What is Virtual Private Cloud Market?
A virtual private cloud is the on-demand configurable pool of shared computing resources which are allocated within a public cloud environment. It provides a certain level of isolation between the different organisations using the resources. Also, Isolation between one VPC user and all other users of the same cloud is achieved through the allocation of a private IP subnet and a virtual communication construct per user. Further, a virtual private cloud is most commonly used in the context of cloud infrastructure as a service. The infrastructure provider, providing the underlying public cloud infrastructure, and the provider realising the VPC service over this infrastructure, may all be the different vendors.
The market study is being classified and major geographies with country level break-up.
Google (United States), Microsoft (United States), Alibaba (China), AWS (United States), OVH (France), Huawei (China), Rackspace (United States), CenturyLink (United States), DXC (United States) and Atos (France) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Virtual Private Cloud market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Virtual Private Cloud market by Type, Application and Region.
On the basis of geography, the market of Virtual Private Cloud has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Need for IT Modernisation
- Increased Security is Fuelling the Market Growth
Market Trend
- Increasing Automation and Agility Practice in Industries
Restraints
- Security Concerns May Hamper the Market Growth
Opportunities
- Deployments in Disaster Recovery Applications
- Need for Secure Cloud Environments to Increase Significantly
Challenges
- Compatibility Issues with Legacy Systems may Hamper the Market
Key Target Audience
private cloud providers, Government associations, Research organisations, software vendors and Others