According to our latest market study on “US Multi-Cloud Management Market Forecast to 2028 – COVID-19 Impact and Country Analysis – by Component, Deployment, Application, and Verticals,” the US multi-cloud management market size is expected to grow from US$ 2,411.5 million in 2022 to US$ 10,741.1 million by 2028. The US multi-cloud management market size is expected to grow at a CAGR of 28.3% from 2022 to 2028.
The multi-cloud management market is segmented by component, deployment, application, verticals, and geography. US multi-cloud management market analysis by component, the market is segmented into solution and service. The solution segment led the multi-cloud management market with a larger multi-cloud management market share in 2021. In terms of deployment, the market is bifurcated into public cloud and private cloud. The public cloud segment led the market with a larger multi-cloud management market share in 2021. US multi-cloud management market analysis by application, the market is segmented into infrastructure and resource management, identity and policy management, compliance management, metering and billing, and provisioning and lifecycle management. The infrastructure and resource management segment led the market with the largest market share in 2021. Based on verticals, the market is segmented into IT & Telecom, BFSI, government, retail & consumer goods, travel & hospitality, healthcare & life science, and others.
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However, adopting multi-cloud management can help avoid such instances among some organizations’ basic needs. Due to the multi-cloud approach, end customers can now switch between several providers, which lessens their reliance on a single supplier. This relative independence encourages customers to haggle with merchants for lower prices. Service level agreements (SLAs) for multi-cloud management services provide data deployment flexibility and permit end users to migrate their workloads to different clouds as needed. End users can also utilize multi-cloud management systems to manage complicated applications across several heterogeneous cloud platforms to benefit from the highest level of independence.
BMC Software, Inc.; Cisco Systems, Inc.; Flexera; International Business Machines Corporation; Micro Focus International plc; Zerto Ltd.; VMware, Inc.; Snow Software, Inc.; UnityOneCloud; and Dynatrace, Inc. are a few key players operating in the US multi-cloud management market. Several other US multi-cloud management market players have also been analyzed during the course of this US multi-cloud management market study.
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