
North America Hybrid Cloud Market Size, Share & Trends Analysis Report By Component (Solution and Services), By Enterprise Size, By Service Model, By Industry Vertical, By Country and Growth Forecast, 2024 - 2031
Description
North America Hybrid Cloud Market Size, Share & Trends Analysis Report By Component (Solution and Services), By Enterprise Size, By Service Model, By Industry Vertical, By Country and Growth Forecast, 2024 - 2031
The North America Hybrid Cloud Market would witness market growth of 16.1% CAGR during the forecast period (2024-2031).
The US market dominated the North America Hybrid Cloud Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $81,138 million by 2031. The Canada market is experiencing a CAGR of 18.5% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 17.6% during (2024 - 2031).
A hybrid cloud enables organizations to implement geo-redundant backup solutions that replicate data across multiple locations. This approach ensures data availability and integrity in regional disasters or outages.
Additionally, Organizations can use cloud resources for on-demand failover during disasters, allowing them to switch operations to cloud-based systems while recovering on-premises infrastructure quickly. Also, the hybrid cloud provides robust disaster recovery solutions by enabling data backup and failover capabilities across multiple environments.
Rising internet penetration in Mexico leads to more businesses in the country adopting hybrid cloud solutions. Improved connectivity facilitates the use of cloud services, allowing Mexican companies to integrate on-premises infrastructure with public and private clouds seamlessly. According to the International Trade Administration (ITA), Mexico’s telecommunications sector has consistently exceeded the overall economic growth, primarily due to advancements in mobile phones, broadband services, and broadcasting.
Based on Component, the market is segmented into Solution and Services. Based on Enterprise Size, the market is segmented into Small & Medium-sized Enterprises and Large Enterprises. Based on Service Model, the market is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). Based on Industry Vertical, the market is segmented into BFSI, IT & Telecom, Healthcare, Retail, Government, Media & Entertainment, Transportation & Logistics, Manufacturing, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Microsoft Corporation
- Google LLC
- IBM Corporation
- Oracle Corporation
- SAP SE
- Salesforce, Inc.
- Dell Technologies, Inc.
- Equinix, Inc.
- Nutanix, Inc.
By Component
- Solution
- Services
- Small & Medium-sized Enterprises
- Large Enterprises
- Software as a Service (SaaS)
- Infrastructure as a Service (IaaS)
- Platform as a Service (PaaS)
- BFSI
- IT & Telecom
- Healthcare
- Retail
- Government
- Media & Entertainment
- Transportation & Logistics
- Manufacturing
- Others
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
148 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Hybrid Cloud Market, by Component
- 1.4.2 North America Hybrid Cloud Market, by Enterprise Size
- 1.4.3 North America Hybrid Cloud Market, by Service Model
- 1.4.4 North America Hybrid Cloud Market, by Industry Vertical
- 1.4.5 North America Hybrid Cloud Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnership, Collaboration and Agreement: 2022, Jun – 2024, Aug) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. North America Hybrid Cloud Market by Component
- 5.1 North America Solution Market by Region
- 5.2 North America Services Market by Region
- Chapter 6. North America Hybrid Cloud Market by Enterprise Size
- 6.1 North America Small & Medium-sized Enterprises Market by Country
- 6.2 North America Large Enterprises Market by Country
- Chapter 7. North America Hybrid Cloud Market by Service Model
- 7.1 North America Software as a Service (SaaS) Market by Country
- 7.2 North America Infrastructure as a Service (IaaS) Market by Country
- 7.3 North America Platform as a Service (PaaS) Market by Country
- Chapter 8. North America Hybrid Cloud Market by Industry Vertical
- 8.1 North America BFSI Market by Country
- 8.2 North America IT & Telecom Market by Country
- 8.3 North America Healthcare Market by Country
