How Big is the Global Virtual Private Server Market?
The global virtual private server market size reached US$ 4.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.0 Billion by 2028, exhibiting a growth rate (CAGR) of 13.8% during 2023-2028.
What is Virtual Private Server?
A virtual private server (VPS) is a virtualized server created by partitioning a physical server into multiple isolated virtual servers. It operates independently with its own dedicated resources, including central processing unit (CPU), random access memory (RAM), and storage. It provides users with more control and customization options compared to shared hosting, making it suitable for websites and applications that require better performance and security. VPS hosting offers a cost-effective solution for businesses and individuals looking for a balance between affordability and server control. It also enables businesses to host servers in multiple locations, improving global reach and user experience. As it delivers robust technical support, ensuring assistance in case of issues or inquiries, the demand for VPS is rising worldwide.
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Global Virtual Private Server Market Trends and Drivers:
The increasing demand for VPS hosting, as it allows businesses to scale their resources needed without the high costs associated with dedicated servers, represents one of the key factors supporting the growth of the market. In addition, the growing demand for faster website loading times and responsive applications is positively influencing the market. VPS offers dedicated resources, resulting in improved performance compared to shared hosting. Moreover, as cybersecurity threats are evolving, businesses seek more secure hosting options. VPS hosting provides better security through isolated environments, attracting organizations concerned about data protection. Besides this, the rise of web applications and the need for a development-friendly environment is contributing to the VPS market growth. With the expansion of online retail, e-commerce websites require reliable hosting with the ability to handle high traffic volumes, which is catalyzing the demand for VPS hosting. Additionally, VPS hosting allows businesses to deploy servers in multiple geographic locations, improving website loading speeds for users worldwide, which is impelling the growth of the market. Furthermore, users have full control over their VPS environment, allowing them to install software, configure settings, and adapt to specific needs.
Global Virtual Private Server Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are:
Amazon Web Services Inc. (Amazon.com Inc.),
International Business Machines Corporation,
Liquid Web LLC,
Plesk International GmbH,
Rackspace Technology Inc.
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The report segmented the market on the basis of region, type, operating system, organization size and industry vertical.
Breakup by Type:
Breakup by Operating System:
Breakup by Organization Size:
Small and Medium-sized Enterprises
Breakup by Industry Vertical:
IT and Telecommunication
Breakup By Regions:
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
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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This release was published on openPR.