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The global virtual private servers (VPS) web hosting services market is poised for impressive growth, expanding from USD 7.54 Billion in 2023 to a projected USD 90.64 Billion by 2032. This growth, representing a compound annual growth rate (CAGR) of 17.4% from 2024 to 2032, is driven by the growing demand for scalable and cost-effective hosting solutions.
One of the key factors propelling this market forward is the growing interest in edge computing among businesses worldwide. As organizations seek to reduce latency, improve performance, and enhance reliability for distributed applications and IoT devices, the need for hosting solutions closer to the end-users and devices surges. It’s the increasing acceptance and adoption of edge computing…
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