Hybrid Cloud Market growing at a CAGR of 22.5% from 2016 to 2021
Global Hybrid Cloud Market Analysis and Forecast to 2022 | Growth Opportunity Assessment
(EMAILWIRE.COM, June 08, 2018 ) The tremendous growth of digital services and their applications along with the growing requirements of business organizations for greater flexibility and scalability have increased the adoption rate of hybrid cloud solutions and services, thereby providing immense opportunities to the vendors. These vendors are providing advanced and scalable hybrid cloud solutions and services to various organizations across the globe to leverage the benefits of cloud-based solutions. The hybrid cloud market is estimated to reach USD 91.74 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 22.5% from 2016 to 2021. Factors such as growing demand of organizations for agile, scalable, and cost effective cloud computing solutions, rising need of standards for interoperability between cloud services and existing systems, increasing demand to avoid vendor lock-in, and increasing digital services and their applications are driving the growth of the market.
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The global hybrid cloud market report quantifies the market for solutions, services, service models, organization size, verticals, and regions. The disaster recovery solution is expected to grow at the highest CAGR during the forecast period as it provides the benefit of business continuity for the enterprises. The hybrid hosting solution is expected to have the largest market size because it combines scalability and flexibility of virtual cloud servers with the security and performance of dedicated hosting. In terms of services, managed services show great opportunities and the segment is projected to grow at the highest CAGR during the forecast period.
The research report is based on extensive research on and around the market and the related subsegments within the ecosystem. The hybrid cloud market by professional service is estimated to have the largest market size as this service can transform business processes, improve security, increase flexibility, and drive cost savings.
The hybrid cloud market is thriving, and in the next five years it will present huge opportunities for the hybrid cloud vendors. The market has been segmented into diverse industry verticals, including BFSI, consumer goods and retail, education, government and public sector, healthcare and life sciences, manufacturing, media and entertainment, telecommunication and ITES, and others. The market has also been segmented on the basis of organization size comprising SMEs and large enterprises.
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The report covers all the major aspects of the hybrid cloud market and provides an in-depth analysis across the regions of North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America. North America is expected to hold the largest market share, whereas the APAC region is projected to have great opportunities in this market, growing at the highest CAGR during the forecast period. The primary reason for the high growth rate in APAC region is the increasing utilization of data centers and cloud services and increasing trend of large enterprises combining private and public operations for hybrid cloud computing.
The lack of privacy and data protection and infrastructure dependency are few of the restraints in the hybrid cloud market. The major players in the market are Hewlett-Packard; Microsoft Corporation; IBM Corporation; Cisco Systems; Equinix, Inc.; Oracle Corporation; VMware, Inc., Citrix Systems, Inc.; Rackspace, Inc.; and Amazon Web Services, Inc. This research report includes the strategic alliances and lucrative acquisitions between the major players in the ecosystem. Technological developments include inventing new robust and sophisticated solutions that can leverage the company’s return on investment.
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About Us:
Research Cosmos is an aggregator of syndicated and bespoke market research, business intelligence and consulting services on gamut of sectors across the globe. We’re associated with world renowned publishers who when combined, serve hundreds of fortune listed companies and publish wide range of insightful reports which cover nook and corner of every industry vertical.
Explore More Information about report @ https://www.researchcosmos.com/reports/global-hybrid-cloud-market-analysis-and-forecast-to-2022-growth-opportunity-assessment/1017559
The global hybrid cloud market report quantifies the market for solutions, services, service models, organization size, verticals, and regions. The disaster recovery solution is expected to grow at the highest CAGR during the forecast period as it provides the benefit of business continuity for the enterprises. The hybrid hosting solution is expected to have the largest market size because it combines scalability and flexibility of virtual cloud servers with the security and performance of dedicated hosting. In terms of services, managed services show great opportunities and the segment is projected to grow at the highest CAGR during the forecast period.
The research report is based on extensive research on and around the market and the related subsegments within the ecosystem. The hybrid cloud market by professional service is estimated to have the largest market size as this service can transform business processes, improve security, increase flexibility, and drive cost savings.
The hybrid cloud market is thriving, and in the next five years it will present huge opportunities for the hybrid cloud vendors. The market has been segmented into diverse industry verticals, including BFSI, consumer goods and retail, education, government and public sector, healthcare and life sciences, manufacturing, media and entertainment, telecommunication and ITES, and others. The market has also been segmented on the basis of organization size comprising SMEs and large enterprises.
Request free sample @ https://www.researchcosmos.com/request/1017559
The report covers all the major aspects of the hybrid cloud market and provides an in-depth analysis across the regions of North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America. North America is expected to hold the largest market share, whereas the APAC region is projected to have great opportunities in this market, growing at the highest CAGR during the forecast period. The primary reason for the high growth rate in APAC region is the increasing utilization of data centers and cloud services and increasing trend of large enterprises combining private and public operations for hybrid cloud computing.
The lack of privacy and data protection and infrastructure dependency are few of the restraints in the hybrid cloud market. The major players in the market are Hewlett-Packard; Microsoft Corporation; IBM Corporation; Cisco Systems; Equinix, Inc.; Oracle Corporation; VMware, Inc., Citrix Systems, Inc.; Rackspace, Inc.; and Amazon Web Services, Inc. This research report includes the strategic alliances and lucrative acquisitions between the major players in the ecosystem. Technological developments include inventing new robust and sophisticated solutions that can leverage the company’s return on investment.
Check for discount @ https://www.researchcosmos.com/discount/1017559
About Us:
Research Cosmos is an aggregator of syndicated and bespoke market research, business intelligence and consulting services on gamut of sectors across the globe. We’re associated with world renowned publishers who when combined, serve hundreds of fortune listed companies and publish wide range of insightful reports which cover nook and corner of every industry vertical.
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Dani Rodriguez
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Research Cosmos
Dani Rodriguez
Tel: +1 888 709 8757
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results