Virtual Private Server Market to Reach US$ 9.0 Billion According to the latest report, the global virtual private server market reached a value of US$ 4.0 Billion in 2022. Looking forward, the market value is expected to reach US$ 9.0 Billion by 2028, exhibiting a CAGR of 13.8% during 2023-2028.
A virtual private server (VPS) is a multi-tenant cloud hosting service that is leveraging virtualization technology to provide dedicated resources on a server with multiple users. It is comprising an autonomous operating system, a file transfer protocol program, web server software, and a mail server program. VPS is offering several advantages, including enhanced reliability, efficiency, and dedicated resources, improved performance, affordability, accessibility, control, scalability, and security. Compared to shared hosting, VPS is proving to be stable and secure and is offering more room for growth with fewer limitations.
Global Virtual Private Server Market Trends:
The escalating number of cyber threats and cyber-attacks on data centers worldwide is painting a positive picture for the market. VPS, as an independent and virtualized environment, shields data from these incidents by offering a dedicated server for software, files, and operating systems. Additionally, the burgeoning digitization and pervasive adoption of cloud-based services among organizations are further propelling market growth. Moreover, the integration of machine learning (ML) and artificial intelligence (AI) with VPS to monitor server performance, enable load balancing solutions, and provide control over the disk in virtual private servers by leveraging historical data is giving the market a boost. Furthermore, the widespread utilization of VPS in data centers to reduce heating, address server accessibility issues, and lower power consumption is positively influencing market growth. Additionally, the implementation of various government initiatives aimed at digitalizing administrative and industrial infrastructure is serving as another growth-inducing factor. Moreover, the increasing demand for cost-efficient VPS and greater customization, extensive research and development (R&D) activities, and widespread adoption of the solution by small and medium-sized enterprises to enhance business outcomes are supporting market growth.
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Market Summary:
- On the basis of the type, the market has been bifurcated into managed and unmanaged VPS.
- Based on the operating system, the market has been divided into windows and linux.
- On the basis of the organization size, the market has been classified into large, and small and medium-sized enterprises.
- Based on the industry vertical, the market has been divided into BFSI, retail, IT and telecommunication, manufacturing, healthcare, and others.
- On a regional basis, the market has been categorized into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and Others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and Others) Latin America (Brazil, Mexico and Others), and Middle East and Africa.
- The competitive landscape of the industry has also been examined, with some of the key players being 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. and TekTonic.