The hybrid cloud market will increase more than 30% over the next five years

A recent report by Infoholic Research under the title “Worldwide Hybrid Cloud Computing Market Forecast 2016-2022” confirms that most organizations worldwide will target the hybrid cloud over the next five years, so that this market will reach 34.3% growth by 2022.

Globally, one of the primary reasons companies are opting for hybrid cloud technologies is because cost savings and know-how enable them to focus on what really matters, their core business. Companies have their private cloud, however, at specific moments (heavy workload, extra projects…), they can connect to the public cloud and easily change their data and their non-critical applications to reduce web traffic. In this way, they are also able to combine the control and security that confers the private cloud, with the scalability and flexibility of the public cloud.

Another great advantage of the hybrid cloud is that it can be applied to any industry, including energy, telecommunications, entertainment, financial services, consumer goods, retail, transportation, logistics, health and medicine, complex computing, government, education, analytical, and so on.

That is why the next five years will see an “explosion in the use of the hybrid cloud,” because it helps organizations to save costs in infrastructure and application support. In this regard, the Infoholic Research report estimates an average annual growth of 34.3% over the five years between 2016 and 2022, although the Asia Pacific and North American regions will grow above average. In addition, nearly 82% of companies already have a hybrid cloud strategy by 2018, while 60% are planning it by 2020.

By economic sectors, it will be telecommunications and information technology industries that will experience the greatest growth, while, among the different solutions offered, it will be the segment of the architecture of applications that holds a more prominent role in the market of the hybrid cloud.