Press release
Innovative Report on Virtual Private Network Products Market CAGR of +18% by 2023: Competition Status, Emerging Trends, Growth Factors and Top Key Player Like IBM, Cisco, IPVanish, CyberGhost, Fortinet, AT&T
Growing organizational need for secure wireless accessibility to critical applications, surge in cyber threats, and growing demand for remote accessibility of data in business organizations are the key growth drivers for the market. The VPN enhances the productivity of the organizations as the data is encapsulated into network protocols through a secure passage thereby minimizing and reducing the chances of data breaches and cyber-attacks. The VPN allows the sharing of data with a particular subset of stakeholders thereby helping in business continuity and reliability. The VPN makes the operations more efficient for instance, Brown Bear Corporation makes use of the VPN by allowing the Supervisory staff to connect via VPN to the office or the brown bear store to increase the management efficiently and reduce the drive time.“Research N Reports Analyst Predicts The Virtual Private Network Products Market Expected To Grow at a CAGR of +18% During Forecast Period.”
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Top Key Players Profiled in the report are:
IBM, Cisco, Private Internet Access, TorGuard, IPVanish, CyberGhost, Fortinet, AT&T
The global virtual private network market is divided into types, deployments, products, end users, and geographies. Types are classified as Hosted, IP, Multiprotocol Label Switching, Cloud, and others. Deployment is categorized as On-Premise and On-Cloud. Products are classified as routers, switches, firewalls, and other segments. End users are classified as government, telecommunications, manufacturing, healthcare, BFSI, utilities and others. Markets span regions including North America, Europe, Asia Pacific and other regions.
The mobile VPN market, based on distribution channels, is categorized as partners and distributors, value-added resellers (VARs), direct sales and online. Of these, partners and distributors accounted for over 40% of market share in 2017. This category is expected to be the largest monetization market in the market during the forecast period.
Mobile virtual private networks (VPNs) are surging with security trends in the mobile VPN market. This is due to increased demand for smart devices such as smartphones, laptops and tablets, and increased entrepreneurial interest in mobility and mobile security solutions. Mobile VPNs provide a reliable and lasting user experience when devices switch networks and out of service. As a result, vendors are actively investing in cost-effective mobile security solutions. This helps end users reduce the overall cost of mobile security solutions. Demand for mobile security products and services is on the rise due to increased investment in mobile security solution providers.
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A key factor driving the growth of the mobile VPN market is increasing remote accessibility in the organization and increasing cyber threats. Organizations today prefer simple, centralized management settings that can provide secure data access to employees at a low cost. To reduce operational costs and maintain local presence, companies can hire people who can do their work remotely and have easy access to mission-critical applications. Mobile VPN is therefore a great solution for organizations that require employees to use wireless devices to access the organization network from the outside.
Regional Outlook:
The regional analysis of virtual private network market is being studied for region such as Asia pacific (China, Japan, India), North America (U.S, Mexico, Canada), Europe (U.K, Germany) and Rest of the World. North America is one of the leading regions across the world in terms of market share.
Table of Contents
Global Virtual Private Network Products Market Research Report.
Chapter 1 Virtual Private Network Products Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast
Continued…
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