The Surge In Cyberattacks Fueling Growth In The Virtual Private Network (VPN) Market: Key Factor Driving The Growth In The Virtual Private Network (VPN) Market

The Virtual Private Network (VPN) Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Expected Virtual Private Network (VPN) Market Size During the Forecast Period?
In the past few years, the virtual private network (VPN) market has seen swift expansion. Its size is anticipated to progress from $61.42 billion in 2024 to $71.66 billion in 2025, with a compound annual growth rate (CAGR) of 16.7%. Factors contributing to its growth during the historical period include data privacy regulations, heightened online surveillance, the quest for online liberty, evasion of censorship, blended work patterns, and strict data protection legislation.

The market size of the virtual private network (VPN) is anticipated to witness substantial growth in the coming years. It's projected that by 2029, the market will reach $154.09 billion, expanding at a compound annual growth rate (CAGR) of 21.1%. The projected growth in this period can be ascribed to the shift towards zero trust security models, emphasis on endpoint security, increased privacy advocacy and consciousness, industry-specific security guidelines, and the rise of hybrid work models. During the forecast period, the significant trends to watch include improved user authentication procedures, greater collaboration with cybersecurity platforms, synergy with next-generation firewalls, cross-sector collaboration for threat intelligence, an emphasis on network performance, and amalgamation with secure web gateways, dynamic access policies.

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What Are the High-Growth Segments in the Virtual Private Network (VPN) Market?
The virtual private network (VPN) market covered in this report is segmented -

1) By Type: IP VPN, Mobile VPN, Cloud VPN, Multiprotocol Label Switching (MPLS)
2) By Component: Solution, Services
3) By Connectivity: Site-To-Site, Remote Access, Extranet
4) By Deployment: Cloud, On-Premise
5) By End-User: BFSI, Manufacturing, Healthcare, Telecom And IT, Government, Other End Users

Subsegments:
1) By IP VPN: Site-To-Site IP VPN, Remote Access IP VPN, Mobile VPN
2) By Mobile VPN: Client-Based Mobile VPN, Network-Based Mobile VPN
3) By Cloud VPN: Cloud-Based IPsec VPN, SSL VPN
4) By Multiprotocol Label Switching (MPLS): MPLS Layer 2 VPN, MPLS Layer 3 VPN

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What Key Drivers Are Expected to Influence Future Virtual Private Network (VPN) Market Growth?
The anticipated rise in cyberattacks is predicted to fuel the expansion of the virtual private network market in the forthcoming years. VPN technologies are increasingly becoming a choice for large corporations due to their ability to securely transmit data and diminish the likelihood of cyberattacks. For example, the Department of Defence Australia, a government department based in Australia, reported on November 20, 2023, that the Australian Cyber Security Centre had received more than 94,000 cybercrime reports during the fiscal year of 2022-2023. This figure represents a 23% increase compared to the previous fiscal year, 2021-22. Therefore, the surge in cyberattacks is catalyzing the growth of the virtual private network market.

Which Companies Hold the Largest Share Across Different Virtual Private Network (VPN) Market Segments?
Major companies operating in the virtual private network (VPN) market include Check Point Software Technologies Ltd., Cisco Systems Inc., Golden Frog GmbH, Juniper Networks Inc., Microsoft Corporation, Safer Social Ltd., Avast Software s. r. o., Citrix Systems Inc., Sectra AB, Google LLC, International Business Machines Corporation, NetMotion Software Inc., WatchGuard Technologies Inc., Array Networks Inc., NCP Engineering GmbH, BlackBerry Limited, Smith Micro Software Inc., GZ Systems Ltd., ExpressVPN International Ltd., NordVPN S. A., Surfshark Ltd., London Trust Media Inc., CyberGhost S. A., Mudhook Media Inc., J2 Global Inc., VPNetworks LLC, ProtonVPN AG, eVenture Limited, Windscribe Limited, Mullvad AB, Edalia Srl, Perfect Privacy LLC

What Trends Are Driving Growth in The Virtual Private Network (VPN) Market?
The surge in technological developments is becoming increasingly popular in the virtual private network (VPN) market. VPN service providers are upping their investments in VPN technologies to offer seamless and high-speed internet connectivity along with remote accessibility. As an illustration, in March 2023, Brave Software Inc., an internet privacy tools company based in Canada, rolled out its Firewall + VPN service for desktops, enhancing its existing VPN services on Android and iOS. This expansion provides users with expansive cross-platform protection. Its innovative cross-device VPN subscription model allows users to connect and secure up to five devices, including Android, iOS, macOS, and Windows, all bundled under a single subscription.

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What Are the Emerging Geographies for The Virtual Private Network (VPN) Market Growth?
North America was the largest region in the virtual private network market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the virtual private network (VPN) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Virtual Private Network (VPN) Market?
2. What is the CAGR expected in the Virtual Private Network (VPN) Market?
3. What Are the Key Innovations Transforming the Virtual Private Network (VPN) Industry?
4. Which Region Is Leading the Virtual Private Network (VPN) Market?

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