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Multi-Cloud Architecture Market by Deployment Type( Private Cloud, Public Cloud, and Hybrid Cloud), Organizational Size (Small & Medium Enterprises and Large Enterprises), Industry Vertical (IT & Telecom, BFSI, Manufacturing, Mobile & Entertainment, Government & Public Sector, Travel & Hospitality, Media & Entertainment, Healthcare & Life Science, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A08456
Pages: NA
Jun 2021 | 373 Views
 
Author(s) : NA
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COVID-19

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Multi-Cloud Architecture Market Statistics: 2027

Organizations are looking forward to take advantage of flexibility and benefitsprovided by cloud to use best cloud services. A multi-cloud strategy is defined as the use of two or more cloud computing services. Multi-cloud deployment can refer to any implementation of multiple software-as-a-service or platform-as-a-service cloud offerings. Moreover, userscan run apps primarily on digital platforms but are completely replicated and backed up on cloud.

A multi-cloudcomprises public, private, and hybrid clouds to achieve end goals of enterprises. Often, multi-cloudis confused with hybrid cloud. It is different from a hybrid cloud since a hybrid cloud is an infrastructure while multi-cloud is a strategy.

Multi-Cloud Architecture Market

 

 

Report Matric

Details

  Market size available for the years

  2019-2027

  Base year considered

  2019

  Forecast period

  2020-2027

  Forecast unit

  Value (USD)

  Segments covered

  • Deployment Type
  • Organizational Size
  • Industry Vertical
  • Region

  Geographies covered

  • North America (U.S. and Canada),
  • Europe (Germany, UK, France, and the Rest of Europe),
  • Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific),
  • LAMEA (Latin America,MiddleEast,Africa)

  Companies covered

 

  • IBM Corp.
  • Intel Corp.
  • DXC technology Ltd.
  • BAE system corp.
  • CA Technologies
  • Cisco Systems Corp.
  • General Dynamic Corp.
  • Lockheed Martin Corp.
  • Raytheon Company
  • Boeing Corp.

 

 

COVID-19 scenario Analysis:

1.Due to theCOVID-19 pandemic outbreak,millions of people have started to work form their home. In this crisis, cloud companies have becomethe backbone of a corporate sectorand witnessed exponential rise in adoption of cloud architecture services. Work from home concept can only be successful with the help of cloud applications.

2. Companies have continued to expand cloud services during the pandemic.  Before the pandemic, numberof organizations such as Microsoft’s cloud service, Azure, and Amazon Web Services started to shift their services to cloud platform and provide cloud data base to customers,which increased demand for cloud services in global multi-cloud architecture market.

3.In this crisis, secure cloud architectures have become essential part for enterprises, governments, municipalities, small businesses, schools, and home users. Organizations believe that with widespread availability of internet and large bandwidth, conglomerates keep connected on cloud. Cloud adoption has ensured dynamic allocation of resources during the spike in network

4. There are some sectors, such as online media, entertainment, and gaming, which are likely to pose steep growth in their compute and networking needs during the COVID-19 lockdownand cloud service providers will optimize these demands.

Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

Factors such as growth in need for automation and agility and avoidance of vendor lock-insdrives the multi-cloud architecture market formulti-cloud architecture globally. However, lack of skilled professionals, complex migration process,and privacy& security issues hindergrowth of the market.  Furthermore, shifting focus of businesses on software-as-a-service and growth in adoption of cloud architecture in small scale organizations create opportunitiesfor themulti-cloud architecture market globally.

Growth in need for automation and agility

Multi-cloud architecture provides high level of automation in data storage and data transfer with better agility that drives the market. It is also used in obtaining higher governance and policies that boost the market formulti-cloud architectures globally.

Complex migration process

The major challenge of small and medium enterprisesis the migration process as it needs experiencedworkforce while moving from hybrid to multi-cloud environment. In addition, high cost involved in adoption of migration from traditional to cloud environment hinders adoption of multi-cloud architecture.

Key Segments covered:

Segments

Sub Segments

  Deployment Model

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

  Organizational Size

  • Small & Medium Enterprise
  • Large Enterprise

  Industry Vertical

  • IT & Telecom
  • BFSI
  • Manufacturing
  • Mobile & Entertainment
  • Government &Public Sector
  • Travel & Hospitality
  • Media & Entertainment
  • Healthcare & Life Science
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the global multi-cloud architecture market along with the current trends and future estimations to determine the imminent investment pockets.
  • share.multi-cloud architecture market The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of global
  • scenario.multi-cloud architecturemarketgrowthThe current market is quantitatively analyzed from 2019 to 2027 to highlight the global
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides detailedmulti-cloud architecturemarket analysis based on competitive intensity and how the competition will take shape in coming years.
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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