Global Hybrid Cloud Market Set to Reach USD 149.11 Billion by 2030

► Global Hybrid Cloud Market Poised for Robust Growth, Projected to Reach USD 149.11 Billion by 2030
The global hybrid cloud market is experiencing significant growth, with projections indicating a rise from USD 61.41 billion in 2023 to nearly USD 149.11 billion by 2030, reflecting a Compound Annual Growth Rate (CAGR) of 13.51% . This surge is driven by the increasing demand for flexible, scalable, and cost-effective computing solutions.

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► Competitive Landscape
Leading players in the hybrid cloud market include Microsoft, Google, Amazon Web Services (AWS), and Oracle. These companies are actively engaging in mergers and acquisitions, strategic alliances, joint ventures, and partnerships to enhance their market presence .​

► Regional Demand Highlights
The Asia-Pacific region is witnessing a higher demand for hybrid cloud solutions, attributed to rapid digital transformation and increased cloud adoption across various industries.

► Country-Specific Insights
Growth Opportunities in Vietnam
Vietnam's hybrid cloud market is projected to grow at a CAGR of 19.70% during 2024-2032, driven by the adoption of hybrid cloud models across various sectors .​

Investment Trends in Thailand
Thailand has approved approximately USD 2.7 billion in investments for big data centers and cloud infrastructure, highlighting the country's commitment to enhancing its digital capabilities .​

Strategic Acquisitions in Japan
IBM's acquisition of SKYARCH aims to bolster its AWS expertise in Japan, enhancing its hybrid cloud services and accelerating digital transformation in the region .​

Market Expansion in South Korea
South Korea's hybrid cloud market generated revenue of USD 2,326.2 million in 2023 and is expected to reach USD 7,061.7 million by 2030, with a CAGR of 17.2% .​

Cloud Initiatives in Singapore
Singapore continues to be a hub for cloud innovation, with significant investments in cloud infrastructure and services, fostering a conducive environment for hybrid cloud adoption.​

Consolidation Activities in the United States
The U.S. hybrid cloud market is witnessing consolidation, with major players like IBM completing the acquisition of HashiCorp for USD 6.4 billion, aiming to enhance hybrid cloud and generative AI offerings .​

Technological Advancements in China
China's hybrid cloud market is growing rapidly, driven by technological advancements and increased adoption of cloud services across various industries.​

Regulatory Developments in Europe
The European cloud services market is forecasted to grow at a CAGR of 23%, reaching €110 billion by 2028, with a strong focus on data protection and regulatory compliance .

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Hybrid Cloud Market Segmentation

by Component

Solution
Services

by Service Model

Software as a service (SaaS)
Infrastructure as a service (IaaS)
Platform as a service (PaaS)

by Organization Size

Large enterprises
Small and medium enterprises

by Industry Vertical

IT & Telecom
Healthcare
BFSI
Retail
Government
Media & entertainment
Transportation & Logistics
Manufacturing
Others

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Hybrid Cloud Market Key Players

1. Microsoft Corporation
2. Amazon Web Services, Inc.
3. VMware, Inc.
4. Rackspace Inc.
5. Hewlett Packard Enterprise
6. Dell EMC
7. IBM Corporation
8. Google LLC
9. Verizon Enterprise
10. Cisco Systems, Inc.
11. AWS
12. Oracle
13. Alibaba
14. Equinix
15. NetApp
16. Atos
17. Fujitsu
18. CenturyLink
19. NTT Communications
20. Citrix
21. Pure Storage
22. Unitas Global

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