The major growth driver of Hybrid Cloud Market includes growing demand for efficient productivity by organizations, rise in demand of secure and quick data access, and growing adoption of small & medium sized enterprises among others.
Hence the market for Hybrid Cloud is expected to grow at XX% CAGR (2016-2027).
However, data security and data compliance are some of the major factors which are hindering the growth of Market.
Global Hybrid Cloud Market can be segmented as follows:
Segmentation by Cloud Service type:
Software as a service (SaaS), Platform as a service (PaaS), and Infrastructure as a service (IaaS) among others.
Segmentation by Application:
BFSI, Education, Telecommunications, Government, and Healthcare among others.
Key Players of Hybrid Cloud Market:
North-America dominated the Global Hybrid Cloud Market with the largest market share due to availability of large IT market and developed cloud data centers in the region, and therefore accounting for $XX million and is expected to grow over $XX billion by 2027. Hybrid Cloud Market in Europe market is expected to grow at CAGR of XX% from $ XX million in 2016 to $XX million by 2027. The Asia-Pacific market for Hybrid Cloud Market is expected to grow at XX% CAGR (2016-2027). The Asia-Pacific market will contribute to the high growth of market due to growing cloud data centers and services in the region.
Data Encryption Market, By Method (Symmetric, Asymmetric) By Deployment (On Cloud, On Premises), End Users (SMEs, Large Organization), by application (Government, BFSI, Healthcare, Manufacturing, Automotive, Aerospace & Defense) – Forecast 2016-2022
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