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Middle East & Africa Multi-Cloud Management Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Component (Software and Service), Deployment (Public Cloud and Private Cloud), Application (Infrastructure and Resource Management, Identity and Policy Management, Compliance Management, Metering and Billing, and Provisioning and Lifecycle Management), and Verticals (IT and Telecom, BFSI, Government, Retail and Consumer Goods, Travel and Hospitality, Healthcare and Life Science, and Others)
Market Report I 2023-01-24 I 129 Pages I The Insight Partners
The Middle East & Africa multi-cloud management market is expected to grow from US$ 483.62 million in 2022 to US$ 1,926.76 million by 2028. It is estimated to grow at a CAGR of 25.9% from 2022 to 2028.
Increase in Data Generation and Rise in Bring Your Own Device (BYOD) and Choose Your Own Device (CYOD) Trends is Driving the Middle East & Africa Multi-Cloud Management Market
The massive rise in people working from home, studying, and spending time at home is responsible for the expansion of data. Since data-driven business models will be widely used in the future, companies' main goal will be to secure this data. Storage, computation, and analysis of the generated data will require a large storage space, which can be fulfilled by deploying the data on the cloud. Therefore, the transition by the companies to store data from an on-premises server to the cloud infrastructure will open profitable opportunities for the providers of multi-cloud management systems. Furthermore, the introduction of new platforms, bring your own device (BYOD) and choose your own device (CYOD) trends, business apps, and other technologies would make the IT infrastructure more complex and heterogeneous. Owing to the quick advancements in mobile computing, the BYOD and CYOD trends are spreading throughout business settings. Hence, employees may now access organizational data via mobile devices anytime, increasing employee productivity and ensuring that organizational data is secured and kept confidential.
Middle East & Africa Multi-Cloud Management Market Overview
Governments of various Middle East & African countries and businesses are digitizing at a rapid pace and shifting from on-premises hardware and manual processes to software as a service (SaaS). The use of the cloud in companies across the MEA has been exponentially increasing in recent years. Due to rapid growth of digitization, most sectors across the region can utilize one or more cloud computing methods in their daily operations. Moreover, the rapid adoption of cloud-based technologies such as artificial intelligence, the Internet of Things (IoT), and machine learning is vital for building a thriving digital economy; it is a key priority for the UAE. The increasing deployment of IoT across various industries is anticipated to boost the Middle East & Africa multi-cloud management market growth over the forecast period. Several challenges in cloud adoption, such as data sovereignty regulations, skills gaps, and security, digital technologies, are growing across various industries in the Middle East & Africa. Governments of various MEA countries are providing opportunities for businesses to embrace the benefits offered by cloud-based solutions is expected to accelerate the adoption of cloud-based solutions in the coming years. Thus, such growing adoption of cloud computing and digital technologies is likely to hold potential demand for multi-cloud management, which is expected to fuel the Middle East & Africa multi-cloud management market growth.
Middle East & Africa Multi-cloud management Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Multi-Cloud Management Market Segmentation
The Middle East & Africa multi-cloud management market is segmented into component, deployment, application, verticals, and country.
Based on component, the Middle East & Africa multi-cloud management market is bifurcated into software and service. The software segment held a larger market share in 2022.
Based on deployment, the Middle East & Africa multi-cloud management market is bifurcated into public cloud and private cloud. The public cloud segment held a larger market share in 2022.
Based on application, the Middle East & Africa multi-cloud management market is segmented into infrastructure and resource management, identity and policy management, compliance management, metering and billing, and provisioning and lifecycle management. The infrastructure segment held the largest market share in 2022.
Based on verticals, the Middle East & Africa multi-cloud management market is segmented into IT and telecom, BFSI, government, retail and consumer goods, travel and hospitality, healthcare and life science, and others. The BFSI segment held the largest market share in 2022.
Based on country, the Middle East & Africa multi-cloud management market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. The UAE dominated the market share in 2022.
