LAMEA Multi-Cloud Networking Market Size, Share & Industry Trends Analysis Report By Component, By Organization Size (Large Enterprises and Small & Medium-sized Enterprises (SMEs)), By Deployment Mode, By Vertical, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Multi-Cloud Networking Market would witness market growth of 26.7% CAGR during the forecast period (2022-2028).
Enterprises that opt for a multi-cloud framework require skills for intelligent and comprehensive traffic orchestration across diverse cloud infrastructures. This is particularly applicable to businesses transitioning from a private to a hybrid/multi-cloud infrastructure, where synchronization and orchestration amongst cloud providers can be crucial.
Businesses can manage their difficulties in a scalable and sustainable manner by enabling an efficient and smart end-to-end network control mechanism. However, the complexity of multi-cloud orchestration has resulted in a dearth of integrated services that can assist organizations and managed service providers in integrating several CSPs.
As with other economies, the South African economy is quickly digitizing. This means that people and consumers from both the public and private sectors would utilize electronic devices to access the majority of digital platform services. Private and public sector organizations are changing their service delivery models toward digital domains to ensure that residents and consumers can securely access the services at any time, from any location, and via any device.
The Brazil market dominated the LAMEA Multi-Cloud Networking Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $183.3 million by 2028. The Argentina market is experiencing a CAGR of 27.4% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 26.4% during (2022 - 2028).
Based on Component, the market is segmented into Solution (Multi-Cloud Management and Others) and Services (Integration & Implementation and Consulting, Training & Support). Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises (SMEs). Based on Deployment Mode, the market is segmented into Public Cloud and Private Cloud. Based on Vertical, the market is segmented into BFSI, IT, ITeS & Telecom, Manufacturing, Transportation & Logistics, Healthcare, Energy & Utilities, Retail & eCommerce, and Media & Entertainment and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Oracle Corporation, VMware, Inc., F5 Networks, Inc., Hewlett-Packard Enterprise, Nutanix, Inc., Cisco Systems, Inc., Juniper Networks, Inc., Citrix Systems, Inc., Versa Networks, Inc., and Cloudflare, Inc.
Scope of the Study
Market Segments Covered in the Report:
- Multi-Cloud Management
- Integration & Implementation
- Consulting, Training & Support
By Organization Size
- Large Enterprises
- Small & Medium-sized Enterprises (SMEs)
By Deployment Mode
- Public Cloud
- Private Cloud
- IT, ITeS & Telecom
- Manufacturing, Transportation & Logistics
- Energy & Utilities
- Retail & eCommerce
- Media & Entertainment and Others
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Oracle Corporation
- VMware, Inc.
- F5 Networks, Inc.
- Hewlett-Packard Enterprise
- Nutanix, Inc.
- Cisco Systems, Inc.
- Juniper Networks, Inc.
- Citrix Systems, Inc.
- Versa Networks, Inc.
- Cloudflare, Inc.
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