Hybrid Cloud Market Research Report 2023, Size, Share, Growth, Analysis, Trends and Forecast 2028

by Zayn Mathew Market Research Reports

According to the latest report by IMARC Group, titled “Hybrid Cloud Market Share: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,”The global hybrid cloud market size reached US$ 104.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 312.6 Billion by 2028, exhibiting a growth rate (CAGR) of 19.1% during 2023-2028."

A hybrid cloud is a computational environment that uses a public and a private cloud to allow data and applications to be shared between them. It enables businesses to seamlessly scale their on-site infrastructure to the public cloud to handle any overflow. This enables them to meet any fluctuations in computing and processing demands without allowing third-party data centers to access their data. Hybrid cloud solutions are gaining momentum worldwide as they enable organizations to gain public cloud versatility and computing resources for primary and non-sensitive computing tasks while keeping business-critical applications and data on-premises, safely behind a company firewall.

Hybrid Cloud Market Trends:

Hybrid cloud computing offers numerous benefits, such as flexibility, scalability, and cost-efficiency, with low data exposure risk. On account of these advantages, several organizations are shifting toward hybrid cloud solutions to achieve security of data and large storage spaces to reduce their capital expenditure and enhance capabilities through digitizing their infrastructure. Due to the spread of the coronavirus disease (COVID-19) worldwide, businesses are embracing remote work and video conferencing technologies, which, in turn, is escalating the demand for hybrid cloud systems for business continuity. Furthermore, technological advancements, such as the integration of artificial intelligence (AI), the Internet of Things (IoT), machine learning (ML) and edge computing, are also enhancing the functioning of hybrid cloud systems, thereby providing a positive outlook for the market. Moreover, the leading companies are developing advanced hybrid cloud services to support next-generation workloads in latency-sensitive, bandwidth-intensive, and data transfer-heavy applications.

Request Free Sample Report:

Global Hybrid Cloud Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Alibaba Group Holding Limited, Amazon Inc., Century Link Inc., Cisco Systems Inc., Citrix Systems Inc., Dell Technologies Inc., DXC Technology Company, Fujitsu Ltd. (Furukawa Group), Google (Alphabet Inc.), Hewlett Packard Enterprise Company, IBM Corporation, Microsoft Corporation, Oracle Corporation, Rackspace Inc. and VMWare Inc.

The report has segmented the market on the basis on region, component, service, service type, service model, organization size and vertical.

Breakup by Component:

  • Solutions
  • Services

Breakup by Service:

  • Professional Services
  • Managed Services

Breakup by Service Type:

  • Cloud Management and Orchestration
  • Disaster Recovery
  • Hybrid Hosting

Breakup by Service Model:

  • Infrastructure as a Service
  • Platform as a Service
  • Software as a Service

Breakup by Organization Size:

  • Small Enterprises
  • Medium Enterprises
  • Large Enterprises

Breakup by Vertical:

  • Government and Public Sector
  • Healthcare
  • Banking, Finance, Services and Insurance (BFSI)
  • Retail
  • Information and Communication Technology
  • Manufacturing
  • Others

Breakup by Region:

    • North America: (United States, Canada)
    • Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
    • Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
    • Latin America: (Brazil, Mexico, Others)
    • Middle East and Africa

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure:

Other Related Reports By IMARC:

Ota Transmission Platform Market

Clickstream Analytics Market

Live Chat Software Market

Embedded Computer Market

In-App Advertising Market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US


134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800


Follow us on Twitter: @imarcglobal


Sponsor Ads

About Zayn Mathew Advanced   Market Research Reports

77 connections, 0 recommendations, 339 honor points.
Joined APSense since, February 20th, 2018, From Brooklyn, United States.

Created on Oct 25th 2021 07:24. Viewed 264 times.


No comment, be the first to comment.
Please sign in before you comment.