TMCnet News

Global Hybrid Cloud Market Worth USD 91.74 Billion by 2021 - Analysis, Technologies & Forecasts Report 2016-2021 - Key Vendors: Amazon, Cisco Systems, Dell - Research and Markets

[May 06, 2016]

Global Hybrid Cloud Market Worth USD 91.74 Billion by 2021 - Analysis, Technologies & Forecasts Report 2016-2021 - Key Vendors: Amazon, Cisco Systems, Dell - Research and Markets

Research and Markets has announced the addition of the "Hybrid Cloud Market by Solution, by Service, by Service Mode - Global Forecast to 2021" report to their offering.

The hybrid cloud market is estimated to reach USD 91.74 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 22.5% from 2016 to 2021.

The growing requirement of organizations for agile, scalable, and cost effective cloud computing solutions has increased the demand for hybrid cloud solutions and services. Along with this, the rising need of standards for interoperability between cloud services and existing systems, increasing demand to avoid vendor lock-in, and increasing digital services and their applications have contributed significantly towards the growth of the hybrid cloud market.

The Hybrid cloud market is segmented on the basis of regions into North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America. The market has also been segented on the basis of verticals into Banking, Financial Services, and Insurance (BFSI), consumer goods and retail, education, government and public sector, healthcare and life sciences, manufacturing, media and entertainment, telecommunication and ITES, and others.

Companies Mentioned: