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Virtual Private Network Market by Component (Solution and Services), Type (Remote Access VPN, Site-to-Site VPN, and Others), Deployment (Cloud and On-premise), and End User (Commercial Users and Individual Users): Global Opportunity Analysis and Industry Forecast, 2020–2027

A05512
Pages: 230
Dec 2020 | 4825 Views
   
Author(s) : Vishwa Gaul
Tables: 60
Charts: 26
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Virtual Private Network Market Statistics: 2027

The global virtual private network (VPN) market was valued at $25.41 billion in 2019, and is projected to reach $75.59 billion by 2027, growing at a CAGR of 14.7% from 2020 to 2027. A VPN can be defined as a way to offer secure communication between members of a group through the use of public telecommunication infrastructure, maintaining privacy through the use of a tunneling protocol and security procedures. VPNs mask users’ internet protocol (IP) address so their online actions are virtually untraceable. VPN solutions & services establish secure and encrypted connections to provide greater privacy. VPNs provisioned using technologies, such as Frame Relay and Asynchronous Transfer Mode (ATM) virtual circuits (VC), have been available for a long time. However, from last few years, IP and Multiprotocol Label Switching (MPLS)-based VPNs have become more common.

Post COVID-19 emergence, virtual private network solution segment led the global VPN market owing to increasing demand for providing secure working environment while working from home, as employees are relying on internet from remote workplaces and increase in number of data breaches, and accessing restricted digital media content, news and media outlet across different regions.

Increase in data security concerns, rise in advanced & complex cyber threats, and upsurge in usage of mobile & wireless devices within organizations are the major factors that fuel the growth of the virtual private network market. In addition, increase in need for remote accessibility propels the growth of this market. However, lack of expertise in virtualization is expected to hinder the VPN market growth. On the contrary, increased adoption of private clouds is expected to provide lucrative opportunities for the virtual private network market growth in the coming years.

Virtual-Private-Network-(VPN)-Market-2020-2027

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On the basis of component, the solution segment dominated the overall virtual private network market size in 2019. This is attributed to the advantages of virtual private network solution such as hiding online identity, bypassing geo-blocks, preventing bandwidth throttling, avoiding online price discrimination, accessing region-blocked services, providing network scalability and offering cheaper leased-line alternatives.

According to end user, the commercial users segment accounted for the highest virtual private network market share in the global market in 2019. This is attributed to growing focus on establishing secure networking environment for businesses, increasing number of data breaches, and escalating cyber threats.

In 2019, North America accounted for the highest virtual private network market share, due to high spending on network security in this region. In addition, large presence of key market vendors in North America also propels the market growth in this region. Moreover, increase in demand from sectors, such as BFSI and telecom, among other industry verticals in North America acts as the key driving factors of the North America virtual private network market.

The emergence of COVID-19 is expected to have a considerable impact on the growth of the virtual private network market. The spending on the virtual private network industry is expected to upsurge compared to the spending planned before this pandemic, owing to multiple factors such as rise in number of cyber-attacks, increase in focus of offering data security especially after the rapid adoption of work from home culture, and growth in spending on networking infrastructure. After the COVID-19 outbreak, many organizations have started preferring private networks over public network usage. For instance, according to information published by ExpressVPN in March 2020, over 20% rise in private network usage in Mexico was indicated along with additional usage of up to 2 hours per day for business private networks compared to the pre-pandemic stage.

Virtual Private Network Market
By Component

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Virtual private network Solution segment is projected as one of the most lucrative segments during the forecast period.

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In addition, fraudulent activities by hackers also accelerated during this pandemic while corporate companies as well as individual users are being affected by such activities. Therefore, with the emergence of COVID-19, the use of virtual private network is expected to enable enterprises and individual users to establish a safe & secure connection on internet and maintain privacy of the critical data even while working remotely during the pandemic period.

The report focuses on the growth prospects, restraints, and the global virtual private network market trends. Moreover, the study includes Porter’s five forces analysis of the industry to understand the impact of various factors, such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers, on the growth of the virtual private network market.

