Multi-Cloud Management Market Report by Component (Software, Services), Deployment Mode (Private Cloud, Public Cloud, Hybrid Cloud), Enterprise Size (Small & Medium Enterprise (SME), Large Enterprise), Application (Identity and Policy Management, Compliance Management, Infrastructure and Resource Management, Metering and Billing, Provisioning, Lifecycle Management, and Others), Industry Vertical (BFSI, IT and Telecommunication, Healthcare, Retail and Consumer Goods, Public Sector, Energy and Utilities, and Others), and Region 2024-2032
Market Report I 2024-07-01 I 139 Pages I IMARC Group
The global multi-cloud management market size reached US$ 10.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 78.6 Billion by 2032, exhibiting a growth rate (CAGR) of 24.5% during 2024-2032.
Multi-cloud management allows businesses to monitor, control and secure cloud services, such as metering and policy, access, resource, lifecycle, infrastructure, and identity and access management, offered by different vendors. It relies on various tools and procedures and provides a centralized platform for simplifying and streamlining the management process. Besides this, as it helps minimize the workload on information technology (IT) teams, multi-cloud management solutions are employed in the retail, telecommunications, healthcare, and banking, financial services and insurance (BFSI) industries worldwide.
Multi-Cloud Management Market Trends:
Multi-cloud management solutions find extensive applications in provisioning, billing, compliance. This, in confluence with the rising focus of businesses on automating several processes and consequently improving the overall efficiency, represents one of the key factors impelling the growth of the market. Besides this, business organizations are increasingly concerned about the vendor lock-in problem in cloud computing, which restrains their movement to a different vendor without substantial costs, legal constraints, or technical incompatibilities. As a result, the demand for multi-cloud management solutions is rising across the globe. Moreover, multi-cloud management solutions lower the possibility of a distributed denial of service (DDoS) attack, wherein the attackers disable access to servers, devices, services, networks, applications, and specific transactions within applications. This, along with the growing DDoS attacks around the world, is strengthening the growth of the market. Apart from this, the increasing availability of cloud services brokerage (CSB) that eases the integration, installation, analytics, reporting, security, risk management, and other services associated with multi-cloud management is driving the market. Furthermore, the rapid expansion of small and medium enterprises (SMEs) globally is projected to fuel the growth of the market in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global multi-cloud management market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on component, deployment mode, enterprise size, application and industry vertical.
Breakup by Component:
Software
Services
Security and Risk Management
Training and Consulting
Reporting and Analytics
Cloud Automation
Migration and Integration
Support and Maintenance
Others
Breakup by Deployment Mode:
Private Cloud
Public Cloud
Hybrid Cloud
Breakup by Enterprise Size:
Small & Medium Enterprise (SME)
Large Enterprise
Breakup by Application:
Identity and Policy Management
Compliance Management
Infrastructure and Resource Management
Metering and Billing
Provisioning
Lifecycle Management
Others
Breakup by Industry Vertical:
BFSI
IT and Telecommunication
Healthcare
Retail and Consumer Goods
Public Sector
Energy and Utilities
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Accenture plc, BMC Software Inc., CenturyLink, Cisco Systems Inc., Citrix Systems Inc., Cloudbolt Software Inc., Dell Inc., Flexera, International Business Machines Corporation, Jamcracker Inc., Micro Focus International plc and Vmware Inc.
Key Questions Answered in This Report:
How has the global multi-cloud management market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global multi-cloud management market?
What are the key regional markets?
What is the breakup of the market based on the component?
What is the breakup of the market based on the deployment mode?
What is the breakup of the market based on the enterprise size?
What is the breakup of the market based on the application?
What is the breakup of the market based on the industry vertical?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global multi-cloud management market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Multi-Cloud Management Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Software
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Key Segments
6.2.2.1 Security and Risk Management
6.2.2.2 Training and Consulting
6.2.2.3 Reporting and Analytics
6.2.2.4 Cloud Automation
6.2.2.5 Migration and Integration
6.2.2.6 Support and Maintenance
6.2.2.7 Others
6.2.3 Market Forecast
7 Market Breakup by Deployment Mode
7.1 Private Cloud
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Public Cloud
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Hybrid Cloud
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Enterprise Size
8.1 Small & Medium Enterprise (SME)
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Large Enterprise
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Application
9.1 Identity and Policy Management
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Compliance Management
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Infrastructure and Resource Management
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Metering and Billing
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Provisioning
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Lifecycle Management
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Others
9.7.1 Market Trends
9.7.2 Market Forecast
10 Market Breakup by Industry Vertical
10.1 BFSI
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 IT and Telecommunication
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Healthcare
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Retail and Consumer Goods
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Public Sector
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Energy and Utilities
10.6.1 Market Trends
10.6.2 Market Forecast
10.7 Others
10.7.1 Market Trends
10.7.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Accenture plc
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.1.4 SWOT Analysis
16.3.2 BMC Software Inc.
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 SWOT Analysis
16.3.3 CenturyLink
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Financials
16.3.3.4 SWOT Analysis
16.3.4 Cisco Systems Inc.
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.4.4 SWOT Analysis
16.3.5 Citrix Systems Inc.
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Financials
16.3.5.4 SWOT Analysis
16.3.6 Cloudbolt Software Inc.
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.7 Dell Inc.
