The North America Multi-Cloud Networking Market would witness market growth of 20.6% CAGR during the forecast period (2022-2028).
Various vendors are collaborating to develop multi-cloud networking software (MCNS), an emerging technology. MCNS products handle traffic routing, secure ingress/egress, and public cloud service integration. These products are distributed as software that can be self-managed and offered as a service, and are accessible through application programming interfaces, also called APIs, and user interfaces (UIs).
MCNS products can leverage overlays and agents to orchestrate native cloud vendor capabilities as they can be implemented in one or more public cloud environments and the software can be extended to handle edge locations as well as private data. Multi-cloud networking increases the productivity of NetOps by facilitating the configuration and setup of native cloud resources, such as AWS transit gateways or virtual networks within Azure as well as GCP.
It securely links various clouds across the Internet, the organization's backbone, or a global Network. The evolution of the cloud has presented networking with both obstacles and opportunities. With businesses and corporations beginning to employ different cloud services, including both public and private clouds, they require improved software-defined network connectivity for these resources.
In terms of cloud computing adoption, the United States is the most developed market. This is owing to the United States' early adoption and utilization of cloud-based networks. Organizations in both the United States and Canada have taken significant steps toward adopting the most advanced digital technologies. In the United States and Canada, the expansion of multi-cloud software-defined networking technologies would be fueled by the high internet usage and plans by government agencies to partially migrate to the cloud to improve information services.
The US market dominated the North America Multi-Cloud Networking Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,189.3 million by 2028. The Canada market is poised to grow at a CAGR of 23.3% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 22.3% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Multi-Cloud Networking Market is Estimated to reach $8.9 Billion by 2028, at a CAGR of 22.3%
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:
By Component
- Solution
- Multi-Cloud Management
- Others
- Services
- Integration & Implementation
- Consulting, Training & Support
By Organization Size
- Large Enterprises
- Small & Medium-sized Enterprises (SMEs)
By Deployment Mode
- Public Cloud
- Private Cloud
By Vertical
- BFSI
- IT, ITeS & Telecom
- Manufacturing, Transportation & Logistics
- Healthcare
- Energy & Utilities
- Retail & eCommerce
- Media & Entertainment and Others
By Country
- US
- Canada
- Mexico
- Rest of North America
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.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Multi-Cloud Networking Market, by Component
1.4.2 North America Multi-Cloud Networking Market, by Organization Size
1.4.3 North America Multi-Cloud Networking Market, by Deployment Mode
1.4.4 North America Multi-Cloud Networking Market, by Vertical
1.4.5 North America Multi-Cloud Networking Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Acquisitions and Mergers :2018, Feb – 2022, Feb) Leading Players
Chapter 4. North America Multi-Cloud Networking Market by Component
4.1 North America Solution Market by Country
4.2 North America Multi-Cloud Networking Market by Solution Type
4.2.1 North America Multi-Cloud Management Market by Country
4.2.2 North America Others Market by Country
4.3 North America Services Market by Country
4.4 North America Multi-Cloud Networking Market by Services Type
4.4.1 North America Integration & Implementation Market by Country
4.4.2 North America Consulting, Training & Support Market by Country
Chapter 5. North America Multi-Cloud Networking Market by Organization Size
5.1 North America Large Enterprises Market by Country
5.2 North America Small & Medium-sized Enterprises (SMEs) Market by Country
Chapter 6. North America Multi-Cloud Networking Market by Deployment Mode
6.1 North America Public Cloud Market by Country
6.2 North America Private Cloud Market by Country
Chapter 7. North America Multi-Cloud Networking Market by Vertical
7.1 North America BFSI Market by Country
