SMBs to Spend $6.5 Billion on Hosted IP VPNs by 2012: Report

Market Watch

Jim Manico

July 25, 2008

1 Min Read
Network Computing logo

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(s)

Jim Manico

Secure Coding Instructor

SUBSCRIBE TO OUR NEWSLETTER
Stay informed! Sign up to get expert advice and insight delivered direct to your inbox

You May Also Like


More Insights