Multi-Cloud Networking Market By Component (Solution, Services), By Deployment Mode (Public Cloud, Private Cloud), By Enterprise Size (Large Enterprise, Small and Medium Enterprise), By Industry Vertical (BFSI, IT and Telecom, Retail and E-Commerce, Healthcare, Manufacturing, Energy and Utilities, Media and Entertainment, Others): Global Opportunity Analysis and Industry Forecast, 2022-2031
Multi-cloud networking is the practice of using cloud services from multiple, heterogeneous providers. This includes public cloud providers like AWS, Google Cloud Platform, or Microsoft Azure, as well as specialized platform-as-a-service, infrastructure-as-a-service or software-as-a-service providers. Multi-cloud is not the same as hybrid cloud, which blends the use of private and public cloud environments. Rather, multi-cloud takes a mixed approach, using the best services from various providers to create a custom solution for an organization’s specific needs. This approach allows organizations to take advantage of the latest innovations from each vendor while avoiding vendor lock-in and ensuring maximum flexibility. Multi-cloud networking can be complex, but it provides a powerful way to build a custom, scalable and highly-available cloud infrastructure.
Factors such as increase in adoption of multi-cloud networking solutions and services and rise in demand for data recovery along with contingency planning are driving the multi-cloud networking market growth during the forecast period. Moreover, increase in adoption of cloud computing and rise in internet penetration boost the growth of the market. However, concerns associated with data security and privacy protection and lack of technical expertise in multi-cloud networking are restraining the market growth. On the contrary, surge in demand for cloud-based networking solutions and rise in number of SMEs are projected to provide major lucrative opportunities for the growth of the multi-cloud networking market.
The multi-cloud networking market is segmented on the basis of component, deployment mode, enterprise size, and industry vertical. By component, it is segmented into solution and services. On the basis of deployment mode, the market is segmented into private cloud and public cloud. By enterprise size, it is bifurcated into larger enterprise and small & medium enterprise. By industry vertical, it is segmented into BFSI, IT & telecom, retail & e-commerce, healthcare, manufacturing, media & entertainment, energy & utilities, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The report analyzes the profiles of key players operating in the multi-cloud networking market such as Akamai Technologies, Cisco Systems, Inc., Citrix Systems, Inc., Cloudflare, Inc., F5, Inc., Hewlett Packard Enterprise Development LP, Juniper Networks, Inc., Nutanix, Oracle, and VMware, Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the multi-cloud networking market share.
Key benefits for stakeholdersThe study provides an in-depth analysis of the global multi-cloud networking market along with the current trends and future estimations to elucidate the imminent investment pockets.
Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report.
Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the global multi-cloud networking market for the period 2021–2031 is provided to determine the market potential.
Technology Trend Analysis
Strategic Recommedations
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Historic market data
Key Market SegmentsBy ComponentSolution
Services
By Enterprise SizeLarge Enterprise
Small and Medium Enterprise
By Deployment ModePublic Cloud
Private Cloud
By Industry VerticalBFSI
IT and Telecom
Retail and E-Commerce
Healthcare
Manufacturing
Energy and Utilities
Media and Entertainment
Others
By RegionNorth America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market PlayersJuniper Networks, Inc.
VMware, Inc.
Cisco Systems, Inc.
Oracle
Nutanix
Cloudflare, Inc.
F5, Inc.
akamai technologies
Citrix Systems, Inc.
Hewlett Packard Enterprise Development LP
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