Managed VPN Market Size Reveals the Best Marketing Channels In Global Industry

Market Overview and Report Coverage

Managed VPN is a type of virtual private network service that is outsourced to a third-party provider, who manages and maintains the network infrastructure on behalf of the client. This service allows businesses to securely connect their remote offices and employees to their corporate network, ensuring encryption and data security.

The Managed VPN Market is expected to grow at a CAGR of % during the forecasted period. The increasing need for secure and reliable connectivity, as well as the rise of remote work, are driving the growth of this market. Organizations are increasingly turning to managed VPN services to ensure their data is protected and their networks are efficient.

The future outlook for the Managed VPN Market is promising, with continued growth expected as more businesses adopt cloud technologies and prioritize network security. The market forecast shows a steady increase in demand for managed VPN services, with new trends emerging such as the integration of artificial intelligence and machine learning for enhanced security measures. Overall, the market growth analysis indicates a positive trajectory for the Managed VPN Market in the coming years.

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Market Segmentation

The Managed VPN Market Analysis by types is segmented into:

• Remote Access VPN
• Site-to-site VPN

Managed VPN services are categorized into two main types: Remote Access VPN and Site-to-Site VPN. Remote Access VPN allows individual users to securely connect to a remote network from any location, ensuring privacy and data protection. Site-to-Site VPN, on the other hand, enables secure communication between two or more network sites. Both market types cater to different needs and offer varying levels of security and connectivity, making them essential for businesses looking to establish secure and reliable connections.

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The Managed VPN Market Industry Research by Application is segmented into:

• BFSI, Healthcare
• IT and Media
• Transportation
• Manufacturing, Energy
• Other

Managed VPNs are widely used in various industries such as BFSI, Healthcare, IT and Media, Transportation, Manufacturing, Energy, and other markets. In the BFSI sector, VPNs ensure secure communication and data transfer. In healthcare, they protect sensitive patient information. IT and Media firms use managed VPNs for secure remote access and data protection. Transportation companies use VPNs to secure their communication networks. Manufacturing utilizes VPNs for secure data sharing. Energy firms rely on managed VPNs for secure communication and data transfer. Other markets also benefit from the security and data protection offered by managed VPN solutions.

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In terms of Region, the Managed VPN Market Players available by Region are:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

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What are the Emerging Trends in the Global Managed VPN market?

The global managed VPN market is currently experiencing a shift towards integrated solutions that offer enhanced security, scalability, and performance. Organizations are increasingly adopting managed VPN services to simplify network management, reduce costs, and improve their overall network infrastructure. Additionally, the rise of remote work and the growing need for secure access to cloud-based applications are driving the demand for managed VPN services. Emerging trends in the market include the integration of artificial intelligence and machine learning for improved threat detection and response, as well as the adoption of software-defined networking for greater agility and flexibility in network management.

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Major Market Players

Orange Business Services, AT&T, and Verizon Communication are key players in the managed VPN market. Orange Business Services offers a wide range of VPN solutions for enterprises, focusing on secure connectivity and performance optimization. AT&T is known for its global network reach and comprehensive managed services portfolio, which includes VPN solutions tailored to various industries. Verizon Communication offers secure managed VPN solutions with advanced security features to protect sensitive data.

The market for managed VPN services is witnessing significant growth due to the increasing adoption of cloud services and the need for secure remote access. Companies are increasingly relying on VPNs to ensure encrypted communications and secure data transfers between multiple locations.

According to a report by Market Research Future, the global managed VPN market size is expected to reach USD billion by 2024, growing at a CAGR of 12.9% during the forecast period. The market is driven by the increasing demand for secure and reliable communication networks across various industries.

In terms of sales revenue, AT&T reported USD 170.76 billion in revenue for the fiscal year 2020, while Verizon Communication reported USD 128.12 billion in revenue for the same period. Orange Business Services, as a subsidiary of Orange S.A., does not disclose its revenue separately.

Overall, the managed VPN market is highly competitive, with key players like Orange Business Services, AT&T, and Verizon Communication focusing on providing secure, reliable, and scalable VPN solutions to meet the growing demands of enterprises worldwide. To stay ahead in the market, companies are investing in innovative technologies, advanced security features, and global network infrastructure to cater to the evolving needs of their customers.

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