Multi-Cloud Management Market is Set to Garner Staggering Revenues by 2025

Multi-Cloud management market is growing significantly in enterprises as it provides fast and more reliable services, at lower costs across various platforms. Multi-Cloud management enables to deploy and manage enterprise class applications across the public, private and hybrid clouds. It offers a tools for managing cloud infrastructure which includes provisioning and automation of applications across the public and private platforms. Multi-Cloud management provides enterprises to improve security, reduce the complexities of managing the cloud storage.

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Multi-Cloud Management Market: Drivers and Challenges

The major driver for Multi-Cloud Management is increasing the need for agility and automation, and rising need for effective governance process in enterprises such as auto-provisioning in which enterprise application deployment is faster and done automatically and deployment can be done to one or more clouds.

In contrast to this, the major challenge for Multi-cloud management is its inherent complexity such as different technologies, different services, different interfaces and different terminology. There is currently no standardization of terminology or methodologies across cloud vendors.

Multi-Cloud Management Market: Segmentation

Segmentation on the basis of deployment type:

Public
Private
Hybrid
Segmentation on the basis of Service Type:

Task migration and integration
Professional Services
Cloud automation
Reporting and analytics
Managed Services
Others
Segmentation on the basis of industry:

IT and Telecommunications
Manufacturing
Transportation and Logistics
Defense and Government
BFSI
Healthcare
Retail
Energy and Utilities
Others

Multi-Cloud Management Market: key players

Some of the key players for Multi-Cloud Management Market are Rackspace, Inc., Dell technologies, Inc., Accenture LLC, VMware, Inc., IBM Corporation, Jam cracker, Inc., EC managed SL, Right scale, Inc., Doublehorn, Cliqr Technologies Inc.

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Multi-Cloud Management Market: Regional Overview

Multi-Cloud Management Market is currently dominated by North America due to quick shift from isolated infrastructure to cloud and larger internet penetration rate in this region. Asia Pacific Multi-Cloud Management Market is expected to have the highest growth rate during the forecast period.

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