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Private Cloud Services Market 2019 Business Opportunities, Target Audience, Statistics, Growth Potential, Analysis Report, Future Plans, Business Distribution, Application, Trend Outlook, Deployment

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Private Cloud Services Market 2019 Business Opportunities, Target Audience, Statistics, Growth Potential, Analysis Report, Future Plans, Business Distribution, Application, Trend Outlook, Deployment

September 17
12:33 2019
Private Cloud Services Market 2019 Business Opportunities, Target Audience, Statistics, Growth Potential, Analysis Report, Future Plans, Business Distribution, Application, Trend Outlook, Deployment

Private Cloud Services Market
The report on the Global Private Cloud Services Market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player’s market share analysis, competitive landscape and supply chain analysis.

Overview

The global private cloud market is expected to exhibit steady growth at a strong 21% CAGR over the forecast period from 2017 to 2023, according to the latest research report from Market Research Future (MRFR). The global private cloud market is mainly driven by the growing awareness about the benefits of private cloud over public cloud among end users, as well as the increasing ease of availing cloud services in an increasing number of countries around the world.

The report provides a detailed look into the dynamics in the global private cloud market, including a historical review that profiles the major drivers and restraints impacting the growth trajectory of the private cloud market. Major players competing in the global private cloud market are also profiled in the report to provide readers with a clear picture regarding the competitive landscape of the market.

The major advantages of private cloud services over public cloud include the higher level of security and higher scope for customization according the end user’s needs. The higher security on offer in private cloud services has been instrumental in driving the demand from the global private cloud market and is likely to remain a leading driver for the market over the forecast period. While private cloud services cost more than public cloud, many end users are happy to pay the higher costs, as they incorporate a higher standard of security that is simply impossible to attain on a public cloud network. This has been a major driver for the global private cloud market. The increasing risk of cybercrime and data loss is likely to drive the demand for higher security standards in the cloud market, driving the demand for private cloud over public cloud.

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The higher scope for customization of services on offer in private cloud systems is also a major driver for the global private cloud market. By their very nature, public cloud systems are designed for use by a large volume of people, which eliminates the scope for variety in the offerings. On the other hands, private cloud systems, while more expensive, can be customized to match the needs of the specific end user, making them more suitable and beneficial for the end users. This is likely to be a key driver for the private cloud market over the forecast period.

Segmentation:

The global private cloud market is segmented on the basis of service type, organization size, end use, and region.

On the basis of the service, the private cloud market is segmented into software as a service (SaaS), platform as a service (PaaS), and infrastructure as a service (IaaS).

On the basis of organization size, the market is segmented into SMEs and large enterprises.

On the basis of the end-use industry, the private cloud market is segmented into banking and financial services, information technology and telecommunication, government, education, healthcare, retail, manufacturing, and media & entertainment, among others.

Competitive Analysis:

Leading players in the global Private Cloud Services Market include Amazon Web Services, Salesforce.com Inc., Red Hat Inc., Rackspace Inc., Oracle Corporation, Microsoft Corporation, IBM, HP, Dell Inc., and Cisco Systems Inc.

In July 2019, ViON launched ViON Enterprise Cloud, a multi-cloud hybrid solution that allows users to bring the superior aspects of public cloud into private cloud.

In May 2019, EasyStack launched the latest generation of its private cloud service, EasyStack Cloud Service.

Smaller players in the global private cloud market are likely to have a considerable say in the direction the market moves in, as the technology behind private cloud networks is free from copyrights, enabling the generation of a robust product development infrastructure.

Regional Analysis:

North America is likely to dominate the global private cloud market over the forecast period, followed by Europe. The widespread availability of advanced cloud solutions in these two regions is the major driver for the private cloud market in these regions.

Asia Pacific is also likely to play a key role in the growth of the private cloud market over the forecast period due to the growing demand for private cloud architecture in developing economies such as India, China, Japan, and South Korea.

LIST OF TABLES

Table1 World Population By Major Regions (2017 To 2030)

Table2 Global Private Cloud Services Market: By Region, 2017-2023

Table3 North America Private Cloud Services Market: By Country, 2017-2023

Table4 Europe Private Cloud Services Market: By Country, 2017-2023

Table5 Asia-Pacific Private Cloud Services Market: By Country, 2017-2023

Continued…….

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LIST OF FIGURES

FIGURE 1 Global Private Cloud Services Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis Of Global Private Cloud Services Market

FIGURE 4 Value Chain Of Global Private Cloud Services Market

FIGURE 5 Share Of Global Private Cloud Services Market In 2017, By Country (In %)

Continued…….

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. 

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/private-cloud-services-market-5087