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(Wireless-NewsWire.Com, December 06, 2017 ) The rapid move of organizations to cloud deployment models has already proven that there has been a paradigm shift in the way businesses were done a decade ago. Businesses are no more interested in handling the whole ecosystem of their product and rather focus on core competency to gain competitive advantage in the market. Cloud computing has emerged as one of the fastest adopted technologies in the software industry and has become the essence of business operations across majority of the industry verticals. Public or private, each model has its own advantages or disadvantages. Organizations ranging from small to large have embraced the adoption of cloud computing technology and thus contributed to its significant growth in the past decade.
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The global private cloud market has been segmented by types into dedicated private cloud and virtual private cloud. Further the private cloud market has been fragmented on the basis of delivery model such as SaaS, PaaS and IaaS. Private cloud market segmentation is also done on the basis of industry verticals that includes BFSI, Telecommunications, Hospitality & Retail, Government, Manufacturing and Healthcare. The private cloud model being expensive as compared to the public cloud model is adopted largely by bigger organizations. The organizations that are more concerned about the privacy and security of data opt for on-premise private cloud deployment models.
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The primary factor that is driving the private cloud market is the flexibility offered and ease of management. Additionally, privacy and security for highly sensitive and mission critical data being offered due to the private deployment, this is also one of the drivers for private cloud market. Need for a scalable, flexible, agile, easy and efficient IT infrastructure is also driving this market considerably.
Despite of such benefits provided by private cloud deployment model, the growth of private cloud services has seen few obstacles. Costly infrastructure spending required to build an on-premise environment is observed as a restraining factor for most of the organizations. The internet connectivity requirements for this cloud model is high and in countries where infrastructure of internet has not been good, organizations have restrained from opting this model. Also, the integration of the model with the legacy systems has been a challenging factor. The other restraints for this market include outages and data mobility.
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Table of Contents
1. Introduction
2. Key Takeaways
3. Private Cloud Market Landscape
4. Private Cloud Market Key Industry Dynamics
5. Private Cloud Market Five Forces Analysis
6. Private Cloud Market Competitive Landscape
7. Global Private Cloud Market Revenue and Forecasts to 2025 Industry Verticals
8. Global Private Cloud Market Revenue and Forecasts to 2025 Types
9. Global Private Cloud Market Revenue and Forecasts to 2025 Delivery Models
10. Global Private Cloud Market Revenue and Forecasts to 2025 Geographical Analysis
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