Multi-Cloud Networking Market Size and Share

Multi-Cloud Networking Market (2025 - 2030)
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Multi-Cloud Networking Market Analysis by Mordor Intelligence

The multi-cloud networking market reached USD 5.02 billion in 2025 and is projected to climb to USD 10.16 billion by 2030, reflecting a brisk 22.84% CAGR. Demand is accelerating as enterprises redesign their architectures around distributed clouds that must exchange data with minimal latency, consistent security and predictable costs. Vendor-agnostic fabrics, AI-ready interconnects and automated policy engines now sit at the center of procurement plans as organizations sidestep lock-in, rebalance workloads in real time and comply with tightening data-residency mandates. Market momentum also benefits from the surge in AI inference traffic across geographically spread edge nodes, which amplifies the need for deterministic, application-aware paths that span several public and private clouds. In parallel, egress-fee management tools and pay-as-you-grow connectivity models strengthen business cases among cost-sensitive adopters. 

Key Report Takeaways

  • By component, solutions led with 63.4% revenue share in 2024, while services are forecast to expand at a 24.9% CAGR through 2030. 
  • By deployment mode, public cloud captured 66.7% of the multi-cloud networking market share in 2024; hybrid cloud is projected to grow at a 27.5% CAGR to 2030. 
  • By end-user enterprise size, large enterprises accounted for 72% share of the multi-cloud networking market size in 2024, whereas SMEs are advancing at a 28.4% CAGR. 
  • By end-user industry, BFSI maintained leadership with 23.9% share in 2024; healthcare is on track for the fastest 31.1% CAGR through 2030. 
  • By geography, North America held 41.5% share in 2024, yet Asia-Pacific is poised to expand at a 26.4% CAGR to 2030.

Segment Analysis

By Component: Services Gain Momentum as Platforms Mature

Solutions accounted for 63.4% of revenue in 2024 as enterprises favored integrated offerings that bundle control, data and orchestration layers in a single stack. This dominance underscores confidence in turnkey toolsets that alleviate do-it-yourself integration burdens across disparate clouds. Yet services are expanding at a 24.9% CAGR, signaling a rising preference for outside expertise during design, implementation and lifecycle management. The multi-cloud networking market size for services stood at USD 1.84 billion in 2025 and is on pace to more than double by 2030, reflecting growing reliance on managed and professional services alongside in-house skills refinement.

Growth in services is accentuated by AI-assisted operations delivered through Network-as-a-Service contracts. Cisco and its partners now embed predictive analytics to pre-empt congestion and automate ticket resolution. Such managed innovations appeal to resource-constrained IT teams that value outcome-based SLAs over hardware ownership. Vendors that package consulting, deployment and AI-driven support together are capturing wallet share among both incumbents and new adopters, helping the multi-cloud networking market reach broader organizational tiers.

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By Deployment Mode: Hybrid Cloud Ascends from Niche to Norm

Public cloud continues to dominate with 66.7% share in 2024 thanks to its elastic resource model and rapid on-ramp for new workloads. However, hybrid adoption is racing ahead at a 27.5% CAGR as enterprises refine strategies to optimize cost, latency and compliance simultaneously. The multi-cloud networking market size tied to hybrid architectures is projected to approach USD 4 billion by 2030, underpinned by demand for policy-driven path selection that bridges on-premises facilities with multiple public clouds.

Healthcare organizations illustrate the trend; many retain patient records on private clouds yet run analytics in hyperscale environments to accelerate research. Huawei Cloud’s 106% hybrid revenue spike in 2023 offers further evidence of this pivot. Networking vendors that deliver unified control planes across underlays, overlays and security zones will remain pivotal as hybrid designs shift from experimental to mainstream across regulated industries.

