The South & Central America multi-cloud managementmarket is expected to grow from US$ 271.65 million in 2022 to US$ 908.46 million by 2028. It is estimated to grow at a CAGR of 22.3% from 2022 to 2028.
Increase in Data Generation and Rise in Bring Your Own Device (BYOD) and Choose Your Own Device (CYOD) Trends is Driving the South & Central America Multi-Cloud Management Market
According to most big data experts, the amount of data created would increase dramatically during the forecast period. Seagate's Data Age 2025 report estimates that the amount of data generated globally will reach 175 zettabytes by 2025. The massive rise in people working from home, studying, and spending time at home is responsible for the expansion of data. Since data-driven business models will be widely used in the future, companies' main goal will be to secure this data. Storage, computation, and analysis of the generated data will require a large storage space, which can be fulfilled by deploying the data on the cloud. Therefore, the transition by the companies to store data from an on-premises server to the cloud infrastructure will open profitable opportunities for the providers of multi-cloud management systems. Furthermore, the introduction of new platforms, bring your own device (BYOD) and choose your own device (CYOD) trends, business apps, and other technologies would make the IT infrastructure more complex and heterogeneous. Owing to the quick advancements in mobile computing, the BYOD and CYOD trends are spreading throughout business settings. Hence, employees may now access organizational data via mobile devices anytime, increasing employee productivity and ensuring that organizational data is secured and kept confidential.
South & Central America Multi-Cloud Management Market Overview
Due to the growing cloud adoption in markets such as Brazil, Argentina, Colombia, Chile, El Salvador, Guatemala, and Peru, South & Central America has become a flourishing center for cloud-based digital transformation. The growing urbanization, increasing deployment of advanced technologies in industries, and improving economy are the prominent factors propelling the demand for IoT solutions, which, in turn, support the growth of the SAM multi-cloud management market. In addition, the rising demand for remote monitoring and real-time streaming solutions is aiding the need for IoT-based systems. Furthermore, the growing demand for equipment from various end-use industries, importance of real-time computing for IoT applications, and rising need for connected and wearable devices are influencing the market growth. The increase in demand for edge data centres, a requirement for cloud and edge computing, and the adoption of technologies such as big data and IoT will support the modular data centre investment from colocation, cloud, internet, and telecommunication providers. In South & Central America, cloud adoption is becoming a mainstream technology in financial services and e-commerce. Cloud-enabled services have become a key enabler of digital banking during the COVID-19 pandemic. Thus, the growing implementation of IoT and adoption of cloud technologies are anticipated to hold potential opportunities for the growth of the South & Central America multi-cloud management market.
South & Central America Multi-Cloud Management Market Segmentation
The South & Central America multi-cloud management market is segmented into component, deployment, application, verticals, and country.
- Based on component, the South & Central America multi-cloud management market is bifurcated into software and service. The software segment held a larger market share in 2022.
- Based on deployment, the South & Central America 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 South & Central America 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 South & Central America 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 South & Central America multi-cloud management market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the market share in 2022.
BMC Software, Inc.; CISCO, INC.; IBM Corporation; VMware, Inc.; Micro Focus; UnityOneCloud; and Dynatrace LLC are the leading companies operating in the South & Central America multi-cloud management market.
Table of Contents
1. Introduction1.1 Study Scope
1.2 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. SAM Multi-Cloud Management Market Landscape
4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. SAM 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. SAM Multi-Cloud Management Market - Market Analysis
6.1 SAM Multi-Cloud Management Market Revenue and Forecast to 2028 (US$ Million)
7. SAM Multi-Cloud Management Market Analysis - By Component
7.1 Overview
7.2 SAM 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. SAM Multi-Cloud Management Market Analysis - By Deployment
8.1 Overview
8.2 SAM 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. SAM Multi-Cloud Management Market Analysis - By Application
9.1 Overview
9.2 SAM 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. SAM Multi-Cloud Management Market Analysis - By Verticals
10.1 Overview
10.2 SAM 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. SAM Multi-Cloud Management Market - Country Analysis
11.1 Overview
11.1.1 SAM Multi-Cloud Management Market Breakdown, By Country
11.1.1.1 Brazil Multi-Cloud Management Market, Revenue and Forecast To 2028
11.1.1.1.1 Brazil Multi-cloud management Market Breakdown, by Component
11.1.1.1.2 Brazil Multi-Cloud Management Market Breakdown, By Deployment
11.1.1.1.3 Brazil Multi-Cloud Management Market Breakdown, By Application
