Europe Multi-Cloud Management Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Component (Software and Service), Deployment (Public Cloud and Private Cloud), Application (Infrastructure and Resource Management, Identity and Policy Management, Compliance Management, Metering and Billing, and Provisioning and Lifecycle Management), and Verticals (IT and Telecom, BFSI, Government, Retail and Consumer Goods, Travel and Hospitality, Healthcare and Life Science, and Others)

The Europe multi-cloud management market is expected to grow from US$ 2,299.23 million in 2022 to US$ 9,556.97 million by 2028. It is estimated to grow at a CAGR of 26.8% from 2022 to 2028.

Rise in Demand for Disaster Recovery Solutions is Driving the Europe Multi-Cloud Management Market

Disaster Recovery (DR) is an important aspect of any cloud deployment. According to statistics from World Backup Day, 10% of computers are infected by viruses each month, and 30% of people never back up their data. Furthermore, mishaps such as staff members erasing data that was not backup elsewhere account for 29% of disasters. Ransomware is another problem that has grown over the past few years. Getting crucial operating data locked up can be disastrous if one cannot access recent backups kept in a different location. According to the 2019 threats report from McAfee Labs, there were 118% more ransomware assaults in the first three months of the year than in the same period in 2018, and a lot of new malware is continuously being identified. The risk of cyberattacks exists for all businesses, including large, small, and medium-sized ones. Data breaches in the first half of 2018 were 140% more frequent than they were at the same time in 2017, according to Gemalto (a digital security business). Moreover, events such as fires, power outages, and earthquakes can cause a data center disaster. Once the disaster occurs, the most important task for IT is to recover from the disaster and get everything back in working order. Disaster recovery is an organization's procedure to restart regular operations following a service outage. Multiple clouds might be used by companies that offer disaster recovery services. A strategy to lower the risk of service availability failures, data loss, and compromised privacy is to use at least two clouds or more. Using several clouds at once might reduce the risk when using a public cloud for apps and data. Cost, security, and control loss are the most frequent obstacles to cloud adoption. A business can choose which workloads to run and where to run them by utilizing a multi-cloud infrastructure, which gives it more flexibility and control. Thus, the disaster recovery flexibility offered by multi-cloud management contributes to the Europe Multi-Cloud Management market growth.

Europe Multi-Cloud Management Market Overview

Europe comprises economies such as Germany, France, Italy, the UK, Russia, and the Rest of Europe. Technologies such as cloud computing, IoT, and edge computing are digital technologies that contribute to achieving sustainability goals of industries such as BFSI, IT & telecom, mobility, buildings, and manufacturing. The European Union supports the development of cloud computing in the region by undertaking research and innovation actions under the Horizon 2020 Program. EU-funded projects accelerate the adoption of cloud infrastructures among businesses. In addition, the EU intended to invest €2 billion via the European Data Strategy in European High Impact Project, which will federate energy-efficient and trustworthy cloud infrastructures and related services among enterprises. Moreover, the European Commission is co-investing in the deployment of common European data spaces for sectors such as agriculture, energy, healthcare, manufacturing, and transport to ensure that more data becomes available for usage amongst the European economy and society; it helps in controlling data generated by the companies and individuals. Furthermore, European Commission has launched the European Alliance on industrial data, edge, and cloud, which will feature the development of several work streams. The above stated deployments are driving the Europe multi-cloud management market.

Europe Multi-cloud management Market Revenue and Forecast to 2028 (US$ Million)

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Europe Multi-Cloud Management Market Segmentation

The Europe multi-cloud management market is segmented into component, deployment, application, verticals, and country.

Based on component, the Europe multi-cloud management market is bifurcated into software and service. The software segment held a larger market share in 2022.

Based on deployment, the Europe multi-cloud management market is bifurcated into public cloud and private cloud. The public cloud segment held a larger market share in 2022.

Based on application, the Europe multi-cloud management market is segmented into infrastructure and resource management, identity and policy management, compliance management, metering and billing, and provisioning and lifecycle management. The infrastructure segment held the largest market share in 2022.

Based on verticals, the Europe multi-cloud management market is segmented into IT and telecom, BFSI, government, retail and consumer goods, travel and hospitality, healthcare and life science, and others. The BFSI segment held the largest market share in 2022.

Based on country, the Europe multi-cloud management market is segmented into France, Germany, Italy, the UK, Russia, and the Rest of Europe. The UK dominated the market share in 2022.

BMC Software, Inc.; CISCO, INC.; IBM Corporation; VMware, Inc.; Micro Focus; Snow Software; UnityOneCloud; Dynatrace LLC; Flexera; and Zerto Ltd. (HPE) are the leading companies operating in the Europe multi-cloud management market.

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Research Methodology

3.1.1 Data Collection:

3.1.2 Primary Interviews:

4. Europe Multi-Cloud Management Market Landscape

4.1 Market Overview

4.2 Europe PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Europe Multi-Cloud Management Market – Key Industry Dynamics

5.1 Market Drivers

5.1.1 Surge in Need to Avoid Vendor Lock-in

5.1.2 Rise in Demand for Disaster Recovery Solutions

5.2 Market Restraints

5.2.1 Security Concerns Regarding Adoption of Multi-Cloud Solutions

5.3 Market Opportunities

5.3.1 Growing Popularity of Hybrid Cloud

5.3.2 Increase in Data Generation and Rise in Bring Your Own Device (BYOD) and Choose Your Own Device (CYOD) Trends

5.4 Future Trends

5.4.1 Acceptance of Cloud Solutions as Mainstream IT Deployment Option

5.5 Impact Analysis of Drivers and Restraints

6. Europe Multi-Cloud Management Market - Market Analysis

6.1 Overview

6.2 Europe Multi-Cloud Management Market Revenue and Forecast to 2028 (US$ Million)

7. Europe Multi-Cloud Management Market Analysis – By Component

7.1 Overview

7.2 Europe Multi-Cloud Management Market Breakdown, By Component, 2021 & 2028

7.3 Software

7.3.1 Overview

7.3.2 Software Market Revenue and Forecast to 2028 (US$ Million)

7.4 Service

7.4.1 Overview

7.4.2 Service Market Revenue and Forecast to 2028 (US$ Million)

8. Europe Multi-Cloud Management Market Analysis – By Deployment

8.1 Overview

8.2 Europe Multi-Cloud Management Market Breakdown, By Deployment, 2021 & 2028

8.3 Public Cloud

8.3.1 Overview

8.3.2 Public Cloud Market Revenue and Forecast to 2028 (US$ Million)

8.4 Private Cloud

8.4.1 Overview

8.4.2 Private Cloud Market Revenue and Forecast to 2028 (US$ Million)

9. Europe Multi-Cloud Management Market Analysis – By Application

9.1 Overview

9.2 Europe Multi-Cloud Management Market Breakdown, By Application, 2021 & 2028

9.3 Infrastructure and Resource Management

9.3.1 Overview

9.3.2 Infrastructure and Resource Management Market Forecast and Analysis

9.4 Identity and Policy Management

9.4.1 Overview

9.4.2 Identity and Policy Management Market Forecast and Analysis

9.5 Compliance Management

9.5.1 Overview

9.5.2 Compliance Management Market Forecast and Analysis

9.6 Metering and Billing

9.6.1 Overview

9.6.2 Metering and Billing Market Forecast and Analysis

9.7 Provisioning and Lifecycle Management

9.7.1 Overview

9.7.2 Provisioning and Lifecycle Management Market Forecast and Analysis

10. Europe Multi-Cloud Management Market Analysis – By Verticals

10.1 Overview

10.2 Europe Multi-Cloud Management Market Breakdown, By Verticals, 2021 & 2028

10.3 IT and Telecom

10.3.1 Overview

10.3.2 IT and Telecom Market Forecast and Analysis

10.4 BFSI

10.4.1 Overview

10.4.2 BFSI Market Forecast and Analysis

10.5 Government

10.5.1 Overview

10.5.2 Government Market Forecast and Analysis

10.6 Retail and Consumer Goods

10.6.1 Overview

10.6.2 Retail and Consumer Goods Market Forecast and Analysis

10.7 Travel and Hospitality

10.7.1 Overview

10.7.2 Travel and Hospitality Market Forecast and Analysis

10.8 Healthcare and Life Science

10.8.1 Overview

10.8.2 Healthcare and Life Science Market Forecast and Analysis

10.9 Others

10.9.1 Overview

10.9.2 Others Market Forecast and Analysis

11. Europe Multi-Cloud Management Market – Country Analysis

11.1 Overview

11.1.1 Europe Multi-Cloud Management Market Breakdown, by Country

11.1.1.1 UK Multi-cloud management Market, Revenue and Forecast to 2028

11.1.1.1.1 UK Multi-Cloud Management Market Breakdown, by Component

11.1.1.1.2 UK Multi-Cloud Management Market Breakdown, by Deployment

11.1.1.1.3 UK Multi-Cloud Management Market Breakdown, by Application

11.1.1.1.4 UK Multi-Cloud Management Market Breakdown, by Verticals

11.1.1.2 Germany Multi-Cloud Management Market, Revenue and Forecast to 2028

11.1.1.2.1 Germany Multi-Cloud Management Market Breakdown, by Component

11.1.1.2.2 Germany Multi-Cloud Management Market Breakdown, by Deployment

