Private Cloud Services Market by Service and by Geography- Global Opportunity Analysis and Industry Forecast, 2020-2024
The private cloud services market is expected to grow by $ 70.55 billion, progressing at a CAGR of over 25% during the forecast period.
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Technavio has announced its latest market research report titled Global Private Cloud Services Market 2020-2024 (Graphic: Business Wire)
The growing adoption of cloud among SMEs is one of the major factors propelling market growth. However, factors such as high costs associated with private cloud services will hamper the market growth.
Private Cloud Services Market: Geographic Landscape
North America will offer several growth opportunities to market vendors during the forecast period. 43% of the market's growth will originate from North America during the forecast period. The US is the key market for private cloud services in North America.
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Key Topics Covered:
Five Forces Analysis
Market Segmentation by Service
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