U.S. Multi-Cloud Management Market Expected to Surge to $2.45 Billion in 2023 - Long-term Forecast to 2030


Dublin, Sept. 11, 2024 (GLOBE NEWSWIRE) -- The "United States Multi-Cloud Management Market (2024 Edition): Market Size, Trends, Opportunities and Forecast by Organisation Size, End-Use Industry, Type, Region, By State: 2020-2030" report has been added to ResearchAndMarkets.com's offering.

In response to the burgeoning complexities of cloud computing, the United States has witnessed a sizable growth in the multi-cloud management sector. The industry, whose value reached USD 2.45 billion in 2023, is driven by the increasing necessity for organizations to manage various cloud platforms efficiently.

With the rise of digital transformation initiatives, companies across diverse sectors, such as IT & Telecommunication, Industrial & Manufacturing, and Healthcare & Life Sciences, are seeking advanced solutions to optimize their cloud operations. These solutions are key for managing costs, enhancing risk management, ensuring regulatory compliance, and facilitating strategic business agility.

Segment Insights

A deep dive into the market reveals a significant uptick in the adoption of multi-cloud management by Large Organizations. These entities are turning towards sophisticated management platforms that consolidate diverse cloud resources under a single umbrella, mitigating risks associated with cost management, security, and regulatory adherence. Moreover, as cyber threats grow more intricate, the implementation of comprehensive security measures becomes pivotal. Among the segments analyzed, the sectors of automation, reporting & analytics, and multi-cloud security and risk management stand out as vital components in the multi-cloud management market.

Key Companies

The marketplace teems with innovation and strategic movements, as evidenced by the activities of prominent players like Cisco Systems, Inc., IBM Corporation, VMware, Inc., and a host of other cutting-edge tech companies. Mergers, acquisitions, and the launch of new services are among the strategic approaches employed by these organizations to maintain a competitive edge and to further propel the industry forward.

In the ever-evolving landscape of cloud computing, the United States Multi-Cloud Management Market stands out as an exemplar of tech-driven progress and innovation, promising a streamlined and secure future for the management of cloud infrastructures across a myriad of industries. With dedicated strategies and an unwavering focus on cybersecurity and compliance, the market is poised for continued expansion well into the next decade.

Companies Featured

  • BMC Medium, Inc.
  • Cisco Systems, Inc.
  • IBM Corporation
  • VMware, Inc.
  • Micro Focus
  • Snow Medium
  • UnityOneCloud
  • Dynatrace LLC
  • Flexera
  • Zerto Ltd. (HPE)

For more information about this report visit https://www.researchandmarkets.com/r/ssikn6

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