Global Hybrid Cloud Market Size & Outlook, 2023-2030
Global hybrid cloud market, 2018-2030 (US$M)
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Global hybrid cloud market highlights
- The global hybrid cloud market generated a revenue of USD 115,669.5 million in 2023 and is expected to reach USD 293,721.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 14.2% by 2030.
- In terms of segment, software as a service (saas) accounted for a revenue of USD 60,460.8 million in 2023.
- Infrastructure as a Service (IaaS) is the most lucrative service segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 115,669.5 million |
| Market revenue in 2030 | USD 293,721.7 million |
| Growth rate | 14.2% (CAGR from 2023 to 2030) |
| Largest segment | Software as a service (saas) |
| Fastest growing segment | Infrastructure as a Service (IaaS) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS) |
Other key industry trends
- In terms of revenue, the North America accounted for 37.7% of the global hybrid cloud market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 3,578.3 million by 2030.
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Hybrid Cloud Market Scope
Hybrid Cloud Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global hybrid cloud market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hybrid cloud market will help companies and investors design strategic landscapes.
Software as a service (saas) was the largest segment with a revenue share of 52.27% in 2023. Horizon Databook has segmented the Global hybrid cloud market based on infrastructure as a service (iaas), platform as a service (paas), software as a service (saas) covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Hybrid Cloud Service Outlook (Revenue, USD Million, 2018-2030)
- Infrastructure as a Service (IaaS)
- Platform as a Service (PaaS)
- Software as a Service (SaaS)
- Global Hybrid Cloud Application Outlook (Revenue, USD Million, 2018-2030)
- BFSI
- IT & Telecom
- Retail & Cosumer Goods
- Others
- Government & Hybrid Sector
- Government & Private Sector
- Government & Public Sector
- Media & Entertainment
- Healthcare
- Energy & Utilities
- Manufacturing
- Global Hybrid Cloud Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
- Large Enterprises
- Small & Medium Enterprises
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Our clientele includes a mix of hybrid cloud market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global hybrid cloud market , including forecasts for subscribers. This global databook contains high-level insights into Global hybrid cloud market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global hybrid cloud market size, by region, 2018-2030 (US$M)
Top 10 countries by Hybrid Cloud Market revenue, 2023 (US$M)
Global hybrid cloud market share, by service, 2023 & 2030 (%, US$M)
Hybrid cloud market: Opportunity assessment by country
Global hybrid cloud market, by region, 2023 (US$M)
| Service | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 2,637.1 | 2,915.5 | 3,757.5 | 5,097.3 | 6,753.5 | 8,722.4 | 10,584.0 | 12,476.8 | 14,401.0 | 16,354.7 | 18,447.8 | 20,803.2 | 23,391.2 | 15.2% |
| Europe | 8,970.1 | 9,797.3 | 12,475.2 | 16,721.1 | 21,890.2 | 27,936.8 | 33,499.1 | 39,025.7 | 44,516.6 | 49,966.0 | 55,705.6 | 62,090.3 | 69,008.9 | 13.9% |
| North America | 14,198.9 | 15,466.3 | 19,639.8 | 26,251.6 | 34,270.7 | 43,613.8 | 52,148.1 | 60,576.1 | 68,897.7 | 77,103.9 | 85,704.8 | 95,240.1 | 105,530.3 | 13.6% |
| MEA | 3,154.9 | 3,377.9 | 4,214.0 | 5,530.5 | 7,084.7 | 8,841.9 | 10,360.8 | 11,786.5 | 13,118.9 | 14,356.1 | 15,590.8 | 16,912.1 | 18,275.0 | 11.1% |
| Asia Pacific | 7,470.1 | 8,386.1 | 10,969.8 | 15,097.2 | 20,283.6 | 26,554.6 | 32,649.0 | 38,983.3 | 45,558.1 | 52,367.9 | 59,768.9 | 68,175.8 | 77,516.3 | 16.7% |
| Overall | 36,431.2 | 39,943.0 | 51,056.2 | 68,697.6 | 90,282.7 | 115,669.5 | 139,241.0 | 162,848.4 | 186,492.2 | 210,148.6 | 235,217.8 | 263,221.4 | 293,721.7 | 14.2% |
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