U.S. Mpls Ip Vpn Market Size & Outlook, 2023-2030
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U.S. mpls ip vpn market highlights
- The U.S. mpls ip vpn market generated a revenue of USD 18,703.3 million in 2023 and is expected to reach USD 26,749.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.2% 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 2023 | USD 18,703.3 million |
| Market revenue in 2030 | USD 26,749.9 million |
| Growth rate | 5.2% (CAGR from 2024 to 2030) |
| Largest segment | Layer 3 |
| Fastest growing segment | Layer 3 |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Layer 2, Layer 3 |
| Key market players worldwide | AT&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, U.S. accounted for 29.2% 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 North America, U.S. mpls ip vpn market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 4,884.4 million by 2030.
Layer 3 was the largest segment with a revenue share of 64.74% in 2023. Horizon Databook has segmented the U.S. mpls ip vpn market based on layer 2, layer 3 covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. e-commerce sector is growing at an accelerated pace, which heavily relies on efficient and secure data transmission. MPLS IP VPNs ensure smooth online transactions and better customer experiences.
Moreover, the U.S. government is a major spender on IT infrastructure, and MPLS, IP, and VPN services are often used to connect governmentThe U.S. e-commerce sector is growing at an accelerated pace, which heavily relies on efficient and secure data transmission.
MPLS IP VPNs ensure smooth online transactions and better customer experiences. Moreover, the U.S. government is a major spender on IT infrastructure, and MPLS, IP, and VPN services are often used to connect governmentThe U.S. e-commerce sector is growing at an accelerated pace, which heavily relies on efficient and secure data transmission.
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MPLS IP VPN Market Scope
MPLS IP VPN Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| GCX Corporation | View profile | 251-500 | Petaluma, California, United States, North America | https://www.gcx.com/ |
| Reliance Global Group Inc | View profile | 67 | 300 Boulevard of the Americas, Suite 105, Lakewood, NJ, United States, 08701 | https://www.relianceglobalgroup.com |
| Telstra Group Ltd | View profile | 32293 | 242 Exhibition Street, Level 41, Melbourne, VIC, Australia, 3000 | https://www.telstra.com.au |
| Telefonica SA | View profile | 104142 | Ronda de la Comunicacion, s/n, Central Building Auditorium, Floor 3, Telefonica District, Madrid, Spain, 28050 | https://www.telefonica.com |
| AT&T | View profile | 10001+ | Dallas, Texas, United States, North America | https://www.att.com |
| Deutsche Telekom AG | View profile | 201251 | Friedrich-Ebert-Allee 140, Bonn, Germany, 53113 | https://www.telekom.com |
| Verizon Communications Inc | View profile | 105400 | 1095 Avenue of the Americas, New York, NY, United States, 10036 | https://www.verizon.com |
| Lumen Technologies Inc Ordinary Shares | View profile | 27000 | 100 CenturyLink Drive, Monroe, LA, United States, 71203 | https://www.lumen.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
U.S. mpls ip vpn market size, by service, 2018-2030 (US$M)
U.S. MPLS IP VPN Market Outlook Share, 2023 & 2030 (US$M)
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