Hybrid Cloud Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Component (Service and Solution), By Delivery Model (Infrastructure-as-a-Service, Platform-as-a-Service, Software-as-as-Service), By Organization Size (Large Enterprises and Small & Medium Enterprises), By End User (BFSI, IT & Telecommunications, Healthcare, Retail, Media & Communication,
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationHybrid Cloud Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Component (Service and Solution), By Delivery Model (Infrastructure-as-a-Service, Platform-as-a-Service, Software-as-as-Service), By Organization Size (Large Enterprises and Small & Medium Enterprises), By End User (BFSI, IT & Telecommunications, Healthcare, Retail, Media & Communication,
Global Hybrid Cloud Market
The hybrid cloud refers to a mixed computing, storage and services environment cloud computing model that integrates public and private cloud services and on-premises infrastructure and incorporates orchestration, applications profitability, and management across the cloud. The hybrid cloud enables to create a unified, automated and optimal cloud computing environment. In order to handle application workloads across both environments, hybrid cloud computing extends infrastructure and operations uniformly. This enables smooth workload migration from private to or from public cloud, depending on the needs of the company. Most businesses have adopted hybrid cloud infrastructure to reduce risk, minimize overall IT and cloud capital expenditure, facilitate cloud migration without reworking, data center consolidation, meet seasonal peaks in demand for computing and storage resources. The factors of reducing dependencies on a single vendor, compliance regulation, flexibility, ongoing cost optimization and data privacy benefits are allowing more companies to actively pursue and deploy for hybrid cloud strategy in their business. Infrastructure-as-a Service, Platform-as-a Service, Software-as-a Service models are typically used in hybrid cloud architecture.
Growing Need of Computing in Business Operations
Businesses are utilizing the hybrid cloud strategy to manage business approach that are challenging to resolve with traditional IT infrastructure. Hybrid cloud is bridging the gap between IT and businesses by improving agility, efficiency, and quickly delivering IT resources at an affordable cost. Service providers are integrating the cloud enabled solutions into their businesses to offer better edge to their different verticals to the enterprises via advancing their industrial automation capability. The connected supply chain, business operations and smart manufacturing processes depend heavily on connected and smart items. The development of cloud infrastructure devices has also made it possible for manufacturers to use such applications for remote monitoring and analyzing data in real time. However, the prominent benefits to enhance application performance and business efficiency with a low operational cost, improved scalability, business continuity, improved security and risk management has expedite many manufacturers to integrate their business operations to meet the expending need of consumer preferences. Thus, has anticipated the demand of hybrid cloud in the market.
Increasing adoption of technologies such as artificial intelligence, machine learning, 5G, and IoT
For instance, According to new research commissioned by Fujitsu, Organizations with a strategic approach to hybrid cloud adoption are four times more likely to have achieved accelerated digital transformation (DX).
Rising Demand for Adequate Workload Environment
The continuous advancement in computing capabilities, proliferated data exchange mobility, data deployment options, and varied technology connectivity has enabled potential opportunities which have altered the workload flexibility, availability, and cost effectiveness. It has created an ease for a better user experience and adequate workload environment within the organizations. Additionally, the growing demand in the automotive industry for better accident prevention workloads such as autonomous emergency braking systems (ABES) and connected car infrastructure necessitates very low latency, high levels of computing capability, and high-throughput connections to multiple private or public cloud platforms that are hosting various production workloads. Thus increasing demand for adequate workload environment has propel the demand of hybrid cloud market in the forecast period.
Download Free Sample Report
Market Segmentation
The hybrid cloud market is segmented based on component, delivery model, organization size, end-user, and region. By component type, the market is bifurcated into services and solution. Based on delivery model, the market is segmented into Infrastructure-as-a-Service, Platform-as-a-Service and Software-as-a-Service. Based on organization size, the market is categorized into large enterprises and small & medium enterprises. The end-user segment is further categorized into BFSI, IT & Telecommunications, Healthcare, Retail, Media & Entertainment, and Others.
Market Player
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 2024-2028 |
| Report coverage | Revenue forecast, company share, growth factors, and trends |
| Segments covered | By Component By Delivery Model By Organization Size By End User |
| Regional scope | North America; Asia-Pacific; Europe; South America; Middle East |
| Country scope | United States, Canada, Mexico, China, India, Japan, South Korea, Australia, Germany, United Kingdom, France, Italy, Spain, Brazil, Argentina, Colombia, Saudi Arabia, South Africa, UAE |
| Key companies profiled | DXC Technology Company, Fujitsu Ltd., NTT Communications Corporation, Equinix Incorporation, Amazon Web Services, Google Inc, IBM Corporation, Oracle Corporation, Microsoft Corporation, Dell EMC. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy