Multi-Cloud Networking Market Report: Trends, Forecast and Competitive Analysis to 2030

Multi-Cloud Networking Market Report: Trends, Forecast and Competitive Analysis to 2030

Multi-Cloud Networking Trends and Forecast

The future of the global multi-cloud networking market looks promising with opportunities in the it & ites, bfsi, retail & ecommerce, healthcare & life science, transportation & logistic, manufacturing, media & entertainment, and energy & utility sectors. The global multi-cloud networking market is expected to reach an estimated $9.6 billion by 2030 with a CAGR of 18.7% from 2024 to 2030. The major drivers for this market are growing amount of data traffic, increasing preference for agility and automation, and rising demand for affordable private data storage infrastructure.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Multi-Cloud Networking by Segment

The study includes a forecast for the global multi-cloud networking by component, deployment type, end use industry, and region.

Multi-Cloud Networking Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Solutions
• Services

Multi-Cloud Networking Market by Deployment Type [Shipment Analysis by Value from 2018 to 2030]:

• Public Cloud
• Private Cloud

Multi-Cloud Networking Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• IT & ITeS
• BFSI
• Retail & eCommerce
• Healthcare & Life Sciences
• Transportation & Logistics
• Manufacturing
• Media & Entertainment
• Energy & Utilities
• Others

Multi-Cloud Networking Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Multi-Cloud Networking Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies multi-cloud networking companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the multi-cloud networking companies profiled in this report include-

• VMware
• Oracle
• F5
• HPE
• Cisco
• Nutanix
• CloudFlare
• Juniper
• Citrix
• Versa networks

Multi-Cloud Networking Market Insights

Lucintel forecasts that solution is expected to witness highest growth over the forecast period due to increasing use of multi-cloud networking based solutions among organizations to connect, integrate, and manage multiple cloud platforms.

Retail & ecommerce will remain the largest segment due to increasing use of multi-cloud networking in this sector to track real-time insights, offer clients quick services, and keep strong customer relationships.

North America is expected to witness highest growth over the forecast period due to rising demand for connected and iot based devices, growing number of internet usage, and presence of key service providers in the region.

Features of the Global Multi-Cloud Networking Market

Market Size Estimates: Multi-cloud networking market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Multi-cloud networking market size by component, deployment type, end use industry, and region in terms of value ($B).

Regional Analysis: Multi-cloud networking market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different components, deployment types, end use industries, and regions for the multi-cloud networking market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the multi-cloud networking market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the multi-cloud networking market size?

Answer: The global multi-cloud networking market is expected to reach an estimated $9.6 billion by 2030.

Q.2 What is the growth forecast for multi-cloud networking market?

Answer: The global multi-cloud networking market is expected to grow with a CAGR of 18.7% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the multi-cloud networking market?

Answer: The major drivers for this market are growing amount of data traffic, increasing preference for agility and automation, and rising demand for affordable private data storage infrastructure.

Q4. What are the major segments for multi-cloud networking market?

Answer: The future of the multi-cloud networking market looks promising with opportunities in the it & ites, bfsi, retail & ecommerce, healthcare & life science, transportation & logistic, manufacturing, media & entertainment, and energy & utility sectors.

Q5. Who are the key multi-cloud networking market companies?

Answer: Some of the key multi-cloud networking companies are as follows:

• VMware
• Oracle
• F5
• HPE
• Cisco
• Nutanix
• CloudFlare
• Juniper
• Citrix
• Versa networks

Q6. Which multi-cloud networking market segment will be the largest in future?

Answer: Lucintel forecasts that solution is expected to witness highest growth over the forecast period due to increasing use of multi-cloud networking based solutions among organizations to connect, integrate, and manage multiple cloud platforms.

Q7. In multi-cloud networking market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to rising demand for connected and iot based devices, growing number of internet usage, and presence of key service providers in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the multi-cloud networking market by component (solutions and services), deployment type (public cloud and private cloud), end use industry (IT & ITeS, BFSI, retail & ecommerce, healthcare & life sciences, transportation & logistics, manufacturing, media & entertainment, energy & utilities, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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