Private Cloud Computing Market & Forecast to 2015_ Worldwide Analysis
- 10 years ago
The computing industry is witnessing a paradigm shift in the way computing is performed worldwide. There is a growing awareness among consumers and enterprises to access their information technology (IT) resources extensively through a "utility" model, a development broadly called "cloud computing." Over the recent past, the interest in cloud computing has grown exponentially worldwide and is increasingly being adopted in all major ICT-related board room discussions. Enterprises in the region are leveraging cloud computing to provide increased standardization of IT infrastructure and to lower the cost of delivering technology solutions. The private cloud market is expected to be more than double from its current market in 2011. For this private cloud market is expected to grow with a CAGR of 21.5% for the period of 2011 – 2015.
Application Virtualization Tools is the leading segment in the private cloud with around 37% market share in 2011 followed by infrastructure virtualization and Business Purpose Virtualization Tools. The Middleware Virtualization tools is contributing small fraction to the private cloud market but it has very high potential to grow in the near future. In market sizing terms Application Virtualization Tools, Infrastructure Virtualization Tools and Business Processes (BP) Virtualization Tools is expected to nearly double its market by 2015. On the other hand Middleware Virtualization Tools is expected to grow nearly 10 times from its 2011 market.
In further breakup of private cloud application virtualization tools, Infrastructure application is leading with over 50% share in private cloud application in 2011 and it is expected to maintain its dominance by 2014. The IT infrastructure application is the second popular private cloud based application. While the application development and collaboration private application are the third and fourth popular private cloud based application. In market sizing Infrastructure application is expected to reach nearly US$ 3 Billion by 2014.
Security is a big concern for enterprises that may be considering the use of public cloud. For such organizations the private cloud represents an alternative with a tighter security model that would enable their IT managers to control the building, deployment and management of those privately-owned (internal) clouds. The market for private cloud technology and integrated services is increasingly implemented by larger enterprises. Given the potential for significant cost savings, smaller and medium sized organizations are also becoming early adopters of this technology. The emerging market for cloud services is being driven by continuing globalization, government edicts, consumer acceptance of technology, and the growth of the extended enterprise.
http://www.renub.com/report/private-cloud-computing-market-forecast-to-2015-worldwide-analysis-81
Application Virtualization Tools is the leading segment in the private cloud with around 37% market share in 2011 followed by infrastructure virtualization and Business Purpose Virtualization Tools. The Middleware Virtualization tools is contributing small fraction to the private cloud market but it has very high potential to grow in the near future. In market sizing terms Application Virtualization Tools, Infrastructure Virtualization Tools and Business Processes (BP) Virtualization Tools is expected to nearly double its market by 2015. On the other hand Middleware Virtualization Tools is expected to grow nearly 10 times from its 2011 market.
In further breakup of private cloud application virtualization tools, Infrastructure application is leading with over 50% share in private cloud application in 2011 and it is expected to maintain its dominance by 2014. The IT infrastructure application is the second popular private cloud based application. While the application development and collaboration private application are the third and fourth popular private cloud based application. In market sizing Infrastructure application is expected to reach nearly US$ 3 Billion by 2014.
Security is a big concern for enterprises that may be considering the use of public cloud. For such organizations the private cloud represents an alternative with a tighter security model that would enable their IT managers to control the building, deployment and management of those privately-owned (internal) clouds. The market for private cloud technology and integrated services is increasingly implemented by larger enterprises. Given the potential for significant cost savings, smaller and medium sized organizations are also becoming early adopters of this technology. The emerging market for cloud services is being driven by continuing globalization, government edicts, consumer acceptance of technology, and the growth of the extended enterprise.
http://www.renub.com/report/private-cloud-computing-market-forecast-to-2015-worldwide-analysis-81