Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Virtual Private Network (VPN) Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 5% during the review period (2022 to 2027).
Virtual Private Network (VPN) Market Overview
The growing number of cases of cyberattacks is additional major factor that urges many initiatives to move to VPN technology. In today`s unsafe cyber environment, more and more industry verticals are adopting VPN services to confirm whole protection of their data while in transmission. With the ongoing COVID-19 pandemic affecting business operations, enterprises are increasingly rotating towards Internet-based services for business continuity purposes. This is consequently driving adoption and expansion of VPNs. The enterprise mobility tendency and the need for if ubiquitous access to company networks particularly for remote workforce is also attractive adoption of VPNs.
Who are the Major Players in Virtual Private Network (VPN) Market?
The Virtual Private Network (VPN) Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes, Private Internet Access, Nord VPN, TorGuard, Cyber Ghost, Hotspot Shield, IP Vanish VPN, Buffered VPN, Golden Frog, VPN Pure, Express VPN, Safer VPN, 21Vianet, Beijing Sinnet technology, China Enterprise ICT Solutions,
Industry News:
May 18, 2010) - Today, AnchorFree Inc., the creator of Hotspot Shield, the world's most popular free privacy tool, announced the availability of an updated version of Hotspot Shield that will enable Facebook users to easily overcome privacy concerns.
What are the major Applications, Types and Regions for Virtual Private Network (VPN) Market?
By Type, it is segmented into
- Remote Access VPN
- Site-to-Site VPN
- Others
By Applications it is segmented into
- Personal VPN Users
- Corporate VPN Users
- Other
Virtual Private Network (VPN) Market Regional Analysis
- The North America VPN market share is expected to showcase promising growth as the number of cyber-attacks are increasing, which may create a robust demand for a secure cloud infrastructure. Many organizations are adopting a cutting-edge IT infrastructure and are using smart platforms, such as SaaS and PaaS, which will create a high need for cloud computing technologies. Cloud-based technologies simplify the IT management to a great extent and provide innovative yet reliable security solutions, which will drive the use of high-end VPN services.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Virtual Private Network (VPN) Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Virtual Private Network (VPN) Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Virtual Private Network (VPN) Market report scope?
Scope of the Report covers Virtual Private Network (VPN) Market with detailed analysis of the overall scenario for the market. It also highlights the business participant’s environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Virtual Private Network (VPN) Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.
Report Attributes
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Report Details
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Forecast Period 2022 to 2028 CAGR
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CAGR of 5% during the review period (2022 to 2027).
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By Type
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- Remote Access VPN
- Site-to-Site VPN
- Others
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By Application
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- Personal VPN Users
- Corporate VPN Users
- Other
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By Companies
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Private Internet Access, Nord VPN, TorGuard, Cyber Ghost, Hotspot Shield, IP Vanish VPN, Buffered VPN,
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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134
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Virtual Private Network (VPN) Report
- Evaluate Virtual Private Network (VPN) market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Virtual Private Network (VPN) market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Question-
How big is the VPN market?
The virtual private network (VPN) industry share surpassed USD 30 billion in 2020 and will expand at a CAGR of 5% between 2020 and 2027.
Why will the VPN industry enlarge from ironware application in Canada?
In Canada, hardware applications accounted for more than 40% of market share in 2020 and will record appreciable growth on account of higher demand for VPN routers across enterprises.
Who are the key companies in Market for Virtual Private Network (VPN)?
Key companies in the Global Market for Virtual Private Network (VPN) include Array Networks, Inc., Avast Software s.r.o, Check Point Software Technologies Ltd., Cisco Systems, Inc., Citrix Systems, Inc., Cyber Ghost S.R.L., Express VPN International Ltd., Golden Frog GmbH and Juniper Networks, Inc.
What is the estimated size of the Market for Virtual Private Network (VPN)?
The Market for Virtual Private Network (VPN) is estimated to be worth $77.1 Billion by 2027.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
