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Hybrid Cloud Market Size, Share, Upcoming Opportunities, Emerging Technologies, Competitive Landscape, and Regional Forecast To 2025 | Analysis of COVID-19

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Ehtesham Peerzade

Market Highlights

Market Research Future (MRFR), in its latest the global hybrid cloud market report reveals that the world hybrid cloud market 2020 is expected to rise at by 2025. MRFR reveals that the hybrid cloud market value was USD 44.87 Bn in 2018 and it is expected to touch USD 173.33 Bn by 2025. The computing environment that comprises private and public cloud is called hybrid cloud. Hybrid cloud allows easy of sharing data and applications between them. The hybrid cloud works on infrastructure and application level. In case of the infrastructure layer, the formation of hybrid cloud is in the combination of different cloud services and virtual machines.

The main reason organizations adopt the hybrid cloud approach is that it gives them maximum flexibility to explore new products and business models. If your business needs are continually changing, your development team can benefit from having a private environment on which to build and test new software without having to dramatically rearrange your IT resources and architecture.

Also Read: http://www.marketwatch.com/story/hybrid-cloud-market-value-to-touch-usd-17333-bn-by-2025-hybrid-cloud-market-size-share-growth-analysis-future-prospects-and-industry-analysis-2020-04-29 

Segmentation:

The segment study of the world global hybrid cloud market is based on organization size, component, service model, service type, and vertical. The hardware based segment of the hybrid cloud market are solutions and services. The organization size of the hybrid cloud market segments are SMEs and large enterprises. The service type based segments of the market are cloud management & orchestration, hybrid hosting, and disaster recovery services. The service model based segments of the hybrid cloud market are platform as a service, infrastructure as a service, and software as a service. The vertical based segment of the hybrid cloud market are retail, BFSI, IT & Telecom, healthcare, transportation, media & entertainment, manufacturing, and others.

Key Players

MRFR listed some important players in the world hybrid cloud market. They are ; NTT Communications Corporation (Japan), Equinix, Inc. (US), Hewlett Packard Enterprise Development LP (US), Rackspace (US), VMware Inc. (US), Amazon.com Inc. (US), Google LLC (US), IBM Corporation (US), Cisco Systems, Inc. (US), Oracle Corporation (US), and Microsoft Corporation (US).

Regional Study

North-America is dominating the Global hybrid cloud market share accounting for astronomical amounts and is expected to grow over its previous growth records by 2027. Due to availability of large IT market and developed cloud data centres in the region, North America is anticipated to grow at a rapid rate. 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 centres and cloud services and increasing trend of large enterprises combining private and public operations for hybrid cloud computing.

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Ehtesham Peerzade
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