LONDON--(BUSINESS WIRE)--Technavio has published a new report on the global hybrid cloud market, which is expected to grow at a CAGR exceeding 29% from 2015-2019.
Hybrid cloud market segmentation including delivery model, end-user, and geography
Technavio’s report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different types of delivery model, including software as a service (SaaS), infrastructure as a service (IaaS), and platform as a service (PaaS).
Additionally, analysts have segmented market projections by key geography, and also by end-user, focusing on different sectors such as BFSI, manufacturing, ICT, and government.
“One of the most important trends in cloud computing is the availability of hybrid clouds from service providers. For instance, Fujitsu offers such hybrid cloud service based on Microsoft Windows Azure, which enables applications and systems to be interoperable,” says Faisal Ghaus, Vice President of Technavio.
Hybrid cloud: Market scope and calculation of market size
This report covers the present scenario and growth prospects for the global hybrid cloud market from 2015-2019. To calculate the market size, we considered revenue generated through the following:
- Software licenses and subscriptions cost
- Software implementation and maintenance cost
Industry analysis includes:
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Key Vendors:
- Amazon Web Services
- Microsoft
- Rackspace
- VMware
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Market Growth Drivers:
- Improved organizational productivity
- Increase in demand for secure and easy data access
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Market Challenges:
- Data security concerns
- Data compliance issues
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Market Trends:
- High adoption by SMEs
- Emergence of IaaS and on-demand services
View the global hybrid cloud market report.
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