Virtual Private Cloud Market Research Report- Forecast till 2027
Market Highlights
The increased availability of public cloud infrastructure by providers
is expected to increase the implementation of virtual private cloud. The
escalated implementation of virtual private clouds in small and medium
enterprises and large enterprises is expected to strengthen the growth of the
market in the forecast period. Furthermore, factors such as inexpensive
disaster recovery solutions and uncomplicated installation are expected to
further provide opportunities for growth in the virtual private cloud market.
The growing need to operate in an isolated section of the cloud
infrastructures globally is expected to spur the demand for virtual private
cloud. Market reports linked to information and communication technology
industry have been offered by Market Research Future which makes reports on
other industry verticals that aims to study the current market scenarios
better. The market is projected to accomplish revenues worth USD 50 Billion
while expanding at a CAGR of 26% in the duration of the forecast period.
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Industry Updates:
Feb 2019 Westpac is establishing a virtual private cloud on Microsoft
Azure, which will become an infrastructure option in its hybrid
platform-as-a-service or HPaaS. The HPaaS is in due course anticipated to host
between 60 and 70 percent of workloads on any private or public cloud, with the
remnants to stay hosted on-premises. Clients will also soon be presented with a
second infrastructure choice, in the type of the Azure-based virtual private
cloud.
Feb 2019 Equifax is implementing a common data fabric built on Google
Cloud Platform's virtual private cloud environment; moving customer-supporting
services and applications to a cloud native, public cloud environment; and
moving corporate applications to SaaS services and the public cloud.
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Virtual
Private Cloud Market, By Delivery Model (Software, Platform, Infrastructure),
By Organization Size (SMBs, SMEs, Large Enterprises) and By Vertical (BFSI,
Manufacturing, IT & Telecommunication, Healthcare and Government) -
Forecast 2027
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