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Global Virtual Private Network Market to Grow at a CAGR of 14% During 2024-2032, Aided by the Advanced Technologies

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Global Virtual Private Network Market Size, Share, Forecast: By Component: Solution, Services; By Type: Remote Access VPN, Site To Site VPN, Others; By Deployment: Cloud, On Premise; By End-User: Commercial, Individual; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

Global Virtual Private Network Market Outlook

Global virtual private network market attained a value of about USD 44.76 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 14% to reach nearly USD 145.55 billion by 2032.

Global Virtual Private Network Market

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Increasing Safety Concerns is Expected to Aid to the Expansion of Virtual Private Network Industry

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.

Virtual Private Network: Market Segmentation

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.

Global Virtual Private Network Market by Segment

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On the basis of component, the industry is segmented into:

Solution
Services

The industry is divided on the basis of types into:

Remote access VPN
Site to Site VPN
Others

The industry is segmented on the basis of deployment into:

Cloud
On premise

The industry is segmented on the basis of end-user into:

Commercial
Individual

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.

Global Virtual Private Network Market by Region

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Expansion in Cloud Technology to Cater to the Growth of Virtual Private Network

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.

Key Industry Players in the Global Virtual Private Network Market

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:

Avast Software S.R.O.
Cisco Systems Inc.
IBM Corporation
Juniper Networks Inc.
Microsoft Corporation
Others

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.

Key Highlights of the Report

REPORT FEATURES	DETAILS
Base Year	2023
Historical Period	2018-2023
Forecast Period	2024-2032
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 United States of America Canada Europe United Kingdom Germany France Italy Others Asia Pacific China Japan India ASEAN Australia Others Latin America Brazil Argentina Mexico Others Middle East and Africa Saudi Arabia United Arab Emirates Nigeria South Africa Others
Market Dynamics	SWOT Analysis Porter's Five Forces Analysis Key Indicators for Demand Key Indicators for Price
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 (2018-2023)
   8.3   Global Virtual Private Network Market Forecast (2024-2032)
   8.4   Global Virtual Private Network Market by Component
       8.4.1   Solution
           8.4.1.1 Historical Trend (2018-2023)
           8.4.1.2 Forecast Trend (2024-2032)
       8.4.2   Services
           8.4.2.1 Historical Trend (2018-2023)
           8.4.2.2 Forecast Trend (2024-2032)
   8.5   Global Virtual Private Network Market by Type
       8.5.1   Remote Access VPN
           8.5.1.1 Historical Trend (2018-2023)
           8.5.1.2 Forecast Trend (2024-2032)
       8.5.2   Site To Site VPN
           8.5.2.1 Historical Trend (2018-2023)
           8.5.2.2 Forecast Trend (2024-2032)
       8.5.3   Others
   8.6   Global Virtual Private Network Market by Deployment
       8.6.1   Cloud
           8.6.1.1 Historical Trend (2018-2023)
           8.6.1.2 Forecast Trend (2024-2032)
       8.6.2   On Premise
           8.6.2.1 Historical Trend (2018-2023)
           8.6.2.2 Forecast Trend (2024-2032)
   8.7   Global Virtual Private Network Market by End-User
       8.7.1   Commercial
           8.7.1.1 Historical Trend (2018-2023)
           8.7.1.2 Forecast Trend (2024-2032)
       8.7.2   Individual
           8.7.2.1 Historical Trend (2018-2023)
           8.7.2.2 Forecast Trend (2024-2032)
   8.8   Global Virtual Private Network Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Virtual Private Network Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Virtual Private Network Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Virtual Private Network Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Virtual Private Network Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Virtual Private Network Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
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 2032
2.   Global Virtual Private Network Historical Market: Breakup by Component (USD Billion), 2018-2023
3.   Global Virtual Private Network Market Forecast: Breakup by Component (USD Billion), 2024-2032
4.   Global Virtual Private Network Historical Market: Breakup by Type (USD Billion), 2018-2023
5.   Global Virtual Private Network Market Forecast: Breakup by Type (USD Billion), 2024-2032
6.   Global Virtual Private Network Historical Market: Breakup by Deployment (USD Billion), 2018-2023
7.   Global Virtual Private Network Market Forecast: Breakup by Deployment (USD Billion), 2024-2032
8.   Global Virtual Private Network Historical Market: Breakup by End-User (USD Billion), 2018-2023
9.   Global Virtual Private Network Market Forecast: Breakup by End-User (USD Billion), 2024-2032
10.   Global Virtual Private Network Historical Market: Breakup by Region (USD Billion), 2018-2023
11.   Global Virtual Private Network Market Forecast: Breakup by Region (USD Billion), 2024-2032
12.   North America Virtual Private Network Historical Market: Breakup by Country (USD Billion), 2018-2023
13.   North America Virtual Private Network Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.   Europe Virtual Private Network Historical Market: Breakup by Country (USD Billion), 2018-2023
15.   Europe Virtual Private Network Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.   Asia Pacific Virtual Private Network Historical Market: Breakup by Country (USD Billion), 2018-2023
17.   Asia Pacific Virtual Private Network Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.   Latin America Virtual Private Network Historical Market: Breakup by Country (USD Billion), 2018-2023
19.   Latin America Virtual Private Network Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.   Middle East and Africa Virtual Private Network Historical Market: Breakup by Country (USD Billion), 2018-2023
21.   Middle East and Africa Virtual Private Network Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.   Global Virtual Private Network Market Structure

Key Questions Answered in the Report

What was the global virtual private network market size in 2023?

In 2023, the global virtual private network market attained a value of nearly USD 44.76 billion.

What is the growth rate of the market?

The market is projected to grow at a CAGR of 14% between 2024 and 2032.

What is the forecast outlook of the market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 145.55 billion by 2032.

What are the major market drivers?

The market is being driven by the rising demand for fast connectivity, growing need for security and safety of crucial data, and the increasing demand for various types of VPN for commercial as well as individual needs.

What are the key trends of the market?

The key trends of the market include ongoing technological advancements and increasing remote working accelerated by the work from home culture.

What are the major regional markets of virtual private network, according to the EMR report?

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the components of VPN?

The components of VPN are solution and services.

What are the major types of global virtual private network in the market?

The major types of virtual private network in the market are remote access VPN, and site to site VPN, among others.

What are the significant deployments of virtual private network?

The significant deployments of VPN in the market are cloud and on premise.

What are the various end-users in the market?

The various end-users in the market are commercial and individual.

Who are the key market players, according to the report?

The key players in the global virtual private network market are Avast Software S.R.O., Cisco Systems Inc., IBM Corporation, Juniper Networks Inc., and Microsoft Corporation, among others.

Analyst Review

The global virtual private network market attained a value of approximately USD 44.76 billion in 2023, 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 2024-2032, growing at a CAGR of 14%. The market is projected to reach nearly USD 145.55 billion by 2032.

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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