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Hybrid Cloud Market Skyrockets to $104.2 Billion in 2022, Aiming for an Astounding 19.1% CAGR Growth by 2028DUBLIN, Oct. 31, 2023 /PRNewswire/ -- The "Hybrid Cloud Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering. The global hybrid cloud market has witnessed impressive growth, with the market size reaching a substantial US$ 104.2 Billion in 2022. Analysts predict continued expansion, with the market anticipated to reach an astounding US$ 312.6 Billion by 2028, exhibiting a remarkable compound annual growth rate (CAGR) of 19.1% during the period from 2023 to 2028. Hybrid Cloud: Revolutionizing Cloud Computing A hybrid cloud is a sophisticated cloud-computing environment that seamlessly integrates on-premises, private, public, and third-party cloud services. This dynamic ecosystem facilitates the movement of workloads between public and private platforms, streamlining, automating, and managing computing resources. Typically, the hybrid cloud architecture encompasses Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS). Key Benefits of Hybrid Cloud: Hybrid cloud solutions offer a range of advantages, including comprehensive support for remote workforces, cost optimization, enhanced scalability, control, security, and risk management. These attributes have propelled the adoption of hybrid clouds across diverse industries, such as banking, financial services and insurance (BFSI), information technology (IT), healthcare, government and public sector, retail, and manufacturing. Market Trends and Drivers:
The report presents a comprehensive market segmentation:
Competitive Landscape: Key players in the hybrid cloud market include Alibaba Group Holding Limited, Amazon Inc., CenturyLink Inc., Cisco Systems Inc., Citrix Systems Inc., Dell Technologies Inc., DXC Technology Company, Fujitsu Ltd. (Furukawa Group), Google (Alphabet Inc.), Hewlett Packard Enterprise Company, IBM Corporation, Microsoft Corporation, Oracle Corporation, Rackspace Inc., and VMWare Inc. Key Questions Addressed in the Report:
For more information about this report visit https://www.researchandmarkets.com/r/3pr6ny About ResearchAndMarkets.com Media Contact: For E.S.T Office Hours Call +1-917-300-0470 U.S. Fax: 646-607-1907 Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg View original content:https://www.prnewswire.com/news-releases/hybrid-cloud-market-skyrockets-to-104-2-billion-in-2022--aiming-for-an-astounding-19-1-cagr-growth-by-2028--301972684.html SOURCE Research and Markets |