Multi-Cloud Management Market Anticipates 27.76% CAGR Rise in Coming Years | MarkNtel Advisors
Global Multi-Cloud Management Market Report: 2024-2030
According to MarkNtel Advisors recent report “Global Multi-Cloud Management Market”. The report takes a numbers-based approach, breaking down precise data in a straightforward way. It consists of information on all the periods – past, present, and future. The report covers important topics like customer behavior, industry size, share, ongoing trends, market segments, and leading companies, and other valuable aspects related to the industry.
Key Highlights of the Report
- Market Performance (2019-2030)
- Market Outlook (2024-2030)
- Market Drivers and Challenges
- Competitive Benchmarking
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Multi-Cloud Management Market Overview
The Global Multi-Cloud Management Market size is estimated to grow at a CAGR of around 27.76% during the forecast period, i.e., 2024-30. The market growth imputes the need for enhanced flexibility & resilience across businesses. Organizations globally are increasingly recognizing the importance of avoiding vendor lock-in and ensuring business continuity by distributing workloads across multiple cloud service providers. Moreover, security concerns also contribute to the rising demand for multi-cloud management. This is due to the growing vulnerability of data assets to breaches & cyber thefts. Thus, organizations are keenly seeking to mitigate cyber risks by dispersing their data & applications across different cloud environments.
Multi-Cloud Management Industry Trends
Growing Traction Towards Unified Management Platforms.
- The trend of unified management platforms in the multi-cloud management industry is gaining momentum as businesses seek holistic solutions to streamline operations. Companies are increasingly realizing the importance of simplifying the complexities associated with managing diverse cloud environments. Also, the demand for unified management platforms is driven by the need for a centralized and cohesive approach to governance, monitoring, and optimization across multiple cloud providers. Moreover, businesses are grappling with the challenges of fragmented management tools. In response, they are actively seeking platforms that provide a unified view, which would enable them to manage workloads seamlessly, enforce consistent policies, and optimize resource utilization efficiently.
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Multi-Cloud Management Market Segmentation
By Component
> Security & Risk Management- Market Size & Forecast 2019-2030F, (USD Million)
> Reporting & Analytics- Market Size & Forecast 2019-2030F, (USD Million)
> Cloud Automation- Market Size & Forecast 2019-2030F, (USD Million)
> Training & Consulting- Market Size & Forecast 2019-2030F, (USD Million)
> Managed Services- Market Size & Forecast 2019-2030F, (USD Million)
> Others (Migration & Integration, Monitoring & Access Management, etc.)- Market Size & Forecast 2019-2030F, (USD Million)
By Deployment Mode
> Public Cloud- Market Size & Forecast 2019-2030F, (USD Million)
> Private Cloud- Market Size & Forecast 2019-2030F, (USD Million)
> Hybrid Cloud- Market Size & Forecast 2019-2030F, (USD Million)
By Organization Size
> Large Enterprises- Market Size & Forecast 2019-2030F, (USD Million)
> Small & Medium Enterprises- Market Size & Forecast 2019-2030F, (USD Million)
By Application
> Metering & Billing- Market Size & Forecast 2019-2030F, (USD Million)
> Infrastructure & Resource Management- Market Size & Forecast 2019-2030F, (USD Million)
> Provisioning- Market Size & Forecast 2019-2030F, (USD Million)
> Compliance Management- Market Size & Forecast 2019-2030F, (USD Million)
> Lifecycle Management- Market Size & Forecast 2019-2030F, (USD Million)
> Identity & Policy Management- Market Size & Forecast 2019-2030F, (USD Million)
> Others (Cost Management, etc.)- Market Size & Forecast 2019-2030F, (USD Million)
By End User
> Hospitality- Market Size & Forecast 2019-2030F, (USD Million)
> IT & Telecom- Market Size & Forecast 2019-2030F, (USD Million)
> Consumer Goods- Market Size & Forecast 2019-2030F, (USD Million)
> Transportation & Logistics – Market Size & Forecast 2019-2030F, (USD Million)
> Health & Life Sciences- Market Size & Forecast 2019-2030F, (USD Million)
> Banking, Financial Services and Insurance (BFSI)- Market Size & Forecast 2019-2030F, (USD Million)
> Media & Entertainment- Market Size & Forecast 2019-2030F, (USD Million)
> Retail- Market Size & Forecast 2019-2030F, (USD Million)
> Other- (Advertising, Education, etc.)- Market Size & Forecast 2019-2030F, (USD Million)
Geographical Insights:
- North America
- Europe
- Asia Pacific
- Middle East/Africa
- South America
Competitive Landscape
The competitive landscape of the market has been studied in the report with detailed profiles of key players operating in the Multi-Cloud Management market.
Key Players
- > Microsoft Corporation
- > IBM Corporation
- > Amazon Web Services, Inc. (AWS)
- > Dell Technologies
- > Citrix Systems Inc.
- > Flexera
- > Cisco System, Inc.
- > Rackspace Technology
- > Navisite
- > Hewlett Packard Enterprise Development LP
- > Broadcom (VMware Inc.)
- > Lumen Technologies
- > Trianz
- > BMC Software Inc.
- > Kyndryl Inc.
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