Virtual Private Server Market Growth, Size | Trends, Forecast 2022-27
Market Overview 2022-2027:
According to the global virtual private server market report by IMARC Group, the 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 CAGR of 14.30% during 2022-2027.
Industry Definition and Application:
Virtual private servers (VPS) refer to a hosting solution relying on virtualization technology to create dedicated resources on a server with various users. It is more stable and reliable as compared to shared hosting. Virtual private servers offer better privacy and root access to the server, high reliability and assistance in the upgradation of server resources. Due to this, it is utilized substantially in healthcare, hospitality, e-commerce, transportation, banking and telecommunication, financial services and insurance (BFSI) sectors across the globe.
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Market Trends:
One of the primary factors driving the market is the rising usage of VPS in data centers to reduce heating, issues concerning the accessibility of servers and power consumption. Besides this, the increasing need for a cost-efficient VPS and greater customizations and the stability provided by the server to the organizations to gain control over the networks is another major factor strengthening the market growth.
Besides this, the integration of artificial intelligence (AI), machine learning (ML) and containers in VPS, and the growing adoption of cloud-based services among organizations are escalating the demand for VPS systems.
Moreover, the increasing number of cyber-attacks and data breaches, the rising awareness about the benefits of VPS and the growing utilization of VPS by medium and small enterprises to modify several business processes and improve business outcomes are some of the other major growth-inducing factors.
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Key Market Segmentation:
The report has been segmented the market into following categories:
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 Geography:
- 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
Competitive Landscape with Key Player:
- A2 Hosting
- Amazon Web Services Inc. (Amazon.com Inc.)
- DigitalOcean LLC
- DreamHost LLC
- GoDaddy Inc.
- InMotion Hosting
- International Business Machines Corporation
- Liquid Web LLC
- OVH Groupe
- Plesk International GmbH
- Rackspace Technology Inc.
- TekTonic.
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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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