Multi-cloud Management Market helps to Deploy, Operate, and Manage App Services and IT Infrastructure: Radiant Insights

November 21 17:58 2017

“Radiant Insights – Market Research and Consulting”
Global Multi-Cloud Management market analyzes and researches the Multi-Cloud Management development status and forecast in United States, EU, Japan, China, India and Southeast Asia.

According to a research report made available by Radiant Insights, Inc.; the global multi-cloud management market is expected to have a rapid expansion during the forecast period (from 2017 to 2022).Multi-cloud management involves usage of multiple cloud computing services that manage different private, public, or hybrid cloud platforms and all the user resources, thereby optimizing data management. This allows end users to concentrate on running the application with all other resources managed in one place. This service is like using best-of-breed apps from many developers on a PC, instead of defaults provided by the operating system (OS) vendor.

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The multi-cloud management solutions and services are expected to witness high demand on account of the growing penetration of cloud computing and associated technologies, such as big data, server less architecture, and Internet of Things (IoT).On the other hand, factors such as the lack of expertise and security along with complexities in re-designing network are likely to hinder the market expansion during the next few years. However, factors such as rising demand for automation and agility, avoidance of vendor lock-ins, and the need for an advanced and effective governance process and other policies in various organizations are expected to augment the demand for multi-cloud management over the forecast period.

The global multi-cloud management market is categorized as per type, region, and application or enduser. Based on type, the market is trifurcated into cloud automation, migration and integration. Cloud automation is a cloud management service offered by the vendors to organizations for automating the cloud service management. Based on application, the market is bifurcated into infrastructure & resource management and metering &billing.

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Based on region, the multi-cloud management market is divided into Europe, United States, Japan, China, India, and Southeast Asia. The US regional market is projected to account for a significant share of global market in near future. This growth can be attributed to factors such as availability of proficient technical expertise, highly developed IT infrastructure, regulation standards, and strong presence of a large number of enterprises.

The Southeast Asia region is also anticipated to witness rapid growth as a result of rising awareness about the use of this technology over cloud computing. Rising adoption of cloud-based services and solutions along with emerging technologies like IoT and Big Data are expected to be the key driving factors for regional growth.

Some of the prominent companies operating in the worldwide multi-cloud management  market include Jamcracker, Inc.; Accenture PLC; BMC Software, Inc.; Dell Technologies, Inc.; and CliQr Technologies, Inc. New product development has been the key strategy followed by most companies in the market to sustain the strong competition. For instance, VMware, Inc. recently launched an advanced, comprehensive multi-cloud management platform called vRealize Suite 2017. The new platform is designed to help its users to deploy, operate, and manage app services and IT infrastructure across public and private clouds. The new suite incorporates the latest releases of vRealize Automation, Business for Cloud, Log Insight, and Operations. It also features new lifecycle management abilities to support data center modernization and cloud integration efforts of users.

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About Radiant Insights, Inc

Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake.

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