Worldwide Hybrid Cloud Computing Market

July 19th 2016 Mumbai, India: Bharatbook.com announces a report on “Worldwide Hybrid Cloud Computing Market - Solutions, Service Model, Verticals, By Regions - Drivers, Opportunities, Trends, and Forecasts, 2016-2022". 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.

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.

The hybrid cloud computing market is analyzed based on four segments: solutions, service model,...