Press release
South & Central America Multi-Cloud Management Market Scenario & Prominent Key Players Analysis 2022 to 2028
The South & Central America multi-cloud management market is expected to grow from US$ 271.65 million in 2022 to US$ 908.46 million by 2028. It is estimated to grow at a CAGR of 22.3% from 2022 to 2028.The report includes an executive summary, regional economic outlook, and summary sections which provide a consistent analysis of the South & Central America Multi-Cloud Management Market 2022 - 2028. in addition, the report within the market overview section outlines PLC analysis and PESTLE analysis to provide a thorough analysis of the market. The overview section details Porter's 5 forces analysis that helps to reveal a possible situation of the market by revealing a competitive situation with respect to the South & Central America Multi-Cloud Management Market.
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Key players dominating the South & Central America multi-cloud management market are BMC Software, Inc.; CISCO, INC.; IBM Corporation; VMware, Inc.; Micro Focus; UnityOneCloud; and Dynatrace LLC; among others.
• In 2022, BMC announced that the company has entered in a multi-year agreement to provide its BMC Helix service and operations management solutions to Google Cloud.
The leading players of the South & Central America Multi-Cloud Management industry, their market share, product portfolio, company profiles are covered during this report. Key market players are analyzed on the basis of production volume, gross margin, market value, and price structure. The competitive market scenario among South & Central America Multi-Cloud Management players will help the industry aspirants in planning their strategies. The statistics presented in this report are an accurate and helpful guide to shaping your business growth.
Dedicated private clouds, various public clouds for applications and data, and on-premises resources can all be included in hybrid cloud technology models. Over the years, it has been estimated that the adoption rates of hybrid cloud methods will increase further. More businesses will adopt multi-cloud environments to disperse their burden as they continue their cloud migration and digital transformation. For instance, 82% of major businesses have chosen a hybrid cloud architecture, and 92% of organizations either have a multi-cloud strategy or are currently developing one.
According to Faction, a leading multi-cloud data services provider company, organizations use 2.6 public clouds and 2.7 private clouds on average. The cloud infrastructure offers advantages such as failover capabilities for greater redundancy and disaster recovery, avoiding vendor lock-in, and using pay-as-you-go models. Organizations now have more control over where and how their data is stored. While utilizing the scalable computing capability of the cloud, businesses may choose to preserve sensitive information on on-premises servers for security or compliance reasons. Thus, the high adoption of hybrid cloud by enterprises will create more opportunities for multi-cloud management solution providers in the near future.
On the contrary, security concerns regarding adoption of multi-cloud solutions hurdles the growth of South & Central America multi-cloud management market.
Based on component, the South & Central America multi-cloud management market is bifurcated into software and service. The software segment held 71.9% market share in 2022, amassing US$ 195.24 million. It is projected to garner US$ 659.05 million by 2028 to expand at 22.5% CAGR during 2022-2028.
Based on deployment, the South & Central America multi-cloud management market is bifurcated into public cloud and private cloud. The public cloud segment held 78.3% market share in 2022, amassing US$ 212.73 million. It is projected to garner US$ 700.38 million by 2028 to expand at 25.6% CAGR during 2022-2028.
Based on application, the South & Central America multi-cloud management market is segmented into infrastructure and resource management, identity and policy management, compliance management, metering and billing, and provisioning and lifecycle management. The infrastructure segment held 49.1% market share in 2022, amassing US$ 133.39 million. It is projected to garner US$ 460.39 million by 2028 to expand at 22.9% CAGR during 2022-2028.
Based on verticals, the South & Central America multi-cloud management market is segmented into IT and telecom, BFSI, government, retail and consumer goods, travel and hospitality, healthcare and life science, and others. The BFSI segment held 34.7% market share in 2022, amassing US$ 94.35 million. It is projected to garner US$ 332.19 million by 2028 to expand at 23.3% CAGR during 2022-2028.
Based on country, the South & Central America multi-cloud management market is segmented into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 67.6% market share in 2022. It was assessed at US$ 183.63 million in 2022 and is likely to hit US$ 627.50 million by 2028, exhibiting a CAGR of 22.7% during the forecast period.
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This analysis report also presents practical and practical case studies to help you get a clearer understanding of the subject. This analysis report has been prepared through industry analysis techniques and presented in a professional manner by including effective information graphics whenever necessary. It helps ensure business stability and rapid development to achieve notable remarks within the South & Central America Multi-Cloud Management market.
Table of Contents: South & Central America Multi-Cloud Management Market 2022 - 2028
Chapter 1: Overview of South & Central America Multi-Cloud Management
Chapter 2: Regional Market Status and Forecast by Regions
Chapter 3: Regional Market Status and Forecast by Types
Chapter 4: Regional Market Status and Forecast by Downstream Industry
Chapter 5: Market driving correlational analysis
Chapter 6: Market competition status by major makers
Chapter 7: Major manufacturer's introduction and market data
Chapter 8: Upstream and downstream market analysis
Chapter 9: Cost and gross margin analysis
Chapter 10: Marketing status analysis
Chapter 11: Market report conclusion
Chapter 12: Research methodology and reference
Note: This report may be customized to suit your requirements. Get in touch with our sales team so you can get a report tailored to your needs.
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Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
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