By End-User Enterprise Size: Democratization Unlocks SME Potential

Large enterprises commanded 72% of the multi-cloud networking market in 2024, leveraging deep technical teams and sizeable budgets to pursue advanced workload distribution strategies. Their implementations prioritize global redundancy, AI-optimized routing and granular compliance controls across hundreds of business units. In contrast, SMEs are expanding involvement at a 28.4% CAGR as simplified orchestration and subscription-based pricing dismantle historic barriers. The multi-cloud networking market share attributable to SMEs is forecast to near 30% by 2030, reflecting democratization through low-code toolsets and bundled managed services.

Solutions such as Peplink’s SpeedFusion Cloud let smaller banks like Cantilan in the Philippines mesh public clouds with branch offices without specialized staff peplink. Consumption-based models align costs with usage, enabling SMEs to adopt enterprise-grade resilience and performance at predictable price points. As vendor roadmaps prioritize intuitive dashboards and automated compliance templates, SMEs are expected to accelerate digital transformation using multi-cloud fabrics once limited to global corporations.

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By End-User Industry: Healthcare Surges Ahead of BFSI Stronghold

BFSI retained leadership with 23.9% share in 2024 owing to early cloud adoption, stringent uptime mandates and cross-border regulatory obligations that favor provider diversification. Yet healthcare is registering a 31.1% CAGR, the fastest among all verticals, as hospitals digitalize records, enable tele-medicine and run AI diagnostics that span clouds. This expansion is set to lift healthcare’s portion of the multi-cloud networking market size from USD 0.46 billion in 2025 to well above USD 2 billion by 2030.

Phoenix Children’s Hospital moved to a cloud-delivered Zscaler platform to safeguard clinical data while ensuring seamless access across multiple providers. Similar initiatives propel demand for deterministic routing, zero-trust overlays and automated audit reporting. Manufacturing and telecom sectors also accelerate, but healthcare’s need for fast, secure data exchange between edge imaging devices and centralized AI engines positions it as the primary growth engine over the next five years within the multi-cloud networking industry.

Geography Analysis

North America’s 41.5% share in 2024 is anchored by a dense concentration of hyperscalers, mature broadband infrastructure and an active venture capital ecosystem funding start-ups that aim to streamline multi-cloud orchestration. Financial institutions and digital-native companies routinely interconnect data centers with multiple clouds, driving innovation in AI-ready fabrics, 400 Gbps optics and egress-cost analytics. Regional momentum is reinforced by initiatives like Lumen and Google Cloud’s partnership to bring high-capacity fiber paths that simplify hybrid cloud adoption.

Asia-Pacific, while smaller today, is forecast to grow at 26.4% CAGR as data-sovereignty mandates in India, Indonesia and South Korea oblige localized processing yet still demand global reach. Governments promote sovereign-cloud contracts and tax incentives that nudge enterprises toward multi-cloud designs capable of enforcing jurisdiction-aware routing. Projects such as Malaysia’s multi-operator core network show how telcos are laying nationwide backbones optimized for low-latency cloud connectivity[3]Lily Newman, “Digital Nasional Berhad Builds World’s First Multi-Operator Core Network,” ericsson.com. Despite divergent economic maturity, both developed and emerging Asia-Pacific markets are converging on the same architectural requirement: interconnectivity that adapts instantly to shifting compliance and performance needs, sustaining robust expansion of the multi-cloud networking market.

Europe maintains steady uptake powered by GDPR and digital-sovereignty goals. Enterprises prefer architectures that can localize personal data while using US-based clouds for high-performance compute. VMware’s guidance on trans-Atlantic data flows underscores the complexity of reconciling privacy and performance at scale. Vendors proficient in granular geo-fencing and audit-grade logging are well positioned as the region invests in cloud exchanges and AI-specific links. Emerging momentum in the Middle East, Africa and South America shows similar patterns, though adoption hinges on carrier-neutral edge data centers and affordable backhaul. Collectively, these geographies will keep the multi-cloud networking market on a high-growth trajectory through 2030.

