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US Multi-Cloud Management Market Forecast to 2028 – COVID-19 Impact and Country Analysis – by Component (Software and Service), Deployment (Public Cloud and Private Cloud), Application (Infrastructure and Resource Management, Identity and Policy Management, Compliance Management, Metering and Billing, and Provisioning and Lifecycle Management), and Verticals (IT & Telecom, BFSI, Government, Retail & Consumer Goods, Travel & Hospitality, Healthcare & Life Science, and Others)

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.

According to most big data experts, the amount of data generated in the US is expected to increase dramatically during the forecast period. Seagate’s Data Age 2025 report estimates that the amount of data generated globally will reach 175 zettabytes by 2025. The massive rise in people working, studying, and spending time at home is responsible for the mounting data. Since data-driven business models will be widely used in the future, the companies’ main goal will be to secure this data. To store, compute, and analyze the data generated will require a large storage space which can be fulfilled by deploying the data on the cloud. Therefore, the transition by the companies to store data from on-premises servers to the cloud infrastructure will open profitable opportunities for the providers of multi-cloud management systems.

Furthermore, introducing new platforms, business apps, trends, such as bring-your-own-device (BYOD) and choose-your-own-device (CYOD), and other technologies are likely to make the IT infrastructure more complex and heterogeneous in the coming years. Due to quick advancements in mobile computing, BYOD and CYOD trends are spreading throughout business settings. Hence, employees may now access organizational data via mobile devices anytime, increasing productivity, and ensuring that organizational data is secured and kept confidential.

In 2022, according to statistics from World Backup Day, 10% of computers are infected by viruses each month, and 30% of people never back up their data. Moreover, mishaps, such as staff members erasing data that was not backup elsewhere, account for 29% of disasters. Ransomware is another problem that has grown over the past few years. Getting crucial operating data locked up can be disastrous if one cannot access recent backups kept in a different location. According to the 2019 threats report from McAfee Labs, there were 118% more ransomware assaults in the first 3 months of that year compared to the same period in 2018.

New malware are continuously being identified. The risk of cyberattacks exists for all businesses, including large, small, and medium-sized ones. Data breaches in the first half of 2018 were 140% more frequent than they were at the same time in 2017, according to Gemalto (a digital security business). After a service outage, disaster recovery is an organization’s procedure to restart regular operations. Multiple clouds might be used by companies that offer disaster recovery services. A strategy to lower the risk of service availability failures, data loss, and compromised privacy is to use at least two clouds or more. Using several clouds at once might reduce the risk when using a public cloud for apps and data.

Cost, security, and control loss are the most frequent obstacles to cloud adoption. A business can choose which workloads to run and where to run them by utilizing a multi-cloud infrastructure, which gives it more flexibility and control. Thus, the disaster recovery flexibility offered by multi-cloud management is contributing to the multi-cloud management market.

The multi-cloud management market is segmented by component, deployment, application, verticals, and geography. US multi-cloud management market analysis by component, the multi-cloud management 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 multi-cloud management 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 multi-cloud management 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.

The US multi-cloud management market has been derived using primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also obtains an overview and forecast for the US multi-cloud management market concerning all the segments. Also, primary interviews were conducted with industry participants and commentators to validate data and gain more analytical insights into the topic. This process includes industry experts, such as VPs, business development managers, market intelligence managers, national sales managers, external consultants, valuation experts, research analysts, and key opinion leaders specializing in the US market.

A few leading players operating in the US multi-cloud management market are 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.

TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Research Methodology
3.1.1 Data Collection:
3.1.2 Primary Interviews:
4. US Multi-Cloud Management Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. US Multi-Cloud Management Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Surge in Need to Avoid Vendor Lock-in
5.1.2 Rise in Demand for Disaster Recovery Solutions
5.2 Market Restraints
5.2.1 Concerns Regarding Security
5.3 Market Opportunities
5.3.1 Growing Popularity of Hybrid Cloud
5.3.2 Increase in Data Generation and Rise in Bring Your Own Device (BYOD) and Choose Your Own Device (CYOD) Trends
5.4 Future Trends
5.4.1 Acceptance of Cloud Solutions as Mainstream IT Deployment Option
5.5 Impact Analysis of Drivers and Restraints
6. US Multi-Cloud Management Market Overview
6.1 Market Overview
6.2 US Multi-Cloud Management Market Forecast and Analysis
6.3 Market Positioning –Key Players
6.4 Positioning Map–Multi-Cloud Management Market
7. Multi-Cloud Management Market Analysis – By Component
7.1 Overview
7.2 US Multi-Cloud Management Market Breakdown, By Component, 2021 & 2028
7.3 Solution
7.3.1 Overview
7.3.2 Solution Market Revenue and Forecast to 2028 (US$ Million)
7.4 Service
7.4.1 Overview
7.4.2 Service Market Revenue and Forecast to 2028 (US$ Million)
8. Multi-Cloud Management Market Analysis – By Deployment
8.1 Overview
8.2 US Multi-Cloud Management Market Breakdown, By Deployment, 2021 & 2028
8.3 Public Cloud
8.3.1 Overview
8.3.2 Public Cloud Market Revenue and Forecast to 2028 (US$ Million)
8.4 Private Cloud
8.4.1 Overview
8.4.2 Private Cloud Market Revenue and Forecast to 2028 (US$ Million)
9. Multi-Cloud Management Market Analysis – By Application
9.1 Overview
9.2 US Multi-Cloud Management Market Breakdown, By Application, 2021 & 2028
9.3 Infrastructure and Resource Management
9.3.1 Overview
9.3.2 Infrastructure and Resource Management Market Forecast and Analysis
9.4 Identity and Policy Management
9.4.1 Overview
9.4.2 Identity and Policy Management Market Forecast and Analysis
9.5 Compliance Management
9.5.1 Overview
9.5.2 Compliance Management Market Forecast and Analysis
9.6 Metering and Billing
9.6.1 Overview
9.6.2 Metering and Billing Market Forecast and Analysis
9.7 Provisioning and Lifecycle Management
9.7.1 Overview
9.7.2 Provisioning and Lifecycle Management Market Forecast and Analysis
10. Multi-Cloud Management Market Analysis – By Verticals
10.1 Overview
10.2 US Multi-Cloud Management Market Breakdown, By Verticals, 2021 & 2028
10.3 IT and Telecom
10.3.1 Overview
10.3.2 IT and Telecom Market Forecast and Analysis
10.4 BFSI
10.4.1 Overview
10.4.2 BFSI Market Forecast and Analysis
10.5 Government
10.5.1 Overview
10.5.2 Government Market Forecast and Analysis
10.6 Retail and Consumer Goods
10.6.1 Overview
10.6.2 Retail and Consumer Goods Market Forecast and Analysis
10.7 Travel and Hospitality
10.7.1 Overview
10.7.2 Travel and Hospitality Market Forecast and Analysis
10.8 Healthcare and Life Science
10.8.1 Overview
10.8.2 Healthcare and Life Science Market Forecast and Analysis
10.9 Others
10.9.1 Overview
10.9.2 Others Market Forecast and Analysis
11. Impact of COVID-19 Pandemic on Multi-Cloud Management Market
11.1 US
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Mergers and Acquisition
12.4 New Product Development
13. Company Profiles
13.1 BMC Software, Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 CISCO, INC.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 IBM Corporation
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 VMware, Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Micro Focus
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Snow Software
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 UnityOneCloud
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Dynatrace LLC
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Flexera
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Zerto Ltd. (HPE)
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms

LIST OF TABLES

Table 1. US Multi-Cloud Management Market Revenue and Forecasts to 2028 (US$ Mn)
Table 2. Glossary of Term: Multi-Cloud Management Market

LIST OF FIGURES

Figure 1. Multi-Cloud Management Market Segmentation
Figure 2. US Multi-Cloud Management Market Overview
Figure 3. US Multi-Cloud Management Market, by Component
Figure 4. US Multi-Cloud Management Market, by Deployment
Figure 5. US Multi-Cloud Management Market, by Application
Figure 6. US Multi-Cloud Management Market, by Verticals
Figure 7. US: PEST Analysis
Figure 8. Multi-Cloud Management Market Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. US Multi-Cloud Management Market: Impact Analysis of Drivers and Restraints
Figure 11. US Multi-Cloud Management Market Forecast and Analysis, (US$ Mn)
Figure 12. US Multi-Cloud Management Market, Positioning Map
Figure 13. US Multi-Cloud Management Market Breakdown, By Component (2021 and 2028)
Figure 14. Software Market Revenue and Forecast to 2028(US$ Million)
Figure 15. Service Market Revenue and Forecast to 2028(US$ Million)
Figure 16. US Multi-Cloud Management Market Breakdown, By Deployment (2021 and 2028)
Figure 17. Public Cloud Market Revenue and Forecast to 2028(US$ Million)
Figure 18. Private Cloud Market Revenue and Forecast to 2028(US$ Million)
Figure 19. US Multi-Cloud Management Market Breakdown, By Application, 2021 & 2028 (%)
Figure 20. Infrastructure and Resource Management Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Identity and Policy Management Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Compliance Management Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Metering and Billing Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Provisioning and Lifecycle Management Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. US Multi-Cloud Management Market Breakdown, By Verticals, 2021 & 2028 (%)
Figure 26. IT and Telecom Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. BFSI Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Government Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Retail and Consumer Goods Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Travel and Hospitality Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. Healthcare and Life Science Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. Others Market Revenue and Forecast to 2028 (US$ Million)
Figure 33. Impact of COVID-19 Pandemic in the US Country Markets

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the multi-cloud management market.
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the multi-cloud management market, thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth country market trends and outlook coupled with the factors driving the market, as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

The List of Companies – US Multi-Cloud Management Market
1. BMC Software, Inc.
2. Cisco Systems, Inc.
3. Flexera
4. International Business Machines Corporation
5. Micro Focus International plc
6. Zerto Ltd.
7. VMware, Inc.
8. Snow Software, Inc.
9. UnityOneCloud
10. Dynatrace, Inc.

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