What is Private Cloud Market?
Private cloud is a model of cloud computing that delivers computing services either over the internet or private internal network and only to select users instead of the general public. It is created and maintained by an individual enterprise. It gives the businesses many of the benefits of a public cloud such as self-service, elasticity and scalability. It provides a higher level of security and privacy through both company firewalls and internal hosting.
Highlights from Private Cloud Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Cisco Systems, Inc. (United States), Dell Inc. (United States), BMC Software (United States), Hewlett Packard Enterprise Company (United States), International Business Machines Corporation (United States), Microsoft Corporation (United States), Oracle Corporation (United States), Rackspace Inc. (United States), Red Hat, Inc. (United States) and Amazon Web Services (United States) |
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Private Cloud market throughout the forecasted period.
Cisco Systems, Inc. (United States), Dell Inc. (United States), BMC Software (United States), Hewlett Packard Enterprise Company (United States), International Business Machines Corporation (United States), Microsoft Corporation (United States), Oracle Corporation (United States), Rackspace Inc. (United States), Red Hat, Inc. (United States) and Amazon Web Services (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Eucalyptus (United States), Salesforce.com, Inc. (United States) and VMware, Inc. (United States). Private Cloud Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Banking, Financial Services, and Insurance (BFSI), Telecommunications and IT, Retail, Government, Energy and resources, Manufacturing, Healthcare and life sciences, Transport and logistics, Media and entertainment and Others |
Type | Dedicated Private Cloud and Virtual Private Cloud |
Organization | Small and Medium Enterprises,Large Enterprises |
On the basis of geography, the market of Private Cloud 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.
Influencing Trend:
Increase in Real Deployments of Private Cloud
Market Growth Drivers:
Enhanced Degree of Control Offered To the Organization and Demand For Low Cost and Secured IT Operations
Challenges:
Lack of Technical Expertise
Restraints:
Higher Initial Investment for Private Cloud
Opportunities:
Rising Adoption of Cloud Services Among Small and Medium Enterprises and Lack of IT Infrastructure in Developing Countries of the Asia Pacific and Africa
Key Target Audience
Private Cloud Providers, Research Professionals, Emerging Companies, Government Body & Associations and End-user