Story image

APAC fuels $939 million multi-cloud management market growth

10 Nov 16

The entire multi-cloud management market is expected to hit $939 million this year and will be worth $3.4 billion by 2021, according to new forecasts from MarketsandMarkets and Reportlinker.

While the biggest market is North America, most of the growth will come from the Asia Pacific market, particularly China. China and the United States account four two thirds of the segment's global market value.

The APAC growth comes as vendor lock-ins become less attractive. However, application portability is the market's biggest challenge, the forecast reports.

In terms of service markets, task migration and integration are the largest; comprising performance management, project management and storage management segments.

Growth is also attributed to VMware's release of Cross Cloud Architecture, which Reportlinker states will be used by companies, particularly those in the financial, healthcare and energy industries who don't want to build data centers.

VMware's integration of services into the Amazon Web Services platform will also be a driver in cloud management, the report states.

The future of cloud services looks to be heading towards a combination of data centers and cloud storage, despite cloud originally being introduced to eliminate data center need, according to Reportlinker, and a new generation of services is required to meet that need.

HPE unveils AI-driven operations for ProLiant, Synergy and Apollo servers
With global learning and predictive analytics capabilities based on real-world operational data, HPE InfoSight supposedly drives down operating costs.
Deloitte bolsters AWS offerings with CloudinIT
“By joining forces we can help even more organisations adopt cloud technologies and put their customers at the heart of their digital agendas.”
Enterprises to begin closing their data centres
Dan Hushon predicts next year companies will begin bidding farewell (if they haven't already) to their onsite data centres.
Exclusive: How the separation of Amazon and AWS could affect the cloud market
"Amazon Web Services is one of the rare companies that can be a market leader but remain ruthlessly innovative and agile."
Huawei unveils new cloud region in South Africa
The announcement makes it the world’s first cloud service provider that operates a local data centre to provide cloud services in Africa.
HPE extends cloud-based AI tool InfoSight to servers
HPE asserts it is a big deal as the system can drive down operating costs, plug disruptive performance gaps, and free up time to allow IT staff to innovate.
Digital Realty opens new AU data centre – and announces another one
On the day that Digital Realty cut the ribbon for its new Sydney data centre, it revealed that it will soon begin developing another one.
'Public cloud is not a panacea' - 91% of IT leaders want hybrid
Nutanix research suggests cloud interoperability and app mobility outrank cost and security for primary hybrid cloud benefits.