Artificial Intelligence
Hybrid Cloud Market Worth USD 173.33 Billion by 2025 Growing at 22.5% CAGR – Report by Market Research Future (MRFR)
New York, US, June 30, 2021 (GLOBE NEWSWIRE) — Market Overview:
According to a comprehensive research report by Market Research Future (MRFR), “Global Hybrid Cloud Market information by Service Type, by Components, by Vertical and Region – forecast to 2027” the market size to reach USD 173.33 Billion by 2025 with a CAGR of 22.25%
Hybrid cloud Market Scope:
Hybrid cloud Market, simply put, is an integrated cloud service that uses both public and private clouds to perform distinctive functions in the same organization. Its significance is increased owing to the dynamic nature of work and versatility. Owing to its alluring features and perks, hybrid cloud has wide applications in different end use industries such as transportation, healthcare, media and entertainment, manufacturing, retail, IT and telecommunication, and BFSI.
Hybrid cloud helps to bridge the gap between businesses and information technology by improving efficiency and agility and at the same time rapidly delivering IT resources at an affordable cost. This integrated cloud computing service uses both private and public cloud services to perform distinct functions in the same organization. A hybrid cloud is beneficial for highly changeable and dynamic workloads. Disaster recovery, orchestration, cloud management, and hybrid hosting are some of its service types.
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Dominant Key Players on Hybrid Cloud Market Covered Are:
- Microsoft Corporation (US)
- Google LLC (US)
- Cisco Systems Inc. (US)
- Oracle Corporation (US)
- IBM Corporation (US)
- VMware Inc. (US)
- Amazon.com Inc. (US)
- Hewlett Packard Enterprise Development LP (US)
- Rackspace (US)
- NTT Communications Corporation (Japan)
- Equinix Inc. (US)
Market USP exclusively encompassed:
Market Drivers
As per the MRFR report, there are numerous factors that are propelling the hybrid cloud market growth. These include cost efficiency, security, agility, and scalability, growing need for interoperability standards between existing systems and cloud services, rapid digitization, widespread adoption of cloud-computing services, and various technological advances such as the integration of edge computing, machine learning (ML), internet of things (IoT), and artificial intelligence. Besides, improvements in IT infrastructure, and increasing adoption of multi-cloud spaces and SaaS, are the hybrid cloud market trends that are also adding market growth.
On the contrary, security and privacy issues may hamper the global hybrid cloud market growth over the forecast period.
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Segmentation of Market covered in the research:
The Market Research Future report offers an inclusive analysis of the hybrid cloud market based on vertical, organization size, service model, service type, and components.
By component, the global hybrid market report is segmented into services and solutions. Of these, the services segment will lead the market over the forecast period.
By organization size, the global hybrid market is segmented into large enterprises and SMEs.
By service type, the global hybrid market is segmented into disaster recovery, orchestration, cloud management, and hybrid hosting.
By service model, the global hybrid market is segmented into platform-as-a-service, software-as-a-service, and infrastructure-as-a-service. Of these, the software-as-a-service segment will dominate the market over the forecast period.
By vertical, the global hybrid cloud market is segmented into transportation, healthcare, media and entertainment, manufacturing, retail, IT and telecommunication, and BFSI. Of these, the BFSI segment will spearhead the market over the forecast period.
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Regional Takeaway
North America to Command Largest Share in Hybrid Cloud Market
By region, the global hybrid cloud market covers growth opportunities and the latest trends across Europe, the Asia Pacific (APAC), North America, South America, and Rest of the World (RoW). Of these, North America will command the largest share in the market over the forecast period. The increasing need for businesses that can offer employees with flexible work solutions, overall improved internet connectivity, the presence of top players, growing demand for hybridization services in the US, the presence of dynamic business environment, an indispensable need to attain better efficiency and productivity through centralized cloud governance, and growing adoption of multiple cloud services for cost savings are adding to the global hybrid cloud market share in the region. The region is predicted to touch USD 14.02 billion at a 23.81% CAGR by 2025.
Europe to Grab Second-Largest Share in Hybrid Cloud Market
In Europe, the global hybrid cloud market is predicted to hold the second-largest share over the forecast period and at a 24.13% CAGR. The growing need for scalable, agile, and cost-efficient solutions and the presence of a developed IT, and telecom industry are adding to the global hybrid cloud market growth in the region.
APAC to Grow at Fast Pace
In the APAC region, the global hybrid cloud market is predicted to grow at a fast pace over the forecast period and at a stellar 29.11% CAGR. The presence of several cloud computing marketers is adding to the hybrid cloud market growth in the region.
RoW to Have Sound Growth in Hybrid Cloud Market
In the RoW, the global hybrid cloud market is predicted to have sound growth over the forecast period at a healthy 20.22% CAGR. The expansion of the cloud infrastructure is adding to the global hybrid cloud market growth in the region.
