![]() ![]() Comparative Review of Top Virtual Private NetworksĢ.Developed Regions Lead, Developing Economies to Spearhead Future Growth.Cloud VPN Market: A High Growth Segment.Large Enterprises Capture Major Market Share.Hardware Captures a Significant Share of VPN Market.Global Market for Virtual Private Network (VPN): Prospects & Outlook.An Introduction to Virtual Private Network (VPN).VPN Adoption Surges as COVID-19 Pandemic Leads to a Rise in Remote Work and WFM Culture.COVID-19 Pandemic Provides Strong Push for Virtual Private Networks (VPNs).Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$13.4 Billion by the year 2027, while Latin America will expand at a 15.3% CAGR through the analysis period. These regional markets accounting for a combined market size of US$5.8 Billion in the year 2020 will reach a projected size of US$15.6 Billion by the close of the analysis period.Ĭhina will remain among the fastest growing in this cluster of regional markets. In the global IP segment, USA, Canada, Japan, China and Europe will drive the 15.2% CAGR estimated for this segment. Within Europe, Germany is forecast to grow at approximately 15.2% CAGR. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.2% and 16.1% respectively over the 2020-2027 period. China, the world`s second largest economy, is forecast to reach a projected market size of US$14.5 Billion by the year 2027 trailing a CAGR of 18.2% over the analysis period 2020 to 2027. is estimated at US$12.1 Billion in the year 2020. The Virtual Private Network (VPN) market in the U.S. Market is Estimated at $12.1 Billion, While China is Forecast to Grow at 18.2% CAGR After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cloud segment is readjusted to a revised 16.5% CAGR for the next 7-year period. StarHub's Global VPN has 4 different classes to manage the different types of urgent traffic. Business Class (4 classes) for business critical traffic such as SAP or other financial transactions. Multiprotocol Label Switching, one of the segments analyzed in the report, is projected to record a 19.1% CAGR and reach US$57.3 Billion by the end of the analysis period. A range of SDWAN solutions fully aligned with our network services like Agile Connect, Cisco SDWAN, Meraki, Infovista, and Riverbed for better application visibility and control NFV services virtualised versions of our acceleration and security services either via the cloud or virtual CPE devices. StarHub Global IPVPN supports 6 classes of services: Premium Class for delay-sensitive real-time applications such as voice and video. Global Virtual Private Network (VPN) Market to Reach $107.6 Billion by 2027Īmid the COVID-19 crisis, the global market for Virtual Private Network (VPN) estimated at US$35.4 Billion in the year 2020, is projected to reach a revised size of US$107.6 Billion by 2027, growing at a CAGR of 17.2% over the analysis period 2020-2027. Dublin, J(GLOBE NEWSWIRE) - The "Virtual Private Network (VPN) - Global Market Trajectory & Analytics" report has been added to 's offering. ![]()
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