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The Europe Multi-Cloud Management Market would witness market growth of 26% CAGR during the forecast period (2017 - 2023). Multi-cloud is a type that involves the application of two or more cloud deployments from different vendors. The technology can be used in any kind of cloud deployment models such as software-as-a-service (SaaS), platform-as-a-service (PaaS), and infrastructure-as-a-service (IaaS). Single cloud deployment gives more power to the provider, leading to vendor lock-in, and significantly reducing the bargaining power of a buyer.
However, with multi-cloud deployments, buyers hold the power to choose the resources and accordingly manage the same. Based on Type, the market report segments the market into Services and Software. Services Type includes Security & Risk Management, Training & Consulting, Reporting & Analytics, Cloud Automation, Managed Services, and Others. Based on Application, the market report segments the market into Infrastructure & Resource Management, Identity & Policy Management, Metering & Billing, Provisioning & Life Cycle Management, and Others.
Based on Deployment Type, the Multi-Cloud Management market segments the market into Public & Private and Hybrid. Based on Vertical, the market report segments the market into IT & Telecom, BFSI, Healthcare, Retail & Consumer Goods, Public Sector, Energy & Utilities, and Others. Based on Countries, the Multi-Cloud Management market segments the market into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the competition analysis of key stake holders of the Europe Multi-Cloud Management Market. Key companies profiled in the report include Accenture Plc., BMC Software, Citrix Systems, Inc., Cisco Systems, Inc., IBM Corporation, VMware, Inc., CenturyLINK Technology Solutions, Microsoft Corporation (Cloudyn), Actua Corporation (Jamcracker, Inc.), and RightScale, Inc.