Global Managed VPN Market to Reflect Impressive Expansion During 2018 – 2025

ResearchMoz include new market research report "Global Market Study on Managed VPN: Cloud Service Providers to Witness the Fastest Adoption During 2018-2026" to its huge collection of research reports.

The number of worldwide Internet users is increasing due to the decreasing prices of Internet services. This rise in the number of users has resulted in an increase in cyber threats such as security breaches, data loss, and data phishing. In order to prevent such threats, organizations are employing managed services such as managed VPNs for monitoring and managing their communication networks.

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In today’s fast growing business world, organizations are moving from current legacy networks to VPN based services. Every day, the amount of data created and processed is increasing, which leads to an increase in the demand for valuable IT resources that can look after the flow and management of this data. In order to cater to this demand, organizations are outsourcing IT operations, which results in increasing their spending on outsourced services. Organizations are now moving towards the adoption of managed network services such as managed VPNs, which create a private network within an organization and secure critical data from any type of security breach. Also, service providers design, install, manage, and maintain the local and global network of organizations, which reduces the cost pressure on internal IT resources to manage VPN infrastructure efficiently. Such features provided by managed VPNs are driving the growth of the global market.

Managed VPN services enable users to manage and monitor their organization’s network, and provide a complete view of the network. Service providers help enterprises manage the end points of the network, and notify users whenever a threat is detected. Moreover, enterprises can access a portal where all the activities of the network, such as performance reporting, network health monitoring, service management, and SLA management are reported, which makes management of the network easier. Furthermore, managed services help organizations in the optimum utilization of all the resources, which increases the efficiency of the organization.

Small and medium enterprises are increasing rapidly across the globe. These enterprises need efficient VPN services to connect their customers globally through the Internet. Managed VPN services can focus on such enterprises that are doing business on a small scale, but they need to fulfill the demand at a global level. The demand for VPN services in small and medium level enterprises could be less, but if service providers succeed to reach a large number of SMBs, they could earn good revenue from these enterprises.

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A leading factor impeding the progress of the global managed virtual private network market is lack of skilled labor. These services demand critical management and monitoring of networks, and in order to implement such services, highly skilled labor is required. Moreover, professionals dealing in managed VPN services need to be well aware of advanced and multiple new skills and keep reskilling all the time. Many regions are not able to procure enough skilled labor to suffice this growing demand. This can restrict revenue growth of the global managed VPN market to a great extent.

Cloud Service Providers

Enterprises

BFSI
Healthcare
IT and ITES
Energy and Power
Media and Entertainment
Transportation and Logistics
Manufacturing
Others

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Type

Remote Access VPN
Site-to-site VPN

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