The latest research study “Multi-Cloud Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global multi-cloud management market reached a value of US$ 6.43 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 29.23 Billion by 2027, exhibiting a CAGR of 27.50% during 2022-2027.
Multi-cloud management refers to a set of tools used to access, monitor, control, and secure cloud services offered by several vendors. It relies on various tools to provide a centralized platform for simplifying and streamlining the management process. It also assists in minimizing the workload on information technology (IT) teams. Owing to these properties, multi-cloud management solutions are widely adopted across telecommunications, healthcare, retail, banking, financial services, and insurance (BFSI) industries.
Covid-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The industry is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.
Download free sample brochure: https://www.imarcgroup.com/multi-cloud-management-market/requestsample
Global Multi-Cloud Management Market Trends and Drivers:
The market is primarily driven by the rising product adoption in billing, provision, and compliance activities. In addition, the increasing incidences of distributed denial of service (DDoS) attacks across the globe represent another major growth-inducing factor. Multi-cloud management solutions lower the chances of DDoS attacks by securing access to networks, applications, servers, devices, services, and specific transactions within applications. Moreover, the market is further propelled by the widespread availability of cloud services brokerage (CSB) that eases the integration, installation, analytics, reporting, security, risk management, and other services related to multi-cloud management. Other factors, such as the growing inclination toward price-sensitive cloud deployments, the surging need to avoid vendor lock-in, and the rapid expansion of small and medium enterprises (SMEs), are also creating a positive market outlook.
Multi-Cloud Management Market Report Scope
Report Coverage
Details
Market size value in 2021
US$ 6.43 Billion
Market forecast in 2027
US$ 29.23 Billion
Growth Rate
CAGR of 27.50% from 2022 to 2027
Base year for estimation
2021
Historical data
2016-2021
Forecast period
2022-2027
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Component:
Breakup by Deployment Mode:
Breakup by Enterprise Size:
Breakup by Application:
Breakup by Industry Vertical:
Breakup by Region:
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=5277&flag=C
The major players in the market are Accenture plc (NYSE: ACN), BMC Software Inc., CenturyLink (NYSE: LUMN), Cisco Systems Inc., Citrix Systems Inc., Cloudbolt Software Inc., Dell Inc., Flexera, International Business Machines Corporation, Jamcracker Inc., Micro Focus International plc and Vmware Inc.
Browse More Latest Report of IMARC Group:
External Defibrillators Market Report 2022-2027: https://www.imarcgroup.com/external-defibrillators-market
Histology And Cytology Market Report 2022-2027: https://www.imarcgroup.com/histology-cytology-market
Solar Battery Market Report 2022-2027: https://www.imarcgroup.com/solar-battery-market
Whole Slide Imaging Market Report 2022-2027: https://www.imarcgroup.com/whole-slide-imaging-market
Frozen Food Packaging Market Report 2022-2027: https://www.imarcgroup.com/frozen-food-packaging-market
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Media ContactCompany Name: IMARC GroupContact Person: Elena AndersonEmail: Send EmailPhone: +1-631-791-1145Address:30 N Gould St Ste R City: SheridanState: WYCountry: United StatesWebsite: https://www.imarcgroup.com