Nov 10 2020: The global Private Cloud Server market size is expected to reach USD 205.44 billion by 2025, registering a CAGR of 29.6% from 2019 to 2025, according to a new report by Grand View Research, Inc. Aggressive investments being made by organizations to overhaul the conventional IT infrastructure coupled with the continued adoption of cloud computing technology is anticipated to drive the market growth over the forecast period. The growing emphasis on adopting cloud computing technology in emerging economies is also expected to drive the market growth from 2019 to 2025.
As organizations continue to move their businesses
to a hosted IT infrastructure, the need for robust security & privacy,
customization, and compliance, among others, is also rising. As data is of
utmost importance for large enterprise as well as small and medium enterprises,
and any loss of critical data may result in significant losses of a business.
Private cloud server solutions not only eliminate the concerns over data loss
but also encourage organizations to adopt the bring your own device (BYOD)
trend and deploy a mobile workforce. Data recovery options being offered by the
providers of these solutions also help in annulling the concerns over data
loss.
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Private cloud server solutions are capable of
catering to the need of on-demand computing services. They can manage a range
of applications, storage needs, and processing power requirements efficiently,
thereby helping organizations to utilize the computing capacity and subscribe
for different services using a pay-as-you-go model. They can also allow
workloads to be deployed to another server in event of changes in the resource
demands, thereby ensuring that organizations have an adequate and robust virtual
infrastructure.
When it comes to investing in IT infrastructure and
security, small and medium enterprises often have limited resources and budgets
constraints. However, private cloud server solutions can help such enterprises
in reducing the total cost of ownership (TCO) associated with the IT
infrastructure. The awareness about private cloud server solutions among small
and medium enterprises is growing as a result, thereby driving the market
growth. Besides, additional benefits, such as improved business control and
scalability, offered by private cloud server solutions can not only help
organizations in maximizing the utilization of resources but also in enhancing the
efficiency of the business.
Further
key findings from the report suggest:
• The user hosting segment accounted for a market
share of over 51% in 2018 owing to the greater flexibility and scalability
offered by user-hosted private cloud server solutions without compromising with
data security
• The Asia Pacific regional market is projected to
register the highest CAGR over the forecast period, particularly owing to the
growing demand for private cloud server solutions from small and medium
enterprises in the region
• The North America regional market dominated the
global private cloud server market in 2018 as companies in North America
continued to collect large volumes of data to analyze the changing consumer
behavior
• The demand for private cloud server solutions is
rising as analyzing the large volumes of data trigger the need for high storage
and processing capacities and necessitate the adoption of hosted IT infrastructure
for robust data management
• Key players operating in the market include
VMware; Dell Inc.; Cisco Systems Inc.; Hewlett Packard Enterprise Development
LP; and Amazon.com, Inc.
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Table
of Contents
Chapter
1 Methodology and Scope
1.1 Market segmentation & scope
1.2. Market definition
1.3. Information procurement
1.3.1 Purchased database
1.3.2. GVR's internal database
1.3.3. Secondary sources & third party
perspectives
1.3.4. Primary research
1.4. Information Analysis
1.4.1. Data analysis models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter
2 Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
Chapter
3 Private Cloud Server Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.4. Market Dynamics
3.4.1. Market driver analysis
Continued…………………
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