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SOURCE Research and Markets
DUBLIN, February 4, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/c9msn6/hybrid_cloud) has announced the addition of the "Concise Analysis of the International Hybrid Cloud Market - Forecasts to 2018" report to their offering.
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Organizations adopt cloud technologies to leverage both cost savings and technical expertise to focus on core business. Hybrid cloud solutions offer the features of both public cloud and private cloud to its customers. As the inhibitors of public cloud are the same for hybrid cloud as well, vendors are confronted with the challenges of security and to deliver a solution that acts as a bridge across various cloud delivery models and traditional IT. Hybrid cloud enables the organizations to bridge the gap between multiple clouds and provide all sizes of organizations to leverage advanced computational infrastructures, software and services.
Cloud bursting is a feature of hybrid cloud which enables an organization to shift/burst the workload into public cloud at peak times. It eliminates the requirement to construct an additional IT infrastructure to address sporadic traffic times. Such challenges are faced by many industries such as telecom, retail and so on, especially on public holidays where the phone call traffic and internet usage is at a peak is overcome by hybrid cloud solution. It also enables an organization to scale IT resources dynamically to manage these challenges. Through on-demand provisioning companies of all sizes can add resources without the need to build its own infrastructure which is time consuming and costly.
It is important for companies to implement hybrid cloud to enjoy the flexibility of switching between clouds; and with required economies of scale to have a competitive edge over other companies. As the trends, drivers and the opportunities in the market are clearly visible, the market attracts more players and hence more competition among potential and new players. Also, other underlying market dynamics are taken into account and it has been forecasted that the market revenue would reach $79.54 billion in 2018 from $21.27 billion in 2013 with an estimated Compound Annual Growth Rate (CAGR) of 30.19% during the same period of five years.
In this report, the market has been segmented to understand and estimate the market opportunity for types, delivery models, various sizes of organizations and its revenue across different business verticals. In types, hardware captures the major share followed by a software segment from 2013 to 2018. North America, the first mover in this market, is still the major contributor by 2018; but Asia- Pacific (APAC) and Latin America are expected to surpass its growth with a steep increase because of huge potential available in countries such as China and India. Small and Medium businesses segment is growing as a sweet spot in emerging markets and telecommunication and IT and BFSI verticals occupy a major share in terms of revenue contribution.
Key Topics Covered:
2 Executive Summary
3 Hybrid Cloud: Market Overview
4 Hybrid Cloud: Market Size And Forecast By Types
5 Hybrid Cloud: Market Size And Forecast By Delivery Models
6 Hybrid Cloud: Market Size And Forecast By End Users
7 Hybrid Cloud: Market Size And Forecast By Regions
8 Hybrid Cloud: Markets Analysis, Trends And Insights
9 Competitive Landscape
10 Company Profiles
For more information visit http://www.researchandmarkets.com/research/c9msn6/hybrid_cloud
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