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Virtual Private Cloud (VPC) Market Growth, Size, Analysis, Outlook by Trends, Opportunities and Forecast to 2030

09-21-2022 10:00 AM CET | IT, New Media & Software

Press release from: We Market Research

Virtual Private Cloud (VPC) Market

Virtual Private Cloud (VPC) Market

It is estimated for the global virtual private cloud (VPC) market to witness growth at a massive CAGR of 20.1% during the forecast period of 2022 to 2030.

The market witnessed healthy growth even during the previous forecast period of 2018 to 2021. Rising demand for VPC in BFSI coupled with the increasing demand for a more agile and secure cloud solution are the factors that are driving the growth of the market during the forecast period.

VPC provides several users with the provision of an isolated, private section of cloud infrastructure. It is a private network within the public cloud infrastructure. Also, it is virtually partitioned from the larger cloud, typically through a firewall and VLAN, rather than completely physically separated.
VPC gives enterprise data centres the ability to mimic their on-premises environment by creating a secure, dedicated section of a public cloud service for running virtual machines and other resources.

It is often seen as a bridge between traditional network security models and more flexible but less secure app development in the multi-cloud era.
To efficiently tackle service requests, such as end-user issues and technical issues the role of VPC becomes immensely important. Thus, the factor is driving the growth of the market during the forecast period.

Key Market Trends
Owing to seamless scalability, flexibility, pay-as-you-go payment model, reduced operational costs, and customized offerings as per business requirements it is estimated for Small and Medium-sized Enterprises to grow at the highest rate during the forecast period.

The rising purchasing power of customers and the need to satisfy customer expectations leading to existing customer retention and new customer acquisition are the factors that are boosting the growth of the market during the forecast period.
Apart from this, online retailing and cloud technologies have significantly disrupted the retail vertical leading to the adoption of cloud computing mainly for storage, backup, and security services. This factor is also estimated to drive the growth of the market during the forecast period.

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Segmental Analysis of the Market
By Type
• Software
• Platform
• Infrastructure
• Others
It is estimated for the software category to drive the growth of the market during the forecast period.

By Application
• BFSI
• Manufacturing
• Healthcare
• Media & Entertainment
• Others
It is estimated for the BFSI category to drive the growth of the market during the forecast period.
Asia Pacific region to drive the growth of the market during the forecast period.

Owing to the fact that major countries have contributed significantly towards IT spending which will continue over the next five years or so it is estimated for the Asia Pacific region to drive the growth of the market during the forecast period. The Middle East & Africa region is expected to witness the highest CAGR in terms of revenue and is estimated to grow at a significant rate during the forecast period.

Competitive Landscape
Some of the prominent companies operating in the market are
• Google (US)
• Microsoft (US)
• Alibaba (China)
• AWS (US)
• OVH (France)
• Huawei (China)
• Rackspace (US)
• CenturyLink (US)
• DXC (US)
• Atos (France)

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Frequently Asked Questions
• What is the growth rate of the global virtual private cloud (VPC) market?
• What are the primary growth determinants of the market?
• Which are the major regions constituting the geographical landscape of the market?
• Which are the prominent companies operating in the market?

Contact Us:
We Market Research
Phone: +1(650)-666-4592
Email: sales@wemarketresearch.com
Web: https://wemarketresearch.com/

About We Market Research:
WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. WE MARKET RESEARCH is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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