DUBLIN, Feb. 23, 2021 /PRNewswire/ -- The "Global Hybrid Cloud Market By Component (Solution v/s Service), By Delivery Model (Infrastructure-as-a-Service, Platform-as-a-Service, Software-as-a-Service), By Organization Size, By End User Industry, By Company, By Region, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.
The Global Hybrid Cloud Market is expected to grow at a formidable rate of around 16% during the forecast period. The Global Hybrid Cloud Market is driven by the increased adoption of the hybrid cloud solutions across the various end-user industries and corporates since it helps organizations improve their efficiency and productivity. Additionally, associated benefits with cloud such as affordability, flexibility, scalability, auto-updation feature, 24/7 availability, large storage spaces, among others is further expected to propel the market through 2026. Furthermore, increasing investments by the major players operating in the market coupled with new service and software launches is expected to create lucrative opportunities for the market growth over the next few years. However, lack of awareness related to hybrid cloud especially in the emerging countries can hamper the market growth during the forecast period. Besides, data security and privacy concerns can further restrict the market growth over the next few years.
The Global Hybrid Cloud Market is segmented based on component, delivery model, organization size, end-user industry, company and region. Based on component, the market can be bifurcated into solution and service. The service segment is expected to dominate the market owing to their cost effectiveness and ease in access. Based on delivery model, the market can be categorized into infrastructure-as-a-service, platform-as-a-service and software-as-a-service. The software-as-a-service segment is expected to dominate the market since the end-user industries require more purpose built and customized solutions to meet the business requirements.
While the infrastructure-as-a-service is expected to register significant growth during the forecast period attributable to their role in enhancing the productivity and performance by providing flexible computing capacities and faster delivery. Based on organization size, the market can be categorized into large enterprises and SMEs. The SMEs segment is expected to grow significantly during the forecast period since it increases organizational productivity and does not require an internet connection. Hence, SMEs are extensively adopting hybrid cloud solutions.
Regionally, the Global Hybrid Cloud Market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, North America is expected to dominate the overall hybrid cloud market owing to the increased adoption of cloud services and the growing demand for hybridization services in the region.
The major players operating in the Global Hybrid Cloud Market IBM Corporation, Oracle Corporation, Microsoft Corporation, VMWare Inc., Google, DXC Technologies, Fujitsu, NTT Communications, Dell EMC, Equinix and others. Major companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Objective of the Study:
To analyze and estimate the market size of the Global Hybrid Cloud Market from 2016 to 2019.
To estimate and forecast the market size of the Global Hybrid Cloud Market from 2020 to 2026 and growth rate until 2026.
To classify and forecast the Global Hybrid Cloud Market based on component, delivery model, organization size, end-user industry, company and regional distribution.
To identify dominant region or segment in the Global Hybrid Cloud Market.
To identify drivers and challenges for the Global Hybrid Cloud Market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Hybrid Cloud Market.
To identify and analyze the profile of leading players operating in the Global Hybrid Cloud Market.
To identify key sustainable strategies adopted by market players in the Global Hybrid Cloud Market.
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Global Hybrid Cloud Market
4. Executive Summary
5. Voice of Customer
6. Global Hybrid Cloud Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Component (Solution v/s Service)
6.2.2. By Delivery Model (Infrastructure-as-a-Service, Platform-as-a-Service, Software-as-a-Service)
6.2.3. By Organization Size (Large Enterprises v/s SMEs)
6.2.4. By End User Industry (BFSI, IT & Telecommunications, Healthcare, Retail, Media & Entertainment, Manufacturing, Others)
6.2.5. By Company (2020)
6.2.6. By Region
6.3. Product Market Map
7. Asia-Pacific Hybrid Cloud Market Outlook
7.1. Market Size & Forecast
7.2. Market Share & Forecast
7.3. Asia-Pacific: Country Analysis
8. Europe Hybrid Cloud Market Outlook
8.1. Market Size & Forecast
8.2. Market Share & Forecast
8.3. Europe: Country Analysis
9. North America Hybrid Cloud Market Outlook
9.1. Market Size & Forecast
9.2. Market Share & Forecast
9.3. North America: Country Analysis
10. South America Hybrid Cloud Market Outlook
10.1. Market Size & Forecast
10.2. Market Share & Forecast
10.3. South America: Country Analysis
11. Middle East and Africa Hybrid Cloud Market Outlook
11.1. Market Size & Forecast
11.2. Market Share & Forecast
11.3. MEA: Country Analysis
12. Market Dynamics
13. Market Trends & Developments
14. Competitive Landscape
14.1. IBM Corporation
14.2. Oracle Corporation
14.3. Microsoft Corporation
14.4. VMWare Inc.
14.5. Alphabet Inc.
14.6. DXC Technologies Co.
14.7. Fujitsu Ltd.
14.8. NTT Communications Corp.
14.9. Dell EMC
14.10. Equinix Inc.
15. Strategic Recommendations
16. About the Publisher & Disclaimer
For more information about this report visit https://www.researchandmarkets.com/r/5m2b9x
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SOURCE Research and Markets