27+% CAGR for Multi-Cloud Management Market Size to Reach $33+Bn by 2028; says The Insight Partners

The multi-cloud management market is projected to grow from USD 7.76 billion in 2022 to USD 33.48 billion by 2028; it is estimated to grow at a CAGR of 27.6% from 2022 to 2028.


New York, Nov. 10, 2022 (GLOBE NEWSWIRE) -- According to the new market research report published by The Insight Partners, "Global Multi-Cloud Management Market Size, Share, Trends, Demand, Industry Growth, COVID-19 Impact and Global Analysis – by Component (Software and Service), Deployment (Public Cloud and Private Cloud), Application (Infrastructure and Resource Management, Identity and Policy Management, Compliance Management, Metering and Billing, and Provisioning and Lifecycle Management), and Verticals (IT and Telecom, BFSI, Government, Retail and Consumer Goods, Travel and Hospitality, Healthcare and Life Science, and Others) and Geography and Forecasts 2022 to 2028", the multi-cloud management market growth is driven by increase in data generation and rise in bring your own device (BYOD) and choose your own device (CYOD) trends and surge in need to avoid vendor lock-in.


Download Sample PDF Brochure of Multi-Cloud Management Market Size - COVID-19 Impact and Global Analysis with Strategic Insights at: https://www.theinsightpartners.com/sample/TIPRE00003465


Global Multi-Cloud Management Market Valuations, Segmentations, Regional & Country Scope:

Market Size Value in USD 7.76 Billion in 2022
Market Size Value by USD 33.48 Billion in 2028
Growth rate CAGR of 27.6% from 2022 to 2028
Forecast Period 2022-2028
Base Year 2022
No. of Pages 203
No. of Tables      115
No. of Charts & Figures  97
Historical data available Yes
Segments covered Component, Deployment, Application, Verticals, and Geography
Regional scope North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scope US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Global Multi-Cloud Management Market Forecast to 2028 - Latest COVID-19 Analysis           https://www.theinsightpartners.com/covid-analysis-sample/TIPRE00003465/


Multi-Cloud Management Market: Competitive Landscape and Key Developments

BMC Software, Inc., Cisco Systems, Inc., Flexera, International Business Machines Corporation, Micro Focus International plc, Zerto Ltd., VMware, Inc., Snow Software, Inc., UnityOneCloud and Dynatrace, Inc. are among the leading players profiled in the multi-cloud management market report. Several other essential market players were analyzed for a holistic view of the market and its ecosystem. The report provides detailed market insights, which help the key players strategize their growth. A few developments under multi-cloud management market are mentioned below:

In 2022: Snow Software announced that the company enhanced its Snow Commander product, which is designed to help the firms to advance their cloud journey.

In 2022: Micro Focus announced that the company included SaaS support for its Hybrid Cloud Management X (HCMX) Solution.


Inquiry Before Purchase @ https://www.theinsightpartners.com/inquiry/TIPRE00003465


Multi-Cloud Management Market: Industry Overview

The multi-cloud management market has been segmented on the basis of deployment, enterprise size, industry, and geography. Based on deployment, the multi-cloud management market is bifurcated into on-premises and cloud. In terms of enterprise size, the multi-cloud management market is bifurcated into small and medium enterprises and large enterprises. Based on industry, the multi-cloud management market is segmented into BFSI, IT & telecom, manufacturing, healthcare, government & defense, transport & logistics, retail, and others. Based on geography, the multi-cloud management market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM).

The multi-cloud management market in Asia Pacific is projected to witness impressive growth during 2022–2028. The region comprises developing economies such as China, India, and South Korea; several Southeastern countries; and developed economies such as Australia and Japan. Countries in Asia Pacific, such as China, India, Japan, have been evolving their technology concepts and using various technologies to manage their cloud effectively. Europe is well known for well-developed countries that favor adopting and applying new technologies. Also, the European Commission is co-investing in the deployment of common European data spaces for sectors such as agriculture, energy, healthcare, manufacturing, and transport, to ensure that more data becomes available for use in the European economy and society and controlling the companies and individuals generating data, which explains the increased penetration of multi-cloud management in this region.


Key Findings of the Study:

  1. Acceptance of cloud solutions as mainstream IT deployment option is one of the major trends in the multi-cloud management market.
  2. North America dominated the multi-cloud management Market in 2021. Growing availability of high-speed connectivity, increase in cloud adoption, increase in the growth of IoT, rapid adoption of work from home policy and emerging technology to help IoT adoption are the crucial factors assisting the market growth over the projected period in North America.
  3. Increase in data generation and rise in Bring Your Own Device (BYOD) and Choose Your Own Device (CYOD) Trends are creating growth opportunity for the market players operating into the market.
  4. Surge in need to avoid vendor lock-in augments the growth of the multi-cloud management market.       

