Press release
Managed Hybrid Infrastructure Services Market to be dominated by Large Enterprise till 2026
Technology proliferation and the increasing demand for secure IT infrastructure by organizations is expected to drive the global managed hybrid infrastructure services market for the forecast period.According to TechSci Research report, “Managed Hybrid Infrastructure Services Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026, Segmented By Service Type (Managed Storage as a Service, Managed Compute as a Service, Managed Disaster Recovery as a Service, Managed Colocation, Managed Network as a Service, Managed Hosting & Others), By Service Deployment (On Premise & Cloud), By Organization Size (Large Enterprise & Small & Medium Enterprises), By End Use Vertical (BFSI, IT & Telecom, Retail, Government & Defense, Manufacturing & Others) and By Region”, the global managed hybrid infrastructure services market is expected to grow at a rate of steady CAGR for the forecast period, 2022-2026. Managed hybrid infrastructure services aim to monitor and analyze the IT infrastructure, including storage, server, network of the organization, to efficiently evaluate the effect of the IT infrastructure on the performance and availability of the business applications. It includes the performance of private, public, hybrid as well as conventional on-premises configurations. The rise in the demand for advanced technologies by organizations to provide quality services to their customers and make smart decisions based on the generated insights is influencing the demand of the global managed hybrid infrastructure services market.
The adoption of managed hybrid infrastructure services by the organization ensures the east data transfer between different platforms and reduces the development and maintenance costs. Also, the managed hybrid infrastructure services help lower energy consumption from the data centers and automatically update the system along with the detection of the issues affecting the workflow.
However, the growing concerns towards data security and privacy may restrain the global managed hybrid infrastructure services market growth for the forecast period.
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Global managed hybrid infrastructure services market is segmented into service type, service deployment, organization size, end use vertical, regional distribution, and company. Based on service deployment, the market is bifurcated into on-premise and cloud. The on-premise segment is expected to hold a significant market share for the forecast period, 2022-2026. On-premises allow organizations to completely transfer the data to experts and ensure the efficient use of investments and high performance. Large organizations generate massive data that is the reason they prefer to avail the on-premise services to maximize data security. The solutions offered by the managed hybrid infrastructure are hosted at the client premises, and the access is available only to a single user. Based on the organization size, the market is divided into large enterprises & small & medium enterprises. The small & medium enterprises segment to witness the fastest incremental growth for the forecast period, 2022-2026. Small & medium sized enterprises continuously invest in the adoption of the latest technologies and indulge in product innovations to witness growth.
IBM Corporation, Microsoft Corporation, Amazon Web Services, Inc., Alphabet, Inc., Oracle Corporation, Alibaba Group, NTT Ltd., Rackspace Technology, Verizon Wireless, Inc, VMware, Inc., Fujitsu Limited, DigitalOcean, LLC are the leading players operating in global managed hybrid infrastructure services market. Service providers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several managed hybrid infrastructure services service providers are coming up with their technologically advanced offerings.
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“The growing demand for advanced, responsive, and optimized infrastructure demand from organizations to satisfy the digital business demands is expected to drive the demand of the global managed hybrid infrastructure services market. Market players use intelligent automation and analytics, which lowers operational costs and increases the efficiency of organizations. The high demand for the adoption of cloud and industrialized services and the declining of the on-premises data center, along with the availability of enhanced connectivity, communication, and collaboration in the organization, is expected to propel the global managed hybrid infrastructure services market growth till 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Managed Hybrid Infrastructure Services Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026, Segmented By Service Type (Managed Storage as a Service, Managed Compute as a Service, Managed Disaster Recovery as a Service, Managed Colocation, Managed Network as a Service, Managed Hosting & Others), By Service Deployment (On Premise & Cloud), By Organization Size (Large Enterprise & Small & Medium Enterprises), By End Use Vertical (BFSI, IT & Telecom, Retail, Government & Defense, Manufacturing & Others)and By Region” has evaluated the future growth potential of global managed hybrid infrastructure services market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of global managed hybrid infrastructure services market.
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