Hybrid Cloud Market 2018 Global Industry Analysis By Share, Key Company, Trends, Size, Emerging Technologies, Growth Factors, And Regional Forecast To 2023

Global Hybrid Cloud Market Research Report– by solution (Cloud Management, disaster recovery), service model (SaaS, IaaS, PaaS), service (professional, managed), organization size (SME, large enterprises), vertical (BFSI, healthcare) –– Forecast till 2023

Market Highlights:

The hybrid cloud market is estimated to garner USD 140 billion during the forecast period (2017-2023). The market is likely to demonstrate 24% CAGR owing to the rising number of digital services, asserts Market Research Future (MRFR). A hybrid cloud is referred to as a computing environment which comprises a private and a public cloud. It mainly works on infrastructure and application level. Hybrid cloud offers businesses more data deployment options and greater flexibility by enabling workloads to move between public and private clouds.

Hybrid cloud is a cloud computing environment which uses a mix of on-premises, private cloud and third-party, public cloud services with orchestration between the two platforms. By allowing workloads to move between private and public clouds as computing needs and costs change, hybrid cloud gives businesses greater flexibility and more data deployment options. Hybrid cloud is particularly valuable for dynamic or highly changeable workloads. For example, a transactional order entry system that experiences significant demand spikes around the holiday season is a good hybrid cloud candidate. The application could run in private cloud, but use cloud bursting to access additional computing resources from a public cloud when computing demands spike. To connect private and public cloud resources, this model requires a hybrid cloud environment.

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Major Key Players

• Akamai Technologies Inc. (U.S.),
• Amazon Web Services LLC (U.S.),
• CA Technologies (U.S.),
• Dell Inc. (U.S.),
• Flexiant Ltd. (U.K.),
• Google Inc. (U.S.),
• Hewlett-Packard Enterprise (U.S.),
• IBM Corporation (U.S.),
• Equinix Inc. (U.S.)
• Microsoft Corporation (U.S.)
Some of the key innovators are Vmware, Inc.(U.S.), Citrix Systems, Inc. (U.S.), Equinix, Inc. (U.S.), Oracle Corporation (U.S.), Rackspace Hosting, Inc.(U.S.), Verizon Communications, Inc (U.S.), Panzura (U.S.), Terago Networks, Inc. (Canada), Fujitsu Ltd. (Japan), NTT Communications (Japan), NEC Corporation (Japan), Salesforce.Com (U.S.), Century Link Inc., (U.S.), Turbonomic (U.S.), and many others.

According to MRFR, The global Hybrid Cloud Market is estimated to reach USD140 billion at CAGR 24% through the forecast period 2023

The major growth driver of Hybrid Cloud Market includes growing demand for efficient productivity by organizations, rise in demand of secure and quick data access, and growing adoption of small & medium sized enterprises among others. The rising popularity of big data management tools across organizations is also leading to the increased incorporation of hybrid cloud.

Industry News

December 07, 2018: According to a new study by Nutanix, a new global study by enterprise cloud computing company, India is all set to lead the world in hybrid cloud adoption and usage.
January. 2018- Microsoft Corporation announced that it has acquired Avere Systems, a start-up specializing in data storage. The technology could ultimately help Microsoft pick up more Azure revenue by serving customers who want to use cloud computing while still keeping data in their own facilities. Microsoft has taken more of a hybrid approach than Amazon or Google in the cloud business. It offers the Azure Stack private cloud software that mirrors what's available from the Azure public cloud. And Microsoft continues to sell server and database software for corporate data centres.

Segmentation

The global hybrid cloud market is segmented on the basis of solution, service model, service, organization size, vertical, and region. On the basis of solution, the segment is further classified into cloud management, disaster recovery, hybrid hosting, and security & compliance. On the basis of service model, the market is further classified into SaaS (Software as a Service), IaaS (Information as a Service) and PaaS (Platform as a Service). On the basis of service, the segment is classified into managed and professional services. On the basis of organization size, the segment is further classified into (Small and medium-sized enterprises) SMEs and large enterprises. On the basis of vertical, the market is further segmented into BFSI, healthcare, retail, manufacturing, media & entertainment and others.

Regional Analysis:
The global hybrid cloud market is observed for North America, Europe, Asia Pacific and rest of the world. North America holds major market share through the forecast period. The presence of major players in the region and rising demand for scalable and cost-effective computing is driving the market in this region. Asia Pacific is estimated to show high growth rate during the forecast period. The rise in usage of cloud-based services and increase in deployment of data centers are primarily driving the market in this region. Considering the rise in usage of analytics, Europe shows decent growth during the forecast period.

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Intended Audience
• Cloud vendors
• Application providers
• System integrators
• Consultancy firms
• Service providers
• Data integration service providers
• Managed services providers

LIST OF TABLES
Table 1 Global Hybrid Cloud Market: By Region, 2017-2023
Table 2 North America Hybrid Cloud Market: By Country, 2017-2023
Table 3 Europe Hybrid Cloud Market: By Country, 2017-2023
Table 4 Asia Pacific Hybrid Cloud Market: By Country, 2017-2023
Table 5 The Middle East & Africa Hybrid Cloud Market: By Country, 2017-2023
Continued….

LIST OF FIGURES
FIGURE 1 Global Hybrid Cloud Market segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis of Global Hybrid Cloud Market
FIGURE 4 Value Chain of Global Hybrid Cloud Market
FIGURE 5 Share of Global Hybrid Cloud Market in 2017, by country (in %)
FIGURE 6 Global Hybrid Cloud Market, 2017-2023,
Continued….

About Market Research Future:

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This release was published on openPR.