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Virtual Private Cloud Market

Global Virtual Private Cloud Market Size, Share, Forecast: By Component: Software, Services; By Organization Size: Small and Medium-Sized Enterprises, Large Enterprises; By Vertical: Banking, Financial Services, and Insurance, IT and Telecom, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

Global Virtual Private Cloud Market Outlook

The global virtual private cloud market attained a value of around USD 55.24 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of more than 22.6% to reach USD 346.93 billion by 2032.  

 

Global Virtual Private Cloud Market

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Further flexibility, efficiency, lower time, and cost are expected to stimulate the demand for virtual private cloud products worldwide. The market is primarily being driven by the product’s cost-effectiveness.

 

Market Segmentation

A virtual private cloud enables a compliant and isolated environment that is an ideal alternative for companies to expand their on-site cloud infrastructure. It offers a safe atmosphere for mission-critical business applications because the virtual private cloud can easily address the demands of the most demanding applications at no additional cost. For applications like backup, disaster recovery, and a dev-test environment, a virtual private cloud can be deployed. Virtual private cloud is suitable for companies that are looking for high levels of security, privacy, and control, like healthcare and regulatory compliance financial institutions.

 

Global Virtual Private Cloud Market By Vertical

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On the basis of the component, the market can be divided into software and services.

Services can be further divided into:

  • Training and Consulting
  • Integration and Deployment
  • Support and Maintenance
  • Managed Services

The organisation size can be divided into:

  • Small and Medium-Sized Enterprises 
  • Large Enterprises

The market can be broadly categorised based on its industry verticals into:

  • Banking, Financial Services, and Insurance 
  • IT and Telecom 
  • Government and Defence 
  • Healthcare 
  • Media and Entertainment 
  • Retail 
  • Manufacturing

The EMR report looks into the regional markets of virtual private cloud like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Virtual Private Cloud Market By Region

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Market Analysis

The rising volume of data and connectivity trends in enterprises has driven efficient storage and management and improved time-to-market, which will accelerate the virtual private cloud market growth in large companies. In addition, the rising demand for workers to access mobile applications and resources is increasing the complexity for businesses to store, maintain, and concentrate their data centres on their core business activities.

It is estimated that the BFSI sector is increasing at a significant CAGR over the forecast period as mobile payment services and other online transactions are increasing in real-time. Virtual private cloud services also help companies operating within the sector to further focus on the customer-centric model by creating a multi-channel relationship with customers at every stage of their services. BFSI companies quickly take digitalization initiatives to meet growing customer expectations and to sustain themselves in the highly competitive market. They operate with high data volumes that must be collected, processed, and replicated, which regularly contribute to data storage, recovery, and safety issues. Virtual private cloud systems are out-of-the-box solutions that offer private cloud advantages in a public cloud environment that provides safe intranet connectivity and data storage. Compatibility problems with legacy systems can, however, might limit the growth of the virtual private cloud industry. 

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global virtual private cloud market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Google LLC
  • Microsoft Corporation
  • Alibaba Cloud International 
  • Amazon Web Services, Inc.
  • Huawei Software Technologies Co., Ltd. 
  • Rackspace Technology, Inc. 
  • Atos SE
  • OVH Groupe SAS
  • Others 