BMC Software, Inc.; CISCO, INC.; IBM Corporation; VMware, Inc.; Micro Focus; UnityOneCloud; and Dynatrace LLC are the leading companies operating in the Middle East & Africa multi-cloud management market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Research Methodology
3.1.1 Data Collection:
3.1.2 Primary Interviews:
4. MEA Multi-Cloud Management Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. MEA Multi-Cloud Management Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Surge in Need to Avoid Vendor Lock-in
5.1.2 Rise in Demand for Disaster Recovery Solutions
5.2 Market Restraints
5.2.1 Security Concerns Regarding Adoption of Multi-Cloud Solutions
5.3 Market Opportunities
5.3.1 Growing Popularity of Hybrid Cloud
5.3.2 Increase in Data Generation and Rise in Bring Your Own Device (BYOD) and Choose Your Own Device (CYOD) Trends
5.4 Future Trends
5.4.1 Acceptance of Cloud Solutions as Mainstream IT Deployment Option
5.5 Impact Analysis of Drivers and Restraints
6. MEA Multi-Cloud Management Market - Market Analysis
6.1 Overview
6.2 MEA Multi-Cloud Management Market Revenue and Forecast to 2028 (US$ Million)
7. MEA Multi-Cloud Management Market Analysis - By Component
7.1 Overview
7.2 MEA Multi-Cloud Management Market Breakdown, By Component, 2021 & 2028
7.3 Software
7.3.1 Overview
7.3.2 Software Market Revenue and Forecast to 2028 (US$ Million)
7.4 Service
7.4.1 Overview
7.4.2 Service Market Revenue and Forecast to 2028 (US$ Million)
8. MEA Multi-Cloud Management Market Analysis - By Deployment
8.1 Overview
8.2 MEA Multi-Cloud Management Market Breakdown, By Deployment, 2021 & 2028
8.3 Public Cloud
8.3.1 Overview
8.3.2 Public Cloud Market Revenue and Forecast to 2028 (US$ Million)
8.4 Private Cloud
8.4.1 Overview
8.4.2 Private Cloud Market Revenue and Forecast to 2028 (US$ Million)
9. MEA Multi-Cloud Management Market Analysis - By Application
9.1 Overview
9.2 MEA Multi-Cloud Management Market Breakdown, By Application, 2021 & 2028
9.3 Infrastructure and Resource Management
9.3.1 Overview
9.3.2 Infrastructure and Resource Management Market Forecast and Analysis
9.4 Identity and Policy Management
9.4.1 Overview
9.4.2 Identity and Policy Management Market Forecast and Analysis
9.5 Compliance Management
9.5.1 Overview
9.5.2 Compliance Management Market Forecast and Analysis
9.6 Metering and Billing
9.6.1 Overview
9.6.2 Metering and Billing Market Forecast and Analysis
9.7 Provisioning and Lifecycle Management
9.7.1 Overview
9.7.2 Provisioning and Lifecycle Management Market Forecast and Analysis
10. MEA Multi-Cloud Management Market Analysis - By Verticals
10.1 Overview
10.2 MEA Multi-Cloud Management Market Breakdown, By Verticals, 2021 & 2028
10.3 IT and Telecom
10.3.1 Overview
10.3.2 IT and Telecom Market Forecast and Analysis
10.4 BFSI
10.4.1 Overview
10.4.2 BFSI Market Forecast and Analysis
10.5 Government
10.5.1 Overview
10.5.2 Government Market Forecast and Analysis
10.6 Retail and Consumer Goods
10.6.1 Overview
10.6.2 Retail and Consumer Goods Market Forecast and Analysis
10.7 Travel and Hospitality
10.7.1 Overview
10.7.2 Travel and Hospitality Market Forecast and Analysis
10.8 Healthcare and Life Science
10.8.1 Overview
10.8.2 Healthcare and Life Science Market Forecast and Analysis
10.9 Others
10.9.1 Overview
10.9.2 Others Market Forecast and Analysis
11. MEA Multi-Cloud Management Market - Country Analysis
11.1 Overview
11.1.1 MEA Multi-Cloud Management Market Breakdown, By Country
11.1.1.1 UAE Multi-Cloud Management Market, Revenue and Forecast To 2028 (US$ Million)
11.1.1.1.1 UAE Multi-Cloud Management Market Breakdown, By Component
11.1.1.1.2 UAE Multi-Cloud Management Market Breakdown, By Deployment
11.1.1.1.3 UAE Multi-Cloud Management Market Breakdown, By Application
11.1.1.1.4 UAE Multi-Cloud Management Market Breakdown, By Verticals
11.1.1.2 South Africa Multi-Cloud Management Market, Revenue and Forecast To 2028 (US$ Million)
11.1.1.2.1 South Africa Multi-Cloud Management Market Breakdown, by Component
11.1.1.2.2 South Africa Multi-cloud management Market Breakdown, by Deployment
11.1.1.2.3 South Africa Multi-cloud management Market Breakdown, by Application
11.1.1.2.4 South Africa Multi-cloud management Market Breakdown, by Verticals
11.1.1.3 Saudi Arabia Multi-Cloud Management Market, Revenue and Forecast to 2028 (US$ million)
11.1.1.3.1 Saudi Arabia Multi-Cloud Management Market Breakdown, by Component
11.1.1.3.2 Saudi Arabia Multi-Cloud Management Market Breakdown, by Deployment
11.1.1.3.3 Saudi Arabia Multi-Cloud Management Market Breakdown, by Application
11.1.1.3.4 Saudi Arabia Multi-Cloud Management Market Breakdown, by Verticals
11.1.1.4 Rest of MEA Multi-Cloud Management Market, Revenue and Forecast to 2028 (US$ million)
11.1.1.4.1 Rest of MEA Multi-cloud management Market Breakdown, by Component
11.1.1.4.2 Rest of MEA Multi-Cloud Management Market Breakdown, by Deployment
11.1.1.4.3 Rest of MEA Multi-Cloud Management Market Breakdown, by Application
11.1.1.4.4 Rest of MEA Multi-Cloud Management Market Breakdown, by Verticals
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Mergers and Acquisition
