PRESS RELEASE
Published July 4, 2023
Global Virtual Private Server Market Overview 2023-2028
The global virtual private server market size reached US$ 4.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.0 Billion by 2028, exhibiting a growth rate (CAGR) of 13.8% during 2023-2028.
A virtual private server (VPS) is a virtual machine that operates within a physical server. It is a cost-effective and scalable hosting solution that offers high performance and reliability. It also offers flexibility and better control of a dedicated server at a more affordable price point. Besides this, it assists in ensuring privacy, stability, security, and sharing the same physical server while maintaining separate virtual environments.
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