Product Code: ETC4430484 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 26 | |
The hybrid cloud market in South Korea is expanding as businesses seek flexible and scalable IT solutions. A hybrid cloud combines private and public cloud services, offering benefits such as enhanced security, cost savings, and improved data management. The market is driven by the digital transformation initiatives of enterprises and government policies promoting cloud adoption.
The adoption of hybrid IT architectures combining private and public cloud environments is driving growth in South Korea`s hybrid cloud market. Hybrid cloud solutions offer scalability, data security, and flexibility in workload management, enabling businesses to optimize IT resources and enhance operational efficiency. Market drivers include digital transformation initiatives accelerating cloud adoption across industries, regulatory compliance requirements influencing data residency and privacy concerns, and enterprise strategies for hybrid IT environments supporting agile business operations and cost-effective scalability, driving market expansion across cloud computing and IT services sectors.
The hybrid cloud market in South Korea encounters challenges related to data security, regulatory compliance, and integration complexities between on-premises and cloud environments. Market dynamics are driven by the demand for flexible and scalable IT solutions that combine the benefits of public and private clouds. Additionally, managing data sovereignty, ensuring seamless interoperability, and addressing the skill gap in cloud technologies are critical issues that need to be addressed to leverage the full potential of hybrid cloud solutions.
Government policies in South Korea support the hybrid cloud market by encouraging the adoption of cloud computing technologies in both public and private sectors. Regulations ensure the security and interoperability of hybrid cloud solutions, and the government provides financial incentives for companies investing in hybrid cloud infrastructure. There are also initiatives to promote the development of domestic cloud service providers and enhance the overall cloud ecosystem.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea Hybrid Cloud Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Hybrid Cloud Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Hybrid Cloud Market - Industry Life Cycle |
3.4 South Korea Hybrid Cloud Market - Porter's Five Forces |
3.5 South Korea Hybrid Cloud Market Revenues & Volume Share, By Service Type , 2021 & 2031F |
3.6 South Korea Hybrid Cloud Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 South Korea Hybrid Cloud Market Revenues & Volume Share, By Organization Size , 2021 & 2031F |
3.8 South Korea Hybrid Cloud Market Revenues & Volume Share, By Service Model, 2021 & 2031F |
3.9 South Korea Hybrid Cloud Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 South Korea Hybrid Cloud Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Korea Hybrid Cloud Market Trends |
6 South Korea Hybrid Cloud Market, By Types |
6.1 South Korea Hybrid Cloud Market, By Service Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Hybrid Cloud Market Revenues & Volume, By Service Type , 2021-2031F |
6.1.3 South Korea Hybrid Cloud Market Revenues & Volume, By Cloud management and orchestration, 2021-2031F |
6.1.4 South Korea Hybrid Cloud Market Revenues & Volume, By Disaster recovery, 2021-2031F |
6.1.5 South Korea Hybrid Cloud Market Revenues & Volume, By Hybrid hosting, 2021-2031F |
6.2 South Korea Hybrid Cloud Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 South Korea Hybrid Cloud Market Revenues & Volume, By Solution, 2021-2031F |
6.2.3 South Korea Hybrid Cloud Market Revenues & Volume, By Services, 2021-2031F |
6.3 South Korea Hybrid Cloud Market, By Organization Size |
6.3.1 Overview and Analysis |
6.3.2 South Korea Hybrid Cloud Market Revenues & Volume, By SMEs, 2021-2031F |
6.3.3 South Korea Hybrid Cloud Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.4 South Korea Hybrid Cloud Market, By Service Model |
6.4.1 Overview and Analysis |
6.4.2 South Korea Hybrid Cloud Market Revenues & Volume, By Infrastructure-as-a-Service, 2021-2031F |
6.4.3 South Korea Hybrid Cloud Market Revenues & Volume, By Platform-as-a-Service, 2021-2031F |
6.4.4 South Korea Hybrid Cloud Market Revenues & Volume, By Software-as-a-Service, 2021-2031F |
6.5 South Korea Hybrid Cloud Market, By Vertical |
6.5.1 Overview and Analysis |
6.5.2 South Korea Hybrid Cloud Market Revenues & Volume, By BFSI, 2021-2031F |
6.5.3 South Korea Hybrid Cloud Market Revenues & Volume, By IT and Telecommunications, 2021-2031F |
6.5.4 South Korea Hybrid Cloud Market Revenues & Volume, By Healthcare, 2021-2031F |
6.5.5 South Korea Hybrid Cloud Market Revenues & Volume, By Retail, 2021-2031F |
6.5.6 South Korea Hybrid Cloud Market Revenues & Volume, By Media and entertainment, 2021-2031F |
6.5.7 South Korea Hybrid Cloud Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.5.8 South Korea Hybrid Cloud Market Revenues & Volume, By Transportation, 2021-2031F |
6.5.9 South Korea Hybrid Cloud Market Revenues & Volume, By Transportation, 2021-2031F |
7 South Korea Hybrid Cloud Market Import-Export Trade Statistics |
7.1 South Korea Hybrid Cloud Market Export to Major Countries |
7.2 South Korea Hybrid Cloud Market Imports from Major Countries |
8 South Korea Hybrid Cloud Market Key Performance Indicators |
9 South Korea Hybrid Cloud Market - Opportunity Assessment |
9.1 South Korea Hybrid Cloud Market Opportunity Assessment, By Service Type , 2021 & 2031F |
9.2 South Korea Hybrid Cloud Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 South Korea Hybrid Cloud Market Opportunity Assessment, By Organization Size , 2021 & 2031F |
9.4 South Korea Hybrid Cloud Market Opportunity Assessment, By Service Model, 2021 & 2031F |
9.5 South Korea Hybrid Cloud Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 South Korea Hybrid Cloud Market - Competitive Landscape |
10.1 South Korea Hybrid Cloud Market Revenue Share, By Companies, 2024 |
10.2 South Korea Hybrid Cloud Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |