The global Virtual Private Network (VPN) Market is expected to reach USD 71.33 Billion by 2027, according to a new report by Reports and Data. The market demand for virtual private networks (VPN) market is witnessing growth on account of increasing data-breaches, owing to the offering of a private and secure network by VPN for providing access to individuals.
A faster adoption of digital technology and an increase in data consumption in the developing countries, such as India and China, is propelling the growth of the market, which has caused an increase in cyber threats thereby the need for security measures, such as virtual private network. Further, the increasing prevalence and complexity of cyber-attacks, regulatory authorities across the globe have implemented strict regulatory controls and directives, thereby driving the market demand. Moreover, several cloud service providers are taking over VPN service providers to offer VPN services to end-users.
Additionally, growing BOYD (Bring Your Own Device) tend, which allows employees to access sensitive information on their devices, is fuelling the growth of the market.
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The COVID-19 Impact
Firms across all sector worldwide are forced to follow ‘work from home’, as the government in various nations are trying implement this and curb spread of Covid-19 disease, along with their efforts to ascertain that their operations are disturbed to a minimum.
The use of remote access technologies virtual private network (VPN) has witnessed a spiraling growth of around 33.0% since the outbreak of the COVID-19 pandemic. The increased growth may be attributed to the decision taken by a large number of firms to allow their staff to work from home, which typically involves joining internal intranets through remote access technologies such as VPN.
Additionally, there has been an increasing demand for consumer-grade VPNs following the imposition of national quarantines all across the globe, resulting in several individuals using VPN apps bypass geo-fenced content while surfing the internet. For instance, NordVPN has observed a 165.0% increase in users, whereas Atlas VPN has stated a 124.0% growth in VPN usage amongst its U.S. user base.
Key findings in the report:
Virtual Private Network (VPN) Market Size, Trends & Growth, By Component, By Type, By Organization Size, By Industry Vertical, And Segment Forecasts, 2017-2027, To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/virtual-private-network-vpn-market
For the purpose of this report, Reports and Data have segmented the global virtual private network (VPN) market on the basis of component, type, organization size, industry vertical, and region:
Component Outlook (Revenue, USD Million; 2017-2027)
Type Outlook (Revenue, USD Million; 2017-2027)
Organization Size Outlook (Revenue, USD Million; 2017-2027)
Industry Vertical Outlook (Revenue, USD Million; 2017-2027)
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Regional Outlook (Revenue in USD Billion; 2017–2027)
Table Of Content
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Virtual Private Network (VPN) Segmentation & Impact Analysis
4.1. Virtual Private Network (VPN) Material Segmentation Analysis
4.2. Industrial Outlook
…………….
Chapter 10. Competitive Landscape
10.1. Market Revenue Share by Manufacturers
10.2. Manufacturing Cost Breakdown Analysis
10.3. Mergers & Acquisitions
10.4. Market positioning
10.5. Strategy Benchmarking
10.6. Customer Mapping
10.7. Vendor Landscape
Chapter 11. Company Profiles
11.1. Microsoft Corporation
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Technology Insights
11.1.4. Strategic Initiatives
11.2. Private Internet Access
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Technology Insights
11.2.4. Strategic Initiatives
11.3. CyberGhost S.A.
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Technology Insights
11.3.4. Strategic Initiatives
11.4. Nord VPN
11.4.1. Company Overview
11.4.2. Financial Performance
11.4.3. Technology Insights
11.4.4. Strategic Initiatives
11.5. NetGear Inc.
11.5.1. Company Overview
11.5.2. Financial Performance
11.5.3. Technology Insights
11.5.4. Strategic Initiatives
Continue …
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