Press release
Emerging Trends to Drive Cloud Virtual Private Network Market Growth at 22.7% CAGR Through 2029
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Cloud Virtual Private Network Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the market size of the cloud virtual private network has seen enormous growth. The market, which stood at $11.7 billion in 2024, is projected to expand to $14.3 billion in 2025, reflecting a compound annual growth rate (CAGR) of 22.2%. This significant growth during the historical period can be credited to factors like the globalisation of businesses, enhancement in user experience, the requirement for higher connection speeds, increasing demand for superior customer support services, a surge in awareness regarding cyber threats, and the need for secure access control.
Cloud Virtual Private Network Market Size Forecast: What's the Projected Valuation by 2029?
The market for cloud virtual private networks is projected to witness an exponential surge in its size over the coming years, with estimations predicting it to reach $32.41 billion by 2029, growing at a compound annual growth rate of 22.7%. This forthcoming progress can be ascribed to an increased reliance on cloud services, the financial efficiency provided by VPN solutions, the shift of business proceedings to cloud-based platforms, and the necessity for safe and dependable VPN connectivity. The imminent advancements in VPN technologies, the requirement for enhanced encryption protocols, the advent of inventive authentication techniques, and the escalating demand for data privacy and confidentially are some of the major trends that will shape the market in the forecasted period. The drive towards innovation by technology companies is another significant factor.
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What Are the Drivers Transforming the Cloud Virtual Private Network Market?
The anticipated rise in work-from-home practices is predicted to enhance the expansion of the cloud virtual private network market in the future. The term work-from-home pertains to job scenarios where employees aren't bound to operate within a conventional office environment. The push for this remote work structure is motivated by factors like adaptability, improved efficiency, decreased commute-related stress, and the pursuit of a superior work-life equilibrium. This transition to remote working necessitates the use of cloud-based VPNs, which allow workers to securely connect to their company's network and resources from any place, guaranteeing data confidentiality and promoting smooth collaboration. For instance, a study issued by AT&T, a US-based telecom firm, in February 2022 indicates that the adoption of a hybrid working model, wherein employees will work both remotely and from the office, is forecasted to rise from 42% in 2021 to 81% in 2024. Consequently, the escalating adoption of work-from-home practices is fuelling the growth of the cloud VPN market.
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What Long-Term Trends Will Define the Future of the Cloud Virtual Private Network Market?
Leading corporations in the cloud virtual private network market are concentrating on the creation of cutting-edge solutions, like cloud VPN concentrators, to supply secure and trustworthy cloud VPN networking services at a reasonable cost. This technology provides secure management and fosters communication between various remote devices or networks via the Internet. For example, Netgate, a US-based company focused on secured open-source networking, introduced the TNSR high-performance VPN concentrator in January 2024. This solution presents route-based VPN solutions suitable for edge, cloud and multi-cloud settings, delivering high-performance IPsec site-to-site VPNs or remote access through mobile IPsec or WireGuard. The key features include easy installation, user-friendly management interfaces, stable security, and round-the-clock technical assistance.
Which Segments in the Cloud Virtual Private Network Market Offer the Most Profit Potential?
The cloud virtual private networkmarket covered in this report is segmented -
1) By Type: Remote Access Virtual Private Network, Site-To-Site Virtual Private Network
2) By Product Type: Software, Services
3) By Enterprise Size: Small And Medium Enterprise, Large Enterprise
4) By End-User Industries: Government And Public Utilities, Information Technology And Telecommunication, Banking, Financial Services And Insurance (BFSI), Healthcare, Retail, Manufacturing, Other End-User Industries
Subsegments:
1) By Remote Access Virtual Private Network: Client-Based VPN, Clientless VPN
2) By Site-To-Site Virtual Private Network: Intranet-Based Site-To-Site VPN, Extranet-Based Site-To-Site VPN
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Which Firms Dominate the Cloud Virtual Private Network Market by Market Share and Revenue in 2025?
Major companies operating in the cloud virtual private network market are Huawei Technologies Co. Ltd., Amazon Web Services, Tencent Holdings Limited, Microsoft Azure, Panasonic Corporation, Intel Corporation, International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, SAP SE, Toshiba Corporation, Google Cloud, NEC Corporation, Samsung Electronics Co. Ltd., VMware Inc., Singapore Telecommunications Limited, ServiceNow Inc., Palo Alto Networks Inc., OpenText Corporation, Array Networks Inc., Lumen Technologies Inc., Surfshark, SoftEther VPN, Contemporary Control Systems Inc., Cohesive Networks LLC, Robustel, SonicWall
Which Regions Offer the Highest Growth Potential in the Cloud Virtual Private Network Market?
North America was the largest region in the cloud 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 cloud virtual private network market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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