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Private Cloud Services Market to Grow by USD 385.7 Billion (2025-2029), Rising Demand for Enhanced Data Security Boosts Market, with AI Impacting Trends – Technavio

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NEW YORK, Jan. 31, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global private cloud services market size is estimated to grow by USD 385.7 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of over 19.6%  during the forecast period. Increased inclination for private cloud for enhanced data security is driving market growth, with a trend towards increasing acceptance of private cloud in BFSI segment. However, high costs associated with private cloud services  poses a challenge. Key market players include Adobe Inc., Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com Inc., AT and T Inc., Cisco Systems Inc., Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., International Business Machines Corp., Microsoft Corp, Oracle Corp, Rackspace Technology Inc., Salesforce Inc., SAP SE, ServiceNow Inc., Tencent Holdings Ltd., Verizon Communications Inc., VMware Inc., and Workday Inc..

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Private Cloud Services Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 19.6%

Market growth 2025-2029

USD 385.7 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

16.4

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 51%

Key countries

US, Canada, India, South Korea, France, Italy, UK, China, Japan, and Germany

Key companies profiled

Adobe Inc., Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com Inc., AT and T Inc., Cisco Systems Inc., Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., International Business Machines Corp., Microsoft Corp, Oracle Corp, Rackspace Technology Inc., Salesforce Inc., SAP SE, ServiceNow Inc., Tencent Holdings Ltd., Verizon Communications Inc., VMware Inc., and Workday Inc.

Market Driver

Private cloud services have gained significant traction in the business world due to their ability to offer dedicated computing resources with enhanced data security and compliance with regulatory standards. IT infrastructure for SMEs and large enterprises in sectors like IT & Telecommunication, Healthcare, Media and Entertainment can benefit from private cloud solutions. Legacy systems and interoperability concerns are addressed through virtualization and cloud integration. Cost efficiency and scalability are key drivers for cloud adoption. HIPAA-compliant solutions cater to healthcare industry needs. Cloud migration, managed services, and hybrid cloud offerings provide flexibility for businesses. Cloud storage, computing, and management solutions ensure business continuity and disaster recovery. Cloud automation, security, and infrastructure management streamline operations. Cloud innovation continues with advancements in cloud applications, deployment, and architecture. Cloud providers offer customized solutions to meet diverse business requirements. Cloud performance and solution integration are essential for seamless operations. 

Financial institutions are increasingly adopting private cloud solutions to enhance their agility and reduce costs. Private Platform-as-a-Service (PaaS) enables the development, testing, and deployment of applications on secure cloud platforms. Data security and regulatory compliance are key concerns for financial institutions, making private clouds an attractive option. By investing in private cloud infrastructure, financial organizations can lower their capital expenditures and focus on business transformation initiatives. Digital transformation is a top priority, and private cloud services facilitate this by providing a secure and flexible environment for data processing and application development. In recent years, many financial institutions have made significant investments in private cloud infrastructure to protect their data and stay compliant with regulatory requirements. 

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 Market Challenges

Private cloud services offer businesses a dedicated and secure computing environment, addressing challenges in areas like computing resources, data security, and regulatory standards. However, implementing private cloud solutions comes with hurdles for Small and Medium Enterprises (SMEs) and Large Enterprises alike. IT infrastructure, legacy systems, interoperability concerns, and cost efficiency are common challenges. Industries like IT & Telecommunication, Healthcare, Media and Entertainment face additional regulations such as HIPAA. Scalability, virtualization, and cloud adoption are key considerations. Cloud migration, managed services, hybrid cloud, cloud storage, and cloud computing solutions offer benefits like business continuity, disaster recovery, cloud automation, and cloud management. Cloud security, infrastructure, performance, and innovation are crucial factors. Cloud providers offer various deployment models, architectures, and applications to cater to diverse business needs.A private cloud is a dedicated cloud solution for an individual organization or user. Third-party vendors deliver resources such as data centers or networking services, either on-premises or off-premises. Isolation and security are ensured through a private network, keeping the infrastructure exclusive to the organization. Compliance-sensitive workloads benefit from this setup. Customization is possible to meet unique business needs. However, the costs are substantial due to the dedicated resources involved.

