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Virtual Private Cloud Market by Component (Software and Services), Service (Training and Consulting, Integration and Deployment, Support and Maintenance, and Managed Services), Organization Size, Vertical, and Region - Global Forecast to 2024

Virtual Private Cloud Market by Component (Software and Services), Service (Training and Consulting, Integration and Deployment, Support and Maintenance, and Managed Services), Organization Size, Vertical, and Region - Global Forecast to 2024

Increasing security and agility across cloud to drive the Virtual Private Cloud market
The global Virtual Private Cloud (VPC) market size is expected to grow from USD 20.9 billion in 2019 to USD 58.9 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 23.0% during the forecast period. Increased security, automation and agility, the need for secure IT modernization, and increased cost savings are the major growth factors for the VPC market. However, compatibility issues with legacy systems may restrain the growth of the VPC market.

Support and Maintenance services to grow at the highest rate during the forecast period
Support services empower organizations to efficiently tackle service requests, such as end-user issues and technical issues. Support and maintenance form an integral part of VPC implementation. These services ensure uninterrupted operations of the VPC solutions and services deployed in organizations.

Small and Medium-sized Enterprises to grow at the highest rate during the forecast period
The benefits, such as seamless scalability, flexibility, pay-as-you-go payment model, reduced operational costs, and customized offerings as per business requirements are facilitating the adoption of VPC solution and services among Small and Medium-sized Enterprises (SME). SMEs face 3 critical challenges, namely, capital, skills, and scalability. To overcome these issues, SMEs adopt the pay-as-you-grow model, which offers the flexibility to manage the IT infrastructure as per their requirement.

Retail vertical to grow at the highest rate during the forecast period
Various factors driving this adoption are the rising purchasing power of customers and the need to satisfy customer expectations leading to the existing customer retention and new customer acquisition. Online retailing and cloud technologies have significantly disrupted the retail vertical leading to the adoption of cloud computing mainly for storage, backup, and security services. Cloud computing services enable retailers to access customer data with just one click from any store located anywhere leading to better customer service delivery. The VPC solution helps in renovating a business approach. Retailers are benefited with cost saving by implementing VPC. This sector experiences risk of information breaches of high profile data. VPC overcomes these security problems by creating security policies for the applications that are stored on it.

Asia Pacific (APAC) to grow at the highest rate during the forecast period
APAC is expected to offer significant growth opportunities for VPC vendors during the forecast period. Rapid advancements in emerging technologies, IT infrastructure services, and the Internet of Things (IoT) have led many organizations to adopt VPC services. Governments, especially those in emerging economies, are undertaking massive technology transformation programs (in digital citizen identity, banking, transportation and social welfare) to increase the penetration of public initiatives across multiple bodies.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with the key people. The breakup of the profiles of the primary participants as follows:
By Company Type: Tier I: 32%, Tier II: 49%, and Tier III: 19%
By Designation: C-Level: 33%, D-Level: 22%, and Others: 45%
By Region: North America: 40%, Europe: 20%, APAC: 35%, RoW*: 5%
*RoW includes Latin America and MEA

The report profiles the following key vendors:
1. Google (US)
2. Microsoft (US)
3. Alibaba (China)
4. AWS (US)
5. OVH (France)
6. Huawei (China)
7. Rackspace (US)
8. CenturyLink (US)
9. DXC (US)
10. Atos (France).

Research Coverage
The report segments the global VPC market by component, service, organization size, vertical, and region. The VPC market by component consists of software and services segments. On the basis of organization size, it comprises Small and Medium-sized Enterprises (SMEs) and large enterprises. Based on verticals, the VPC market report covers BFSI; IT and telecom; government and defense; healthcare; media and entertainment; retail; manufacturing; and other verticals. In terms of region, the report covers 5 major geographic regions: North America, Europe, APAC, MEA, and Latin America.
Key Benefits of Buying the Report

