Virtual Private LAN Service Market is Estimated to Reach $2,420 Million by 2025


Posted October 5, 2020 by rohitkurup99

VPLS has many advantages among which it has wide variety of applications including L2VPN for VIP customers, municipal communications infrastructure and personal distributed services.

 
The Global market for Virtual Private LAN Service Market is estimated to reach $2,420 million by 2025, growing at a CAGR of 19.5% from 2020 to 2025. VPLS is one of the most significant Ethernet technologies with broad market prospects. Furthermore, VPLS is one of the most widely used Ethernet technologies in the market owing to its simplicity, reliability and ease of use. VPLS has many advantages among which it has wide variety of applications including L2VPN for VIP customers, municipal communications infrastructure and personal distributed services. Growing penetration of mobile devices, technological advancements in cloud and virtualizations are driving the market growth of Virtual Private LAN Service Market.

Key Takeaways

Increased advancement towards cloud technology, mobile VPN technology and others has led to keep the foundation of Virtual Private LAN Service in the market. Factors like high security, efficiency, and high redundancy are major points towards the growth of VPLS.
VPLS are use in remote offices, multinational organizations and others for server connection and high speed cloud technology facility.
Europe region is expected to dominate the global Virtual Private LAN Market during the forecast period 2025 due to their high investments in technological growth related to internet facilities, cellular M2M technologies and others are driving the growth of the market.

Request for Sample of the Report @ https://www.industryarc.com/pdfdownload.php?id=19221

Geography - Segment Analysis

Global Virtual Private LAN Service Market is dominated by Europe. Europe is dominating the VPLS market share in 2019 owing to its advanced technologies and well equipped industries which are using the cloud services and internet services in a wide range. Furthermore, advanced use of internet, rise in industrialization and innovations of new generations cellular data are increasing the use of LAN services thereby increasing the communication between the various servers fueling the growth of the VPLS Market. New technologies in infrastructure and operations including Ethernet exchanges are aiding the growth of the market by allowing to share and exchange data through various servers.

Drivers – Virtual Private Network LAN Service Market

Enhanced Security Advantages:
Cheaper Cost

Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Virtual Private LAN Service Market are given in this report. Virtual Private LAN Service Market is dominated by major companies such as VPLS Solutions, Array Networks Inc, Avast Software s.r.o , Blackberry Limited, Buffered Inc., Cysco Systems Inc., Citrix Systems Inc., Columbitech AB, Cryptzone , Cyber Ghost , Evocative Inc., among others.

About IndustryARC : IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to [email protected] to discuss more about our consulting services.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By rohitkurup99
Business Address https://www.industryarc.com/
Country India
Categories Business , Manufacturing , Reports
Tags virtual private lan service market , virtual private lan service market forecast , virtual private lan service market growth , virtual private lan service market share , virtual private lan service market size
Last Updated October 5, 2020