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Multi-Cloud Networking In Fintech Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 | Amazon Web Services Inc., International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Google Cloud, VMware Inc., Eq
As per the report, the multi-cloud networking in fintech market size has grown exponentially in recent years. It will grow from $0.53 billion in 2023 to $0.64 billion in 2024 at a compound annual growth rate (CAGR) of 21.0%. The multi-cloud networking in fintech market size is expected to see exponential growth in the next few years. It will grow to $1.39 billion in 2028 at a compound annual growth rate (CAGR) of 21.3%.Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=16747&type=smp
Rising Cloud Computing Adoption Drives Multi-Cloud Networking Growth In Fintech Market
The rising adoption of cloud computing is expected to propel the growth of multi-cloud networking in the fintech market going forward. Cloud computing involves providing various services over the internet, enabling users to access resources as needed without managing them directly. The adoption of cloud computing is due to its scalability, cost efficiency, flexibility, support for innovation, and robust disaster recovery and security features. In fintech, cloud computing supports multi-cloud networking using multiple cloud providers, improving performance, security, and regulatory compliance. For instance, in December 2023, according to the European Union, a Netherlands-based international organization, the percentage of EU businesses that bought cloud computing services increased by 4.2 percentage points in 2023 compared to 2021. Therefore, the rising adoption of cloud computing is driving the growth of multi-cloud networking in the fintech market.
EFIG's Multi-Cloud Platform Integrates Artificial Intelligence (AI) And Big Data To Revolutionize Egypt's Fintech Sector
Major companies operating in multi-cloud networking in the fintech market focus on developing innovative solutions such as multi-cloud platforms. A multi-cloud platform is an integrated environment that allows organizations to manage and deploy applications and workloads across multiple cloud computing services or platforms. For instance, in November 2022, eFinance Investment Group (EFIG), an Egypt-based investment management company, launched Egypt's largest multi-cloud platform in collaboration with 13 global tech companies during the Cairo ICT 2022 exhibition. This platform combines advanced global technologies to support digital transformation across various sectors. The key features include secure computing technologies, various digital services, cloud platforms, cybersecurity applications, AI, and big data processing. This platform is designed to aid the Central Bank of Egypt's digital transformation efforts and support digital banks and fintech startups, ensuring compliance with industry standards for digital transactions.
The multi-cloud networking in fintech market covered in this report is segmented -
1) By Component: Solution, Service
2) By Deployment Model: Public Cloud, Private Cloud, Hybrid Cloud
3) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
4) By End-User: Banks And Financial Institutions, Payments Service Providers, Insurance Companies, Investment Firms
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Major companies operating in the multi-cloud networking in fintech market are Amazon Web Services Inc., International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Google Cloud, VMware Inc., Equinix Inc., Palo Alto Networks, Juniper Networks Inc., Fortinet Inc., Arista Networks Inc., Cloud Software Group Inc., Akamai Technologies, F5 Inc., Nutanix, Zscaler, Cloudflare Inc., Versa Networks inc., Megaport, Aviatrix, NetFoundry
Contents of the report:
1. Executive Summary
2. Multi-Cloud Networking In Fintech Market Report Structure
3. Multi-Cloud Networking In Fintech Market Trends And Strategies
4. Multi-Cloud Networking In Fintech Market - Macro Economic Scenario
5. Multi-Cloud Networking In Fintech Market Size And Growth
…..
27. Multi-Cloud Networking In Fintech Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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