The report will help the market leaders/new entrants in the VPC market with information on the closest approximations of the revenue numbers for the overall VPC market and the subsegments. The report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKET SEGMENTATION
      • REGIONS COVERED
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY CONSIDERED
      • Table UNITED STATES DOLLAR EXCHANGE RATE, 2016-2018
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET BREAKUP AND DATA TRIANGULATION
    • MARKET SIZE ESTIMATION
      • TOP-DOWN AND BOTTOM-UP APPROACHES
    • MARKET FORECAST
      • Table FACTOR ANALYSIS
    • COMPETITIVE LEADERSHIP MAPPING RESEARCH METHODOLOGY
    • ASSUMPTIONS FOR THE STUDY
    • LIMITATIONS OF THE STUDY
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE GROWTH OPPORTUNITIES IN THE VIRTUAL PRIVATE CLOUD MARKET
    • VIRTUAL PRIVATE CLOUD MARKET, BY COMPONENT, 2019
    • VIRTUAL PRIVATE CLOUD MARKET: BY SERVICE, 2019
    • VIRTUAL PRIVATE CLOUD MARKET: BY VERTICAL, 2019
    • VIRTUAL PRIVATE CLOUD MARKET: MARKET INVESTMENT SCENARIO, 2019-2024
  • MARKET OVERVIEW AND INDUSTRY TRENDS
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • VIRTUAL PRIVATE CLOUD MARKET, BY COMPONENT
    • INTRODUCTION
      • Table VIRTUAL PRIVATE CLOUD MARKET SIZE, BY COMPONENT, 2017-2024 (USD MILLION)
    • SOFTWARE
      • VPC OFFERS THE SCALABILITY AND COST EFFECTIVENESS OF PUBLIC CLOUD AS WELL AS THE PRIVACY AND SECURITY OF PRIVATE CLOUD
        • Table SOFTWARE: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
    • SERVICES
      • Table SERVICES: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY TYPE, 2017-2024 (USD MILLION)
      • Table SERVICES: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
      • TRAINING AND CONSULTING
        • Table TRAINING AND CONSULTING MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
      • INTEGRATION AND DEPLOYMENT
        • Table INTEGRATION AND DEPLOYMENT MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
      • SUPPORT AND MAINTENANCE
        • Table SUPPORT AND MAINTENANCE MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
      • MANAGED SERVICES
        • Table MANAGED SERVICES MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
  • VIRTUAL PRIVATE CLOUD MARKET, BY ORGANIZATION SIZE
    • INTRODUCTION
      • Table VIRTUAL PRIVATE CLOUD MARKET SIZE, BY ORGANIZATION SIZE, 2017-2024 (USD MILLION)
    • SMALL AND MEDIUM-SIZED ENTERPRISES
      • SMALL AND MEDIUM-SIZED ENTERPRISES TO INCREASINGLY ADOPT VIRTUAL PRIVATE CLOUD SOLUTION OWING TO ITS SCALABILITY AND COST EFFICIENCY
        • Table SMALL AND MEDIUM-SIZED ENTERPRISES: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
    • LARGE ENTERPRISES
      • 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
        • Table LARGE ENTERPRISES: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
  • VIRTUAL PRIVATE CLOUD MARKET, BY VERTICAL
    • INTRODUCTION
      • Table VIRTUAL PRIVATE CLOUD MARKET SIZE, BY VERTICAL, 2017-2024 (USD MILLION)
    • BANKING, FINANCIAL SERVICES, AND INSURANCE
      • BANKING, FINANCIAL SERVICES, AND INSURANCE VERTICAL TO INCREASINGLY DEPLOY VIRTUAL PRIVATE CLOUD SOLUTION TO ENHANCE SECURITY OVER CLOUD DEPLOYMENTS
        • Table BANKING, FINANCIAL SERVICES, AND INSURANCE: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
    • IT AND TELECOM
      • VIRTUAL PRIVATE CLOUD ENABLES DYNAMIC RESOURCE ALLOCATION TO PROVIDE FLEXIBILITY, COST EFFICIENCY, AND ENHANCED CONTROL OVER THE CLOUD FOR IT AND TELECOM VERTICAL
        • Table IT AND TELECOM: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
    • GOVERNMENT AND DEFENSE
      • THE NEED TO ENSURE DATA SECURITY HAS PROPELLED THE ADOPTION OF VIRTUAL PRIVATE CLOUD SOLUTIONS BY GOVERNMENT AGENCIES
        • Table GOVERNMENT AND DEFENSE: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
    • HEALTHCARE
      • HEALTHCARE VERTICAL TO INCREASINGLY ADOPT VIRTUAL PRIVATE CLOUD TO ENHANCE DATA SECURITY AND DATA ACCESS
        • Table HEALTHCARE: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
    • MEDIA AND ENTERTAINMENT
      • NEED FOR MANAGING CONTENT OWNERSHIP, DIGITAL RIGHTS, MANAGING HUGE DATA SETS FUELING THE ADOPTION OF VIRTUAL PRIVATE CLOUD IN MEDIA AND ENTERTAINMENT VERTICAL
        • Table MEDIA AND ENTERTAINMENT: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
    • RETAIL
      • VIRTUAL PRIVATE CLOUD PROVIDES COST EFFECTIVENESS, ENHANCES PRODUCTIVITY, AND GIVES COMPETITIVE ADVANTAGE TO RETAILERS
        • Table RETAIL: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
    • MANUFACTURING
      • MANUFACTURING VERTICAL INCREASINGLY USING VIRTUAL PRIVATE CLOUD TO SECURELY DIGITALIZE THEIR OPERATIONS
        • Table MANUFACTURING: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
    • OTHERS
      • Table OTHERS: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
