Dublin, July 20, 2021 (GLOBE NEWSWIRE) – The “Virtual Private Network (VPN) – Global Market History and Analysis” Report was added to ResearchAndMarkets.com to offer.
Global Virtual Private Network (VPN) Market To Reach US $ 107.6 Billion By 2027
In the midst of the COVID-19 crisis, the global virtual private network (VPN) market, which is estimated at $ 35.4 billion in 2020, is projected to have a revised size of 107.6 billion by 2027 in the analysis period 2020-2027 .
Multiprotocol Label Switching, one of the segments analyzed in the report, is expected to post a CAGR of 19.1% and reach $ 57.3 billion by the end of the analysis period. After an early analysis of the business impact of the pandemic and its triggered economic crisis, growth in the cloud segment will be adjusted to a revised CAGR of 16.5% for the next 7-year period.
The US market is valued at $ 12.1 billion, while China is forecast to grow by 18.2% CAGR
The virtual private network (VPN) …