Multi-cloud is the use of two or more cloud computing systems at the same time in a sole heterogenous architecture. The deployment model used can be of private, public, or hybrid type or combination of any two or more. It is basically combination of best-suited solutions and services from different cloud vendors, which cater to the needs of an organization at the optimum level. It offers redundancy in case of system failure; offers multiple options of services, applications, & workloads of individuals without conceding on one-size-fits-all solutions; minimizes risk of potential downtime, bandwidth problems, & outage issues; improves geo-presence of an organization; reduces costs; and avoids vendor lock-in. Multi-cloud management platforms or tools help enterprises to manage involved clouds as if they are a single entity.
New York, NY -- (SBWIRE) -- 10/14/2020 -- The primary factors that drive the growth in multi-cloud management market are uncertainty about single cloud reliability and growth in need to avoid vendor lock-ins. Other factors that fuel the growth include increase in need of process automation, growth in inclination of organizations toward price-sensitive cloud deployments, and rise in need of regulatory compliances from regulatory bodies for data sovereignty. However, difficulty in management of multi-cloud system, lack of expertise available to handle multi-cloud management system, and the need to check compliance as different vendors are involved hamper the adoption of multi-cloud management systems. Nonetheless, considerable growth in adoption of hybrid & public cloud, availability of cloud brokerage services, and forward integration among independent service providers to offer SaaS services is expected to offer significant growth opportunities for multi-cloud management solution providers during the forecast period.
The Market Growth Insight delivers well-researched industry-wide information on the Multi-Cloud Management market. It provides information on the market's essential aspects such as top participants, factors driving Multi-Cloud Management market growth, precise estimation of the Multi-Cloud Management market size, upcoming trends, changes in consumer behavioural pattern, market's competitive landscape, key market vendors, and other market features to gain an in-depth analysis of the market. Additionally, the report is a compilation of both qualitative and quantitative assessment by industry experts, as well as industry participants across the value chain. The report also focuses on the latest developments that can enhance the performance of various market segments.
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Competitive Spectrum of the Multi-Cloud Management Market Encompasses Companies such as: BMC Software, VMWare, IBM, Accenture, CenturyLink, Cisco, Rightscale, Cloudyn, Jamcracker, and Citrix.
Multi-Cloud Management Market by Component
- Software
- Services
- Security and Risk Management
- Training and Consulting
- Reporting and Analytics
- Cloud Automation
- Migration and Integration
- Support and Maintenance
- Others
Multi-Cloud Management Market Deployment Model
- Private Cloud
- Public Cloud
- Hybrid Cloud
Multi-Cloud Management Market Application
- Identity and Policy Management
- Compliance Management
- Infrastructure and Resource Management
- Metering and Billing
- Provisioning
- Lifecycle Management
- Others
Multi-Cloud Management Market Industry Vertical
- Banking, Financial Services, and Insurance
- IT & Telecommunication
- Healthcare
- Retail and Consumer Goods
- Public Sector
- Energy and Utilities
- Others
COVID-19, the disease it causes, surfaced in late 2020, and now had become a full-blown crisis worldwide. Over fifty key countries had declared a national emergency to combat corona virus. With cases spreading, and the epicentre of the outbreak shifting to Europe, North America, India and Latin America, life in these regions has been upended the way it had been in Asia earlier in the developing crisis. As the corona virus pandemic has worsened, the entertainment industry has been upended along with most every other facet of life. As experts work toward a better understanding, the world shudders in fear of the unknown, a worry that has rocked global financial markets, leading to daily volatility in the U.S. stock markets.
Key Target Stakeholders Covered in Study:
==> Multi-Cloud Management Manufacturers
==> Global Multi-Cloud Management Distributors/Traders/Wholesalers
==> Multi-Cloud Management Component / Raw Material Producers
==> Downstream Vendors
Multi-Cloud Management Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America
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The analysis objectives of the report are:
- To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
- To know the Multi-Cloud Management Market by pinpointing its many sub segments.
- To profile the important players and analyze their growth plans.
- To endeavour the amount and value of the Multi-Cloud Management Market sub-markets, depending on key regions (various vital states).
- To analyze the Global Multi-Cloud Management Market concerning growth trends, prospects and also their participation in the entire sector.
- To examine and study the Global Multi-Cloud Management Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions to 2025.
- Primary worldwide Global Multi-Cloud Management Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
- To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.
Key points from Table of Content:
Chapter 1 Introduction
Chapter 2 Key takeaways
Chapter 3. Multi-Cloud Management Market landscape
Chapter 4. Multi-Cloud Management Market Key industry dynamics
Chapter 5.Multi-Cloud Management Market – global market analysis
Chapter 6. Multi-Cloud Management Market revenue and forecasts to 2025 – installation type
Chapter 7. Multi-Cloud Management Market revenue and forecasts to 2025 – end-user
Chapter 8. Multi-Cloud Management Market revenue and forecasts to 2025 – geographical analysis
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