The [FURL=https://www.industryarc.com/Report/19221/virtual-private-lan-service-market.html?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Global market for Virtual Private LAN Service Market[/FURL] is estimated to reach $2.5 billion by 2026, growing at a CAGR of 18.2% from 2021 to 2026. 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.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 2026 due to their high investments in technological growth related to internet facilities, cellular M2M technologies and others are driving the growth of the market.
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Virtual Private LAN Service Market Segment Analysis - By Geography
Global Virtual Private LAN Service Market is dominated by Europe. Europe is dominating the VPLS market share in 2020 at 34.2% 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. The growth factors in Europe are witnessed owing to the various features of VPLS which includes infrastructure management, public and private cloud deployments, disaster recovery and backups
Virtual Private LAN Service Market Drivers
Enhanced Security Advantages
Cheaper Cost
Virtual Private LAN Service Market Landscape
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.
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