Global Hybrid cloud Market By Component (Service & Solution), By Delivery Model (Software-as-a-service, Infrastructure-as-a-service & Platform-as-a-service), By Organization Size (Large Enterprises & SMEs), By End User (IT & Telecommunications, BFSI, Healthcare, Retail, Media & Entertainment, Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data and Forecasts 2022 – 2030

Report Code : BII 957 Jan-2022 Information & Technology Format : PDF Pages : 217

     



Global Hybrid Clouds Market Overview

A hybrid cloud is valuable for dynamic and highly changeable workloads. In addition, increasing demand from various industry verticals such as telecommunication, retail, and government and public sector is another factor expected to support growth of the target market. Furthermore, increasing adoption of these cloud services from hospitals and clinics to deliver quality and affordable services to the patients is another factor expected to further boost the growth of the global market. Furthermore, rising demand from various industry verticals such as telecommunications, retail, and government and public sector is likely to aid the target market's expansion. In addition, increased use of these cloud services by hospitals and clinics to provide excellent and inexpensive services to patients is expected to enhance the global market's growth.

The hybrid cloud market will be driven by rising acceptance of digital services and rising demand for cost-effective, agile, and scalable computing. Besides, Lack of awareness regarding piracy and data security, as well as a scarcity of technical competence, are limiting hybrid cloud adoption.

Market Size

According to Business Intelligence Insights “Global Hybrid Clouds Market" is expected to grow from USD 79.20 billion in 2021 to USD 227.51 billion by 2030, at a CAGR of 14.10% during the forecast period 2022-2030


Covid -19 Impact Analysis

The unanticipated outbreak of Covid 19 has had a positive influence on market growth. Except for a few, such as the hybrid cloud sector, some enterprises have been hit hard by the ongoing COVID-19 crisis. There has been a demand for remote working and work from home because of government-imposed lockdowns and social distancing trends. Cloud computing is essential in this situation since it allows employees to access applications and systems from home.

Market Dynamics

•    Drivers

o    Rising demand from various industry verticals
o    Increased use of these cloud services by hospitals and clinics

•    Restraints

o    Lack of awareness regarding piracy and data security.

Segmentation Insights


By Service:

SAAS category dominated the market with highest share of 59.54 %

In 2021, The Software as a service (SaaS) segment is dominated the market with a share of 59.54% in the year 2021 in global hybrid cloud market during the forecast period. The Software as a service is a remarkable alternative to the conventional software installation. This is owing to the numerous advantages provided by SAAS, including reduced configuration and installation time, cheap cost, scalability and integration, ease of use, and simple transfer. As a result of these factors, the demand for SaaS will driving the market expansion over the upcoming years.

By Vertical:

BSFI category held the maximum market share of 33.22% in 2021

The mode of Vertical in which hybrid cloud can be taken are IT & telecom, healthcare, BFSI, retail, government, media & entertainment, transportation & logistics, manufacturing, and others.  In the worldwide dietary supplement industry, BSFI is the most popular vertical and holds the largest share. Due to the increased requirement to hold sensitive financial data and cost saving, the BFSI vertical is seeing significant expansion in the market. BFSI firms are increasingly using digital technologies in this digital age, demanding the need to efficiently split data loads and transfer important portions to the public cloud.

By Type
•    Botanicals
•    Vitamins
•    Minerals
•    Amino Acids
•    Enzymes
•    Probiotics
•    Other Hybrid cloud

By Function
•    Additional supplements
•    Medicinal supplements
•    Sports nutrition

By Target Consumer
•    Infant
•    Children
•    Adults
•    Pregnant women
•    Elderly

By Mode of Application
•    Tablets
•    Capsules
•    Powders
•    Liquids
•    Soft Gels
•    Gel Caps

By Region​​​​​​
•    North America

o    U.S.
o    Canada
•    Europe 
o    Germany
o    U.K.
o    France
o    Italy
o    Spain
o    Rest of Europe
•    Asia Pacific 
o    China
o    India
o    Japan
o    Rest of Asia Pacific
•    Latin America 
o    Brazil
o    Mexico
o    Rest of Latin America
•    Middle East and Africa 
o    UAE
o    South Africa
o    Rest of Middle East and Africa (MEA)

Key Players

  • IBM
  • Splunk Inc.
  • McAfee (Intel)
  • Rapid7 Inc.
  • SolarWinds Corp
  • BlackStratus
  • AlienVault (AT&T Inc.)
  • RSA (EMC Corporation)
  • Micro Focus International plc
  • ManageEngine (ZOHO Corporation)

Regional Insights

World map title will be here...

North America dominated the market with more than 33.2% of the market share

In both developed and emerging countries, the North America dietary supplement market grew rapidly over the upcoming years. The dietary supplement market in the country is being driven due to the enhancing performance of machine learning solutions with big data, the Internet of Things (IoT), and other emerging technologies. Government regulations in this region support digitization, which has resulted rise in the global hybrid cloud industry over the upcoming years. Similarly, in coming years, the growth of the dietary supplement market is foretold to show a significant increase in use of dietary products, such as, North America and Europe.

Table

Report Attributes
Details
Market Size Value in 2021 USD 79.20 billion
Market Size Value in 2030 USD 227.51 billion
Growth Rate +14.10%
Base Year 2021
Forecast Period 2022-2030
Historical Data 2018-2020
Forecast Units USD Billion
Countries Covered North America: U.S., Canada, Europe: Germany, U.K., France, Italy, Spain, Rest of Europe, Asia Pacific: China, India, Japan, Rest of Asia Pacific, Latin America: Brazil, Mexico, Rest of Latin America, Middle East and Africa: UAE, South Africa, Rest of Middle East and Africa (MEA)
Segments Covered By Type, By Function, By Target Consumer, By Mode of Application, By Region​​​​​​
Competitive landscape Leading companies, Competitive strategies and Consumer engagement scope
Customization is available If our report does not contain the information you require, you can contact our experts to have segments created for you. Please contact us at sales@businessintelligence-insights.com if you have any questions

 

Frequently Asked Questions (FAQ):

The Global Hybrid Clouds Market is predicted to grow at a 14.10% CAGR between 2022-2030.

According to Business Intelligence Insights “Global Hybrid Clouds Market" is expected to grow from USD 79.20 billion in 2021 to USD 227.51 billion by 2030, at a CAGR of 14.10% during the forecast period 2022-2030

SAAS category dominated the market with highest share of 59.54 40%

North America dominated the market with more than 33.2% of the market share

Key competitors in the Global Hybrid Clouds Market include IBM, Splunk Inc., McAfee (Intel), Rapid7 Inc., SolarWinds Corp, BlackStratus, AlienVault (AT&T Inc.), RSA (EMC Corporation), Micro Focus International plc, ManageEngine (ZOHO Corporation)
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