The new report by Expert Market Research titled, ‘Global Virtual Private Cloud Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2021-2026’, gives an in-depth analysis of the Global Virtual Private Cloud Market, assessing the market based on its services, organization-size, industry-verticals, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 30 Billion
- Forecast CAGR (2021-2026): 5%
- Forecast Market Size (2026): USD 102 Billion
The growth in the global virtual private cloud market is induced by the rising demand for easy-to-implement and low-cost disaster recovery methods, as well as the growing popularity of VPC among small and medium-sized businesses. Furthermore, the growing popularity of IoT will open up new opportunities in the virtual private cloud market. Efficiency, flexibility, reduced time, and lower costs are expected to drive global demand for virtual private cloud products. The cost-effectiveness of the product is primarily driving the market. However, in some countries, poor internet infrastructure may stymie the development of the virtual private cloud industry.
Industry Definition and Major Segments
A virtual private cloud provides a secure and isolated environment that is an excellent choice for businesses looking to expand their on-premises cloud infrastructure. It can be used for applications such as disaster recovery, backup, and development testing. Healthcare and regulatory compliance financial institutions, for example, are good candidates for virtual private cloud because they require high levels of security, privacy, and control.
Based on component, the market is divided into:
- Software
- Services
- Training and Consulting
- Integration and Deployment
- Support and Maintenance
- Managed Services
Based on organisation size, the industry is segmented into:
- Small and Medium-Sized Enterprises
- Large Enterprises
Based on industry verticals, the market can be categorised as:
- Banking, Financial Services, and Insurance
- IT and Telecom
- Government and Defence
- Healthcare
- Media and Entertainment
- Retail
- Manufacturing
On the basis of region, the market is divided into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
The increasing volume of data and connectivity trends in enterprises have resulted in more efficient storage and management, as well as faster time-to-market, which will accelerate the growth of the virtual private cloud market in large corporations. Furthermore, the growing demand for workers to access mobile applications and resources complicates businesses’ ability to store, maintain, and focus their data centres on core business activities.
The BFSI sector is expected to grow at a substantial CAGR during the forecast period, as mobile payment services and other digital transactions increase in real-time. Virtual private cloud services also assist companies in the sector in focusing even more on the customer-centric model by establishing a multi-channel communication with consumers at every stage of their services.
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Key Market Players
The major players in the market are Google (NASDAQ: GOOGL), Microsoft, Alibaba, AWS, OVH, Huawei, Rackspace, CenturyLink, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
Reports and Data has added a new report titled Global Cloud Virtual Private Network (VPN) Market to its ever-expanding repository, which aims to offers valuable insights into the Cloud Virtual Private Network (VPN) industry with regards to the market share, market size, market valuation, and regional bifurcation for the vertical.
The report is fabricated with thorough primary and secondary research and is updated with the latest and emerging market trends to offer the readers opportunities to capitalize on the current market environment.
For a thorough analysis, the market has been segmented based on types and applications along with an extensive regional segmentation.The research report on the Global Cloud Virtual Private Network (VPN) Market further provides an extensive analysis of the factors influencing the growth of the market.
The report further discusses the present and future impact of the COVID-19 pandemic on the overall growth of the market.Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1141Competitive Landscape:The study provides an in-depth analysis of the key competitors and their business strategies.
The top leading companies dominating the market covered in this report are Array Networks (US), Cisco Systems (US), Huawei (China), Microsoft (US), Virtela (US), Google (US), NCP engineering (Germany), Singtel (Singapore), Robustel (China), Oracle (US), Contemporary Controls (US), Cohesive Networks (US), and others..
The report also provides strategic recommendations to new and emerging players to help them formulate better entry and investment strategies.Furthermore, the market is segmented on the basis of types and applications, along with projections about the key segments anticipated to dominate the industry in the coming years.
Reports and Data have recently added a new research study on the Global Cloud Virtual Private Network (VPN) Market to its extensive database.
The report provides a comprehensive analysis of the current and emerging trends, key challenges, growth potential, drivers, competitive landscape, and industrial chain analysis of the global Cloud Virtual Private Network (VPN) industry.
It also discusses in detail about the market size, market share, market growth, revenue contribution, revenue growth, and overall growth of the Cloud Virtual Private Network (VPN) market.
The report covers an exhaustive analysis of manufacturing processes, development policies, plans, product portfolio, and cost analysis.
The data is represented in the form of tables, charts, graphs, diagrams, figures, and other pictorial representation.Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1141The report is formulated with data obtained through extensive primary and secondary research and is further verified and validated by industry experts and professionals of the profiled companies.
Moreover the report also includes macroeconomic factors and regulatory policies pertaining to the Cloud Virtual Private Network (VPN) industry for evaluation and predictive analysis.The report includes an in-depth analysis of the competitive landscape along with company overview, production and manufacturing capacity, business expansion plans, financial standing, and global position.
