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Global Private Cloud Services Market Size, Share, Forecast: By Service: Infrastructure as a Service, Platform as a Service, Software as a Service; By Enterprise Size: Small and Medium Enterprises, Large Enterprises; By End-Use: BFSI, Government, IT and Telecom, Healthcare, Retail, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Private Cloud Services Market Outlook

The global private cloud services market size reached approximately USD 49.37 billion in 2023. The market is estimated to grow at a CAGR of 15.1% in the forecast period of 2024-2032, reaching a value of around USD 179.89 billion by 2032.

Key Trends in the Market

Private cloud services refer to cloud computing services and resources offered on a private internal network for an organisation or tenant. These services offer a high level of security and privacy compared to public cloud services, which makes them a preferable option in organisations with sensitive data.

Growing demand for advanced security in sectors such as BFSI and healthcare, where data security is essential, is one of the prominent private cloud services market trends. Private cloud services offer banking and healthcare companies a high level of protection over their sensitive data and information as compared to a public cloud and curb the risk of security breaches.

The rising trend of virtualisation in private cloud services, which enhances scalability and offers hassle-free data transfer while providing virtual firewalls that protect data and applications at a cost-effective price, is another crucial trend aiding the market expansion.

Several market players are heavily investing in private cloud infrastructures to increase their data storage and performance, which also contributes to the private cloud services market growth.

Market Analysis

Based on service, the market is divided into infrastructure as a service, platform as a service, and software as a service. The private cloud services market segmentation, on the basis of enterprise size, includes small and medium enterprises and large enterprises.

Based on end use, the market is classified into BFSI, government, IT and telecom, healthcare, retail, education, media and entertainment, and manufacturing, among others. The major regional markets of private cloud services are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the private cloud services market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

Microsoft Corp.

Amazon.com, Inc.

Alphabet Inc.

Cisco Systems Inc.

HP Inc.

Dell Technologies Inc.

Rackspace Technology, Inc.

VMware, Inc.

Red Hat, Inc.

Nutanix, Inc.

Others

Market Share by Enterprise Size

Large enterprise occupies a significant portion of the private cloud services market share as private cloud services aid these organisations with better adherence to regulations and standards regarding data security and access. These services also offer the feature of portability to large enterprises, through which an application present in private infrastructure can be reused across a hybrid or multi-cloud environment. Furthermore, large enterprises can utilise private cloud infrastructure to regulate access control of their employees for enhanced data protection.

Market Share by Region

As per the private cloud services market analysis, North America accounts for a substantial share of the global market, due to the increased adoption of private cloud computing in the region. Rising security concerns regarding data privacy and security also fuel the demand for private cloud services in the region.

Meanwhile, Europe is expected to witness sizeable growth in the upcoming years, due to the high demand for virtual data centres, which boosts the deployment of private cloud services.

Competitive Landscape

Microsoft Corp., established in 1975, is a multinational technology corporation, headquartered in Washington, the United States. Some of its major software products include Windows app, OneDrive, Outlook, and Microsoft Teams, among others.

Amazon.com, Inc. is a primary e-commerce company, founded in 1994, with its headquarters in Washington, the United States. The company offers its services in e-commerce, cloud computing, and artificial intelligence, among others.

Alphabet Inc., incorporated in 2015, is a conglomerate that owns companies such as Google, Calico, and X, among others. It is based in California, the United States, and also includes subsidiaries such as Google Fiber, Verily, and CapitalG, among others.

Other private cloud services market players include Cisco Systems Inc., HP Inc., Dell Technologies Inc., Rackspace Technology, Inc., VMware, Inc., Red Hat, Inc., and Nutanix, Inc., among others.

