What is Hybrid Cloud Technologies Market?
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.
The market study is being classified, by Application (Small and medium-sized businesses (SMEs) and Large enterprises) and major geographies with country level break-up.
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 profiled in the study. Additionally, the Players which are also part of the research are NetApp (United States), Atos (United States), Fujitsu (Japan), CenturyLink (Louisiana), HPE (United States) and DXC (United States).
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. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Hybrid Cloud Technologies market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Hybrid Cloud Technologies market by Type, Application 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Demand for Agile, Scalable and Cost-Effective Computing
- Rising Need for Interoperability Standards Between Cloud Services and Existing Systems
- Increasing Focus to Avoid Vendor Lock-In
- Lack of Awareness About Piracy and Data Protection
- Lack of Technical Expertise
- Growing Demand for More Computational Power
- Growth in Digital Services and Their Applications
- Secured Integration of Cloud and on-Premise Application Workloads
- Workload Complexities in Hybrid Cloud Environment
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 AudienceHybrid Cloud Technologies Providers, Emerging Companies, Research Professionals and End-users
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