North America Virtual Private Network Market Size, Share & Industry Trends Analysis Report By Offering (Solution and Services), By Deployment Mode (Cloud and On-premise), By End User, By Type, By Country and Growth Forecast, 2023 - 2029
The North America Virtual Private Network Market would witness market growth of 13.7% CAGR during the forecast period (2023-2029).
People who work from home might need to access crucial files on the employer's network, which requires a secure connection. Therefore, a VPN connection is frequently needed to access the network. The use of encryption methods and connections to private servers by VPN services both help to lower the likelihood that sensitive information will be compromised.
Additionally, business travelers regularly use VPNs to access their company network while on the go, including all its local network resources. As a result, security is improved because the local resources don't have to be directly accessible via the Internet. Users can also set up a private VPN to connect to their home network while away. As a result, they can use local file shares, access a Windows Remote Desktop over the Internet, and play games online as if they were on the same LAN.
If a person uses a public Wi-Fi connection, anyone nearby can see what they're doing when they visit non-HTTPS websites if they know where to look. Connecting to a VPN will allow users to conceal their surfing behavior for more privacy. After that, the VPN connection will carry all additional traffic. VPNs also facilitate easy access to geo-blocked websites and bypass internet censorship.
Businesses in this market are converting from on-premises to cloud-enabled VPNs due to the latter's improved scalability and availability, which is causing the market to expand. Additionally, it is projected that the installation of this software on portable devices would help the virtual private network industry in North America grow. North America has the fastest rate of adoption of contemporary technology, including artificial intelligence (AI), big data analytics, and cloud computing. The growth of this market is being driven by service providers' deployment of virtual private network software that incorporates artificial intelligence.
The US market dominated the North America Virtual Private Network Market by Country in 2022; thereby, achieving a market value of $25.3 billion by 2029. The Canada market is showcasing a CAGR of 15.9% during (2023 - 2029). Additionally, The Mexico market would register a CAGR of 15.6% during (2023 - 2029).
Based on Offering, the market is segmented into Solution and Services. Based on Deployment Mode, the market is segmented into Cloud and On-premise. Based on End User, the market is segmented into Commercial Users and Individual Users. Based on Type, the market is segmented into Remote Access VPN, Site-to-Site VPN, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Cisco Systems, Inc., Juniper Networks, Inc., Check Point Software Technologies Ltd., Absolute Software Corporation (NetMotion Software), Gen Digital, Inc., Nord Security, Radio IP Software and Golden Frog, GmbH
Scope of the Study
Market Segments covered in the Report:
By Offering
Solution
Services
By Deployment Mode
Cloud
On-premise
By End User
Commercial Users
Individual Users
By Type
Remote Access VPN
Site-to-Site VPN
Others
By Country
US
Canada
Mexico
Rest of North America
Companies Profiled
IBM Corporation
Microsoft Corporation
Cisco Systems, Inc.
Juniper Networks, Inc.
Check Point Software Technologies Ltd.
Absolute Software Corporation (NetMotion Software)
Gen Digital, Inc.
Nord Security
Radio IP Software
Golden Frog, GmbH
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- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Virtual Private Network Market, by Offering
- 1.4.2 North America Virtual Private Network Market, by Deployment Mode
- 1.4.3 North America Virtual Private Network Market, by End User
- 1.4.4 North America Virtual Private Network Market, by Type
- 1.4.5 North America Virtual Private Network Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition & Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis - Global
- 3.1 KBV Cardinal Matrix
- 3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.3 Top Winning Strategies
- 3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 3.3.2 Key Strategic Move: (Mergers & Acquisition: 2019, Jul – 2022, Sep) Leading Players
- Chapter 4. North America Virtual Private Network Market by Offering
- 4.1 North America Solution Market by Country
- 4.2 North America Services Market by Country
- Chapter 5. North America Virtual Private Network Market by Deployment Mode
- 5.1 North America Cloud Market by Country
- 5.2 North America On-premise Market by Country
- Chapter 6. North America Virtual Private Network Market by End User
- 6.1 North America Commercial Users Market by Country
- 6.2 North America Individual Users Market by Country
- Chapter 7. North America Virtual Private Network Market by Type
- 7.1 North America Remote Access VPN Market by Country
- 7.2 North America Site-to-Site VPN Market by Country
- 7.3 North America Others Market by Country
- Chapter 8. North America Virtual Private Network Market by Country
- 8.1 US Virtual Private Network Market
- 8.1.1 US Virtual Private Network Market by Offering
- 8.1.2 US Virtual Private Network Market by Deployment Mode
- 8.1.3 US Virtual Private Network Market by End User
- 8.1.4 US Virtual Private Network Market by Type
- 8.2 Canada Virtual Private Network Market
- 8.2.1 Canada Virtual Private Network Market by Offering
- 8.2.2 Canada Virtual Private Network Market by Deployment Mode
- 8.2.3 Canada Virtual Private Network Market by End User
- 8.2.4 Canada Virtual Private Network Market by Type
- 8.3 Mexico Virtual Private Network Market
- 8.3.1 Mexico Virtual Private Network Market by Offering
- 8.3.2 Mexico Virtual Private Network Market by Deployment Mode
- 8.3.3 Mexico Virtual Private Network Market by End User
- 8.3.4 Mexico Virtual Private Network Market by Type
- 8.4 Rest of North America Virtual Private Network Market
- 8.4.1 Rest of North America Virtual Private Network Market by Offering
- 8.4.2 Rest of North America Virtual Private Network Market by Deployment Mode
- 8.4.3 Rest of North America Virtual Private Network Market by End User
- 8.4.4 Rest of North America Virtual Private Network Market by Type
- Chapter 9. Company Profiles
- 9.1 IBM Corporation
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Regional & Segmental Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Partnerships, Collaborations, and Agreements:
- 9.1.5.2 Product Launches and Product Expansions:
- 9.1.5.3 Acquisition and Mergers:
- 9.1.6 SWOT Analysis
- 9.2 Microsoft Corporation
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expenses
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Partnerships, Collaborations, and Agreements:
- 9.2.5.2 Acquisition and Mergers:
- 9.2.6 SWOT Analysis
- 9.3 Cisco Systems, Inc.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Acquisition and Mergers:
- 9.3.6 SWOT Analysis
- 9.4 Juniper Networks, Inc.
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Partnerships, Collaborations, and Agreements:
- 9.4.5.2 Product Launches and Product Expansions:
- 9.4.5.3 Acquisition and Mergers:
- 9.5 Check Point Software Technologies Ltd.
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Product Launches and Product Expansions:
- 9.5.5.2 Acquisition and Mergers:
- 9.6 Absolute Software Corporation (NetMotion Software)
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Acquisition and Mergers:
- 9.7 Gen Digital, Inc.
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expense
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Acquisition and Mergers:
- 9.8 Nord Security
- 9.8.1 Company Overview
- 9.8.2 Recent strategies and developments:
- 9.8.2.1 Acquisitions and Mergers:
- 9.9 Radio IP Software
- 9.9.1 Company Overview
- 9.10. Golden Frog, GmbH
- 9.10.1 Company Overview
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