Multi-Cloud Management Market Analysis By Size, Share, Trend, Future Growth Forecast 2027 | TechSci Research

According to TechSci Research, Global multi-cloud management market is expected to grow at a significant CAGR during the forecast period. Growing implementation of multi cloud management solutions by enterprises across the globe is one of the key factors due to which the market is anticipated to rev up during the forecast years. Moreover, ambiguity about single cloud reliability is positively impacting the growth of market during the forecast period. Furthermore, adoption of micro-services for cloud native applications is expected to bolster the growth of market over the next few years. However, lack of security might act as major impediment to the growth of global multi-cloud management market in the years to come.

The global multi-cloud management market is segmented based on platform, service type, deployment mode, application, end user, company, and region. Based on platform, the market can be categorized into internal brokerage enablement and external brokerage enablement. Out of which, the external brokerage enablement segment is expected to grow at the highest CAGR during the forecast period which can be attributed to the expanding marketspace for cloud brokers across the world.

In terms of application, the market is fragmented into metering & billing, provisioning, infrastructure & resource management, identity & policy management, lifecycle management & others. Among them, the lifecycle management segment is estimated to dominate the market in the next five years as it helps the enterprises to manage the lifecycle of cloud-ready products to offer state-of-the-art IaaS, PaaS, and SaaS services.

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The major players operating in the multi-cloud management market are BMC Software, Inc., CenturyLink Inc., Accenture PLC, VMware Inc., DoubleHorn Communications LLC, Flexera Software LLC, CliQr Technologies, Inc., Cloudyn Software Ltd., Dell Technologies Inc., Jamcracker Inc., IBM Corp., Citrix Systems Inc., and others. The key market players are adopting some several competitive strategies such as mergers & acquisitions, collaborations, partnership, agreements in order to expand their geographic reach and to increase their customer basis.

Objective of the Study:

• To analyze and estimate the market size of global multi-cloud management market from 2017 to 2021.
• To estimate and forecast the market size of global multi-cloud management market from 2022 to 2027 and growth rate until 2027.
• To classify and forecast global multi-cloud management market based on platform, service type, deployment mode, application, end user, company and regional distribution.
• To identify dominant region or segment in the global multi-cloud management market.
• To identify drivers and challenges for global multi-cloud management market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global multi-cloud management market.
• To conduct pricing analysis for global multi-cloud management market.
• To identify and analyze the profile of leading players operating in global multi-cloud management market.
• To identify key sustainable strategies adopted by market players in global multi-cloud management market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers and presence of all major players across the globe.

TechSci Research calculated the market size of global multi-cloud management market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Multi-cloud management service provider
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to multi-cloud management

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global multi-cloud management market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Global Multi-Cloud Management Market, By Platform:
  • Internal Brokerage Enablement
  • External Brokerage Enablement
• Global Multi-Cloud Management Market, By Service Type:
  • Cloud Automation
  • Data Security & Risk Management
  • Migration & Integration
  • Reporting & Analytics
  • Monitoring & Access Management
  • Training & Consulting
  • Support & Maintenance
  • Others
• Global Multi-Cloud Management Market, By Deployment Mode:
  • Public Cloud
  • Private Cloud
  • Hybrid Cloud
• Global Multi-Cloud Management Market, By Application:
  • Metering & Billing
  • Provisioning
  • Infrastructure & Resource Management
  • Identity & Policy Management
  • Lifecycle Management
  • Others
• Global Multi-Cloud Management Market, By End User:
  • BFSI
  • Healthcare & Life Science
  • Telecommunication & IT Enabled Services
  • Travel & Hospitality
  • Retail & Consumer Goods
  • Media & Entertainment
  • Government & Public Sector
  • Others
• Global Multi-Cloud Management Market, By Region:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
  • South America
    • Brazil
    • Argentina
    • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global multi-cloud management market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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