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The study segments Cloud Virtual Private Network (VPN) industry in light of major classification such as product type, potential markets, application, and end-user.
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Cloud Virtual Private Network (VPN) Market Worth USD 8.78 Billion USD By 2026 www.reportsanddata.com sales@reportsanddata.com
Market Summary Market Size – USD 2.77 Billion in 2019, Market Growth - CAGR of 22.0% between 2019 and 2026, Market Trends – Increasing inclination towards virtualization and demand for cloud-based solutions and services The Global Cloud Virtual Private Network (VPN) market is expected to grow from USD 2.77 Billion in 2019 to USD 8.78 Billion by 2026, at a CAGR of 22.0% from 2019 to 2026. The rising adoption of it is seen through an increase in demand for technologies or virtual appliances networking, application delivery, and security products and services. The rise in the demand for secure remote access and increased acceptance of private clouds are blessing all the stakeholders in the market. However, the scantiness of governance and standardization, concerns over data security and protection issues are restraining factors that may hamper business critical functions in the market.
Our Approach Market Summary Further key findings from the report suggest In the cloud VPN user market, the verticals segment is expected to grow at the highest CAGR of 34.15% during the forecast period due to the inclination to buy the cloud VPN solutions directly from software players without depending on third-party service vendors. In the verticals user segment, the government and public utilities sector is expected to grow at the highest CAGR, whereas the telecom and IT sector is estimated to have the largest market share. The Global Cloud Virtual Private Network (VPN) is expected to grow from USD 2.77 Billion in 2019 to USD 8.78 Billion by 2026, at a CAGR of 22.0% from 2019 to 2026. Rise in the demand for cloud-based solutions is expected to drive the cloud VPN market. In the cloud VPN integrant type, the remote access cloud VPN is expected to hold the largest market share with a revenue of USD 3.6 Billion in 2026. This is mainly attributed to the increasing acceptance rate of mobile devices and Bring Your Own Device (BYOD) trends among corporates. In the company size segmentation, the SMEs segment is expected to grow at a higher CAGR, due to the large-scale acceptance of cloud VPN systems and cost minimization and amalgamation of management capabilities during the forecast period. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/1141
Our Approach Market Summary Major players in the Cloud VPN market are Array Networks (US), Cisco Systems (US), Huawei (China), Microsoft (US), Virtela (US), Google (US), NCP engineering (Germany), Singtel (Singapore), Robustel (China), Oracle (US), Contemporary Controls (US), Cohesive Networks (US), and others. Global Cloud VPN Market, By Integrant (Revenue, USD Million; 2016–2026) Software Services Global Cloud VPN Market, By Connectivity Type (Revenue, USD Million; 2016–2026) Site-To-Site Remote Access Global Cloud VPN Market, By Company Size (Revenue, USD Million; 2016–2026) Large Enterprises Small and Medium-Sized Enterprise
Our Approach Market Summary Global Cloud VPN Market, By User (Revenue, USD Million; 2016–2026) Service Providers Verticals Global Cloud VPN Market, By Region (Revenue, USD Million; 2016–2026) North America Europe APAC Latin America Middle East & Africa Order Now: https://www.reportsanddata.com/checkout-form/1141
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