The global virtual private cloud market attained a value of around USD 30 billion in 2019. The market is further expected to grow in the forecast period of 2020-2025 at a CAGR of more than 22.5% to reach USD around 102 billion by 2025. 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.
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Properties and Applications
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.
On the basis of the component, the market can be divided into software and services.
Services can be further divided into:
The organisation size can be divided into:
The market can be broadly categorised based on its industry verticals into:
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.
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.
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:
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 Questions Answered in the Market Report:
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Virtual Private Cloud Market Analysis
6.1 Figure: Global Virtual Private Cloud Historical Market (2015-2019) & Forecast (2020-2025)
6.2 Chart: Global Virtual Private Cloud Market Breakup by Component
184.108.40.206 Training and Consulting
220.127.116.11 Integration and Deployment
18.104.22.168 Support and Maintenance
22.214.171.124 Managed Services
6.3 Figure: Global Virtual Private Cloud Market Breakup by Component: Historical Market (2015-2019) & Forecast (2020-2025)
126.96.36.199 Training and Consulting
188.8.131.52 Integration and Deployment
184.108.40.206 Support and Maintenance
6.4 Chart: Global Virtual Private Cloud Market Breakup by Organization Size
6.4.1 Small and Medium-Sized Enterprises
6.4.2 Large Enterprises
6.5 Figure: Global Virtual Private Cloud Market Breakup by Organization Size: Historical Market (2015-2019) & Forecast (2020-2025)
6.5.1 Small and Medium-Sized Enterprises
6.5.2 Large Enterprises
6.6 Chart: Global Virtual Private Cloud Market Breakup by Vertical
6.6.1 Banking, Financial Services, and Insurance
6.6.2 IT and Telecom
6.6.3 Government and Defence
6.6.5 Media and Entertainment
6.7 Figure: Global Virtual Private Cloud Market Breakup by Vertical: Historical Market (2015-2019) & Forecast (2020-2025)
6.7.1 Banking, Financial Services, and Insurance
6.7.2 IT and Telecom
6.7.3 Government and Defence
6.7.5 Media and Entertainment
6.8 Chart: Global Virtual Private Cloud Market Breakup by Region
6.8.1 North America
220.127.116.11 United States of America
18.104.22.168 United Kingdom
6.8.3 Asia Pacific
6.8.4 Latin America
6.8.5 Middle East & Africa
22.214.171.124 Saudi Arabia
126.96.36.199 United Arab Emirates
188.8.131.52 South Africa
6.9 Figure: Global Virtual Private Cloud Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
6.9.1 North America
184.108.40.206 United States of America
220.127.116.11 United Kingdom
6.9.3 Asia Pacific
6.9.4 Latin America
6.9.5 Middle East & Africa
18.104.22.168 Saudi Arabia
22.214.171.124 United Arab Emirates
126.96.36.199 South Africa
7 SWOT Analysis
8 Porter’s Five Forces Analysis
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
9 EMR’s Key Indicators for Demand
10 EMR’s Key Indicators for Price
11 Competitive Landscape & Supplier Analysis
11.1 Google (NASDAQ: GOOGL)
11.1.1 Company Overview
11.1.2 Financial Analysis
11.2 Microsoft (NASDAQ: MSFT)
11.2.1 Company Overview
11.2.2 Financial Analysis
11.3.1 Company Overview
11.3.2 Financial Analysis
11.4.1 Company Overview
11.4.2 Financial Analysis
11.5.1 Company Overview
11.5.2 Financial Analysis
11.6.1 Company Overview
11.6.2 Financial Analysis
11.7.1 Company Overview
11.7.2 Financial Analysis
11.8 CenturyLink (NYSE: CTL)
11.8.1 Company Overview
11.8.2 Financial Analysis
12 Events and Developments
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