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Hybrid Cloud Computing Market 2021-2030 Global Industry Growth Opportunities, Share Estimation, Strategy, Benefits, Demand, Analysis and Regional Forecast

In a recent published report, Kenneth Research has updated the market report for Hybrid Cloud Computing Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Hybrid Cloud Computing Market products.

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The growth of the market can be attributed to the growing accessibility to internet amongst the households globally and the need for advanced technologies that promote effective communication between two distant geographies. In the United States, internet access to households grew from around 73% of the households in 2015 to close to 80% of the households in 2019. In Korea, it was around 98% in 2014 which grew to nearly 100% in 2020. On the other hand, in the Netherlands, internet access to households touched nearly 98% in 2019. Countries in the Latin America, such as Brazil and Mexico grew at a significant pace by about 1.45x and 1.63x respectively within a span of 4 years between 2015 and 2019.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

The Hybrid Cloud Computing Market is expected to grow with a significant CAGR during the forecast period, i.e. 2021-2022, on the back of growing internet penetration around the world along with the rising adoption of smartphone. The statistics by the GSMA Intelligence stated that the total unique mobile subscribers as on May 2020 around the world was 5.24 billion.

Globally, enterprises are opting for hybrid cloud technologies to leverage cost savings and technical expertise to focus on its core business. Organizations can easily shift their non-critical data and applications from private to the public cloud to reduce the web traffic. The next five years will see an explosion in the use of hybrid cloud as it helps organizations to save cost on infrastructure and application support. Nearly 82% of the enterprises have hybrid cloud strategy for 2018. Hybrid cloud provides a single solution to organizations involved in multiple verticals. It can be applied to any industries including power, media & entertainment, complex computing, healthcare, government, education, analytics and much more. More than 60% of the large enterprises are planning to implement hybrid clouds by 2020.

A rapid increase in the private cloud adoption is driving the hybrid cloud market with nearly 82% of the enterprises planning to have a hybrid cloud strategy by 2017. The pay per use model is useful and affordable to the enterprises across all the verticals and regions. Cloud governance has witnessed a rapid growth with nearly 30% of the enterprises having established approval policies and by 2018 more than 50% will have approved cloud policies. According to Infoholic research, the “Worldwide Hybrid Cloud Computing Market” is expected to grow at a CAGR of 34.3% during the forecast period 2016–2022.

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The hybrid cloud computing market is analyzed based on four segments: solutions, service model, verticals and regions. The solutions segment includes application architecture, network integration and management systems. Application architecture segment is expected to have a major role in the hybrid cloud computing market.

Banking & financial services, consumer goods & retail, healthcare, manufacturing, media & entertainment, energy & utilities, government, telecommunication and IT, transportation & logistics and others. The manufacturing industry is set to be the leading vertical for hybrid cloud computing market and telecommunication and IT industry is set to be the emerging vertical for the market growth. The regions covered are North America, Latin America, Western Europe, Central Eastern Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is expected to outperform in the market growth along with Asia Pacific which is expected to provide huge opportunities in hybrid cloud computing market space.

The report provides a complete picture (vertical market opportunity, regional market opportunity, challenges, current market trends, future market trends, evolution, technology roadmap, etc.) of the hybrid cloud computing market.
The key players covered in this report are Equinix, Computer Science Corporation, AT&T, Oracle, IBM, Microsoft, VMware, Rackspace Hosting, EMC, etc.

Download Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10085184

The study covers and analyzes the “Worldwide Hybrid Cloud Computing” market. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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