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Competitive Landscape

Competition is fragmented as legacy networking titans, cloud-native software vendors and hyperscalers battle for architectural mindshare. Cisco earmarked USD 1 billion for an AI investment fund, pairing its Silicon One switching silicon with NVIDIA’s Spectrum-X to ease deployment of AI clusters both on-premises and across clouds. HPE’s USD 14 billion acquisition of Juniper and IBM’s USD 6.4 billion deal for HashiCorp illustrate a land-grab for software talent able to unify networking, security and automation into a single control fabric.

Software-first disruptors such as Aviatrix, Alkira and Prosimo focus on abstracting cloud idiosyncrasies behind policy-driven overlays that integrate routing, segmentation and cost analytics. Their agility resonates with enterprises looking for cloud-agnostic operations without forklift hardware upgrades. Meanwhile, hyperscalers extend offerings like Google Cloud WAN, promising 40% faster performance and 40% lower TCO versus self-managed WANs. Such moves threaten to commoditize third-party interconnect providers, yet also expand the total addressable multi-cloud networking market by easing initial adoption.

Strategic differentiation centers on three axes: embedded AI, zero-trust security and consumption-based pricing. Vendors that unify these attributes while supporting multilateral partnerships—covering SD-WAN, SASE, observability and edge compute—will outpace rivals. White-space opportunities remain in vertical-specific compliance, GPU fabric automation and federated edge-cloud orchestration. Given robust venture investment and constant MandA, the competitive field will likely consolidate around platforms offering end-to-end simplicity without compromising performance.

Multi-Cloud Networking Industry Leaders

  1. Akamai technologies

  2. Cisco Systems, Inc.

  3. F5, Inc.

  4. Juniper Networks Inc.

  5. VMware Inc.

  6. *Disclaimer: Major Players sorted in no particular order
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Recent Industry Developments

  • June 2025: Cisco unveiled a secure network architecture aimed at accelerating workplace AI transformation, featuring AI-powered management and devices engineered for low-latency inference.
  • May 2025: Arista Networks surpassed USD 2 billion quarterly revenue for the first time, propelled by AI networking demand and new cluster load-balancing features.
  • April 2025: Google Cloud introduced Cloud WAN for the AI Era, delivering up to 40% faster performance than public internet paths while cutting TCO by the same margin.
  • March 2025: Cisco and NVIDIA expanded their partnership to build a unified architecture for AI-ready data center networks that combine Cisco Silicon One with NVIDIA Spectrum-X.

Table of Contents for Multi-Cloud Networking Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Surging adoption of IaaS / PaaS / SaaS
    • 4.2.2 Avoiding vendor lock-in strategies
    • 4.2.3 Edge-computing led low-latency connectivity demand
    • 4.2.4 Regulatory data-residency compliance
    • 4.2.5 AI workload inter-cloud GPU fabric demand
    • 4.2.6 Egress-fee optimisation monetisation
  • 4.3 Market Restraints
    • 4.3.1 Limited multi-cloud networking skills
    • 4.3.2 Security and compliance complexity
    • 4.3.3 Legacy on-prem integration hurdles
    • 4.3.4 Hyperscaler integrated WAN cannibalisation
  • 4.4 Evaluation of Critical Regulatory Framework
  • 4.5 Technological Outlook
  • 4.6 Porter's Five Forces
    • 4.6.1 Bargaining Power of Suppliers
    • 4.6.2 Bargaining Power of Buyers
    • 4.6.3 Threat of New Entrants
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Competitive Rivalry
  • 4.7 Impact Assessment of Key Stakeholders
  • 4.8 Key Use Cases and Case Studies
  • 4.9 Impact on Macroeconomic Factors of the Market
  • 4.10 Investment Analysis