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Segment Overview 

This private cloud services market report extensively covers market segmentation by  

Service 1.1 IaaS1.2 SaaS1.3 PaaSType 2.1 Large enterprise2.2 Small and medium enterpriseGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and AfricaVertical

1.1 IaaS-  Private cloud IaaS (Infrastructure-as-a-Service) is a business model that delivers outsourced computing infrastructure, including servers, storage, and data center space or network components, over the Internet. IaaS vendors offer enterprises on-demand access to a large pool of IT equipment installed across multiple data centers. The benefits of private IaaS include better security, cost savings through elimination of upfront capital expenditures, quick access to resources, rapid innovation, and ease in shifting resource usage. Cisco Workload Optimization Manager and Amazon Virtual Private Cloud (VPC) are examples of private cloud IaaS products. In a private cloud environment, the IaaS vendor manages, maintains, and develops the dedicated pool of computing resources for a single organization or enterprise. The use of private IaaS services is increasing due to enhanced security, ease of access to resources, and the ability to quickly scale resources to accommodate changing business needs. This trend is particularly prominent among large enterprises and SMEs in developed and developing regions such as North America, Europe, and APAC. The private cloud’s security advantages, including dedicated resources and encryption, make it a preferred choice over public clouds for many organizations. The global private cloud services market’s IaaS segment is expected to grow significantly due to these factors.

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Research Analysis

The Private Cloud Services market offers businesses the ability to leverage Computing resources and IT infrastructure within their own secure environments. With data security being a top priority, Private Cloud Services provide an ideal solution for organizations seeking to protect sensitive information, particularly in industries subject to Regulatory standards such as HIPAA. SMEs and Large Enterprises in IT & Telecommunication, Healthcare, Manufacturing, Media and Entertainment, among others, can benefit from the scalability and cost efficiency of Private Cloud Services. Private Cloud Services enable businesses to virtualize their IT infrastructure and offer Managed services, Hybrid cloud solutions, Cloud migration, Cloud storage, and Cloud computing. These services ensure Business continuity and offer the flexibility to handle Legacy systems, making them an attractive option for organizations looking to modernize their IT environment. Private Cloud Services offer a cost-effective alternative to building and maintaining an on-premises data center while ensuring data security and regulatory compliance.

Market Research Overview

The Private Cloud Services market offers businesses the ability to leverage computing resources in a secure and customizable environment, meeting stringent data security requirements and regulatory standards. IT infrastructure for private clouds can accommodate legacy systems, addressing interoperability concerns, and catering to both SMEs and Large Enterprises in various industries such as IT & Telecommunication, Healthcare, Media and Entertainment. HIPAA compliance is a significant consideration for healthcare organizations. Private clouds offer scalability and cost efficiency through virtualization and managed services, enabling hybrid cloud solutions and cloud migration. Cloud storage, computing, and management are essential components, along with business continuity and disaster recovery solutions. Cloud automation, integration, and deployment are crucial for seamless adoption and implementation of cloud solutions. Cloud providers offer a range of infrastructure, architecture, and performance options to meet diverse business needs. Innovation in cloud services continues to drive advancements in cloud applications, security, and infrastructure.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ServiceIaaSSaaSPaaSTypeLarge EnterpriseSmall And Medium EnterpriseGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And AfricaVertical

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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KuCoin Upgrades Institutional Lending to Improve Capital Infrastructure and Efficiency

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PROVIDENCIALES, Turks and Caicos Islands, Sept. 1, 2026 /CNW/ — KuCoin, a leading global crypto platform built on trust, today announced an upgrade to its Institutional Interest-Free Lending Program, adding support for its Unified Trading Account (UTA). The upgraded program reduces the qualifying external 30-day trading-volume requirement for newly registered API clients from 30 million to 10 million USDT and offers 0% interest for the first two months without a volume requirement. Eligible clients may borrow up to 3 million USDT for use across Spot, Margin and Futures.

As institutions operate across more products and strategies, capital can become fragmented between accounts, increasing costs and operational friction. Integrating lending with a unified account brings financing closer to execution, helping professional teams use collateral and deploy capital more efficiently.

UTA is an account framework that enables eligible users to manage capital across supported trading products through a single account structure. With Institutional Lending integrated, borrowed funds can be deployed across Spot, Margin and Futures without transfers between separate trading accounts. Borrowing is available in USDT, USDC, BTC and ETH.

KuCoin introduced targeted interest-free credit in 2024, offering eligible API traders and quantitative teams up to 500,000 USDT alongside fee benefits, enhanced connectivity, higher API limits and technical support. In 2025, borrowing increased to 3 million USDT, with support for multiple borrowing assets and the ability to combine funds from sub-accounts as margin across eligible products. The 2026 upgrade marks the next stage of that development, moving the program from targeted credit support toward more integrated institutional capital infrastructure.

“Professional market participants need timely, flexible and capital-efficient access to liquidity. Effective institutional lending infrastructure must combine financing at scale, tailored terms and competitive pricing so clients can execute sophisticated strategies with confidence,” said Alison Qin, Head of KuCoin Institutional & VIP. “By integrating lending with UTA, we are bringing capital closer to the accounts and products behind those strategies, making it easier to deploy while helping clients maintain control over execution and risk.”

The upgrade reflects KuCoin’s broader approach to product innovation: building around how users access, manage, deploy and use digital assets. By connecting financing, account infrastructure and execution, KuCoin aims to provide institutions with practical tools for participating in the evolving digital asset economy.

