Global Virtual Private Network (VPN) Market Size, Forecasts, And Opportunities
Learn about the global virtual private network market through The Business Research Company, which provides information on VPN market size, VPN market drivers and restraints, VPN market players, the COVID-19 impact on the VPN market, and more.
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The global virtual private network market size is expected to grow from $38.56 billion in 2021 to $45.89 billion in 2022 at a compound annual growth rate (CAGR) of 19.0%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The VPN market is expected to reach $91.20 billion in 2026 at a CAGR of 18.7%.
The increasing cyberattacks is expected to drive innovation in virtual private network (VPN) manufacturing, thus driving the market during the forecast period.
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The virtual private network (VPN) market consists of sales of VPN software and solutions by entities (organizations, sole traders, and partnerships) that provides an encrypted connection over the internet from a device to a network. The encrypted connection helps in the secure transmission of sensitive data, protects against unauthorised traffic monitoring, and allows the user to work remotely. The virtual private network gives users private internet access, web security, and global remote access for multinational corporations, large corporations, and electronic devices.
Global Virtual Private Network (VPN) Market Segments Include:
By Type: IP VPN, Mobile VPN, Cloud VPN, Multiprotocol Label Switching (MPLS)
By Component: Solution, Services
By Connectivity: Site-To-Site, Remote Access, Extranet
By Deployment: Cloud, On-Premise
By End-User: BFSI, Manufacturing, Healthcare, Telecom And IT, Government, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the virtual private network market in 2021.
Growing technological advancements are gaining the popularity in the virtual private network (VPN) market. The virtual private network providers are increasing investments in VPN technologies to provide fast and uninterrupted internet connectivity and remote accessibility.
TBRC’s virtual private network (VPN) market report covers:
Major Market Players: Check Point Software Technologies, Cisco Systems, Golden Frog, Juniper Networks, Microsoft Corporation, Safer Social Ltd, Avast, Citrix Systems, Columbitech, Google, IBM Corporation, NetMotion Software, WatchGuard Technologies, Array Networks, NCP Engineering, BlackBerry, Smith Micro Software, and GZ Systems Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Virtual Private Network (VPN) Global Market Report 2021: Market Size, Trends, And Global Forecast 2022 – 2026 is one of a series of new reports from The Business Research Company that provides virtual private network (VPN) market overviews, analyses and forecasts market size, share, VPN market players, VPN market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s virtual private network (VPN) market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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