Press release
Virtual Private Network Market Share, Trends, Industry Analysis, Report, 2022-2027
The latest research study "Virtual Private Network Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that the global virtual private network market reached a value of US$ 31.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 77.8 Billion by 2027, exhibiting a CAGR of 15.60% during 2022-2027.Request a Free PDF Sample for more detailed market insights: https://www.imarcgroup.com/virtual-private-network-market/requestsample
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Virtual private networks (VPNs) refer to a source that enables secure communication between multiple group members while maintaining privacy by using a tunneling protocol with security procedures. They provide an encrypted link that allows customers to connect to the public internet network.
Some common technologies utilized by VPNs include virtual circuits (VC), frame relay (FR), asynchronous transfer mode (ATM), and multiprotocol label switching (MPLS). They offer high privacy and security by masking the internet protocol (IP) address of the users to make their online actions virtually untraceable. As a result, VPNs are gaining immense traction among businesses for large-scale applications across the globe.
Virtual Private Network Market Trends and Drivers:
The global virtual private network market is primarily driven by the increasing product applications in numerous industries due to the rising risks of cyberattacks and data breaches and surging penetration of high-speed internet.
Moreover, the shifting consumer preferences toward video and web conferencing solutions for communication amid the coronavirus disease (COVID-19) outbreak is positively influencing the market growth. Additionally, the escalating demand for highly secure technologies to safeguard business transactions and data has catalyzed market growth.
Besides this, the surging adoption of media streaming services is contributing to market growth. Furthermore, the increasing incidences of theft of financial and personal information have augmented the product demand. Other factors, including the growing demand for online and remote education, ongoing research and development (R&D) activities, and product innovations, are also anticipated to drive the market further.
Global Virtual Private Network Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Array Networks Inc., Avast Software s.r.o., BlackBerry Limited, Check Point Software Technologies Ltd., Cisco Systems Inc., Citrix Systems Inc., CyberGhost S.R.L., Google LLC, International Business Machines Corporation, Juniper Networks Inc., Microsoft Corporation and NetMotion Software (Absolute Software Corporation).
The report has segmented the market on the basis of region, component, type, deployment mode and end use industry.
Breakup by Component:
• Hardware
• Software and Services
Breakup by Type:
• Remote Access VPN
• Site-to-Site VPN
• Others
Breakup by Deployment Mode:
• On-premises
• Cloud-based
Breakup by End Use Industry:
• BFSI
• Healthcare
• IT
• Government
• Manufacturing
• Others
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/virtual-private-network-market
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Other Research Report of IMARC Group:
Feed Software Market Report 2022-2027: https://www.imarcgroup.com/feed-software-market
High-performance Computing (HPC) Market Report 2022-2027: https://www.imarcgroup.com/high-performance-computing-market
Artificial Intelligence Chip Market Report 2022-2027: https://www.imarcgroup.com/artificial-intelligence-chip-market
Hadoop Big Data Analytics Market Report 2022-2027: https://www.imarcgroup.com/hadoop-big-data-analytics-market
Hybrid Memory Cube Market Report 2022-2027: https://www.imarcgroup.com/hybrid-memory-cube-market
Contact Us:
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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