UAE Mpls Ip Vpn Market Size & Outlook, 2023-2030
UAE mpls ip vpn market, 2018-2030 (US$M)
Related Markets
UAE mpls ip vpn market highlights
- The UAE mpls ip vpn market generated a revenue of USD 835.5 million in 2023 and is expected to reach USD 1,287.9 million by 2030.
- The UAE market is expected to grow at a CAGR of 6.4% 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 835.5 million |
| Market revenue in 2030 | USD 1,287.9 million |
| Growth rate | 6.4% (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, UAE accounted for 1.3% 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 Middle East & Africa, Saudi Arabia mpls ip vpn market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 953.7 million by 2030.
Layer 3 was the largest segment with a revenue share of 63.05% in 2023. Horizon Databook has segmented the UAE mpls ip vpn market based on layer 2, layer 3 covering the revenue growth of each sub-segment from 2018 to 2030.
The UAE government is actively promoting the development of smart cities, such as through Dubai's Smart City initiative. These projects require robust and secure network infrastructure to facilitate data exchange between various city components, creating a strong demand for MPLS IP VPN services.
MPLS IP VPN services offer secure and reliable networks for hotels, airlines, and travel agencies to manage critical operations and ensure smooth customer experiences, thereby supporting UAE’s tourism sector.
The UAE boasts a tech-savvy population with a high internet penetration rate, which provides an impetus to its e-commerce and online services, all of which rely on secure and reliable VPN services to protect user data and transactions.
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MPLS IP VPN Market Scope
MPLS IP VPN Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE MPLS IP VPN Market Outlook Share, 2023 & 2030 (US$M)
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