What is Private Cloud Hardware Market?
Private cloud is a computing model which offers a proprietary environment that is dedicated to a single business entity. It provides extended, virtualized computing resources via physical components stored on-premises or at a vendor's datacenter. The Hardware is very expensive which is required to run a private cloud and it will require an expert cloud architect to set up, maintain and manage the environment. The hardware for private cloud can be used to store its data more securely and run its applications on physical servers.
The market study is being classified by Type (Server, Storage systems and Network Devices), by Application (Commercial, Military, Government and Others) and major geographies with country level break-up.
Hewlett Packard Enterprise (United States), Cisco (United States), Microsoft (United States), VMware (United States), Dell (United States), Oracle (United States), IBM (United States), NetApp (United States) and Amazon Web Services (United States) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Private Cloud Hardware market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Private Cloud Hardware market by Type, Application and Region.
On the basis of geography, the market of Private Cloud Hardware has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Benefits Such as Lower Operational Costs, and Options to Pay as Per the Usage
- Increasing Concerns Over Data Security is Leading to Adoption of Private Cloud Technology
Market Trend
- Increasing Deployment of Mobile Workforce
Restraints
- High Costs Associated with the Private Cloud Hardware
Opportunities
- Increasing Popularity of Private Cloud Server Among SMEs
- Rising Investments by Companies on Information and Communication Technology
Challenges
- Loss of Control May Hamper the Market
Market Leaders and some development strategies
On May 2020, Microsoft has acquired Metaswitch Networks which provides technologies and solutions that migrates communication networks to open architectures. and On December 2019, Cisco has acquired Exablaze which is a software & hardware company that specialises in building the lowest latency networking software and firmware products.
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organisations, Enterprise software vendors and Others