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Comprehensive Study on Virtual Private Network (VPN) Market 2026 | Top Companies like - AirVPN, AnchorFree GmbH, Anthasoft SA DE CV, Array Networks, Avast Software, BlackBerry Limited, Buffered, Cisco Systems

05-13-2020 08:39 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Study Report LLC

Virtual Private Network (VPN) Marke

Virtual Private Network (VPN) Marke

A recent report added by Market Study Report, LLC, on Virtual Private Network (VPN) Market provides a detailed analysis on the industry size, revenue forecasts and geographical landscape pertaining to this business space. Additionally, the report highlights primary obstacles and latest growth trends accepted by key players that form a part of the competitive spectrum of this business.

The virtual private network market is slated to pick up significant momentum in coming years owing to the rising incidences of cybercrime and online frauds. A VPN network is a connection method or programming which is used to add security and privacy to private as well as public networks. For example, like the internet, and Wi-Fi Hotspots.

Request a sample of this premium report titled Virtual Private Network (VPN) Market at https://www.marketstudyreport.com/request-a-sample/1357093?utm_source=openpr.com&utm_medium=Ram

It also uses tunneling protocols in order to encrypt information at sending end as well as decrypt it at receiving end. The sending and receiving end network addresses are also encrypted so as to provide extra security.

Virtual private networks are utilized to give remote corporate employees, business travelers, and gig economy freelance workers access to software applications which are facilitated on proprietary networks. While gaining access through a VPN to a restricted resource, it is ensured that the user is authorized to utilize the VPN app and can offer one or more authentication factors, like biometric data, password security, or security token.

Virtual private network (VPN) market is bifurcated in terms of component, type, connectivity, application, and regional landscape. Based on type, the VPN market is classified into cloud VPN, IP, mobile VPN, and MPLS. Among these, the mobile VPN segment will exhibit a CAGR of over 18% through 2026 due to increasing demand for cloud security.

With respect to application, the VPN market is segmented into consumer, service providers, and commercial application segment. The consumer segment is further classified into Laptops/PCs, tablets, and smartphones. Among these, the tablets will witness a CAGR of over 10% by 2026 due to better portability as compared to laptops and larger display than smartphones. The Laptops/PCs segment held a market share of over 30% in 2019 due to extensive use of VPN software in traditional PCs.

The commercial application segment is further categorized into government, manufacturing, BFSI, healthcare, and IT & Telecom. The BFSI sector held a market share of over 40% in 2019 due to increasing use of VPN solutions for safeguarding financial transactions. IT & Telecom segment will exhibit a growth rate of nearly 12% CAGR through 2026 due to increasing use of IP and MLPS VPN for cost reduction.

The government sector is likely to observe a CAGR of over 15% through 2026 due to rising incidents of cyberattacks and malware intrusion on federal networks. Manufacturing application segment will witness over 14% CAGR through 2026 due to increasing need for securing IoT networks.

From a regional frame of reference, the APAC VPN market held around 25% market share in 2019 due to rapidly increasing internet penetration and rising awareness about cybersecurity. Middle East & Africa VPN market is likely to exhibit a CAGR of around 13% due to rising case of cyberattacks and online frauds.

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Report Content
Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Scope
1.3 Definitions
1.4 Methodology and forecast parameters
1.5 Data sources
1.5.1 Secondary
1.5.1.1 Paid sources
1.5.1.2 Public sources
1.5.2 Primary
Chapter 2 Executive Summary
2.1 VPN industry 360 degree synopsis, 2015 - 2026
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Component trends
2.1.4 Type trends
2.1.5 Connectivity trends
2.1.6 Application trends
2.1.6.1 Consumer trends
2.1.6.2 Commercial trends
Chapter 3 VPN Industry Insights
3.1 Introduction
3.2 Industry segmentation
3.3 VPN industry landscape
3.4 Impact of COVID-19 outbreak
3.4.1 Impact by region
3.4.1.1 North America
3.4.1.2 Europe
3.4.1.3 Asia Pacific
3.4.1.4 Latin America
3.4.1.5 Middle East & Africa (MEA)
3.4.2 Impact on industry value chain
3.4.3 Impact on competitive landscape
3.5 VPN user trends
3.5.1 By device
3.5.2 By age group
3.5.3 By gender
3.6 Motivation factors for VPN usage
3.7 Evolution of VPN technology
3.8 VPN protocols
3.8.1 OpenVPN
3.8.2 L2TP/IPSec
3.8.3 SSTP (Secure Socket Tunneling Protocol)
3.8.4 IKEv2 (Internet Key Exchange Version 2)
3.8.5 PPTP (Point to Point Protocol)
3.9 Industry ecosystem analysis
3.10 Technology and innovation landscape
3.10.1 Software Defined Networking (SDN)
3.10.2 Network Function Virtualization (NFV)
3.11 Regulatory landscape
3.11.1 Health Insurance Portability and Accountability Act (HIPAA)
3.11.2 Payment Card Industry Data Security Standard (PCI DSS)
3.11.3 North American Electric Reliability Corp. (NERC) standards
3.11.4 Federal Information Security Management Act (FISMA)
3.11.5 The Gramm-Leach-Bliley Act (GLB) Act of 1999
3.11.6 The Sarbanes-Oxley Act of 2022
3.11.7 General Data Protection Regulation (GDPR)
3.12 VPN industry impact forces
3.12.1 Growth drivers
3.12.1.1 Rise in cybercrime and data breaches
3.12.1.2 Proliferation of internet services
3.12.1.3 Increasing adoption of VPN across multiple business verticals
3.12.1.4 Compliance regulations requiring organizations to implement additional security
3.12.1.5 Growing adoption of BYOD and enterprise mobility
3.12.2 Industry pitfalls & challenges
3.12.2.1 Budget constraints
3.12.2.2 Need to support multiple OS slows down VPN functionalities
3.12.2.3 Reluctance to adopt various VPN solutions
3.13 Growth potential analysis
3.14 Porter's analysis
3.15 PESTEL analysis
Chapter 4 Competitive Landscape
4.1 Introduction
4.2 Top market players, 2019
4.2.1.1 Cisco
4.2.1.2 Microsoft
4.2.1.3 IBM
4.2.1.4 Juniper Networks
4.2.1.5 NCP Engineering
4.3 Innovation leaders, 2019
4.3.1.1 Cyber Ghost
4.3.1.2 Cryptozone
4.3.1.3 Tunnel Bear
4.3.1.4 Nord VPN
4.3.1.5 Express VPN
4.4 Other prominent vendors
Chapter 5 VPN Market, By Component
5.1 Key trends, by component
5.2 Hardware
5.2.1 VPN hardware market
5.3 Software
5.3.1 VPN software market
5.4 Services
5.4.1 VPN services market
Chapter 6 VPN Market, By Type
6.1 Key trends, by type
6.2 IP-VPN
6.2.1 IP-VPN market
6.3 MPLS-VPN
6.3.1 MPLS-VPN market
6.3.2 Mobile VPN
6.3.2.1 Mobile VPN market
6.3.3 Cloud VPN
6.3.3.1 Cloud VPN market
Chapter 7 VPN Market, By Connectivity
7.1 Key trends, by connectivity
7.2 Site-to-site VPN
7.2.1 Site-to-Site VPN market
7.3 Remote Access VPN
7.3.1 Remote access VPN market
7.4 Extranet
7.4.1 Extranet VPN market

Chapter 8 VPN Market, By Application

Chapter 9 VPN Market, By Region

Chapter 10 Company Profiles

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