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Global Virtual Private Cloud Market: By Component: Software, Services; By Organization Size: Small and Medium-Sized Enterprises, Large Enterprises; By Vertical; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
Global Virtual Private Cloud Market Outlook
The global virtual private cloud market attained a value of around USD 45.02 billion in 2022. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of more than 22.7% to reach USD 153.06 billion by 2028.
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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.
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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.
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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 (NASDAQ: GOOGL)
- Microsoft
- Alibaba
- AWS
- OVH
- Huawei
- Rackspace
- CenturyLink
- 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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Google (NASDAQ: GOOGL), Microsoft (NASDAQ: MSFT), Alibaba, AWS, OVH, Huawei, Rackspace, CenturyLink (NYSE: CTL), 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 Industry Opportunities and Challenges
8 Global Virtual Private Cloud Market Analysis
8.1 Key Industry Highlights
8.2 Global Virtual Private Cloud Historical Market (2018-2022)
8.3 Global Virtual Private Cloud Market Forecast (2023-2028)
8.4 Global Virtual Private Cloud Market by Component
8.4.1 Software
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Services
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.2.4 Breakup by Type
8.4.2.4.1 Training and Consulting
8.4.2.4.2 Integration and Deployment
8.4.2.4.3 Support and Maintenance
8.4.2.4.4 Managed Services
8.5 Global Virtual Private Cloud Market by Organization Size
8.5.1 Small and Medium-Sized Enterprises
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Large Enterprises
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global Virtual Private Cloud Market by Vertical
8.6.1 Banking, Financial Services, and Insurance
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 IT and Telecom
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Government and Defence
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Healthcare
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Media and Entertainment
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
8.6.6 Retail
8.6.6.1 Market Share
8.6.6.2 Historical Trend (2018-2022)
8.6.6.3 Forecast Trend (2023-2028)
8.6.7 Manufacturing
8.6.7.1 Market Share
8.6.7.2 Historical Trend (2018-2022)
8.6.7.3 Forecast Trend (2023-2028)
8.7 Global Virtual Private Cloud Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Virtual Private Cloud Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Virtual Private Cloud Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Virtual Private Cloud Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Virtual Private Cloud Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Virtual Private Cloud Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
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, 2017 and 2021
2. Global Virtual Private Cloud Historical Market: Breakup by Component (USD Million), 2018-2022
3. Global Virtual Private Cloud Market Forecast: Breakup by Component (USD Million), 2023-2028
4. Global Virtual Private Cloud Historical Market: Breakup by Organization Size (USD Million), 2018-2022
5. Global Virtual Private Cloud Market Forecast: Breakup by Organization Size (USD Million), 2023-2028
6. Global Virtual Private Cloud Historical Market: Breakup by Vertical (USD Million), 2018-2022
7. Global Virtual Private Cloud Market Forecast: Breakup by Vertical (USD Million), 2023-2028
8. Global Virtual Private Cloud Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Virtual Private Cloud Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Virtual Private Cloud Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Virtual Private Cloud Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Virtual Private Cloud Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Virtual Private Cloud Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Virtual Private Cloud Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Virtual Private Cloud Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Virtual Private Cloud Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Virtual Private Cloud Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Virtual Private Cloud Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Virtual Private Cloud Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Virtual Private Cloud Market Structure
Key Questions Answered in the Report
In 2022, the global virtual private cloud market attained a value of nearly USD 45.02 billion.
The market is projected to grow at a CAGR of 22.7% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2020-2025 to reach about USD 153.06 billion by 2028.
The major drivers of the industry 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 market trend guiding the growth of the virtual private cloud market includes the rising BFSI sector as mobile payment services and other online transactions are increasing in real-time.
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 industry 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 significant verticals in the industry are banking, financial services, and insurance, IT and telecom, government and defence, healthcare, media and entertainment, retail, and manufacturing.
The major players in the industry are Google, Microsoft, Alibaba, AWS, OVH, Huawei, Rackspace, and CenturyLink, among others.
Analyst Review
The global virtual private cloud market attained a value of USD 45.02 billion in 2022, 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 2020-2025, growing at a CAGR of 22.7%. The virtual private cloud market is projected to reach USD 153.06 billion by 2028.
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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