Press release

Multi-Cloud Networking Market Size, Drivers, Opportunities

Multi-Cloud Networking Market Size, Drivers, Opportunities

 

 
The new report published by The Business Research Company, titled ""Multi-Cloud Networking Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the multi-cloud networking market size has grown exponentially in recent years. It will grow from $3.77 billion in 2023 to $4.76 billion in 2024 at a compound annual growth rate (CAGR) of 26.1%. The multi-cloud networking market size is expected to see exponential growth in the next few years. It will grow to $12.17 billion in 2028 at a compound annual growth rate (CAGR) of 26.5%.

Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=15222&type=smp

Surging Adoption Of Cloud Computing Services Fuels Growth In The Multi-Cloud Networking Market
The rising adoption of cloud computing services is expected to propel the growth of the multi-networking market going forward. Cloud computing services refer to delivering computing services, including servers, storage, databases, networking, software, analytics, and more, over the internet (the cloud) on a pay-as-you-go basis. The adoption of cloud computing services is increasing due to cost efficiency, scalability and flexibility, accessibility and collaboration, security and reliability, and the opportunity for innovation and competitive advantage. Cloud computing services in multi-cloud networking are utilized to leverage the strengths of multiple cloud providers for redundancy, scalability, and workload optimization across diverse environments. For instance, in December 2021, according to an article published by Eurostat, a Luxembourg-based statistics body for the European Union, 41% of organizations reported using cloud computing services in 2021, a 5.0 percentage-point (pp) rise from 36% in 2020. Therefore, the rising adoption of cloud computing services is driving the growth of the multi-networking market.

Rise Of Cross-Cloud Networking Solutions Revolutionizing Multi-Cloud Environments
Major companies operating in the multi-cloud networking market are developing innovative products, such as cross-cloud networks, to gain a competitive edge in the market. Cross-cloud network refers to the networking infrastructure and architecture that enables communication and data exchange between resources deployed across multiple cloud service providers, facilitating interoperability, redundancy, and workload distribution across diverse cloud environments. For instance, in August 2023, Google LLC, a US-based information technology company, launched its Cross-Cloud Network, a cloud networking platform designed to simplify connectivity between various cloud environments and on-premises locations. This platform enables seamless collaboration across multiple cloud providers, offering solutions for building distributed applications efficiently, accelerating internet-facing application delivery, and providing secure access for hybrid workforces.

The multi-cloud networking market covered in this report is segmented -

1) By Component: Solutions, Services
2) By Deployment Type: Public Cloud, Private Cloud
3) By Organization Size: Small And Medium-Sized Enterprises, Large Enterprises
4) By Vertical: Information Technology And Information Technology Enabled Services, Banking, Financial Services, And insurance, Retail And eCommerce, Healthcare And Life Sciences, Transportation And Logistics, Manufacturing, Media And Entertainment, Energy And Utilities, Other Verticals

Buy Now & Get Exclusive Discount on this Report, Checkout link @ https://www.thebusinessresearchcompany.com/Discount?id=15222&type=discount

Major companies operating in the multi-cloud networking market report are Cisco Systems Inc., Oracle Corporation, Hewlett Packard Enterprise Development LP, VMware Inc., Palo Alto Networks Inc., Juniper Networks Inc., Fortinet Inc., Arista Networks Inc., Akamai Technologies, Citrix Systems Inc., F5 Inc., Nutanix, Array Networks, Extreme Networks Inc. , Zscaler Inc., Cloudflare Inc., Riverbed Technology, Barracuda Networks Inc., Masergy Communications Inc., A10 Networks Inc., Imperva Inc., Versa Networks Inc., Silver Peak Systems Inc., Avi Networks, Kemp Technologies

Contents of the report:
1. Executive Summary
2. Multi-Cloud Networking Market Report Structure
3. Multi-Cloud Networking Market Trends And Strategies
4. Multi-Cloud Networking Market - Macro Economic Scenario
5. Multi-Cloud Networking Market Size And Growth
…..
27. Multi-Cloud Networking Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/multi-cloud-networking-global-market-report

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The Business Research Company
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Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

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Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.


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