Report ID: 47851 3300 Service Dataintelo 96 Pages 4.2 (46) Report Details. The research report on Private Cloud Services market Added by Market Study Report, LLC, proposes a comprehensive study on the recent industry trends. Private Cloud Services Market Size, Share 2020 Global Industry Growth, Historical Analysis, Trends, Emerging Factors, Demands, Key Players, Emerging Technologies and Potential of Industry Till 2023. As such, market players are aggressively encouraging small and medium enterprises to adopt private cloud deployment. It offers all the benefits, such as agility, scalability, and ability to create multiple virtual machines for complex computing tasks and operations, associated with public cloud while maintaining a high level of data security and privacy protection. Further, VR/AR can also prove to be a valuable solution in providing remote assistance as it can support in avoiding unnecessary travel. Private Cloud Services Market report also offers a basic overview of the industry including definitions, Size, classifications, applications and industry chain structure. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports. For instance, in October 2017, MSC Malaysia Implementation Council introduced the ‘Cloud First’ strategy in Malaysia. Small and medium enterprises in Asia Pacific countries, such as Japan, China, India, South Korea, and Taiwan, have realized the potential benefits of adopting private cloud server solutions for various business operations. Size of the hybrid (public/private) cloud market worldwide, from 2014 to 2021 (in billion U.S. dollars) Market size in billion U.S. dollars Exclusive Premium statistic The ' Private Cloud Server market' report added recently by Market Study Report, LLC, evaluates the industry in terms of market size, market share, revenue estimation, and geographical outlook. Technavio is a leading global technology research and advisory company. The user hosting segment dominated the market in 2018 with a market share of over 51%. The disaster recovery-as-a-service market size has the potential to ⦠Size of the cloud computing and ⦠The existing situation owing to the outbreak of the epidemic will inspire pharmaceutical vendors and healthcare establishments to improve their R&D investments in AI, acting as a core technology for enabling various initiatives. Email: media@technavio.com Nevertheless, a provider-hosted private cloud server allows enterprises to expand the data storage capacity with minimum capital investment. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. The global Cloud VPN Market size is projected to reach USD 9050.5 Million by 2026, from USD 4470.6 Million in 2020, at a CAGR of 12.5% during 2021-2026. online dashboard trial. We have researched more than 40 of the best cloud storage providers to provide you with our curated list, ranking on aspects such as capacity, price, file size, security and ease of use. The global private cloud server market size is expected to reach $183 billion by 2025, rising at a market growth of 29.4% CAGR during the forecast period, according to a new report published by KBV Research. Based on hosting type, the market has been segmented into user hosting and provider hosting. Global Private Cloud Storage Market Size And Forecast. Last year – in 2018, the market size was valued at $272 billion. Size of the hybrid (public/private) cloud market worldwide, from 2014 to 2021 (in billion U.S. dollars) Market size in billion U.S. dollars Exclusive Premium statistic The report provides key statistics on the market status, size, share, growth factors of the Private Cloud Services. The global private cloud server market size was estimated at USD 43.4 billion in 2019 and is expected to reach USD 60.3 billion in 2020. This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. On the basis of type of services, global private cloud services market can be segmented into storage, networking, computing, backup and others. OpenStack Market By Deployment Mode (Private Cloud, Public Cloud, and Hybrid Cloud) and By End User (BFSI, Academic & Research, Retail & E-Commerce, IT, Telecommunication, Manufacturing, Government and Defense, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, … The US is the key market for private cloud services in North America. It has been observed that the leading organizations in North America are leveraging their spending capacity and have increased their IT infrastructure investment to opt for hosted services, thereby boosting the growth of the regional demand. Usage of AI can help in reducing operating costs, and at the same time, can increase customer satisfaction during the renewal process, claims, and other services. Increasing concerns over data security and disaster recovery, coupled with the continued adoption of the bring your own device (BYOD) trend and growing deployment of a mobile workforce and emerging as the key factors that are expected to drive the growth of the market for private cloud server solutions over the forecast period. Global Private Cloud Server Market Report Overview. Such initiatives to encourage a hosted deployment are propelling the rapid growth of the Asia Pacific regional market. Website: www.technavio.com/, The Private Cloud Services Market will grow by USD 70.55 bn during 2020-2024, https://www.technavio.com/report/private-cloud-services-market-industry-analysis. Our support available to help you 24 hours a day, five days a week. Addition or alteration to country, regional & segment scope. US: +1 844 364 1100 OMR recently published new report titled " Virtual Private Cloud Market - global trends, market share, industry size, growth, opportunities, and market forecast - 2019-2025" to its portfolio. b. Overview 6.2. Large Enterprises 6.3. North America is also home to several large-scale providers. The global virtual private cloud market attained a value of around USD 30 billion in 2019. Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis. Global Personal/Private Cloud Scope and Market Size Personal/Private Cloud market is segmented by Type, and by Application. To get extensive research insights: Click and Get FREE Sample Report in Minutes! The governments in countries, such as India and China, are particularly emphasizing on encouraging innovation and adopting hosted technologies on a larger scale to create a modern and technology-driven society. Private Cloud Server Market Size, Industry Report, 2019-2025. Buy 2 Technavio reports and get the third for free. Global Personal/Private Cloud Scope and Market Size Personal/Private Cloud market is segmented by Type, and by Application. However, factors such as high costs associated with private cloud services will hamper the market growth. Global private cloud services market can be segmented into type of services, enterprise size, end-users, and region. 2019 to 2026. The private cloud server market is a relatively concentrated but highly competitive market where the top-5 companies jointly accounted for the largest market share in 2018. We never share your personal data. Virtual Private Cloud (VPC) Market size is expected to grow rapidly over the forecast period due to increasing need for data protection and cybersecurity in SMEs and large enterprises. This research will help both existing and new aspirants for Global Private Cloud Hardware Market to figure out and study market needs, market size, and competition. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. North America will offer several growth opportunities to market vendors during the forecast period. The Private Cloud Services Market will grow by USD 70.55 bn during 2020-2024. Global Private Cloud Market Report 2019 – Market Size, Share, Price, Trend and Forecast. Hence, large organizations with a higher spending capacity are particularly adopting a private cloud server as an integral part of their IT infrastructure. Global private cloud services market was valued at $3,703 million in 2016, and is estimated to reach $14,111 million by 2023, growing at a CAGR of 21.1% from 2017 to 2023. The large enterprise segment dominated the market in 2018 with a market share of more than 82%. As the workforce continues to expand, organizations are increasingly deploying a mobile workforce. The increasing investment by the companies to enhance its IT infrastructure is boosting the demand for cloud computing solutions. Privacy Policy. Private cloud server envisages an infrastructure delivering hosted services fully dedicated to a single organization. The Dell Technologies Cloud combines the power of VMware and Dell EMC infrastructure and removes complexities across public clouds and private clouds. As this juncture, advances in the technology pertaining to storage availability, threat monitoring, and firewalls are expected to open significant opportunities for the market growth over the forecast period. If processors based on Arm become the norm in the data center, the industry can thank the gravitational pull of AWS, which l⦠A private cloud server offers benefits, such as lower operational costs, options to pay as per the usage, and offerings tailored to the business requirement. The global private cloud server market size is estimated to reach USD 205.44 billion, by 2025 and is projected to grow at a CAGR of 29.6% from 2019 to 2025, according to a new report by Million Insights. As a result, large organizations particularly prefer private cloud server solutions. Virtual Private Cloud Market size is expected to grow from USD 29.9 billion in 2019 to USD 58.9 billion by 2025, at a (CAGR) of 23% Increased security, … Explore purchase options. Private Cloud Server Market size 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 virtual private cloud provides improved performance, scalability and flexibility at reduced cost & time than other cloud ⦠They are particularly offering scalable infrastructure and affordable services that can be ideal for small and medium enterprises. In 2018, the market for cloud computing and hosting services is predicted to be worth 118 billion U.S. dollars worldwide. The global private cloud server market size was valued at USD 30.24 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 29.6% from 2019 to 2025. Request discounts available for Start-Ups & Universities. The segmental analysis of the virtual private cloud market is carried out on the basis of delivery model, organization size, region and vertical. Similarly, in July 2019, VMware, Inc. extended its strategic partnership with Google Cloud. October 05, 2020 10:45 PM Eastern Daylight Time LONDON-- (BUSINESS WIRE)--Technavio has been monitoring the private cloud services market and it is poised to grow by USD 70.55 bn during 2020-2024⦠The increasing investment by the companies to enhance its IT infrastructure is boosting the demand for cloud computing solutions. Overall cloud services sector worldwide is witnessing tremendous growth since the past ⦠Private and public clouds are emerging as the most-adopted big data analytics platforms for various customer segments. The segmentation of … Private Cloud Server Market size will be fueled by the rising awareness of the benefits of private cloud server demand among enterprises. A user-hosted or an on-premise cloud server allows organizations to have a hosted environment within the organization. Similarly, in the Philippines, the government has announced the GovCloud initiative, which envisages a private cloud server system for government agencies to deploy payment gateways and email servers, among other web hosting applications. To get extensive research insights: Click and Get FREE Sample Report in Minutes! This website is secure and your personal details are safe. NEW YORK, Nov. 6, 2019 /PRNewswire/ -- The Global Private Cloud Server Market size is expected to reach $183 billion by 2025, rising at a market growth of … Technavio has announced its latest market research report titled Global Private Cloud Services Market 2020-2024 (Graphic: Business Wire). Our reports on private cloud services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. Free report customization (equivalent up to 8 analysts working days) with purchase. 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