Key Highlights of the Report

REPORT FEATURES	DETAILS
Base Year	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Scope of the Report	Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment: Service Enterprise Size End-Use Region
Breakup by Service	Infrastructure as a Service Platform as a Service Software as a Service
Breakup by Enterprise Size	Small and Medium Enterprises Large Enterprises
Breakup by End-Use	BFSI Government IT and Telecom Healthcare Retail Education Media and Entertainment Manufacturing Others
Breakup by Region	North America United States of America Canada Europe United Kingdom Germany France Italy Others Asia Pacific China Japan India ASEAN Australia Others Latin America Brazil Argentina Mexico Others Middle East and Africa Saudi Arabia United Arab Emirates Nigeria South Africa Others
Market Dynamics	SWOT Analysis Porter's Five Forces Analysis Key Indicators for Demand Key Indicators for Price
Competitive Landscape	Market Structure Company Profiles Company Overview Product Portfolio Demographic Reach and Achievements Certifications
Companies Covered	Microsoft Corp. Amazon.com, Inc. Alphabet Inc. Cisco Systems Inc. HP Inc. Dell Technologies Inc. Rackspace Technology, Inc. VMware, Inc. Red Hat, Inc. Nutanix, Inc. Others

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1   Preface
2   Report Coverage – Key Segmentation and Scope
3   Report Description
   3.1   Market Definition and Outlook
   3.2   Properties and Applications
   3.3   Market Analysis
   3.4   Key Players
4   Key Assumptions
5   Executive Summary
   5.1   Overview
   5.2   Key Drivers
   5.3   Key Developments
   5.4   Competitive Structure
   5.5   Key Industrial Trends
6   Market Snapshot
   6.1   Global
   6.2   Regional
7   Opportunities and Challenges in the Market
8   Global Private Cloud Services Market Analysis
   8.1   Key Industry Highlights
   8.2   Global Private Cloud Services Historical Market (2018-2023)
   8.3   Global Private Cloud Services Market Forecast (2024-2032)
   8.4   Global Private Cloud Services Market by Service
       8.4.1   Infrastructure as a Service
           8.4.1.1   Historical Trend (2018-2023)
           8.4.1.2   Forecast Trend (2024-2032)
       8.4.2   Platform as a Service
           8.4.2.1   Historical Trend (2018-2023)
           8.4.2.2   Forecast Trend (2024-2032)
       8.4.3   Software as a Service
           8.4.3.1   Historical Trend (2018-2023)
           8.4.3.2   Forecast Trend (2024-2032)
   8.5   Global Private Cloud Services Market by Enterprise Size
       8.5.1   Small and Medium Enterprises
           8.5.1.1   Historical Trend (2018-2023)
           8.5.1.2   Forecast Trend (2024-2032)
       8.5.2   Large Enterprises
           8.5.2.1   Historical Trend (2018-2023)
           8.5.2.2   Forecast Trend (2024-2032)
   8.6   Global Private Cloud Services Market by End-Use
       8.6.1   BFSI
           8.6.1.1   Historical Trend (2018-2023)
           8.6.1.2   Forecast Trend (2024-2032)
       8.6.2   Government
           8.6.2.1   Historical Trend (2018-2023)
           8.6.2.2   Forecast Trend (2024-2032)
       8.6.3   IT and Telecom
           8.6.3.1   Historical Trend (2018-2023)
           8.6.3.2   Forecast Trend (2024-2032)
       8.6.4   Healthcare
           8.6.4.1   Historical Trend (2018-2023)
           8.6.4.2   Forecast Trend (2024-2032)
       8.6.5   Retail
           8.6.5.1   Historical Trend (2018-2023)
           8.6.5.2   Forecast Trend (2024-2032)
       8.6.6   Education
           8.6.6.1   Historical Trend (2018-2023)
           8.6.6.2   Forecast Trend (2024-2032)
       8.6.7   Media and Entertainment
           8.6.7.1   Historical Trend (2018-2023)
           8.6.7.2   Forecast Trend (2024-2032)
       8.6.8   Manufacturing
           8.6.8.1   Historical Trend (2018-2023)
           8.6.8.2   Forecast Trend (2024-2032)
       8.6.9   Others
   8.7   Global Private Cloud Services Market by Region
       8.7.1   North America
           8.7.1.1   Historical Trend (2018-2023)
           8.7.1.2   Forecast Trend (2024-2032)
       8.7.2   Europe
           8.7.2.1   Historical Trend (2018-2023)
           8.7.2.2   Forecast Trend (2024-2032)
       8.7.3   Asia Pacific
           8.7.3.1   Historical Trend (2018-2023)
           8.7.3.2   Forecast Trend (2024-2032)
       8.7.4   Latin America
           8.7.4.1   Historical Trend (2018-2023)
           8.7.4.2   Forecast Trend (2024-2032)
       8.7.5   Middle East and Africa
           8.7.5.1   Historical Trend (2018-2023)
           8.7.5.2   Forecast Trend (2024-2032)
9   North America Private Cloud Services Market Analysis
   9.1   United States of America
       9.1.1   Historical Trend (2018-2023)
       9.1.2   Forecast Trend (2024-2032)
