The global private cloud services market will grow by $619.08 billion between 2024 and 2028, thanks to increasing data security demands and rapid BFSI adoption. Forecasted to expand at a 26.71% CAGR, the IaaS segment drives growth by delivering scalable and efficient disaster recovery solutions. Businesses actively leverage private cloud platforms to enhance security, boost agility, and power digital transformation strategies across key industries.
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