The report “Multi-Cloud Management Market by Application (Provisioning, Metering and Billing), Service Type (Cloud Automation, Compliance Management), Platform, Deployment Model, Organization Size, Industry Vertical, and Region – Global Forecast to 2021″, The multi-cloud management market size is expected 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% during the forecast period.
The major drivers of this market include need for avoidance of vendor lock-ins, increased agility & automation, and achieving the right level of governance.
Request Sample Pages – http://www.marketsandmarkets.com/requestsample.asp?id=18600020
Browse 70 market data Tables and 45 Figures spread through 142 Pages and in-depth TOC on “Multi-Cloud Management Market”
Early buyers will receive 10% customization on this report.
Cloud automation is expected to be the most promising service during the forecast period
On the basis of service type, cloud automation is projected to grow at the highest CAGR during the forecast period. Cloud automation is considerably important and enterprises are using this service to accelerate the deployment of application-based services across different cloud delivery platforms and traditional IT infrastructure. The service orchestrates the provisioning and deployment of complex IT services and offers rapid deployment, increased staff efficiency, reduced cost of maintenance, and improved responsiveness to end users.
The BFSI industry is expected to hold the major market size during the forecast period
BFSI commands the major share of the multi-cloud management industry vertical market. The BFSI industry is concerned about data security and privacy issues, and hence this industry vertical is greatly benefitted by the security features through security tools that come with multi-cloud services and solutions.
Presently, North America contributes the maximum market share in the multi-cloud management market
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. 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.
The major vendors covered in the multi-cloud management market for the study are Rightscale, Inc., Dell Technologies, Inc., DoubleHorn, LLC., Jamcracker, Inc., Neverfail, LLC., Rackspace Hosting, Inc., ECmanaged SL, CliQr Technologies, Inc., VMware, Inc., and Accenture PLC.
Speak to Analyst – http://www.marketsandmarkets.com/speaktoanalyst.asp?id=18600020
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Company Name: MarketsandMarkets
Contact Person: Mr. Rohan
Email: Send Email
Address:701 Pike Street, Suite 2175
Country: United States