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.7.4 SWOT Analysis
16.3.8 Flexera
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 SWOT Analysis
16.3.9 International Business Machines Corporation
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.9.4 SWOT Analysis
16.3.10 Jamcracker Inc.
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.11 Micro Focus International plc
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 Financials
16.3.12 Vmware Inc.
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.12.3 Financials
16.3.12.4 SWOT Analysis
Figure 1: Global: Multi-Cloud Management Market: Major Drivers and Challenges
Figure 2: Global: Multi-Cloud Management Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Multi-Cloud Management Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Multi-Cloud Management Market: Breakup by Component (in %), 2023
Figure 5: Global: Multi-Cloud Management Market: Breakup by Deployment Mode (in %), 2023
Figure 6: Global: Multi-Cloud Management Market: Breakup by Enterprise Size (in %), 2023
Figure 7: Global: Multi-Cloud Management Market: Breakup by Application (in %), 2023
Figure 8: Global: Multi-Cloud Management Market: Breakup by Industry Vertical (in %), 2023
Figure 9: Global: Multi-Cloud Management Market: Breakup by Region (in %), 2023
Figure 10: Global: Multi-Cloud Management (Software) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Multi-Cloud Management (Software) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Multi-Cloud Management (Services) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Multi-Cloud Management (Services) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Multi-Cloud Management (Private Cloud) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Multi-Cloud Management (Private Cloud) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Multi-Cloud Management (Public Cloud) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Multi-Cloud Management (Public Cloud) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Multi-Cloud Management (Hybrid Cloud) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Multi-Cloud Management (Hybrid Cloud) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Multi-Cloud Management (Small & Medium Enterprise) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Multi-Cloud Management (Small & Medium Enterprise) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Multi-Cloud Management (Large Enterprise) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Multi-Cloud Management (Large Enterprise) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Multi-Cloud Management (Identity and Policy Management) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Multi-Cloud Management (Identity and Policy Management) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Multi-Cloud Management (Compliance Management) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Multi-Cloud Management (Compliance Management) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Multi-Cloud Management (Infrastructure and Resource Management) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Multi-Cloud Management (Infrastructure and Resource Management) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Multi-Cloud Management (Metering and Billing) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Multi-Cloud Management (Metering and Billing) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: Multi-Cloud Management (Provisioning) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: Multi-Cloud Management (Provisioning) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Global: Multi-Cloud Management (Lifecycle Management) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Global: Multi-Cloud Management (Lifecycle Management) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Global: Multi-Cloud Management (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Global: Multi-Cloud Management (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Global: Multi-Cloud Management (BFSI) Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Global: Multi-Cloud Management (BFSI) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Global: Multi-Cloud Management (IT and Telecommunication) Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Global: Multi-Cloud Management (IT and Telecommunication) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Global: Multi-Cloud Management (Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Global: Multi-Cloud Management (Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Global: Multi-Cloud Management (Retail and Consumer Goods) Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Global: Multi-Cloud Management (Retail and Consumer Goods) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Global: Multi-Cloud Management (Public Sector) Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Global: Multi-Cloud Management (Public Sector) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Global: Multi-Cloud Management (Energy and Utilities) Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Global: Multi-Cloud Management (Energy and Utilities) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Global: Multi-Cloud Management (Other Industry Verticals) Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Global: Multi-Cloud Management (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: North America: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: North America: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: United States: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: United States: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Canada: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Canada: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Asia-Pacific: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Asia-Pacific: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: China: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: China: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Japan: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Japan: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: India: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: India: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: South Korea: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: South Korea: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Australia: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Australia: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Indonesia: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Indonesia: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Others: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Others: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Europe: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Europe: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Germany: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Germany: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: France: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: France: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: United Kingdom: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 81: United Kingdom: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: Italy: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 83: Italy: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 84: Spain: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 85: Spain: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 86: Russia: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 87: Russia: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 88: Others: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 89: Others: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 90: Latin America: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 91: Latin America: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 92: Brazil: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 93: Brazil: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 94: Mexico: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 95: Mexico: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 96: Others: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 97: Others: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 98: Middle East and Africa: Multi-Cloud Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 99: Middle East and Africa: Multi-Cloud Management Market: Breakup by Country (in %), 2023
Figure 100: Middle East and Africa: Multi-Cloud Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 101: Global: Multi-Cloud Management Industry: SWOT Analysis
Figure 102: Global: Multi-Cloud Management Industry: Value Chain Analysis
Figure 103: Global: Multi-Cloud Management Industry: Porter's Five Forces Analysis
Table 1: Global: Multi-Cloud Management Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Multi-Cloud Management Market Forecast: Breakup by Component (in Million US$), 2024-2032
Table 3: Global: Multi-Cloud Management Market Forecast: Breakup by Deployment Mode (in Million US$), 2024-2032
Table 4: Global: Multi-Cloud Management Market Forecast: Breakup by Enterprise Size (in Million US$), 2024-2032
Table 5: Global: Multi-Cloud Management Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 6: Global: Multi-Cloud Management Market Forecast: Breakup by Industry Vertical (in Million US$), 2024-2032
Table 7: Global: Multi-Cloud Management Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 8: Global: Multi-Cloud Management Market: Competitive Structure
Table 9: Global: Multi-Cloud Management Market: Key Players
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