Global Virtual Private Network (VPN) Market by Product Type, Sampling Method, Component, Application, End-user, and Region - Global Forecast to 2030

Virtual Private Network Market Overview

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Virtual Private Network Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Virtual Private Network market by thorough analysis, and projections are made up to 2030.

Virtual Private Network Market CAGR Estimation:

Virtual Private Network (VPN) Market size was valued at US$ 48.70 Bn. in 2023, and the total revenue is expected to grow at a CAGR of 17.4% from 2024 to 2030, reaching nearly US$ 149.72 Bn.

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Virtual Private Network Market Scope and Methodology:

The study provides an extensive understanding of the details of the Virtual Private Network industry using both qualitative and quantitative analysis. The Virtual Private Network market was estimated using a bottom-up methodology. Both primary and secondary data gathering techniques were used to get the information needed for the analysis. Several techniques, including questionnaires and surveys, are employed in the primary method's data collection procedure. In addition to commercial sources like Bloomberg News and the database Hoovers for data collection, secondary sources include articles, government publications, and annual reports.

The condition of market consolidations and acquisitions, RD activities, advancement, cutting-edge industry techniques, and buyer direct are all carefully examined in the study in order to evaluate the market prediction. Methods, organizational charts, portfolios, and a critical assessment of prominent business leaders are all included in the research. The Virtual Private Network market an extensive SWOT analysis and PESTLE study of doors were carried out to ascertain market trends and current microeconomic variables.

Virtual Private Network Market Regional Insights:

Gaining an in-depth understanding of regional viewpoints is necessary to comprehend the intricate dynamics of the Virtual Private Network market. The numerous regions that comprise the Virtual Private Network market include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The study offers a comprehensive analysis of the factors, market size, growth rate, and volume of imports and exports in every area. The Regional Analysis section displays the current status of the Virtual Private Network market in each of the countries covered in the research.

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Virtual Private Network Market Segmentation:

by Component

Solution

Services

The market is divided into two segments: services and solutions. By 2030, the solution category is predicted to account for over 50% of the market, the biggest proportion. Virtual private network solutions have been very popular over the past few years, particularly among individual solution providers and company suppliers. The dynamic nature of work and the changing needs of businesses for virtual private networks are predicted to keep driving demand for VPN services.

by Type

Site-to-site

Remote Access

Extranet

Others

The market is divided into four segments: extranet, remote access, site-to-site, and others. The extranet type market is anticipated to expand quickly, with a compound annual growth rate (CAGR) of 15.4% between 2024 and 2030. The expansion can be attributed to corporations posting private information on public networks via extranets more frequently. Additionally, companies are emphasizing more and more the expansion of their internal web applications to their clients and partners.

The remote access market is anticipated to expand quickly, with a compound annual growth rate (CAGR) of 14% from 2024 to 2030. The need for site-to-site connectivity and remote access has steadily grown in order to guarantee effective communication. The utilisation of site-to-site connections and remote access maximises data comparability and bandwidth. The need for distant virtual private network solutions has increased over the past few years.

by Deployment Mode

Cloud

On-premise

The market is divided into on-premise and cloud segments. The market for cloud deployment modes is anticipated to expand quickly, with a compound annual growth rate (CAGR) of 17.6% from 2024 to 2030. This is because cloud-based deployment is becoming more and more popular since it requires less upkeep and money. Prominent industry players are providing virtual private clouds to provide a private on-premises gateway and secure access to cloud resources. For instance, in December 2018, IBM Corporation declared the deployment of an on-premises VPN gateway to a cloud VPN housed inside a virtual private cloud (VPC).

by End-Use

Commercial

Individual

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Virtual Private Network Market Key Players:

B2B Providers

1. Cisco system Inc.

2. Fortinet FortiClient

3. Palo Alto Networks GlobalProtect

4. Check Point Endpoint Remote Access VPN

5. SonicWall VPN

6. Juniper Networks Pulse Secure

7. Citrix Gateway

8. OpenVPN Access Server

9. F5 BIG-IP Access Policy Manager

10. Barracuda CloudGen Access

11. Zscaler Private Access

12. NetMotion Mobility

13. WatchGuard IPSec VPN

14. Hideman VPN for Business

15. Perimeter 81

16. Key PLayers

B2C Providers

1. ExpressVPN

2. Proton VPN

3. NordVPN

4. CyberGhost

5. Surfshark

6. IPVN

7. Mozilla VPN

8. Atlas VPN

9. Private Internet Access (PIA)

10. VyprVPN

11. PureVPN

12. TunnelBear

13. Hotspot Shield

14. Windscribe

15. PrivateVPN

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Key questions answered in the Virtual Private Network Market are:

What is Virtual Private Network?

Who are the leading companies and what are their portfolios in Virtual Private Network Market?

What growth strategies are the players considering to increase their presence in Virtual Private Network?

What are the upcoming industry applications and trends for the Virtual Private Network Market?

Which are the factors expected to drive the Virtual Private Network market growth?

What are the recent industry trends that can be implemented to generate additional revenue streams for the Virtual Private Network Market?

What was the Virtual Private Network market size in 2023?

What are the different segments of the Virtual Private Network Market?

What will be the CAGR at which the Virtual Private Network market will grow?

What is the growth rate of the Virtual Private Network Market?

What segments are covered in the Virtual Private Network Market?

What are the key challenges and opportunities in the Virtual Private Network market?

Which application holds the highest potential in the Virtual Private Network market?

Who are the key players in the Virtual Private Network market?

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)

Past Pricing and price curve by region (2018 to 2023)

Market Size, Share, Size Forecast by different segment | 2024−2030

Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region

Market Segmentation – A detailed analysis by segment with their sub-segments and Region

Competitive Landscape – Profiles of selected key players by region from a strategic perspective

Competitive landscape – Market Leaders, Market Followers, Regional player

Competitive benchmarking of key players by region

PESTLE Analysis

PORTER’s analysis

Value chain and supply chain analysis

Legal Aspects of Business by Region

Lucrative business opportunities with SWOT analysis

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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