Virtual Private Network Market
By Type

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Remote Access VPN segment accounted for the highest market share in 2019.

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Segment review

The global virtual private network market is segmented into component, type, deployment, end user, and region. By component, it is divided into solution and services. According to type, the virtual private network market is segregated into remote access VPN, site-to-site VPN, and others. Depending on deployment, it is categorized into on-premise and cloud. As per end user, it is fragmented into commercial users and individual users. Commercial users are further classified into sub-segments such as BFSI, telecom & IT, government, healthcare, manufacturing and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the global virtual private network market analysis include Avast Software S.R.O., Checkpoint Software Inc., Cisco System Inc., Golden Frog GmbH, IBM Corporation, Juniper Networks Inc., Microsoft Corporation, NetMotion Software Inc., NordVPN, and Radio IP Software Inc.

Virtual Private Network Market
By Deployment Mode

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Cloud deployment mode segment accounted for the highest share in 2019.

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Top impacting factors

Upsurge in usage of mobile and wireless devices

Dropping prices for consumer devices and data plans have driven organizations to adopt more mobile devices into their workplace. Keeping connections secure and persistent is a necessity while employees are using mobile devices for working purposes. Currently, most of the employees can access any business application and connect to their corporate networks from anywhere through mobile applications in smartphones, laptops, tablets, and netbooks. As more and more work transactions are processed through mobile devices, security becomes a major concern. Mobile VPN technology and other mobile security products are expected to be crucial components as more mobile devices enter the workplace. Furthermore, the VPN market is witnessing growth as enterprises are adopting BYOD polices to increase performance while reducing costs. Private network tool confirms that remote workforce is securely connected to enterprise networks accompanied by protecting BYOD devices from malicious cyber-attacks.

Rise in advanced and complex cyber threats

The internet has become a universal platform for conducting business. As a result, attackers have targeted the internet to conduct theft and fraud. Mobile devices are not immune from this trend and both consumers and organizations are looking for products to secure transactions conducted on internet from outside the organization. Even though mobility allows workers to exhibit improved productivity, organizations have become more concerned about hackers accessing corporate networks by posing as remote employees. Cybercriminals have demonstrated that they can easily take advantage of users connecting through hotspots or through unsecured connections while organizations have little defense against these kinds of attacks. Hackers are constantly looking for new vulnerabilities to exploit, and enterprises need to be prepared for these zero-day attacks. Using encrypted sessions and enforcing organizational policies on the mobile endpoint help to prevent these attacks.

Virtual Private Network Market
By End User

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Commercial Users segment is projected to be one of the most significant segments during the forecast period.

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Growing need for remote accessibility

As a result of COVID-19, companies have already begun to shift their digital transformation priorities and focus to handle changes in network needs. VPN connections are essential for employees when working remotely and are often the IT team’s first stage in enabling a virtual workforce.

For remote employees, the ability to access data at all times is critical. Businesses have facilitated their employees to be able to log on from any location. The ability to access the internet through enhanced wireless technologies has allowed applications to be downloaded onto mobile devices. In addition, employees use more applications than originally intended. As more applications are available for mobile or wireless devices, enterprises utilize these VPN applications to increase efficiency and enhance productivity, thereby driving the growth of the VPN market.

Virtual Private Network Market
By Region

2027
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific would exhibit the highest CAGR of 17.4% during 2020-2027.

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Key benefits for stakeholders

  • This study includes the analytical depiction of the virtual private network market forecast and trends to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and virtual private network market opportunity.
  • The current market size is quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the virtual private network market.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the virtual private network market.

