Published by Wanda Rich
Posted on September 22, 2021
Increasing demand for supple, scalable and cost efficient computing, this factor is expected to boost the market’s growth rate. Rising demand for more computational power will further cater various opportunities that will lead to the growth of hybrid cloud market.
The global hybrid cloud market garnered $36.14 billion in 2017, and is expected to generate $171.93 billion by 2025, witnessing a CAGR of 21.7% from 2018 to 2025. The report offers an extensive analysis of top winning strategies, market size & estimations, driving factors & opportunities, market player positioning, and competition landscape.
Surge in need for computational power in organizations and increase in awareness regarding benefits of hybrid cloud fuel the growth of the global hybrid cloud market. However, rise in concerns regarding data security and privacy hinders the market growth. On the other hand, rapid rise in adoption among small- and large-sized organizations and augmented demand among various organizations to boost its IT service management capabilities would offer lucrative opportunities in coming years.
Geographically, North America accounted for nearly half of the total share of the market in 2017, attributed to rise in number of cloud-based service providers in the area. However, Asia-Pacific is estimated to register the highest CAGR of 25.3% from 2018 to 2025.
On the basis of service model, the SaaS segment contributed to the largest market share, accounting for more than three-fifths of the total share in 2017. However, IaaS segment is projected to maintain the highest CAGR of 26.1% from 2018 to 2025.
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Based on organization size, the small & medium enterprises segment held the largest contribution in terms of revenue, accounting for more than two-thirds of the total share in 2017. Moreover, this segment is estimated to witness the highest CAGR of 22.5% during the forecast period.
Based on component, the services segment would grow at the highest CAGR of 23.1% from 2018 to 2025, owing to increased adoption for its cost-effectiveness and ease in access. However, the solutions accounted for the highest market share, holding nearly two-thirds of the total revenue in 2017, and would maintain its highest share by 2025.
Profiling Key Players: Microsoft Corporation, Hewlett Packard Enterprise, VMware, Inc., Google LLC, Dell EMC, Amazon Web Services, Inc., Cisco Systems, Inc., IBM Corporation (International Business Machines), Rackspace Inc., and Verizon Enterprise.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.
Increasing demand for supple, scalable and cost efficient computing, this factor is expected to boost the market’s growth rate. Rising demand for more computational power will further cater various opportunities that will lead to the growth of hybrid cloud market.
The global hybrid cloud market garnered $36.14 billion in 2017, and is expected to generate $171.93 billion by 2025, witnessing a CAGR of 21.7% from 2018 to 2025. The report offers an extensive analysis of top winning strategies, market size & estimations, driving factors & opportunities, market player positioning, and competition landscape.
Surge in need for computational power in organizations and increase in awareness regarding benefits of hybrid cloud fuel the growth of the global hybrid cloud market. However, rise in concerns regarding data security and privacy hinders the market growth. On the other hand, rapid rise in adoption among small- and large-sized organizations and augmented demand among various organizations to boost its IT service management capabilities would offer lucrative opportunities in coming years.
Geographically, North America accounted for nearly half of the total share of the market in 2017, attributed to rise in number of cloud-based service providers in the area. However, Asia-Pacific is estimated to register the highest CAGR of 25.3% from 2018 to 2025.
On the basis of service model, the SaaS segment contributed to the largest market share, accounting for more than three-fifths of the total share in 2017. However, IaaS segment is projected to maintain the highest CAGR of 26.1% from 2018 to 2025.
Download Sample Report (Get Full Insights in PDF – 286 Pages) at:
https://www.alliedmarketresearch.com/request-sample/256
Based on organization size, the small & medium enterprises segment held the largest contribution in terms of revenue, accounting for more than two-thirds of the total share in 2017. Moreover, this segment is estimated to witness the highest CAGR of 22.5% during the forecast period.
Based on component, the services segment would grow at the highest CAGR of 23.1% from 2018 to 2025, owing to increased adoption for its cost-effectiveness and ease in access. However, the solutions accounted for the highest market share, holding nearly two-thirds of the total revenue in 2017, and would maintain its highest share by 2025.
Profiling Key Players: Microsoft Corporation, Hewlett Packard Enterprise, VMware, Inc., Google LLC, Dell EMC, Amazon Web Services, Inc., Cisco Systems, Inc., IBM Corporation (International Business Machines), Rackspace Inc., and Verizon Enterprise.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/256
Thanks for reading this article; you can also get an individual chapter-wise section or region-wise report versions like North America, Europe, or Asia.
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Similar Reports –
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.
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