Hybrid Cloud Market Report: Key Players and Strategies.
According to VynZ Research, the Global Hybrid Cloud Market is expected to grow at a CAGR of
18% from 2022 to 2030, reaching a value of $132 billion. This growth is driven
by several factors, including the increasing demand for secure and reliable
cloud solutions, the need to modernize legacy systems, and the rise of big data
analytics and IoT.
One of the key advantages of Hybrid Cloud Market is its ability to offer a hybrid
approach to workload management, allowing businesses to choose where their data
is stored and processed based on their specific needs. This means that
sensitive data can be kept in a private cloud, while less critical workloads
can be offloaded to a public cloud for better cost-efficiency.
Another factor driving the growth
of Hybrid
Cloud Market is the
increasing adoption of multi-cloud strategies, where businesses use multiple
cloud providers for different services. This approach helps avoid vendor
lock-in and ensures redundancy and disaster recovery in case of outages.
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In terms of industry verticals, the
healthcare and life sciences, BFSI, and government sectors are expected to be
the biggest adopters of hybrid cloud solutions in the coming years. These
industries have stringent regulatory requirements and deal with sensitive data
that needs to be stored and processed securely.
The key
players in the Hybrid Cloud Market include General Electric (U.S.), IBM (U.S.),
PTC (U.S.), Microsoft (U.S.), Siemens (Germany), ANSYS, Inc (U.S.), SAP SE
(Germany), Robert Bosch GmbH (Germany), Swim Inc. (U.S.), RACKSPACE TECHNOLOGY
(U.S.), NetApp (U.S.), Atos SE (U.S.), Fujitsu (Japan), CenturyLink (U.S.),
Hewlett Packard Enterprise Development LP (U.S.), Dell Inc., (U.S.), Cisco Systems
Inc., (U.S.), AWS (U.S.), Oracle (U.S.), Google Inc., (U.S.), Atos SE
(France) and KELLTON TECH (India).
Overall, the hybrid cloud market
presents significant growth opportunities for businesses of all sizes and
industries. As the technology continues to evolve and mature, it will become
even more critical for companies looking to stay competitive and agile in
today's digital landscape.
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