DUBLIN--(BUSINESS WIRE)--Sep 3, 2018--The "Global Hybrid Cloud Market - Segmented by Type, Delivery Models, End-User Industry, and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global hybrid cloud market was valued at USD 40.62 billion in 2017, and is expected to reach a value of USD 138.63 billion by 2023, at a CAGR of 22.7%, during the forecast period (2018-2023).

Some of the major drivers for the growth of hybrid cloud market are - growing emphasis on agile and scalable computing processes, high level of benefits offered by hybrid cloud, and growing volumes of business data.

The emergence of hybrid IT services (for which hybrid cloud are a key enabler) coupled with increased emphasis on analytics are expected to open up new growth opportunities during the forecast period.

However, concerns over integration and operational aspects of hybrid cloud and security issues remain the major challenges affecting market growth.

Key Highlights

Infrastructure as a Service (IaaS) is the Lowest (Third) Level in the Spectrum of Cloud Services North America is the Largest Market among the Regions

Notable Market Development(s)

Google and Cisco announced a new partnership around helping their customers build more efficient hybrid cloud solutions. Unsurprisingly, given Google's recent focus, this partnership centers around the Google-incubated Kubernetes container orchestration tool, as well as the Istio service mesh for connecting and securing micro services across clouds. This partnership enables developers and IT departments to seamlessly take advantage of the most open, secure tools for building modern applications in a hybrid environment.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Technology Snapshot

6. Global Hybrid Cloud Market Breakdown, by Types

7. Global Hybrid Cloud Market Breakdown, by Delivery Models

8. Global Hybrid Cloud Market Breakdown, by End-user Industry

9. Global Hybrid Cloud Market Breakdown, by Geography

10. Global Hybrid Cloud Market - Company Profiles

Cisco Hewlett Packard Enterprise Company Amazon Web Services Microsoft Corporation Citrix IBM Corporation Salesforce.com Inc. Rackspace US Inc. Oracle Corporation Verizon Enterprise Solutions Equinix Inc. VMware Panzura Inc. RightScale Inc. Dell EMC Turbonomic Inc. Fujitsu Century Link Inc. NTT Communications Corporation CSC Intel Corporation

11. Investment Analysis

12. Future Outlook of the Hybrid Cloud Market

For more information about this report visit https://www.researchandmarkets.com/research/vvp7bc/global_hybrid?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180903005167/en/

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Related Topics:Cloud Computing and Storage

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/03/2018 08:57 AM/DISC: 09/03/2018 08:57 AM

http://www.businesswire.com/news/home/20180903005167/en