The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Component
  • Organization Size
  • Vertical
  • Region
Breakup by Component
  • Software
  • Services
Breakup by Organization Size
  • Small and Medium-Sized Enterprises
  • Large Enterprises
Breakup by Vertical
  • Banking, Financial Services, and Insurance
  • IT and Telecom
  • Government and Defence
  • Healthcare
  • Media and Entertainment
  • Retail
  • Manufacturing
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Google LLC
  • Microsoft Corporation
  • Alibaba Cloud International 
  • Amazon Web Services, Inc.
  • Huawei Software Technologies Co., Ltd. 
  • Rackspace Technology, Inc. 
  • Atos SE
  • OVH Groupe SAS
  • Others 
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Virtual Private Cloud Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Virtual Private Cloud Historical Market (2018-2023) 
    8.3    Global Virtual Private Cloud Market Forecast (2024-2032)
    8.4    Global Virtual Private Cloud Market by Component
        8.4.1    Software
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Services
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
            8.4.2.3    Breakup by Type
                8.4.2.3.1    Training and Consulting
                8.4.2.3.2    Integration and Deployment
                8.4.2.3.3    Support and Maintenance
                8.4.2.3.4    Managed Services
    8.5    Global Virtual Private Cloud Market by Organization Size
        8.5.1    Small and Medium-Sized Enterprises 
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Large Enterprises
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Virtual Private Cloud Market by Vertical
        8.6.1    Banking, Financial Services, and Insurance
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    IT and Telecom 
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Government and Defence
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Healthcare 
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Media and Entertainment
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
        8.6.6    Retail 
            8.6.6.1    Historical Trend (2018-2023)
            8.6.6.2    Forecast Trend (2024-2032)
        8.6.7    Manufacturing
            8.6.7.1    Historical Trend (2018-2023)
            8.6.7.2    Forecast Trend (2024-2032)
    8.7    Global Virtual Private Cloud Market by Region       
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032) 
9    North America Virtual Private Cloud Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Virtual  Private  Cloud Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Virtual Private Cloud Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Virtual Private Cloud Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Virtual Private Cloud Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Google LLC 
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Microsoft Corporation
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Alibaba Cloud International 
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Amazon Web Services, Inc. 
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Huawei Software Technologies Co., Ltd. 
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Rackspace Technology, Inc. 
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Atos SE 
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    OVH Groupe SAS
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
        16.2.9    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Virtual Private Cloud Market: Key Industry Highlights, 2018 and 2032
2.    Global Virtual Private Cloud Historical Market: Breakup by Component (USD Million), 2018-2023
3.    Global Virtual Private Cloud Market Forecast: Breakup by Component (USD Million), 2024-2032
4.    Global Virtual Private Cloud Historical Market: Breakup by Organization Size (USD Million), 2018-2023
5.    Global Virtual Private Cloud Market Forecast: Breakup by Organization Size (USD Million), 2024-2032
6.    Global Virtual Private Cloud Historical Market: Breakup by Vertical (USD Million), 2018-2023
7.    Global Virtual Private Cloud Market Forecast: Breakup by Vertical (USD Million), 2024-2032
8.    Global Virtual Private Cloud Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Virtual Private Cloud Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Virtual Private Cloud Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Virtual Private Cloud Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Virtual Private Cloud Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Virtual Private Cloud Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Virtual Private Cloud Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Virtual Private Cloud Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Virtual Private Cloud Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Virtual Private Cloud Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Virtual Private Cloud Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Virtual Private Cloud Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Global Virtual Private Cloud Market Structure

Key Questions Answered in the Report

In 2023, the global virtual private cloud market attained a value of nearly USD 55.24 billion.

The market is projected to grow at a CAGR of 22.6% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2020-2025 to reach about USD 346.93 billion by 2032.

The major drivers of the market such as product’s cost-effectiveness, rising volume of data and connectivity trends in enterprises, and increasing demand for workers to access mobile applications and resources are expected to aid the market growth.

The key trends guiding the growth of the virtual private cloud market include the increase in mobile payment services and other online transactions, real-time support, and surging adoption by BFSI end users. 

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading components of virtual private cloud in the market are software and services.

The major organization size segments of virtual private cloud in the market are small and medium-sized and large enterprises.

The major organisation sizes in the market for virtual private cloud are small and medium-sized enterprises and large enterprises.

The major players in the market are Google LLC, Microsoft Corporation, Alibaba Cloud International, Amazon Web Services, Inc., Huawei Software Technologies Co., Ltd., Rackspace Technology, Inc., Atos SE, and OVH Groupe SAS, among others.

Analyst Review

The global virtual private cloud market attained a value of USD 55.24 billion in 2023, driven by the rising digitisation. Aided by the rising applications in the BFSI sector, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 22.6%. The virtual private cloud market is projected to reach USD 346.93 billion by 2032.  

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on component, the industry can be segmented into software and services. On the basis of organization size, the market is bifurcated into small and medium-sized and large enterprises. By vertical, the industry is divided into banking, financial services, and insurance, IT and telecom, government and defence, healthcare, media and entertainment, retail, and manufacturing. The major regional markets for virtual private cloud are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Google, Microsoft, Alibaba, AWS, OVH, Huawei, Rackspace, and CenturyLink, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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