- 8.4 North America Retail Market by Country
- 8.5 North America Government Market by Country
- 8.6 North America Media & Entertainment Market by Country
- 8.7 North America Transportation & Logistics Market by Country
- 8.8 North America Manufacturing Market by Country
- 8.9 North America Others Market by Country
- Chapter 9. North America Hybrid Cloud Market by Country
- 9.1 US Hybrid Cloud Market
- 9.1.1 US Hybrid Cloud Market by Component
- 9.1.2 US Hybrid Cloud Market by Enterprise Size
- 9.1.3 US Hybrid Cloud Market by Service Model
- 9.1.4 US Hybrid Cloud Market by Industry Vertical
- 9.2 Canada Hybrid Cloud Market
- 9.2.1 Canada Hybrid Cloud Market by Component
- 9.2.2 Canada Hybrid Cloud Market by Enterprise Size
- 9.2.3 Canada Hybrid Cloud Market by Service Model
- 9.2.4 Canada Hybrid Cloud Market by Industry Vertical
- 9.3 Mexico Hybrid Cloud Market
- 9.3.1 Mexico Hybrid Cloud Market by Component
- 9.3.2 Mexico Hybrid Cloud Market by Enterprise Size
- 9.3.3 Mexico Hybrid Cloud Market by Service Model
- 9.3.4 Mexico Hybrid Cloud Market by Industry Vertical
- 9.4 Rest of North America Hybrid Cloud Market
- 9.4.1 Rest of North America Hybrid Cloud Market by Component
- 9.4.2 Rest of North America Hybrid Cloud Market by Enterprise Size
- 9.4.3 Rest of North America Hybrid Cloud Market by Service Model
- 9.4.4 Rest of North America Hybrid Cloud Market by Industry Vertical
- Chapter 10. Company Profiles
- 10.1 Google LLC (Alphabet Inc.)
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental and Regional Analysis
- 10.1.4 Research & Development Expense
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Partnerships, Collaborations, and Agreements:
- 10.1.6 SWOT Analysis
- 10.2 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental Analysis
- 10.2.4 Recent strategies and developments:
- 10.2.4.1 Partnerships, Collaborations, and Agreements:
- 10.2.5 SWOT Analysis
- 10.3 IBM Corporation
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Regional & Segmental Analysis
- 10.3.4 Research & Development Expenses
- 10.3.5 Recent strategies and developments:
- 10.3.5.1 Partnerships, Collaborations, and Agreements:
- 10.3.5.2 Product Launches and Product Expansions:
- 10.3.5.3 Acquisition and Mergers:
- 10.3.6 SWOT Analysis
- 10.4 Microsoft Corporation
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expenses
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Partnerships, Collaborations, and Agreements:
- 10.4.5.2 Product Launches and Product Expansions:
- 10.4.5.3 Acquisition and Mergers:
- 10.4.6 SWOT Analysis
- 10.5 Oracle Corporation
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expense
- 10.5.5 Recent strategies and developments:
- 10.5.5.1 Partnerships, Collaborations, and Agreements:
- 10.5.5.2 Product Launches and Product Expansions:
- 10.5.6 SWOT Analysis
- 10.6 SAP SE
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Regional Analysis
- 10.6.4 Research & Development Expense
- 10.6.5 Recent strategies and developments:
- 10.6.5.1 Partnerships, Collaborations, and Agreements:
- 10.6.6 SWOT Analysis
- 10.7 Cisco Systems, Inc.
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Regional Analysis
- 10.7.4 Research & Development Expense
- 10.7.5 Recent strategies and developments:
- 10.7.5.1 Partnerships, Collaborations, and Agreements:
- 10.7.5.2 Acquisition and Mergers:
- 10.7.6 SWOT Analysis
- 10.8 Dell Technologies, Inc.
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental and Regional Analysis
- 10.8.4 Research & Development Expense
- 10.8.5 Recent strategies and developments:
- 10.8.5.1 Partnerships, Collaborations, and Agreements:
- 10.8.6 SWOT Analysis
- 10.9 Teradata Corporation
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Regional Analysis
- 10.9.4 Research & Development Expenses
- 10.9.5 Recent strategies and developments:
- 10.9.5.1 Partnerships, Collaborations, and Agreements:
- 10.9.6 SWOT Analysis
- 10.10. Lumen Technologies, Inc.
- 10.10.1 Company Overview
- 10.10.2 Financial Analysis
- 10.10.3 Segmental Analysis
- 10.10.4 Recent strategies and developments:
- 10.10.4.1 Partnerships, Collaborations, and Agreements:
- 10.10.5 SWOT Analysis
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