Private Cloud Server Market Research Report
The GMI Research expects the private cloud server market to
expand at a significant rate. From a regional perspective, North America is
expected to dominate the market due to the increasing economic development and growing
adoption of cloud computing technologies for real-time data accessibility among
business enterprises in several industry verticals, such as banking, IT,
retail, and defense.
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Private
Cloud Server Market Dynamics (including market size, share, trends, forecast,
growth, forecast, and industry analysis)
Key
Drivers
Various advantages provided to the companies by running
their IT systems in a private cloud environment is a significant factor that is
surging the growth of the private
cloud server market. It provides several benefits, including real-time and
quick access to data, cost savings, strong security level, immediate resource
allocation, multiple interconnected networks, and worldwide connected servers.
Moreover, the continuously rising IT industry and drastic shift of business
enterprises towards deploying cloud infrastructure as an active solution to
decrease infrastructure and IT cost for physical server installation will
further fuel the growth of the private cloud server market. Furthermore, the
increasing deployment of a mobile workforce, growing adoption of the bring your
own device (BYOD) trend, and technological advancements regarding threat
monitoring, firewalls, and space availability are predicted to create various
new opportunities for the market in the upcoming years. On the other hand, the
factor hindering the growth of the market include private clouds are
comparatively expensive than public clouds. In addition to this, support,
deployment, and maintenance for the private cloud are expensive and
time-consuming as compared to public cloud service. This factor is restraining
the growth of the market during the forecast period.
Hosting
Type Segment Drivers
Based on hosting type, the user-hosted segment is
anticipated to increase at a faster CAGR during the forecast period as the
on-premise cloud server offers higher security compared to external servers.
Additionally, it enables the companies to have an in-house data center to host
the private cloud that is considered a more secure infrastructure, which will
bolster the market growth.
Private
Cloud Server Market’s leading Manufacturers:
·
Alphabet Inc.
·
International Business Machines Corp.
·
Vmware, Inc.
·
Dell, Inc.
·
Cisco Systems Inc.
·
Hewlett Packard Enterprise Development LP
·
Accenture PLC
·
Microsoft Corporation
·
Atos SE
Private
Cloud Server Market Segmentation:
Segmentation
by Hosting Type:
·
User Hosting
·
Provider Hosting
Segmentation
by Organization Type:
·
SME
·
Large Enterprise
Segmentation
by Industry Vertical:
·
BFSI
·
Defence
·
Entertainment
·
Retail
·
Aerospace
·
Hospitality
·
Government
·
Healthcare
·
IT and Telecommunication
·
Logistics
·
Others
Segmentation
by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
About GMI Research
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