Global Virtual Private Network (VPN) Market Growth (Status and Outlook) 2023-2029
A virtual private network (VPN) extends a private network across a public network, and enables users to send and receive data across shared or public networks as if their computing devices were directly connected to the private network. ("In the simplest terms, it creates a secure, encrypted connection, which can be thought of as a tunnel, between your computer and a server operated by the VPN service.") Applications running across the VPN may therefore benefit from the functionality, security, and management of the private network.
VPNs may allow employees to securely access a corporate intranet while located outside the office. They are used to securely connect geographically separated offices of an organization, creating one cohesive network. Personal VPN Users Internet users may secure their wireless transactions with a VPN, to circumvent geo-restrictions and censorship, or to connect to proxy servers for the purpose of protecting personal identity and location. However, some Internet sites block access to known VPN technology to prevent the circumvention of their geo-restrictions.
A VPN is created by establishing a virtual point-to-point connection through the use of dedicated connections, virtual tunneling protocols, or traffic encryption. A VPN available from the public Internet can provide some of the benefits of a wide area network (WAN). From a user perspective, the resources available within the private network can be accessed remotely.
Traditional VPNs are characterized by a point-to-point topology, and they do not tend to support or connect broadcast domains, so services such as Microsoft Windows NetBIOS may not be fully supported or work as they would on a local area network (LAN). Designers have developed VPN variants, such as Virtual Private LAN Service (VPLS), and layer-2 tunneling protocols, to overcome this limitation.
LPI (LP Information)' newest research report, the “Virtual Private Network (VPN) Industry Forecast” looks at past sales and reviews total world Virtual Private Network (VPN) sales in 2022, providing a comprehensive analysis by region and market sector of projected Virtual Private Network (VPN) sales for 2023 through 2029. With Virtual Private Network (VPN) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Virtual Private Network (VPN) industry.
This Insight Report provides a comprehensive analysis of the global Virtual Private Network (VPN) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Virtual Private Network (VPN) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Virtual Private Network (VPN) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Virtual Private Network (VPN) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Virtual Private Network (VPN).
The global Virtual Private Network (VPN) market size is projected to grow from US$ 1929.5 million in 2022 to US$ 4192 million in 2029; it is expected to grow at a CAGR of 11.7% from 2023 to 2029.
Private Internet Access, Nord VPN, Torguard, CyberGhost and Hotspot Shield are the leading producers of virtual Private networks (VPNs), with the top three accounting for about 30%.
Europe is the main market, accounting for about 40%, followed by North America, about 35%.
This report presents a comprehensive overview, market shares, and growth opportunities of Virtual Private Network (VPN) market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Remote Access VPN
Site-to-Site VPN
Others
Segmentation by application
Personal VPN Users
Corporate VPN Users
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Private Internet Access
Nord VPN
TorGuard
Cyber Ghost
Hotspot Shield
IP Vanish VPN
Buffered VPN
Golden Frog
VPN Pure
Express VPN
Safer VPN
21Vianet
Beijing Sinnet technology
China Enterprise ICT Solutions
Please note: The report will take approximately 2 business days to prepare and deliver.
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