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Site-to-Site VPN Market Share 2018 - 2026: Google, Cisco systems, Palo Alto Networks, Inc., Oracle Corporation, Microsoft Corporation, NCP Engineering, Huawei Technologies

12-18-2018 01:36 PM CET | IT, New Media & Software

Press release from: MarketResearchReports.biz

Site-to-Site VPN Market Share 2018 - 2026: Google, Cisco

Recent research and the current scenario as well as future market potential of "Site-to-Site VPN Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026" globally.

Site-to-site VPN is used in connecting the networks placed at different locations using Internet. The solutions incorporated in the site-to-site VPN helps in connecting various branches or remote offices to the network headquarters wherein each site is equipped with a VPN gateway, such as a router, firewall, VPN concentrator, or security appliance. A virtual private network (VPN) consists of multiple remote peers transmitting private data securely to one another over an unsecured network, such as the Internet. In such cases, site-to-site VPN plays a vital role in secure transmission of data by using tunnels to encapsulate data packets within normal IP packets to forward over IP-based networks, and also uses encryption to ensure privacy and authentication.

In the recent decade, virtual private network is the most trending and discussed concept in networking industry. Many organizations across various regions are adopting VPN networks across their remote offices in order to keep a track of the office operational data. VPN networks provide many beneficial solutions to large enterprises, and small & medium enterprises (SMEs). Today, VPNs are equally appealing to companies of all sizes. Even midsized companies, that are almost always the last to adopt new technology, are finding compelling reasons to implement VPNs.

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Key drivers for the site-to-site VPN market is majorly the increase in adoption of VPN networks and also growing investments by companies on networking solutions. Large enterprises viewed VPNs as an efficient solution for the ever-increasing WAN costs, connecting remote users and integrating partners, suppliers, and customers into their networks. Very small companies adopted VPNs because they were the first real WAN or remote-access solution that they could afford. It is anticipated that VPNs enable enterprises to save between 30% and 70% over competing remote-access solutions. Many enterprises view VPNs as a competitive advantage, specifically because of their global coverage and the relative ease with which they can be extended to create extranets. Furthermore, roughly 30% of those who have WANs are now piloting or using a VPN and another 35% of WAN users have plans to implement VPNs in the coming years. Adoption of VPN solutions help in overcoming the challenges of implementing WAN solutions as VPN networks are expanding the market for WAN services. Moreover, significant rise in number of cyber-attacks, and surge in demand for cloud-based security solutions is expected to boost the global site-to-site VPN market over the forecast period. Furthermore, end-user demand for virtual communication networks is anticipated to boost the site-to-site VPN market in the near future. Demand for secure remote access and increased adoption of private clouds are anticipated to create lucrative market opportunities for VPN software vendors over the forecast period.

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The site-to-site VPN market can be segmented on the basis of component, application, enterprise size, end-use industry, and region. Components for the site-to-site VPN market comprise software and services. The software segment is further segmented into on premise and cloud based. Cloud based is further classified as private, public, and hybrid. Services segment consists of professional and managed services. On the basis of application, the site-to-site VPN market is segmented into remote access, extranet, and intranet. Based on enterprise size, the site-to-site VPN market can be segregated into small and medium enterprise (SMEs) and large enterprise. Based on end-use industry, the site-to-site VPN market is segmented into healthcare, transportation and logistics, IT and telecom, banking, financial services and insurance (BFSI), government and public sector, military and defense, consumer electronics, retail education etc.

Based on region, site-to-site VPN market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America and Europe are likely to hold a prominent share of the global site-to-site VPN market due to the presence of developed countries such as the U.S., the U.K, France, and Germany in these regions. The site-to-site VPN market in Asia Pacific is expected to expand at a rapid pace due to expansion in the IT and telecom industry and rise in adoption of networking technologies in countries such as China, India, Japan, Singapore, and Thailand.

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Major players operating in the site-to-site VPN market are Cisco systems, Palo Alto Networks, Inc., Oracle Corporation, Microsoft Corporation, Google, NCP Engineering, Huawei Technologies, Robustel, Contemporary Controls, Singtel, Private Internet Access, CenturyLink etc.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

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MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.

MarketResearchReports.biz is a seller of syndicated market studies, featuring an exhaustive collection of research reports from leading international publishers. Our repositoryis diverse, spanningvirtually every industrial sector and even more every category and sub-category within the industry. We also provide consulting services to enable our clients have adynamicbusiness perspective.

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