SMBs to Spend $6.5 Billion on Hosted IP VPNs by 2012: Report
Market Watch
July 25, 2008
SMB spending on managed IP VPN services will more than triple by 2012, according to a new Light Reading report.The need for more robust connections is driving that increase, according to Charles Carr, who co-authored the report, aimed at U.S network operators. (Light Reading is a bMighty.com sister site.) SMBs -- which "typically lack the necessary expertise and networking staff to implement the right network for today?s and tomorrow's needs" -- are expected to spend $6.5 billion on managed IP VPN services during the next five years, up from less than $2 billion in 2007, the report states.
"SMBs need the flexibility and scaleability of a more robust networking solution," Carr said.Market Watch
About the Author
You May Also Like
Maximizing cloud potential: Building and operating an effective Cloud Center of Excellence (CCoE)
September 10, 2024Radical Automation of ITSM
September 19, 2024Unleash the power of the browser to secure any device in minutes
September 24, 2024