   9.2   Canada
       9.2.1   Historical Trend (2018-2023)
       9.2.2   Forecast Trend (2024-2032)
10   Europe Private Cloud Services Market Analysis
   10.1   United Kingdom
       10.1.1   Historical Trend (2018-2023)
       10.1.2   Forecast Trend (2024-2032)
   10.2   Germany
       10.2.1   Historical Trend (2018-2023)
       10.2.2   Forecast Trend (2024-2032)
   10.3   France
       10.3.1   Historical Trend (2018-2023)
       10.3.2   Forecast Trend (2024-2032)
   10.4   Italy
       10.4.1   Historical Trend (2018-2023)
       10.4.2   Forecast Trend (2024-2032)
   10.5   Others
11   Asia Pacific Private Cloud Services Market Analysis
   11.1   China
       11.1.1   Historical Trend (2018-2023)
       11.1.2   Forecast Trend (2024-2032)
   11.2   Japan
       11.2.1   Historical Trend (2018-2023)
       11.2.2   Forecast Trend (2024-2032)
   11.3   India
       11.3.1   Historical Trend (2018-2023)
       11.3.2   Forecast Trend (2024-2032)
   11.4   ASEAN
       11.4.1   Historical Trend (2018-2023)
       11.4.2   Forecast Trend (2024-2032)
   11.5   Australia
       11.5.1   Historical Trend (2018-2023)
       11.5.2   Forecast Trend (2024-2032)
   11.6   Others
12   Latin America Private Cloud Services Market Analysis
   12.1   Brazil
       12.1.1   Historical Trend (2018-2023)
       12.1.2   Forecast Trend (2024-2032)
   12.2   Argentina
       12.2.1   Historical Trend (2018-2023)
       12.2.2   Forecast Trend (2024-2032)
   12.3   Mexico
       12.3.1   Historical Trend (2018-2023)
       12.3.2   Forecast Trend (2024-2032)
   12.4   Others
13   Middle East and Africa Private Cloud Services Market Analysis
   13.1   Saudi Arabia
       13.1.1   Historical Trend (2018-2023)
       13.1.2   Forecast Trend (2024-2032)
   13.2   United Arab Emirates
       13.2.1   Historical Trend (2018-2023)
       13.2.2   Forecast Trend (2024-2032)
   13.3   Nigeria
       13.3.1   Historical Trend (2018-2023)
       13.3.2   Forecast Trend (2024-2032)
   13.4   South Africa
       13.4.1   Historical Trend (2018-2023)
       13.4.2   Forecast Trend (2024-2032)
   13.5   Others
14   Market Dynamics
   14.1   SWOT Analysis
       14.1.1   Strengths
       14.1.2   Weaknesses
       14.1.3   Opportunities
       14.1.4   Threats
   14.2   Porter’s Five Forces Analysis
       14.2.1   Supplier’s Power
       14.2.2   Buyer’s Power
       14.2.3   Threat of New Entrants
       14.2.4   Degree of Rivalry
       14.2.5   Threat of Substitutes
   14.3   Key Indicators for Demand
   14.4   Key Indicators for Price
15   Competitive Landscape
   15.1   Market Structure
   15.2   Company Profiles
       15.2.1   Microsoft Corp.
           15.2.1.1   Company Overview
           15.2.1.2   Product Portfolio
           15.2.1.3   Demographic Reach and Achievements
           15.2.1.4   Certifications
       15.2.2   Amazon.com, Inc.
           15.2.2.1   Company Overview
           15.2.2.2   Product Portfolio
           15.2.2.3   Demographic Reach and Achievements
           15.2.2.4   Certifications
       15.2.3   Alphabet Inc.
           15.2.3.1   Company Overview
           15.2.3.2   Product Portfolio
           15.2.3.3   Demographic Reach and Achievements
           15.2.3.4   Certifications
       15.2.4   Cisco Systems Inc.
           15.2.4.1   Company Overview
           15.2.4.2   Product Portfolio
           15.2.4.3   Demographic Reach and Achievements
           15.2.4.4   Certifications
       15.2.5   HP Inc.
           15.2.5.1   Company Overview
           15.2.5.2   Product Portfolio
           15.2.5.3   Demographic Reach and Achievements
           15.2.5.4   Certifications
       15.2.6   Dell Technologies Inc.
           15.2.6.1   Company Overview
           15.2.6.2   Product Portfolio
           15.2.6.3   Demographic Reach and Achievements
           15.2.6.4   Certifications
       15.2.7   Rackspace Technology, Inc.
           15.2.7.1   Company Overview
           15.2.7.2   Product Portfolio
           15.2.7.3   Demographic Reach and Achievements
           15.2.7.4   Certifications
       15.2.8   VMware, Inc.
           15.2.8.1   Company Overview
           15.2.8.2   Product Portfolio
           15.2.8.3   Demographic Reach and Achievements
           15.2.8.4   Certifications
       15.2.9   Red Hat, Inc.
           15.2.9.1   Company Overview
           15.2.9.2   Product Portfolio
           15.2.9.3   Demographic Reach and Achievements
           15.2.9.4   Certifications
       15.2.10   Nutanix, Inc.
           15.2.10.1   Company Overview
           15.2.10.2   Product Portfolio
           15.2.10.3   Demographic Reach and Achievements
           15.2.10.4   Certifications
       15.2.11   Others
16   Key Trends and Developments in the Market

