Hybrid Cloud Market Demand and Supply Forecast (2024-2030)
Hybrid Cloud Market Overviews
Maximize Market Research is an Hybrid Cloud# research firm that has published a detailed analysis of the “Hybrid Cloud Market”. MMR in-depth market assessments in research reports take into account significant technological advancements in the sector. In addition to other areas of expertise, focuses on the analysis of high-tech systems and advanced production systems. The Hybrid Cloud market report includes key business insights, demand analysis, pricing analysis, and competitive landscape.
Hybrid Cloud Market Scope and Methodology:
The hybrid cloud market was estimated to be worth US$ 61.41 billion in 2023, and from 2024 to 2030, it is predicted that overall hybrid cloud revenue would increase at a rate of 13.51%, or close to US$ 149.11 billion.
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Hybrid Cloud Market Regional Insights
North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa make up the majority of the Hybrid Cloud market segments. The study includes a detailed analysis of the market size, growth rate, import and export by region, and other factors. The Hybrid Cloud market status of the various countries featured in the research is provided by the Regional Analysis.
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Hybrid Cloud Market Segmentation
by Component
Solution
Services
Over the course of the projection period, the services segment is anticipated to develop at a CAGR of 8.7%. The use of hybrid clouds in business is expected to increase in the upcoming years because to its improved scalability, low cost, and secure deployment options. It has become an essential part of company operations. Establishing a hybrid hosting environment with co-location, dedicated servers, and virtualized systems is becoming easier for businesses to combine.
In times of high demand, Infrastructure-as-a-Services, for instance, facilitates the transfer of operations from on-premises systems to the cloud. It is simpler to deploy resources to more important firm duties thanks to this advantage. In both public and private cloud environments, businesses can improve performance, expedite delivery times, boost productivity, and offer flexible computing options. For businesses overall
by Service Model
Software as a service (SaaS)
Infrastructure as a service (IaaS)
Platform as a service (PaaS)
Over the course of the forecast period, the SaaS market is anticipated to expand at a CAGR of 9.7%. SaaS is quite popular because of its quick setup, easy maintenance, and variable pricing. Over 70% of businesses are shifting the majority of their apps to SaaS platforms as more and more shift their operations to the cloud. The need for SaaS solutions that let collaborative teams access formerly centralized data and analytics has increased due to remote working.
Throughout the projection period, SaaS product demand is anticipated to increase quickly as their Total Cost of Ownership gets closer to that of on-premise deployment choices. The growing number of businesses providing cloud-based services and the rising demand for SaaS delivery models are anticipated to accelerate the expansion of the
by Organization Size
Large enterprises
Small and medium enterprises
by Industry Vertical
IT & Telecom
Healthcare
BFSI
Retail
Government
Media & entertainment
Transportation & Logistics
Manufacturing
Others
Over the projection period, the BFSI segment is anticipated to increase at a CAGR of 8.2%. Cloud computing is a key component of the digital transformation that banks have deployed in response to the growth of internet banking in the BFSI sector. Businesses in the BFSI sector have benefited from reduced costs, increased flexibility, improved client relations, and a climate of innovation thanks to cloud computing. The COVID-19 pandemic has changed how people communicate and do business. One of the factors driving demand for the expansion of the BFSI segment is the usage of cloud services for client data storage and monitoring. Digital wallets, payment gateways, online fund transfers, and unified user experiences are just a few of the services that are anticipated to be crucial to the BFSI sector and to facilitate the shift in general.
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Hybrid Cloud Market Key Players
1. Microsoft Corporation
2. Amazon Web Services, Inc.
3. VMware, Inc.
4. Rackspace Inc.
5. Hewlett Packard Enterprise
6. Dell EMC
7. IBM Corporation
8. Google LLC
9. Verizon Enterprise
10. Cisco Systems, Inc.
11. AWS
12. Oracle
13. Alibaba
14. Equinix
15. NetApp
16. Atos
17. Fujitsu
18. CenturyLink
19. NTT Communications
20. Citrix
21. Pure Storage
22. Unitas Global
23. Quest Software.
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Key questions answered in the Hybrid Cloud Market are:
- What is Hybrid Cloud?
- What was the Hybrid Cloud market size in 2023?
- What is the growth rate of the Hybrid Cloud Market?
- Which are the factors expected to drive the Hybrid Cloud market growth?
- What are the different segments of the Hybrid Cloud Market?
- What growth strategies are the players considering to increase their presence in Hybrid Cloud?
- What are the upcoming industry applications and trends for the Hybrid Cloud Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Hybrid Cloud Market?
- Who are the leading companies and what are their portfolios in Hybrid Cloud Market?
- What segments are covered in the Hybrid Cloud Market?
- Who are the key players in the Hybrid Cloud market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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