Need for Effective and Efficient Monitoring Contributes to Multi-Cloud Discovery Demand

Published: Apr 2024

Global multi-cloud discovery market is anticipated to grow at a CAGR of 17.6% during the forecast period (2024-2031). Cloud discovery allows users to monitor the use of cloud services on managed devices running Windows and to block access to cloud services that were unwanted. Some of the major cloud discovery solutions include AWS Cloud Map, Docker Hub, ZooKepper, Hysterix, Eureka, and others. According to the Microsoft article published in January 2024, its flagship solution Microsoft Defender is a cloud discovery solution that analyzes traffic logs against more than 31,000 cloud app catalogues. 

Browse the full report description of “Multi-Cloud Discovery Market Size, Share & Trends Analysis Report by Solutions (Application Discovery and Infrastructure Discovery), by Services (Professional Services and Managed Services), and by Vertical (BFSI, Telecommunications and ITEs, Government & Public Sector, Retail & Consumer Goods, Transportation & Logistics, Healthcare, and Others) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/multi-cloud-discovery-market

Multi-cloud discovery solutions play a pivotal role in offering accurate information on Configuration Items (CI) and relationships, identifying applications that are at risk, and ensuring efficient monitoring of entire multi-cloud environments to implement the enterprise cloud strategy. Globally, there are several issues of cloud misconfiguration which may grant attackers unauthorized access to the system functions and sensitive data. According to the estimates released by Microsoft Corp. at least 99.0%of cloud security will be diagnosed owing to misconfiguration by customers. Also, in 2019 around 196 data breaches were caused by cloud misconfiguration only.

Number of Misconfiguration by Service Type, 2019

number of misconfiguration by service type

Source: DivvCloud

Market Coverage

The market number available for – 2023-2031

Base year- 2023

Forecast period- 2024-2031

Segment Covered- 

o By Solutions

o By Services

o By Vertical

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- Amazon Web Services, Inc., BMC Software, Inc., Microsoft Corp., and Puppet, Inc. (Perforce Software, Inc., a Delaware Corp.), among others.

Key questions addressed by the report.

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Multi-Cloud Discovery Market Report Segment

By Solutions

  • Application Discovery
  • Infrastructure Discovery

By Services

  • Professional Services
  • Managed Services

By Vertical

  • BFSI
  • Telecommunications and ITEs
  • Government and Public Sector
  • Retail and Consumer Goods
  • Transportation and Logistics
  • Healthcare
  • Others (Media & Entertainment, Manufacturing)

Global Multi-Cloud Discovery Market Report Segment by Region

North America

United States

Canada 

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

The Middle East & Africa


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