Hybrid Cloud Market by End user and Geography - Forecast and Analysis 2020-2024

  • Published: May 2020
  • Pages: 120
  • SKU: IRTNTR43346
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The hybrid cloud market size has the potential to grow by USD 67.62 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. This report provides a detailed analysis of the market end-user (BFSI, retail, healthcare, telecom, and others) and geography (North America, Europe, APAC, South America, and MEA). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Accenture Plc, Alphabet Inc., CenturyLink Inc., Cisco Systems Inc., Dell Technologies Inc., Equinix Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., International Business Machines Corp., and Microsoft Corp.

Market Overview

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Market Competitive Analysis

The market is fragmented. Accenture Plc, Alphabet Inc., CenturyLink Inc., Cisco Systems Inc., Dell Technologies Inc., Equinix Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., International Business Machines Corp., and Microsoft Corp. are some of the major market participants. Hybrid cloud simplifies disaster recovery, hybrid cloud solutions lower TCO, and offer security and compliance benefits. These factors will offer immense growth opportunities. However, network connectivity issues and latency, compatibility issues between public and private clouds, and hybrid cloud construction requires significant expertise may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this hybrid cloud market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this hybrid cloud market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Accenture Plc
  • Alphabet Inc.
  • CenturyLink Inc.
  • Cisco Systems Inc.
  • Dell Technologies Inc.
  • Equinix Inc.
  • Fujitsu Ltd.
  • Hewlett Packard Enterprise Co.
  • International Business Machines Corp.
  • Microsoft Corp.

Hybrid Cloud Market: Segmentation by Geography

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The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. North America will offer several growth opportunities to market vendors during the forecast period.

35% of the market’s growth will originate from North America during the forecast period. The US is the key market for hybrid cloud in North America. This report provides an accurate prediction of the contribution of all segments to the growth of the hybrid cloud market size.

Hybrid Cloud Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive hybrid cloud market growth during the next five years
  • Precise estimation of the hybrid cloud market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the hybrid cloud market industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of hybrid cloud market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The hybrid cloud market growth will increase by $67.62 billion during 2019-2024.
The hybrid cloud market is expected to grow at a CAGR of 19.53% during 2019-2024.
Technavio has segmented the hybrid cloud market by end user (BFSI, Retail, Healthcare, Telecom, and Others) and geographic (North America, Europe, APAC, South America, and MEA).
Accenture Plc, Alphabet Inc., CenturyLink Inc., Cisco Systems Inc., Dell Technologies Inc., Equinix Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., International Business Machines Corp., Microsoft Corp. are a few of the key vendors in the hybrid cloud market.
North America will register the highest growth rate of 35.23% among the other regions. Therefore, the hybrid cloud market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the hybrid cloud market growth are:
  • Hybrid cloud simplifies disaster recovery
The hybrid cloud market vendors should focus on grabbing business opportunities from the bfsi segment as it accounted for the largest market share in the base year.
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