virtual private cloud (VPC) market was valued at USD 13.70 billion in 2021 and is expected to reach USD 76.58 billion by 2029, registering a CAGR of 24.00% during the forecast period of 2022-2029.
A new comprehensive research Study is added in Data Bridge Market research’s database of 350 pages, titled as “Virtual Private Cloud (VPC) Market”. All the data and information, especially numerical data, involved in this market report has been represented very well in the form of graphs, charts or tables for the better understanding of users. This report serves the clients to tackle every strategic aspect including product development, exploring niche growth opportunities, product specification, application modelling, and new geographical markets. Few more data models employed for the research methodology are merchant positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, thorough analysis and vendor share analysis. A team of skilled analysts, statisticians, research experts, enthusiastic forecasters, and economists work painstakingly to structure such a great market research report for the businesses seeking a potential growth. We create Strategic reports with the help of very loyal sources such as journals, newspapers, company websites and annual reports of the companies have been referred to collect the data which can be relied upon confidently. This Virtual Private Cloud (VPC) report also gives explanation about strategic profiling of key players in the market, systematic analysis of their core competencies, and provides a competitive landscape for the market.
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Key Players Mentioned in the Virtual Private Cloud (VPC) Market Research Report:
Amazon Web Services, Inc. (U.S.), IBM (U.S.), Microsoft (U.S.), Cisco Systems Inc., (U.S.), Siemens (Germany), ANSYS, Inc (U.S.), SAP SE (Germany), Robert Bosch GmbH (Germany), NetApp (U.S.), Atos SE (U.S.), Fujitsu (Japan), Oracle (U.S.), Google Inc., (U.S.), Atos SE (France), Hewlett Packard Enterprise Development LP (U.S.), Dell Inc., (U.S.) and RACKSPACE TECHNOLOGY (U.S.).
Recent Developments
In February 2021, Dell Technologies launched a new private cloud service via Project Apex. With the help of its recently released private cloud platform, Dell Technologies Cloud Platform (DTCP) hopes to give its clients the ability to scale up or down their IT infrastructures. This private cloud service, made available via the company's flagship Cloud Console, gives users a scalable approach to create their own clouds without having to set up an additional layer of the VMware Cloud Foundation (VCF) software stack.
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Virtual Private Cloud (VPC) Market Dynamics
Drivers
Escalating Usage across BFSI Sector
The banking business is becoming more and more important on a scale due to growing client concerns in this vertical. Customers benefit from the convenience of cloud computing by having transactions simplified anytime, anywhere, which saves them time and effort. Cloud computing services also assist BFSI suppliers in concentrating more on the customer-centric approach by establishing a multi-channel contact with clients at every stage of service provision. The popularity of cloud computing services is growing as a result of these considerations. To fulfil increased customer demands and maintain the fiercely competitive market, the BFSI sector is implementing digitalization efforts quickly. Large amounts of data must be processed, stored, and repeatedly duplicated in BFSI organizations, which further boosts the adoption of the virtual private cloud (VPC).
Increasing Adoption across Various Verticals
The various essential advantages such as seamless scalability, flexibility, pay-as-you-go billing, lower operational expenses, and tailored offers based on business requirements encourage various end-use industries to adopt virtual private cloud (VPC) solutions. The virtual private cloud (VPC) solutions are increasingly been adopted across verticals such as the IT and the telecommunication, BFSI, manufacturing, healthcare, government and media and entertainment.
Furthermore, factors such as rising purchasing power of customers, easy installation process of virtual private cloud, and the need for secure IT modernization will accelerate the overall market expansion during the forecast period. Additionally, the increased cost savings is anticipated to drive the growth rate of the virtual private cloud (VPC) market. The requirement to satisfy customer expectations resulting in existing customer retention and new customer acquisition will further positively impact the market's growth rate during the forecast period.
Opportunities
Increasing Investors and Surging Developmental Activities
The increasing investors from the telecom sector and BFSI is estimated to generate lucrative opportunities for the market, which will further expand the virtual private cloud (VPC) market's growth rate in the future. Moreover, the surging developmental activities and numerous innovations further offer numerous growth opportunities within the market.
Virtual Private Cloud (VPC) Market Regional Analysis:
North America: (United States, Canada, Europe, Germany, France, U.K., Italy, Russia)
Asia-Pacific: (China, Japan, South Korea, Australia, Taiwan, Indonesia, Thailand, Malaysia)
Latin America: (Mexico, Brazil, Argentina, Colombia)
Middle East & Africa: (Turkey, Saudi Arabia, UAE)
Based on the Virtual Private Cloud (VPC) industry Market Segmentations:
Component
Software
Service
Training and Consulting
Integration and Deployment
Support and Maintenance
Managed Services
Organization Size
Small and Medium-Sized Enterprises,
Large Enterprises
Vertical
Banking
Financial Services
Insurance
IT and Telecom
Government
Defense
Healthcare
Media
Entertainment
Retail
Manufacturing
Others
Delivery Model
Software as a service (SaaS)
Platform as a service (Paas)
Infrastructure as a service (IaaS)
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Table of Contents
Report Overview: It includes major players of the Virtual Private Cloud (VPC) market covered in the research study, research scope, and Market segments by type, market segments by application, years considered for the research study, and objectives of the report.
Growth Trends: This section focuses on industry trends where market drivers and top market trends are shed light upon. It also provides growth rates of key producers operating in the Virtual Private Cloud (VPC) market. Furthermore, it offers production and capacity analysis where marketing pricing trends, capacity, production, and production value of the Virtual Private Cloud (VPC) market are discussed.
Market Share by Manufacturers: Here, the report provides details about revenue by manufacturers, production and capacity by manufacturers, price by manufacturers, expansion plans, mergers and acquisitions, and products, market entry dates, distribution, and market areas of key manufacturers.
Market Size by Type: This section concentrates on product type segments where production value market share, price, and production market share by product type are discussed.
Market Size by Application: Besides an overview of the Virtual Private Cloud (VPC) market by application, it gives a study on the consumption in the Virtual Private Cloud (VPC) market by application.
Production by Region: Here, the production value growth rate, production growth rate, import and export, and key players of each regional market are provided.
Consumption by Region: This section provides information on the consumption in each regional market studied in the report. The consumption is discussed on the basis of country, application, and product type.
Company Profiles: Almost all leading players of the Virtual Private Cloud (VPC) market are profiled in this section. The analysts have provided information about their recent developments in the Virtual Private Cloud (VPC) market, products, revenue, production, business, and company.
Market Forecast by Production: The production and production value forecasts included in this section are for the Virtual Private Cloud (VPC) market as well as for key regional markets.
Market Forecast by Consumption: The consumption and consumption value forecasts included in this section are for the Virtual Private Cloud (VPC) market as well as for key regional markets.
Value Chain and Sales Analysis: It deeply analyzes customers, distributors, sales channels, and value chain of the Virtual Private Cloud (VPC) market.
Key Findings: This section gives a quick look at important findings of the research study.
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