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

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Hybrid cloud is an infrastructure that uses a combination of on premise storage and private/public cloud storage to enable data and application portability. Hybrid cloud solutions take advantage of the scalability and cost optimization offered by the public cloud technology. The private cloud could be deployed on premise or outside the organization’s data center. The organizations are connected to cloud through safe network technologies such as virtual private network (VPN) or secure hypertext transfer protocol (HTTP). Virtual private network (VPN) is a network technology that enables the end-user to create a secure network connection over a public network such as internet. HTTP is an application layer protocol that enables the end-user to transfer hypertext data such as graphics, video and sound.

Hybrid cloud solutions enables the implementing organizations in increasing their business agility, data scalability and reducing their costs for data storage. Hybrid cloud solutions are expected to foresee high adoption rate as they could be easily integrated with the existing systems. Hybrid solutions enable the businesses to maintain its critical operations under their supervision and thus enhance the security & integrity of data. Development of big data technology and growth in internet of things (IoT) are expected to create immense opportunities for hybrid cloud market. However, huge initial investment is required for deployment of hybrid cloud solutions, which is anticipated to curtail growth of the market. Furthermore, hybrid cloud solutions are still in development phase, therefore security and privacy concerns could arise. This is expected to provide hurdles in the growth of hybrid cloud market.

Hybrid cloud market could be broadly segmented on the basis of service model, application, organization size, end-use sector and geography. On the basis of service model, the global hybrid cloud market is further segmented into platform as a service (PaaS), software as a service (SaaS) and infrastructure as a service (IaaS). On the basis of application, the hybrid cloud market could be segmented into orchestration, cloud hosting, cloud security and disaster recovery. On the basis of organization size, the hybrid cloud market could be segmented into small & medium-sized enterprises (SMEs) and large sized organizations. Furthermore, on the basis of end-use sector, the hybrid cloud market could be segmented into government, health care, BFSI, retail, logistics, IT & telecommunication and manufacturing sector. In terms of geography, the global hybrid cloud market is further segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America region. Hybrid cloud market shows its strong presence in North America region due to rising needs of business automation, orchestration and compliances in the region. APAC region is expected to witness fastest growth rate of hybrid cloud market due to growing digitalization in the sectors such as government, BFSI and health care. 

The major participants in the hybrid cloud market includes VMware Inc., Amazon Web Services Inc., Microsoft Corporation, Rackspace Inc., EMC Corporation, Hewlett Packard Enterprise Development LP, IBM Corporation, Cisco Systems Inc., Dell Inc. and Oracle Corporation.

The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape. 

The study is a source of reliable data on:

  • Key market segments and sub-segments
  • Evolving market trends and dynamics
  • Changing supply and demand scenarios
  • Quantifying market opportunities through market sizing and market forecasting
  • Tracking current trends/opportunities/challenges
  • Competitive insights
  • Opportunity mapping in terms of technological breakthroughs 

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, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, North Africa) 

TMR estimates the market size of various sectors using a combination of available data on the number and revenue of companies within each sub-sector and tiers of companies. The basic components used to determine market size and forecast for a specific product area are not only limited to supply-side data, but are also related to demand, industry trends, and the economic outlook. All the above data points are utilized to generate a statistical model targeting the sector marketplace. More than 300 TMR analysts across the world integrate these elements into a framework to determine the subsector market size for a base year and then forecast growth within each market. 

TMR regularly interviews technology and business professionals as an ongoing effort to track the latest developments within each sector. These continuous surveys are stratified by company size and industry segment and weighted to reflect the global market place.  All data are collected on an ongoing effort through a structured questionnaire rolled over the web or conducted via telephones. This provides the TMR team opportunities to request for detailed question sets, complex skip patterns, and real-time calculations, which assists respondents in answering questions involving numbers and percentages. Respondents, who are interviewed as experts, are screened and qualified based on certain criteria in addition to their decision-making authority and the scope of activity within their organizations.

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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