7.2 North America IT, ITeS & Telecom Market by Country
7.3 North America Manufacturing, Transportation & Logistics Market by Country
7.4 North America Healthcare Market by Country
7.5 North America Energy & Utilities Market by Country
7.6 North America Retail & eCommerce Market by Country
7.7 North America Media & Entertainment and Others Market by Country
Chapter 8. North America Multi-Cloud Networking Market by Country
8.1 US Multi-Cloud Networking Market
8.1.1 US Multi-Cloud Networking Market by Component
8.1.1.1 US Multi-Cloud Networking Market by Solution Type
8.1.1.2 US Multi-Cloud Networking Market by Services Type
8.1.2 US Multi-Cloud Networking Market by Organization Size
8.1.3 US Multi-Cloud Networking Market by Deployment Mode
8.1.4 US Multi-Cloud Networking Market by Vertical
8.2 Canada Multi-Cloud Networking Market
8.2.1 Canada Multi-Cloud Networking Market by Component
8.2.1.1 Canada Multi-Cloud Networking Market by Solution Type
8.2.1.2 Canada Multi-Cloud Networking Market by Services Type
8.2.2 Canada Multi-Cloud Networking Market by Organization Size
8.2.3 Canada Multi-Cloud Networking Market by Deployment Mode
8.2.4 Canada Multi-Cloud Networking Market by Vertical
8.3 Mexico Multi-Cloud Networking Market
8.3.1 Mexico Multi-Cloud Networking Market by Component
8.3.1.1 Mexico Multi-Cloud Networking Market by Solution Type
8.3.1.2 Mexico Multi-Cloud Networking Market by Services Type
8.3.2 Mexico Multi-Cloud Networking Market by Organization Size
8.3.3 Mexico Multi-Cloud Networking Market by Deployment Mode
8.3.4 Mexico Multi-Cloud Networking Market by Vertical
8.4 Rest of North America Multi-Cloud Networking Market
8.4.1 Rest of North America Multi-Cloud Networking Market by Component
8.4.1.1 Rest of North America Multi-Cloud Networking Market by Solution Type
8.4.1.2 Rest of North America Multi-Cloud Networking Market by Services Type
8.4.2 Rest of North America Multi-Cloud Networking Market by Organization Size
8.4.3 Rest of North America Multi-Cloud Networking Market by Deployment Mode
8.4.4 Rest of North America Multi-Cloud Networking Market by Vertical
Chapter 9. Company Profiles
9.1 Oracle Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.6 SWOT Analysis
9.2 VMware, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.5.2 Acquisition and Mergers:
9.3 F5 Networks, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.5.3 Acquisition and Mergers:
9.4 Hewlett Packard Enterprise Company
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 Nutanix, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expenses
9.6 Cisco Systems, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 Juniper Networks, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Acquisition and Mergers:
9.8 Citrix Systems, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 Versa Networks, Inc.
9.9.1 Company Overview
9.10. Cloudflare, Inc.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Partnerships, Collaborations, and Agreements:
9.10.5.2 Acquisition and Mergers:
TABLE 1 North America Multi-Cloud Networking Market, 2018 - 2021, USD Million
TABLE 2 North America Multi-Cloud Networking Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Multi-Cloud Networking Market
TABLE 4 Product Launches And Product Expansions – Multi-Cloud Networking Market
TABLE 5 Acquisition and Mergers – Multi-Cloud Networking Market
TABLE 6 North America Multi-Cloud Networking Market by Component, 2018 - 2021, USD Million
TABLE 7 North America Multi-Cloud Networking Market by Component, 2022 - 2028, USD Million
TABLE 8 North America Solution Market by Country, 2018 - 2021, USD Million
TABLE 9 North America Solution Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Multi-Cloud Networking Market by Solution Type, 2018 - 2021, USD Million
TABLE 11 North America Multi-Cloud Networking Market by Solution Type, 2022 - 2028, USD Million
TABLE 12 North America Multi-Cloud Management Market by Country, 2018 - 2021, USD Million
TABLE 13 North America Multi-Cloud Management Market by Country, 2022 - 2028, USD Million
TABLE 14 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Services Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Services Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Multi-Cloud Networking Market by Services Type, 2018 - 2021, USD Million
TABLE 19 North America Multi-Cloud Networking Market by Services Type, 2022 - 2028, USD Million