About KuCoin
Founded in 2017, KuCoin is a leading global crypto platform built on trust and security, serving over 45 million users across 200+ countries and regions. Known for its reliability and user-first approach, the platform combines advanced technology, deep liquidity, and strong security safeguards to deliver a seamless trading experience. KuCoin provides access to 1,500+ digital assets through a broad product suite and remains committed to building transparent, compliant, and user-centric digital asset infrastructure for the future of finance, backed by SOC 2 Type II, ISO/IEC 27001:2022, ISO/IEC 27701:2019, ISO 22301:2019 and ISO/IEC 42001:2023 certifications. In recent years, we have built a strong global compliance foundation, marked by key milestones including AUSTRAC registration in Australia, a MiCA license in Europe, and regulatory progress in other markets.
Learn more at www.kucoin.com.

Disclaimer

The information is for corporate PR purposes only and does not constitute endorsement or investment advice.

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Odyssey Energy Solutions Raises $74 Million to Accelerate Distributed Renewable Energy Financing in Emerging Markets

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Funding will scale Odyssey’s platform in regions including Asia, Africa, and Latin America

BOULDER, Colo., Sept. 1, 2026 /CNW/ — Odyssey Energy Solutions, the leading platform for financing distributed renewable energy (DRE) projects in emerging markets, today announced $74 million in new financing. The funding consists of a $27 million equity round and $47 million in debt. New equity investors include Broadscale Group, FMO, and Al Mada Ventures, with continued participation from existing investors including Union Square Ventures, Equal Ventures, Abstract Ventures, Twelve Below, FJ Labs, MCJ, and Transition Ventures. Debt financiers include British International Investment, BIO, the Facility for Energy Inclusion represented by Cygnum Capital and the Energy Entrepreneurs Growth Fund represented by TripleJump.

The financing will support continued expansion of Odyssey’s platform, which connects more than 6,000 solar installers and engineering, procurement, and construction companies (EPCs) with financiers and equipment suppliers in more than 50 countries across Africa, Asia, and Latin America, facilitating access to $3.6 billion in capital for distributed energy projects. Odyssey’s procurement platform, launched in 2024, aggregates equipment procurement across its large network of EPCs, offering these small-to-medium sized companies access to volume pricing with embedded supply chain credit. The platform has unlocked 1.5 GW of projects to date.

“The focus of financing for distributed renewable energy has historically been on post-construction capital–funding that flows once a project is built,” said Emily McAteer, co-founder and CEO of Odyssey Energy Solutions. “That has left a significant gap upstream, where thousands of small and medium EPCs and installers lack the working capital needed to procure equipment, complete construction, and unlock customer payments. Odyssey bridges this gap directly, providing companies with the equipment pricing and financing they need to accelerate project delivery.”

The announcement comes at a moment of accelerating demand for distributed renewable energy across Odyssey’s core markets. Falling solar and battery costs, rising oil prices, and evolving government policy have converged to make the unit economics of distributed solar materially stronger than fossil-fuel alternatives. In Nigeria, where diesel backup generators supply more electricity than grid-connected power plants, according to the International Finance Corporation, diesel prices rose more than 93% between February and April 2026 following supply disruptions in the Strait of Hormuz. In India, where Odyssey’s platform has grown 205% over the past 12 months, new domestic manufacturing requirements for solar components are reshaping supply chains and driving demand for the procurement and financing infrastructure that Odyssey provides. Rapid data center construction across India, driven by rising AI compute demand, is further increasing electricity demand at a pace grid infrastructure is struggling to meet, adding urgency to distributed solar and storage as a complement to centralized power supply.

“Distributed solar in emerging markets has reached a watershed moment,” said Andrew Shapiro, founder and Managing Partner at Broadscale Group. “The demand is there, the economics work, and the remaining constraint to deployment at massive scale is access to capital and procurement infrastructure for installers. That is exactly what Odyssey provides and why we’re thrilled to support the company as they enable this critically important growth.”

“Having worked across distributed energy finance in India and emerging markets, I’ve seen firsthand both the scale of the opportunity and the barriers that have held the sector back,” said Piyush Mathur, co-founder and Managing Director of Odyssey Energy Solutions. “Today, the conditions for rapid deployment of clean energy have never been stronger. EPCs and distributed energy developers are growing at unprecedented rates, creating an urgent need for the procurement, financing, and technology infrastructure that can enable them to scale. That is the gap Odyssey is uniquely filling.”

The new capital will allow for expansion of Odyssey’s procurement platform, which aggregates equipment orders across smaller buyers to improve supplier terms and offers embedded supply chain credit. Given high demand from commercial and industrial customers for solar and storage solutions, installers typically have a much larger order book than they can supply at a given time due to working capital constraints. Procuring through Odyssey allows these companies to procure and construct more projects at once, accelerating project deployment.

