Cloud VPN or VPN as a service allows users to access a company’s data stored in the cloud through a website or mobile application. VPN services enable employees for securely accessing data and resources through a private network. The global cloud VPN market report by Market Research Future (MRFR) studies the growth of cloud and other pertinent factors for sizing the valuation of the industry during the forecast period (2017-2023).
The global cloud VPN market is expected to grow at a CAGR of 22% during the forecast period. The large number of mobile devices used for official purposes and trend of bring-your-own-devices (BYOD) are major drivers of the market.
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The global cloud VPN market is segmented by component, connectivity, organization size, and vertical.
Based on component, the market is segmented into software and service. The service segment is further classified into integration, support & maintenance, and training and consulting.
Based on the connectivity, the market is segmented into remote access and site-to-site. Remote access connectivity is expected to hold the largest market share of the global cloud VPN market.
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