Virtual Private Cloud, By Organization Types (Large Enterprises, SMEs, SMBs), By Industry Verticals (BFSI, Transportation, Healthcare, Hospitality, E-Commerce, Telecom, Public Sector, Others) By Regions – Global Market Drivers, Opportunities, Trends, and Forecasts, 2016-2022
The Virtual Private Cloud (VPC) is an emerging market and is expected that VPC will be able to overtake private cloud’s market share in the coming years. In VPC, a private cloud solution is provided within a public cloud infrastructure; thus, providing a secure and personal data storage space to the user in the public cloud. Today, the VPC solutions are mainly being adopted by the Small Medium Enterprises (SMEs) and Small Medium Businesses (SMBs). The VPC solutions are cost friendly and more secured as compared to other cloud solutions available. At present, VPC is witnessing growth mainly in the developed countries of Americas and Europe and has started penetrating the other parts of the world.
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Airports offer access to essential infrastructure and services that facilitate air transport. In addition, airports can play a critical role for economic development on local, national and regional levels. The effective and efficient development and functioning of airports is therefore important for the sustainable development of air transport in particular and the economy as whole. The quality of Virtual Private Cloud is a vital component of the overall transportation network, contributes directly to a country’s international competitiveness and the flow of foreign investment.
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The Virtual Private Cloud (VPC) is expected to grow at an estimated CAGR of 26.35% during the period 2016–2022. The need for low cost disaster recovery solutions and easy installation are driving the VPC market. Despite, certain factors such as lack of awareness about VPC solution in developing and underdeveloped regions may still impact the growth of the VPC market. The VPC market has a huge growth opportunity in the industry verticals such as financial institutes, transportation, telecom and hospitality. The VPC region market is analysed by four regions – Americas, Europe, Asia-Pacific Excluding Japan (APEJ) and Middle East and Africa (MEA). The APEJ region is one of the fastest growing VPC markets due to the increased ICT infrastructure spending’s from the SMBs, SMEs and the government.
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