MPLS IP VPN Market to Reach USD 110.92 Billion by 2032, as Enterprises Embrace Secure and Scalable Connectivity for Cloud and Remote Work | SNS Insider
The MPLS IP VPN market is growing due to rising demand for secure, scalable, and high-performance networking solutions across various industries.
Pune, March 13, 2025 (GLOBE NEWSWIRE) — MPLS IP VPN Market Size Analysis:
“The MPLS IP VPN market, valued at USD 60.69 billion in 2023, is projected to reach USD 110.92 billion by 2032, growing at a CAGR of 6.99% from 2024 to 2032.”
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Major Players Analysis Listed in this Report are:
- AT&T Inc. (AT&T VPN, AT&T NetBond)
- British Group plc (BT IP VPN, BT Net Protect)
- Lumen Technologies (Lumen MPLS VPN, Lumen Cloud Connect)
- Cisco Systems, Inc. (Cisco SD-WAN, Cisco MPLS VPN)
- GCX (GCX Global MPLS VPN, GCX IP Connect)
- Reliance Globalcom Services Inc. (Reliance MPLS VPN, Reliance Cloud Connect)
- Telefonica Group (Telefonica MPLS VPN, Telefonica SD-WAN)
- Telstra Corporation (Telstra Global MPLS, Telstra VPN Services)
- T‑Mobile USA, Inc. (T-Mobile MPLS VPN, T-Mobile SD-WAN)
- Verizon Communications Inc. (Verizon MPLS VPN, Verizon SD-WAN)
- Orange Business Services (Orange MPLS VPN, Orange SD-WAN)
- CenturyLink (CenturyLink MPLS VPN, CenturyLink SD-WAN)
- Sprint Nextel Corporation (Sprint MPLS VPN, Sprint Cloud Connect)
- Charter Communications (Charter Enterprise VPN, Charter Cloud Solutions)
- Vodafone (Vodafone MPLS VPN, Vodafone SD-WAN)
- China Telecom (China Telecom VPN, China Telecom Cloud Connect)
- China Unicom (China Unicom IP VPN, China Unicom SD-WAN)
- WINDTRE (WINDTRE VPN, WINDTRE MPLS)
- Comcast (Comcast Enterprise VPN, Comcast Cloud Solutions)
- Deutsche Telekom (Deutsche Telekom MPLS VPN, Deutsche Telekom SD-WAN)
MPLS IP VPN Market Report Scope:
| Report Attributes | Details |
| Market Size in 2023 | USD 60.69 Billion |
| Market Size by 2032 | USD 110.92 Billion |
| CAGR | CAGR of 6.99% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Key Regional Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe [Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Key Growth Drivers | Enterprises Prioritize MPLS IP VPNs for Secure, Scalable, and High-Performance Network Connectivity Amid Growing Cloud Adoption and Remote Work Needs.
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Strong Growth and Emerging Opportunities in the MPLS IP VPN Market Driven by Demand for Secure, Scalable Networking Solutions
The MPLS IP VPN market is poised for strong growth, fueled by growing demand for secure, scalable, and high-performance networking solutions in various industries, such as IT, healthcare, and finance. Companies are embracing MPLS VPNs to simplify communications, provide data privacy, and facilitate seamless connectivity between remote sites. Opportunities in the future include offering services for cloud-based applications, integration with SD-WAN technologies, and improving network security through advanced encryption techniques. As the digital revolution gains pace, demand for trusted, agile VPN solutions will only grow stronger, creating opportunities for innovation and growth in the market.
By Service, Layer 3 Segment Leads the MPLS IP VPN Market with Strong Revenue Share, Layer 2 Segment Poised for Fastest Growth
In 2023, the Layer 3 segment held the largest share in the MPLS IP VPN market with approximately 62% of the revenue. Characterized by its secure, scalable, and efficient routing features, Layer 3 MPLS is favored by organizations for traffic engineering, smooth integration with multi-site networks, and better Quality of Service (QoS). Its IP-based routing and multi-protocol support qualify it for use in large organizations, financial organizations, and service providers requiring high-performance, secure connectivity.
