PUBLISHER: Lucintel | PRODUCT CODE: 1356760
PUBLISHER: Lucintel | PRODUCT CODE: 1356760
Hybrid Cloud Trends and Forecast
The future of the global hybrid cloud market looks promising with opportunities in the BFSI, IT & telecom, retail, manufacturing, media & entertainment, healthcare, and transportation sectors. The global hybrid cloud market is expected to reach an estimated $292.4 billion by 2030 with a CAGR of 17.4% from 2024 to 2030. The major drivers for this market are increasing need for interoperability standards between existing systems and cloud services, rising preference for software-as-a-service (SaaS) and multi-cloud spaces, and expanding business trends toward the use of remote work and video conferencing tools.
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Hybrid Cloud by Segment
The study includes a forecast for the global hybrid cloud by component, service type, service model, end use industry, and region.
Hybrid Cloud Market by Component [Shipment Analysis by Value from 2018 to 2030]:
Hybrid Cloud Market by Service Type [Shipment Analysis by Value from 2018 to 2030]:
Hybrid Cloud Market by Service Model [Shipment Analysis by Value from 2018 to 2030]:
Hybrid Cloud Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
Hybrid Cloud Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Hybrid Cloud Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies hybrid cloud companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hybrid cloud companies profiled in this report include-
Hybrid Cloud Market Insights
Lucintel forecasts that solution is expected to witness highest growth over the forecast period due to growing acceptance of cloud-native hybrid cloud management solutions among enterpries.
BFSI will remain the largest segment due to increasing use of hybrid cloud in this sector to enable flexibility, continous innovation, maintain improved client relationships, and adopt cost savings approach.
North America will remain the largest region due to expanding demand for cloud computing techniques among organizations and presence key players in the region.
Features of the Global Hybrid Cloud Market
Market Size Estimates: Hybrid cloud market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Hybrid cloud market by various segments, such as by component, service type, service model, end use industry and region in terms of($B).
Regional Analysis: Hybrid cloud market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different components, service types, service models, end use industries, and region.s for the hybrid cloud market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the hybrid cloud market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1. What is the hybrid cloud market size?
Answer: The global hybrid cloud market is expected to reach an estimated $292.4 billion by 2030.
Q.2. What is the growth forecast for hybrid cloud market?
Answer: The global hybrid cloud market is expected to grow with a CAGR of 17.4% from 2024 to 2030.
Q.3. What are the major drivers influencing the growth of the hybrid cloud market?
Answer: The major drivers for this market are increasing need for interoperability standards between existing systems and cloud services, rising preference for software-as-a-service (SaaS) and multi-cloud spaces, and expanding business trends toward the use of remote work and video conferencing tools.
Q.4. What are the major segments for hybrid cloud market?
Answer: The future of the hybrid cloud market looks promising with opportunities in the BFSI, IT & telecom, retail, manufacturing, media & entertainment, healthcare, and transportation sectors.
Q.5. Who are the key hybrid cloud market companies?
Answer: Some of the key hybrid cloud companies are as follows:
Q.6. Which hybrid cloud market segment will be the largest in future?
Answer: Lucintel forecasts that solution is expected to witness highest growth over the forecast period due to growing acceptance of cloud-native hybrid cloud management solutions among enterpries.
Q.7. In hybrid cloud market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to expanding demand for cloud computing techniques among organizations and presence key players in the region.
Q.8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.