The Global MPLS IP VPN Services Market is expected to reach USD 26.62 billion by 2020, according to a new study by Grand View Research, Inc. Despite considerably maturing over the last five years, the market is poised for high growth on account of appreciable growth potential exhibited by managed MPLS IP VPN services. Enterprises have increasingly started incorporating MPLS IP VPN services for leveraging benefits such as cost minimization and performance maximization. The market is expected to stay buoyant as a direct consequence of declining ATM/frame relay implementation.
http://www.grandviewresearch.com/industry-analysis/multi-protocol-labelled-switching-internet-protocol-virtual-private-network-market
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