Global Managed VPN Market to Reach $63.2 Billion by 2030
The global market for Managed VPN estimated at US$24.2 Billion in the year 2022, is projected to reach a revised size of US$63.2 Billion by 2030, growing at a CAGR of 12.7% over the analysis period 2022-2030. Enterprises, one of the segments analyzed in the report, is projected to record 12.3% CAGR and reach US$39 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Cloud Service Providers segment is readjusted to a revised 13.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $7.3 Billion, While China is Forecast to Grow at 12.3% CAGR
The Managed VPN market in the U.S. is estimated at US$7.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$11 Billion by the year 2030 trailing a CAGR of 12.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.1% and 10.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.2% CAGR.Select Competitors (Total 12 Featured) -
- AT&T, Inc.
- BT Group PLC
- CenturyLink, Inc.
- Cisco Systems, Inc.
- NTT Corporation
- Orange Business Services
- Tata Communications Ltd.
- Telefonica SA
- Verizon Communications, Inc.
- Vodafone Group PLC
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AT&T, Inc.
- BT Group PLC
- CenturyLink, Inc.
- Cisco Systems, Inc.
- NTT Corporation
- Orange Business Services
- Tata Communications Ltd.
- Telefonica SA
- Verizon Communications, Inc.
- Vodafone Group PLC
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 179 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 24.2 Billion |
Forecasted Market Value ( USD | $ 63.2 Billion |
Compound Annual Growth Rate | 12.7% |
Regions Covered | Global |