Selbyville, Delaware, June 30, 2019 (GLOBE NEWSWIRE) --
The virtual private server (VPS) market is predicted to hike from USD 1 billion in 2018 to over USD 2 billion by 2025, according to a 2019 Global Market Insights, Inc. report. The market growth is attributed to an increase in demand for secured hosting by enterprises, rising adoption of virtualization technology, and supporting digitalization initiatives in developing countries.
The increasing adoption of cloud technology across the enterprises for hosting and supporting critical business functions is another factor contributing to VPS market share. The enterprises’ approach for enhanced control over the servers without interference from the other shared servers is enabling them to migrate to VPS over the traditional physical servers.
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The managed virtual private server market is expected to grow at a CAGR of over 15% during the forecast period due to increase in complexities in server maintenance & monitoring tasks. The server involves complex functions, which require special skills and training to handle these functions. These complex functions of server maintenance are handled by highly trained and competent experts in managed VPS hosting solutions. Also, managed VPS services offer a high degree of resource scalability. The customers can dynamically scale their usage of key server resources, such as RAM, CPU, and bandwidth, as per their computing requirements. Since major server maintenance & monitoring tasks handled efficiently by service providers, the customers can invest their in-house resources on their core competencies to generate new revenue streams for the organization.
The Linux operating system segment is expected to hold a virtual private server market share of over 60% by 2025 due to its open source nature. The Linux VPS hosting provides flexibility, greater control, and functionality over the traditional Windows OS. It also provides a wide range of features with minimal hosting charges due to the elimination of licensing fees. It offers users the ability to regulate servers’ space and bandwidth as per their changing requirements. Users get root access, just as on a dedicated server, providing greater control, more features, and ways to directly access files that are often faster than using the cPanel GUI.
Browse key industry insights spread across 240 pages with 388 market data tables & 28 figures & charts from the report, “Virtual Private Server Market Size By Type (Managed, Unmanaged), By Operating System (Windows VPS, Linux VPS [Ubuntu, CentOS, Red Hat Enterprise Linux (RHEL), Debian]), By Organization Type (Large Enterprises, SMEs), By Application (IT & Telecom, BFSI, Healthcare, Government & Public Sector, Retail, Manufacturing), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Spain, Italy, Netherlands, Russia, China, India, Japan, Australia, South Korea, Southeast Asia, Brazil, Mexico, Argentina, Colombia, South Africa, Saudi Arabia, UAE, Qatar), Growth Potential, Competitive Market Share & Forecast, 2019 - 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/virtual-private-server-market
The SMEs segment in the virtual private server market is expected to grow at CAGR of over 18% over the forecast period due to the increase in the adoption of virtualization technology. The availability of limited resources for maintaining the dedicated physical servers is enabling SMEs to shift toward VPS. The VPS helps SMEs to have a dedicated virtual server with a per pay-as-you-use model, which allows them to pay for the resources as per their requirements only. The VPS also helps in eliminating the space required for the physical server, which will reduce the cost of the excessive space required for bulky servers.
The IT & telecom sector is expected to hold a virtual private server market share of over 25% in 2025 due to the growing demand for secured virtualized infrastructure. The increase in the number of online cyberattacks is prompting IT & telecom companies to deploy secured servers. The VPS ensures better privacy and security for enterprises’ files. The servers running in an isolated environment are protected from stability and security issues related to the other systems in shared server models.
The key players operating in the virtual private server (VPS) market are Amazon Web Services, Rackspace, Digitalocean, DreamHost, United Internet AG, A2 Hosting, Linode, Inmotion Hosting, Plesk International, Tektonic, Vultr Holdings Corporation, GoDaddy, Liquid Web, OVH Group, Endurance International Group, Kamatera, Inc., Bluehost, Savari Technologies Pvt. Ltd., and cPanel, LLC.
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.