Key Market Segments

By Component

  • Solution
  • Services

By Type    

  • Remote Access VPN
  • Site-to-Site VPN
  • Others

By Deployment     

  • Cloud    
  • On-premise

By End User

  • Commercial Users
  • BFSI
  • Manufacturing
  • Healthcare
  • Telecom & IT
  • Government
  • Others
  • Individual Users

By Region

  • North America
    • U.S.
    • Canada
  • Europe 
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific 
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key market players

  • Avast Software S.R.O.
  • Cisco Systems Inc.
  • IBM Corporation
  • Juniper Networks
  • Microsoft Corporation
  • NetMotion Software Inc.
  • Radio IP Software Inc.
  • NordVPN
  • Checkpoint Software Inc.
  • Golden Frog, GmbH
 

CHAPTER 1:  INTRODUCTION

1.1.REPORT DESCRIPTION
1.2.KEY MARKET SEGMENTS
1.3.KEY BENEFITS
1.4.RESEARCH METHODOLOGY

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO PERSPECTIVE

CHAPTER 3:MARKET LANDSCAPE

3.1.MARKET DEFINITION AND SCOPE
3.2.KEY FINDINGS

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.PORTER'S FIVE FORCES ANALYSIS

3.3.1.Bargaining power of suppliers
3.3.2.Threat of new entrants
3.3.3.Threat of substitutes
3.3.4.Competitive rivalry
3.3.5.Bargaining power among buyers

3.4.MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING
3.5.MARKET DYNAMICS

3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities

3.6.COVID-19 IMPACT ANALYSIS

3.6.1.Impact on Market size
3.6.2.Consumer trends, preferences, and budget impact
3.6.3.Regulatory Framework
3.6.4.Economic Impact
3.6.5.Key player strategies to tackle negative impact
3.6.6.Opportunity window (due to COVID Outbreak)

CHAPTER 4:VIRTUAL PRIVATE NETWORK MARKET BY COMPONENT

4.1.OVERVIEW
4.2.SOLUTION

4.2.1.Key market trends, Growth factors and opportunities
4.2.2.Market size and forecast by region
4.2.3.Market analysis by country

4.3.SERVICES

4.3.1.Key market trends, Growth factors and opportunities
4.3.2.Market size and forecast by region
4.3.3.Market analysis by country

CHAPTER 5:VIRTUAL PRIVATE NETWORK MARKET BY TYPE

5.1.OVERVIEW
5.2.REMOTE ACCESS VPN

5.2.1.Key market trends, Growth factors and opportunities
5.2.2.Market size and forecast by region
5.2.3.Market analysis by country

5.3.SITE TO SITE VPN

5.3.1.Key market trends, Growth factors and opportunities
5.3.2.Market size and forecast by region
5.3.3.Market analysis by country

5.4.OTHERS

5.4.1.Key market trends, Growth factors and opportunities
5.4.2.Market size and forecast by region
5.4.3.Market analysis by country

CHAPTER 6:VIRTUAL PRIVATE NETWORK MARKET BY DEPLOYMENT

6.1.OVERVIEW
6.2.CLOUD

6.2.1.Key market trends, Growth factors and opportunities
6.2.2.Market size and forecast by region
6.2.3.Market analysis by country

6.3.ON PREMISE

6.3.1.Key market trends, Growth factors and opportunities
6.3.2.Market size and forecast by region
6.3.3.Market analysis by country

CHAPTER 7:VIRTUAL PRIVATE NETWORK MARKET BY END USER

7.1.OVERVIEW
7.2.COMMERCIAL USERS

7.2.1.Key market trends, Growth factors and opportunities
7.2.2.BFSI
7.2.3.Manufacturing
7.2.4.Healthcare
7.2.5.Telecom and IT
7.2.6.Government
7.2.7.Others
7.2.8.Market size and forecast by region
7.2.9.Market analysis by country

7.3.INDIVIDUAL USERS

7.3.1.Key market trends, Growth factors and opportunities
7.3.2.Market size and forecast by region
7.3.3.Market analysis by country

CHAPTER 8:VIRTUAL PRIVATE NETWORK MARKET BY REGION

8.1.OVERVIEW
8.2.NORTH AMERICA

8.2.1.Key market trends and opportunities
8.2.2.Market size and forecast by Component
8.2.3.Market size and forecast by Type
8.2.4.Market size and forecast by Deployment
8.2.5.Market size and forecast by End User
8.2.6.Market size and forecast by Country
8.2.7.U.S. VIRTUAL PRIVATE NETWORK MARKET

