Hybrid Cloud Market - Global Forecast to 2021 - New Report Available

From: Fast Market Research, Inc.
Published: Fri May 20 2016

Hybrid Cloud Market by Solution (Cloud Management and Orchestration, Disaster Recovery, Security and Compliance, and Hybrid Hosting), by Service (Professional Services and Managed Services), by Service Model (IaaS, PaaS, and SaaS) - Global Forecast to 2021

"The growing demand of organizations for agile, scalable, and cost effective cloud computing solutions is driving the hybrid cloud market"

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. Factors such as 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 are contributing towards the significant growth of the hybrid cloud market. Organizations are deploying cloud-based solutions to overcome business challenges that are difficult to address with traditional IT infrastructure. Moreover, cost effectiveness of hybrid cloud solutions and services is driving this market.

Full Report Details at
- http://www.fastmr.com/prod/1171478_hybrid_cloud_global_forecast.aspx?afid=301

"Disaster recovery solution is expected to grow at a high CAGR during the forecast period"

The report studies the market on the basis of various solutions, including solutions. The disaster recovery solution is expected to grow at the highest CAGR during the forecast period. The disaster recovery solution enables the backup and recovery of data and applications on secondary storages or infrastructure. Hence, companies are deploying hybrid cloud solutions to leverage many benefits that solutions offer.

"Asia-Pacific is expected to grow at the highest CAGR"

The hybrid cloud market in North America is expected to hold the largest market share, followed by Europe. However, the market in Asia-Pacific (APAC) is expected to grow at the highest CAGR. The major factor contributing to the high growth of the hybrid cloud market in APAC is the increasing utilization of data centers and cloud services and increasing trend of large enterprises combining private and public operations for hybrid cloud computing in the region.

Breakdown of primary research interactions:

To determine and verify the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key people. Below are the details:

* By Company Type: Tier 1 (20%), Tier 2 (30%), and Tier 3 (50%)
* By Designation: C-level (25%), Director level (35%), and other executives (40%)
* By Region: North America (52%), Europe (23%), APAC (15%), and Rest of World (10%)

Reasons to Buy the Report:

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Cloud Based Contact Center Market - Global Forecast to 2020
- Business Process Management Market - Global Forecast to 2021
- Strategic Assessment of Worldwide Automotive PCB Market - Forecast Till 2021
- Integrated Workplace Management System Market - Global Forecast to 2021
- Strategic Assessment of Worldwide Automotive Steering Roll Connectors Market - Forecast Till 2021

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

Visit website »