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The companies operating in the market are focusing on expanding their customer base by introducing their advanced VPS offerings in the key regional markets. For instance, in 2018, GoDaddy announced its next-generation VPS hosting solutions in India. The fourth-generation VPS hosting service enables users to get access to their servers in minutes to save time and increase performance for their customers' sites. Some of the key players operating in the market include
The industry share of virtual private server is estimated to grow at a CAGR of over 15% between 2019 and 2025.
The market size of virtual private server exceeded USD 1 billion in 2018.
Virtual private servers (VPS) enables SMEs to minimize hardware requirement in data center infrastructure whilst benefiting from the capabilities of virtual dedicated servers.
Linux OS is increasingly being used for web hosting as it is easy to install, supports multitenancy and is an open-source platform, making the distribution of resources like email accounts easier.
Asia Pacific industry is expected to be driven by the presence of large number of smartphone users along with increasing internet penetration.
E-commerce platforms generally need sophisticated server resources like dynamic scalability of bandwidth to adapt to the periodic influx of traffic flow on their website, requirements that can be fulfilled using VPS hosting.