Hybrid Cloud Services Market Growth and Segment Forecasts to 2020

Technavio Announces the Publication of its Research Report – Global Hybrid Cloud Services Market 2016-2020

Technavio recognizes the following companies as the key players in the global hybrid cloud services market: AWS, Microsoft, Rackspace, and VMware.

Other Prominent Vendors in the market are: Avnet, BMC Software, CA Technologies, Cherwell Software, Cisco, Dimension Data, Hornbill Services, HP, IBM, LANDesk, Mulesoft¸ NTRGlobal, Oracle, and Unisys.

Commenting on the report, an analyst from Technavio’s team said: “One of the key trends for market growth will be vendors foraying into the market space. The exponential growth of cloud-based services has encouraged startups to enter in the cloud domain through the adoption of on-premise services. Earlier, companies faced rigorous challenges in terms of costs, monitoring, and migration to the cloud. However, by implementing hybrid cloud services, SMEs can still continue with their legacy applications with majority of the services hosted over the cloud through backup and high availability. As cloud services continue to mature, cloud management services face more advanced problems related to performance, availability, data latency, and costs. Now, a large number of vendors are shifting to hybrid solutions due to promising opportunity of these solutions, which is also driving product innovation.”

Browse full report with TOC@ https://marketreportscenter.com/reports/349520/global-hybrid-cloud-services-market-2016-2020

According to the report, rising dependency of mid-sized enterprises will be a key driver for market growth. Hybrid cloud offers a strategic way to consume IT solutions across on-premise and the cloud. These cloud services are increasingly gaining popularity among enterprises of all levels. Through hybrid cloud, companies can make use of best practices from traditional on-premise IT infrastructure that includes governance, management, and standardization regardless of location. It provides an...