Welcome!

FinTech Journal Authors: Elizabeth White, Yeshim Deniz, Liz McMillan, Carmen Gonzalez, Zakia Bouachraoui

News Feed Item

Hybrid Cloud Market 2021 Growth Forecast: 22.5% CAGR Led by North America

Growing demand of organizations for agile, scalable and cost effective cloud computing solutions is pushing hybrid cloud market and North America is expected to hold the largest market share followed by Europe according to this new research report. It for

PUNE, India, May 3, 2016 /PRNewswire-iReach/ -- The report studies the hybrid cloud market on the basis of various solutions which includes cloud management and orchestration, disaster recovery, security and compliance, and hybrid hosting. 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. Complete report on hybrid cloud market spread across 139 pages, profiling 10 companies and supported with 64 tables and 48 figures is now available at http://www.rnrmarketresearch.com/hybrid-cloud-market-by-delivery-models-saas-paas-iaas-by-cloud-management-cloud-bursting-cloud-orchestration-by-cloud-security-network-security-data-security-physical-security-global-adv-market-report.html.

Photo - http://photos.prnewswire.com/prnh/20160503/363086LOGO

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.

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.

In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (20%), Tier 2 (30%) and Tier 3 (50%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-level (25%), Director Level (35%) and others (40%) from various key organizations operating in the global hybrid cloud market. The primary interviews were conducted worldwide covering regions such as North America (52%), Europe (23%), APAC (15%), and RoW (10%).

The key players in the hybrid cloud market include Hewlett Packard Enterprise, Microsoft Corporation, International Business Machines Corporation, Cisco Systems, Equinix, Inc., Oracle Corporation, Vmware, Inc., Citrix Systems, Rackspace Hosting, Inc. and Amazon Web Services. Other major vendors in the hybrid cloud market include Terago Networks, Inc., Dell, Inc., Panzura, Vmturbo, Google, Inc., Rightscale, Inc. and Verizon Communications, Inc. (Terremark). Priced at $4650 for a single user PDF, a discount on "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" research report can be requested at http://www.rnrmarketresearch.com/contacts/discount?rname=111360.

On a related note, another research titled Cloud Communication Platform Market Global Forecast to 2021 says, the cloud communication platform market is estimated to reach USD 4.45 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 26.8% from 2016 to 2021. The cloud communication platform 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. Companies like 8x8, Inc.; Avaya, Inc.; Cisco Systems, Inc.; Twilio, Inc.; NetFortris; West IP Communication, Inc.; Telestax; Plivo; CallFire; and Nexmo have been profiled in this 164 pages research report available at http://www.rnrmarketresearch.com/cloud-communication-platform-market-by-solution-and-service-ucc-ucaas-webrtc-voip-ivr-api-reporting-and-analytics-and-training-and-consulting-support-and-maintenance-service-and-managed-service-global-fo-st-to-2021-market-report.html.

Explore more reports on Information Technology & Telecommunication market at http://www.rnrmarketresearch.com/reports/information-technology-telecommunication.

About Us:

RnRMarketResearch.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 100+ leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

Connect with Us:

G+ / Google Plus: https://plus.google.com/104156468549256253075/posts

Twitter: https://twitter.com/RnRMR

Facebook: https://www.facebook.com/pages/RnR-Market-Research/413488545356345

RSS / Feeds: http://www.rnrmarketresearch.com/feed

Media Contact: Ritesh Tiwari, RnR Market Research, +1-888-391-5441, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE RnR Market Research

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Early Bird Registration Discount Expires on August 31, 2018 Conference Registration Link ▸ HERE. Pick from all 200 sessions in all 10 tracks, plus 22 Keynotes & General Sessions! Lunch is served two days. EXPIRES AUGUST 31, 2018. Ticket prices: ($1,295-Aug 31) ($1,495-Oct 31) ($1,995-Nov 12) ($2,500-Walk-in)
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
The challenges of aggregating data from consumer-oriented devices, such as wearable technologies and smart thermostats, are fairly well-understood. However, there are a new set of challenges for IoT devices that generate megabytes or gigabytes of data per second. Certainly, the infrastructure will have to change, as those volumes of data will likely overwhelm the available bandwidth for aggregating the data into a central repository. Ochandarena discusses a whole new way to think about your next...
CloudEXPO | DevOpsSUMMIT | DXWorldEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...
All in Mobile is a place where we continually maximize their impact by fostering understanding, empathy, insights, creativity and joy. They believe that a truly useful and desirable mobile app doesn't need the brightest idea or the most advanced technology. A great product begins with understanding people. It's easy to think that customers will love your app, but can you justify it? They make sure your final app is something that users truly want and need. The only way to do this is by ...
DXWorldEXPO LLC announced today that Big Data Federation to Exhibit at the 22nd International CloudEXPO, colocated with DevOpsSUMMIT and DXWorldEXPO, November 12-13, 2018 in New York City. Big Data Federation, Inc. develops and applies artificial intelligence to predict financial and economic events that matter. The company uncovers patterns and precise drivers of performance and outcomes with the aid of machine-learning algorithms, big data, and fundamental analysis. Their products are deployed...