11.1.1.2.3 Germany Multi-cloud management Market Breakdown, by Application

11.1.1.2.4 Germany Multi-Cloud Management Market Breakdown, by Vertical

11.1.1.3 France Multi-Cloud Management Market, Revenue and Forecast to 2028

11.1.1.3.1 France Multi-Cloud Management Market Breakdown, by Component

11.1.1.3.2 France Multi-Cloud Management Market Breakdown, by Deployment

11.1.1.3.3 France Multi-Cloud Management Market Breakdown, by Application

11.1.1.3.4 France Multi-Cloud Management Market Breakdown, by Verticals

11.1.1.4 Italy Multi-Cloud Management Market, Revenue and Forecast to 2028

11.1.1.4.1 Italy Multi-Cloud Management Market Breakdown, by Component

11.1.1.4.2 Italy Multi-Cloud Management Market Breakdown, by Deployment

11.1.1.4.3 Italy Multi-Cloud Management Market Breakdown, by Application

11.1.1.4.4 Italy Multi-Cloud Management Market Breakdown, by Verticals

11.1.1.5 Russia Multi-Cloud Management Market, Revenue and Forecast to 2028

11.1.1.5.1 Russia Multi-Cloud Management Market Breakdown, by Component

11.1.1.5.2 Russia Multi-Cloud Management Market Breakdown, by Deployment

11.1.1.5.3 Russia Multi-Cloud Management Market Breakdown, by Application

11.1.1.5.4 Russia Multi-Cloud Management Market Breakdown, by Verticals

11.1.1.6 Rest of Europe Multi-Cloud Management Market, Revenue and Forecast to 2028

11.1.1.6.1 Rest of Europe Multi-Cloud Management Market Breakdown, by Component

11.1.1.6.2 Rest of Europe Multi-Cloud Management Market Breakdown, by Deployment

11.1.1.6.3 Rest of Europe Multi-Cloud Management Market Breakdown, by Application

11.1.1.6.4 Rest of Europe Multi-Cloud Management Market Breakdown, by Vertical

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 Mergers and Acquisition

12.4 New Product Development

13. Company Profiles

13.1 BMC Software, Inc.

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 CISCO, INC.

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 IBM Corporation

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 VMware, Inc.

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Micro Focus

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Snow Software

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 UnityOneCloud

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Dynatrace LLC

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Flexera

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Zerto Ltd. (HPE)

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Glossary of Terms

LIST OF TABLES

Table 1. Europe Multi-Cloud Management Market Revenue and Forecasts to 2028 (US$ Mn)

Table 2. Europe Multi-Cloud Management Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 3. UK Multi-Cloud Management Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 4. UK Multi-Cloud Management Market, Revenue and Forecast to 2028 – by Deployment (US$ million)

Table 5. UK Multi-Cloud Management Market, Revenue and Forecast to 2028 – by Application (US$ million)

Table 6. UK Multi-Cloud Management Market, Revenue and Forecast to 2028 – by Verticals (US$ million)

Table 7. Germany Multi-Cloud Management Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 8. Germany Multi-Cloud Management Market, Revenue and Forecast to 2028 – by Deployment (US$ million)

Table 9. Germany Multi-cloud management Market, Revenue and Forecast to 2028 – by Application (US$ million)

Table 10. Germany Multi-cloud management Market, Revenue and Forecast to 2028 – by Vertical (US$ million)

Table 11. France Multi-Cloud Management Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 12. France Multi-Cloud Management Market, Revenue and Forecast to 2028 – by Deployment (US$ million)

Table 13. France Multi-Cloud Management Market, Revenue and Forecast to 2028 – by Application (US$ million)

Table 14. France Multi-Cloud Management Market, Revenue and Forecast to 2028 – by Verticals (US$ million)

Table 15. Italy Multi-Cloud Management Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 16. Italy Multi-Cloud Management Market, Revenue and Forecast to 2028 – by Deployment (US$ million)

Table 17. Italy Multi-Cloud Management Market, Revenue and Forecast to 2028 – by Application (US$ million)

Table 18. Italy Multi-Cloud Management Market, Revenue and Forecast to 2028 – by Verticals (US$ million)

