Press release
Virtual Private Cloud market will reach at US$ 199.6 Billion in 2032, Amazon Web Services, HP, IBM, Microsoft, Google, VMware, Oracle, Cisco Systems, Red Hat, NetApp
The virtual private cloud market share is predicted to grow from US$ 39.23 Billion in 2022 to US$ 199.6 Billion in 2032. Previously, the demand for virtual private cloud was thriving at a higher CAGR of 24.3% resulting in a market size of US$ 31.6 Billion in 2021. Virtual Private Cloud (VPC) is a cloud computing model through which a private cloud solution is delivered within the infrastructure of public cloud provider's for private use. The boosting demand of easy installation and low cost disaster recovery solutions, as well as increasing popularity of VPC among maximum small and medium enterprises, are the drivers propelling growth of VPC market in the forecast period. However, poor infrastructure of internet in some countries may hamper the growth of virtual private cloud market. Moreover, rising growth of IoT will create new opportunities in the market of virtual private cloudKey Players Mentioned in the Virtual Private Cloud Market Research Report: Amazon Web Services, HP, IBM, Microsoft, Google, VMware, Oracle, Cisco Systems, Red Hat, NetApp
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What are the Trends in the Virtual Private Cloud Market?
The virtual private cloud market has grown as the demand for security, IT modernization, agility, automation of manual processes, and rising cost reductions has increased. On the contrary, a scarcity of professionals is limiting virtual private cloud market expansion.
Governments have been heavily investing in digitizing their operations in order to boost productivity and save costs through effective management methods, resulting in the widespread adoption of virtual private clouds among businesses. Furthermore, fast-evolving digitization business models such as "as a service" have considerably aided product innovation and development among virtual private cloud providers worldwide.
Virtual Private Cloud Market
Software, Platform, Infrastructure, Others.
Application as below
BFSI, Manufacturing, Healthcare, Media & Entertainment, IT & Telecommunication, Government, Others
The global market for Virtual Private Cloud is segmented on the basis of product, type. All of these segments have been studied individually. The detailed investigation allows assessment of the factors influencing the Virtual Private Cloud Market. Experts have analyzed the nature of development, investments in research and development, changing consumption patterns, and growing number of applications. In addition, analysts have also evaluated the changing economics around the Virtual Private Cloud Market that are likely affect its course.
The regional analysis section of the report allows players to concentrate on high-growth regions and countries that could help them to expand their presence in the Virtual Private Cloud market. Apart from extending their footprint in the Virtual Private Cloud market, the regional analysis helps players to increase their sales while having a better understanding of customer behavior in specific regions and countries. The report provides CAGR, revenue, production, consumption, and other important statistics and figures related to the global as well as regional markets. It shows how different type, application, and regional segments are progressing in the Virtual Private Cloud market in terms of growth.
Virtual Private Cloud Market Report Scope
ESTIMATED YEAR 2022
BASE YEAR 2021
FORECAST YEAR 2029
HISTORICAL YEAR 2020
UNIT Value (USD Million/Billion)
The Virtual Private Cloud report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country and sub-region during the estimated period.
North America (USA and Canada)
Europe (UK, Germany, France and the rest of Europe)
Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
Latin America (Brazil, Mexico, and the rest of Latin America)
Middle East and Africa (GCC and rest of the Middle East and Africa)
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Key questions answered in the report:
Which are the five top players of the Virtual Private Cloud market?
How will the Virtual Private Cloud market change in the next five years?
Which product and application will take a lion's share of the Virtual Private Cloud market?
What are the drivers and restraints of the Virtual Private Cloud market?
Which regional market will show the highest growth?
What will be the CAGR and size of the Virtual Private Cloud market throughout the forecast period?
Note - To provide a more accurate market forecast, all our reports will be updated prior to delivery considering the impact of COVID-19.
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