8.2.7.1.Market size and forecast by Component
8.2.7.2.Market size and forecast by Type
8.2.7.3.Market size and forecast by Deployment
8.2.7.4.Market size and forecast by End User

8.2.8.CANADA VIRTUAL PRIVATE NETWORK MARKET

8.2.8.1.Market size and forecast by Component
8.2.8.2.Market size and forecast by Type
8.2.8.3.Market size and forecast by Deployment
8.2.8.4.Market size and forecast by End User

8.3.EUROPE

8.3.1.Key market trends and opportunities
8.3.2.Market size and forecast by Component
8.3.3.Market size and forecast by Type
8.3.4.Market size and forecast by Deployment
8.3.5.Market size and forecast by End User
8.3.6.Market size and forecast by Country
8.3.7.UK VIRTUAL PRIVATE NETWORK MARKET

8.3.7.1.Market size and forecast by Component
8.3.7.2.Market size and forecast by Type
8.3.7.3.Market size and forecast by Deployment
8.3.7.4.Market size and forecast by End User

8.3.8.GERMANY VIRTUAL PRIVATE NETWORK MARKET

8.3.8.1.Market size and forecast by Component
8.3.8.2.Market size and forecast by Type
8.3.8.3.Market size and forecast by Deployment
8.3.8.4.Market size and forecast by End User

8.3.9.FRANCE VIRTUAL PRIVATE NETWORK MARKET

8.3.9.1.Market size and forecast by Component
8.3.9.2.Market size and forecast by Type
8.3.9.3.Market size and forecast by Deployment
8.3.9.4.Market size and forecast by End User

8.3.10.REST OF EUROPE VIRTUAL PRIVATE NETWORK MARKET

8.3.10.1.Market size and forecast by Component
8.3.10.2.Market size and forecast by Type
8.3.10.3.Market size and forecast by Deployment
8.3.10.4.Market size and forecast by End User

8.4.ASIA-PACIFIC

8.4.1.Key market trends and opportunities
8.4.2.Market size and forecast by Component
8.4.3.Market size and forecast by Type
8.4.4.Market size and forecast by Deployment
8.4.5.Market size and forecast by End User
8.4.6.Market size and forecast by Country
8.4.7.CHINA VIRTUAL PRIVATE NETWORK MARKET

8.4.7.1.Market size and forecast by Component
8.4.7.2.Market size and forecast by Type
8.4.7.3.Market size and forecast by Deployment
8.4.7.4.Market size and forecast by End User

8.4.8.INDIA VIRTUAL PRIVATE NETWORK MARKET

8.4.8.1.Market size and forecast by Component
8.4.8.2.Market size and forecast by Type
8.4.8.3.Market size and forecast by Deployment
8.4.8.4.Market size and forecast by End User

8.4.9.JAPAN VIRTUAL PRIVATE NETWORK MARKET

8.4.9.1.Market size and forecast by Component
8.4.9.2.Market size and forecast by Type
8.4.9.3.Market size and forecast by Deployment
8.4.9.4.Market size and forecast by End User

8.4.10.AUSTRALIA REST OF ASIA-PACIFIC VIRTUAL PRIVATE NETWORK MARKET

8.4.10.1.Market size and forecast by Component
8.4.10.2.Market size and forecast by Type
8.4.10.3.Market size and forecast by Deployment
8.4.10.4.Market size and forecast by End User

8.5.LAMEA

8.5.1.Key market trends and opportunities
8.5.2.Market size and forecast by Component
8.5.3.Market size and forecast by Type
8.5.4.Market size and forecast by Deployment
8.5.5.Market size and forecast by End User
8.5.6.Market size and forecast by Country
8.5.7.LATIN AMERICA VIRTUAL PRIVATE NETWORK MARKET

