The “Private Cloud Industry report categories the global Industry by Services, Applications and Geography” report provides a detailed overview of the major factors impacting the global Industry with the Industry share analysis and revenues of various sub segments. —
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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In recent years, software industry has been gradually shifting to the cloud deployment model due to the stated advantages it offers. Highly scalable nature of businesses prompt them to opt for cloud based services as the data at storage centers can be scaled up and down as per the user requirements. The pricing structure followed by the public cloud vendor’s model is generally pay-as-per-use which makes it highly desirable for organizations to invest. Core competency of businesses is maintained and hence allows them to stay competitive in this highly dynamic market.
The primary factor that is driving the private cloud Industry 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 Industry considerably.
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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 Industry include outages and data mobility.
North America leads the global private cloud Industry due to remarkable technological advancements and socio economic development of the region. The changing demands due to uplift in the social lifestyles impacts the way businesses are done to cater to the maximum audience. Accordingly, the region is also expected to stay as the leading adopter over the forecast period. Europe, is another region with a significant adoption of public cloud services Industry and closely following the North American region. In addition, steadily catching up with these technologies is the APAC region with developing countries like India and China gradually investing in public cloud technologies.
Segmentations Covered in the Private Cloud Market
• Delivery Models : Software as a Service(SaaS), Platform as a Service(PaaS), Infrastructure as a Service(IaaS)
• Industry Verticals : BFSI, Telecommunications, Hospitality & Retail, Government, Manufacturing, Healthcare
• Geographical Analysis: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), South America (SAM)
Some of the leading players in Private Cloud Market Report
• IBM Corporation
• Microsoft Corporation
• Amazon Web Services
• Cisco Systems, Inc.
• Google, Inc.
• Oracle Corporation
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Reason to buy
• Highlights widely used product offerings thereby allowing organizations to gain revenues by focusing majorly on select products
• The key findings and recommendations highlight crucial progressive industry trends in the Private Cloud market, thereby allowing players across the value chain to develop effective long term strategies
• Get reliable information about the strategies manufacturers in this Industry use to drive revenue
• Gain insights into the competitive landscape, to strengthen Industry competitiveness and positioning
• Highlights key business priorities in order to assist companies to realign their business strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth global Industry trends and outlook coupled with the factors driving the market, as well as the those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
• Examine the current and future impact of the five forces namely: bargaining power of suppliers, bargaining power of buyers, threat of substitutes, threat of new entrants and degree of competition
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Name: Sameer Joshi
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Organization: The Insight Partners
Address: Pune, India
Release ID: 184813