Hybrid cloud

The major drivers of growth in the hybrid cloud market include:

• The growing demand for efficient productivity by organisations.
• A rise in demand for secure and quick data access
• Adoption by small and medium sized enterprises.

However, data security and data compliance are some of the major factors which are hindering the growth of the market.

The global hybrid cloud market can be segmented as follows:

Segmentation by cloud service type:

• Software as a service (SaaS).
• Platform as a service (PaaS).
• Infrastructure as a service (IaaS).
• Others

Segmentation by application:

• Banking, Financial Services and Insurance (BFSI).
• Education.
• Telecommunications.
• Government.
• Healthcare.
• Others.

Some of the major players in Global Hybrid Cloud Market include Akamai Technologies Inc. (U.S.), Amazon Web Services LLC (U.S.), CA Technologies (U.S.), Dell Inc. (U.S.), Flexiant Ltd. (U.K.), Google Inc. (U.S.), Hewlett-Packard Development Company L.P. (U.S.), IBM Corporation (U.S.), Equinix Inc. (U.S.) and Microsoft Corporation (U.S.) among others.