Press release
Cloud VPN Market to reach USD 37.48 Bn by 2029, Technological Advancements and Growth Opportunities
A new report on the Cloud VPN Market reveals that it was valued at USD 7.49 Bn. in 2021, and is expected to grow at a CAGR of 22.30 percent from 2022 to 2029, reaching nearly USD 37.48 Bn. The report, titled "Cloud VPN Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2029," provides an in-depth analysis of the market based on component, connectivity type, organization size, vertical, and region.Cloud VPN Market Report Scope and Research Methodology
The report's investment suggestions are based on a thorough examination of the current competitive environment in the Cloud VPN market. The research methodology used to estimate and forecast the market begins with capturing data on key vendor revenues through secondary research. The vendor offerings are also taken into consideration to determine the market segmentation.
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Cloud VPN Market Dynamics
The report identifies the increasing use of enterprise mobility as a major driver for the cloud VPN market. With the trend of embracing mobile technology to create a more flexible environment, more employees choose to work outside of their principal workplace, making cloud-based solutions and services necessary to keep data secure in enterprise mobility.
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However, the lack of technical understanding among employees to implement digitalization is a major restraint to the cloud VPN market. The majority of large, small, and medium businesses are moving toward digitalization due to technological disruption, but a shortage of experienced workers to handle digital operations is preventing many businesses from adopting cloud services.
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Cloud VPN Market Regional Insights
North America is expected to dominate the Cloud VPN Market during the forecast period, with the United States boasting one of the world's largest cloud markets. The market is also expected to grow rapidly in the Telecommunication and IT sector due to the increasing use of powerful devices such as phones, PCs, and other such devices necessitating the development of flexible VPN technology. The report also identifies the increasing acceptance of cloud services in virtual applications as a crucial factor driving the cloud VPN market forward.
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Cloud VPN Market Segmentation
By Component
Software
Services
By Connectivity Type
Site-to-Site
Remote Access
By Organization Size
Large Enterprises
SMEs
By Vertical
Transportation And Logistics
BFSI
Education
Consumer Goods And Retail
Manufacturing
Healthcare And Life Sciences
Travel And Hospitality
Telecommunication And IT
Government And Public Sector
Others
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Cloud VPN Market Key Competitors include:
Oracle
NCP Engineering
Array Networks
Robustel
Singtel
Cohesive Networks
Virtela
Contemporary Controls
Cisco Systems
Huawei
Microsoft
ABTACH LTD
Aadhav Group
21Vianet Group,Inc.
TOP Network
TOPNET
Table of Content for Cloud VPN Market
Global Cloud VPN Market: Research Methodology
Global Cloud VPN Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Cloud VPN Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Cloud VPN Market Segmentation
Global Market, by Component (2021-2029)
Global Market, by Connectivity Type (2021-2029)
Global Market, by Organization Size (2021-2029)
Global Market, by Vertical (2021-2029)
Regional Cloud VPN Market (2021-2029)
Regional Market, by Component (2021-2029)
Regional Market, by Connectivity Type (2021-2029)
Regional Market, by Organization Size (2021-2029)
Regional Market, by Vertical (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Types:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Component, Connectivity Type, Organization Size , Vertical and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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