8.5.7.1.Market size and forecast by Component
8.5.7.2.Market size and forecast by Type
8.5.7.3.Market size and forecast by Deployment
8.5.7.4.Market size and forecast by End User

8.5.8.MIDDLE EAST VIRTUAL PRIVATE NETWORK MARKET

8.5.8.1.Market size and forecast by Component
8.5.8.2.Market size and forecast by Type
8.5.8.3.Market size and forecast by Deployment
8.5.8.4.Market size and forecast by End User

8.5.9.AFRICA VIRTUAL PRIVATE NETWORK MARKET

8.5.9.1.Market size and forecast by Component
8.5.9.2.Market size and forecast by Type
8.5.9.3.Market size and forecast by Deployment
8.5.9.4.Market size and forecast by End User

CHAPTER 9:  COMPANY PROFILES

9.1.AVAST SOFTWARE S.R.O.

9.1.1.Company overview
9.1.2.Key Executives
9.1.3.Company snapshot
9.1.4.Operating business segments
9.1.5.Product portfolio
9.1.6.Business performance
9.1.7.Key strategic moves and developments

9.2.CISCO SYSTEMS INC

9.2.1.Company overview
9.2.2.Key Executives
9.2.3.Company snapshot
9.2.4.Operating business segments
9.2.5.Product portfolio
9.2.6.Business performance
9.2.7.Key strategic moves and developments

9.3.IBM CORPORATION

9.3.1.Company overview
9.3.2.Key Executives
9.3.3.Company snapshot
9.3.4.Operating business segments
9.3.5.Product portfolio
9.3.6.Business performance
9.3.7.Key strategic moves and developments

9.4.JUNIPER NETWORKS

9.4.1.Company overview
9.4.2.Key Executives
9.4.3.Company snapshot
9.4.4.Operating business segments
9.4.5.Product portfolio
9.4.6.Business performance
9.4.7.Key strategic moves and developments

9.5.MICROSOFT CORPORATION

9.5.1.Company overview
9.5.2.Key Executives
9.5.3.Company snapshot
9.5.4.Operating business segments
9.5.5.Product portfolio
9.5.6.Business performance
9.5.7.Key strategic moves and developments

9.6.NETMOTION SOFTWARE INC

9.6.1.Company overview
9.6.2.Key Executives
9.6.3.Company snapshot
9.6.4.Operating business segments
9.6.5.Product portfolio
9.6.6.Business performance
9.6.7.Key strategic moves and developments

9.7.RADIO IP SOFTWARE INC

9.7.1.Company overview
9.7.2.Key Executives
9.7.3.Company snapshot
9.7.4.Operating business segments
9.7.5.Product portfolio
9.7.6.Business performance
9.7.7.Key strategic moves and developments

9.8.NORDVPN

9.8.1.Company overview
9.8.2.Key Executives
9.8.3.Company snapshot
9.8.4.Operating business segments
9.8.5.Product portfolio
9.8.6.Business performance
9.8.7.Key strategic moves and developments

9.9.CHECKPOINT SOFTWARE INC.

9.9.1.Company overview
9.9.2.Key Executives
9.9.3.Company snapshot
9.9.4.Operating business segments
9.9.5.Product portfolio
9.9.6.Business performance
9.9.7.Key strategic moves and developments

9.10.GOLDEN FROG, GMBH

9.10.1.Company overview
9.10.2.Key Executives
9.10.3.Company snapshot
9.10.4.Operating business segments
9.10.5.Product portfolio
9.10.6.Business performance
9.10.7.Key strategic moves and developments

