Virtual Private Network Market to Booming Anticipated Grow at 17.2% CAGR Revenue to Cross USD 180.17 Billion By 2032

𝐕𝐢𝐫𝐭𝐮𝐚𝐥 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐍𝐞𝐭𝐰𝐨𝐫𝐤 𝐌𝐚𝐫𝐤𝐞𝐭

The global virtual private network market was valued at USD 44.01 billion in 2023. Looking forward, Polaris Market Research predicts the market to reach USD 180.17 billion by 2032, exhibiting a growth rate (CAGR) of 17.2% from 2024 to 2032. It is expected that growing concerns about the security of data transferred over public internet connections will drive industry expansion.

𝐆𝐞𝐭 𝐚𝐧 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/virtual-private-network-market/request-for-sample

𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧

A virtual private network, or VPN, establishes a private network connection between devices using the Internet. It allows users to send data over public networks anonymously and securely. VPNs function by hiding user IP addresses and encrypting data to prevent unauthorized users from deciphering it.

Also, a VPN creates secure connections over the Internet to expand a corporate network. Traffic stays private while it travels because it is encrypted between the device and the network. An employee can safely access the company network while working remotely. VPN connections are possible even for tablets and smartphones.

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

Businesses have placed a lot of emphasis on a number of strategic activities, such as mergers, acquisitions, partnerships, and collaborations. Some of the key players operating in the market are:

• Avast Software s.r.o.
• BlackBerry Limited.
• Cisco Systems, Inc.
• Citrix Systems, Inc.
• CyberGhost S.R.L.
• Google LLC
• IBM Corporation
• Absolute Software Corporation.
• Opera Holdings
• WatchGuard Technologies, Inc.

𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/buy/3772/2

𝐕𝐢𝐫𝐭𝐮𝐚𝐥 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐍𝐞𝐭𝐰𝐨𝐫𝐤 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬

• Cloud segment garnered the largest revenue share in 2023, primarily due to its scalability and user-friendliness.

• Software held the largest share and will grow at the fastest pace during the forecast period, on account of its applicability in the varied verticals.

• North America emerged as the largest region in 2023, primarily due to the presence of major VPN providers and several start-ups providing VPN solutions.

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬

● The use of virtual private networks to get over internet censorship is growing in popularity. Even though some nations, including China and Russia, now forbid using VPNs, the virtual private network market is nevertheless expanding rapidly.

● Virtual private network adoption is growing, which is improving productivity and helping end-user businesses become more goal-oriented. Due to the growing popularity of VPNs, more companies are entering the market and providing specialized services and solutions for particular use cases.

𝐑𝐞𝐠𝐢𝐨𝐧 𝐖𝐢𝐬𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬

The major regions covered in the report are Europe, North America, Latin America, Asia Pacific, Middle East & Africa.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐓𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭, 𝐡𝐞𝐫𝐞: https://www.polarismarketresearch.com/industry-analysis/virtual-private-network-market

𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐇𝐚𝐬 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐭𝐡𝐞 𝐕𝐢𝐫𝐭𝐮𝐚𝐥 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐍𝐞𝐭𝐰𝐨𝐫𝐤 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐁𝐚𝐬𝐞𝐝 𝐎𝐧 𝐂𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭, 𝐓𝐲𝐩𝐞, 𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐢𝐯𝐢𝐭𝐲, 𝐃𝐞𝐩𝐥𝐨𝐲𝐦𝐞𝐧𝐭, 𝐀𝐧𝐝 𝐄𝐧𝐝 𝐔𝐬𝐞:

Virtual Private Network, Component Outlook (Revenue - USD Billion, 2019 - 2032)
• Hardware
• Software
• Services

Virtual Private Network, Type Outlook (Revenue - USD Billion, 2019 - 2032)
• Hosted
• IP
• MPLS

Virtual Private Network, Connectivity Outlook (Revenue - USD Billion, 2019 - 2032)
• Site-to-site
• Remote access
• Extranet

Virtual Private Network, Deployment Outlook (Revenue - USD Billion, 2019 - 2032)
• Cloud
• On-premise

Virtual Private Network, End Use Outlook (Revenue - USD Billion, 2019 - 2032)
• Commercial
• Individual
• Service providers

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Parking Management Systems Market: https://www.polarismarketresearch.com/industry-analysis/parking-management-systems-market

Over-The-Top Devices and Services Market: https://www.polarismarketresearch.com/industry-analysis/over-the-top-devices-and-services-market

Picture Archiving and Communication Systems Market: https://www.polarismarketresearch.com/industry-analysis/picture-archiving-and-communication-systems-pacs-market

Cryptocurrency Market: https://www.polarismarketresearch.com/industry-analysis/cryptocurrency-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐈𝐧𝐟𝐨:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

This release was published on openPR.