How Big is the Global Virtual Private Server Market?
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.
What is Virtual Private Server?
A virtual private server (VPS) is a virtualized server created by partitioning a physical server into multiple isolated virtual servers. It operates independently with its own dedicated resources, including central processing unit (CPU), random access memory (RAM), and storage. It provides users with more control and customization options compared to shared hosting, making it suitable for websites and applications that require…