Virtual Private Cloud Market: Size, Share, Trends, Current and Future Analysis
Increased flexibility and performance, and reduced time and cost are expected to spur the demand for VPC offerings across the globe.
Need to store and manage data securely, improve scalability, and avoid redundancy and duplication of data to drive the adoption of VPC among large enterprises
The growing connectivity of bandwidths and mobility trends can be seen more among large enterprises, due to the presence of a huge workforce. Moreover, the increasing demand for employees to access computing resources and applications from anywhere and at any time has made it complex for enterprises to store their data properly, maintain and manage their data centers, and focus on their core business operations.
North America to dominate the global VPC market in 2019
North America is estimated to hold the largest market size in the global VPC market in 2018, and the trend is expected to continue during the forecast period. The region is a mature market, due to the large presence of several players offering VPC. Organizations shifting toward the adoption of emerging technologies and the increasing adoption of digital business strategies are the major factors for the adoption of VPC offerings in North America. The US and Canada are the top countries contributing to the growth of VPC market in North America.