Virtual Private Network (VPN) Industry 2021
Virtual Private Network (VPN) Industry was estimated to be US$ 23.6 Bn in 2019 and is expected to grow at a CAGR of 14.8% over the Forecast Period, Owing to rise in number of organization adoption VPN for employees working remotely, says Absolute Markets Insights
Global Virtual Private Network (VPN) Industry is valued at US$ 23.6 Bn in 2019 and is forecast to grow at a CAGR of 14.8% to reach US$ 71.4 Bn by 2030. Since March 2020 rise in outbreak of global pandemic coronavirus or COVID-19 has led to a closure of all office building and employees are forced to work from home. For data security organizations have installed virtual private networks (VPN) that help employees to work from home and keeping the data secure. Virtual private networks (VPN) help is secure transmission of data and is essential for business.
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Major Key Players:
Some of the players operating in the Virtual Private Network (VPN) Industry are AirVPN, Array Networks, Cisco Systems, Inc., ExpressVPN, Golden Frog, GmbH, IPVanish VPN, Microsoft Corporation, NordVPN.com, NortonLifeLock Inc, Proton Technologies AG, Surfshark, TorGuard.net., TunnelBear LLC., VAST Software s.r.o. among others.
Key findings of the report:
Asia Pacific Virtual Private Network (VPN) Industry is the largest market in the global market. It is also the fastest growing VPN market in the world. Rise in penetration of computer technologies is increasing the demand for virtual private network (VPN) among Asia Pacific countries.
Virtual private networks (VPN) are used from desktop, mobile and tablets. The number of mobile virtual private networks (VPN) are expected to grow the fastest during the forecast period.
Market Segmentation
By Connectivity Types
Remote Access
Site-To-Site
By Deployment
Cloud-Based
On-Premises
By Application
Personal
Corporate/ Business
By End-use Industry
Banking Financial Service and Insurance (BFSI)
IT & Telecom
Healthcare
Government
Manufacturing
Others
By Geography
North America
U.S
Canada
Mexico
Rest of North America
Europe
France
The UK
Spain
Germany
Italy
Nordic Countries
Denmark
Finland
Iceland
Sweden
Norway
Benelux Union
Belgium
The Netherlands
Luxembourg
Rest of Europe
Asia Pacific
China
Japan
India
New Zealand
Australia
South Korea
Southeast Asia
Indonesia
Thailand
Malaysia
Singapore
Rest of Southeast Asia
Rest of Asia Pacific
Middle East and Africa
Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Contact us:
Shreyas Tanna
Phone: +91-740-024-2424
Absolute Markets Insights