LIST OF TABLES

TABLE 1.GLOBAL VIRTUAL PRIVATE NETWORK MARKET, BY COMPONENT 2019-2027 ($MILLION)
TABLE 2.VIRTUAL PRIVATE NETWORK MARKET FOR SOLUTION, BY REGION,  2019-2027 ($MILLION)
TABLE 3.VIRTUAL PRIVATE NETWORK MARKET FOR SERVICES, BY REGION,  2019-2027 ($MILLION)
TABLE 4.GLOBAL VIRTUAL PRIVATE NETWORK MARKET, BY TYPE 2019-2027 ($MILLION)
TABLE 5.VIRTUAL PRIVATE NETWORK MARKET FOR REMOTE ACCESS VPN, BY REGION,  2019-2027 ($MILLION)
TABLE 6.VIRTUAL PRIVATE NETWORK MARKET FOR SITE TO SITE VPN, BY REGION,  2019-2027 ($MILLION)
TABLE 7.VIRTUAL PRIVATE NETWORK MARKET FOR OTHERS, BY REGION,  2019-2027 ($MILLION)
TABLE 8.GLOBAL VIRTUAL PRIVATE NETWORK MARKET, BY DEPLOYMENT 2019-2027 ($MILLION)
TABLE 9.VIRTUAL PRIVATE NETWORK MARKET FOR CLOUD, BY REGION,  2019-2027 ($MILLION)
TABLE 10.VIRTUAL PRIVATE NETWORK MARKET FOR ON PREMISE, BY REGION,  2019-2027 ($MILLION)
TABLE 11.GLOBAL VIRTUAL PRIVATE NETWORK MARKET, BY END USER 2019-2027 ($MILLION)
TABLE 12.VIRTUAL PRIVATE NETWORK MARKET FOR COMMERCIAL USERS, BY REGION,  2019-2027 ($MILLION)
TABLE 13.VIRTUAL PRIVATE NETWORK MARKET FOR BFSI, BY REGION,  2019-2027 ($MILLION)
TABLE 14.VIRTUAL PRIVATE NETWORK MARKET FOR  MANUFACTURING, BY REGION,  2019-2027 ($MILLION)
TABLE 15.VIRTUAL PRIVATE NETWORK MARKET FOR  HEALTHCARE, BY REGION,  2019-2027 ($MILLION)
TABLE 16.VIRTUAL PRIVATE NETWORK MARKET FOR  TELECOM AND IT, BY REGION,  2019-2027 ($MILLION)
TABLE 17.VIRTUAL PRIVATE NETWORK MARKET FOR  GOVERNMENT, BY REGION,  2019-2027 ($MILLION)
TABLE 18.VIRTUAL PRIVATE NETWORK MARKET FOR  OTHERS, BY REGION,  2019-2027 ($MILLION)
TABLE 19.VIRTUAL PRIVATE NETWORK MARKET FOR INDIVIDUAL USERS, BY REGION,  2019-2027 ($MILLION)
TABLE 20.VIRTUAL PRIVATE NETWORK MARKET FOR , BY REGION, , 2019-2027 ($MILLION)
TABLE 21.NORTH AMERICA VIRTUAL PRIVATE NETWORK, BY COMPONENT 2019-2027 ($MILLION)
TABLE 22.NORTH AMERICA VIRTUAL PRIVATE NETWORK, BY TYPE 2019-2027 ($MILLION)
TABLE 23.NORTH AMERICA VIRTUAL PRIVATE NETWORK, BY DEPLOYMENT 2019-2027 ($MILLION)
TABLE 24.NORTH AMERICA VIRTUAL PRIVATE NETWORK, BY END USER 2019-2027 ($MILLION)
TABLE 25.NORTH AMERICA VIRTUAL PRIVATE NETWORK, BY REGION,  2019-2027 ($MILLION)
TABLE 26.EUROPE VIRTUAL PRIVATE NETWORK, BY COMPONENT 2019-2027 ($MILLION)
TABLE 27.EUROPE VIRTUAL PRIVATE NETWORK, BY TYPE 2019-2027 ($MILLION)
TABLE 28.EUROPE VIRTUAL PRIVATE NETWORK, BY DEPLOYMENT 2019-2027 ($MILLION)
TABLE 29.EUROPE VIRTUAL PRIVATE NETWORK, BY END USER 2019-2027 ($MILLION)
TABLE 30.EUROPE VIRTUAL PRIVATE NETWORK, BY REGION,  2019-2027 ($MILLION)
TABLE 31.ASIA-PACIFIC VIRTUAL PRIVATE NETWORK, BY COMPONENT 2019-2027 ($MILLION)
TABLE 32.ASIA-PACIFIC VIRTUAL PRIVATE NETWORK, BY TYPE 2019-2027 ($MILLION)
TABLE 33.ASIA-PACIFIC VIRTUAL PRIVATE NETWORK, BY DEPLOYMENT 2019-2027 ($MILLION)
TABLE 34.ASIA-PACIFIC VIRTUAL PRIVATE NETWORK, BY END USER 2019-2027 ($MILLION)
TABLE 35.ASIA-PACIFIC VIRTUAL PRIVATE NETWORK, BY REGION,  2019-2027 ($MILLION)
TABLE 36.LAMEA VIRTUAL PRIVATE NETWORK, BY COMPONENT 2019-2027 ($MILLION)
TABLE 37.LAMEA VIRTUAL PRIVATE NETWORK, BY TYPE 2019-2027 ($MILLION)
