Cloud Virtual Private Network (VPN) Market 2020-2030 Covid-19 Updates with Key Players – Amazon Web Services, Array Networks, Cisco Systems
Global Cloud Virtual Private Network (VPN) market accounted for over US$ 4.68 billion in 2019. It is anticipated to grow at a CAGR of 20.3% from 2020 to 2030.
New York, NY -- (SBWire) -- 10/19/2020 --COVID-19 pandemic is an extraordinary crisis. It has no therapeutic solution including vaccines or drugs. Hence, countries & governments are taking serious decisions including locking the country for months or beyond to control the spread of the Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2). As a result, the increasing demand for remote workspaces owing to the COVID-19 outbreak is propelling the demand for cloud virtual private networks as organizations are looking for fast and secure networks.
Major Key Players of the Cloud Virtual Private Network (VPN) Market are:
Amazon Web Services, Inc., Array Networks, Inc., Cisco Systems, Inc., Cohesive Networks, Google LLC, Huawei Services (Hong Kong) Co., Limited., Microsoft Corporation, NCP engineering GmbH, Oracle, and Robustel, among others.
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Growing business expansions by established key players across different geographies to establish their strong presence in this competitive market are expected to drive the cloud VNP market. Additionally, the high adoption of cloud VPN by the IT & telecommunication sector is another major driving factor present in the operating market. Moreover, the increasing demand for secure & fast remote access due to the rising trend of work from home is boosting the market growth across the globe. Furthermore, new product launches by key players with advanced features are supplementing the market growth.
However, the high costs associated with cloud VPN services are expected to limit the market growth to a certain extent. Also, the lack of awareness regarding its benefits in some geographical regions and the lack of expertise are hampering the market growth. Moreover, the low adoption by small & medium-sized organizations is another restraining factor present in the operating market.
Major Types of Cloud Virtual Private Network (VPN) Market covered are:
-> Remote Access
-> Site-to-Site
Major Applications of Cloud Virtual Private Network (VPN) Market covered are:
-> Transportation & Logistics
-> Banking, Financial Services & Insurance (BFSI)
-> IT & Telecommunications
-> Retail & E-Commerce
-> Energy & Utilities
-> Manufacturing; Government & Defense
-> Medical & Life Sciences
-> Media & Entertainment
Research objectives:-
– To study and analyze the global Cloud Virtual Private Network (VPN) consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Cloud Virtual Private Network (VPN) market by identifying its various sub-segments.
– Focuses on the key global Cloud Virtual Private Network (VPN) manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Cloud Virtual Private Network (VPN) with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Cloud Virtual Private Network (VPN) Market Size
2.2 Cloud Virtual Private Network (VPN) Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Cloud Virtual Private Network (VPN) Market Size by Manufacturers
3.2 Cloud Virtual Private Network (VPN) Key Players Head office and Area Served
3.3 Key Players Cloud Virtual Private Network (VPN) Product/Solution/Service
3.4 Date of Enter into Cloud Virtual Private Network (VPN) Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Cloud Virtual Private Network (VPN) Sales by Product
4.2 Global Cloud Virtual Private Network (VPN) Revenue by Product
4.3 Cloud Virtual Private Network (VPN) Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Cloud Virtual Private Network (VPN) Breakdown Data by End User
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In the end, Cloud Virtual Private Network (VPN) industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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