Global Virtual Private Server Market Will Reach to USD 8.4 Billion By 2025: Zion Market Research
According to the report, the global virtual private server market was around USD 2.9 billion in 2018 and is expected to reach approximately USD 8.4 billion by 2025, at a CAGR of slightly above 16.6
Courtesy/News Source: globenewswire.com
New York, NY, June 17, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Virtual Private Server Market By Organization Size (Large Enterprises and Small and Medium-Sized Enterprises), By Operating System (Linux and Windows), and By Vertical (BFSI, Government, IT and Telecommunication, Manufacturing, Retail, Healthcare, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025’’. According to the report, the global virtual private server market was around USD 2.9 billion in 2018 and is expected to reach approximately USD 8.4 billion by 2025, at a CAGR of slightly above 16.6% between 2019 and 2025.
A virtual private server (VPS) or virtual dedicated server (VDS) is a service offered by an internet server host. It is basically a virtual machine that works on its own operating system and allows customers to have access to install any software or application that runs on their operating systems or devices. It works independently and automatically for other virtual spaces that are on existing machines. The demand for VPS has been rising over the last few years, owing to the growing need for these servers, which is driving the virtual private server market. Moreover, this VPS demand will continue to rise over the forecast period as well, owing to the launch of new applications for numerous work projects, which requires a virtual private server or virtual dedicated server (VDS) to operate.
Browse through 54 Tables & 27 Figures spread over 187 Pages and in-depth TOC on “Global Virtual Private Server Market Size & Share 2018: By Type, Industry Applications, Segments, Analysis and Forecast to 2025”.
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A virtual private server helps organizations in having better control over their servers in comparison to shared servers. Additionally, the increasing importance and demand for secure servers to safeguard enterprise data are also fuelling the global virtual private server market. However, improper allocation of resources and the lack of technical knowledge may negatively affect the growth of the global virtual private server market.
Based on organization size, the market is bifurcated into small and medium enterprises and large enterprises. The small and medium enterprises segment holds a significant market share, owing to the rising demand for secure servers by these enterprises and the increasing challenges faced by them regarding IT infrastructure. Furthermore, VPS is also gaining popularity among small and medium enterprises that are struggling with IT infrastructure by providing them stability over website traffic, improving performance by faster loading time, and offering dedicated disk space like RAM and CPU. On the basis of the operating system, the global virtual private server market is segmented into Linux and windows. The Linux operating system is likely to hold a substantial market share over the projected time period. By vertical, the global virtual private server market includes BFSI, government, IT and telecommunication, manufacturing, retail, healthcare, and others. The government segment is anticipated to grow notably, owing to the increasing cybercrimes globally.
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On the basis of region, North America is expected to hold a significant share of the global virtual private server market over the forecast time period. This regional growth can be attributed to the presence of technologically advanced countries like the U.S and Canada, such as AWS, Endurance International Group, GoDaddy, DigitalOcean, Rackspace, Liquid Web, A2 Hosting, Vultr, Linode, InMotion Hosting, DreamHost, and TekTonic, and the rising number of business mergers and acquisitions in the related market.
The European virtual private server market is driven by the increasing VPS demand to ensure data security to users and the growing rate of virtualization.
Browse the full “Virtual Private Server Market By Organization Size (Large Enterprises and Small and Medium-Sized Enterprises), By Operating System (Linux and Windows), and By Vertical (BFSI, Government, IT and Telecommunication, Manufacturing, Retail, Healthcare, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/virtual-private-server-market
The Asia Pacific region is expected to hold a substantial share of the global virtual private server market over the forecast time period, owing to the rapid digitalization witnessed in developing countries like China and India. Additionally, the Asia Pacific is expected to be the fastest growing region globally in the future, due to the growing regional adoption of virtual private servers in India, China, and Japan that are working on developing strong IT and communication infrastructure.
Latin American and the Middle Eastern and African regions are expected to witness moderate growth in the global virtual private server market over the projected time period. This can be attributed to the growing awareness and adoption of virtual private servers across the region, improving economic conditions, increasing demand for interconnected devices, and the rising risk of security breaches.
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Some major players of the global virtual private server market are United Internet, AWS, Endurance International, GoDaddy, DigitalOcean, OVH, Rackspace, Plesk, Liquid Web, A2 Hosting, Vultr, Linode, InMotion Hosting, DreamHost, and TekTonic.
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This report segments the global virtual private server market into:
Global Virtual Private Server Market: Organization Size Analysis
Small and Medium Enterprises
Global Virtual Private Server Market: Operating System Analysis
Global Virtual Private Server Market: Vertical Analysis
IT and Telecommunication
Global Virtual Private Server Market: Regional Analysis
The Middle East and Africa
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