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Asia Pacific VPN market seen reaching 5.15 billion dollars in 2009

Asia Pacific VPN market seen reaching 5.15 billion dollars in 2009

SINGAPORE (AFP) - The Asia Pacific market for Internet virtual private networks (VPN) is expected to reach 5.15 billion dollars in 2009, up more than 200 percent from 2003, an industry research firm said.
Frost and Sullivan said the market should grow 25.7 percent to more than two billion dollars this year from 1.687 billion dollaras last year.

Last year's growth was primarily driven by Japan, Australia and China.

The segment is seen to be the fastest growing telecommunications services market, with a projected compounded annual growth rate at 20.4 percent between 2003 and 2009, it said in a report Thursday.

A virtual private network is a method to connect computer systems using public wires. VPNs include security features such as encryption to help ensure that access is granted only to authorised users and that data cannot be intercepted.

It allows users to access their private or office networks from anywhere where there is Internet access at much lower charges. In contrast, users of Internet dial-up services pay costly international telephone charges.

Japan was the main market in 2003, accounting for 60 percent of revenues, while Australia came in second with 21 percent, Frost and Sullivan said.

However, by the end of 2009, China and India were forecast to be the main growth drivers for VPN growth.

May 6, 2004 at 07:23 PM in Security | Permalink | TrackBack (32) | Top of page | Blog Home