Hybrid Cloud Market Share

Statistics for the 2023 & 2024 Hybrid Cloud market share, created by Mordor Intelligence™ Industry Reports. Hybrid Cloud share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Hybrid Cloud Industry

The hybrid cloud industry is highly fragmented, with multiple significant competitors. Few major firms presently dominate the industry in terms of market share. These market leaders are concentrating on growing their consumer base in overseas nations. These businesses use collaborative strategic efforts to expand their market share and profitability. Companies in the industry are also purchasing start-ups focused on hybrid cloud computing technologies to boost their product abilities. Some key market players are Cisco Systems Inc., Hewlett-Packard Enterprise Company, Amazon Web Services (Amazon Inc.), Accenture PLC, and IBM Corporation, among others.

  • In March 2023, Flexera announced the general availability of Flexera One FinOps. This solution helps in strengthening an enterprise's FinOps and central cloud teams while enhancing the convergence of IT asset management (ITAM) and FinOps, empowering enterprises to significantly improve the way they view and allocate cloud usage and charging, effectively manage hybrid IT estates on a large scale, and be able to operate their own private cloud.
  • In March 2023, NTT Communications Corporation announced the launch of efforts involving digital humans and the virtual world as part of its business co-creation program, "OPEN HUB for Smart World," with the goal of broadening possibilities for all people, including those with workplace or time constraints. It plans to encourage solutions to address problems such as Japan's declining labor force participation.

Hybrid Cloud Market Leaders

  1. Cisco Systems Inc.

  2. Hewlett Packard Enterprise Company

  3. Amazon Web Services (Amazon Inc.)

  4. Accenture PLC

  5. IBM Corporation

*Disclaimer: Major Players sorted in no particular order

Hybrid Cloud Market Concentration

Hybrid Cloud Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)