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Strong Emphasis of Organizations on Automation and Efficiency, and Subsequently Having Effective Governance Processes in Place

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Dublin, Nov. 11, 2021 (GLOBE NEWSWIRE) — The “Multi-Cloud Management Market 2021-2028” report has been added to ResearchAndMarkets.com’s offering.

The global multi-cloud management market size is estimated to reach USD 32.75 billion by 2028, registering a CAGR of 26.3% from 2021 to 2028

Growing concerns over the reliability of single cloud are also anticipated to play a decisive role in driving the adoption of multi-cloud management solutions. However, concerns over data security and privacy protection coupled with the hardships encountered in redesigning the network for cloud-based infrastructure can restrain the growth of the market.

Independent Software Vendors (ISVs) are increasingly relying on virtualization and cloud as they are gradually evolving from software developers to software providers. Cloud-based infrastructure guarantees greater scale, service customization, and flexibility.

At this juncture, Cloud Service Providers (CSPs) are also…

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