Hybrid Cloud Services Market to Surge to Nearly US$175 Billion by 2030 on a 13.7% CAGR
Industry Experts, Inc. estimates the projects global Hybrid Cloud Services market at US$81 billion in 2024 and reach nearly US$175 billion by 2030 at a 13.7% CAGR during 2024-2030
TechMarket Experts, a unit of Industry Experts, Inc., today released its latest market research report, "Global Hybrid Cloud Services Market - Service Types, Company Types and Industry Sectors," estimating the market at US$81 billion in 2024 and forecasting growth to nearly US$175 billion by 2030 at a 13.7% CAGR during 2024-2030.
Market expansion is propelled by enterprises' need for architectural flexibility, data residency and compliance in regulated sectors, alongside rising adoption of containerization, unified orchestration and edge-to-cloud AI/ML workloads. At the same time, integration complexity, skill shortages and visibility into total cost remain challenges, spurring demand for managed hybrid services, AIOps and full-stack monitoring solutions.

Regionally, North America was the largest market with a 39.2% share in 2024, while Asia-Pacific is the fastest-growing region with a 17.3% CAGR between 2024 and 2030. By service type, Cloud Integration led with a 44% share of global value in 2024, and Cloud Security is the fastest-growing segment at a 17% CAGR. Among industry verticals, BFSI held the top share at 23.1%, and IT & Telecom is set to post the highest growth at a 16.6% CAGR.
The report analyzes historical data from 2021 to 2024 and provides forecasts through 2030 in US dollars, segmented by service type, company type and industry sector across North America, Europe, Asia-Pacific, South America and Middle East & Africa. It also profiles more than 25 major providers, including Amazon Web Services, Microsoft Azure, Google Cloud Platform, IBM, Oracle, VMware, Cisco, HPE, Dell Technologies and others.
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