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Industry News
February 2021– Delta Air Lines has joined hands with IBM to migrate to the hybrid cloud that is built on red hat openshift with an aim to increase its agility, innovation capabilities, and speed to market around digital transformation.
February– Microsoft has recently launched in India a new hybrid cloud solution for companies to build as well as run applications that are cloud-native with seamless access to on-premise cloud solutions with the existing processes, skillsets, and tools.
COVID-19 Impact on the Global Hybrid Cloud Market
Several companies have faced the brunt of the ongoing COVID-19 crisis, barring just a few, such as the hybrid cloud market. Following the government-imposed lockdowns and social distancing trends, there has been a need for remote working and work from home. It is here where cloud computing plays a pivotal role as it allows employees to access applications and systems from home. This had a positive effect on the market growth.
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Artificial Intelligence
Clinical Trials Matching Software Market Projected to Reach $832.56 million by 2030 – Exclusive Report by 360iResearch
PUNE, India, April 18, 2024 /PRNewswire/ — The report titled “Clinical Trials Matching Software Market by Functionality (Analytics & Reporting, Compliance Tracking, Data Management), Deployment (Cloud & Web Based, On-Premise), End-Use – Global Forecast 2024-2030” is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $342.20 million in 2023 to reach $832.56 million by 2030, at a CAGR of 13.54% over the forecast period.
“The Global Surge in Adoption of Matching Software for Enhanced Participant Enrollment”
Clinical trials matching software stands at the forefront of revolutionizing clinical research by automating the process of identifying and enrolling eligible participants. These platforms offer a streamlined approach to match patient health profiles with trial requirements, accelerating enrollment and supporting the shift toward personalized healthcare using these advanced AI and ML technologies. Although integrating these systems poses challenges due to variations in healthcare IT infrastructure and the imperative for rigorous data security, the potential for market growth is substantial. In the Americas, a robust clinical trials ecosystem thrives; in the European Union, it has unified regulatory standards and extended to emerging regions such as the Middle East, Africa, and the APAC countries; the demand for such innovative solutions is on a steep rise. This demand is fueled by governmental support, the evolving regulatory landscape, and strategic partnerships to embed these solutions within electronic health records, underscoring a global movement toward optimizing clinical trial processes to better cater to specific patient demographics.
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“The Rise of Virtual Trials and Advanced Matching Software”
The healthcare landscape is witnessing a transformative shift toward virtual clinical trials, fueled by technological advancements and the necessity for continuity during the COVID-19 pandemic. This transition supports research amid social distancing measures and introduces significant cost savings by reducing the need for physical infrastructure and in-person interactions. The efficiencies brought by electronic health records (EHR), wearable technologies, and automation streamline the entire process, from patient recruitment to data analysis. Several approaches, endorsed by regulatory bodies such as the FDA, represent a leap forward in making clinical trials more accessible and streamlined, ensuring that more patients can participate in potentially life-saving research without the geographical and logistic constraints of traditional trials.
“Enhancing Clinical Trials through Advanced Analytics, Rigorous Compliance, and Precision-Patient Matching”
Integrating advanced analytics, meticulous compliance monitoring, and precision-patient matching marks a significant advancement toward maximizing efficiency and fostering trial diversity. The software delivers insightful data on trial progress, participant demographics, and enrollment figures, empowering stakeholders to make well-informed decisions and optimize resource distribution to meet trial goals effectively by implementing cutting-edge analytics. The built-in compliance feature ensures trials are conducted in strict adherence to regulatory standards, minimizing risks associated with non-compliance. Furthermore, a robust data management system guarantees the integrity and availability of clinical trial data, which is critical for the seamless operation and real-time analysis of trials. The software includes state-of-the-art patient matching technology, which employs sophisticated algorithms and artificial intelligence to expedite recruitment by accurately identifying candidates who match specific trial requirements. This innovative approach accelerates the recruitment timeline and enhances the diversification of trial participants, paving the way for more inclusive and representative clinical research outcomes.
