About Hybrid Cloud Technologies
A hybrid cloud is a solution that combines a private cloud with one or more public cloud services, with proprietary software enabling communication between each distinct service. It refers to mixed computing, storage, and services environment made up of on-premises infrastructure, private cloud services, and a public cloud such as Amazon Web Services (AWS) or Microsoft Azure with orchestration among the various platforms. It relies on a single plane of management, unlike a multi-cloud strategy wherein admins must manage each cloud environment separately.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Hybrid Cloud Technologies market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM (United States), Microsoft (United States), Cisco Systems (United States), AWS (United States), Oracle (United States), Google (United States), VMware (United States), Alibaba (China), Equinix (United States) and Rackspace (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are NetApp (United States), Atos (United States), Fujitsu (Japan), CenturyLink (Louisiana), HPE (United States) and DXC (United States).
Segmentation Overview
AMA Research has segmented the market of Global Hybrid Cloud Technologies market by , Application (Small and medium-sized businesses (SMEs) and Large enterprises) and Region.
On the basis of geography, the market of Hybrid Cloud Technologies has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Vertical, the sub-segment i.e. BFSI will boost the Hybrid Cloud Technologies market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service Model, the sub-segment i.e. Infrastructure-as-a-Service will boost the Hybrid Cloud Technologies market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Solution will boost the Hybrid Cloud Technologies market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service Type, the sub-segment i.e. Cloud management and orchestration will boost the Hybrid Cloud Technologies market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Focus to Avoid Vendor Lock-In
Market Growth Drivers:
Growing Demand for Agile, Scalable and Cost-Effective Computing and Rising Need for Interoperability Standards Between Cloud Services and Existing Systems
Challenges:
Secured Integration of Cloud and on-Premise Application Workloads and Workload Complexities in Hybrid Cloud Environment
Restraints:
Lack of Awareness About Piracy and Data Protection and Lack of Technical Expertise
Opportunities:
Growing Demand for More Computational Power and Growth in Digital Services and Their Applications
Market Leaders and their expansionary development strategies
In July 2021, IBM (NYSE: IBM) has acquire BoxBoat Technologies, a premier DevOps consultancy and enterprise Kubernetes certified service provider. BoxBoat will extend IBM's container strategy and implementation services portfolio to further advance IBM's hybrid cloud strategy and accelerate Red Hat OpenShift adoption globally.
In July 2019, IBM and Red Hat announced that they have closed the transaction under which IBM acquired all of the issued and outstanding common shares of Red Hat. The acquisition redefines the cloud market for business.
Key Target Audience
Hybrid Cloud Technologies Providers, Emerging Companies, Research Professionals and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.