The Global Cloud Virtual Private Network (VPN) Market Forecast to 2027 published by Reports and Data provides a holistic overview of the Cloud Virtual Private Network (VPN) market along with market size, market share, and key trends observed in the business sphere. The report examines key elements to speculate impact of macro- and micro economic factors, regulatory framework, current and emerging trends, demands, research and development, drivers and restraints, and strategic alliances on the overall growth of the industry. The market research report discusses growth prospects and challenges and provides a comprehensive assessment of market revenue growth and helping established companies and new entrants to formulate strategic business plans and gain a robust footing in the market.
The Cloud Virtual Private Network (VPN) market has witnessed considerable growth over the recent past and is expected to register robust revenue growth over the forecast period. Key factors such as increasing population, growing level of disposable income, downstream raw materials, rapidly growing product demand, and development of advanced technologies are expected to contribute to market growth over the forecast period of 2021-2028.
The report leverages advanced analytical tools such as SWOT analysis, Porter’s Five Forces analysis, value chain analysis, feasibility analysis, and investment return analysis. The report evaluates key aspects of Cloud Virtual Private Network (VPN) market that helps readers and clients get a deeper understanding of the market and key players operating in the industry. It also provides crucial insights into historic analysis, changing market dynamics, demand and supply activities, and scrutinize market trends.
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Key companies operating in the market include: 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.Analysis of each market player profiled in the report is detailed in the competitive landscape section. The report also provides SWOT analysis and Porter’s Five Forces Analysis for each company. The report aims to provide comprehensive assessment of business overview, production and manufacturing capacity, financial standing, global market position, strategic alliances, and business expansion plans for each key player. It also focuses on recent mergers and acquisitions, partnerships, joint ventures, collaborations, agreements, product launches and brand promotions among others. The report also sheds light on the lucrative growth prospects for the leading companies in the Cloud Virtual Private Network (VPN) industry during the forecast period.
Regions assessed in the report include:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Global Cloud VPN Market, By Integrant (Revenue, USD Million; 2016–2026)
- Support and Maintenance
- Training and Consulting
Global Cloud VPN Market, By Connectivity Type (Revenue, USD Million; 2016–2026)
- Remote Access
Global Cloud VPN Market, By Company Size (Revenue, USD Million; 2016–2026)
- Large Enterprises
- Small and Medium-Sized Enterprise
Global Cloud VPN Market, By User (Revenue, USD Million; 2016–2026)
- Service Providers
- Telecom and IT
- Government and Public Utilities
- Banking, Financial Services, and Insurance
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The report is a quantitative and qualitative analysis of the latest changes and developments in the Cloud Virtual Private Network (VPN) market. It offers industry verified data and key statistical data about market share and market size organized in graphs, charts, tables, figures, diagrams, and other pictorial representation. It also offers strategic recommendations to the new entrants on how to overcome the entry level barriers.
Key Offerings of the Cloud Virtual Private Network (VPN) Market Report:
- 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.
- 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.
- North America is anticipated to hold the largest market share in the cloud VPN market during the forecast period. Because of the presence of several business organizations looking for an authentic means of communication available on the cloud. The attraction of organizations toward cloud-managed systems has given a push to the market, which is expected to increase further traction in this region during the forecast period.
- APAC is projected to grow at the highest CAGR of 39.71% during the forecast period, as the region has the presence of creditable enterprises that are slowly allowing the adoption of advanced technologies.
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