San Francisco, California, May 28, 2017: TMR Research has published a new report titled, “Managed VPN Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.” According to the report, the primary factor attributed to the growth of the global managed VPN Market is the surge in the number of cyber-attacks. Another important factor bolstering the demand for managed VPN Market is the rising trend of using cloud-based security solutions. As VPN technology enables remote users and branch offices to access resources and corporate applications in a safe and secure manner, its importance is felt.
Within Enterprises in organizations managed VPN is extensively in demand as they enable employees to work remotely or to operate when traveling. Service providers are providing designing, managing, installing, and maintaining of local and global network of enterprises in organizations which not only reduce the cause pressure on internal it resources but also helps in the effective management of VPN infrastructure. Moreover, managed VPN services help organizations and enterprises in making optimum use of their resources, thereby boosting efficiency of the organization or enterprise. On the other hand, it is expected that a lack of standardization of VPN will pose a challenge for the growth of the managed VPN Market.
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On the basis of geography, the global managed VPN Market is segmented into South America, Asia-Pacific, North America, Europe, and the Middle East and Africa. Of these, it is North America which is leading in the market. Europe is anticipated to be the second leading regional market with the UK, France, and Germany at the Forefront. However, it is Asia Pacific which is anticipated to be witnessing the highest growth rate in terms of CAGR during the forecast period From 2017 to 2025 thanks to the growing demand for managed VPN from countries such as Australia, Japan, India, and China.