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Multi Cloud Networking Market Size 2022 Global Trend, Share, Segmentation, Business Growth, Top Key Players Analysis Industry, Opportunities and Forecast to 2030

05-11-2023 08:04 PM CET | IT, New Media & Software

Press release from: Emergen Research

Multi Cloud Networking Market | Emergen Research

Multi Cloud Networking Market | Emergen Research

According to the most recent report by Emergen Research, the multi-cloud networking market is predicted to grow at a revenue CAGR of 23.1% over the forecast period, reaching a value of USD 2.28 billion in 2021. One area of the cloud computing market that is expanding quickly is multi-cloud networking. In order to improve the security, scalability, and dependability of cloud-based applications and services, several cloud computing services from various cloud providers are used. Due to the rising popularity of cloud computing and the demand for a more adaptable and scalable networking infrastructure, the industry has experienced rapid expansion in recent years.

The growing usage of cloud computing services by businesses of all sizes is one of the key factors driving the Multi-Cloud Networking Market. Businesses need a networking infrastructure that can offer seamless connectivity between various cloud services and platforms as more and more companies shift their applications and data to the cloud. This is where Multi-Cloud Networking comes in, providing a unified networking solution that helps organizations to manage their cloud resources more efficiently.

The expanding need for cloud-based services that are more dependable and secure is another factor driving the multi-cloud networking market. Businesses must make sure that their cloud-based apps and services are safeguarded against potential security breaches given the sophistication and frequency of cyberattacks. In order to secure cloud-based applications and data, multi-cloud networking offers improved security features including multi-factor authentication, encryption, and intrusion detection and prevention systems.

Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @https://www.emergenresearch.com/request-sample/1423

The Multi-Cloud Networking Market is not without its difficulties, though. The lack of standardization in cloud networking is one of the main issues. It can be challenging for businesses to manage and integrate their cloud resources since different cloud providers employ various networking protocols. Additionally, managing various cloud providers' complexity can be difficult because it calls for specialised knowledge and abilities.

The expansion of the Multi-Cloud Networking Market is also being significantly fueled by governmental organisations. The National Institute of Standards and Technology (NIST), for instance, has produced recommendations for cloud computing security and interoperability, which offer a foundation for creating safe and interoperable cloud-based systems. To help ensure the security and dependability of cloud-based services, the Cloud Security Alliance (CSA) has created a certification programme for cloud service providers.

Major Companies and Competitive Landscape:

Some major companies in the market report include Cloudflare, Oracle Corporation, F5, Nutanix, VMWARE, Cisco Systems, HPE, Versa Networks, Illumio, and Juniper Networks.

Cisco is one of the leading players in the Multi-Cloud Networking Market, with a comprehensive portfolio of networking and cloud computing solutions. The company offers a range of cloud networking solutions, including Cisco Multi-Cloud Fabric, which provides a unified networking solution for hybrid and multi-cloud environments.

VMware is another major player in the Multi-Cloud Networking Market, offering a range of cloud networking and security solutions. The company's flagship product, NSX, provides a software-defined networking solution for hybrid and multi-cloud environments, enabling organizations to automate and simplify their network operations.

Juniper Networks is also a key player in the Multi-Cloud Networking Market, offering a range of networking and security solutions for multi-cloud environments. The company's Contrail platform provides a comprehensive networking solution for hybrid and multi-cloud environments, enabling organizations to manage their cloud resources more efficiently.

Other notable players in the Multi-Cloud Networking Market include Microsoft, Google, Amazon Web Services (AWS), and IBM. Microsoft offers a range of cloud networking and security solutions, including Azure Virtual WAN, which provides a software-defined networking solution for multi-cloud environments. Google offers a range of networking solutions for multi-cloud environments, including Google Cloud Interconnect, which provides a secure and reliable connection between Google Cloud and other cloud providers.

AWS offers a range of networking and security solutions for hybrid and multi-cloud environments, including AWS Transit Gateway, which provides a centralized hub for managing connectivity between multiple cloud environments. IBM offers a range of networking and security solutions for multi-cloud environments, including IBM Cloud Private, which provides a comprehensive platform for managing and deploying cloud-based applications and services.

Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now) @https://www.emergenresearch.com/request-discount/1423

Segmentation Insights for Multi Cloud Networking Market Report:

The Multi-Cloud Networking Market has been segmented by Emergen Research based on four key factors, including component, organization size, end-use, and region. In terms of component, the market has been divided into services and solutions, with revenue projections for both categories from 2019 to 2030 presented in USD billions.

The market has also been segmented by organization size, with revenue projections for small and medium-sized enterprises (SMEs) and large enterprises provided for the same time period. This segmentation acknowledges the differing needs of businesses based on their size and resources.

The Multi-Cloud Networking Market has also been divided by end-use, with revenue projections provided for the banking, financial services, and insurance (BFSI) sector, IT and telecommunications, retail and e-commerce, and other industries. This segmentation acknowledges the diverse range of industries that are increasingly relying on multi-cloud solutions for their networking needs.

Lastly, the report provides a regional outlook for the global Multi-Cloud Networking Market, which includes North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The report highlights several countries within each region, such as the U.S., Canada, Germany, the U.K., China, India, Brazil, and Saudi Arabia, among others.

Browse Full Report Description + Research Methodology + Table of Content + Infographics@https://www.emergenresearch.com/industry-report/multi-cloud-networking-market

Eric Lee
Corporate Sales Specialist
14671 110 Avenue, Surrey, British Columbia, V3R2A9
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions.

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