The global multi-cloud management market size is estimated to reach $56.02 billion by 2030, growing at a CAGR of 28.0% from 2023 to 2030. The strong emphasis organizations are putting 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 a 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.
Independent Software Vendors (ISVs) increasingly rely on virtualization and the cloud as they gradually evolve from software developers to software providers. Cloud-based infrastructure guarantees greater scale, service customization, and flexibility. At this juncture, Cloud Service Providers (CSPs) are also trying aggressively to make a foray into the multi-cloud management industry by adopting, managing, and supporting several cloud products simultaneously. Foraying into the industry would allow CSPs to offer adequate flexibility to ISVs in selecting cloud services according to their changing needs. Concerns over vendor lock-in have discouraged organizations from opting for cloud services. Vendor lock-in can disrupt business operations and force organizations to compromise on performance.
However, organizations have realized that a vendor lock-in situation can be avoided by opting for multiple cloud platforms rather than relying on a single cloud vendor. As a result, single-cloud customers are increasingly adopting multi-cloud management solutions. Advances in technology and the higher levels of flexibility offered by the latest cloud computing technologies are expected to drive industry growth over the forecast period. As such, industry players pursue various strategies, such as product differentiation, launching new products, mergers & acquisitions, and strategic partnerships and collaborations to increase their industry share, cement their position in the market, and expand their business.
For instance, in April 2022, Citrix Systems, Inc. collaborated with Microsoft Corp. to develop a technique for offering an interactive, high-definition experience on various devices. With the help of the Citrix Desktop as a Service (DaaS), IT managers can provide an improved work experience on Cloud PCs by integrating Windows 365 with Citrix Systems’ high-definition user interface technology and ecosystem flexibility. Moreover, employees can seamlessly migrate to Citrix Systems clients through windows365.microsoft.com. Citrix Systems and Microsoft users can have simple access to applications and data.
Independent Software Vendors (ISVs) increasingly rely on virtualization and the cloud as they gradually evolve from software developers to software providers. Cloud-based infrastructure guarantees greater scale, service customization, and flexibility. At this juncture, Cloud Service Providers (CSPs) are also trying aggressively to make a foray into the multi-cloud management industry by adopting, managing, and supporting several cloud products simultaneously. Foraying into the industry would allow CSPs to offer adequate flexibility to ISVs in selecting cloud services according to their changing needs. Concerns over vendor lock-in have discouraged organizations from opting for cloud services. Vendor lock-in can disrupt business operations and force organizations to compromise on performance.
However, organizations have realized that a vendor lock-in situation can be avoided by opting for multiple cloud platforms rather than relying on a single cloud vendor. As a result, single-cloud customers are increasingly adopting multi-cloud management solutions. Advances in technology and the higher levels of flexibility offered by the latest cloud computing technologies are expected to drive industry growth over the forecast period. As such, industry players pursue various strategies, such as product differentiation, launching new products, mergers & acquisitions, and strategic partnerships and collaborations to increase their industry share, cement their position in the market, and expand their business.
For instance, in April 2022, Citrix Systems, Inc. collaborated with Microsoft Corp. to develop a technique for offering an interactive, high-definition experience on various devices. With the help of the Citrix Desktop as a Service (DaaS), IT managers can provide an improved work experience on Cloud PCs by integrating Windows 365 with Citrix Systems’ high-definition user interface technology and ecosystem flexibility. Moreover, employees can seamlessly migrate to Citrix Systems clients through windows365.microsoft.com. Citrix Systems and Microsoft users can have simple access to applications and data.
