Virtual Private Server Market to garner USD 8.38 billion

A Virtual Private Server (VPS) is a hybrid hosting service that merges elements of both dedicated and shared hosting. It involves a physical machine offered by a hosting company, allowing users to add or remove hardware components based on their requirements and business scale.

Rise in security concerns among enterprises, improved customization, scalability, and downtime, surge in adoption of cloud-based services among enterprises, and reduction in overall hardware requirement in the data center infrastructure drive the growth of the virtual private server market. On the other hand, limited physical resource & bandwidth availability, and limited efficiency compared to dedicated hosting curtail down the growth to some extent.

However, integration of Machine learning and AI with…