The global managed VPN market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing amount of data created globally which requires VPN for better management. The increasing trend of outsourcing IT operations is also one of the major factors for the growth in the market during the forecast period.
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The increasing concern of security and privacy in organizations globally is one of the reasons why VPN is gaining popularity. Due to the reduced cost of installation, many companies across the globe are adopting VPN services. The VPN allows the company to connect with their customers globally and assist the customers with the services which have been provided to them. The demand for small and medium scale enterprises wanting VPN is also increasing, as these companies are adopting cloud-based services for their functioning. Many organizations are shifting towards VPN to secure their data from security breaches. These all factors will fuel the growth of the market during the forecast period. Some of the key players in the global managed VPN market include Tata Communications Ltd., AT&T, Inc., Vodafone Group Plc, Cisco Systems, Inc., Verizon, and many others.
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Market Coverage
- Segment Covered-
o By End User
o By Type
- Competitive Landscape – Tata Communications Ltd., AT&T, Inc., Vodafone Group Plc, Cisco Systems, Inc., Verizon.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Managed VPN Market by Segments
- By End-User
o Cloud Service Providers
o Enterprises
o BFSI
o Healthcare
o IT
o Transportation
o Manufacturing
- By Type
o Remote Access VPN
o Site-to-site VPN
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