Multi-Cloud Management Market Forecast, Trend, Analysis and Competition Tracking – Global Market Insights 2022 to 2030
The global multi-cloud management market size is expected to be worth around US$ 40.75 billion by 2030, according to a new report by Vision Research Reports.
The global multi-cloud management market size was valued at US$ 6.9 billion in 2020 and is anticipated to grow at a CAGR of 27.3% during forecast period 2021 to 2030.
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Report Coverage
| Report Scope | Details |
| Market Size | US$ 40.75 Bn by 2030 |
| Growth Rate | CAGR of 27.3% From 2021 to 2030 |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Type, enterprise size, end-use |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | BMC Software, Inc.; Citrix Systems Inc.; CloudBolt Software, Inc.; CoreStack; Dell Technologies Inc.; Flexera Software LLC; International Business Machines Corporation; Jamcracker Inc.; Microsoft Corporation; VMware Inc |
Growth Factors
The strong emphasis of organizations on automation and efficiency, and subsequently, on having effective governance processes in place, is expected to drive the adoption of multi-cloud management solutions over the forecast period. Growing concerns over the reliability of single cloud are also anticipated to play a decisive role in driving the adoption of multi-cloud management solutions. However, concerns over data security and privacy protection coupled with the hardships encountered in redesigning the network for cloud-based infrastructure can restrain the growth of the market.
The growing emphasis on automation, efficiency, and effective organizational governance processes is expected to drive the growth of the market over the forecast period. Enterprises are aggressively opting for multi-cloud management solutions to ensure efficient and more reliable services at lower prices across a variety of platforms while avoiding a vendor lock-in situation. The rising versatility of cloud computing technologies and the growing adoption of containerization and micro-services for cloud-native applications also bode well for the growth of the market.
By Solution Analysis
The cloud automation segment accounted for the largest market share of over 28% in 2020. Companies are increasingly opting for automation to help them in managing various private, public, and hybrid cloud environments with limited human resources.
Hardships in governance stemming from a multi-cloud approach are also prompting businesses to opt for cloud automation to ease the management of their public, private, and hybrid cloud systems.
The adoption of cloud automation is also expected to gain traction as organizations are opting for analytics services, along with other services, to support cloud solutions.Moreover, any increase in ML capabilities to analyze more contingent data can also potentially benefit cloud automation significantly
By Enterprise Size Analysis
The large enterprise segment accounted for the largest market share of over 59% in 2020. A multi-cloud strategy allows businesses to choose from a variety of cloud services and opt for those suiting their specific requirements.
Multi-cloud allows businesses to utilize a variety of cloud technologies for a variety of applications. With a multi-cloud approach, large organizations can easily distribute their heavy workloads selectively across several computing infrastructures.
By End-use Analysis
The BFSI segment accounted for the largest market share of over 26% in 2020. Banking organizations are particularly opting for cloud-based installations to enhance operational efficiency and ensure prompt services for their customers.
Incumbents of the BFSI industry are incorporating both public and private cloud platforms in their workflows and utilizing multi-cloud management solutions to address the complexities associated with handling large volumes of data and to avoid a vendor lock-in situation.
By Regional Analysis
North America dominated the market in 2020 with a revenue share of over 36%. In North America, the cloud services market is witnessing a rapid transition from isolated cloud solutions to platforms combining onsite, public, and private IaaS.
Europe emerged as the second-largest regional market. Apart from a strong economy, Europe is also known for its robust connectivity infrastructure, which is typically driving the adoption of cloud services.
Asia Pacific is emerging as the third-largest regional market driven by the growing adoption of cloud-based solutions and integration of new technologies, such as IoT and edge computing.
Key Players
- BMC Software, Inc.
- Citrix Systems Inc.
- CloudBolt Software, Inc.
- CoreStack
- Dell Technologies Inc.
- Flexera Software LLC
- International Business Machines Corporation
- Jamcracker Inc.
- Microsoft Corporation
- VMware Inc.
