The global multi-cloud networking market size is anticipated to reach USD 13.14 billion by 2033 and is expected to expand at a CAGR of 23.7% during the forecast period, according to a new report by Grand View Research, Inc. Several factors drive market growth, including technological advancements, enterprise demands, and evolving digital strategies. Also, the surge in digital transformation initiatives across industries is driving market growth.
The widespread adoption of remote workforce models and edge computing is expected to drive market growth. These trends have intensified the demand for distributed networking architectures that deliver low-latency access, centralized control, and robust security across geographically dispersed endpoints. Enterprises are seeking solutions that can support real-time data exchange and application performance across diverse cloud platforms, which in turn is fueling the demand for multi-cloud networking technologies.
The integration of artificial intelligence and machine learning into network management is enhancing the capabilities of multi-cloud networking solutions. AI-driven traffic optimization, observability tools, and automated policy engines are enabling organizations to streamline operations, improve compliance, and reduce latency. These intelligent systems are particularly valuable in managing complex workloads and ensuring deterministic, application-aware routing across multiple cloud providers.
Cost optimization is also a key driver, as enterprises look to avoid vendor lock-in and manage egress fees more effectively. Multi-cloud networking offers vendor-agnostic connectivity and pay-as-you-grow models, which appeal to cost-sensitive organizations aiming to balance performance with budget constraints. Additionally, the growing need for disaster recovery and contingency planning has led to increased adoption of multi-cloud strategies, allowing businesses to store and recover data across multiple platforms for enhanced resilience.
The market players are focusing on various strategic initiatives such as mergers, acquisitions, and collaborations. For instance, in April 2025, Hewlett Packard Enterprise Development LP announced significant enhancements to its HPE Aruba Networking and HPE GreenLake cloud platforms. Among the latest innovations is the introduction of the HPE Aruba Networking Central Network Access Control (NAC), which features advanced cloud-based access controls.
Order a free sample PDF of the Multi-cloud Networking Market Intelligence Study, published by Grand View Research.
Further key findings from the report suggest:
- By component, the solutions segment held the largest revenue share of 68.5% in 2024.
- By deployment, the public cloud segment held the largest revenue share in 2024.
- By enterprise size, the large enterprises segment held the largest revenue share in 2024.
- North America held a 35.9% revenue share of the global multi-cloud networking market in 2024, driven by the rise of DevOps and agile development practices across North American enterprises.
- The multi-cloud networking industry in Asia Pacific is expected to be the fastest growing segment, with a CAGR of 26.1% from 2025 to 2033.
List of Key Players in the Multi-cloud Networking Market
- Alkira, Inc.
- Arrcus Inc.
- Aviatrix, Inc.
- Carahsoft Technology Corp.
- Cisco Systems, Inc.
- Equinix, Inc.
- F5, Inc.
- HCL Technologies Limited
- Hewlett Packard Enterprise Development LP
- IBM Corporation
- Microsoft Corporation
- Netskope
- Tata Communications Limited
- VMware, Inc.
- Zenlayer
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