The cloud category had the larger market share, of over 70%, in the recent past. This has a lot to do with the vast implementation of the cloud computing technology amongst enterprises as it offers improved data access flexibility, high data storage, and reduced IT expenditure.
The hybrid category made up the majority of the market. This is largely attributable to organizations' growing use of hybrid clouds to exchange data and applications across various clouds. The adoption of the hybrid cloud installation method for aPaaS solutions is also growing due to the increased deployment of different cloud services for cost reductions and the growing desire for enhanced efficiency and productivity via centralized cloud governance.
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