Virtual Private Cloud Market: By Delivery Mode, By Organization Size, Small Medium Businesses and Large Enterprises), By End User and Geography
Virtual Private Cloud Market size was valued at US$ 39.6 billion in 2023 and is poised to grow at a significant CAGR of 23.2% from 2024-2030. Some of the key factors fueling the market growth include growing need for providing enhanced customer experience, increasing automation and agility practice across industries, rising demand of employees to access computing applications, growing need for low-cost disaster recovery solution and focus on reducing OPEX and CAPEX. However, lack of experts and compatibility issues with legacy systems are the factors hindering the market growth. Global market is surging owing to expansion of their production facilities for virtual private cloud to meet the demands of the customers in the market. For Instance, in 2018, Microsoft invested a substantial amount of US$ 14.7 billion toward R&D. The company aims to deliver innovative solutions and improved performance to enterprises.
Study Period
2024-2030Base Year
2023CAGR
23.2%Largest Market
Asia PacificFastest Growing Market
North America
Cloud has proved to be a fast and powerful means for companies to transform customer experiences, modernize their IT infrastructure, and cost efficiently implement business and customer facing applications and services. Today more and more businesses are using virtual contact centers to improve their customer’s experience. More than any other technology, virtual technology (VR) has the capability to basically change how customer experience is defined. Providing customers with new experiences of a product or service, VR can immerse consumers to help brands enhance their customer experience. VR can capture the attention and imagination of a consumer better than any other technology as it is designed to provide a sensory experience. As a result, more and more businesses today are using VR today to make the most of its uniqueness.
Asia Pacific accounted for larger revenue share in global virtual private cloud market with a CAGR of 23.2% and is expected to grow over the forecast years. The growth in this region is due to rapid advancements in emerging technologies and improved IT infrastructure services. India and China are the major contributors for the growth of the market in the region. North America held substantial market share during estimated period owing to increasing budget allocation for cloud services, growing acceptance of digital business strategies and existence of numerous players offering VPC organizations.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 39.6 billion |
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Market CAGR |
23.2% |
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By Delivery Mode |
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By Organization Size |
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By End User |
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By Region |
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The Virtual private cloud market size was valued at US$ 39.6 billion in 2023 and is poised to grow at a significant CAGR of 23.2% from 2024-2030
The Virtual private cloud market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The Virtual private cloud market key players are Google, Microsoft, Alibaba, AWS, OVH, Huawei, Rackspace, CenturyLink, DXC, Atos
| 1.Executive Summary |
| 2.Global Virtual Private Cloud Market Introduction |
| 2.1.Global Virtual Private Cloud Market - Taxonomy |
| 2.2.Global Virtual Private Cloud Market - Definitions |
| 2.2.1.Delivery Mode |
| 2.2.2.Organization Size |
| 2.2.3.End User |
| 2.2.4.Region |
| 3.Global Virtual Private Cloud Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Virtual Private Cloud Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Virtual Private Cloud Market By Delivery Mode, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Software |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Platform |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Infrastructure |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Others |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6.Global Virtual Private Cloud Market By Organization Size, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Small Medium Enterprises (SMEs) |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Small Medium Businesses (SMBs) |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Large Enterprises |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7.Global Virtual Private Cloud Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. BFSI |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Manufacturing |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Healthcare |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Media & Entertainment |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. IT & Telecommunication |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Government |
| 7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 7.7. Others |
| 7.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.7.3. Market Opportunity Analysis |
| 8.Global Virtual Private Cloud Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Virtual Private Cloud Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Delivery Mode Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Software |
| 9.1.2.Platform |
| 9.1.3.Infrastructure |
| 9.1.4.Others |
| 9.2. Organization Size Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Small Medium Enterprises (SMEs) |
| 9.2.2.Small Medium Businesses (SMBs) |
| 9.2.3.Large Enterprises |
| 9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.BFSI |
| 9.3.2.Manufacturing |
| 9.3.3.Healthcare |
| 9.3.4.Media & Entertainment |
| 9.3.5.IT & Telecommunication |
| 9.3.6.Government |
| 9.3.7.Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Virtual Private Cloud Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Delivery Mode Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Software |
| 10.1.2.Platform |
| 10.1.3.Infrastructure |
| 10.1.4.Others |
| 10.2. Organization Size Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Small Medium Enterprises (SMEs) |
| 10.2.2.Small Medium Businesses (SMBs) |
| 10.2.3.Large Enterprises |
| 10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.BFSI |
| 10.3.2.Manufacturing |
| 10.3.3.Healthcare |
| 10.3.4.Media & Entertainment |
| 10.3.5.IT & Telecommunication |
| 10.3.6.Government |
| 10.3.7.Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11.Asia Pacific (APAC) Virtual Private Cloud Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Delivery Mode Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Software |
| 11.1.2.Platform |
| 11.1.3.Infrastructure |
| 11.1.4.Others |
| 11.2. Organization Size Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Small Medium Enterprises (SMEs) |
| 11.2.2.Small Medium Businesses (SMBs) |
| 11.2.3.Large Enterprises |
| 11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.BFSI |
| 11.3.2.Manufacturing |
| 11.3.3.Healthcare |
| 11.3.4.Media & Entertainment |
| 11.3.5.IT & Telecommunication |
| 11.3.6.Government |
| 11.3.7.Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Virtual Private Cloud Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Delivery Mode Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Software |
| 12.1.2.Platform |
| 12.1.3.Infrastructure |
| 12.1.4.Others |
| 12.2. Organization Size Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Small Medium Enterprises (SMEs) |
| 12.2.2.Small Medium Businesses (SMBs) |
| 12.2.3.Large Enterprises |
| 12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.BFSI |
| 12.3.2.Manufacturing |
| 12.3.3.Healthcare |
| 12.3.4.Media & Entertainment |
| 12.3.5.IT & Telecommunication |
| 12.3.6.Government |
| 12.3.7.Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Virtual Private Cloud Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Delivery Mode Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Software |
| 13.1.2.Platform |
| 13.1.3.Infrastructure |
| 13.1.4.Others |
| 13.2. Organization Size Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Small Medium Enterprises (SMEs) |
| 13.2.2.Small Medium Businesses (SMBs) |
| 13.2.3.Large Enterprises |
| 13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.BFSI |
| 13.3.2.Manufacturing |
| 13.3.3.Healthcare |
| 13.3.4.Media & Entertainment |
| 13.3.5.IT & Telecommunication |
| 13.3.6.Government |
| 13.3.7.Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Google |
| 14.2.2.Microsoft |
| 14.2.3.Alibaba |
| 14.2.4.AWS |
| 14.2.5.OVH |
| 14.2.6.Huawei |
| 14.2.7.Rackspace |
| 14.2.8.CenturyLink |
| 14.2.9.DXC |
| 14.2.10.Atos |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of experience in the field of market research. Sravani is adept at creating competitive evaluations, precise market estimations, and market projections, emphasizing the food and beverage and information and communication technology (ICT) industries. Her areas of competence are identifying important players, projecting market trends, and assessing the potential for industry growth. She applies a strong analytical approach to provide precise market estimates and thorough industry analysis, empowering organizations to make data-driven decisions. Sravani's estimating and forecasting abilities are essential for businesses to take advantage of new opportunities and effectively manage dynamic market environments.
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