Florida, December 19: Market Research Engine has published a new report titled as “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 market is an emerging market and it is estimated to cross $45.00 billion by 2022.
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With its recently published study on “Virtual Private Cloud: Trends & Forecasts, 2016-2022”, that SMEs will dominate the Virtual Private Cloud market. As per the study, VPC market will see a significant growth in the coming years due to the growing need for the cost friendly disaster recovery solutions. The SMEs and SMBs will continue to spend on the VPC solutions.
“Globally, BFSI and Telecom are the industry verticals which are spending a lot on the secure and cost friendly cloud solutions. It is foreseen by 2022 that Public and E-commerce sectors will be spending a lot on the cloud based solutions. The growing dependence of these sectors on internet based application is one of the reasons for the cloud dependency”.
“The growing number of SMBs and their dependence on cloud are driving the growth of the VPC market in the emerging regions. The major contributors of the market will be countries such as India, China and South Africa”. The report aims to highlight key insights from vendors and end users.
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The report provides an in-depth analysis and forecast about the industry covering the following key features:
Organization Types and Industry Verticals.
The market is divided into four regions: Americas, Europe, Asia-Pacific Excluding Japan (APEJ), and Middle East & Africa (MEA).
Competitive benchmarking analysis to optimize short term and long term strategy of the organizations.
Stakeholders’ insights and key trends (current and future) of the market.
Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.
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This release was published on openPR.