Multi-Cloud Management Market Grow at CAGR of +29% by 2022- Global Forecast, Market Overview, Manufacturing Cost Analysis, Marketing Strategy Analysis and Key Player
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). The major factors driving the growth of the market are unreliability of single cloud types, growing inclination towards price-sensitive cloud deployments, vendor lock-in issues, and growing need for policy compliance from regulatory bodies for data protection.
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