Virtual Private Network (VPN) Market 2020: Overview, Growth, Opportunities and Development 2023 by Leading Top Player NordVPN, IPVanish, Golden Frog, SaferVPN, NetGear and Others
The global virtual private network market 2020, according to a report by Market Research Future (MRFR), is slated to register a substantial market valuation at a moderate 18.22% CAGR during the review period (2016-2022).
Drivers and Restraints:
VPN solutions make business operations more effective. The significant factor that accounts for the growth of the VPN market is the growing adoption of VPN solutions across various vertical industries. It is expected that a substantial rise in the number of cyber-attacks and a spike in demand for cloud-based security solutions would fuel the virtual private network market over the forecast period. The VPN industry is expected to see a dramatic rise due to the advent of disruptive technological developments, such as BYOD. VPN applications help businesses encrypt their data on the employee's computer. It also scans malicious devices to protect sensitive data from any unauthorized access by the client. Responsible for hampering VPN market growth is the higher price of the mobile virtual private network.+
Get Free Sample at:
The global market for the virtual private network is analysed based on the deployment, type, products, and region. The type is divided into Multiprotocol Label Switching, Hosted, I.P., Cloud, and others. OBased on the user type, the VPN market has been dominated by the hosted segment, followed by the I.P. user type, and this trend is projected to continue over the review period, whereas multiprotocol label switching is poised to drive the market mounting with fastest-growing 20.5% CAGR.
The deployment segment comprisies of On-Premise and On-Cloud deployment. The market, based on the product, is segmented into Firewalls, Routers, Switches, and others.
The end-users are segmented into utilities, government, telecommunication, manufacturing, healthcare, BFSI, and others. By Verticals, the government is leading the market and is estimated to grow with 19.2% CAGR while the BFSI and utility segments are anticipated to fuel the market onward with the highest 21.7% and 20.2% CAGRs, correspondingly.
Geographically, the global virtual private network market is studied in four major regions, namely, Europe, North America, the Asia Pacific, and the rest of the world.
North America region is slated to account for the significant market share over the assessment period. The U.S. is motivated by the rising cybercrime trend, the existence of strong demand due to its services and I.T. Activities, where VPN demands more for high-end services and privacy. Also contributing to this market's growth over the evaluation period is the growing number of cyber-attacks on businesses across various industry verticals. It allows companies to deploy VPN solutions that will protect their business capital from unaffected access. Due to the rising rate of cybercrime, which drives market growth in the near future, there is a significant demand for VPN solutions. The European region's virtual private network market is expected to see rapid growth over the forecast period. Whereas the Asia Pacific region's developing countries, such as Japan, China, and India, are developing markets for virtual private network solutions, due to the growing I.T. sector, and diverse industry and business verticals with significant demand for VPN solutions. Over the study era, the APAC area is poised to witness the fastest CAGR.
Browse More Details on Report at:
The key market players in the global virtual private network market are CyberGhost S.A. (Romania),), Microsoft Corporation (U.S), Purevpn (Hong Kong), NordVPN (Panama), IPVanish (U.S), Golden Frog, GmbH (Switzerland), Private Internet Access (U.S Buffered VPN (Hungary), SaferVPN (Israel), NetGear, Inc. (the U.S) and among others.
October 2019: Mozilla, a leading non-profit organization that provides internet solutions, announced the launch of its virtual private network's beta version accessible by users.
