MarkNtel Advisors recently published a detailed industry analysis of the Global Virtual Private Network (VPN) Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Virtual Private Network (VPN) Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2028
The Virtual Private Network (VPN) Market is projected to grow at a CAGR of around 17% during the forecast period, i.e., 2023-28.
What are the major Driver the Global Virtual Private Network (VPN) industry?
Rapidly Rising Instances of Cyber Attacks across Different End-User Verticals – The ever-growing incidence of cyberattacks worldwide as people visiting public places log into unsecured Wi-Fi networks has raised severe safety concerns and, in turn, created the need for deploying virtual private networks across several businesses since hackers target persons who join susceptible hotspots & gain access to unsecured networks. Hence, the need for the implementation of VPNs and powering the encryption offered by them in order to defend the public from malicious action are driving the Global Virtual Private Network (VPN) Market.
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What segments define the Global Virtual Private Network (VPN) Market from 2023 to 2028? How do these segments contribute to market dynamics and growth?
By Component
- Solution
- Services
By Type
- Site-to-Site
- Remote Access
- Extranet
- Others
According to report, Of them all, remote access & site-to-site accounted for the largest share of the Global Virtual Private Network (VPN) Market.
By Deployment
- Cloud
- On-Premise
According to report, Here, the cloud segment holds a prominent market share, owing mainly to the growing need of companies to reduce maintenance & costs.
By End-User
- Commercial
- Individual
Geographical Analysis: Global Virtual Private Network (VPN) Market
- By Region
- North America
- South America
- Europe
- Asia-Pacific
- Rest of World
Explore the Complete Global Virtual Private Network (VPN) Market Analysis Report–
https://www.marknteladvisors.com/research-library/vpn-market.html
Global Virtual Private Network (VPN) Market Share & Competitive Landscape:
The Virtual Private Network (VPN) Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry’s leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Global Virtual Private Network (VPN) Market are:
- Avast Software s.r.o.
- Citrix Systems, Inc.
- NordVPN
- Radio IP Software
- CyberGhost S.R.L
- Cisco Systems, Inc.
- IBM Corporation
- Google LLC
- NetMotion Software
- Juniper Networks
- Checkpoint Software Inc.
- Opera Norway AS
- WatchGuard Technologies, Inc.
- Microsoft Corporation
- BlackBerry Limited
- Array Networks, Inc.
- TunnelBear Inc.
Global Virtual Private Network (VPN) Industry Recent Developments
- In November 2022, RadioIP, one of the leaders in secure mobile communications, partnered with NextNav, the leader in vertical location positioning, to empower its industry-leading VPN solutions with mission-critical z-axis location intelligence.
- The same year in June, NordVPN announced a new feature, Meshnet, to allow users to connect directly to other devices instead of routing their traffic through a VPN server.
- In May 2022, Microsoft announced a built-in VPN feature in its Edge browser, ‘Edge Secure Network,’ powered by Cloudflare and would offer limited free data to users. This new feature would serve as a dedicated browser VPN, and its security functionalities include encrypting browser traffic even when visiting HTTP websites and changing IP addresses & online locations.
Questions Addressed in this Study
1.What factors are driving the Global Virtual Private Network (VPN) Market growth?
2.How is the Global Virtual Private Network (VPN) Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Global Virtual Private Network (VPN) Market ?
4.What is the current size of the Global Virtual Private Network (VPN) Market, and how is it projected to change in the future?
6.What is the future outlook for the Global Virtual Private Network (VPN) Market in terms of technological advancements and market expansion?
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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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