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“Medidata by Dassault Systèmes SE at the Forefront of Clinical Trials Matching Software Market with a Strong 11.30% Market Share”
The key players in the Clinical Trials Matching Software Market include International Business Machines Corporation, Science 37, Inc. by eMed, LLC, Medidata by Dassault Systèmes SE, AutoCruitment LLC, Deep 6 AI Inc., and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the Clinical Trials Matching Software Market”
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Clinical Trials Matching Software Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Clinical Trials Matching Software Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
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“Dive into the Clinical Trials Matching Software Market Landscape: Explore 190 Pages of Insights, 286 Tables, and 22 Figures”
PrefaceResearch MethodologyExecutive SummaryMarket OverviewMarket InsightsClinical Trials Matching Software Market, by FunctionalityClinical Trials Matching Software Market, by DeploymentClinical Trials Matching Software Market, by End-UseAmericas Clinical Trials Matching Software MarketAsia-Pacific Clinical Trials Matching Software MarketEurope, Middle East & Africa Clinical Trials Matching Software MarketCompetitive LandscapeCompetitive PortfolioInquire Before Buying @ https://www.360iresearch.com/library/intelligence/clinical-trials-matching-software
Related Reports:
Clinical Trial Support Services Market – Global Forecast 2024-2030Virtual Clinical Trials Market – Global Forecast 2024-2030Clinical Trials Management System Market – Global Forecast 2024-2030About 360iResearch
Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset — our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
Contact 360iResearchMr. Ketan Rohom360iResearch Private Limited,Office No. 519, Nyati Empress,Opposite Phoenix Market City,Vimannagar, Pune, Maharashtra,India – 411014.Email: [email protected]: +1-530-264-8485India: +91-922-607-7550
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BOSTON, April 18, 2024 /PRNewswire/ — The RepTrak™ Company, the world’s leading reputation data and insights company, released its annual Global RepTrak 100 report. Utilizing its advanced reputation monitoring software, RepTrak gathered data from more than 243,000 survey responses across 14 major economies to rank the world’s 100 most reputable companies. They share that ranking alongside a full analysis of global corporate reputation trends and corresponding public sentiment in the 2024 report.
After two years of consecutive Reputation Score declines, this year’s Score is back up with an increase from 73.2 in 2023 to 73.8 in 2024. It’s a small increase after 2023’s full one-point drop. However, it’s an encouraging sign that companies have begun to recover from reputation falls driven by many challenges: macroeconomic issues, workplace difficulties, product problems, and corporate responsibility skepticism.
“This year’s report underscores a pivotal shift in the corporate landscape, spotlighting the remarkable adaptability and dedication of the Top 100 companies in responding to the dynamic needs of stakeholders,” states RepTrak CEO Mark Sonders. “The companies featured in our report are not just riding the wave of change; they are the ones steering it, proving that the best approach to business is one that embraces evolution and champions progress.”
RepTrak’s report explores how people thought, felt, and acted toward companies over the past year. Findings include notable increases in Conduct and Citizenship efforts, stakeholders’ rising willingness to invest, culturally resonant brand communications, and ESG Scores that soared despite skepticism around the acronym.
To read the full 2024 Global RepTrak 100 report, please visit: www.reptrak.com/globalreptrak
About RepTrak
The RepTrak™ Company is the world’s leading reputation data and insights company. We help companies by organizing and grading a variety of reputational elements, offering a real-world report card on their corporate reputation. Subscribers to the RepTrak program use our predictive insights to protect business value, improve return on investment, and increase their positive impact on society. RepTrak’s pairing of advanced metrics and dedicated reputation advisors offers clients an actionable analysis of their reputation data, aligning business objectives with stakeholder sentiment across different markets and sectors.
Established in 2004, The RepTrak Company owns the world’s largest reputation benchmarking database, gathering over 1 million company ratings per year used by CEOs, boards, and executives in more than 60 countries worldwide. For more information, please visit: www.reptrak.com
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Artificial Intelligence
Group-IB takes part in a global operation to cripple Canadian Phishing-as-a-Service provider LabHost
SINGAPORE, April 18, 2024 /PRNewswire/ — Group-IB, a leading cybersecurity company aimed at investigating, preventing, and fight digital crime announced today that it participated in a coordinated global takedown operation against prominent Canadian Phishing-as-a-Service (PhaaS) provider LabHost, which has led to the arrest of 37 suspects across the United Kingdom and around the world by law enforcement agencies. As part of the operation, Group-IB also conducted an extensive analysis of LabHost’s criminal history and infrastructure, including insights into LabHost’s administrative platform and the services it provides to its purported user base which exceeds 2,000 subscribers worldwide, who illegally obtained around 480,000 card numbers, 64,000 pin numbers, and over 1 million passwords from victims used for websites and other online services, according to law enforcement agencies.
“By leveraging our Threat Intelligence and Digital Risk Protection, we are able to identify and monitor phishing attacks and websites like those deployed by LabHost and its subscribers around the world, enabling us to actively alert and protect our customers, and in turn, their customers as well,” said Dmitry Volkov, Chief Executive Officer of Group-IB. “Today’s takedown operation demonstrates the agility and responsiveness of our decentralized Digital Crime Resistance Centers, and how quickly we can provide immediate and local assistance wherever our customers may be.”
First uncovered in late 2021, LabHost emerged as a fully automated Phishing-as-a-Service (PhaaS) platform, streamlining the creation of phishing websites meticulously mirroring the interface and functionality of prominent banking, postal, and financial entities, aimed at intercepting, seizing, and profiting from users’ personal, credit card, and online banking credentials. Users are prompted to select from various “membership plans,” tailored to target businesses and individuals in either the United States and Canada, or globally, akin to mobile subscription models. These plans encompass “standard,” “premium,” and “world membership” tiers, priced between US$179 and US$300 monthly, with options for monthly, quarterly, or annual billing cycles.
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