
You can think of a hybrid cloud as an integrated cloud solution that uses both public and private clouds to do different tasks for the same company. Due to the adaptability and ever-changing character of work, the significance of hybrid cloud has grown. It has many advantages, including low cost, scalability, adaptability, and safety. Hybrid cloud deployments combine private and public cloud models, allowing enterprises to achieve data, application, and huge storage space security while reducing capital investment. This is due to the benefits of each model. From 2018–2025, the worldwide hybrid cloud industry is expected to expand from an initial valuation of $36,138 million to a total of $171,926 million, a compound annual growth rate (CAGR) of 21.7%.
Businesses are removing obstacles to operations that conventional IT systems struggle to handle by adopting the hybrid cloud architecture. With hybrid cloud, IT and companies can work together more effectively and efficiently, and IT resources can be quickly and cheaply delivered. Enterprises are given the freedom to expand their applications and infrastructure as needed, while users enjoy excellent availability and performance. Hybrid cloud technology allows companies to take advantage of economies of scale while also protecting their private data. Adoption of the hybrid cloud environment will be driven by the availability of safe, scalable, and cost-effective resources, which can allow enterprises additional chances to explore alternative operational avenues.
Parts, service models, company sizes, industries, and geographies make up the world's hybrid cloud market. The market is divided into solution and service segments according to components. Again, hardware and software make up the solution section. Platform as a service (PaaS), infrastructure as a service (IaaS), and software as a service (SaaS) are the three main market segments based on service models. Market participants are categorized as either large or small and medium-sized businesses, depending on their organizational size. Technology, telecommunications, healthcare, banking, financial services, retail, government, entertainment, transportation, logistics, manufacturing, and other sectors make up the market's vertical classifications. This report breaks out the hybrid cloud industry by region, looking at the US, EU, Asia-Pacific, and LAMEA.
The increasing demand for versatile, scalable, and cost-effective computing is propelling the hybrid cloud market's compound annual growth rate (CAGR). To address problems that are difficult to fix with traditional IT infrastructure, businesses are turning to the hybrid cloud approach. By facilitating the rapid and inexpensive delivery of IT resources and enhancing agility and efficiency, the hybrid cloud closes the gap between IT and enterprises. It provides exceptional speed for users and lets companies scale their apps and infrastructure according to their needs. Businesses can secure sensitive data in hybrid clouds and take advantage of scalable economies of scale. More readily available secure, scalable, and cost-effective resources would encourage firms to explore other operational choices, which in turn would increase the likelihood of hybrid cloud adoption. Over the course of the anticipated duration, this component will see a substantial rise.
One further perk of hybrid cloud solutions for retailers is a safe and affordable infrastructure that may provide customers with innovative services and offer companies a leg up in the market. Due to its ability to offer both private and public services with sufficient integration and a secure firewall, hybrid cloud computing solutions are popular among SMEs and large companies alike. For example, a survey conducted by Nutanix for their Enterprise Cloud Index found that in just two years, the percentage of enterprise workloads using traditional data center infrastructure dropped from 41% to 18%. Hybrid cloud constraints are second most prevalent in the retail industry at 21%, and more than nine in ten respondents (93%) think it's the best approach, which is higher than the global average for all sectors. Consequently, making money in the hybrid cloud industry.
Key elements influencing the expansion of the hybrid cloud market are analyzed in this report. Major factors propelling the market forward include a change in consumer preference towards hybrid clouds, an uptick in digital disruptions, and the increasing use of hybrid clouds in IT service management (ITSM) models. The expansion of the hybrid cloud market is anticipated to be hindered during the forecast period by network problems and an increase in security concerns. In addition, the hybrid cloud market is anticipated to see profitable potential due to the growth of hybrid IT services and the high adoption rate among small and medium organizations.
Report Coverage
Global Hybrid Cloud research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Hybrid Cloud report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Hybrid Cloud competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Hybrid Cloud market players and analyses their core competencies in each global market sub-segments.
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2017-2031 |
Base Year | 2023 |
Forecast Period | 2023-2031 |
Historical Period | 2017-2021 |
Unit | Value (USD Billion) |
Key Companies Profiled | IBM, Splunk Inc., McAfee (Intel), Rapid7 Inc., SolarWinds Corp, BlackStrauts, AlienVault (AT& T Inc.), RSA (EMC Corporation), Micro Focus, International Plc, Amazon Web Services, ManageEngine (ZOHO Corporation) |
Segments Covered | • By Product |
Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Hybrid Cloud Market from 2021 to 2031.
- Market Forecast for Hybrid Cloud Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Hybrid Cloud competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Hybrid Cloud
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Hybrid Cloud market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Hybrid Cloud market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
IBM, Splunk Inc., McAfee (Intel), Rapid7 Inc., SolarWinds Corp, BlackStrauts, AlienVault (AT& T Inc.), RSA (EMC Corporation), Micro Focus, International Plc, Amazon Web Services, ManageEngine (ZOHO Corporation)
Primary Target Market
- Market Players of Hybrid Cloud
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Hybrid Cloud market based on the below-mentioned segments:
Global Hybrid Cloud Market, By Service Model
Software as a service (SaaS)
Infrastructure as a service (IaaS)
Platform as a service (PaaS)
Global Hybrid Cloud market, By Organization Size
Large enterprises
Small and medium enterprises
Global Hybrid Cloud Market, By Industry Vertical
IT & Telecom
Healthcare
BFSI
Retail
Government
Media & entertainment
Transportation & Logistics
Manufacturing
Others
Global Hybrid Cloud market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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