Multi-Cloud Management Market Introduction
In the past few years, digital transformation among enterprises has significantly changed the business models. Further, the role of IT software and services has increased considerably to support business operations and decisions. Nowadays, enterprises deploy different IT workloads on different cloud services, depending on their business requirements and security needs. A multi-cloud management solution enables end user to easily manage applications and workloads across various cloud deployment models such as public, private, and hybrid. In addition, it allows the enterprise to reduce their dependencies over single cloud service provider.
Various benefits offered by cloud-based IT solutions and services such as IT infrastructure cost optimization, flexibility, faster time to the market, and high performance are anticipated to boost the adoption of multi-cloud management solutions during the forecast period. Further, rising competition among enterprises is anticipated to encourage them to adopt multi-cloud business strategies to meet customers demand and achieve the right level of governance. In contrast, maintaining confidentiality and privacy of organizational data, complexities in redesigning of networks, and lack of expertise and management overhead is anticipated to hamper the market growth over the forecast period.
The global multi-cloud management is analyzed across various segments such as by platform, application, offering, deployment model, organization size, and vertical. By platform, the market is bifurcated into private / hybrid cloud enablement and public cloud enablement segments. Based on application, the multi-cloud management market is segmented into infrastructure and resource management, compliance management, lifecycle management, metering and billing, identity and policy management, and others. By offering, the market is bifurcated into cloud automation, reporting and analytics, data security and risk management, migration and integration, consulting service, training and support, maintenance services, and others. Based on deployment model, the global multi-cloud management market is segmented into public, private, and hybrid cloud. Organization size includes small, medium, and large enterprise. Based on vertical, the market is segmented into public sector, healthcare sector, retail sector, IT & telecom sector, manufacturing sector, transportation & logistics, and others. The market is analyzed six across major regions such as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, and Middle East & Africa.
Multi-Cloud Management Market Competitive Landscape
Key vendors analyzed in the market are DoubleHorn, VMware, GigaSpaces Technologies, HPE, Scalr, RightScale, Cisco, Google, Dell, IBM Corporation, and Microsoft Corporation among others. Prominent players in the market are inclined towards introducing advanced multi-cloud management platform to cater the increasing needs of customers and outperform competitors.
Major Regions/Countries include:
- North America
- Western Europe
- United Kingdom
- Rest of Western Europe
- Eastern Europe
- Rest of Eastern Europe
- Asia Pacific (APAC)
- Rest of Asia-Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa (MEA)
- North Africa
- South Africa
- Rest of MEA
This research report on multi-cloud management market would be produced using first-hand market information gathered from industry experts and major participants across the value chain, during primary research. It would provide broad view of current market trends, growth factors and competitive analysis.