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Multi-Cloud Management Market Revenue Expected to Reach $40.35 Billion by 2029 Grab 20% Off With Code ONLINE20 On Global market Reports – Evaluate Global Trends, Market Risks, and Competitive Intelligence How Has the Multi-Cloud Management Market Evolved in Terms of Size and Value From 2025 to 2029? The multi-cloud management market size has grown exponentially in recent years. It will grow from $12.39 billion in 2024 to $15.86 billion in 2025 at a compound annual growth rate (CAGR) of 28.1%. The growth in the historic period can be attributed to growing cloud adoption, complexity of multi-cloud environments, security concerns, cost optimization needs, operational efficiency demands. The multi-cloud management market size is expected to see exponential growth in the next few years. It will grow to $40.35 billion in 2029 at a compound annual growth rate (CAGR) of 26.3%. The growth in the forecast period can be attributed to advanced security requirements, focus on cost governance, increased complexity of multi-cloud environments, hybrid cloud expansion, regulatory compliance challenges. Major trends in the forecast period include rapid technological advancements, increased adoption of multi-cloud strategies, rising importance of interoperability, focus on cost optimization, automation for efficient management. Get your free report sample today: Multi-Cloud Management Market Size and Forecast Report 2025 Sample (https://www.thebusinessresearchcompany.com/sample.aspx?id=13492&type=smp) Which Key Drivers Are Fueling Growth in the Multi-Cloud Management Market? The increasing IoT-linked devices are expected to boost the growth of the multi-cloud management market going forward. IoT-linked devices are nonstandard computing devices that connect wirelessly to a network and transmit data. Multi-cloud management is helpful for IoT-linked devices as it allows for better management of the vast amounts of data generated by these devices across multiple cloud platforms, and it also will enable organizations to avoid being locked into a single cloud provider, which can limit their flexibility and increase costs. For instance, in November 2022, according to a report published by Ericsson, a Sweden-based telecommunication company, broadband IoT (4G/5G), which connects most cellular IoT devices, reached 1.3 billion connections in 2022. Nearly 60% of cellular IoT connections are anticipated to be broadband IoT connections by the end of 2028, with 4G connecting the bulk. Therefore, the increasing IoT IoT-linked devices is driving the growth of the multi-cloud management market. What Are the Major Segments Defining the Structure of the Multi-Cloud Management Market? The multi-cloud managementmarket covered in this report is segmented – 1) By Solution: Security And Risk Management, Training And Consulting, Reporting And Analytics, Cloud Automation, Managed Services, Other Solutions 2) By Deployment Model: Public Cloud, Hybrid Cloud, Private Cloud 3) By Enterprise Size: Small And Medium Enterprise, Large Enterprise 4) By End-Use: BFSI, IT And Telecom, Consumer Goods and Retail, Manufacturing, Healthcare, Media and Entertainment, Government, Other End-Uses Subsegments: 1) By Security And Risk Management: Cloud Security Solutions, Identity And Access Management (IAM), Threat Detection And Mitigation, Compliance And Governance Tools 2) By Training And Consulting: Cloud Strategy Consulting, Cloud Migration Consulting, Multi-Cloud Architecture Training, Managed Service Provider (MSP) Consulting 3) By Reporting And Analytics: Cloud Performance Monitoring, Cost Management And Optimization, Cloud Usage Reporting, Business Intelligence And Analytics For Multi-Cloud 4) By Cloud Automation: Cloud Provisioning And Orchestration, Infrastructure As Code (Iac) Solutions, Cloud Service Automation Tools, Workflow Automation 5) By Managed Services: Cloud Operations Management, Multi-Cloud Monitoring And Support, Disaster Recovery And Backup Services, Service Level Agreement (SLA) Management 6) By Other Solutions: Multi-Cloud Data Management, Cloud Integration Tools, Multi-Cloud Networking Solutions, Cloud Cost Optimization Which Disruptive Trends Are Reshaping the Competitive Landscape of the Multi-Cloud Management Market? 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