The Layer 2 segment is expected to expand at the fastest CAGR of around 8.16% from 2024 to 2032 with rising demand for low-latency, high-speed connectivity solutions. Layer 2 MPLS is preferred by businesses due to its ease of network management, reduced overhead, and enhanced Ethernet communication control. Cloud computing, data center interconnect, and IoT solution growth is driving demand for Layer 2 VPNs, providing efficient point-to-point and multipoint connectivity with little routing complexity.
By Industry, IT & Telecom Segment Dominates MPLS IP VPN Market with Largest Revenue Share, Education Segment to Experience Fastest Growth
The IT & Telecom sector dominated the MPLS IP VPN market in 2023 with a commanding revenue share of approximately 28%. The demand is fueled by the requirement for high-performance, secure, and scalable network infrastructure. IT service providers and telecommunication companies are dependent on MPLS IP VPNs for low-latency connectivity, quality data transmission, and secure services offering cloud applications and enterprise services. Demand for bandwidth-hungry services and VoIP further adds to the role of MPLS in this space.
The education industry is expected to expand at the fastest CAGR of approximately 9.51% during the period from 2024 to 2032, spurred by the speedy digitalization and surge in e-learning platforms. Educational institutions and web-based instructors need secure, consistent connectivity to underpin virtual classes, cloud-learning systems, and collaborative research. MPLS IP VPNs provide low-latency, high-speed connections to facilitate seamless access to learning resources, driven further by the increasing emphasis on distance education and intelligent campus infrastructures.
By Application, Audio Conferencing Segment Leads MPLS IP VPN Market with Largest Revenue Share, Video Conferencing Segment to Grow at the Fastest Rate
The audio conferencing segment led the MPLS IP VPN market in 2023, with a revenue share of around 33%. Companies depend on audio conferencing for uninterrupted communication, team meetings, and customer interactions, taking advantage of MPLS’s secure, low-latency connectivity. The increasing need for high-quality voice calls, especially in sectors such as IT, banking, and healthcare, has fueled the segment’s growth, as MPLS offers more call stability and less disruption than traditional internet solutions.
The video conferencing segment is expected to grow at the fastest growth in the MPLS IP VPN market with a CAGR of approximately 8.35% from 2024 to 2032. This is fueled by the growing need for remote offices, virtual meetings, and hybrid work styles. Businesses, education institutions, and healthcare organizations need high-definition, real-time video communications, and MPLS IP VPNs provide low-latency, secure connections that enable smooth video conferencing and drive the adoption of cloud-based collaboration tools and virtual training.
MPLS IP VPN Market Segmentation:
By Service
- Layer 2
- Layer 3
By Application
- Automated Machines
- Video Conferencing
- Audio Conferencing
- Others
By Industry
- BFSI
- Healthcare
- IT & Telecom
- Government
- Education
- Retail & Consumer Goods
- Others
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North America Leads MPLS IP VPN Market with Largest Revenue Share, Asia Pacific to Experience Fastest Growth
North America dominated the MPLS IP VPN market with the highest revenue share of about 37% in 2023, fueled by the presence of large businesses, sophisticated IT infrastructure, and high demand for secure, dependable network connectivity. The extensive use of cloud computing, remote work, and data-intensive applications across industries like BFSI, IT & telecom, and healthcare has also accelerated MPLS deployment, in addition to stringent cybersecurity regulations enhancing its stronghold.
The Asia Pacific region is expected to register the fastest CAGR of approximately 8.88% between 2024 and 2032, driven by accelerated digitalization, high cloud adoption, and growing enterprise networks. The IT & telecom sector boom in the region, growing need for hybrid work environments, and investment in smart infrastructure are major drivers propelling MPLS adoption. Multinational companies’ expansion, greater penetration of the internet, and requirements for low-latency, secure connectivity all serve to speed the growth of the market in Asia Pacific further.
Table of Contents – Major Key Points
1. Introduction
2. Executive Summary
3. Research Methodology
4. Market Dynamics Impact Analysis
5. Statistical Insights and Trends Reporting
6. Competitive Landscape
7. MPLS IP VPN Market Segmentation, By Service
8. MPLS IP VPN Market Segmentation, By Application
9. MPLS IP VPN Market Segmentation, By Industry
10. Regional Analysis
11. Company Profiles
12. Use Cases and Best Practices
13. Conclusion
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