France Mpls Ip Vpn Market Size & Outlook, 2023-2030
France mpls ip vpn market, 2018-2030 (US$M)
Related Markets
France mpls ip vpn market highlights
- The France mpls ip vpn market generated a revenue of USD 1,884.5 million in 2023 and is expected to reach USD 3,050.2 million by 2030.
- The France market is expected to grow at a CAGR of 7.1% 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 1,884.5 million |
| Market revenue in 2030 | USD 3,050.2 million |
| Growth rate | 7.1% (CAGR from 2023 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, France accounted for 2.9% 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 Europe, Germany mpls ip vpn market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 3,050.2 million by 2030.
Layer 3 was the largest segment with a revenue share of 61.07% in 2023. Horizon Databook has segmented the France mpls ip vpn market based on layer 2, layer 3 covering the revenue growth of each sub-segment from 2018 to 2030.
The government of France is actively promoting digitalization initiatives like "France Numérique" for improved digital infrastructure. This can drive demand for MPLS IP VPN services, especially in developing areas.
Also, there's a growing emphasis on data sovereignty in France. MPLS IP VPN providers with data centers located within France can cater to this concern. Market players interconnect their public cloud solutions and hyper-converged systems, which require high-speed data exchange.
TF1 can reach cloud-based systems, applications, and data from various locations and can also transmit video content produced at partner and satellite locations to its data centers for real-time streaming.
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MPLS IP VPN Market Scope
MPLS IP VPN Market Companies
| Name | Profile | # Employees | HQ | Website |
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France MPLS IP VPN Market Outlook Share, 2023 & 2030 (US$M)
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