Australia Mpls Ip Vpn Market Size & Outlook, 2023-2030

The mpls ip vpn market in Australia is expected to reach a projected revenue of US$ 1,981.1 million by 2030. A compound annual growth rate of 8.8% is expected of Australia mpls ip vpn market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,099.0
Forecast, 2030 (US$M)
$1,981.1
CAGR, 2024 - 2030
8.8%
Report Coverage
Australia

Australia mpls ip vpn market highlights

  • The Australia mpls ip vpn market generated a revenue of USD 1,099.0 million in 2023 and is expected to reach USD 1,981.1 million by 2030.
  • The Australia market is expected to grow at a CAGR of 8.8% from 2024 to 2030.
  • In terms of segment, layer 3 was the largest revenue generating service in 2023.
  • Layer 3 is the most lucrative service segment registering the fastest growth during the forecast period.


Mpls ip vpn market data book summary

Market revenue in 2023USD 1,099.0 million
Market revenue in 2030USD 1,981.1 million
Growth rate8.8% (CAGR from 2023 to 2030)
Largest segmentLayer 3
Fastest growing segmentLayer 3
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLayer 2, Layer 3
Key market players worldwideAT&T, Lumen Technologies Inc Ordinary Shares, Cisco Systems Inc, GCX Corporation, Reliance Global Group Inc, Telefonica SA, Telstra Group Ltd, Deutsche Telekom AG, Verizon Communications Inc


Other key industry trends

  • In terms of revenue, Australia accounted for 1.7% of the global mpls ip vpn market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China mpls ip vpn market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 7,681.1 million by 2030.

Layer 3 was the largest segment with a revenue share of 60.19% in 2023. Horizon Databook has segmented the Australia mpls ip vpn market based on layer 2, layer 3 covering the revenue growth of each sub-segment from 2018 to 2030.


Investments in network infrastructure, including the National Broadband Network (NBN), have resulted in enhanced connectivity and adoption of advanced networking solutions such as MPLS IP VPN. The Australian government is actively promoting initiatives that encourage digital adoption and innovation.

These initiatives, such as Vision 2025, the digital transformation strategy, will indirectly drive demand for MPLS IP VPN services as businesses seek to improve their network infrastructure. Moreover, as Australian companies expand internationally, the need for secure and reliable global connectivity grows, making MPLS IP VPN solutions suitable for connecting offices across different regions.

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MPLS IP VPN Market Companies

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Australia MPLS IP VPN Market Outlook Share, 2023 & 2030 (US$M)

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