The recent funding follows Odyssey’s $15M Series A, announced in May 2023, bringing the total capital raised by the company to $94M. The company is also among the inaugural portfolio partners of Multiplier, an advisory firm co-founded by Jigar Shah and Jonathan Silver, both former directors of the U.S. Department of Energy’s Loan Programs Office.

About Odyssey Energy Solutions
Odyssey Energy Solutions is accelerating the clean energy transition in emerging markets. The platform connects more than 6,000 distributed energy companies with financiers and equipment suppliers across India, Africa, Latin America, and more than 50 countries worldwide, facilitating access to $3.6 billion in capital. Learn more at odysseyenergysolutions.com.

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Green Security Expands VendorOps Platform with Acquisition of VenSero

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Green Security acquired VenSero, expanding its VendorOps platform to connect vendor credentialing with surgical scheduling, loaner equipment coordination and case readiness, giving hospitals greater visibility ahead of procedures.

CLEARWATER, Fla., Sept. 1, 2026 /PRNewswire-PRWeb/ — Acquisition extends Green Security beyond vendor credentialing with surgical vendor scheduling and loaner tray management to improve operating room case readiness

Green Security, a leading provider of healthcare vendor operations and intelligence solutions, today announced it has acquired VenSero, a surgical vendor coordination platform that helps health systems improve operating room readiness by coordinating vendor representatives, loaner equipment and surgical workflows before every procedure.

VenSero is embedded directly within Epic OpTime, enabling perioperative teams to coordinate vendor representatives, loaner instrumentation and case readiness within their existing clinical workflows. Combined with Green Security’s credentialing, compliance and vendor access capabilities, the acquisition creates a more connected workflow spanning the critical operational steps that take place before a surgical procedure.

“Hospitals don’t think about vendor credentialing, surgical scheduling and loaner equipment as separate challenges,” said Mickey Meehan, CEO of Green Security. “They think about whether a case is ready. That’s what makes VenSero such a strong fit. Together, we’re giving healthcare organizations a more complete view of everything that happens before a procedure begins so they can reduce delays, improve coordination and better support patient care.”

Founded in 2010, VenSero is one of the healthcare industry’s longest-running surgical vendor coordination platforms. Embedded directly within Epic OpTime, the platform enables perioperative teams to schedule vendor representatives, coordinate loaner instrumentation and monitor case readiness without leaving their existing clinical workflow. The platform is trusted by leading health systems in Baltimore and the greater northeastern region.

That earlier visibility gives surgical teams more time to identify and resolve potential issues before a procedure. At a leading U.S. academic medical center, VenSero expanded visibility into upcoming surgical cases from approximately seven days to as much as four weeks, giving surgeons, perioperative leaders and sterile processing teams greater lead time to coordinate vendor representatives, equipment and instrumentation. This helps teams address potential gaps earlier, improve surgical planning and reduce disruptions caused by missing or delayed vendor support.

Together, Green Security and VenSero connect two parts of surgical vendor operations that have traditionally been managed separately. Green Security verifies that vendor representatives are credentialed and authorized to enter the facility, while VenSero coordinates their participation in upcoming cases, along with the loaner equipment and instrumentation those procedures require. This gives hospitals greater visibility from vendor authorization through case readiness while allowing them to retain control over scheduling and access.

“For more than 15 years, we’ve worked side by side with perioperative teams to solve the daily operational challenges that can delay surgeries,” said Mark Stickler, founder and president of VenSero. “Joining forces with Green Security allows us to build on that work while connecting vendor coordination with the credentialing and operational workflows hospitals already rely on every day. Together, we’re helping healthcare organizations prepare for surgery with greater confidence and fewer surprises.”

VenSero will continue supporting existing customers while Green Security integrates the platform into its broader VendorOps strategy. The combined platform will give Green Security the foundation to bring credentialing, vendor access, surgical scheduling and equipment readiness into a more unified view, while expanding the operational data available to health systems as they manage surgical vendor activity.

Additional resources:

Hear from Green Security’s CEO on why he’s excited about this newsExplore additional insights on the Green Security blogFollow Green Security on LinkedIn

About Green Security

Green Security is the leading provider of secure solutions for healthcare vendor operations. Trusted by over 1,500 hospitals, our platform simplifies credentialing, compliance, and value analysis, helping organizations manage vendor access and product trust with confidence. From onboarding and credentialing to real-time monitoring and secure onsite presence, Green Security reduces risk, streamlines operations, and supports patient safety through advanced analytics and smart access technologies. Learn more at gogreensecurity.com.

Media Contact

Jennifer Usher, PR for Green Security, 1 4154120181, jennifer@usherconsultancy.com

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