Through 2024, nearly all legacy applications migrated to public cloud infrastructure as a service (IaaS) will require optimization to become more cost-effective. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). IBM to acquire Nordcloud to turbocharge its hybrid cloud consulting capability Technology Trends IBM announced an agreement to acquire Nordcloud, a European leader in cloud implementation, application transformation and managed services, said a press release on Monday. The new generation of hybrid cloud enables you to build and manage across any cloud with a common platform, allowing you to skill once, build once and manage from a single pane of glass. It’s clear that hybrid cloud is a go-to strategy for companies going forward. The hybrid cloud will persist to grow and develop gradually to offer companies more flexibility and regularity and help them speed up application deployment cycle. SaaS is already contributing to a big part of the quarterly … Rapid digitization, along with the widespread adoption of cloud-computing services, is one of the key factors driving the growth of the … The banking industry will be transitioning through both hybrid and multi-cloud environments for years to come. Citing an estimate that AI could add up to $16 trillion to global productivity over the next decade or so. Among enterprises that use multiple clouds, the hybrid cloud model is adopted by nearly 60%, with multiple public and multiple private clouds much less popular (<20%). Gartner predicts that over 75% of midsize and large organizations will have adopted either a multi-cloud or hybrid-cloud strategy by 2021. MarketDigits report on hybrid cloud market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth. Highlighting important trends of the global Hybrid Cloud Services market in terms of production, revenue, and sales. Hybrid Cloud Market Size And Forecast. Hybrid Cloud Market was valued at USD 61.26 billion in 2019 and is projected to reach USD 283.93 billion by 2027, growing at a CAGR of 22.8% from 2020 to 2027.. The current need- Digital natives. Hybrid cloud allows enterprises, especially in highly regulated industries, to satisfy on-premises requirements and leverage hyperscaler services from their own data centers. The global hybrid cloud market grew at a CAGR of around 20% during 2014-2019. The "Hybrid Cloud Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.. During this lengthy period, vendors likely will be offering new, cloud-based services and capabilities on a regular basis. If you lost track of the zeroes, that’s $91.74 billion – up from an estimated $33.28 billion in 2016. It leverages a combination of IT solutions to bring the best of … In the coming years, the hybrid cloud model will easily divide the workload with greater flexibility, Increased automation and consistency, Scalability, and Enhanced security. To analyze the Hybrid Cloud Computing with respect to individual growth trends, future prospects, and their contribution to the total market. The Hybrid Cloud Market report consists of the Competitive Landscape section which provides a complete and in-depth analysis of current market trends, changing technologies, and enhancements that are of value to companies competing in … Lengthy period, vendors likely will be offering new, cloud-based Services and capabilities on a regular.... 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