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According to a new market research report” Cloud VPN Market by Component (Software andServices), Connectivity Type (Site-to-Site and Remote Access), OrganizationSize (Large Enterprises and SMEs), End User (Service Providers and Verticals),and Region - Global Forecast to 2022", published byMarketsandMarkets™, The cloud VPN market size is expected to grow from USD 3.25Billion 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 forvirtual appliances or technologies in the field of networking, applicationdelivery, and security products. Also, an increasing demand for cloud-basedsolutions is expected to drive the cloud VPN market over the next 5 years.
Browse 63 Market Data Tables and32 Figures spread through 111 Pages and in-depth TOC on "Cloud VPN Market byComponent (Software and Services), Connectivity Type (Site-to-Site and RemoteAccess), Organization Size (Large Enterprises and SMEs), End User (ServiceProviders and Verticals), and Region - Global Forecast to 2022"
Major Key Players
Key players in the cloud VPNmarket 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).