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Rackspace Is the Leader in the Hosted Private Cloud Market

Despite an Earnings Miss, Rackspace Posts 30% Profit Growth

Rackspace leads the hosted private cloud market

In the prior part of the series, we discussed Rackspace’s (RAX) position in Gartner’s Leaders Quadrant. According to 451 research, Rackspace leads the hosted private cloud space with a 20% market share. This market is a “highly fragmented market” where cloud providers with less than 3% of market share make up 52% of currently used vendors.

According to Forrester, hosted private cloud is an IaaS (infrastructure-as-a-service) “where the solution lives off-premises in a...