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Mobile Virtual Private Network (VPN) Market, Size, Share, Growth, Demand, Application, Analysis and Forecast to 2024
Mobile Virtual Private Network (VPN) Market
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The factors driving the growth of the mobile VPN market are an extensive requirement among various business organizations pertaining to remote accessibility and an excessive number of cases related to cyber threats.
Moreover, mobile VPN technique enables employees of various business organizations to access organizational information and network away from office premises in a secure manner.
On the basis of the distribution channel, mobile VPN market is segmented into VARs, direct sales, online and partners or distributors. Among these channels, partners or distributors account for the largest share in the market as it provides improved on-premise services to the users which is considered to be the most crucial source for these offerings across the globe.
Based upon end-users, the mobile VPN market is segmented into military, telecommunications, healthcare, mining, financial, government, utilities, oil and gas, and others. Among these segments, the telecommunications domain is the largest contributor to the global market and is also expected to witness significant growth during the forecast period. The increasing utilization of wireless and mobile devices across the globe has further accentuated the demand for VPN among utilities, banking and healthcare domain.
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North America has been contributing largest revenue in mobile VPN market throughout the estimated period since this region is witnessing the rampant adoption of mobile devices. Furthermore, the business organizations in this region are implementing mobile VPN system in their operations as it is a cost-effective alternative and provide a high level of security to the employees while communicating outside the office premises.
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