Press release
Private Cloud Market to witness growth opportunities worth USD 528.36 Bn by 2029 at a CAGR of 29.7 percent
Private Cloud Market
Private Cloud Market Report Scope and Research Methodology
Private cloud computing is defined as computer services provided through the Internet or a private internal network to a limited number of customers rather than the wider public. Private clouds offer businesses many of the advantages of public cloud computing, such as self-service, scalability, and elasticity, as well as the increased regulation and customization offered by dedicated resources over an on-premises cloud computing. Private clouds provide greater security and privacy by utilizing both business firewalls and internal hosting to guarantee that operations and sensitive data are not accessible to third-party providers.
The major challenge for the market is Cyberattacks which disrupt business operations and significant data loss. Cyber-attacks such as Spectre and Meltdown, as well as cloud Trojan injection attacks, account or service hijacking, and man-in-the-cloud assaults, expose company data to vulnerabilities.
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Private Cloud Market Dynamics
One of the major drivers of the Private Cloud Market is the reduced infrastructure and storage costs which increase the return on investment for an organization. Additionally, the cloud provides the pay-as-you-go model, which allows organizations to pay for cloud services based on their utilization, resulting in lower expenses. Another factor driving the popularity of cloud computing services is the rising movement of organizations toward the adoption of digital transformation and the advancement of customer satisfaction.
However, the management of regulatory and compliance policy requirements is restraining the market growth. Due to changing organizational priorities, increasing security breaches and cyber-attacks, and expanding data security concerns, the necessity for addressing regulatory and compliance standards has steadily increased in recent years.
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Private Cloud Market Regional Insights
The North American region has been a key player in the private cloud market due to its advanced technological infrastructure and economic growth. The region has also been experiencing a shift in expectations with regards to business management, which has led to a greater emphasis on attracting a wider audience through social media and other online platforms. Furthermore, the increasing amounts of data and transactions at enterprises have led to the adoption of private cloud solutions in the US and Canada, making them the leaders in the installation of private cloud servers.
Private Cloud Market Segmentation
By Service Model:
• Infrastructure as a Service (IaaS)
• Platform as a Service (PaaS)
• Software as a service (SaaS)
By Deployment Model:
• Public cloud
• Private cloud
By Organization Size:
• Small and Medium-sized Enterprises (SMEs)
• Large Enterprises
By Verticals:
• Banking, Financial Services, and Insurance (BFSI)
• Telecommunications
• IT and ITeS
• Government and Public Sector
• Retail and Consumer Goods
• Manufacturing
• Energy and Utilities
• Media and Entertainment
• Healthcare and Life Sciences
• Others (education, travel and hospitality, and transportation and logistics)
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Private Cloud Market Key Competitors include:
• AWS
• Cisco
• Dell
• HPE
• IBM
• Microsoft
• OpenStack
• SAP
• VMware
• Stripe
• Databricks
• HashiCorp
• Toast
• Plaid
• Figma
• ServiceTitan
• Checkout.com
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Table of Content for Private Cloud Market
Global Private Cloud Market: Research Methodology
Global Private Cloud Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Private Cloud Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Private Cloud Market Segmentation
Global Market, by Service Model (2021-2029)
Global Market, by Deployment Model (2021-2029)
Global Market, by Organization Size (2021-2029)
Global Market, by Verticals (2021-2029)
Regional Private Cloud Market (2021-2029)
Regional Market, by Service Model (2021-2029)
Regional Market, by Deployment Model (2021-2029)
Regional Market, by Organization Size (2021-2029)
Regional Market, by Verticals (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Service Model, Deployment Model, Organization Size and Verticals
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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