TABLE 38.LAMEA VIRTUAL PRIVATE NETWORK, BY DEPLOYMENT 2019-2027 ($MILLION)
TABLE 39.LAMEA VIRTUAL PRIVATE NETWORK, BY END USER 2019-2027 ($MILLION)
TABLE 40.LAMEA VIRTUAL PRIVATE NETWORK, BY REGION,  2019-2027 ($MILLION)
TABLE 41.AVAST SOFTWARE S.R.O: COMPANY SNAPSHOT
TABLE 42.AVAST SOFTWARE S.R.O: OPERATING SEGMENTS
TABLE 43.CISCO SYSTEMS INC: COMPANY SNAPSHOT
TABLE 44.CISCO SYSTEMS INC: OPERATING SEGMENTS
TABLE 45.IBM CORPORATION: COMPANY SNAPSHOT
TABLE 46.IBM CORPORATION: OPERATING SEGMENTS
TABLE 47.JUNIPER NETWORKS: COMPANY SNAPSHOT
TABLE 48.JUNIPER NETWORKS: OPERATING SEGMENTS
TABLE 49.MICROSOFT CORPORATION: COMPANY SNAPSHOT
TABLE 50.MICROSOFT CORPORATION: OPERATING SEGMENTS
TABLE 51.NETMOTION SOFTWARE INC: COMPANY SNAPSHOT
TABLE 52.NETMOTION SOFTWARE INC: OPERATING SEGMENTS
TABLE 53.RADIO IP SOFTWARE INC: COMPANY SNAPSHOT
TABLE 54.RADIO IP SOFTWARE INC: OPERATING SEGMENTS
TABLE 55.NORDVPN: COMPANY SNAPSHOT
TABLE 56.NORDVPN: OPERATING SEGMENTS
TABLE 57.CHECKPOINT SOFTWARE INC.: COMPANY SNAPSHOT
TABLE 58.CHECKPOINT SOFTWARE INC.: OPERATING SEGMENTS
TABLE 59.GOLDEN FROG, GMBH: COMPANY SNAPSHOT
TABLE 60.GOLDEN FROG, GMBH: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 1.GLOBAL VIRTUAL PRIVATE NETWORK MARKET SEGMENTATION
FIGURE 2.TOP INVESTMENT POCKET
FIGURE 3.TOP WINNING STRATEGIES (%)
FIGURE 4.VIRTUAL PRIVATE NETWORK MARKET FOR SOLUTION, 2019-2027 ($MILLION)
FIGURE 5.VIRTUAL PRIVATE NETWORK MARKET FOR SERVICES, 2019-2027 ($MILLION)
FIGURE 6.VIRTUAL PRIVATE NETWORK MARKET FOR REMOTE ACCESS VPN, 2019-2027 ($MILLION)
FIGURE 7.VIRTUAL PRIVATE NETWORK MARKET FOR SITE TO SITE VPN, 2019-2027 ($MILLION)
FIGURE 8.VIRTUAL PRIVATE NETWORK MARKET FOR OTHERS, 2019-2027 ($MILLION)
FIGURE 9.VIRTUAL PRIVATE NETWORK MARKET FOR CLOUD, 2019-2027 ($MILLION)
FIGURE 10.VIRTUAL PRIVATE NETWORK MARKET FOR ON PREMISE, 2019-2027 ($MILLION)
FIGURE 11.VIRTUAL PRIVATE NETWORK MARKET FOR COMMERCIAL USERS, 2019-2027 ($MILLION)
FIGURE 12.VIRTUAL PRIVATE NETWORK MARKET FOR INDIVIDUAL USERS, 2019-2027 ($MILLION)
FIGURE 13.GLOBAL VIRTUAL PRIVATE NETWORK, BY REGION,  2019 (%)
FIGURE 14.U.S. VIRTUAL PRIVATE NETWORK MARKET, 2019-2027 ($MILLION)
FIGURE 15.CANADA VIRTUAL PRIVATE NETWORK MARKET, 2019-2027 ($MILLION)
FIGURE 16.UK VIRTUAL PRIVATE NETWORK MARKET, 2019-2027 ($MILLION)
FIGURE 17.GERMANY VIRTUAL PRIVATE NETWORK MARKET, 2019-2027 ($MILLION)
FIGURE 18.FRANCE VIRTUAL PRIVATE NETWORK MARKET, 2019-2027 ($MILLION)
FIGURE 19.REST OF EUROPE VIRTUAL PRIVATE NETWORK MARKET, 2019-2027 ($MILLION)
FIGURE 20.CHINA VIRTUAL PRIVATE NETWORK MARKET, 2019-2027 ($MILLION)
FIGURE 21.INDIA VIRTUAL PRIVATE NETWORK MARKET, 2019-2027 ($MILLION)
FIGURE 22.JAPAN VIRTUAL PRIVATE NETWORK MARKET, 2019-2027 ($MILLION)
FIGURE 23.AUSTRALIA REST OF ASIA-PACIFIC VIRTUAL PRIVATE NETWORK MARKET, 2019-2027 ($MILLION)
FIGURE 24.LATIN AMERICA VIRTUAL PRIVATE NETWORK MARKET, 2019-2027 ($MILLION)
FIGURE 25.MIDDLE EAST VIRTUAL PRIVATE NETWORK MARKET, 2019-2027 ($MILLION)
FIGURE 26.AFRICA VIRTUAL PRIVATE NETWORK MARKET, 2019-2027 ($MILLION)

