About Multi Cloud Management
Multi Cloud Management are a comprehensive set of tools and solutions which allow firms to efficiently manage or monitor their operations across multiple clouds. This allows a single window of monitoring and management multi-clouds. It leads to streamlining of the processes, decrease of strain on the IT operations of the firm, better cost management and increased efficiency as well as better visibility on real time data. The adoption of multi cloud management solutions also helps in workflow automation and extended cloud analysing capabilities. Geographically, North America is the largest player which is expected to remain so in the coming decade.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM Corporation (United States), Accenture Plc(Ireland), CenturyLink (United States), Cisco Systems, Inc. (United States), Dell Technologies (United States), BMC Software (United States), Cloudmore (Sweden), VMware (United States), Citrix (United States) and Cloudyn (Israel) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Sixsq (Switzerland), F5, Inc. (United States) and Turbonomic (United States).
Segmentation Overview
AMA Research has segmented the market of Global Multi Cloud Management market by , Application (Metering and Billing, Provisioning, Compliance Management, Infrastructure and Resource Management, Identity and Policy Management, Lifecycle Management and Others) and Region.
On the basis of geography, the market of Multi Cloud Management has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. BFSI will boost the Multi Cloud Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform , the sub-segment i.e. Internal Brokerage Enablement will boost the Multi Cloud Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment , the sub-segment i.e. Public Cloud will boost the Multi Cloud Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Hybrid Cloud is Rising in Popularity
Market Growth Drivers:
Increasing Adoption of Cloud Computing and Growing Internet Penetration
Challenges:
Lack of Required IT Expertise in Cloud Computing in Developing Countries and High Cost of Initial Setup
Restraints:
Concerns Associated with Data Security in Public Clouds
Opportunities:
Back Door Office Operations Present Huge Potential Opportunities for SaaS base Businesses
Market Leaders and their expansionary development strategies
In 2021, F5, Inc., a US based application delivery networking company has announced acquisition of Volterra, which is a start-up specialising in multi cloud management. The acquisition deal was made in around USD 500 million. F5 looks to create an advanced SaaS based solution to encounter their customers Adaptive Applications and other multi model reality problems faced by enterprises.
In 2021, IBM Corporation, the global computing giant, which has recently enhanced its focus on cloud computing and artificial intelligence has announced completion of acquisition of Taos, which is providing innovative offerings in cloud professional and managed services. The acquisition will help IBM develop better solutions for its customers in hybrid cloud platform and mutli cloud management space.
Key Target Audience
Multi Cloud Management Developers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Analysts and Strategic Business Planners and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.