In the global IP segment, USA, Canada, Japan, China and Europe will drive the 15.2% CAGR estimated for this segment. Within Europe, Germany is forecast to grow at approximately 15.2% CAGR. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.2% and 16.1% respectively over the 2020-2027 period. China, the world`s second largest economy, is forecast to reach a projected market size of US$14.5 Billion by the year 2027 trailing a CAGR of 18.2% over the analysis period 2020 to 2027. is estimated at US$12.1 Billion in the year 2020. The Virtual Private Network (VPN) market in the U.S. Market is Estimated at $12.1 Billion, While China is Forecast to Grow at 18.2% CAGR After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cloud segment is readjusted to a revised 16.5% CAGR for the next 7-year period. Multiprotocol Label Switching, one of the segments analyzed in the report, is projected to record a 19.1% CAGR and reach US$57.3 Billion by the end of the analysis period. Global Virtual Private Network (VPN) Market to Reach $107.6 Billion by 2027Īmid the COVID-19 crisis, the global market for Virtual Private Network (VPN) estimated at US$35.4 Billion in the year 2020, is projected to reach a revised size of US$107.6 Billion by 2027, growing at a CAGR of 17.2% over the analysis period 2020-2027. Dublin, J(GLOBE NEWSWIRE) - The "Virtual Private Network (VPN) - Global Market Trajectory & Analytics" report has been added to 's offering.
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