Virtual Extensible LAN Market Size, Share, Trends, And Forecasted Growth For 2023-2030
Mnmlatesttrends11 Jun, 2024Technology
The VXLAN is projected to grow from USD 1.6 billion in 2024 to USD 3.2 billion by 2029 at a CAGR of 15.0% during the forecast period. The explosive growth of cloud computing is a primary driver of the VXLAN market. Cloud service providers need to offer scalable, multi-tenant environments where resources can be dynamically allocated based on demand.
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