TABLE 20 North America Integration & Implementation Market by Country, 2018 - 2021, USD Million
TABLE 21 North America Integration & Implementation Market by Country, 2022 - 2028, USD Million
TABLE 22 North America Consulting, Training & Support Market by Country, 2018 - 2021, USD Million
TABLE 23 North America Consulting, Training & Support Market by Country, 2022 - 2028, USD Million
TABLE 24 North America Multi-Cloud Networking Market by Organization Size, 2018 - 2021, USD Million
TABLE 25 North America Multi-Cloud Networking Market by Organization Size, 2022 - 2028, USD Million
TABLE 26 North America Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 27 North America Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 28 North America Small & Medium-sized Enterprises (SMEs) Market by Country, 2018 - 2021, USD Million
TABLE 29 North America Small & Medium-sized Enterprises (SMEs) Market by Country, 2022 - 2028, USD Million
TABLE 30 North America Multi-Cloud Networking Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 31 North America Multi-Cloud Networking Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 32 North America Public Cloud Market by Country, 2018 - 2021, USD Million
TABLE 33 North America Public Cloud Market by Country, 2022 - 2028, USD Million
TABLE 34 North America Private Cloud Market by Country, 2018 - 2021, USD Million
TABLE 35 North America Private Cloud Market by Country, 2022 - 2028, USD Million
TABLE 36 North America Multi-Cloud Networking Market by Vertical, 2018 - 2021, USD Million
TABLE 37 North America Multi-Cloud Networking Market by Vertical, 2022 - 2028, USD Million
TABLE 38 North America BFSI Market by Country, 2018 - 2021, USD Million
TABLE 39 North America BFSI Market by Country, 2022 - 2028, USD Million
TABLE 40 North America IT, ITeS & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 41 North America IT, ITeS & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 42 North America Manufacturing, Transportation & Logistics Market by Country, 2018 - 2021, USD Million
TABLE 43 North America Manufacturing, Transportation & Logistics Market by Country, 2022 - 2028, USD Million
TABLE 44 North America Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 45 North America Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 46 North America Energy & Utilities Market by Country, 2018 - 2021, USD Million
TABLE 47 North America Energy & Utilities Market by Country, 2022 - 2028, USD Million
TABLE 48 North America Retail & eCommerce Market by Country, 2018 - 2021, USD Million
TABLE 49 North America Retail & eCommerce Market by Country, 2022 - 2028, USD Million
TABLE 50 North America Media & Entertainment and Others Market by Country, 2018 - 2021, USD Million
TABLE 51 North America Media & Entertainment and Others Market by Country, 2022 - 2028, USD Million
TABLE 52 North America Multi-Cloud Networking Market by Country, 2018 - 2021, USD Million
TABLE 53 North America Multi-Cloud Networking Market by Country, 2022 - 2028, USD Million
TABLE 54 US Multi-Cloud Networking Market, 2018 - 2021, USD Million
TABLE 55 US Multi-Cloud Networking Market, 2022 - 2028, USD Million
TABLE 56 US Multi-Cloud Networking Market by Component, 2018 - 2021, USD Million
TABLE 57 US Multi-Cloud Networking Market by Component, 2022 - 2028, USD Million
TABLE 58 US Multi-Cloud Networking Market by Solution Type, 2018 - 2021, USD Million
TABLE 59 US Multi-Cloud Networking Market by Solution Type, 2022 - 2028, USD Million
TABLE 60 US Multi-Cloud Networking Market by Services Type, 2018 - 2021, USD Million
TABLE 61 US Multi-Cloud Networking Market by Services Type, 2022 - 2028, USD Million
TABLE 62 US Multi-Cloud Networking Market by Organization Size, 2018 - 2021, USD Million
TABLE 63 US Multi-Cloud Networking Market by Organization Size, 2022 - 2028, USD Million
TABLE 64 US Multi-Cloud Networking Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 65 US Multi-Cloud Networking Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 66 US Multi-Cloud Networking Market by Vertical, 2018 - 2021, USD Million
TABLE 67 US Multi-Cloud Networking Market by Vertical, 2022 - 2028, USD Million
TABLE 68 Canada Multi-Cloud Networking Market, 2018 - 2021, USD Million
TABLE 69 Canada Multi-Cloud Networking Market, 2022 - 2028, USD Million
TABLE 70 Canada Multi-Cloud Networking Market by Component, 2018 - 2021, USD Million
TABLE 71 Canada Multi-Cloud Networking Market by Component, 2022 - 2028, USD Million
