Hybrid cloud use a mix of on-premises, private cloud, and third-party public cloud services to create a cloud computing environment. The solution provides businesses with greater flexibility and more data deployment options by allowing workloads to move between private and public clouds with changing computing needs and costs. The players are adopting various growth strategies such as product launches, business expansions, partnerships, and collaborations to increase their revenue share in the hybrid cloud market during the forecast period.
MARKET DYNAMICS
The hybrid cloud market is anticipated to grow in the forecast period owing to driving factors such as robust demand for scalable, agile, and cost-effective computing and a rise in digital services. Moreover, the growing need for interoperability standards between cloud services and existing systems is further likely to bolster market growth. However, lack of awareness associated with data protection may hamper the growth of the hybrid cloud market during the forecast period. Nevertheless, the demand for more computational power would offer lucrative growth opportunities for the hybrid cloud market and the key players in the coming years.
MARKET SCOPE
The "Global Hybrid Cloud Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of hybrid cloud market with detailed market segmentation by component, service model, organization size, industry vertical, and geography. The global hybrid cloud market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hybrid cloud market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global hybrid cloud market is segmented on the basis of component, service model, organization size, and industry vertical. By component, the market is segmented as solution and services. Based on service model, the market is segmented as Platform as a Service, Software as a Service, and Infrastructure as a Service. On the basis of the organization size, the market is segmented as large enterprises and SMEs. The market on the basis of the industry verticals is classified as BFSI, IT and telecom, government, retail, manufacturing, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global hybrid cloud market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The hybrid cloud market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting hybrid cloud market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the hybrid cloud market in these regions.
MARKET PLAYERS
The reports cover key developments in the hybrid cloud market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from hybrid cloud market are anticipated to lucrative growth opportunities in the future with the rising demand for hybrid cloud in the global market. Below mentioned is the list of few companies engaged in the hybrid cloud market.
The report also includes the profiles of key hybrid cloud companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Alibaba Group
- Amazon.com, Inc.
- Atos SE
- Centurylink, Inc.
- Citrix Systems, Inc.
- Dell EMC
- DXC Technology Co
- Google LLC
- Hewlett Packard Enterprise Development LP
- Microsoft Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.