Virtual Private Network (VPN) Market Poised to Hit $151.1 Billion by 2029 with Accelerating Growth Trends

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Virtual Private Network (VPN) Market Size Growth Forecast: What to Expect by 2025?
The size of the virtual private network (vpn) market has experienced significant growth over the past few years. The market is projected to rise from $61.42 billion in 2024 to $71.25 billion in 2025, with a compound annual growth rate (CAGR) of 16.0%. The surge during the historic period is due to factors such as data privacy legislation, enhanced internet surveillance, online independence and evasion of censorship, the adoption of hybrid work models, and strict data protection regulations.

How Will the Virtual Private Network (VPN) Market Size Evolve and Grow by 2029?
In the coming years, the market size for virtual private networks (vpn) is anticipated to experience significant growth, expanding to a worth of $151.1 billion in 2029 with a compound annual growth rate (CAGR) of 20.7%. This projected expansion during the forecast period can be traced back to several factors, including the transition to zero trust security models, heightened emphasis on endpoint security, a rise in privacy advocacy and awareness, industry-targeted security regulations, and the advent of hybrid work models. The forecast period is also expected to see several prominent trends such as improved methods of user authentication, enhanced cooperation with cybersecurity platforms, the amalgamation with next-generation firewalls, cross-sector collaboration for threat intelligence, a heightened focus on network performance, and integration with secure web gateway and dynamic access policies.

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What Drivers Are Propelling the Growth of Virtual Private Network (VPN) Market Forward?
The escalation in cyberattacks is anticipated to fuel the expansion of the virtual private network market in the forthcoming years. Major corporations are incorporating VPN technologies for securely transferring data and mitigating the threat of cyberattacks. For instance, the Department of Defence Australia, a government department based in Australia, reported on November 20, 2023, that the Australian Cyber Security Centre got over 94,000 cybercrime reports in the fiscal year 2022-2023. This marked a 23 percent jump from the prior year, 2021-22. Consequently, the surge in cyberattacks spurs the growth of the virtual private network market.

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Which Emerging Trends Are Transforming the Virtual Private Network (VPN) Market in 2025?
Technological advancements are experiencing a surge in acceptance within the virtual private network (VPN) market. Providers of virtual private networks are investing more funds into VPN technologies with the aim of offering seamless internet connectivity and remote access capabilities. For example, Brave Software Inc., an internet privacy tools provider based in Canada, rolled out its Firewall + VPN service to cater to desktop users in March 2023, adding to the VPN services they already offer on Android and iOS platforms. This extension provides users with comprehensive security across multiple platforms. This new VPN subscription model allows users to connect and secure a maximum of five devices, which could include Android, iOS, macOS, and Windows, under a single subscription.

What Are the Key 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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Who Are the Key Players Shaping the Virtual Private Network (VPN) Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth in the Virtual Private Network (VPN) Market?
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

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