The major factor driving the managed virtual private network (VPN) are growing popularity of the cloud, heightened security concerns and increasing complexity of IT environment.
New York City, NY -- (SBWIRE) -- 04/24/2017 -- The Managed VPN Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Managed VPN: Drivers and Challenges
The major factor driving the managed virtual private network (VPN) are growing popularity of the cloud, heightened security concerns and increasing complexity of IT environment. Cloud application reduces complexities and provide various benefits such as mobility and cost saving. Enterprise applications are needed to be secured from increasing amount of cyber threat. Most of the organizations adopted the variety of security services such as email security, spam filtering and firewalls. Virtual private network are less complex in terms of operations and provide more flexibility to customers than traditional networks.
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Virtual private networks are generally developed over public internet. When the public internet service is down, the virtual private networks are also down. Apart from this, one time installation costs are also high for VPN. These are the factors that are restricting the growth of managed VPN market.
Managed VPN: Regional Overview
Presently, North America region is holding largest share of managed virtual private network market due to high adoption of Ethernet virtual private network which provide various benefits while offering services such as easy integration with legacy network, it also helps to deploy a secure and reliable platform.
In APAC and EMEA region, the market of managed virtual private network services is growing in positive manner owing to huge growth potential in countries such as India and China. Moreover, by implementation of optimized network will help to deliver a rich set of IP services with better user control.
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Managed VPN: Key Players
Some of the key players of managed VPN market are: Cisco System Inc., Alcatel-Lucent, IBM Corporation, Tata Communication, Ericsson, and Avaya.