Press release
Hybrid Cloud Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025
According to the latest research report by IMARC group, titled “Hybrid Cloud Market: Global Size, Share, Growth, Demand, Industry Trends and Forecast 2020-2025”, the global hybrid cloud market grew at a CAGR of around 20% during 2014-2019. A hybrid cloud is a cloud-computing environment that includes on-premises, private, public, and third-party cloud services. It allows workload movement between public and private platforms to consolidate, automate, and manage a computing environment. Generally, it employs three service models viz., Infrastructure-as-a-Service, Platform-as-a-Service, and Software-as-a-Service. Hybrid cloud also comprises of a private cloud that is either on-premises or hosted by a third-party cloud provider and a stable wide area network (WAN) connectivity between the environments. It extends comprehensive support for the remote workforce, reduces operation costs, and enhances scalability, accessibility, security, and risk management and finds extensive applications across industries.Request Free Sample Report: https://www.imarcgroup.com/hybrid-cloud-market/requestsample
Rapid digitization, coupled with the rising adoption of cloud-computing services for flexible, scalable, and cost-effective computing systems, drives the demand for hybrid clouds. Hybrid clouds facilitate enterprises to maintain control over data and enhance operation scalability. Moreover, the sudden outbreak of the COVID-19 pandemic has augmented the demand for remote work and video conferencing tools by organizations, thereby catalyzing the market for hybrid cloud systems for business continuity. Furthermore, the rapid integration of artificial intelligence (AI), Internet-of-Things (IoT), machine learning (ML), and edge computing is also propelling the market growth. Additionally, the rising adoption of Software-as-a-Service (SaaS) and multi-cloud spaces is further expected to drive the market for hybrid cloud.
Breakup by Component:
• Solutions
• Services
Breakup by Service:
• Professional Services
• Managed Services
Breakup by Service Type:
• Cloud Management and Orchestration
• Disaster Recovery
• Hybrid Hosting
Breakup by Service Model:
• Infrastructure as a Service
• Platform as a Service
• Software as a Service
Breakup by Organization Size:
• Small Enterprises
• Medium Enterprises
• Large Enterprises
Breakup by Vertical:
• Government and Public Sector
• Healthcare
• Banking, Finance, Services and Insurance (BFSI)
• Retail
• Information and Communication Technology
• Manufacturing
• Others
Breakup by Region:
• North America
o United States
o Canada
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
• Latin America
o Brazil
o Mexico
o Others
• Middle East and Africa
Competitive Landscape Key Player:
• Alibaba Group Holding Limited
• Amazon Inc.
• Century Link Inc.
• Cisco Systems Inc.
• Citrix Systems Inc.
• Dell Technologies Inc.
• DXC Technology Company
• Fujitsu Ltd. (Furukawa Group)
• Google (Alphabet Inc.)
• Hewlett Packard Enterprise Company
• IBM Corporation
• Microsoft Corporation
• Oracle Corporation
• Rackspace Inc.
• VMWare Inc.
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/hybrid-cloud-market
Other Report BY IMARC Group
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United States Hydrogen Peroxide Market Research Report 2020-2025: https://www.imarcgroup.com/united-states-hydrogen-peroxide-market
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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