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.
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.
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Tags: Private Cloud Services Industry Trends, Private Cloud Services Industry Size, Private Cloud Services Industry Share, Private Cloud Services Industry Forecast, Private Cloud Services Industry Outlook, Private Cloud Services Industry Analysis