Hybrid cloud market size is projected to grow from $162.2 billion in 2021 to $287.1 billion in 2022 at a CAGR of 10.1%. The market is expected to reach $551.9 billion in 2026 at a CAGR of 11.4%. **Key findings:** * The hybrid cloud market is expected to grow from $162.2 billion in 2021 to $551.9 billion in 2026 at a CAGR of 11.4%. * The largest market for hybrid cloud is North America, which is expected to account for 39% of the total market in 2026. * The Asia Pacific region is expected to grow at the fastest rate, with a CAGR of 13.5% from 2021 to 2026. * The key drivers of the hybrid cloud market include the increasing adoption of cloud-based applications and services, the need for scalability and flexibility, and the rising cost of data centers.
January 24, 2024
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Link to the original story: https://www.openpr.com/news/3361488/hybrid-cloud-market-projections-and-growth-opportunities