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IBM Bluemix Services Market By Deployment Solution (Public, Dedicated, Private), By Solution (DevOps, Web And Application Services, Analytics, Watson, Mobile, IoT, Others), By End-User (Healthcare, IT & Telecom, Retail, Government, Media & Entertainment, Others), By Organization Size (SMEs, Large Enterprises) - Growth, Future Prospects And Competitive Analysis, 2019 - 2027

Increasing Development of Application Has Increased the Demand for IBM Bluemix Services Market

Globally, the IBM Bluemix services market is expected to grow with a CAGR of 26.1% during the forecast period from 2019 to 2027 and has been estimated to register a market value of US$ 40.45 Bn by 2027. The IBM Bluemix is a type of service model developed by IBM Corporation that the developers can use for developing and sharing information. The Bluemix services is a Platform as a service (PaaS) model where the providers can share messaging engines, databases, and solution stacks for application build, development, and deployment. These services are based on open standards and deploy, build, manage, and run omnichannel applications, including big data, web and mobile, and other smart services with the help of the cloud.

The rise in digitalization and increasing adoption of the internet across the globe play an important role in the market's growth. Additionally, the rising number of developers and the requirement for a platform at low cost is a major factors driving the market. One of the major benefits of this service is that open standards permit the developers to avoid vendor lock-in and allows the developer to utilize various tools of IBM or third party for application development or software development with the help of an open and flexible cloud environment.

Market Synopsis

IBM Bluemix Services with Web and Application Services in its Solutions Segment Continue Dominating the Market

In 2018, the web led the overall IBM Bluemix services market and application services segment in its solution segment, accounting for nearly 26.0% of the total market revenue generated worldwide. The segment is projected to grow with a significant CAGR during the forecast period. These services enable developers to spend less time recording and testing when there are changes in business policy. In addition, these services improve the performance and user experience associated with web applications by retrieving information from fast, managed, in-memory caches.

North America Dominates the Market by Region

The global IBM Bluemix services market was led by North America, with a market share of more than 30.0% in 2018. The region is one of the earliest adopters of the technology, and IBM has its headquarters in the US. Moreover, the increasing requirement for data storage, security concerns, and others are some of the major factors driving the market in the region.

Some of the prominent players operating in the IBM Bluemix services are Infosys Limited, Tata Consultancy Limited, Capgemini, Datamato Technologies Pvt. Ltd., Robert Bosch GmbH, Prolifics, Inc., DXC Technologies Limited, Tech Mahindra Limited, Perficient Inc., Microsoft Corporation, Oracle Corporation, Google LLC., Amazon Web Services, Salesforce.com Inc., and Wipro Limited.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. In addition, compounded Annual Growth Rate (CAGR) for each respective segment was calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The IBM Bluemix services market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of the global IBM Bluemix services market based on solutions, organization size, deployment, end-users, and geography.

Frequently Asked Questions

The market for IBM Bluemix Services is expected to reach US$ 40.45 Bn in 2028.

The IBM Bluemix Services market is expected to see significant CAGR growth over the coming years, at 26.1%.

The report is forecasted from 2019-2027.

The base year of this report is 2021.

Tata Consultancy Limited, Infosys Limited, Capgemini, Robert Bosch GmbH, Datamato Technologies Pvt. Ltd., Prolifics, Inc., Tech Mahindra Limited, Maverick Technologies, Perficient Inc., Oracle Corporation. are some of the major players in the global market.

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Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
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Published Date:  Dec 2019
Category:  IT & Telecom
Report ID:   60089
Report Format:   PDF
Pages:   120
Rating:    4.2 (49)
Delivery Time: 24 Hours to 48 Hours   
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