Virtual Private Network (VPN) Market With Emerging Factors 2020 | Cisco System Inc, IBM Corporation, Opera Software, Google Inc, Avast Software, Citrix Systems, Net Motion Software

Virtual private network is a private point to point connection between two machines or network over the internet. It is a network that enables users to send and receive data across shared networks as if their computing device were directly connected to the private network. Virtual private network allows individuals working at home or office to connect in a secure fashion to a remote corporate server using the routing infrastructure provided by the internet. The information transmitted between two locations in a company is through an encrypted tunnel that cannot be read by anyone else as this system contains several elements to secure a company's private network. There has been an increase in the virtual private network market industry due to this innovative technology.

Significant rise in the number of cyber-attacks and remote access from anywhere around the world are the major factors driving the growth of the virtual private network market. In addition, assuring integrity check and providing authentication are the factors that fuels the growth of the VPN market. However, VPN standardization and data protection hamper the virtual private network market growth. Furthermore, the adoption of cloud technology and secure remote access are anticipated to provide major opportunities in the global VPN market.

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The virtual private network market is segmented based on component, deployment mode, end user, application, and by region. In terms of component, the market is bifurcated into solution and services. As per deployment mode, it is categorized into cloud and on-premise. Based on end user, the market is bifurcated into commercial, individual and others. Based on application, it is segmented into access VPN, intranet VPN, extranet VPN, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific and LAMEA.

The key players profiled in the virtual private network market analysis are Cisco System Inc, IBM Corporation, Opera Software, Google Inc, Avast Software, Citrix Systems, Net Motion Software, Cyber Ghost, Blackberry Limited, Watch Guard Technologies. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

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The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

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