Summary
Private cloud adoption is alive and well. Private cloud offers the best of both worlds, with public cloud-like features but typically offering enterprises the protection of a firewall and use of existing infrastructure. We expect the global private cloud solutions market to grow at a compound annual growth rate (CAGR) of 11.0% over the 2016-to-2021 period. This forecast breaks out global growth by region (US, Europe, Asia Pacific, Latin America, and rest of world) and by 20 industry segments (chemicals; construction and engineering; consumer products; education and social services; financial services; government; healthcare; high-tech products; industrial products; insurance; media, entertainment, and leisure; oil and gas; pharmaceuticals and medical equipment; primary production; professional services; retail; telecommunications; transportation; utilities; and wholesale). We examine growth in four categories: 1) private cloud software suites; 2) private cloud platforms; 3) pre-integrated converged solutions and appliances; and 4) hosted private cloud.
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