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Virtual Private Server Industry 2020: Insights, Size, Share, Trends, Outlook, and Opportunity Analysis, 2020–2024

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 Overview

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

Segments

  • By Component, the global VPS market has been divided into servers and operating system. The server segment has been categorized as VPS solid state drives (SSD), VPS cloud RAM, and cloud VPS. The cloud VPS segment expected to have the highest market share and is projected to register the highest CAGR during the forecast period. The market growth is attributed to the rising adoption of cloud-based solutions as they provide the scalability in managing the database. The operating system segment has further been categorized into Windows, Linux, and others. The Windows segment is expected to be leading the market whereas the Linux segment is projected to be the fastest growing segment during the forecast period. The growth of the Linux operating segment is attributed to its convenience of installation and easy accessibility of the tools.
  • Based On Service Type, the VPS market has been segmented into fully managed and self managed services. The fully managed services segment is expected to account for the larger market share in 2018, whereas the self -managed service segment is expected to exhibit the higher CAGR during the forecast period owing to the ease of accessibility in the deployment of customization tools and secured environment offered by the self-managed services.
  • Based On Organization Size, the VPS market has been segmented into large enterprises and small and medium-sized enterprises (SME). The large enterprises segment accounted for the larger market in 2018 whereas the SMEs are expected to register a high CAGR. The market growth for large enterprises is attributed to monetary capabilities to adopt the cloud-based VPS solutions to gain better visibility in operating the hosting services. However, the small enterprises are likely to exhibit the fastest growth rate during the forecast period. The market growth is attributed to the increase in adoption of web hosting solution that reduces the additional financial constraints on the infrastructure expenses.
  • By Vertical, the global VPS Market has been divided into banking, financial services and insurance (BFSI), healthcare and life sciences, telecom and IT, government and defense, retail and e-commerce, energy and utilities, and others. The retail and e-commerce vertical segment accounted for the largest market share in 2018; it is expected to dominate the market during the forecast period, owing to the growth of e-commerce platforms such as Amazon.com, Flipkart, and Alibaba. Whereas, the telecom and IT segment is expected to register the highest CAGR during the assessment period.

Key Players:

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).

Regional Analysis

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

Continued…

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About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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