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Virtual Private Network (VPN) Market 2020 Global Analysis, Market Size, Share, Development, Opportunity, Leading Players and Forecast Till 2025

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Virtual Private Network (VPN) Market 2020 Global Analysis, Market Size, Share, Development, Opportunity, Leading Players and Forecast Till 2025

April 27
09:00 2020
Virtual Private Network (VPN) Market 2020 Global Analysis, Market Size, Share, Development, Opportunity, Leading Players and Forecast Till 2025
Global Virtual Private Network (VPN) Market Size study, by Type (Hosted, IP, Multiprotocol Label Switching, Cloud), by Product (Routers, Switches, Firewalls, Others), by End-User (Government, Telecommunication, Manufacturing, Healthcare, BFSI, Utilities) and Regional Forecasts Till 2025

Global Virtual Private Network (VPN) Market is expected to grow at a CAGR of 18.26% during the forecast period 2018-2025. As per the analysis, the global market was valued $18.1 billion in the year 2016 and expected to reach $69.2 billion by the end of the year 2025.

A virtual private network (VPN) offers a private network across a public network, and allow users to transfer the data across public or shared networks. In general, VPN created an encrypted and secure connection between computer and a sever that are operated by the VPN service. VPN offers various benefits such as minimize of data breaches and cyber-attacks and enhance productivity of an organization.

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The Global Virtual Private Network Market is driven by various growth factors such as increasing demand for secured private connections, declining prices of data, improving network bandwidth and high technological adoptions. Also, increasing internet penetration across the globe– especially in developing nations is a lucrative market opportunity to seek growth. However, limited technological knowledge, complexity to use VPNs, high deployment cost and technological advancements in VPNs are some factors that hinders the market growth over the long-term. For instance: Google launched BeyondCorp Remote Access and Identity Aware Proxy (IAP) among others are some advanced substitute of VPN, as traditional VPN infrastructure are difficult to manage attributing high number of users in a short span of time.

Segmentation Overview of the Global Virtual Private Network Market

The global virtual private network market is categorized on the basis of various segments such as Type, Product and End-User. These market segments are further categorized into various sub-segments to study the market in detail.

The Type Segment of the Global Virtual Private Network Market is Sub-Segmented into:

  • Hosted
  • IP
  • Multiprotocol Label Switching
  • Cloud

The Product Segment of the Global Virtual Private Network Market is Sub-Segmented into:

  • Routers
  • Switches
  • Firewalls
  • Others

The End-User Segment of the Global Virtual Private Network Market is Sub-Segmented into:

  • Government
  • Telecommunication
  • Manufacturing
  • Healthcare
  • BFSI
  • Utilities

Geographical Overview of the Global Virtual Private Network

On the basis of geographical segmentation, the global virtual private network market was studied across North America (U.S., Canada); Europe (Germany, UK, France); Asia Pacific (China, India, Japan); Latin America (Brazil, Mexico); and Rest of the World. As per the analysis, the North America virtual private network market was valued as the leading region across the world considering the market share, owing to increasing penetration of VPNs and growth in rate of cyber-crime in the US, Canada and other countries. Moreover, the European market is anticipated to grow at highest rate over the forecast period. Also, the APAC region is analysed to exhibit moderate growth owing to expansion of internet infrastructure in the region.

Key Players Insights

Safer Social Ltd., NordVPN, PureVPN, Net Gear Inc., Cyberghost, Golden Frog, Singapore Telecommunications, Vertela, Robustel, Huawei Technologies, NCP Engineering, Cohesive Networks, Contemporary Controls Systems, Oracle, Google, Cisco and Microsoft are some major players included in the research study of the Global Virtual Private Network Market. Companies involved in this business actively work to cover the loopholes in network and offer security and advancements through regular updates.  

Some of the key developments regarding Virtual Private Network

On 26th March 2020, Microsoft su/pported the split tunnelling networking approach to support remote workers. Split tunnelling allows remote workers to access file servers through the corporate VPN. This VPN strategy claimed by Microsoft was successfully tested when majority of company’s workforce working remotely due to novel coronavirus disease pandemic.

Furthermore, on 21 April 2020, Google and Cisco partnered to create a virtual hub using virtual routers in the cloud to replicate SD-WAN on physical location and on-premise.    

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