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Multi Cloud Management Market by Application
[October 12, 2016]

Multi Cloud Management Market by Application


Need for avoidance of vendor lock-ins, increased agility and automation, and the right level of governance is expected to drive the overall market The multi-cloud management market size is estimated to grow from USD 939.3 million in 2016 to USD 3,431.2 million by 2021, at a Compound Annual Growth Rate (CAGR) of 29.6% due to the need for avoidance of vendor lock-ins, increased agility and automation, and the right level of governance. However, application portability on various cloud environments is the major restraint in the overall growth of the market.



Task migration and integration is expected to be the largest service market during the forecast period The applications of task migration and integration services is segmented into project management, storage management, and performance management. The migration and integration services are segmented on the basis of deployment models into private cloud, public cloud, and hybrid cloud. The deployment models are also chosen by the enterprises depending on the nature of data to be migrated and size and business requirement, which further enables the enterprises to enhance business agility, flexibility, safety, reliability, and interoperability as well as reduce cost.

Asia-Pacific is projected to witness the highest growth during the forecast period North America is expected to hold the largest market share and dominate the multi-cloud management market in 2016, due to the larger internet penetration rate and quick shift from isolated infrastructure to cloud in the region. Asia-Pacific (APAC) is expected to grow at the highest rate during this forecast period. Furthermore, APAC is expected to be another revenue generating market. Growing acceptance of cloud-based solutions, emerging technologies like Internet of Things (IoT) as well as big data, and mobility are the major drivers in this region.


In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key industry personnel. The break-up of profiles of primary discussion participants is given below.

• By Company Type: Tier-1: 11%, Tier-2: 11%, and Tier-3: 78% companies • By Designation: C-level: 67%, Director Level: 11%, and Others: 22% • By Region: North America: 56%, Europe: 11%, APAC: 22%, and Rest of the World: 11% The list of multi-cloud management vendors profiled in the report is as follows: 1. Rightscale Inc. (California, U.S.) 2. Dell Technologies Inc. (Texas, U.S.) 3. DoubleHorn LLC (Texas, U.S.) 4. Jamcracker Inc. (California, U.S.) 5. Neverfail LLC (Texas, U.S.) 6. Rackspace Hosting Inc. (Texas, U.S.) 7. ECmanaged SL (Barcelona, Spain) 8. CliQr Technologies Inc. (California, U.S.) 9. VMware Inc. (California, U.S.) 10. Accenture PLC. (Dublin, Ireland) For more information kindly visit : https://www.bharatbook.com/information-technology-market-research-reports-788846/multi-cloud-management-application-service-type-region-global-forecast.html

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