List of Key Figures and Tables

1.   Global Private Cloud Services Market: Key Industry Highlights, 2018 and 2032
2.   Global Private Cloud Services Historical Market: Breakup by Service (USD Billion), 2018-2023
3.   Global Private Cloud Services Market Forecast: Breakup by Service (USD Billion), 2024-2032
4.   Global Private Cloud Services Historical Market: Breakup by Enterprise Size (USD Billion), 2018-2023
5.   Global Private Cloud Services Market Forecast: Breakup by Enterprise Size (USD Billion), 2024-2032
6.   Global Private Cloud Services Historical Market: Breakup by End Use (USD Billion), 2018-2023
7.   Global Private Cloud Services Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8.   Global Private Cloud Services Historical Market: Breakup by Region (USD Billion), 2018-2023
9.   Global Private Cloud Services Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.   North America Private Cloud Services Historical Market: Breakup by Country (USD Billion), 2018-2023
11.   North America Private Cloud Services Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.   Europe Private Cloud Services Historical Market: Breakup by Country (USD Billion), 2018-2023
13.   Europe Private Cloud Services Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.   Asia Pacific Private Cloud Services Historical Market: Breakup by Country (USD Billion), 2018-2023
15.   Asia Pacific Private Cloud Services Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.   Latin America Private Cloud Services Historical Market: Breakup by Country (USD Billion), 2018-2023
17.   Latin America Private Cloud Services Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.   Middle East and Africa Private Cloud Services Historical Market: Breakup by Country (USD Billion), 2018-2023
19.   Middle East and Africa Private Cloud Services Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.   Global Private Cloud Services Market Structure

Key Questions Answered in the Report

What was the private cloud services market value in 2023?

In 2023, the market reached an approximate value of USD 49.37 billion.

What is the growth rate of the private cloud services market?

The market is projected to grow at a CAGR of 15.1% between 2024 and 2032.

What is the forecast outlook of the private cloud services market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 179.89 billion by 2032.

What are the major market drivers?

The major market drivers are the growing demand for better security services in enterprises and the surge in the adoption of hybrid cloud models.

What are the key trends of the market?

The key trends of the market include growing demand for advanced security and data protection in BFSI and healthcare sectors, rising trend of virtualisation in private cloud services, and rising investment in private cloud infrastructure.

What are the major regional markets for private cloud services, according to the report?

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

What are the various services covered in the market report?

Various services are infrastructure as a service, platform as a service, and software as a service.

Who are the key market players, according to the private cloud services market report?

The key players in the market are Microsoft Corp., Amazon.com, Inc., Alphabet Inc., Cisco Systems Inc., HP Inc., Dell Technologies Inc., Rackspace Technology, Inc., VMware, Inc., Red Hat, Inc., and Nutanix, Inc., among others.

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