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Hybrid Cloud Computing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

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Hybrid cloud computing is a combination of two or more clouds that are bound together but are distinct entities. It is basically a composition of private, public, and community cloud services from different service providers. By integration, aggregation, or customization with another cloud service, the hybrid cloud computing service allows the user to extend either the capability or capacity of a cloud service. For example through the addition of externally available public cloud services, hybrid cloud computing can extend the capabilities of the enterprise to deliver a specific business service. The adoption of hybrid cloud depends on a variety of factors, such as the level of control over data, data security and compliance requirements, and which application the organization is using. Hybrid cloud computing is emerging as a major trend in cloud computing services as cloud providers and cloud users mature.
As the need for scalable, agile, and cost-effective cloud computing solutions increases among organizations, the need for standards for interoperability between existing systems and cloud services is rising, driving the hybrid cloud computing market. Moreover, there is increasing demand for digital services and their applications, which is fuelling the growth of the market. However, factors such as infrastructure dependency and lack of privacy and data protection are expected to slow down the growth of the hybrid cloud computing market. Companies that are new to the market are combining both private and public models, i.e. the adoption of hybrid cloud is rising, which is expected to provide huge opportunity for the market to grow.

The global hybrid cloud computing market is segmented on the basis of solution, service, service model, organization size, vertical, and region. In terms of solution, the market can be segmented into cloud management and orchestration, security and compliance, disaster recovery and hybrid hosting. The market is also classified on the basis of service into professional services and managed services. On the basis of service model, the market is segmented into software as a service (SaaS), infrastructure as a service (IaaS), and platform as a service (PaaS) and. In terms of organization size the market can be segmented into small and medium enterprises (SMEs) and large enterprises. In terms of verticals, the market can be segmented into BFSI, consumer goods and retail, education, government and public sector, healthcare and life sciences, manufacturing, media & entertainment, telecommunication, and information technology enabled services (ITeS). The market is segmented in terms of geographical regions into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa (MEA). Asia Pacific is expected to lead the hybrid cloud computing market in the coming years due to the increasing utilization of cloud services and data centers by organizations. Moreover, large enterprises are combining private and public cloud more frequently, which is likely to fuel the growth in the region during the forecast period. 

Industry participants leading the hybrid cloud computing market with the most significant developments are Hewlett-Packard, Microsoft Corporation, Equinix Inc., Oracle Corporation, VMware Inc., Citrix Systems Inc., IBM Corporation, Cisco Systems, Rackspace Inc., and Amazon Web Services Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   
     

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

 


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