What are the key factors driving the VPN market?
The global Virtual Private Network Market size is estimated to arrive at US$92.60bn by 2027. It is projected to develop by 17.4% CAGR from 2020 to 2027.
What are Key Factors Driving the Virtual Private Network Market?
The increasing intensity of cyber safety is estimated to impel the enlargement of the market for virtual private network (VPN), during the forecast period. Since, the persons visiting public places are frequently logging into unsecured Wi-Fi networks, although, the speedy data systems are implemented and linked devices are propagating incessantly, the safety of the information, along with confidentiality safeguarding, are rising like most important matters.
The hackers particularly target the persons, when they go into susceptible hotspots and gain access to unsecured networks. This is encouraging the implementation of virtual private network and power the encryption, offered by this network equipment, to defend the public from malevolent actions.
The increasing implementation of virtual private network resolutions through several businesses and the rising safety concerns are some of the important issues that are powering the expansion of the market. Used for a business, a virtual private network can encrypt the information to make it safe while it is being transmitted over a public internet link.
A virtual private network assists in cutting back the operating costs by means of abolishing the requirement for the leased lines. It moreover aids in improving operational effectiveness.
Please click here to get the sample pdf and find more details on “Virtual Private Network Market” Report 2027.
Further key findings from the report suggest:
- The rising demand for virtual private network resolutions for business functions is anticipated to steer the enlargement of the commercial section, during the forecast period
- The continual research as well as modernisation, via technology companies, is pushing the acceptance of sophisticated technologies in different business verticals, like telecommunications, healthcare, retail, BFSI, and others
- Due to the insistent expenditure on R&D, along with the greater acceptance of virtual private network resolutions in the telecom business, the market in North America is anticipated to appear like single most important. Market in Asia Pacific is likely to observe large expansion, during the forecast period
- Because of increasing safety concerns, through several end-user businesses, the global virtual private network (VPN) market is expected to observe, considerable enlargement, during the forecast period
Browse 100 page research report with TOC on “Global Virtual Private Network Market” at: https://www.millioninsights.com/industry-reports/global-virtual-private-network-vpn-market
Million Insights segmented the global virtual private network market based on End Use, Deployment Mode, Type, Component, and Region:
- VPN Component Outlook (Revenue, USD Billion, 2016 – 2027)
- Solution
- Services
- VPN Type Outlook (Revenue, USD Billion, 2016 – 2027)
- Site-to-site
- Remote Access
- Extranet
- Others
- VPN Deployment Mode Outlook (Revenue, USD Billion, 2016 – 2027)
- Cloud
- On-premise
- VPN End-use Outlook (Revenue, USD Billion, 2016 – 2027)
- Commercial
- Individual
- VPN Regional Outlook (Revenue, USD Billion, 2016 – 2027)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Asia Pacific
- China
- Japan
- India
- South America
- Brazil
- Middle East & Africa
- North America
- Companies
- Watch Guard Technologies, Inc.
- Net Motion Software
- Google LLC
- Citrix Systems, Inc.
- BlackBerry Limited
- Opera Group Company
- IBM Corporation
- Cyber Ghost S.R.L.
- Cisco Systems, Inc.
- Avast Software s.r.o.
Explore the Latest Press Releases by Million Insights:
- Telecom Services Market – As per the published report, the global telecom services market size is estimated to arrive at US$2.47trn by 2028. It is projected to develop by 5.4% CAGR from 2021 to 2028.
- Smart Electricity Meters Market – The global smart electricity meters market size is projected to account for $18.9bn by 2027, as per a new report published by Million Insights. It is likely that the market would register 7.8% CAGR over the forecast duration. The demand for energy security is gaining traction in the energy sector.
- Pre-engineered Building Market – The global pre-engineered building market size is projected to reach $30.79bn by 2025 with a CAGR of 15.5%, according to a new report published by Million Insights.
- Technology CAD Software Market – As per the published report, the global technology CAD software market size is estimated to arrive at $315.4mn by 2027. It is projected to develop by 9.5% CAGR in the period of forecast.
READ MORE:
- World Environment Day: How tech can drive green energy growth
- Making it Stick: The post-pandemic data imperative
- How AI can put brands back on top
- Mimecast’s 5 steps to stop brand impersonation
About Million Insights:
Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive marketplace that will enable you to compare data points before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.
For more news from Top Business Tech, don’t forget to subscribe to our daily bulletin!
Follow us on LinkedIn and Twitter