Market Segmentation
- Solution Type
- Security & Risk Management
- Training & Consulting
- Reporting & Analytics
- Cloud Automation
- Managed Services
- Others
- Enterprise Size
- Small & Medium Enterprise (SME)
- Large Enterprise
- End-use
- BFSI
- IT & Telecom
- Consumer Goods & Retail
- Manufacturing
- Healthcare
- Media & Entertainment
- Government
- Others
- Regional
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- Middle East & Africa
- North America
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Reasons to Purchase this Report:
– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Multi-Cloud Management Market, By Solution Type
7.1. Multi-Cloud Management Market, by Solution Type, 2021-2030
7.1.1. Security & Risk Management
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Training & Consulting
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Reporting & Analytics
7.1.3.1. Market Revenue and Forecast (2017-2030)
7.1.4. Cloud Automation
7.1.4.1. Market Revenue and Forecast (2017-2030)
7.1.5. Managed Services
7.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Multi-Cloud Management Market, By Enterprise Size
8.1. Multi-Cloud Management Market, by Enterprise Size, 2021-2030
8.1.1. Small & Medium Enterprise (SME)
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Large Enterprise
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Multi-Cloud Management Market, By End User
9.1. Multi-Cloud Management Market, by End User, 2021-2030
9.1.1. BFSI
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. IT & Telecom
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Consumer Goods & Retail
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Manufacturing
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Healthcare
9.1.5.1. Market Revenue and Forecast (2017-2030)
9.1.6. Media & Entertainment
9.1.6.1. Market Revenue and Forecast (2017-2030)
9.1.7. Government
9.1.7.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Multi-Cloud Management Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Solution Type (2017-2030)
10.1.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)
10.1.3. Market Revenue and Forecast, by End User (2017-2030)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Solution Type (2017-2030)
10.1.4.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)
10.1.4.3. Market Revenue and Forecast, by End User (2017-2030)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Solution Type (2017-2030)
10.1.5.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)
10.1.5.3. Market Revenue and Forecast, by End User (2017-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Solution Type (2017-2030)
10.2.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)
10.2.3. Market Revenue and Forecast, by End User (2017-2030)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Solution Type (2017-2030)
10.2.4.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)
10.2.4.3. Market Revenue and Forecast, by End User (2017-2030)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Solution Type (2017-2030)
10.2.5.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)
10.2.5.3. Market Revenue and Forecast, by End User (2017-2030)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Solution Type (2017-2030)
10.2.6.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)
10.2.6.3. Market Revenue and Forecast, by End User (2017-2030)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Solution Type (2017-2030)
10.2.7.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)
10.2.7.3. Market Revenue and Forecast, by End User (2017-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Solution Type (2017-2030)
10.3.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)
10.3.3. Market Revenue and Forecast, by End User (2017-2030)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Solution Type (2017-2030)
10.3.4.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)
10.3.4.3. Market Revenue and Forecast, by End User (2017-2030)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Solution Type (2017-2030)
10.3.5.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)
10.3.5.3. Market Revenue and Forecast, by End User (2017-2030)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Solution Type (2017-2030)
10.3.6.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)
10.3.6.3. Market Revenue and Forecast, by End User (2017-2030)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Solution Type (2017-2030)
10.3.7.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)
10.3.7.3. Market Revenue and Forecast, by End User (2017-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Solution Type (2017-2030)
10.4.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)
10.4.3. Market Revenue and Forecast, by End User (2017-2030)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Solution Type (2017-2030)
10.4.4.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)
10.4.4.3. Market Revenue and Forecast, by End User (2017-2030)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Solution Type (2017-2030)
10.4.5.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)
10.4.5.3. Market Revenue and Forecast, by End User (2017-2030)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Solution Type (2017-2030)
10.4.6.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)
10.4.6.3. Market Revenue and Forecast, by End User (2017-2030)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Solution Type (2017-2030)
10.4.7.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)
10.4.7.3. Market Revenue and Forecast, by End User (2017-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Solution Type (2017-2030)
10.5.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)
10.5.3. Market Revenue and Forecast, by End User (2017-2030)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Solution Type (2017-2030)
10.5.4.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)
10.5.4.3. Market Revenue and Forecast, by End User (2017-2030)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Solution Type (2017-2030)
10.5.5.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)
10.5.5.3. Market Revenue and Forecast, by End User (2017-2030)
Chapter 11. Company Profiles
11.1. BMC Software, Inc.
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Citrix Systems Inc.
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. CloudBolt Software, Inc.
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. CoreStack
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Dell Technologies Inc.
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Flexera Software LLC
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. International Business Machines Corporation
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Jamcracker Inc.
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Microsoft Corporation
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. VMware Inc.
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
Glossary of Terms
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