12.4 New Product Development
13. Company Profiles
13.1 BMC Software, Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 CISCO, INC.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 IBM Corporation
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 VMware, Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Micro Focus
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 UnityOneCloud
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Dynatrace LLC
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. MEA Multi-Cloud Management Market Revenue and Forecasts to 2028 (US$ Mn)
Table 2. MEA Multi-Cloud Management Market, Revenue and Forecast to 2028 - By Country (US$ million)
Table 3. UAE Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Component (US$ million)
Table 4. UAE Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Deployment (US$ million)
Table 5. UAE Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Application (US$ million)
Table 6. UAE Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Verticals (US$ million)
Table 7. South Africa Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Component (US$ million)
Table 8. South Africa Multi-cloud management Market, Revenue and Forecast to 2028 - by Deployment (US$ million)
Table 9. South Africa Multi-cloud management Market, Revenue and Forecast to 2028 - by Application (US$ million)
Table 10. South Africa Multi-cloud management Market, Revenue and Forecast to 2028 - by Verticals (US$ million)
Table 11. Saudi Arabia Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Component (US$ million)
Table 12. Saudi Arabia Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Deployment (US$ million)
Table 13. Saudi Arabia Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Application (US$ million)
Table 14. Saudi Arabia Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Verticals (US$ million)
Table 15. Rest of MEA Multi-cloud management Market, Revenue and Forecast to 2028 - by Component (US$ million)
Table 16. Rest of MEA Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Deployment (US$ million)
Table 17. Rest of MEA Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Application (US$ million)
Table 18. Rest of MEA Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Verticals (US$ million)
Table 19. Glossary of Term: MEA Multi-Cloud Management Market
LIST OF FIGURES
Figure 1. MEA Multi-Cloud Management Market Segmentation
Figure 2. MEA Multi-Cloud Management Market Segmentation - By Country
Figure 3. MEA multi-cloud management Market Overview
Figure 4. MEA Multi-Cloud Management Market, By Component
Figure 5. MEA Multi-Cloud Management Market, By Country
Figure 6. MEA: PEST Analysis
Figure 7. MEA Multi-Cloud Management Market Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. MEA Multi-Cloud Management Market: Impact Analysis of Drivers and Restraints
Figure 10. MEA Multi-Cloud Management Market Forecast and Analysis, (US$ Mn)
Figure 11. MEA Multi-Cloud Management Market Breakdown, By Component (2021 & 2028)
Figure 12. Software Market Revenue and Forecast to 2028(US$ Million)
Figure 13. Service Market Revenue and Forecast to 2028(US$ Million)
Figure 14. MEA Multi-Cloud Management Market Breakdown, By Deployment (2021 & 2028)
Figure 15. Public Cloud Market Revenue and Forecast to 2028(US$ Million)
Figure 16. Private Cloud Market Revenue and Forecast to 2028(US$ Million)
Figure 17. MEA Multi-Cloud Management Market Breakdown, By Application, 2021 & 2028 (%)
Figure 18. Infrastructure and Resource Management Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Identity and Policy Management Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Compliance Management Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Metering and Billing Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Provisioning and Lifecycle Management Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. MEA Multi-Cloud Management Market Breakdown, By Verticals, 2021 & 2028 (%)
Figure 24. IT and Telecom Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. BFSI Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Government Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. Retail and Consumer Goods Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Travel and Hospitality Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Healthcare and Life Science Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Others Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. MEA Multi-Cloud Management Market, by Key Country - Revenue (2021) (US$ million)
Figure 32. MEA Multi-Cloud Management Market Breakdown, By Country, 2021 & 2028 (%)
Figure 33. UAE Multi-Cloud Management Market, Revenue and Forecast To 2028 (US$ million)
Figure 34. South Africa Multi-Cloud Management Market, Revenue and Forecast To 2028 (US$ million)
Figure 35. Saudi Arabia Multi-Cloud Management Market, Revenue and Forecast To 2028 (US$ million)
Figure 36. Rest of MEA Multi-Cloud Management Market, Revenue and Forecast To 2028 (US$ million)
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