Hybrid Cloud Management Platform Market By Component (Solution [Software and Hardware] and Services);By Service Model (Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS)); By Organization Size (Large Enterprises, and Small & Medium Enterprises); By Industry Vertical (IT & Telecom, Healthcare, BFSI, Retail, Government, Media & Entertainment, Transportation & Logistics, Manufacturing, and Others)and Region – Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030

Market Overview

Hybrid cloud refers to a hybrid ecosystem of on-premises infrastructure, storage, and services with an integrated cloud infrastructure that utilizes both private cloud providers and a public cloud with an orchestration of various networks to perform distinct functions within the same enterprise in a data center and because of the simplicity and complex nature of the work the importance of hybrid cloud has increased.

Market Highlights

Global market size of the hybrid cloud was estimated at $XXXX million in 2019 and is expected to hit $XXXX million by 2030, rising at a CAGR of 20.17% from 2020 to 2030. Hybrid cloud deployment has become the most appropriate solution for companies across all regions. Due to the high flexibility, improved scalability, low cost, and secure implementation options, enterprises adopt the hybrid cloud and it has become a central part of the business process and is expected to accelerate in the coming years.

Hybrid Cloud Management Market Expected Market Growth

Recent Highlights in Hybrid Cloud Management Market

• Red Hat was valued at $20.2 billion before IBM purchasing it for a massive $34 billion. This deal is the biggest that Big Blue has ever made, and Red Hat is part of IBM's hybrid cloud division. Together, both companies will provide an active approach to the cloud providing astonishing security and portability across different clouds for users. This initiative that was declared in October 2018 positions IBM in the hybrid cloud industry at No. 1 ranking.
• French telco Iliad has acquired Jaguar Network, a cloud-based network hosting service provider for around €96mn in 2019
• RackWare, Inc. launched a hybrid cloud platform on April 2019 that incorporates the entire cloud deployment lifecycle from cloud migration to disaster recovery and backup, to hybrid multi cloud management.

Hybrid Cloud Management Platform Market: Segments

During the forecast period, the service segment is expected to grow at a higher CAGR, and the solution segment is estimated to hold a bigger market size in the hybrid cloud market in 2018.

The hybrid hosting segment is estimated to hold the largest market size in 2018

It offers several benefits, such as access through a single point of contact; network infrastructure sharing; and hosting services monitoring, delivery, and management. Organizations are improving their ability to create a hybrid hosting system by combining co-location, dedicated servers, and virtualized environments.

Throughout the forecast period the segment Infrastructure as a Service (IaaS) is projected to have the largest market share

IaaS allows shift workloads during high demand from on-premise systems to the cloud. It advantages assistance in allocating capital for more significant business processes. Organizations can improve their performance, boost delivery speed, enhance productivity, and provide flexible computing capabilities in both the private and public cloud environments.

Hybrid Cloud Management Platform Market: Driver and restraint

Driver

Increasing demand for agile, scalable, and cost effective computing

Enterprises utilize the hybrid cloud model to remove the market problems with conventional IT infrastructure that are hard to tackle. Hybrid cloud fills the gap between IT and enterprises by improving agility and performance and quickly delivering low cost IT services. It emboldens businesses to expand their applications and infrastructure as needed and provides high-speed performance and high availability for users. Hybrid cloud provides economies of scale. Given that the availability of secure, scalable, and cost-effective tools can provide more opportunities for firms to explore new operational avenues, it would push organizations to adopt the hybrid cloud environment.

Restraint

Lack of awareness regarding data protection and privacy

The lack of understanding about privacy and security issues hinder hybrid cloud adoption. Low-level awareness of the protection advantages the hybrid cloud provides impacts its app adoption rate. Security and data security risk prohibit organizations from bringing their operations into the cloud. The lack of information regarding cloud infrastructure governance expands hybrid-cloud constraints. Cloud operations, therefore, need to be constantly controlled to reduce risks and improve security features.

Hybrid Cloud Management Platform Market: Regions

Hybrid Cloud Management Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.

In the 2020-2030 forecast period, North America is predicted to hold the largest market share, while Asia Pacific (APAC) is projected to rise at the highest CAGR on the hybrid cloud market over the forecast period. Market growth is reflected in the increasing number of vertical adoptions of hybrid cloud-based services and increasing IT skills to develop robust hybrid cloud services that enable heavy investment in emerging economies like China, India, and other Southeast Asian nations.

Europe holds the second largest market share in the hybrid cloud management market after North America. Market growth is attributed to companies 'increased adoption of hybrid cloud solutions and industry leaders such as Cisco Systems, Inc., Microsoft Corporation, and Citrix Systems' presence.

The key factors that will further accelerate the growth of the hybrid cloud market are the emergence of a rapidly evolving business climate, increasing the adoption of multiple cloud services to reduce costs, and an urgent need to achieve full efficiency and productivity through centralized cloud governance.

The Hybrid Cloud Management Platform Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Hybrid Cloud Management Platform Market: Key Players

• IBM (US)
  • Company Overview
  • Business Strategy
  • Key Product Offerings
  • Financial Performance
  • Key Performance Indicators
  • Risk Analysis
  • Recent Development
  • Regional Presence
  • SWOT Analysis

• Embotics Commander
• CloudController
• RightScale
• Fujitsu
• NTT Communications
• Flexiant
• Tanaza
• ManageEngine
• Cisco Systems
• RackWare
• Datadog
• Quest Software
• Pure Storage
• Other Prominent Players

The Hybrid Cloud Management Platform Market report also contains analysis on:

• Hybrid Cloud Management Platform Market Segments:

• By Component

• Solution

• Software
• Hardware

• Services

• By Service Type

• Cloud management and orchestration
• Disaster recovery
• Hybrid hosting

• By Service Model

• Infrastructure as a Service
• Platform as a Service
• Software as a Service

• By Organization Size

• Large enterprises
• Small and medium-sized enterprises

• By Vertical

• BFSI
• IT and Telecommunications
• Healthcare
• Retail
• Media and entertainment
• Manufacturing
• Government
• Transportation
• Others (travel and hospitality, and education)

• Hybrid Cloud Management Platform Market Dynamics
• Hybrid Cloud Management Platform Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints

FAQs on Hybrid Cloud Management Platform Market

• Which segment is anticipated to hold the largest market share?
• At what CAGR is the market anticipated to grow between 2020 and 2030?
• Who are the key players in the hybrid cloud management platform market?
• What could be the challenging factors for the growth of the hybrid cloud management platform market?

What are the growth drivers for the hybrid cloud management platform market?