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Hybrid Cloud Market Driving Due to Improved Disaster Recovery Capabilities and Increased Delivery Speed of IT Resources
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The global hybrid cloud market can be categorized on the basis of delivery models, solutions, and industry verticals. On the basis of delivery models, the hybrid cloud market can be categorized into Infrastructure as a Service (IaaS), Software as a Service (SaaS) and Platform as a Service (PaaS). Based on solutions, the market can be classified into cloud management, cloud security, consulting, integration and networking. And on the basis of industry verticals, the hybrid cloud market has been divided into banking, financial services and insurance, telecommunication & IT government & public sector, education, healthcare, consumer goods & retail, media & entertainment and others.
The hybrid cloud market is attracting more players and hence, more competition is arising among existing and new players. As employees continue to bring their own devices into the enterprise environment and use cloud services outside of the jurisdiction of IT, the opportunities in the market are clearly visible with cloud IT market to continue to rise above traditional IT.
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The hybrid cloud systems and services are currently offered by numerous vendors such as Amazon Web Services (AWS), VMware, Microsoft, Equinix, RightScale, IBM, Cisco, HP and others. In the world in terms of geography, North America dominates the global hybrid cloud market.
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