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According to a new market research report ”Cloud VPN Market by Component (Software and Services), Connectivity Type (Site-to-Site and Remote Access), Organization Size (Large Enterprises and SMEs), End User (Service Providers and Verticals), and Region - Global Forecast to 2022", published by MarketsandMarkets™, The cloud VPN market size is expected to grow from USD 3.25 Billion in 2017 to USD 8.78 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 22.0%.The growing adoption of it is seen through a high demand for virtual appliances or technologies in the field of networking, application delivery, and security products.
Also, an increasing demand for cloud-based solutions is expected to drive the cloud VPN market over the next 5 years.Browse 63 Market Data Tables and 32 Figures spread through 111 Pages and in-depth TOC on "Cloud VPN Market by Component (Software and Services), Connectivity Type (Site-to-Site and Remote Access), Organization Size (Large Enterprises and SMEs), End User (Service Providers and Verticals), and Region - Global Forecast to 2022"Major Key PlayersKey players in the cloud VPN market include Cisco Systems (US), Microsoft (US), Google (US), NCP engineering (Germany), Huawei (China), Robustel (China), Oracle (US), Contemporary Controls (US), Virtela (US), Singtel (Singapore), and Cohesive Networks (US).Ask for PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=99856038In the current scenario of technology adoption, significant growth in the demand for virtual appliances or technologies is witnessed in the field of networking, application delivery, and security products.
Enterprises now want the ability to access infrastructure, applications, and other IT resources on-demand, thus fundamentally paving the path for a virtual resource-sharing environment.
Growing use of public cloud and managed services has resulted in increasing data security concerns.
Security can act as a stringent factor while sharing vital resources or information, over the cloud, through a VPN.In the services, the support and maintenance services segment is expected to have a larger market share than integration and training and consulting.
As in cloud VPN, there is a greater focus on maintaining and transforming business-critical applications seamlessly, so that the cloud VPN companies can meet their ever-changing demands of the market, hence fueling the demand for these services.The remote access connectivity type enables an individual user, located remotely, to connect to the enterprise network using personal devices, such as laptops, smartphones, or tablets.