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Global Cloud FinOps Market Size Study, by Offering (Solution, Services), by Application (Cost Management & Optimization, Budgeting & Forecasting, Cost Allocation & Chargeback, Workload Management & Optimization, Reporting & Analytics, Other Applications), by Service Model (IaaS, PaaS, SaaS), by Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud), by Organization Size (Large Enterprises, SMEs), by Vertical (IT & ITeS, BFSI, Retail & Consumer Goods, Healthcare & Life Sciences, Media & Entertainment, Manufacturing, Telecommunications, Government & Public Sector, Other Verticals) and Regional Forecasts 2022-2032

July 2024 | 200 pages | ID: G2365B60E6D8EN
Bizwit Research & Consulting LLP

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Global Cloud FinOps Market is valued at approximately USD 12.12 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 11.4% over the forecast period 2024-2032. Cloud FinOps is a collection of practices that helps organizations get the most out of their cloud finances. Cloud FinOps enhances data visibility, which is critical for accountability and optimization. By equipping teams with precise data and integrating cost visibility dashboards into daily operations, organizations can foster a culture of cost-consciousness and empowerment. For example, introducing cost control mechanisms and alerts enables proactive financial management, helping teams maintain budget targets and respond swiftly to deviations.

The cloud FinOps market is poised for significant growth driven by the integration of advanced technologies like AI and ML for analytics and cost forecasting, enhancing the ability to predict cloud spending and identify cost-saving opportunities. This market evolution is further accelerated by the embedding of FinOps best practices within DevOps processes, promoting cost optimization responsibility across development and operations teams. As organizations increasingly adopt multi-cloud and hybrid cloud strategies, there is a growing demand for unified FinOps platforms to manage and optimize cloud costs across diverse providers, ensuring operational flexibility and cost efficiency. However, the market faces challenges such as unnecessary cloud expenses or 'cloud waste,' where resources are overprovisioned or underutilized, leading to significant cost inefficiencies. Addressing these challenges is essential for optimizing spending and enhancing profitability. On the opportunity front, leveraging automation tools can streamline FinOps implementation, reducing manual tasks, optimizing resource allocation, and enabling proactive cost monitoring. The effective management of relationships and negotiations with multiple cloud service providers remains a complex challenge, necessitating sophisticated tools and strategies to handle varying pricing models and contractual terms.

The key regions considered for the global Cloud FinOps Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is a dominating region in the Cloud FinOps Market in terms of revenue. The market growth in the region is being attributed to factors including rise in cloud adoption and innovation, increased spending on cloud services and the need for comprehensive cost management solutions. Whereas, the market in Asia Pacific is anticipated to grow at the fastest rate over the forecast period fueled by rising consumer awareness and targeted efforts by market players in developing countries.

Major market players included in this report are:

Microsoft Corporation

Google LLC

IBM Corporation

AWS

Oracle Corporation

Hitachi

VMware

ServiceNow

Datadog

Lumen Technologies

Flexera

Cloudability

Apptio

CloudHealth Technologies

BMC Software

The detailed segments and sub-segment of the market are explained below:

By Offering:
  • Solution
  • Services
By Application:
  • Cost Management & Optimization
  • Budgeting & Forecasting
  • Cost Allocation & Chargeback
  • Workload Management & Optimization
  • Reporting & Analytics
  • Other Applications
By Service Model:
  • IaaS
  • PaaS
  • SaaS
By Deployment Model:
  • Public Cloud
  • Private Cloud
  • Hybrid Cloud
By Organization Size:
  • Large Enterprises
  • SMEs
By Vertical:
  • IT & ITeS
  • BFSI
  • Retail & Consumer Goods
  • Healthcare & Life Sciences
  • Media & Entertainment
  • Manufacturing
  • Telecommunications
  • Government & Public Sector
  • Other Verticals
By Region:

North America
  • U.S.
  • Canada
Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • ROE
Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • RoAPAC
Latin America
  • Brazil
  • Mexico
Middle East & Africa
  • Saudi Arabia
  • South Africa
  • RoMEA
Years considered for the study are as follows: Historical year – 2022 Base year – 2023 Forecast period – 2024 to 2032

Key Takeaways:
  • Market Estimates & Forecast for 10 years from 2022 to 2032.
  • Annualized revenues and regional level analysis for each market segment.
  • Detailed analysis of geographical landscape with Country level analysis of major regions.
  • Competitive landscape with information on major players in the market.
  • Analysis of key business strategies and recommendations on future market approach.
  • Analysis of competitive structure of the market.
  • Demand side and supply side analysis of the market.
CHAPTER 1. GLOBAL CLOUD FINOPS MARKET EXECUTIVE SUMMARY

1.1. Global Cloud FinOps Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
  1.3.1. By Offering
  1.3.2. By Application
  1.3.3. By Service Model
  1.3.4. By Deployment Model
  1.3.5. By Organization Size
  1.3.6. By Vertical
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