Table 19. Russia Multi-Cloud Management Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 20. Russia Multi-Cloud Management Market, Revenue and Forecast to 2028 – by Deployment (US$ million)

Table 21. Russia Multi-Cloud Management Market, Revenue and Forecast to 2028 – by Application (US$ million)

Table 22. Russia Multi-Cloud Management Market, Revenue and Forecast to 2028 – by Verticals (US$ million)

Table 23. Rest of Europe Multi-Cloud Management Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 24. Rest of Europe Multi-Cloud Management Market, Revenue and Forecast to 2028 – by Deployment (US$ million)

Table 25. Rest of Europe Multi-Cloud Management Market, Revenue and Forecast to 2028 – by Application (US$ million)

Table 26. Rest of Europe Multi-Cloud Management Market, Revenue and Forecast to 2028 – by Vertical (US$ million)

Table 27. Glossary of Term: Europe Multi-Cloud Management Market

LIST OF FIGURES

Figure 1. Europe Multi-Cloud Management Market Segmentation

Figure 2. Europe Multi-Cloud Management Market Segmentation – By Country

Figure 3. Europe Multi-Cloud Management Market Overview

Figure 4. Europe Multi-Cloud Management Market, By Component

Figure 5. Europe Multi-Cloud Management Market, By Deployment

Figure 6. Europe Multi-Cloud Management Market, By Country

Figure 7. Europe: PEST Analysis

Figure 8. Europe Multi-Cloud Management Market Ecosystem Analysis

Figure 9. Expert Opinion

Figure 10. Europe Multi-Cloud Management Market: Impact Analysis of Drivers and Restraints

Figure 11. Europe Multi-Cloud Management Market Forecast and Analysis to 2028 (US$ Mn)

Figure 12. Europe Multi-Cloud Management Market Breakdown, By Component (2021 & 2028)

Figure 13. Software Market Revenue and Forecast to 2028(US$ Million)

Figure 14. Service Market Revenue and Forecast to 2028(US$ Million)

Figure 15. Europe Multi-Cloud Management Market Breakdown, By Deployment (2021 & 2028)

Figure 16. Public Cloud Market Revenue and Forecast to 2028(US$ Million)

Figure 17. Private Cloud Market Revenue and Forecast to 2028(US$ Million)

Figure 18. Europe Multi-Cloud Management Market Breakdown, By Application, 2021 & 2028 (%)

Figure 19. Infrastructure and Resource Management Market Revenue and Forecast to 2028 (US$ Million)

Figure 20. Identity and Policy Management Market Revenue and Forecast to 2028 (US$ Million)

Figure 21. Compliance Management Market Revenue and Forecast to 2028 (US$ Million)

Figure 22. Metering and Billing Market Revenue and Forecast to 2028 (US$ Million)

Figure 23. Provisioning and Lifecycle Management Market Revenue and Forecast to 2028 (US$ Million)

Figure 24. Europe Multi-Cloud Management Market Breakdown, By Verticals, 2021 & 2028 (%)

Figure 25. IT and Telecom Market Revenue and Forecast to 2028 (US$ Million)

Figure 26. BFSI Market Revenue and Forecast to 2028 (US$ Million)

Figure 27. Government Market Revenue and Forecast to 2028 (US$ Million)

Figure 28. Retail and Consumer Goods Market Revenue and Forecast to 2028 (US$ Million)

Figure 29. Travel and Hospitality Market Revenue and Forecast to 2028 (US$ Million)

Figure 30. Healthcare and Life Science Market Revenue and Forecast to 2028 (US$ Million)

Figure 31. Others Market Revenue and Forecast to 2028 (US$ Million)

Figure 32. Europe Multi-Cloud Management Market, by Key Country–Revenue (2021) (US$ million)

Figure 33. Europe Multi-Cloud Management Market Breakdown, by Country, 2018 & 2027(%)

Figure 34. UK Multi-cloud management Market, Revenue and Forecast to 2028 (US$ million)

Figure 35. Germany Multi-Cloud Management Market, Revenue and Forecast to 2028 (US$ million)

Figure 36. France Multi-Cloud Management Market, Revenue and Forecast to 2028 (US$ million)

Figure 37. Italy Multi-Cloud Management Market, Revenue and Forecast to 2028 (US$ million)

Figure 38. Russia Multi-Cloud Management Market, Revenue and Forecast to 2028 (US$ million)

Figure 39. Rest of Europe Multi-Cloud Management Market, Revenue and Forecast to 2028 (US$ million)

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe multi-cloud management market
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Europe multi-cloud management market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the multi-cloud management market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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