September 4 2020
Market Research Future published a research report on “Virtual Private Server Industry Research Report — Global Forecast till 2024” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2024.
Market Research Future (MRFR) estimates that the global Virtual Private Server Industry value in 2017 was USD 2.525 million and this value can surge at USD 7,181.3 million by 2024. The market also holds the potential to achieve a strong growth rate of 15.4% during the forecast period (2017-2024).
Primary Drivers and Key Barriers
Given the intense cut-throat competition at present, business entities have jumped on the bandwagon of digitization. With the aim of becoming more competitive, large enterprises, as well as small & medium enterprises, are making considerable investments in IT infrastructure. All types of enterprises are actively present on the Internet and boast of an expansive enterprise network connection. Today’s organizations, businesses, and even individuals are in need of an IT infrastructure as well as web-based applications that can help promote their products and services, in addition to interacting with customers. The business entities are opting for dedicated servers, instead of shared and public servers.
The Virtual Private Server Industry notes solid growth in the face of increasing network security and privacy concerns coupled with the surging vulnerabilities in signaling systems. Moreover, rising traction of digitization across various verticals has also led the virtual private server market to greater heights in recent years.
Hike in cyber threats as well as cyber-attacks in data centers around the world has spiked the demand for VPS, which acts in favor of the market. This is due to the VPS server’s ability to provide a host of sandbox security features. Also, the high adoption of cloud computing has given a significant push to the deployment of VPS severs, given its virtualization ability to replicate the similarity of performance and security of VPS services. This is expected to be a prime growth-inducing factor in the market growth in the following years.
Get More Details of Report @ https://www.abnewswire.com/pressreleases/virtual-private-server-vps-market-2020-global-analysis-by-size-share-top-leaders-development-strategy-segmentation-opportunity-assessment-and-regional-forecast-to-2024_494665.html
Some of the key players in the Virtual Private Server Industry include DreamHost (US), InMotion Hosting (US), TekTonic (US), GoDaddy (US), Endurance International Group (US), OVH Group (France), DigitalOcean (US), Plesk (Switzerland), Rackspace (US), A2 Hosting (US), Amazon Web Services (US), United Internet (UK),Liquid Web (US), Linode (US), and Vultr (US).
By region, the global VPS market has been segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. North America accounted for the largest market in 2018 owing to the presence of tech giants in the US. Moreover, Asia-Pacific is expected to be the fastest-growing VPS Market over the next few years. The market growth is attibuted to the high investments by vendors in emerging economies such as China and India, as the enterprises and SMEs across industry verticals are now adopting VPS services. Also, the VPS services offer numerous advantages over traditional and physical servers that allows SMEs and startups to adopt VPS services across Asia-Pacific.
Get Complete Report @ https://www.marketresearchfuture.com/reports/virtual-private-server-market-7753
TABLE OF CONTENTS
LIST OF TABLES
Table 1 Global Virtual Private Server (VPS) Market, By Region, 2019–2024
Table 2 North America: Virtual Private Server (VPS) Market, By Country, 2018–2024
Table 3 Europe: Virtual Private Server (VPS) Market, By Country, 2018–2024
Table 4 Asia-Pacific: Virtual Private Server (VPS) Market, By Country, 2018–2024
Table 5 Middle East & Africa: Virtual Private Server (VPS) Market, By Country, 2018–2024
Table 6 South America: Virtual Private Server (VPS) Market, By Country, 2018–2024
Table 7 Global Virtual Private Server (VPS) Service Type Market, By Region, 2019–2024
Table 8 North America: Virtual Private Server (VPS) Service Type Market, By Country, 2018–2024
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