Accelerated Digital Transformation and Remote Workforces Propel Hybrid Cloud Market to $312.6 Billion by 2028

Company Logo Global Hybrid Cloud Market Global Hybrid Cloud Market Dublin, Oct. 25, 2023 (GLOBE NEWSWIRE) — The "Hybrid Cloud Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com’s offering. The global hybrid cloud market has witnessed impressive growth, with the market size reaching a substantial US$ 104.2 Billion in 2022. Analysts predict continued expansion, with the market anticipated to reach an astounding US$ 312.6 Billion by 2028, exhibiting a remarkable compound annual growth rate (CAGR) of 19.1% during the period from 2023 to 2028. Hybrid Cloud: Revolutionizing Cloud Computing A hybrid cloud is a sophisticated cloud-computing environment that seamlessly integrates on-premises, private, public, and third-party cloud services. This dynamic ecosystem facilitates the movement of workloads between public and private platforms, streamlining, automating, and managing computing resources. Typically, the hybrid cloud architecture encompasses Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS). Key Benefits of Hybrid Cloud: Hybrid cloud solutions offer a range of advantages, including comprehensive support for remote workforces, cost optimization, enhanced scalability, control, security, and risk management. These attributes have propelled the adoption of hybrid clouds across diverse industries, such as […]

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