 

Speak to Research Analyst @ https://www.theinsightpartners.com/speak-to-analyst/TIPRE00003465


BYOD (bring your own device) is a policy that allows employees in an organization to use their personally owned devices for work-related activities whereas CYOD (choose your own device) is an employee provisioning model in which an organization allows people to select the devices they would like. . The massive rise in people working from home, studying, and spending time at home is responsible for the expansion of data. Since data-driven business models will be widely used in the future, companies’ main goal will be to secure this data. Storage, computation, and analysis of the generated data will require a large storage space, which can be fulfilled by deploying the data on the cloud. Therefore, the transition by the companies to store data from an on-premises server to the cloud infrastructure will open profitable opportunities for the providers of multi-cloud management systems.

The multi-cloud management market growth in North America is mainly driven by growing availability of high-speed connectivity, increase in cloud adoption, increase in the growth of IoT, rapid adoption of work from home policy and emerging technology to help IoT adoption are the crucial factors assisting the market growth over the projected period. Moreover, industrial 4.0 is on rise in North America, several industries are benefiting from the uplift in technology and automation. The growing adoption of Internet of things across various verticals in US, Canada and Mexico have found to be game changing in operations as well as growing revenue through new forms of insights and data driven decisions. Furthermore, cloud computing is a major trend across all organizations in North America.


Multi-Cloud Management Market - Scope of the Report:

By Component

  • Software
  • Service

By Deployment

  • Public Cloud
  • Private Cloud

By Application

  • Infrastructure and Resource Management
  • Identity and Policy Management
  • Compliance Management
  • Metering and Billing
  • Provisioning and Lifecycle Management

By Verticals

  • IT and Telecom
  • BFSI
  • Government
  • Retail and Consumer Goods
  • Travel and Hospitality
  • Healthcare and Life Science
  • Others


Regions and Country Level Analysis: 

The report offers exhaustive assessment of different region-wise and country-wise Ad Fraud Detection Tools markets such as the U.S., Canada, Germany, France, the U.K., Italy, Russia, China, Japan, South Korea, Taiwan, India, Australia, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Argentina, Saudi Arabia, UAE, Turkey, etc.

The report includes country-wise and region-wise market size for the period 2022-2028, by countries (regions), by Type, and by Application, as well as by players for North America, Europe, Asia-Pacific, Latin America and Middle East and Africa.


Quickly Access Premium Copy of Multi-Cloud Management Market Growth Report (2022-2028) at: https://www.theinsightpartners.com/buy/TIPRE00003465



Browse Related Reports:

US Multi-Cloud Management Market Forecast to 2028 – The US multi-cloud management market size is expected to grow from US$ 2,411.5 million in 2022 to US$ 10,741.1 million by 2028 at a CAGR of 28.3% during 2022–2028.

Cloud Office Migration Tool Market to 2027 - The cloud office migration tool market expected to grow from US$ 740.3 million in 2019 to US$ 2,753.8 million by 2027; it is estimated to grow at a CAGR of 17.8% from 2019 to 2027.

Cloud Management Platform Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Offering (Solution, Services); Organization Size (Small and Medium Enterprises, Large Enterprises); Deployment (Public Cloud, Private Cloud, Hybrid Cloud); End user (BFSI, IT and Telecom, Healthcare and Pharmaceutical, Government, Manufacturing, Others) and Geography

Cloud Supply Chain Management Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Solution (Transportation Management, Order Management, Procurement and Sourcing, Warehouse Management, Others); Deployment Type (Private Cloud, Public Cloud, Hybrid Cloud); Enterprise Size (Large Enterprise, Small and Medium Enterprise); Industrial Vertical (Food and Beverage, Medical and Healthcare, Manufacturing, Retail and E-commerce, Others) and Geography

Cloud-managed LAN Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Component (Hardware, Solution, Services); Organization Size (Large Enterprise, Small and Medium Enterprise); Vertical (IT and Telecom, BFSI, Government, Defense, Media and Entertainment, Education, Others) and Geography

Cloud Project Portfolio Management Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Application (Project Management, Portfolio Management, Demand Management, Resource Management, Financial Management, Others); Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud); Organization Size (Small and Medium Enterprises (SMEs), Large Enterprises); Vertical (BFSI, Healthcare and Life Sciences, Telecommunication and ITES, Manufacturing, Government and Public Sector, Retail and Consumer Goods, Others) and Geography

Cloud Application Security and Vulnerability Management Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Software, Services); Enterprise Size (SMEs, Large Enterprise); End-User Industry (BFSI, Telecom and IT, Manufacturing, Healthcare, Retail and E-Commerce, Government, Energy and Utility, Media and Entertainment, Others) and Geography

Cloud Services Brokerage Market to 2028 – COVID-19 Impact and Global Analysis – by Service (Operations Management, Catalog Management, Workload Management, Integration, Reporting and Analytics, Security and Compliance, Training and Consulting, Support and Maintenance); Platform (Internal Brokerage Enablement, External Brokerage Enablement); Deployment (Public cloud, Private cloud, Hybrid cloud); Organization Size (Small and Medium-sized Enterprises (SMEs), Large enterprises); Vertical (BFSI, Healthcare and Life Sciences, IT and Telecommunications, Retail and Consumer Goods, Manufacturing, Government and Public Sector, Media and Entertainment, Energy and Utilities, Others) and Geography



About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
Press Release: https://www.theinsightpartners.com/pr/multi-cloud-management-market