+1 646 845 9312
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Virtual Private Network (VPN) Market 2020: Overview, Growth, Opportunities and Development 2023 by Leading Top Player NordVPN, IPVanish, Golden Frog, SaferVPN, NetGear and Others here
News-ID: 2101110 • Views: 222
More Releases from Market Research Future (MRFR)
Content Delivery Network Market 2020| Growth Potentials, Trends, Company Profile …
Industry Insight: The fast uptake and development of a content delivery network are progressively becoming a crucial component of any enterprise. Market Research Future predicts the potentiality of the global Content Delivery Network market 2020. It can achieve a high valuation by the year 2023. Such a high valuation will garner at a growth rate of 26.5% in the forecast years (2018 to 2024). Get Free Sample at: https://www.marketresearchfuture.com/sample_request/2796 Top Impacting Factors: The market
Next Generation Wireless Communication Market 2020: Analysis by Recent Trends, S …
Market Synopsis: As per the analysis by the Market Research Future Reports (MRFR), the global next-generation wireless communication market is likely to grow at a significant CAGR during the review period. The increasing adoption of consumer electronics is driving the global next-generation wireless communication market 2020. With the constant developments in the internet and other communication technologies, the communication market has enhanced significantly. Next-generation communication is the most excellent example of
Lighting Control System Market 2020| Global Size, Share, Trends, Covid-19 Effect …
Market Overview: In its research report, Market Research Future (MRFR), asserts that the global market 2020 is slated to grow exponentially, securing a substantial market valuation of USD 39 billion by 2023, and a healthy 18% CAGR over the review period. Get Free Sample at: https://www.marketresearchfuture.com/sample_request/3822 Drivers and Restraints: The factors that contribute to the growth of the market for lighting control systems are the rising demand for energy-efficient products, technological advances, increased
Digital Signal Processor (DSP) Market 2020| Leading Growth Drivers, Size, Share, …
Market Synopsis: The increasing development in technologies and the area of wireless infrastructure is enhancing the global digital signal processors market 2020. Consumer electronics, communication, automotive, surveillance, Nanotechnology, and automotive are some of the major application areas where DSP provides benefits that aids in expanding the market. DSP has proven to be lucrative to the high-performance communication system resulting in increased demand from the telecom industry. From the last few years,
More Releases for VPN
Exclusive Report Virtual Private Network (VPN) Market 2019 Growing with Major Em …
Virtual Private Network (VPN) Market 2019 Industry Research Report study provides information on market trends and development, drivers, capacities, technologies, and on the changing dynamics of Virtual Private Network (VPN) Market. A thorough analysis of these elements has been accepted for defining the future growth prospects of the global Virtual Private Network (VPN) market. Get Sample Copy of this Report -https://www.orianresearch.com/request-sample/1011752 Market Overview: The Global Virtual Private Network (VPN) market 2019 research
Virtual Private Network (VPN) Market | Size | Analysis | Share | Outlook by key …
MarketResearchNest.com adds “Global Virtual Private Network (VPN) Market 2019 by Company, Regions, Type and Application, Forecast to 2024” new report to its research database. The report spread across in 121 pages with table and figures in it. A virtual private network (VPN) extends a private network across a public network, and enables users to send and receive data across shared or public networks as if their computing devices were directly connected
Firewall And Virtual Private Network (VPN) Market 2019 Precise Outlook - TorGuar …
Global Firewall And Virtual Private Network (VPN) Market Insights, Forecast To 2025 This report tracks the major market events including product launches, development trends, mergers & acquisitions and the innovative business strategies opted by key market players. Along with strategically analyzing the key markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the Firewall And Virtual Private Network (VPN) market. This research report offers in-depth analysis
VPN One Click launches PrivateVPN
VPN One Click launches PrivateVPN PrivateVPN offers users dedicated VPN server and a Dedicated IP Address VPN One Click a popular VPN service with over 20 million customers globally and servers spread across over 41 countries has launched a special VPN service called PrivateVPN. The newly launched PrivateVPN by VPN One Click allows users to connect to a dedicated VPN server having a dedicated IP address. VPN One Click was founded in
VPN Software Market Trending Technologies, Remarkable Developments and Key Playe …
Marketprognosis.com Publish a New Market Research Report On “Global VPN Software Market Size, Status and Forecast 2025” which contains global key player’s survey information and forecast to 2025. Overview of the Global VPN Software Market: The report spread across 101 pages is an overview of the Global VPN Software Market Size, Status and Forecast 2025. These report study based on the VPN Software Market. It is a complete overview of the market,
Virtual Private Network (VPN) Global Market Forecast to 2023 : Nord VPN, TorGuar …
Research By Markets / Press Release / Information Technology, "Global Virtual Private Network (VPN) Market by Manufacturers, Countries, Type and Application, Forecast to 2023", 106 Pages, 11 Companies Profiled. This report focuses on the Virtual Private Network (VPN) in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. TOC and List of Tables &