Multi-Cloud Management Market Advanced Technology and New Innovations by 2023 - BMC Software, VMWare, IBM, Accenture

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. These management software & services reduce complexities of dealing with multiple clouds and offer enterprises an abstraction layer, also known as a single plane of glass which enables users to have a single user interface & a set of APIs to perform common tasks. Such tasks include auto-scaling, provisioning storage, computing, data movement, and management.

Major Key Players of the Multi-Cloud Management Market are:
BMC Software, VMWare, IBM, Accenture, CenturyLink, Cisco, Rightscale, Cloudyn, Jamcracker, and Citrix

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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 global multi-cloud management market is segmented based on component, deployment model, application, industry vertical, and region. As per component, the market is bifurcated into software and services. Services segment is further categorized into security and risk management, training and consulting, reporting and analytics, cloud automation, migration and integration, support and maintenance, and others. Based on deployment model, the market is divided into private, public, and hybrid cloud. As per application, multi-cloud management market size is segregated into identity and policy management, compliance management, infrastructure and resource management, metering and billing, provisioning, lifecycle management, and others. Industry vertical segment is studied across banking, financial services, and insurance, IT & telecommunication, healthcare, retail and consumer goods, public sector, energy & utilities, and other industry verticals. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Major Types of Multi-Cloud Management Market covered are:
Private Cloud
Public Cloud
Hybrid Cloud

Major Applications of Multi-Cloud Management Market covered are:
Identity and Policy Management
Compliance Management
Infrastructure and Resource Management
Metering and Billing
Provisioning
Lifecycle Management
Others

Research objectives:-

- To study and analyze the global Multi-Cloud Management consumption (value & volume) by key regions/countries, product type and application, history data.
- To understand the structure of the Multi-Cloud Management market by identifying its various sub-segments.
- Focuses on the key global Multi-Cloud Management manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
- To analyze the Multi-Cloud Management with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Multi-Cloud Management Market Size
2.2 Multi-Cloud Management Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Multi-Cloud Management Market Size by Manufacturers
3.2 Multi-Cloud Management Key Players Head office and Area Served
3.3 Key Players Multi-Cloud Management Product/Solution/Service
3.4 Date of Enter into Multi-Cloud Management Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Multi-Cloud Management Sales by Product
4.2 Global Multi-Cloud Management Revenue by Product
4.3 Multi-Cloud Management Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Multi-Cloud Management Breakdown Data by End User

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In the end, Multi-Cloud Management industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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