DUBLIN--(BUSINESS WIRE)--The "Global Virtual Private Cloud (VPC) Market 2019-2025" report has been added to ResearchAndMarkets.com's offering.
The global virtual private cloud market is growing significantly at a CAGR of 18.4% during the forecast period, owing to the rising demand for VPC in BFSI coupled with the increasing demand for a more agile and secure cloud solution is encouraging the demand for VPC platforms.
A significant rise in the adoption of virtual private cloud in BFSI has been witnessed owing to the increasing demand for more secure and flexible cloud computing solutions in the sector. BFSI industry is highly prone to cyber-attacks, which results in the increasing adoption of cloud computing in the industry.
The rising number of online transactions forced banks to focus on highly secure, scalable and flexible cloud platforms. VPCs have combined advantages of public and private cloud as it offers the resource-sharing benefits of a public cloud along with the security and performance benefits of a private cloud. Therefore, it is being significantly used in BFSI to achieve a higher level of security.
Geographically, the global VPC market is classified into four major regions, including North America, Europe, Asia-Pacific and Rest of the World (RoW). North America is growing significantly owing to the presence of major players, such as IBM Corp. and Microsoft Corp. in the region.
Asia-Pacific is estimated to witness considerable growth in the market during the forecast period owing to the government initiatives for digitalization in the region. For instance, in July 2015, the Digital India initiative was launched to increase digital connectivity and make governance more transparent. This, in turn, is supporting to drive the adoption of cloud-based solutions and thereby will likely contribute to the market growth in the region.
The major players in the market include IBM Corp., Microsoft Corp., Amazon Web Services, Inc. (AWS), CenturyLink Cloud, Alibaba Cloud International, VMware, Inc., and Google LLC. Mergers and acquisitions, partnerships, collaborations, geographical expansion and product launches are crucial strategies adopted by the market players to expand market share and gain competitive advantage.
For instance, in July 2019, IBM Corp. acquired Red Hat, Inc., a provider of enterprise open source solutions. With this acquisition, the open hybrid cloud technologies of Red Hat will be integrated with the IBM innovation and sales in over 175 countries. Both firms will accelerate innovation by offering a next-generation hybrid multi-cloud platform.
The report covers:
- Comprehensive research methodologies of the global VPC market.
- A detailed and extensive market overview with key analyst insights.
- Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global VPC market.
- Insights about market determinants which are stimulating the global VPC market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
Key Topics Covered
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. IBM Corp.
3.3.2. Microsoft Corp.
3.3.3. Amazon Web Services, Inc. (AWS)
3.3.4. Alibaba Cloud International
3.3.5. VMware, Inc.
4. Market Determinants
5. Market Segmentation
5.1. Global Virtual Private Cloud Market by Vertical
5.1.2. Banking, Financial Services and Insurance (BFSI)
5.1.3. IT and Telecom
5.1.4. Government and Defense
5.1.7. Others (Energy and Media and Entertainment)
5.2. Global Virtual Private Cloud Market by Organization Size
5.2.1. Large Enterprises
5.2.2. Small and Medium Enterprises (SMEs)
6. Regional Analysis
6.1. North America
6.2.6. Rest of Europe
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Abacus Data Systems, Inc.
7.2. Alibaba Cloud International
7.3. Amazon Web Services, Inc. (AWS)
7.4. AT&T, Inc.
7.5. Atos SE
7.6. CenturyLink Cloud
7.7. Cisco Systems, Inc.
7.8. Citrix Systems, Inc.
7.9. Dell, Inc.
7.10. DXC Technology Co.
7.11. Google LLC
7.12. HP Development Company, L.P.
7.13. Huawei Software Technologies Co., Ltd.
7.14. IBM Corp.
7.15. IONOS, Inc.
7.16. Microsoft Corp.
7.17. NetApp, Inc.
7.19. NTT Communications Corp.
7.20. Oracle Corp.
7.21. Rackspace US, Inc.
7.22. VMware, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/ebga1l