Multicloud Networking Will Inflect in 2024; Public and Private AI, Application Resiliency, and Cybersecurity Are Top Demand Drivers

This IDC Market Perspective offers actionable insights for hyperscale and specialized cloud providers and for the datacenter networking systems and silicon vendors. This is for monetizing their multicloud networking solutions based on secular growth demand drivers, technology, and business outcomes criteria that we highlight in this document. "Multicloud networking is likely to see an early inflection point in enterprise adoption during 2024, in IDC's view. AI workloads, application and business resiliency, and cybersecurity are among the top demand drivers anchoring the adoption of multicloud networking platforms and services." - Vijay Bhagavath, research vice president, Cloud and Datacenter Networks, IDC