Global Cloud VPN Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Cloud VPN Market by Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2018–2025,” the Cloud VPN Market was valued at XX million in 2016 and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2018 to 2025. North America region is leading in cloud VPN market, owing to the presence of a large number of cloud VPN vendors.
Cloud VPN is a type of VPN that uses a cloud-based network framework to deliver VPN services. It offers globally accessible VPN access to end users and subscribers through a cloud platform over public internet. It is also referred to as hosted VPN or virtual private network as a service (VPNaaS). However, the main objective is to provide the same level of secure and globally accessible VPN services access without the need for any VPN infrastructure on the user’s end. Moreover, the pricing of cloud VPN is different than standard VPN service as it charges the customer based on pay per usage or a flat free subscription.
The market is driven by number of factors such as increasing shift towards virtual appliances, surge in demand for cloud services, and growing data security concerns. Demand for secure remote access and increased adoption of private clouds are the opportunities which are strengthening the growth of the market. The market has to face different challenges including limited technical knowledge and lack of expertise in virtualization. The factors hampering the growth of the market includes lack of governance and standardizations and fear of losing control over data and protection issues.
The global Cloud VPN Market report consists of various tools and techniques including, porters, value chain, market share analysis, and others. The data used in this report is gathered from extensive primary and secondary sources. These report gives the overall idea of market trends, opportunities, restraints, challenges, and others. The report includes major players along with their development strategies such as expansion, acquisition, merger, and others.
Based on the segmentation, the market is divided into different segments such as by component, by connectivity type, by organization size, by end-user, and by region. On the basis of component segment, the market is bifurcated into software and services. The connectivity type market is differentiated into site-to-site and remote access. Large enterprises and SMEs are categorized into organization size segment. Moreover, the end-user segment is classified into service providers and verticals.
Key Question Answered:
•What will be the market size in 2025 and at what rate it will grow?
•Who are the major key players in global cloud VPN market and what are their strategies?
•Which vertical industry is expected to show major growth?
•What segment and region will lead the market and why?
The major companies profiled in the report include: Cisco Systems, Microsoft, Google, NCP engineering, Huawei, Robustel, Oracle, Contemporary Controls, Virtela, Singtel and Cohesive Networks.
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