Multi-cloud Management Market Report Highlights
- The managed services segment is expected to witness significant growth over the forecast period. Managed services allow the users of various cloud platforms, such as AWS, Google Cloud Platform, and Azure, to boost scalability, reduce expenses, and add more agility to their application architecture
- The small & medium enterprise segment is expected to register the highest CAGR from 2023 to 2030. While SMEs are scouting for business-driven tools and solutions, the increasing number of service providers foraying into the industry offers SMEs several options to choose from, thereby driving the segment’s growth
- Manufacturing is anticipated to emerge as the fastest-growing segment over the forecast period. Multi-cloud management allows manufacturing entities to distribute their workload across multiple clouds and opt for various deployment models, such as IaaS, PaaS, and SaaS, depending on the application and data
- Asia Pacific is anticipated to emerge as the fastest-growing region over the forecast period owing to the continued adoption of cloud-based solutions and growing preference for the latest technologies, such as IoT and edge computing
Table of Contents
Chapter 1 Methodology and Scope1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2 Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3 Multi-Cloud Management Industry Outlook
3.1 Market Lineage Outlook
3.2 Multi-Cloud Management Market - Value Chain Analysis
3.3 Multi-Cloud Management Market - Market Dynamics
3.3.1 Market driver analysis
3.3.1.1 Prevention of vendor lock-ins
3.3.1.2 Expanding technological array in cloud computing technology
3.3.2. Market opportunity analysis
3.3.2.1 Prevention of vendor lock-ins
3.3.3 Market challenge analysis
3.3.3.1 Transformation of cloud-based services
3.4 Market Analysis Tools
3.4.1 Multi-Cloud Management Market - Porter’s Five Forces Analysis
3.4.2 Multi-Cloud Management Market - PESTEL analysis
Chapter 4 Multi-Cloud Management Solution Outlook
4.1 Multi-Cloud Management Market Share By Solution, 2022 & 2030
4.2 Security & Risk Management
4.2.1 Multi-cloud management security & risk management solution market, 2018 - 2030
4.3 Training & Consulting
4.3.1 Multi-cloud management training & consulting solution market, 2018 - 2030
4.4 Reporting & Analytics
4.4.1 Multi-cloud management reporting & analytics solution market, 2018 - 2030
4.5 Cloud Automation
4.5.1 Multi-cloud management cloud automation solution market, 2018 - 2030
4.6 Managed Services
4.6.1 Multi-cloud management managed services solution market, 2018 - 2030
4.7 Others
4.7.1 Multi-cloud management in other solutions, 2018 - 2030
Chapter 5 Multi-Cloud Management Enterprise Size Outlook
5.1 Multi-Cloud Management Market Share By Enterprise Size, 2022 & 2030
5.2 Small & Medium Enterprise
5.2.1 Multi-cloud management market in small & medium enterprise, 2018 - 2030
5.3 Large Enterprise
5.3.1 Multi-cloud management market in large enterprise, 2018 - 2030
Chapter 6 Multi-Cloud Management End-use Outlook
6.1 Multi-Cloud Management Market Share By Application, 2022 & 2030
6.2 BFSI
6.2.1 Multi-cloud management market in BFSI, 2018 - 2030
6.3 IT & Telecom
6.3.1 Multi-cloud management market in IT & telecom, 2018 - 2030
6.4 Consumer Goods & Retail
6.4.1 Multi-cloud management market in consumer goods & retail, 2018 - 2030
6.5 Manufacturing
6.5.1 Multi-cloud management market in manufacturing, 2018 - 2030
6.6 Healthcare
6.6.1 Multi-cloud management market in healthcare, by region, 2018 - 2030
6.7 Media & Entertainment
6.7.1 Multi-cloud management market in media & entertainment, by region, 2018 - 2030
6.8 Government
6.8.1 Multi-cloud management market in government, by region, 2018 - 2030
6.9 Others
6.9.1 Multi-cloud management market in other end-uses, 2018 - 2030
Chapter 7 Multi-Cloud Management Regional Outlook
7.1 Multi-Cloud Management Market Share By Region, 2022 & 2030
7.2 North America
7.2.1 North America multi-cloud management market, by solution, 2018 - 2030
7.2.2 North America multi-cloud management market, by enterprise size, 2018 - 2030
7.2.3 North America multi-cloud management market, by end-use, 2018 - 2030
7.2.4 U.S.
7.2.4.1 U.S. multi-cloud management market, by solution,2018 - 2030