 
 

A Virtual Private Network (VPN) is a service that facilitates users to connect to the internet via an encrypted tunnel to ensure user’s online privacy and protect sensitive data. A VPN is usually used to secure connection to public Wi-Fi hotspot, hide IP address, and make the browsing private.

The adoption of virtual private network has increased over time, owing to the rise in need for ensuring secure work environment, surge in number data breaches, and increase in adoption of BYOD trend across various industries. In addition, increase in focus on digital transformation & advancing networking infrastructure boosts the growth of the global VPN market.

Furthermore, increase in economic strength of developing nations, such as China, India, and others, is expected to provide lucrative opportunities for the market growth. North America is expected to dominate the market during the forecast period. Moreover, emerging countries in Asia-Pacific are projected to offer significant growth opportunities during the forecast period. The global players focus on product development and increase their geographical presence, owing to rise in competition among local vendors in terms of features, quality, and price. In addition, these players adopt various business strategies to enhance their product offerings and strengthen their foothold in the market.

Proliferation of mobile devices and increase in internet connectivity in Asia-Pacific & LAMEA further escalate the demand for predictive analytics in these regions. Moreover, surge in cloud adoption, work from home trend, and increase in investment in data security are expected to boost the growth of the VPN market in the coming years. Moreover, the outbreak of the COVID-19 pandemic in 2020 led to innovation of VPN solution to combat the COVID-19 crisis and help corporate as well as individual users to form secure connections while using internet. 

 
 

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