openPR Logo
Press release

Virtual Private Cloud Market Projected to reach $58.9 billion by 2024 | Key players include Google, Microsoft, Alibaba and Accenture

06-24-2019 08:02 AM CET | IT, New Media & Software

Press release from: MarketsandMarkets

Virtual Private Cloud Market Projected to reach $58.9 billion

According to recent research "Virtual Private Cloud Market by Component (Software and Services), Service (Training and Consulting, Integration and Deployment, Support and Maintenance, and Managed Services), Organization Size, Vertical, and Region - Global Forecast to 2024", is expected to grow from USD 20.9 billion in 2019 to USD 58.9 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 23.0% during the forecast period. Increased flexibility and performance, and reduced time and cost are expected to spur the demand for VPC offerings across the globe.

Browse 52 market data Tables and 34 Figures spread through 103 Pages and in-depth TOC on "Virtual Private Cloud Market”
https://www.marketsandmarkets.com/Market-Reports/virtual-private-cloud-market-116061704.html?utm_source=Openpr

Managed services help organizations increase efficiency, reduce the deployment time, and saves costs
Managed services providers deliver third-party infrastructure services that help organizations manage billing processes for their products and services. Managed services are focused on service quality and end-user experience while delivering speed and cost optimization. As the end users adopt the VPC environment, managed services ensure and manage the additional operational challenges.

Need to store and manage data securely, improve scalability, and avoid redundancy and duplication of data to drive the adoption of VPC among large enterprises
The growing connectivity of bandwidths and mobility trends can be seen more among large enterprises, due to the presence of a huge workforce. Moreover, the increasing demand for employees to access computing resources and applications from anywhere and at any time has made it complex for enterprises to store their data properly, maintain and manage their data centers, and focus on their core business operations.

Speak to our Research Expert @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=116061704&utm_source=Openpr

North America to dominate the global VPC market in 2019
North America is estimated to hold the largest market size in the global VPC market in 2018, and the trend is expected to continue during the forecast period. The region is a mature market, due to the large presence of several players offering VPC. Organizations shifting toward the adoption of emerging technologies and the increasing adoption of digital business strategies are the major factors for the adoption of VPC offerings in North America. The US and Canada are the top countries contributing to the growth of VPC market in North America.

The report also studies various growth strategies, such as mergers and acquisitions, partnerships and collaborations, and developments, adopted by the major players to expand their presence in the global VPC market. Major vendors in the global VPC market include AWS (US), Microsoft (US), Google (US), Alibaba (China), OVH (France), Huawei (China), Rackspace (US), CenturyLink (US), DXC (US), Atos (France).

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: newsletter@marketsandmarkets.com

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Virtual Private Cloud Market Projected to reach $58.9 billion by 2024 | Key players include Google, Microsoft, Alibaba and Accenture here

News-ID: 1785080 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for VPC

Innovative Cloud Technology Breakthrough: Nakul and Dhruv Barai Launch VPC-IP Se …
In a significant advancement in cloud technology solutions, a pioneering firm has announced the release of the VPC-IP Search Network Appliance, a groundbreaking product developed by father-and-son duo Nakul and Dhruv Barai. This marks a notable first in the industry where such a collaborative effort has yielded a tool designed to address intricate Virtual Private Cloud (VPC) IP issues within the AWS Cloud Network. The VPC-IP Search Appliance [https://aws.amazon.com/marketplace/pp/prodview-suib6nfr4llwa] stands out
Global Virtual Private Cloud (VPC) Market Business Segmentation by Revenue, Pres …
The global Virtual Private Cloud (VPC) market was valued at USD 38.34 billion in 2022 and expected to grow at a CAGR of 15.3% during the forecast period. A Virtual Private Cloud (VPC) is a private and secure cloud environment created within a public cloud provider's infrastructure. It allows businesses to use cloud computing services within a virtual network that is isolated from other users of the public cloud. In a
Virtual Private Cloud (VPC) Tool Market Size, Share, Opportunities & Trends Anal …
The Virtual Private Cloud (VPC) Tool market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge
Virtual Private Cloud (VPC) Market Planning Structure - Research 2021-2027 | Res …
Virtual private cloud (VPC) services utilize shared computing resources to create a virtualized private cloud within a larger public cloud network. Companies use these services to abstract networks from public cloud environments without purchasing or managing their own private cloud infrastructure. VPCs are highly elastic and typically charge by the hour, providing companies with greater control over their spending and resource allocation. The isolated environment created through VPC configuration also
Virtual Private Cloud (VPC) Software Market is Booming Worldwide with AWS, IBM, …
Global Virtual Private Cloud (VPC) Software Market Size, Status and Forecast 2019-2025 is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Virtual Private Cloud (VPC) Software Market. Some of the key players profiled in the
Virtual Private Cloud (VPC) Market Revenue, Industry Growing Demand, Top Compani …
A significant rise in the adoption of cloud-based services is the major factor supporting to drive the growth of the global virtual private cloud market. Rising adoption of the cloud platform is attributed to the faster deployment of new capabilities. Large storage space is required by the commercial data that varies in small & medium-sized enterprises (SMEs) and large enterprises. With the increasing amount of data generated through IoT, many