7.2.4.2 U.S. multi-cloud management market, by enterprise size, 2018 - 2030
7.2.4.3 U.S. multi-cloud management market, by end-use, 2018 - 2030
7.2.5 Canada
7.2.5.1 Canada multi-cloud management market, by solution, 2018 - 2030
7.2.5.2 Canada multi-cloud management market, by enterprise size, 2018 - 2030
7.2.5.3 Canada multi-cloud management market, by end-use, 2018 - 2030
7.3 Europe
7.3.1 Europe multi-cloud management market, by solution, 2018 - 2030
7.3.2 Europe multi-cloud management market, by enterprise size, 2018 - 2030
7.3.3 Europe multi-cloud management market, by end-use, 2018 - 2030
7.3.4 Germany
7.3.4.1 Germany multi-cloud management market, by solution, 2018 - 2030
7.3.4.2 Germany multi-cloud management market, by enterprise size, 2018 - 2030
7.3.4.3 Germany multi-cloud management market, by end-use, 2018 - 2030
7.3.5 U.K.
7.3.5.1 U.K. multi-cloud management market, by solution, 2018 - 2030
7.3.5.2 U.K. multi-cloud management market, by enterprise size, 2018 - 2030
7.3.5.3 U.K. multi-cloud management market, by end-use, 2018 - 2030
7.4 Asia Pacific
7.4.1 Asia Pacific multi-cloud management market, by solution, 2018 - 2030
7.4.2 Asia Pacific multi-cloud management market, by enterprise size, 2018 - 2030
7.4.3 Asia Pacific multi-cloud management market, by end-use, 2018 - 2030
7.4.4 China
7.4.4.1 China multi-cloud management market, by solution, 2018 - 2030
7.4.4.2 China multi-cloud management market, by enterprise size, 2018 - 2030
7.4.4.3 China multi-cloud management market, by end-use, 2018 - 2030
7.4.5 Japan
7.4.5.1 Japan multi-cloud management market, by solution, 2018 - 2030
7.4.5.2 Japan multi-cloud management market, by enterprise size, 2018 - 2030
7.4.5.3 Japan multi-cloud management market, by end-use, 2018 - 2030
7.4.6 India
7.4.6.1 India multi-cloud management market, by solution, 2018 - 2030
7.4.6.2 India multi-cloud management market, by enterprise size, 2018 - 2030
7.4.6.3 India multi-cloud management market, by end-use, 2018 - 2030
7.5 Latin America
7.5.1 Latin America multi-cloud management market, by solution, 2018 - 2030
7.5.2 Latin America multi-cloud management market, by enterprise size, 2018 - 2030
7.5.3 Latin America multi-cloud management market, by end-use, 2018 - 2030
7.5.4 Brazil
7.5.4.1 Brazil multi-cloud management market, by solution, 2018 - 2030
7.5.4.2 Brazil multi-cloud management market, by enterprise size, 2018 - 2030
7.5.4.3 Brazil multi-cloud management market, by end-use, 2018 - 2030
7.6 Middle East and Africa
7.6.1 Middle East and Africa multi-cloud management market, by solution, 2018 - 2030
7.6.2 Middle East and Africa multi-cloud management market, by enterprise size, 2018 - 2030
7.6.3 Middle East and Africa multi-cloud management market, by end-use, 2018 - 2030
Chapter 8 Competitive Landscape
8.1. Company Categorization
8.2. Company Market Positioning
8.3. Company Ranking Analysis, 2022
8.4. Strategy Mapping
8.5. Company Listing (Overview, Financials, Product Portfolio)
8.5.1 BMC Software, Inc.
8.5.2 CloudBolt Software, Inc.
8.5.3 Citrix Systems Inc.
8.5.4 CoreStack
8.5.5 Dell Technologies Inc.
8.5.6 Flexera Software LLC
8.5.7 International Business Machines Corporation
8.5.8 Jamcracker Inc.
8.5.9 Microsoft Corporation
8.5.10 Trianz
8.5.11 VMware Inc.
List of Tables
Table 1 Multi-Cloud Management - Industry snapshot and key buying criteria, 2018 - 2030
TABLE 2 Global multi-cloud management market, 2018 - 2030 (USD Million)
TABLE 3 Global multi-cloud management market, by region, 2018 - 2030 (USD Million)
TABLE 4 Global multi-cloud management market, by solution, 2018 - 2030 (USD Million)
TABLE 6 Global multi-cloud management market, by enterprise size, 2018 - 2030 (USD Million)
TABLE 7 Global multi-cloud management market, by end-use, 2018 - 2030 (USD Million)
TABLE 8 Vendor Landscape
TABLE 9 Key regulations affecting multi-cloud management market:
TABLE 10 Multi-cloud management - Key market driver impact
TABLE 11 Multi-cloud management - Key market challenge impact
TABLE 12 List of key vendors
TABLE 13 Product benchmarking
TABLE 14 Multi-cloud management security & risk management solution market, 2018 - 2030 (USD Million)
TABLE 15 Multi-cloud management security & risk management solution market, by region, 2018 - 2030 (USD Million)