5. MARKET SIZE AND GROWTH FORECAST (VALUE)

  • 5.1 By Component
    • 5.1.1 Solutions
    • 5.1.2 Services
  • 5.2 By Deployment Mode
    • 5.2.1 Public Cloud
    • 5.2.2 Private Cloud
    • 5.2.3 Hybrid Cloud
  • 5.3 By End-User Enterprise Size
    • 5.3.1 Large Enterprises
    • 5.3.2 Small and Medium Enterprises
  • 5.4 By End-User Industry
    • 5.4.1 BFSI
    • 5.4.2 IT and Telecom
    • 5.4.3 Retail and E-Commerce
    • 5.4.4 Healthcare
    • 5.4.5 Manufacturing
    • 5.4.6 Energy and Utilities
    • 5.4.7 Government and Public Sector
    • 5.4.8 Other Industries
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Rest of South America
    • 5.5.3 Europe
    • 5.5.3.1 United Kingdom
    • 5.5.3.2 Germany
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 Nordics
    • 5.5.3.7 Rest of Europe
    • 5.5.4 Middle East and Africa
    • 5.5.4.1 Middle East
    • 5.5.4.1.1 Saudi Arabia
    • 5.5.4.1.2 United Arab Emirates
    • 5.5.4.1.3 Turkey
    • 5.5.4.1.4 Rest of Middle East
    • 5.5.4.2 Africa
    • 5.5.4.2.1 South Africa
    • 5.5.4.2.2 Egypt
    • 5.5.4.2.3 Nigeria
    • 5.5.4.2.4 Rest of Africa
    • 5.5.5 Asia-Pacific
    • 5.5.5.1 China
    • 5.5.5.2 India
    • 5.5.5.3 Japan
    • 5.5.5.4 South Korea
    • 5.5.5.5 ASEAN
    • 5.5.5.6 Australia
    • 5.5.5.7 New Zealand
    • 5.5.5.8 Rest of Asia-Pacific

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Akamai Technologies, Inc
    • 6.4.2 Cisco Systems, Inc
    • 6.4.3 Citrix Systems, Inc
    • 6.4.4 Cloudflare, Inc
    • 6.4.5 F5, Inc
    • 6.4.6 Hewlett Packard Enterprise Development LP
    • 6.4.7 Juniper Networks, Inc
    • 6.4.8 Nutanix, Inc
    • 6.4.9 Oracle Corporation
    • 6.4.10 VMware, Inc
    • 6.4.11 Alkira, Inc
    • 6.4.12 Aviatrix Systems, Inc
    • 6.4.13 Megaport Limited
    • 6.4.14 Equinix, Inc
    • 6.4.15 Arista Networks, Inc
    • 6.4.16 International Business Machines Corporation
    • 6.4.17 Google LLC
    • 6.4.18 Microsoft Corporation
    • 6.4.19 Extreme Networks, Inc
    • 6.4.20 Illumio, Inc

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-need Assessment
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Research Methodology Framework and Report Scope

Market Definitions and Key Coverage

Our study defines the multi-cloud networking market as the revenue generated from software-defined overlays, cloud transit gateways, virtual routers, and related orchestration services that interconnect two or more public or private clouds and present a unified network fabric to enterprise workloads.

Scope Exclusions: Stand-alone cloud management consoles, edge hardware, and generic WAN services are outside our purview.

Segmentation Overview

  • By Component
    • Solutions
    • Services
  • By Deployment Mode
    • Public Cloud
    • Private Cloud
    • Hybrid Cloud
  • By End-User Enterprise Size
    • Large Enterprises
    • Small and Medium Enterprises
  • By End-User Industry
    • BFSI
    • IT and Telecom
    • Retail and E-Commerce
    • Healthcare
    • Manufacturing
    • Energy and Utilities
    • Government and Public Sector
    • Other Industries
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
      • Nordics
      • Rest of Europe
    • Middle East and Africa
      • Middle East
        • Saudi Arabia
        • United Arab Emirates
        • Turkey
        • Rest of Middle East
      • Africa
        • South Africa
        • Egypt
        • Nigeria
        • Rest of Africa
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • ASEAN
      • Australia
      • New Zealand
      • Rest of Asia-Pacific

Detailed Research Methodology and Data Validation

Primary Research

We conducted structured interviews with cloud network architects, procurement heads in BFSI, and leading managed service providers across North America, Europe, and Asia-Pacific. Respondents validated adoption hurdles, realistic per-VPC pricing, and regional latency thresholds that influence vendor selection, letting us fine-tune model assumptions and close data gaps.

