Global Cloud VPN Market Research Report by Forecast to 2023
Global Cloud VPN Market Research Report by Forecast to 2023
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Global Cloud VPN Market Research Report by Forecast to 2023
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Global Cloud VPN Market Research Report by Forecast to 2023 Summary: Major factors driving the growth of cloud VPN market is the increasing shift towards virtualization and growing dependence of enterprises on web-based solutions and services. Also growing data security concerns is expected to drive the growth of global cloud VPN market.
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Global Cloud VPN Market Research Report by Forecast to 2023 Major Key Players:
Cisco Systems, Inc. (U.S.) Microsoft Corporation (U.S.) Google, Inc. (U.S.) NCP Engineering (Germany) Huawei Technologies Co., Ltd. (China) Robustel (China)
Segmentation: The global cloud VPN market is segmented on the basis of the component, connectivity, organization size, and vertical. The component segment is classified into software and services. However, the services sub-segment is expected to grow at the highest rate during the forecast period. This is owing to the increasing number of cloud VPN solution providers majorly focusing on support and maintenance services as these services are very crucial and required at each phase of implementation.
Regional Analysis: The global cloud VPN market is studied in Asia Pacific, North America, Europe, and Rest of the World. North America is estimated to account for the largest share of the market, whereas Asia Pacific is projected to grow at the fastest rate during the forecast period. The growth of the market in North America is attributed to technological advancements and increased adoption of cloud VPN applications across various industry verticals such as BFSI, healthcare, manufacturing and IT and telecommunication among others.
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Global Cloud VPN Market Research Report by Forecast to 2023
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