Global Multi-Cloud Management Market was valued at US$ 4489.26 Mn in 2022 and is expected to reach US$ 29405.56 Mn by 2029 at a CAGR of 30.80% during a forecast period.
Market Overview:
The “Multi-Cloud Management Market” research report is designed to provide real-time market intelligence to assist decision-makers in making informed investment choices. It presents a comprehensive analysis of the global Multi-Cloud Management Market, covering aspects such as Product Types, End Users/Applications, Key Manufacturers, and Various Key Regions.
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Scope of the Market:
This research report delves into the growth opportunities, challenges, and thorough market analysis. Employing Porter’s five forces analysis, we evaluate how various factors, including supplier bargaining power, competitor intensity, the threat of substitutes, and buyer power, impact the trends in the Multi-Cloud Management industry.
Market Drivers:
Due to the rising popularity of cloud-based services and the rise of the Internet of Things (IoT), multi-cloud management is reportedly becoming more popular in the market. However, due to application portability across several cloud environments and its compliance with strict rules, businesses have some challenges when adopting multi-cloud management. Avoiding vendor lock-ins, boosting agility and automation, and the demand for strict governance and regulation are a few key factors.The two biggest market potential worldwide are the significant expansion of hybrid cloud use and the high adoption rate in SMEs. But some of the key issues that are anticipated to restrain the rise of the cloud are a lack of security and the difficulty of redesigning the network for it.
Segmentation:
by Platform
Internal Brokerage Enablement
External Brokerage Enablement
by Application
Metering and Billing
Provisioning
Compliance Management
Infrastructure and Resource Management
Identity and Policy Management
Lifecycle Management
by Service Type
Cloud Automation
Data Security and Risk Management
Migration and Integration
Reporting and Analytics
Monitoring and Access Management
Training and Consulting
Support and Maintenance
by Deployment Model
Public Cloud
Private Cloud
Hybrid Cloud
by Vertical
BFSI
Healthcare and Life Sciences
Telecommunications and IT-enabled Services (ITES)
Travel and Hospitality
Retail and Consumer Goods
Media and Entertainment
Government and Public Sector
Others
Key Players:
1. BMC Software
2. Centurylink
3. Accenture
4. Vmware
5. Doublehorn
6. Rightscale
7. Cliqr
8. Cloudyn
9. Jamcracker
10. Dell Technologies
11. IBM
12. Citrix
13. Sixsq
14. Cloudmore
15. Turbonomic
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Regional Analysis:
Our analysts have conducted a detailed study of the global Multi-Cloud Management market across the following regions:
North America (including the United States and Canada)
European Union (encompassing Germany, France, the United Kingdom, and Russia)
Asia-Pacific region (covering China, Japan, Korea, India, Southeast Asia, and Australia)
Latin America (comprising Brazil, Argentina, and Colombia)
Africa and the Middle East (encompassing Saudi Arabia, UAE, Egypt, and South Africa)
COVID-19 Impact Analysis on Multi-Cloud Management Market:
This report also includes a comprehensive analysis of the impact of the COVID-19 pandemic on the global Multi-Cloud Management market.
Key Questions Addressed in the Multi-Cloud Management Market Report:
What is the expected Compound Annual Growth Rate (CAGR) of the Multi-Cloud Management market during the forecast period (2021-2027)?
Which segment emerged as the leading one in the Multi-Cloud Management market in 2020?
Who are the key players driving the Multi-Cloud Management market?
What key trends are anticipated to surface in the Multi-Cloud Management market during the forecast period?
A detailed Market Overview
Market Share, Size & Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segments and sub-segments
Regional Insights
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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