VPN market to hit $29bn by 2009

Friday, 7 July 2006, 4:48 PM EST

The virtual private network (VPN) services market was worth $23bn (£12.5bn) in 2005 and is expected to grow another 22 per cent to hit $29bn (£15.8bn) by 2009, according to an industry analyst.

The managed security services market also grew to almost $5bn (£2.7bn) in 2005 and is forecast to jump 68 per cent to $8bn (£4.3bn) in 2009, research by market analyst Infonetics Research has found.

At vnunet.

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