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Multi-Cloud Management Market Trends

Report ID: GMI4507
Published Date: Aug 2023
Report Format: PDF

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Multi-Cloud Management Market Trends

As multi-cloud environments become more complex, there's a growing need for intelligent automation and optimization solutions. AI and machine learning technologies can be utilized to analyze usage patterns, performance metrics, and cost data across multiple clouds. This data-driven approach enables organizations to automate workload placement, resource scaling, and cost optimization decisions based on real-time insights. AI-powered multi-cloud management platforms could help businesses streamline operations, reduce costs, and enhance overall performance, which could drive the multi-cloud management business in the coming years.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of multi-cloud management reached USD 8.6 billion in 2022 and is set to grow at over 25% CAGR from 2023 to 2032, says this GMI report.

Public cloud deployment held over 41% of the market share in 2022, due to the inherent scalability, accessibility, and cost-efficiency of this deployment model.

The cloud automation segment accounted for 24.81% of the market share in 2022, owing to rapidly increasing demand for multi-cloud management in cloud automation applications due to its ability to streamline complex workflows and enhance operational efficiency.

IBM, CloudBolt, Navisite, Cisco, Citrix, Rackspace, Microsoft, Lumen, Snow Software, DoubleHorn, Accenture, Dell, BMC Software, Flexera.