TABLE 72 Canada Multi-Cloud Networking Market by Solution Type, 2018 - 2021, USD Million
TABLE 73 Canada Multi-Cloud Networking Market by Solution Type, 2022 - 2028, USD Million
TABLE 74 Canada Multi-Cloud Networking Market by Services Type, 2018 - 2021, USD Million
TABLE 75 Canada Multi-Cloud Networking Market by Services Type, 2022 - 2028, USD Million
TABLE 76 Canada Multi-Cloud Networking Market by Organization Size, 2018 - 2021, USD Million
TABLE 77 Canada Multi-Cloud Networking Market by Organization Size, 2022 - 2028, USD Million
TABLE 78 Canada Multi-Cloud Networking Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 79 Canada Multi-Cloud Networking Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 80 Canada Multi-Cloud Networking Market by Vertical, 2018 - 2021, USD Million
TABLE 81 Canada Multi-Cloud Networking Market by Vertical, 2022 - 2028, USD Million
TABLE 82 Mexico Multi-Cloud Networking Market, 2018 - 2021, USD Million
TABLE 83 Mexico Multi-Cloud Networking Market, 2022 - 2028, USD Million
TABLE 84 Mexico Multi-Cloud Networking Market by Component, 2018 - 2021, USD Million
TABLE 85 Mexico Multi-Cloud Networking Market by Component, 2022 - 2028, USD Million
TABLE 86 Mexico Multi-Cloud Networking Market by Solution Type, 2018 - 2021, USD Million
TABLE 87 Mexico Multi-Cloud Networking Market by Solution Type, 2022 - 2028, USD Million
TABLE 88 Mexico Multi-Cloud Networking Market by Services Type, 2018 - 2021, USD Million
TABLE 89 Mexico Multi-Cloud Networking Market by Services Type, 2022 - 2028, USD Million
TABLE 90 Mexico Multi-Cloud Networking Market by Organization Size, 2018 - 2021, USD Million
TABLE 91 Mexico Multi-Cloud Networking Market by Organization Size, 2022 - 2028, USD Million
TABLE 92 Mexico Multi-Cloud Networking Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 93 Mexico Multi-Cloud Networking Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 94 Mexico Multi-Cloud Networking Market by Vertical, 2018 - 2021, USD Million
TABLE 95 Mexico Multi-Cloud Networking Market by Vertical, 2022 - 2028, USD Million
TABLE 96 Rest of North America Multi-Cloud Networking Market, 2018 - 2021, USD Million
TABLE 97 Rest of North America Multi-Cloud Networking Market, 2022 - 2028, USD Million
TABLE 98 Rest of North America Multi-Cloud Networking Market by Component, 2018 - 2021, USD Million
TABLE 99 Rest of North America Multi-Cloud Networking Market by Component, 2022 - 2028, USD Million
TABLE 100 Rest of North America Multi-Cloud Networking Market by Solution Type, 2018 - 2021, USD Million
TABLE 101 Rest of North America Multi-Cloud Networking Market by Solution Type, 2022 - 2028, USD Million
TABLE 102 Rest of North America Multi-Cloud Networking Market by Services Type, 2018 - 2021, USD Million
TABLE 103 Rest of North America Multi-Cloud Networking Market by Services Type, 2022 - 2028, USD Million
TABLE 104 Rest of North America Multi-Cloud Networking Market by Organization Size, 2018 - 2021, USD Million
TABLE 105 Rest of North America Multi-Cloud Networking Market by Organization Size, 2022 - 2028, USD Million
TABLE 106 Rest of North America Multi-Cloud Networking Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 107 Rest of North America Multi-Cloud Networking Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 108 Rest of North America Multi-Cloud Networking Market by Vertical, 2018 - 2021, USD Million
TABLE 109 Rest of North America Multi-Cloud Networking Market by Vertical, 2022 - 2028, USD Million
TABLE 110 Key Information – Oracle Corporation
TABLE 111 Key information – VMware, Inc.
TABLE 112 Key Information – F5 Networks, Inc.
TABLE 113 key information – Hewlett Packard Enterprise Company
TABLE 114 Key Information – Nutanix, Inc.
TABLE 115 Key Information – Cisco Systems, Inc.
TABLE 116 Key Information – Juniper Networks, Inc.
TABLE 117 Key Information – Citrix Systems, Inc.
TABLE 118 Key Information – Versa Networks, Inc.
TABLE 119 Key Information – Cloudflare, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Acquisitions and Mergers : 2018, Feb – 2022, Feb) Leading Players
FIG 6 SWOT analysis: Oracle Corporation
FIG 7 Recent strategies and developments: VMware, Inc.
FIG 8 Recent strategies and developments: F5 Networks, Inc.
FIG 9 SWOT analysis: Hewlett-Packard enterprise Company
FIG 10 SWOT Analysis: Cisco Systems, Inc.
FIG 11 SWOT Analysis: Citrix Systems, Inc.