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Global Virtual Private Server Market is Expected to Reach USD 8.3 Billion by 2026| Top Players such as - Liquid Web, OVH, Rackspace US and United Internet AG

02-23-2023 08:20 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Global Virtual Private Server Market is Expected to Reach USD 8.3

According to the report published by Allied Market Research, The Global Virtual Private Server Market is Expected to Reach USD 8.3 Billion by 2026| Top Players such as - Liquid Web, OVH, Rackspace US and United Internet AG. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions.

Rise in security concerns among enterprises, improved customization, scalability, and downtime, surge in adoption of cloud-based services among enterprises, and reduction in overall hardware requirement in the data center infrastructure drive the growth of the virtual private server market. On the other hand, limited physical resource & bandwidth availability, and limited efficiency compared to dedicated hosting curtail down the growth to some extent. However, integration of Machine learning and AI with VPS is expected to create an array of opportunities for the frontrunners in the industry.

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Based on operating system, the linux segment accounted for more than three-fifths of the global virtual private server market revenue in 2018 and is anticipated to maintain its top status during the study period. Less cost associated with Ubuntu Linux hosting and enhanced in-built security solutions are the major factors fueling the growth. The same segment is also projected to register the fastest CAGR of 16.7% throughout the estimated period.

Based on type, the managed VPS segment contributed to more than four-fifths of the global virtual private server market share in 2018 and is expected to retain its dominance throughout 2019-2026. The increasing demand for website monitoring and set-up among majority of organizations has boosted the growth. The same segment would also cite the fastest CAGR of 16.5% by 2026.

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Based on geography, North America held the major share in 2018, garnering more than half of the global virtual private server market. This is due to the presence of majority of market players and well-developed manufacturing industries in the region. At the same time, the region across Asia-Pacific would showcase the fastest CAGR of 18.9% by the end of 2026. This is attributed to the growth in government support for virtualized data centers in emerging countries such as China and India.

Some of the key virtual private server industry players profiled in the report include Amazon Web Services Inc., DreamHost LLC, Endurance International Group, GoDaddy Operating Company LLC, IBM, InMotion Hosting, Liquid Web, OVH, Rackspace US Inc., and United Internet AG.

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Key Findings of the Virtual Private Server Market:

● Depending on type, the managed VPS segment dominated the overall virtual private server market in 2018, and is expected to generate highest revenue during the forecast period. The growth of this segment is majorly attributed to increase in the demand for managed VPS systems by majority of enterprises to save time on handling technical issues.

● In terms of industry vertical, the BFSI segment generated the highest in 2018, and is expected to dominate throughout the forecast period. Increase in need to streamline the banking processes and manage strict budgets along with the server costs are the major factors fueling the growth of this segment.

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

Access the full summary at: https://www.alliedmarketresearch.com/virtual-private-server-market

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

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