11.1.1.1.4 Brazil Multi-Cloud Management Market Breakdown, By Verticals
11.1.1.2 Argentina Multi-Cloud Management Market, Revenue and Forecast To 2028
11.1.1.2.1 Argentina Multi-cloud management Market Breakdown, by Component
11.1.1.2.2 Argentina Multi-Cloud Management Market Breakdown, By Deployment
11.1.1.2.3 Argentina Multi-Cloud Management Market Breakdown, By Application
11.1.1.2.4 Argentina Multi-Cloud Management Market Breakdown, By Verticals
11.1.1.3 Rest of SAM Multi-Cloud Management Market, Revenue And Forecast To 2028
11.1.1.3.1 Rest of SAM Multi-Cloud Management Market Breakdown, By Component
11.1.1.3.2 Rest of SAM Multi-Cloud Management Market Breakdown, By Deployment
11.1.1.3.3 Rest of SAM Multi-Cloud Management Market Breakdown, By Application
11.1.1.3.4 Rest of SAM Multi-Cloud Management Market Breakdown, By Verticals
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 UnityOneCloud
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 Dynatrace LLC
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
14. Appendix
14.1 About the Publisher
14.2 Glossary of Terms
List of Tables
Table 1. SAM Multi-Cloud Management Market Revenue and Forecasts to 2028 (US$ Mn)
Table 2. SAM Multi-Cloud Management Market, Revenue and Forecast To 2028 - By Country (US$ million)
Table 3. Brazil Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Component (US$ million)
Table 4. Brazil Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Deployment (US$ million)
Table 5. Brazil Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Application (US$ million)
Table 6. Brazil Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Verticals (US$ million)
Table 7. Argentina Multi-cloud management Market, Revenue and Forecast to 2028 - by Component (US$ million)
Table 8. Argentina Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Deployment (US$ million)
Table 9. Argentina Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Application (US$ million)
Table 10. Argentina Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Verticals (US$ million)
Table 11. Rest of SAM Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Component (US$ million)
Table 12. Rest of SAM Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Deployment (US$ million)
Table 13. Rest of SAM Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Application (US$ million)
Table 14. Rest Of SAM Multi-Cloud Management Market, Revenue and Forecast to 2028 - by Verticals (US$ million)
Table 15. Glossary of Term: SAM Multi-Cloud Management Market
List of Figures
Figure 1. SAM Multi-Cloud Management Market Segmentation
Figure 2. SAM Multi-Cloud Management Market Segmentation - By Country
Figure 3. SAM multi-cloud management Market Overview
Figure 4. SAM Multi-Cloud Management Market, By Component
Figure 5. SAM Multi-Cloud Management Market, By Deployment
Figure 6. SAM Multi-Cloud Management Market, By Application
Figure 7. SAM Multi-Cloud Management Market, By Verticals
Figure 8. SAM: PEST Analysis
Figure 9. SAM Multi-Cloud Management Market Ecosystem Analysis
Figure 10. Expert Opinion
Figure 11. SAM Multi-Cloud Management Market: Impact Analysis of Drivers and Restraints
Figure 12. SAM Multi-Cloud Management Market Forecast and Analysis, (US$ Mn)
Figure 13. SAM Multi-Cloud Management Market Breakdown, By Component (2021 and 2028)
Figure 14. Software Market Revenue and Forecast to 2028(US$ Million)
Figure 15. Service Market Revenue and Forecast to 2028(US$ Million)
Figure 16. SAM Multi-Cloud Management Market Breakdown, By Deployment (2021 and 2028)
Figure 17. Public Cloud Market Revenue and Forecast to 2028(US$ Million)
Figure 18. Private Cloud Market Revenue and Forecast to 2028(US$ Million)
Figure 19. SAM Multi-Cloud Management Market Breakdown, By Application, 2021 & 2028 (%)
Figure 20. Infrastructure and Resource Management Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Identity and Policy Management Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Compliance Management Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Metering and Billing Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Provisioning and Lifecycle Management Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. SAM Multi-Cloud Management Market Breakdown, By Verticals, 2021 & 2028 (%)
Figure 26. IT and Telecom Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. BFSI Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Government Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Retail and Consumer Goods Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Travel and Hospitality Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. Healthcare and Life Science Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. Others Market Revenue and Forecast to 2028 (US$ Million)
Figure 33. SAM Multi-Cloud Management Market, by Key Country - Revenue (2021) (US$ million)
Figure 34. SAM Multi-Cloud Management Market Breakdown, by Country, 2021 & 2028 (%)
Figure 35. Brazil Multi-Cloud Management Market, Revenue and Forecast to 2028 (US$ million)
Figure 36. Argentina Multi-Cloud Management Market, Revenue and Forecast to 2028 (US$ million)
Figure 37. Rest Of SAM Multi-Cloud Management Market, Revenue and Forecast to 2028 (US$ million)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BMC Software, Inc.
- CISCO, INC.
- IBM Corporation
- VMware, Inc.
- Micro Focus
- UnityOneCloud
- Dynatrace LLC
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 123 |
| Published | January 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 271.65 Million |
| Forecasted Market Value ( USD | $ 908.46 Million |
| Compound Annual Growth Rate | 22.3% |
