Multi Cloud Management Software Market - Opportunities, Statistics to 2023

Posted by Savni on February 25th, 2020

Overview:

According to a recent study report published by the Market Research Future, The global market for Multi Cloud Management is estimated to witness a tremendous growth by 2022, registering a decent rate of CAGR during the forecast period 2017 – 2022.

The multi-cloud management global market is growing rapidly. The growing need for agility and automation, growing hybrid cloud adoption and rising need for effective defined governance process in organization are some of the major factors that drive the growth of multi-cloud management market. However, the key factor that may hamper the overall growth of the market is application portability on various cloud environments, states the MRFR Research Analyst while commenting upon this deep diving study report, presented through more than 100 market data tables and figures, widely spread over 110 pages.

Get Free Sample at: https://www.marketresearchfuture.com/sample_request/1670 

Multi Cloud Management Global Market – Key Players  

Cloud automation within multi-cloud management enables enterprises to manage the complete lifecycle of deployment and usage of cloud services on public, private, and hybrid cloud. The multi-cloud offers the benefits such as rapid deployment, increased staff efficiency, reduced cost of maintenance, improved responsiveness to end users, optimum resource utilization, and increased quality, thus, accelerating growth.

Some of the major players included in Global Multi Cloud Management Market study report are  Rackspace, Inc. (U.S.), Dell technologies, Inc. (U.S.), Accenture LLC (Ireland), Right scale, Inc. (U.S.), VMware, Inc. (U.S.) and Doublehorn (U.S.). Other prominent players operating in the market are Cliqr Technologies Inc. (U.S.), IBM Corporation (U.S.), Jam cracker, Inc. (U.S.), and EC managed SL (U.K.) among others.

Multi Cloud Management Global Market – Segments

The Global Multi Cloud Management market has been segmented in to 3 key dynamics for an easy grasp.

  • Segmentation on the basis of deployment includes public, private and hybrid.
  • Segmentation on the basis of Applications includes of BFSI, Healthcare, Retail, Telecommunication, Life-Science
  • Segmentation On the basis of services includes Managed services, Task migration, Cloud automation.

BFSI holds the major share of the multi-cloud management market globally. The data security and privacy issues are the major concerns that The BFSI industry faces on a regular basis, and hence the security features and security tools offered by multi-cloud services and solutions are vital for The BFSI industry. Eventually, The BFSI industry is anticipated to hold the major Multi Cloud Management Software Market size during the forecast period.

Whereas, segment - Task migration is expected to be the largest service market during the anticipated period.

Multi Cloud Management Global Market – Synopsis & Scenario

Multi Cloud Management adoption is being driven by its business value, its ability to help drive innovation, reduce time to market for new services, and its capability to extend self-service applications and services to lines of business users. Multi Cloud Management adoption enhances the business’ ability to respond rapidly to ever changing business requirements and priorities, and to innovate; - and thus go to market with enhanced differentiation and competitiveness.

Businesses are increasingly adopting “Multi Cloud Management “mandates and policies – driving the use of Multi Cloud Management services in an often ad-hoc and uncontrolled basis. This leads to "multi-cloud services sprawl", bringing with it; increased operational complexity and cost, lack of visibility related to the spend/cost, risk of security breaches and lapses in regulatory and internal policy compliance

Multi Cloud Management Market – Regional Analysis North America is dominating the Global Multi Cloud Management Market with the largest market share in the region, valuing millions of USD and is expected to grow further surpassing the previous growth records by 2022.  Multi Cloud Management Market in Asia-Pacific market is expected to grow at a significant rate of CAGR during 2017 to 2022. The Europe market for Multi Cloud Management Market is expected to grow at a considerable rate of CAGR (2016-2022).

Browse More Details on Report at: https://www.marketresearchfuture.com/reports/multi-cloud-management-market-1670

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Savni

About the Author

Savni
Joined: October 21st, 2019
Articles Posted: 480

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