CHAPTER 2. GLOBAL CLOUD FINOPS MARKET DEFINITION AND RESEARCH ASSUMPTIONS

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
  2.3.1. Inclusion & Exclusion
  2.3.2. Limitations
  2.3.3. Supply Side Analysis
    2.3.3.1. Availability
    2.3.3.2. Infrastructure
    2.3.3.3. Regulatory Environment
    2.3.3.4. Market Competition
    2.3.3.5. Economic Viability (Consumer’s Perspective)
  2.3.4. Demand Side Analysis
    2.3.4.1. Regulatory frameworks
    2.3.4.2. Technological Advancements
    2.3.4.3. Environmental Considerations
    2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

CHAPTER 3. GLOBAL CLOUD FINOPS MARKET DYNAMICS

3.1. Market Drivers
  3.1.1. Cloud FinOps enhances data visibility for accountability and optimization
  3.1.2. Considerable growth in global economic developments
3.2. Market Challenges
  3.2.1. Privacy and data security concerns
  3.2.2. Unnecessary cloud expenses (cloud waste)
3.3. Market Opportunities
  3.3.1. Leveraging automation tools to streamline FinOps implementation
  3.3.2. Increasing number of strategic partnerships and acquisitions among key players

CHAPTER 4. GLOBAL CLOUD FINOPS MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL CLOUD FINOPS MARKET SIZE & FORECASTS BY OFFERING 2022-2032

5.1. Segment Dashboard
5.2. Global Cloud FinOps Market: Offering Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  5.2.1. Solution
  5.2.2. Services

CHAPTER 6. GLOBAL CLOUD FINOPS MARKET SIZE & FORECASTS BY APPLICATION 2022-2032

6.1. Segment Dashboard
6.2. Global Cloud FinOps Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  6.2.1. Cost Management & Optimization
  6.2.2. Budgeting & Forecasting
  6.2.3. Cost Allocation & Chargeback
  6.2.4. Workload Management & Optimization
  6.2.5. Reporting & Analytics
  6.2.6. Other Applications

CHAPTER 7. GLOBAL CLOUD FINOPS MARKET SIZE & FORECASTS BY SERVICE MODEL 2022-2032

7.1. Segment Dashboard
7.2. Global Cloud FinOps Market: Service Model Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  7.2.1. IaaS
  7.2.2. PaaS
  7.2.3. SaaS

CHAPTER 8. GLOBAL CLOUD FINOPS MARKET SIZE & FORECASTS BY DEPLOYMENT MODEL 2022-2032

8.1. Segment Dashboard
8.2. Global Cloud FinOps Market: Deployment Model Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  8.2.1. Public Cloud
  8.2.2. Private Cloud
  8.2.3. Hybrid Cloud

CHAPTER 9. GLOBAL CLOUD FINOPS MARKET SIZE & FORECASTS BY ORGANIZATION SIZE 2022-2032

9.1. Segment Dashboard
9.2. Global Cloud FinOps Market: Organization Size Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  9.2.1. Large Enterprises
  9.2.2. SMEs

CHAPTER 10. GLOBAL CLOUD FINOPS MARKET SIZE & FORECASTS BY VERTICAL 2022-2032

10.1. Segment Dashboard
10.2. Global Cloud FinOps Market: Vertical Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  10.2.1. IT & ITeS
  10.2.2. BFSI
  10.2.3. Retail & Consumer Goods
  10.2.4. Healthcare & Life Sciences
  10.2.5. Media & Entertainment
  10.2.6. Manufacturing
  10.2.7. Telecommunications
  10.2.8. Government & Public Sector
  10.2.9. Other Verticals

CHAPTER 11. GLOBAL CLOUD FINOPS MARKET SIZE & FORECASTS BY REGION 2022-2032

11.1. North America Cloud FinOps Market
  11.1.1. U.S. Cloud FinOps Market
    11.1.1.1. Offering breakdown size & forecasts, 2022-2032
    11.1.1.2. Application breakdown size & forecasts, 2022-2032
    11.1.1.3. Service Model breakdown size & forecasts, 2022-2032
    11.1.1.4. Deployment Model breakdown size & forecasts, 2022-2032
    11.1.1.5. Organization Size breakdown size & forecasts, 2022-2032
    11.1.1.6. Vertical breakdown size & forecasts, 2022-2032
  11.1.2. Canada Cloud FinOps Market
11.2. Europe Cloud FinOps Market
  11.2.1. UK Cloud FinOps Market
  11.2.2. Germany Cloud FinOps Market
  11.2.3. France Cloud FinOps Market
  11.2.4. Spain Cloud FinOps Market
  11.2.5. Italy Cloud FinOps Market
  11.2.6. Rest of Europe Cloud FinOps Market
11.3. Asia-Pacific Cloud FinOps Market
  11.3.1. China Cloud FinOps Market
  11.3.2. India Cloud FinOps Market
  11.3.3. Japan Cloud FinOps Market
  11.3.4. Australia Cloud FinOps Market
  11.3.5. South Korea Cloud FinOps Market
  11.3.6. Rest of Asia-Pacific Cloud FinOps Market
11.4. Latin America Cloud FinOps Market
  11.4.1. Brazil Cloud FinOps Market
  11.4.2. Mexico Cloud FinOps Market
  11.4.3. Rest of Latin America Cloud FinOps Market
11.5. Middle East & Africa Cloud FinOps Market
  11.5.1. Saudi Arabia Cloud FinOps Market
  11.5.2. South Africa Cloud FinOps Market
  11.5.3. Rest of Middle East & Africa Cloud FinOps Market