Desk Research

Mordor analysts began by mapping the addressable install base through open databases such as the US Federal Communications Commission cloud interconnect filings, Eurostat ICT usage surveys, Australia's Digital Economy data sets, and patent families extracted from Questel that reference "multi-cloud transit gateway." Company 10-Ks, investor decks, and D&B Hoovers financials then provided spend ratios between connectivity, security, and management layers, which are critical for revenue apportioning. In addition, industry associations, such as the Cloud Native Computing Foundation, MEF, and the Asia Cloud Computing Association, offered adoption benchmarks, while press coverage captured pricing moves by hyperscalers that affect average selling prices.

These sources illustrate, rather than exhaust, the wider evidence pool we consulted during desk research.

Market-Sizing & Forecasting

A top-down construct starts with cloud workload counts and inter-cloud traffic volumes published by hyperscalers, which are then paired with regional penetration rates of multi-cloud strategies to size demand. Select bottom-up checks, such as supplier revenue roll-ups and sampled ASP × active gateway instances, calibrate totals. Key variables include cross-cloud egress pricing trends, share of containerized workloads, sovereign-cloud mandates, enterprise digital transformation budgets, and SD-WAN to MCN migration ratios. Forecasts rely on a multivariate regression that links these drivers to spending, with scenario analysis layered for currency swings. Gaps in vendor disclosures are bridged by applying median margins derived from disclosed managed networking deals.

Data Validation & Update Cycle

Outputs pass a three-step review: internal triangulation, variance checks against independent traffic indices, and senior analyst sign-off. The model refreshes annually, and interim updates are triggered when hyperscalers alter transit fees or major regulatory changes surface; a final walk-through occurs before every client delivery.

Why Mordor's Multi-Cloud Networking Baseline Commands Reliability

Published estimates often diverge because firms anchor on different component mixes, base years, and refresh cadences.

Key gap drivers include: some studies bundle broader management tools without isolating networking; others freeze exchange rates or apply uniform discount curves that ignore hyperscaler fee cuts; still others project from 2022 data and miss the post-AI workload spike we captured in 2024 interviews.

Benchmark comparison

Market Size Anonymized source Primary gap driver
USD 5.02 B (2025) Mordor Intelligence -
USD 2.03 B (2024) Global Consultancy A Narrow component scope and omits hybrid-cloud gateways
USD 6.02 B (2024) Industry Analyst B Includes adjacent multi-cloud management revenue beyond networking

Taken together, the comparison shows that Mordor's disciplined scope selection, annual refresh, and blended top-down plus bottom-up validation yield a balanced baseline that decision-makers can trace to transparent variables and repeatable steps.

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Key Questions Answered in the Report

What is the current size of the multi-cloud networking market?

The market reached USD 5.02 billion in 2025 and is set to more than double to USD 10.16 billion by 2030.

Which region leads multi-cloud networking revenue?

North America holds 41.5% of global revenue, supported by mature data-center infrastructure and early enterprise cloud adoption.

Why is healthcare the fastest-growing end-user segment?

Hospitals and clinics need secure, low-latency links for electronic records and AI diagnostics, driving a 31.1% CAGR in sector spending.

How does hybrid cloud deployment affect networking demand?

Hybrid architectures demand unified policy control across on-premises and cloud resources, propelling a 27.5% CAGR for hybrid connectivity solutions.

What skills gap challenges the market?

About 62% of IT leaders struggle to hire professionals proficient in multi-cloud networking, spurring demand for managed services and automation.

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