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How big is the Private Cloud Server Market today and how fast it is growing? Major Companies are Amazon, Microsoft Corp, D-Link Corporation, Cisco Systems, Accenture PLC, Rackspace, BitCloud, Seagate, Google, Just Cloud, MEGA Ltd, ElephantDrive

03-26-2019 08:27 AM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

Private Cloud Server Market

Private Cloud Server Market

Private Cloud Server Market can by integrated by platform types comprising on-premise and external private clouds. On-premise private technology is primarily used by businesses that have already invested in data-center capabilities, infrastructure and have hardware available that can be repurposed for this these solutions. Moreover, on-premise private cloud server market provide higher security as compared to external servers. External service providers offer off-site solutions to data storage to multiple tenants. They provide resources to multiple users, for instance physical hardware. The compromise on security is met with lower costs due to hardware reusability. These benefits are factors promoting the increasing adoption of external solutions segment in the private cloud server market.

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Private cloud server market segmentation by application includes storage, disaster recovery, development and testing. Storage segment is expected to lead the industry owing to the high availability of customer and organizational data. The data recovery segment is predicted to gain prominence during the forecast timeframe. Critical information requires a back-up in case of system failure, theft or external attack. Segmentation of the private cloud server market based on organization size comprise of SMBs and large businesses. SMBs are predicted to grow significantly owing to rising awareness about the benefits of the technology.

Private Cloud Server Market will be fueled by the rising awareness of the benefits of private cloud server demand among enterprises. These solutions maximize resource flexibility and usability and elevate the business performance. The risk of organizational data theft and privacy breach by public cloud usage is extensively reduced as the enterprise is responsible for the management. These solutions allow access to authorized members and business units of the organization by implementation of a virtualized environment that ensures the optimal management of available computer resources. As loss of data can have a major impact on an organization, private cloud server market software allows data recovery, which is vital in times of system failures.

Private cloud server market is suitable to businesses with unpredictable or dynamic computing requirements that need direct control over their environment. Companies that have a data-center and developed IT infrastructure will fuel the industry demand over the future. Technological advancements pertaining to firewalls, threat monitoring, and space availability are expected to offer ample opportunities.

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By industry verticals the private cloud server market consists of BFSI, defense, entertainment and infotainment, retail and consumer goods, aerospace, travel and hospitality, government, healthcare and life sciences, IT and telecommunication, logistics, and others. Managed private services are estimated to experience substantial growth in the retail vertical segment. The requirement of resources at high speed access is essential for the smooth functioning of businesses operating in this sector. Private cloud server market solutions are useful in accumulating and managing of real-time data which can be used in capacity planning of the organization. Although public cloud server market offer economies of scale, higher ROI and cost benefits, private technology offers better reliability and security and ensures data is not lost or misplaced.

Players operating in the private cloud server market need to employ business strategies such as collaborations, mergers and acquisitions to sustain growth in the global marketplace. Vendors providing these solutions include Amazon, Microsoft Corp, D-Link Corporation, Cisco Systems, Accenture PLC, Rackspace, BitCloud, Seagate, Google, Just Cloud, MEGA Ltd, ElephantDrive, Hewlett-Packard Development, Hivelocity Ventures, International Business Machine, and Cisco systems.

The U.S. private cloud server market is anticipated to lead the private cloud server market due to escalating demand for secure severs and rapid industrialization. APAC is estimated to witness high growth rate during the forecast period. This is attributed to increasing awareness of the advantages and rising demand for big data storage in emerging economies, for instance China and India.

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
Blog: www.industry-source.org

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