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Sunday, July 18, 2021

Global Virtual Private Cloud Market to be Driven by the Cost Effectiveness of the Product in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘Global Virtual Private Cloud Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2021-2026’, gives an in-depth analysis of the Global Virtual Private Cloud Market, assessing the market based on its services, organization-size, industry-verticals, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view the report summary@

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 30 Billion
  • Forecast CAGR (2021-2026): 5%
  • Forecast Market Size (2026): USD 102 Billion

The growth in the global virtual private cloud market is induced by the rising demand for easy-to-implement and low-cost disaster recovery methods, as well as the growing popularity of VPC among small and medium-sized businesses. Furthermore, the growing popularity of IoT will open up new opportunities in the virtual private cloud market. Efficiency, flexibility, reduced time, and lower costs are expected to drive global demand for virtual private cloud products. The cost-effectiveness of the product is primarily driving the market. However, in some countries, poor internet infrastructure may stymie the development of the virtual private cloud industry.

Industry Definition and Major Segments

A virtual private cloud provides a secure and isolated environment that is an excellent choice for businesses looking to expand their on-premises cloud infrastructure. It can be used for applications such as disaster recovery, backup, and development testing. Healthcare and regulatory compliance financial institutions, for example, are good candidates for virtual private cloud because they require high levels of security, privacy, and control.

Based on component, the market is divided into:

  • Software
  • Services
    • Training and Consulting
    • Integration and Deployment
    • Support and Maintenance
    • Managed Services

Based on organisation size, the industry is segmented into:

  • Small and Medium-Sized Enterprises
  • Large Enterprises

Based on industry verticals, the market can be categorised as:

  • Banking, Financial Services, and Insurance
  • IT and Telecom
  • Government and Defence
  • Healthcare
  • Media and Entertainment
  • Retail
  • Manufacturing

On the basis of region, the market is divided into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

The increasing volume of data and connectivity trends in enterprises have resulted in more efficient storage and management, as well as faster time-to-market, which will accelerate the growth of the virtual private cloud market in large corporations. Furthermore, the growing demand for workers to access mobile applications and resources complicates businesses’ ability to store, maintain, and focus their data centres on core business activities.

The BFSI sector is expected to grow at a substantial CAGR during the forecast period, as mobile payment services and other digital transactions increase in real-time. Virtual private cloud services also assist companies in the sector in focusing even more on the customer-centric model by establishing a multi-channel communication with consumers at every stage of their services.

Explore the full report with the table of contents@

Key Market Players

The major players in the market are Google (NASDAQ: GOOGL), Microsoft, Alibaba, AWS, OVH, Huawei, Rackspace, CenturyLink, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

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About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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Media Contact

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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