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Global virtual private network market attained a value of about USD 39.26 billion in 2022. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 14% to reach nearly USD 86.18 billion by 2028.
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With an increasing demand for safety concerns, there is a positive impact on the global virtual private network industry. Currently, there is a wide range of end user businesses, which require the data submitted by users to be safe and not leaked, which has boosted the demand for virtual private network services. When a corporation works remotely, a VPN comes in handy since it protects internal server data while allowing all distant systems to connect through it. Many businesses now consider VPN to be an essential component of their internet infrastructure. Users can securely connect to company networks and transmit and receive files and data from anywhere using a business VPN. The growing demand for VPN across various businesses is aiding the market growth.
Moreover, with a large number of people working from home due to the pandemic, the demand for a virtual private network is accelerating as it provides encryption and is fast to use. Also, in public areas where there is free access to open networks, the safety of user data is secured via VPN.
A virtual private network provides a user with online anonymity and privacy by creating a private network for the user from a public internet connection. A VPN hides a user's IP address, making their online activities virtually untraceable. VPN services also create safe and encrypted connections, ensuring that users' privacy is protected. Data can be shared by users across various sites, which comes in handy for them as their computers work like they were directly connected to a private network, as they would be at work.
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On the basis of component, the industry is segmented into:
The industry is divided on the basis of types into:
The industry is segmented on the basis of deployment into:
The industry is segmented on the basis of end-user into:
The EMR report looks into the regional markets of virtual private network like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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With the growth in cloud technology and faster services, there is growth in the virtual private network industry. A VPN helps in almost all the sectors, such as the healthcare sector, and IT sector for healthcare IT networks, as private networks are frequently the first line of protection. Building a resilient network and managing how individuals access it can help reduce unwanted access and the risk of data breaches as healthcare cloud technologies and digital recordkeeping becomes more widely adopted. The rising adoption of a virtual private network is expected to grow over the forecast period, consequently aiding the market growth over the forecast period.
The report presents a detailed analysis of the following key players in the global virtual private network market , looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Component, Type, Deployment, End-User, Region |
Breakup by Component | Solution, Services |
Breakup by Type | Remote Access VPN, Site To Site VPN, Others |
Breakup by Deployment | Cloud, On Premise |
Breakup by End-User | Commercial, Individual |
Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered | Avast Software S.R.O., Cisco Systems Inc, IBM Corporation, Juniper Networks, Inc., Microsoft Corporation, Others |
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Virtual Private Network Market Analysis
8.1 Key Industry Highlights
8.2 Global Virtual Private Network Historical Market (2018-2022)
8.3 Global Virtual Private Network Market Forecast (2023-2028)
8.4 Global Virtual Private Network Market by Component
8.4.1 Solution
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Services
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 Global Virtual Private Network Market by Type
8.5.1 Remote Access VPN
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Site To Site VPN
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Others
8.6 Global Virtual Private Network Market by Deployment
8.6.1 Cloud
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 On Premise
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.7 Global Virtual Private Network Market by End-User
8.7.1 Commercial
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Individual
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.8 Global Virtual Private Network Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2022)
8.8.1.2 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2022)
8.8.2.2 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2022)
8.8.3.2 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2022)
8.8.4.2 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2022)
8.8.5.2 Forecast Trend (2023-2028)
9 North America Virtual Private Network Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Virtual Private Network Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Virtual Private Network Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Virtual Private Network Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Virtual Private Network Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Avast Software S.R.O.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Cisco Systems Inc
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 IBM Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Juniper Networks, Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Microsoft Corporation
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Virtual Private Network Market: Key Industry Highlights, 2018 and 2028
2. Global Virtual Private Network Historical Market: Breakup by Component (USD Billion), 2018-2022
3. Global Virtual Private Network Market Forecast: Breakup by Component (USD Billion), 2023-2028
4. Global Virtual Private Network Historical Market: Breakup by Type (USD Billion), 2018-2022
5. Global Virtual Private Network Market Forecast: Breakup by Type (USD Billion), 2023-2028
6. Global Virtual Private Network Historical Market: Breakup by Deployment (USD Billion), 2018-2022
7. Global Virtual Private Network Market Forecast: Breakup by Deployment (USD Billion), 2023-2028
8. Global Virtual Private Network Historical Market: Breakup by End-User (USD Billion), 2018-2022
9. Global Virtual Private Network Market Forecast: Breakup by End-User (USD Billion), 2023-2028
10. Global Virtual Private Network Historical Market: Breakup by Region (USD Billion), 2018-2022
11. Global Virtual Private Network Market Forecast: Breakup by Region (USD Billion), 2023-2028
12. North America Virtual Private Network Historical Market: Breakup by Country (USD Billion), 2018-2022
13. North America Virtual Private Network Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Europe Virtual Private Network Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Europe Virtual Private Network Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Asia Pacific Virtual Private Network Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Asia Pacific Virtual Private Network Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Latin America Virtual Private Network Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Latin America Virtual Private Network Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Middle East and Africa Virtual Private Network Historical Market: Breakup by Country (USD Billion), 2018-2022
21. Middle East and Africa Virtual Private Network Market Forecast: Breakup by Country (USD Billion), 2023-2028
22. Global Virtual Private Network Market Structure
In 2022, the global virtual private network market attained a value of nearly USD 39.26 billion.
The market is projected to grow at a CAGR of 14% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 86.18 billion by 2028.
The market is being driven by the rising demand for fast connectivity, growing need for security and safety of crucial data, and increasing demand for various types of VPN for commercial as well as individual needs.
The market is expected to be defined by the ongoing technological advancement in the industry, along with remote working accelerated by WFH culture after the COVID-19 outbreak.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different components of VPN are solution and services.
The major types of virtual private network in the industry are remote access VPN, and site to site VPN, among others.
The significant deployment segments of VPN in the market are cloud and on premise.
The various end-users in the industry are commercial and individual.
The major players in the industry are Avast Software S.R.O., Cisco Systems Inc., IBM Corporation, Juniper Networks Inc., and Microsoft Corporation, among others.
The global virtual private network market attained a value of approximately USD 39.26 billion in 2022, driven by the rising prevalence of remote accessibility and encryption. Aided by the growing technological advancements, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 14%. The market is projected to reach nearly USD 86.18 billion by 2028.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By components, the industry is divided into solution and services. Based on its types, the virtual private network industry can be segmented into site-to-site VPN, and remote access VPN, among others. Based on deployments, the industry is segregated into cloud, and on-premise. On the basis of end-user, the industry is divided into commercial and individual. The major regional markets for virtual private network are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Avast Software S.R.O., Cisco Systems Inc., IBM Corporation, Juniper Networks Inc., and Microsoft Corporation, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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