  • VIRTUAL PRIVATE CLOUD MARKET, BY REGION
    • INTRODUCTION
      • Table VIRTUAL PRIVATE CLOUD MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
    • NORTH AMERICA
      • GROWING ADOPTION OF PUBLIC CLOUD TO FUEL THE MARKET GROWTH IN NORTH AMERICA
        • Table NORTH AMERICA: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY COMPONENT, 2017-2024 (USD MILLION)
        • Table NORTH AMERICA: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY SERVICE, 2017-2024 (USD MILLION)
        • Table NORTH AMERICA: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY ORGANIZATION SIZE, 2017-2024 (USD MILLION)
        • Table NORTH AMERICA: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY VERTICAL, 2017-2024 (USD MILLION)
        • Table NORTH AMERICA: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
    • EUROPE
      • NEED OF REDUCING CAPEX AND OPEX TO FUEL THE MARKET GROWTH IN EUROPE
        • Table EUROPE: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY COMPONENT, 2017-2024 (USD MILLION)
        • Table EUROPE: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY SERVICE, 2017-2024 (USD MILLION)
        • Table EUROPE: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY ORGANIZATION SIZE, 2017-2024 (USD MILLION)
        • Table EUROPE: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY VERTICAL, 2017-2024 (USD MILLION)
        • Table EUROPE: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
    • ASIA PACIFIC
      • ASIA PACIFIC TO INCREASINGLY IMPLEMENT VIRTUAL PRIVATE CLOUD FOR HANDLING OPEX COST OF PRIVATE CLOUD
        • Table ASIA PACIFIC: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY COMPONENT, 2017-2024 (USD MILLION)
        • Table ASIA PACIFIC: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY SERVICE, 2017-2024 (USD MILLION)
        • Table ASIA PACIFIC: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY ORGANIZATION SIZE, 2017-2024 (USD MILLION)
        • Table ASIA PACIFIC: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY VERTICAL, 2017-2024 (USD MILLION)
        • Table ASIA PACIFIC: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
    • MIDDLE EAST AND AFRICA
      • INCREASED SPENDING ON IT INFRASTRUCTURE BY GOVERNMENT AND MANUFACTURING VERTICALS TO DRIVE THE MARKET IN MIDDLE EAST AND AFRICA
        • Table MIDDLE EAST AND AFRICA: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY COMPONENT, 2017-2024 (USD MILLION)
        • Table MIDDLE EAST AND AFRICA: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY SERVICE, 2017-2024 (USD MILLION)
        • Table MIDDLE EAST AND AFRICA: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY ORGANIZATION SIZE, 2017-2024 (USD MILLION)
        • Table MIDDLE EAST AND AFRICA: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY VERTICAL, 2017-2024 (USD MILLION)
        • Table MIDDLE EAST AND AFRICA: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
    • LATIN AMERICA
      • LOCAL ENTERPRISES COLLABORATING WITH LEADING VENDORS TO ADDRESS THE GROWING NEED FOR VIRTUAL PRIVATE CLOUD IN LATIN AMERICA
        • Table LATIN AMERICA: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY COMPONENT, 2017-2024 (USD MILLION)
        • Table LATIN AMERICA: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY SERVICE, 2017-2024 (USD MILLION)
        • Table LATIN AMERICA: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY ORGANIZATION SIZE, 2017-2024 (USD MILLION)
        • Table LATIN AMERICA: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY VERTICAL, 2017-2024 (USD MILLION)
        • Table LATIN AMERICA: VIRTUAL PRIVATE CLOUD MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SCENARIO
      • PRODUCT/SOLUTION LAUNCHES AND ENHANCEMENTS
        • Table PRODUCT/SOLUTION LAUNCHES AND ENHANCEMENTS, 2016-2019
      • BUSINESS EXPANSIONS
        • Table BUSINESS EXPANSIONS, 2017-2019
      • ACQUISITIONS
        • Table ACQUISITIONS, 2017-2019
      • PARTNERSHIPS, CONTRACTS, AND COLLABORATIONS
        • Table PARTNERSHIPS, CONTRACTS, COLLABORATIONS, 2017-2019
    • COMPETITIVE LEADERSHIP MAPPING
      • VISIONARY LEADERS
      • INNOVATORS
      • DYNAMIC DIFFERENTIATORS
      • EMERGING COMPANIES
  • COMPANY PROFILES
    • INTRODUCTION
    • GOOGLE
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • MICROSOFT
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • ALIBABA
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • AWS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • OVH
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • HUAWEI
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • RACKSPACE
      • BUSINESS OVERVIEW
      • SOLUTIONS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • CENTURYLINK
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • DXC
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • ATOS
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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