Blog Post

Indian IP Virtual Private Network Market To Be Worth $86 Million In 2005

Business Standard: The Indian IP Virtual Private Network (IP-VPN) market is expected to grow at a compounded annual rate (CAGR) of 31.6 per cent over the next four years. It will rely heavily on BPO, global firms and Indian companies having a global geographic spread, according to a report by independent research firm Frost & Sullivan (F&S).
The report forecasts that the Indian VPN service and equipment market is expected to grow to $86.2 million in 2005. VPN can be defined as emulating a private wide area network facility using the internet. The report has added that the market is likely to depend on the growth of the segments, as the adoption by small and medium enterprises is insignificant presently.