Global Multi-Cloud Management Market Research Report Forecast (2024-2030)

1. Multi-Cloud Management Market 2024-2030 sales@marknteladvisors.com Swipe +1 628 895 8081, +91 120 4278433 www.marknteladvisors.com

2. Market Insights The Global Multi-Cloud Management Market size is estimated to grow at a CAGR of around 27.76% during the forecast period, i.e., 2024-30. The market growth imputes the need for enhanced flexibility & resilience across businesses. Organizations globally are increasingly recognizing the importance of avoiding vendor lock-in and ensuring business continuity by distributing workloads across multiple cloud service providers. Moreover, security concerns also contribute to the rising demand for multi-cloud management. This is due to the growing vulnerability of data assets to breaches & cyber thefts. Thus, organizations are keenly seeking to mitigate cyber risks by dispersing their data & applications across different cloud environments. Swipe

3. Market Driver Growing Propensity to Avoid Vendor Lock-in & Enhance Business Flexibility to Fuel Market Demand As businesses around the world are increasingly adopting cloud computing, they face the risk of vendor lock-in, where reliance on a single cloud provider limits flexibility & increases costs. Therefore, organizations are seeking possible options to mitigate this risk and ensure they are not bound to a single provider's pricing model. Also, as multi-cloud platforms & services allow them to leverage the strengths of different providers, optimizing performance and reducing dependency on any single vendor effectively, its adoption is on the rise across the business units seeking better scalability & flexibility. Swipe

4. Market Segmentation By Component (Security & Risk Management, Reporting & Analytics, Cloud Automation, Training & Consulting, Managed Services, Others) By Deployment Mode (Public Cloud, Private Cloud, Hybrid Cloud) By Organization Size (Large Enterprises, Small & Medium Enterprises) By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific) Swipe

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