Capacity planning and estimating the storage requirement for all the information technology solutions throughout the organization is a critical process. Thus, the hybrid cloud based solution is the best option to eliminate data transfer fluctuations as the hybrid cloud is able to deal with on demand scalability. The Hybrid clouds are referred to the combination of two or more public, private or hybrid clouds. The combined clouds possess their own properties, but they are integrated to provide ideal solutions for the organizations. These clouds provide number of benefits such as, scalability, flexibility, and security and cost efficiency. Owing to these properties, there will a significant demand for the hybrid clouds in the upcoming years. According to AMA Research, the market for Hybrid Cloud is expected to register a CAGR of 19.21% during the forecast period to 2027.
This growth is primarily driven by Increasing Need for Responsive, Accessible, and Cost Saving Cloud Applications
|Value Unit||USD (Billion)|
|Key Companies in Study||Microsoft Corporation (United States), Amazon Web Services, Inc. (AWS) (United States), Dell Technologies (United States), Rackspace (United States), Hewlett Packard Enterprise (United States), International Business Machines Corporation (IBM) (United States), Alphabet Inc. (Google) (United States), Oracle Corporation (United States), Equinix Inc. (United States) and Cisco Systems Inc. (United States)|
|Customization Scope||Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility|
The Data Storage and Management sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Microsoft Corporation (United States), Amazon Web Services, Inc. (AWS) (United States), Dell Technologies (United States), Rackspace (United States), Hewlett Packard Enterprise (United States), International Business Machines Corporation (IBM) (United States), Alphabet Inc. (Google) (United States), Oracle Corporation (United States), Equinix Inc. (United States) and Cisco Systems Inc. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2021, Tech Mahindra announced that it has expanded its collaboration with Microsoft to enhance its hybrid cloud capabilities. The goal of this collaboration is to accelerate hybrid cloud transformation, consolidate virtualized workloads, and build enterprise resiliency by leveraging Microsoft Azure Stack HCI, a new hyperconverged infrastructure (HCI) solution. and On January 14th, 2019, a global information technology infrastructure services as well as cloud infrastructure provider ‘Amazon Web Services Inc. (AWS)’ has acquired TSO Logic which provides analytics-driven insights to drive smarter migrations. In addition to this, the company has acquired ‘Sqrrl’ which provides a big data analytic tool for detecting, investigating, and visualizing advanced cybersecurity threats.
In 2021, Citrix Systems and Google Cloud announced a new collaboration that includes Citrix launching a new Desktop-as-a-Service (DaaS) product on Google Cloud. The service leverages Citrix's management plans and HDX protocol to seamlessly deliver virtualized applications and desktops on Google Cloud. and On December 20th, 2018, Microsoft Corporation has launched the Intelligent Cloud Hub Program to build an AI-ready workforce. The company will set up an IOT Hub as well as core artificial intelligence infrastructure for all campuses under this program. It will also offer a wide range of AI developmental tools and Azure AI Services such as Microsoft Cognitive Services, Azure Machine Learning, and Bot Service.
Hybrid Cloud Market Dynamics:
- Increasing Need for Responsive, Accessible, and Cost Saving Cloud Applications
- Rising Digitalization and Increasing Applications of Hybrid Clouds
- Growing Demand for Identically Structured Cloud Services and Existing Systems
- Increasing Investments in Highly Automotive New Digital Transformation Initiatives
- Lack of Bandwidth Providers are Unable to cope up with the Rising Demand
- Complexities in Data Security and Protection for Hybrid Clouds
|Road Blocks / Challenges|
- Growing Latency in the Cloud-Based Networks
- Stringent Government Regulations Regarding Internet Security and Cloud-Based Operations
|Gaps & Opportunities|
- Growing Need for Excessive Cloud Storages with Maximum Computational Power
- Increasing Availability of Internet Connectivity across the Globe
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Hybrid Cloud Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the medium utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Hybrid Cloud Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, SEC filings of Hybrid Cloud players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the ReportAMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Hybrid Cloud Study Sheds Light on The Hybrid Cloud Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Hybrid Cloud industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Hybrid Cloud industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.