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), 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.
Key Findings in Global Virtual Private Network (VPN) Market:
- Historical Analysis: 2018 –2021
- Base Year: 2022
- Forecast Period: 2023-2028
Leading Market Players- 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
Key Highlights of the Report
- Market Dimensions And Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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
Explore the Complete Global Virtual Private Network (VPN) Market Analysis Report – https://www.marknteladvisors.com/research-library/vpn-market.html
Geographical Analysis: Global Virtual Private Network (VPN) Market
By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
The Global Virtual Private Network (VPN) Industry Recent Development:
- 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.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Global Virtual Private Network (VPN)?
- How is the Global Virtual Private Network (VPN) expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, And data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial And varied client base, including multinational corporations, financial institutions, governments, And 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 And forecasting, And trend analysis, among others, for 15 diverse industrial verticals.
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