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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