Private Cloud Services Market Size, Growth Opportunities, Trends by Manufacturer

Posted by Sakshi Mishra on February 17th, 2021

Overview

Private cloud is similar to the public cloud, but it is dedicated to the requirements of a single organization. Market Research Future (MRFR) has published a research report on the global private cloud services market that infers huge increase for this market at 21% CAGR (Compound Annual Growth Rate) between 2017 and 2023.

Key Players

The key players in the global private cloud services market include Amazon Web Services (USA), Cisco Systems Inc. (USA), Dell Inc (USA), Hewlett Packard Enterprise Company (USA), Microsoft Corporation (USA), International Business Machines Corporation (USA), Rackspace Inc. (USA), Oracle Corporation (USA), Red Hat Inc. (USA), and Salesforce.com Inc (USA).

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The really vital factor for the global private cloud services market growth is their ability to address the dynamic or unpredictable computing needs of businesses or enterprises.The second factor carrying out the market growth is small and medium enterprises (SMEs) switching over to the private cloud services that can be charged on the basis of subscription or pay-per-use. Other factors the strengthen the market growth include increasing inclination towards cloud services for secured data, growing demand for low cost & secured information technology (IT) operations,  increasing cloud adoption across various industrial verticals, and lack of IT infrastructure in underdeveloped nations of Africa and the Asia Pacific. However, factors that can make the market growth hit brakes include higher initial cost for installation and lack of technical expertise.

Access Complete Report @ https://www.marketresearchfuture.com/reports/private-cloud-services-market-5087

About Market Research Future:

Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client.

The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research. 

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Email: sales@marketresearchfuture.com

 

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Sakshi Mishra

About the Author

Sakshi Mishra
Joined: September 30th, 2020
Articles Posted: 512

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