CHAPTER 12. COMPETITIVE INTELLIGENCE

12.1. Key Company SWOT Analysis
  12.1.1. Company
  12.1.2. Company
  12.1.3. Company
12.2. Top Market Strategies
12.3. Company Profiles
  12.3.1. Microsoft Corporation
    12.3.1.1. Key Information
    12.3.1.2. Overview
    12.3.1.3. Financial (Subject to Data Availability)
    12.3.1.4. Product Summary
    12.3.1.5. Market Strategies
  12.3.2. Google LLC
  12.3.3. IBM Corporation
  12.3.4. AWS
  12.3.5. Oracle Corporation
  12.3.6. Hitachi
  12.3.7. VMware
  12.3.8. ServiceNow
  12.3.9. Datadog
  12.3.10. Lumen Technologies
  12.3.11. Flexera
  12.3.12. Cloudability
  12.3.13. Apptio
  12.3.14. CloudHealth Technologies
  12.3.15. BMC Software

CHAPTER 13. RESEARCH PROCESS

13.1. Research Process
  13.1.1. Data Mining
  13.1.2. Analysis
  13.1.3. Market Estimation
  13.1.4. Validation
  13.1.5. Publishing
13.2. Research Attributes

LIST OF TABLES

TABLE 1. Global Cloud FinOps Market, Report Scope
TABLE 2. Global Cloud FinOps Market Estimates & Forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Cloud FinOps Market Estimates & Forecasts by Offering 2022-2032 (USD Billion)
TABLE 4. Global Cloud FinOps Market Estimates & Forecasts by Application 2022-2032 (USD Billion)
TABLE 5. Global Cloud FinOps Market Estimates & Forecasts by Service Model 2022-2032 (USD Billion)
TABLE 6. Global Cloud FinOps Market Estimates & Forecasts by Deployment Model 2022-2032 (USD Billion)
TABLE 7. Global Cloud FinOps Market Estimates & Forecasts by Organization Size 2022-2032 (USD Billion)
TABLE 8. Global Cloud FinOps Market Estimates & Forecasts by Vertical 2022-2032 (USD Billion)
TABLE 9. Global Cloud FinOps Market by Segment, Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Cloud FinOps Market by Region, Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 11. U.S. Cloud FinOps Market Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 12. U.S. Cloud FinOps Market Estimates & Forecasts by Segment 2022-2032 (USD Billion)
TABLE 13. Canada Cloud FinOps Market Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 14. Canada Cloud FinOps Market Estimates & Forecasts by Segment 2022-2032 (USD Billion)
TABLE 15. UK Cloud FinOps Market Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 16. Germany Cloud FinOps Market Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 17. France Cloud FinOps Market Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 18. Spain Cloud FinOps Market Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 19. Italy Cloud FinOps Market Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 20. Rest of Europe Cloud FinOps Market Estimates & Forecasts, 2022-2032 (USD Billion)
.....
This list is not complete, final report does contain more than 100 tables. The list may be updated in the final deliverable.

LIST OF FIGURES

FIG 1. Global Cloud FinOps Market, Research Methodology
FIG 2. Global Cloud FinOps Market, Market Estimation Techniques
FIG 3. Global Market Size Estimates & Forecast Methods.
FIG 4. Global Cloud FinOps Market, Key Trends 2023
FIG 5. Global Cloud FinOps Market, Growth Prospects 2022-2032
FIG 6. Global Cloud FinOps Market, Porter’s 5 Force Model
FIG 7. Global Cloud FinOps Market, PESTEL Analysis
FIG 8. Global Cloud FinOps Market, Value Chain Analysis
FIG 9. Global Cloud FinOps Market by Segment, 2022 & 2032 (USD Billion)
FIG 10. Global Cloud FinOps Market by Segment, 2022 & 2032 (USD Billion)
FIG 11. Global Cloud FinOps Market by Segment, 2022 & 2032 (USD Billion)
FIG 12. Global Cloud FinOps Market by Segment, 2022 & 2032 (USD Billion)
FIG 13. Global Cloud FinOps Market by Segment, 2022 & 2032 (USD Billion)
FIG 14. Global Cloud FinOps Market, Regional Snapshot 2022 & 2032
FIG 15. North America Cloud FinOps Market 2022 & 2032 (USD Billion)
FIG 16. Europe Cloud FinOps Market 2022 & 2032 (USD Billion)
FIG 17. Asia Pacific Cloud FinOps Market 2022 & 2032 (USD Billion)
FIG 18. Latin America Cloud FinOps Market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa Cloud FinOps Market 2022 & 2032 (USD Billion)
FIG 20. Global Cloud FinOps Market, Company Market Share Analysis (2023)
.....
This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable.


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