Private Cloud Services Market: Global Industry Analysis, Size, and Forecast: 2018-2027
Category: Cloud Computing Technology | Publishing in: July 2021 | Pages: NA | Price (Single User License): US$ 4250
Private Cloud Services Market Introduction
In recent past, cloud computing has become mainstream services delivery model, with a growing number of end-user organizations realizing impressive efficiency and agility benefits. Among various service delivery models, private cloud model is gaining traction among organizations as it is characterized by higher data security and control. Private cloud services model is defined as cloud-based services such as infrastructure as a service, platform as a service and software as a service over private internal network or secured internet network to selected number of users. Private cloud is also known as corporate cloud and delivers various advantages similar to that offered by public cloud model including elasticity, self-service and scalability.
Growth of private cloud services market is mainly driven by advanced benefits such as greater control over operations, scalability and higher data security it offers to end-user organizations. Further, these services are being increasingly preferred by enterprises with mission-critical workloads and uptime requirements. However, private cloud services based on proprietary architecture is one of limitations expected to hinder the adoption of these services, hampering market growth. Also, high comparatively high cost associated with availing cloud services is impeding growth of the private cloud services market.
The global private cloud services market research study includes in-depth analysis on segments and sub-segments at a regional level. Major segments covered in the market are offering and end-user vertical. The private cloud services market is segmented based on offering into cloud Infrastructure as a Service (IaaS), cloud Software as a Service (SaaS), cloud management and security Service, cloud Business Process as a Service, and other services. On the basis of end-user vertical, the global private cloud services market is categorized into BFSI, telecom & IT, healthcare, manufacturing, energy & utility, public sector, transportation, retail, and other industries.
Major regions covered in the global private cloud services market includes North America, Eastern Europe, Western Europe, Asia Pacific, Latin America, and Middle East and Africa (MEA). In 2016, North America was the largest regional market in the overall private cloud services market in terms of spending owing to growing focus of enterprises towards data security. Additionally, the private cloud computing market in Asia Pacific is anticipated to expand at a healthy CAGR due to increasing awareness related to benefits of this model in the region.
Private Cloud Services Market Competitive Landscape
Key vendors to be profiled in the private cloud services market are Dell EMC, Hewlett Packard Enterprise Company, Oracle Corporation, VMWare Inc., Rackspace Inc., Microsoft Corporation, Nutanix, Cisco Systems Inc., IBM Corporation, and Fujitsu.
Major Regions/Countries include:
- North America
- United States
- Western Europe
- United Kingdom
- Rest of Western Europe
- Eastern Europe
- Rest of Eastern Europe
- Asia Pacific (APAC)
- Rest of Asia-Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa (MEA)
- North Africa
- South Africa
- Rest of MEA
This research report on Private Cloud Services Market would be produced using first-hand market information gathered from industry experts and major participants across the value chain, during primary research. It would provide broad view of current market trends, growth factors and competitive analysis.