TABLE 16 Multi-cloud management training & consulting solution market, 2018 - 2030 (USD Million)
TABLE 17 Multi-cloud management training & consulting solution market, by region, 2018 - 2030 (USD Million)
TABLE 18 Multi-cloud management reporting & analytics solution market, 2018 - 2030 (USD Million)
TABLE 19 Multi-cloud management reporting & analytics solution market, by region, 2018 - 2030 (USD Million)
TABLE 20 Multi-cloud management cloud automation solution market, 2018 - 2030 (USD Million)
TABLE 21 Multi-cloud management cloud automation solution market, by region, 2018 - 2030 (USD Million)
TABLE 22 Multi-cloud management managed services solution market, 2018 - 2030 (USD Million)
TABLE 23 Multi-cloud management managed services solution market, by region, 2018 - 2030 (USD Million)
TABLE 24 Multi-cloud management in other solutions, 2018 - 2030 (USD Million)
TABLE 25 Multi-cloud management in other solutions, by region, 2018 - 2030 (USD Million)
TABLE 26 Multi-cloud management market in small & medium enterprise, 2018 - 2030 (USD Million)
TABLE 27 Multi-cloud management market in small & medium enterprise, by region, 2018 - 2030 (USD Million)
TABLE 28 Multi-cloud management market in large enterprise, 2018 - 2030 (USD Million)
TABLE 29 Multi-cloud management market in large enterprise, by region, 2018 - 2030 (USD Million)
TABLE 30 Multi-cloud management market in BFSI, 2018 - 2030 (USD Million)
TABLE 31 Multi-cloud management market in BFSI, by region, 2018 - 2030 (USD Million)
TABLE 32 Multi-cloud management market in IT & telecom, 2018 - 2030 (USD Million)
TABLE 33 Multi-cloud management market in IT & telecom, by region, 2018 - 2030 (USD Million)
TABLE 34 Multi-cloud management market in consumer goods & retail, 2018 - 2030 (USD Million)
TABLE 35 Multi-cloud management market in consumer goods & retail, by region, 2018 - 2030 (USD Million)
TABLE 36 Multi-cloud management market in manufacturing, 2018 - 2030 (USD Million)
TABLE 37 Multi-cloud management market in manufacturing, by region, 2018 - 2030 (USD Million)
TABLE 38 Multi-cloud management market in healthcare, 2018 - 2030 (USD Million)
TABLE 39 Multi-cloud management market in healthcare, by region, 2018 - 2030 (USD Million)
TABLE 40 Multi-cloud management market in media & entertainment, by region, 2018 - 2030 (USD Million)
TABLE 41 Multi-cloud management market in media & entertainment, 2018 - 2030 (USD Million)
TABLE 42 Multi-cloud management market in government, 2018 - 2030 (USD Million)
TABLE 43 Multi-cloud management market in government, 2018 - 2030 (USD Million)
TABLE 44 Multi-cloud management market in other end-uses, 2018 - 2030 (USD Million)
TABLE 45 Multi-cloud management market in other end-uses, by region, 2018 - 2030 (USD Million)
TABLE 46 North America multi-cloud management market, 2018 - 2030 (USD Million)
TABLE 47 North America multi-cloud management market, by solution, 2018 - 2030 (USD Million)
TABLE 48 North America multi-cloud management market, by enterprise size, 2018 - 2030 (USD Million)
TABLE 49 North America multi-cloud management market, by end-use, 2018 - 2030 (USD Million)
TABLE 50 U.S. multi-cloud management market, 2018 - 2030 (USD Million)
TABLE 51 U.S. multi-cloud management market, by solution, 2018 - 2030 (USD Million)
TABLE 52 U.S. multi-cloud management market, by enterprise size, 2018 - 2030 (USD Million)
TABLE 53 U.S. multi-cloud management market, by end-use, 2018 - 2030 (USD Million)
TABLE 54 Canada multi-cloud management market, 2018 - 2030 (USD Million)
TABLE 55 Canada multi-cloud management market, by solution, 2018 - 2030 (USD Million)
TABLE 56 Canada multi-cloud management market, by enterprise size, 2018 - 2030 (USD Million)
TABLE 57 Canada multi-cloud management market, by end-use, 2018 - 2030 (USD Million)
TABLE 58 Europe multi-cloud management market, 2018 - 2030 (USD Million)
TABLE 59 Europe multi-cloud management market, by solution, 2018 - 2030 (USD Million)
TABLE 60 Europe multi-cloud management market, by enterprise size, 2018 - 2030 (USD Million)
TABLE 61 Europe multi-cloud management market, by end-use, 2018 - 2030 (USD Million)
TABLE 62 Germany multi-cloud management market, 2018 - 2030 (USD Million)
TABLE 63 Germany multi-cloud management market, by solution, 2018 - 2030 (USD Million)
TABLE 64 Germany multi-cloud management market, by enterprise size, 2018 - 2030 (USD Million)
TABLE 65 Germany multi-cloud management market, by end-use, 2018 - 2030 (USD Million)
TABLE 66 U.K. multi-cloud management market, 2018 - 2030 (USD Million)
TABLE 67 U.K. multi-cloud management market, by solution, 2018 - 2030 (USD Million)
TABLE 68 U.K. multi-cloud management market, by enterprise size, 2018 - 2030 (USD Million)
TABLE 69 U.K. multi-cloud management market, by end-use, 2018 - 2030 (USD Million)
TABLE 70 Asia Pacific multi-cloud management market, 2018 - 2030 (USD Million)
TABLE 71 Asia Pacific multi-cloud management market, by solution, 2018 - 2030 (USD Million)
TABLE 72 Asia Pacific multi-cloud management market, by enterprise size, 2018 - 2030 (USD Million)
TABLE 73 Asia Pacific multi-cloud management market, by end-use, 2018 - 2030 (USD Million)
TABLE 74 China multi-cloud management market, 2018 - 2030 (USD Million)
TABLE 75 China multi-cloud management market, by solution, 2018 - 2030 (USD Million)
TABLE 76 China multi-cloud management market, by enterprise size, 2018 - 2030 (USD Million)
TABLE 77 China multi-cloud management market, by end-use, 2018 - 2030 (USD Million)
TABLE 78 India multi-cloud management market, 2018 - 2030 (USD Million)
TABLE 79 India multi-cloud management market, by solution, 2018 - 2030 (USD Million)
TABLE 80 India multi-cloud management market, by enterprise size, 2018 - 2030 (USD Million)
TABLE 81 India multi-cloud management market, by end-use, 2018 - 2030 (USD Million)
TABLE 82 Japan multi-cloud management market, 2018 - 2030 (USD Million)
TABLE 83 Japan multi-cloud management market, by solution, 2018 - 2030 (USD Million)
TABLE 84 Japan multi-cloud management market, by enterprise size, 2018 - 2030 (USD Million)
TABLE 85 Japan multi-cloud management market, by end-use, 2018 - 2030 (USD Million)
TABLE 86 Latin America multi-cloud management market, 2018 - 2030 (USD Million)
TABLE 87 Latin America multi-cloud management market, by solution, 2018 - 2030 (USD Million)
TABLE 88 Latin America multi-cloud management market, by enterprise size, 2018 - 2030 (USD Million)
TABLE 89 Latin America multi-cloud management market, by end-use, 2018 - 2030 (USD Million)
TABLE 90 Brazil multi-cloud management market, 2018 - 2030 (USD Million)
TABLE 91 Brazil multi-cloud management market, by solution, 2018 - 2030 (USD Million)
TABLE 92 Brazil multi-cloud management market, by enterprise size, 2018 - 2030 (USD Million)
TABLE 93 Brazil multi-cloud management market, by end-use, 2018 - 2030 (USD Million)
TABLE 94 Middle East and Africa multi-cloud management market, 2018 - 2030 (USD Million)
TABLE 95 Middle East and Africa multi-cloud management market, by solution, 2018 - 2030 (USD Million)
TABLE 96 Middle East and Africa multi-cloud management market, by enterprise size, 2018 - 2030 (USD Million)
TABLE 97 Middle East and Africa multi-cloud management market, by end-use, 2018 - 2030 (USD Million)
List of Figures
Fig. 1 Multi-cloud management market segmentation
FIG. 2 Multi-cloud management value chain analysis
FIG. 3 Multi-cloud management market dynamics
FIG. 4 Key opportunities prioritized
FIG. 5 Multi-cloud management - Porter’s Five Forces analysis
FIG. 6 Multi-cloud management product benchmarking
FIG. 7 Multi-cloud management PESTEL analysis
FIG. 8 Multi-cloud management market share by solution, 2022 & 2030
FIG. 9 Multi-cloud management market share by enterprise size, 2022 & 2030
FIG. 10 Multi-cloud management market share by end-use, 2022 & 2030
FIG. 11 Multi-cloud management market share by region, 2022 & 2030
Companies Mentioned
- BMC Software, Inc.
- CloudBolt Software, Inc.
- Citrix Systems Inc.
- CoreStack
- Dell Technologies Inc.
- Flexera Software LLC
- International Business Machines Corporation
- Jamcracker Inc.
- Microsoft Corporation
- Trianz
- VMware Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 120 |
| Published | February 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 8.03 Billion |
| Forecasted Market Value ( USD | $ 56.02 Billion |
| Compound Annual Growth Rate | 28.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
