencies.
