Connect with us

Hi, what are you looking for?

Hybrid Cloud Market Size, Shares and Analysis, Trends with Top Most Key Players- Cisco Systems, Inc., International Business Machines Corporation Company, Oracle Corporation.

Covina, United States: Global Hybrid Cloud Market”, By Component (Solution and Services), By Service Model (Infrastructure-as-a-Service, Platform-as-a-Service, Software-as-a-Service), By Organization Size (Large Enterprises, Small and medium-sized enterprises), By Industry Vertical (Banking, Financial Services, and Insurance (BFSI), Telecommunications and Information Technology (IT), Healthcare and Life sciences, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Trends, Analysis and Forecast till 2030                        

Hybrid Cloud Market Outlook                       

  • Market Value 2020: US$ 20.77 Bn
  • Market Value Estimation 2030: US$ 293.15 Bn
  • CAGR: 19 %

An integrated cloud service called a hybrid cloud makes use of both private and public clouds to carry out various tasks for the same company. Due to the flexibility and dynamic nature of work, hybrid cloud has become more crucial. It has many advantages like cost effectiveness, scalability, flexibility, and security. Due to these advantages, enterprises are using a hybrid cloud model, which combines the private and public cloud models, to achieve security of data, applications, and vast storage spaces while lowering their capital investment. The increasing adoption of cost-effective cloud services with convenient access and high security features from the commercial sector and the rapid digitalization that is resulting in rising internet penetration in developing countries are the main factors propelling the growth of the global hybrid cloud market.

Top News relating to Industry, Innovation:

  • In March 2018- EQUINIX INC. announced the launch of Equinix SmartKey, a global key management and encryption software-as-a-service (SaaS) offering. It simplifies data protection across any cloud or destination. This service leverages Equinix’s globally interconnected platform of more than 190 International Business Exchange (IBX®) data centres in 48 markets.
  • In September 2018- Amazon Web Services and VMware partnered to offer Amazon RDS on VMware. The service helps the customers to deploy the public cloud-native database in their on-premises VMware-based data centres.

Ask For Sample Report:-

@ https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/1068

 Key Segmentation of the Hybrid Cloud market:          

The Hybrid Cloud Market is estimated to be US$ 293.1559 billion by 2030 with a CAGR of 19.0% during the forecast period. The market report has been segmented based on the component, service model, organization size, industry vertical, and region.

  • By component, solutions estimated for the largest share of 74.21% in 2018, services are projected to register the fastest CAGR of 25.07% over the forecast period.
  • By service model, the global market is classified into infrastructure-as-a-service, platform-as-a-service, software-as-a-service
  • By organization size, the global market is classified into large enterprises, small and medium-sized enterprises
  • By industrial vertical, BFSI industry dominated the market with a share of 26.40% in 2018, followed by ICT and government with 21.88% and 15.01% respectively.
  • By region, North America dominated the market with the largest share of 34.74% in 2018, Asia-Pacific is expected to register the fastest CAGR of 22.51% over the forecast period.

The Hybrid Cloud Market Report mentions the following promising regions:

  • North America – U.S., Canada
  • Europe – UK, Germany, Spain, France, Italy, Russia, Rest of Europe
  • Asia Pacific – Japan, India, China, South Korea, Australia, Rest of Asia-Pacific
  • Latin America – Brazil, Mexico, Argentina, Rest of Latin America
  • Middle East & Africa – South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Grab Special Discount Requests:

@ https://www.prophecymarketinsights.com/market_insight/Insight/request-discount/1068

 Top-tier significant players:

The prominent player operating in the global hybrid cloud market includes Cisco Systems, Inc., International Business Machines Corporation Company, Oracle Corporation, Microsoft Corporation, Amazon Web Services, Inc., Google LLC, VMware, Inc., Alibaba Group Holding Limited, Equinix, Inc., and Rackspace US, Inc.

Premium Report offers:

  • Assessments of market share for the regional and national segments
  • A description of the business, including its goals, finances, and most recent advancements.
  • In addition to a comprehensive analysis of market share, the report contains data on significant drivers, restraints, and opportunities.
  • The market power of consumers and suppliers is demonstrated via Porter’s five forces study.

Links to related reports@

About Prophecy Market Insights

Prophecy Market Insights is a specialized market research, analytics, marketing and business strategy, and solutions company that offer strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high value opportunities in the target business area. Also, we help our client to address business challenges and provide best possible solutions to overcome them and transform their business.

Contact Us:

Sales

Prophecy Market Insights

1 860 531 2701

Email– sales@prophecymarketinsights.com

Website– www.prophecymarketinsights.com

Written By

You may also like:

Tech & Science

Massive overseas and domestic investments offer Japan a chance to reclaim its tech crown.

Tech & Science

A part of the US surveillance program known as Section 702 allows intelligence agencies to conduct warrantless electronic monitoring of foreigners outside the United...

World

Roberto Cavalli dressed A-listers for decades and was known for his exotic animal prints and feather designs - Copyright AFP Brendan SmialowskiAlexandria SAGEItalian fashion...

Life

Salman Rushdie, targeted for assassination since 1989 over his writing, had long wondered who would kill him.