Virtual Private Cloud Market – Overview
The growing need to operate in an isolated section of the cloud infrastructures globally is expected to spur the demand for virtual private cloud. Virtual Private Cloud Market reports linked to information and communication technology industry have been offered by Market Research Future which makes reports on other industry verticals that aims to study the current market scenarios better. The Virtual Private Cloud Market is projected to accomplish revenues worth USD 95 Billion while expanding at a CAGR of 24% in the duration of the forecast period 2030.
The increased availability of public cloud infrastructure by providers is expected to increase the implementation of virtual private cloud. The escalated implementation of virtual private clouds in small and medium enterprises and large enterprises is expected to strengthen the growth of the market in the forecast period. Furthermore, factors such as inexpensive disaster recovery solutions and uncomplicated installation are expected to further provide opportunities for growth in the virtual private cloud market.
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Top Contenders
The eminent contenders in the virtual private cloud market globally are HP (U.S.), IBM Corporation (U.S.), Microsoft Corporation (U.S.), NetApp, Inc. (U.S.), Amazon Web Services (U.S.), VMware, Inc. (U.S.), Oracle (U.S.), Google, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Red Hat, Inc. (U.S.) among others.
Segmental Analysis
The segmental analysis of the virtual private cloud market is carried out on the basis of delivery model, organization size, region and vertical. The segmentation of the delivery model segment of the virtual private cloud market comprises of software delivery model, infrastructure delivery model, platform delivery model, and others. On the basis of organization size, the virtual private cloud market is segmented into small & medium businesses (SMBs), small medium enterprises (SMEs) and large enterprises. On the basis of vertical, the virtual private cloud market is segmented into manufacturing, BFSI, healthcare, media & entertainment, government, IT & telecommunication, and others. The regions counted in the virtual private cloud market are Asia Pacific, North America, Europe and Rest of the World.
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Regional Analysis
The regional analysis of virtual private cloud market includes regions such as Asia Pacific, North America, Europe and Rest of the World. It has been detected that the North American region is estimated to account for the largest share of the market followed by the European region, while the Asia Pacific region is expected to develop at the fastest rate throughout the forecast period. The foremost growth in virtual private cloud market observed in North America is attributed to the technical advancements and the presence of a well-established infrastructure in the region.
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