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Virtual Private Server Market Size 2022-2027 | Industry Growth, Share and Trends Analysis

IMARC Group has recently released a new research study titled “: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
How big is the virtual private server industry?
The global virtual private server market reached a value of US$ 3.43 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 7.98 Billion by 2027, exhibiting a growth rate (CAGR) of 14.30% during 2022-2027.
Industry Definition and Application:
A virtual private server (VPS) is a hosting service that uses virtualization technology to offer dedicated resources on a server with numerous users. It is more reliable and secure than shared hosting, which works without a dedicated server space. It provides several benefits, including high stability, better privacy, root access to the server, and assistance with server resource upgrades. As a result, VPS finds extensive applications in the banking, financial services and insurance (BFSI), transportation, healthcare, hospitality, e-commerce, and telecommunication sectors across the globe.
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Year considered to estimate the market size:
Base year of the analysis: 2021
Historical period: 2016-2021
Forecast period: 2022-2027
Impact of COVID-19:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
What are the major market drivers in the virtual private server market?
One of the primary factors driving the market is the rising usage of VPS in data centers to reduce heating, issues concerning the accessibility The global virtual private server market is primarily driven by the rising product utilization in data centers to reduce heating, issues with accessibility of servers, and power consumption. Moreover, there has been a surge in demand for cost-efficient VPS and greater customizations. In line with this, the scalability offered by the server to organizations to help them control networks is positively influencing the market growth.
Besides this, the rising prevalence of data breaches and cyberattacks that steal confidential information from companies is another major growth-inducing factor. Additionally, there has been a rise in the integration of machine learning (ML), artificial intelligence (AI), and containers in VPS. Along with this, the surging adoption of cloud-based services across numerous industries has catalyzed market growth. Other factors, including business expansions by global vendors, rising awareness about the benefits of VPS, and continual technological advancements, are also anticipated to create a favorable market outlook.
List of Major Key Players:
A2 Hosting, DreamHost LLC, GoDaddy Inc., InMotion Hosting, International Business Machines Corporation, Amazon Web Services Inc. (Amazon.com Inc.), DigitalOcean LLC, Liquid Web LLC, OVH Groupe, Plesk International GmbH, Rackspace Technology Inc. and TekTonic.
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Key Market Segmentation:
The report has segmented the market on the basis of region, type, operating system, organization size and industry vertical.
Breakup by Type:
· Managed VPS
· Unmanaged VPS
Breakup by Operating System:
· Windows
· Linux
Breakup by Organization Size:
· Large Enterprises
· Small and Medium-sized Enterprises
Breakup by Industry Vertical:
· BFSI
· Retail
· IT and Telecommunication
· Manufacturing
· Healthcare
· Others
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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