Research and Markets: Global MPLS IP VPN Services Market 2011-2015 Discusses That Complexity of MPLS Services Is One of the Major Challenges Hindering the Growth of This Market

(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (http://www.researchandmarkets.com/research/z3bwm2/global_mpls_ip_vpn) has announced the addition of the "Global MPLS IP VPN Services Market 2011-2015" report to their offering.

TechNavio's analysts forecast the Global MPLS IP VPN Services market to grow at a CAGR of 7.1 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing need of voice, data, and video convergence. The Global MPLS IP VPN Services market has also been witnessing growing demand for video conferencing. However, operational challenges in multi-carrier networks could pose a challenge to the growth of this market.

Key vendors dominating this market space include AT&T Inc., Verizon Communication Inc., BT Global Services and Orange Business Services.

Commenting on the report, an analyst from TechNavio's Telecom team said; Growing use of data services and bandwidth-intensive services has led to the increase in network traffic. Hence, enterprises are looking for services that provide advanced networking software tools, which can provide them with more control to monitor and manage the bandwidth in a network according to the needs of various applications. Thus, the ability of Multiprotocol label switching (MPLS) to address this demand is one of the major drivers in the market.

According to the report, there is an increasing demand among enterprises that are looking for solutions that can converge data, voice, and video applications, while at the same time ensuring the smooth and efficient migration to an internet protocol (IP)-based network from a legacy network. Hence, the ability of MPLS IP virtual private networks (VPN) services to address this need is one of the major drivers for this market.

For more information visit http://www.researchandmarkets.com/research/z3bwm2/global_mpls_ip_vpn CONTACT: Research and Markets, Laura Wood, Senior Manager.

press@researchandmarkets.com Fax from USA: 646-607-1907 Fax from rest of the world: 353-1-481-1716 Sector: Telecommunications and Networks (http://www.researchandmarkets.com/categories.asp?cat_id=20&campaign_id=z3bwm2) ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com)).

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