According to Markntel Advisors Report, Multi-Cloud Management Market is expected to grow at a significant growth rate, and the analysis period is 2024-2030, considering the base year as 2023. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Multi-cloud management is a set of different tools and procedures that allows businesses to secure applications, monitor, and manage workloads across multiple public clouds. The multi-cloud management is widely being adopted currently by business to increase their reliability, reduce the risk of vendor lock-in, and add essential business capabilities.
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Multi-Cloud Management Market Research Report & Summary:
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.                    Â
Time Period Captured in the Report:
·       Historical Years: 2019-2022
·       Base Years: 2023
·       Forecast Years: 2024-2030
Who are the Key Players Operating in the Multi-Cloud Management Market?
The top companies of the Multi-Cloud Management Market ruling the industry are:Â
Microsoft Corporation, IBM Corporation, Amazon Web Services, Inc. , Dell Technologies, Citrix Systems Inc., Flexera, Cisco Systems Inc., Rackspace Technology, Broadcom (VMware Inc.), Lumen Technologies, Trianz, BMC Software Inc., Kyndryl Inc.
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What is included in Multi-Cloud Management Market Segmentation?
The Multi-Cloud Management Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
- 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)
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Explore the Complete Multi-Cloud Management Market Analysis Report – https://www.marknteladvisors.com/research-library/multi-cloud-management-market.html
Multi-Cloud Management Market Driver:
Growing Propensity to Avoid Vendor Lock-in & Enhance Business Flexibility to Fuel Market Demand – As businesses around the world are increasingly adopting cloud computing, they face the risk of vendor lock-in, where reliance on a single cloud provider limits flexibility & increases costs. Therefore, organizations are seeking possible options to mitigate this risk and ensure they are not bound to a single provider’s pricing model. Also, as multi-cloud platforms & services allow them to leverage the strengths of different providers, optimizing performance and reducing dependency on any single vendor effectively, its adoption is on the rise across the business units seeking better scalability & flexibility.
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