WORLDWIDE HYBRID CLOUD COMPUTING MARKET:
Rising adoption of hybrid cloud computing across SMEs and large industries improves the strength of the market. The manufacturing industry holds more than 30% of the verticals market share followed by telecommunication & IT which holds 11% of the market share.
Worldwide Hybrid Cloud Computing Market to grow at a CAGR of 34.3% during the period 2016–2022 to aggregate $241.13 billion by 2022.
COMPANIES MENTIONED ARE – Dell Inc., Amazon Web Services, Inc., VMware, Inc., Rackspace Hosting, Inc., RightScale, Inc., Cisco Systems, Inc., EMC Corporation, Computer Sciences Corporation, AT&T, Inc., Equinix, Inc., Citrix Systems Inc., Oracle Corporation, Microsoft Corporation, International Business Machines Corporation, Green House Data, Atlantic.Net, Velostrata.
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Countries Covered are –
North America (US, Canada)
Europe (France, UK, Germany)
Asia Pacific (Macau, ANZ, South Korea, Malaysia, Singapore)
Latin America (Argentina, Mexico)
Middle East & Africa (South Africa, Lebanon, Israel, UAE).
Products Mentioned are – Solutions (Application Architecture, Network Integration, Management Systems)
Service Model (Iaas, PaaS, SaaS)
Product: Banking & Financial Services, Consumer Goods & Retail, Healthcare, Manufacturing, Media & Entertainment, Energy & Utilities, Government, Telecommunication & IT, Transportation & Logistics, Others
According to Research, currently hybrid cloud is at an early adoption stage and organizations across all verticals and sizes are implementing a hybrid cloud. Most of the enterprises are benefiting from the hybrid adoption as it helps to save cost with its pay as you use model. A rapid increase in the private cloud adoption is driving the hybrid cloud market with nearly 82% of the enterprises planning to have a hybrid cloud strategy by 2017. The market is expected to grow at a CAGR of 34.3% during the period 2016–2022 to touch an aggregate of $241.13 billion by 2022. Hybrid cloud provides a single solution to organizations involved in multiple verticals; more than 50% of the large enterprises are planning to implement hybrid cloud by 2018. In addition to that, the hybrid cloud provides a significant opportunity for cost savings by shutting down unused workloads and by helping to select lower-cost clouds based on the requirement. The hybrid cloud computing market is analyzed by four segments: solutions, service model, verticals and regions.
The main objective of this study is to understand the world hybrid cloud market. The focus is on different hybrid cloud services and applications available in the market with a keen focus on Application Architecture, Network Integration and Management Systems. The report explains in detail about the industry structure of the hybrid cloud penetration across the various industry sectors, the total market size of the world hybrid cloud industry and its segments. One of the important aspects of the report is the future outlook, which gives a fair idea of how the industry is going to perform in the coming years. In addition, the report also discusses the key players in the market, how hybrid cloud technology supports organisations to shift data and applications from private to the public cloud to reduce the web traffic.
The world hybrid cloud market estimate in 2016 is $41.15 billion and the estimated market for 2022 is $241.13 billion, driven by all segments of the industry. The high growth is mainly from Manufacturing and Telecommunication & IT industries. The Software as a Service (SaaS) sector is expected to grow at a fast pace in the next five years with the expected compound annual growth rate (CAGR) of 34.1% by 2022
The report aims to highlight key insights from providers and end-users. The report provides an in-depth analysis and forecast about the industry covering the following key features:
– An in-depth analysis of upcoming regions and verticals for hybrid cloud computing adoption in the next 6–7 years
– Usage and adoption rate of different service models in each industry verticals
– Provides an in-depth analysis of the key business opportunities in each vertical and regions
– Provides industry outlooks such as current and future market trends and drivers, restraints and emerging technologies
– Analysis of the market by six distinct geographical regions – North America, Western Europe, Central Eastern Europe, Asia Pacific, Latin America and the Middle East & Africa.
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