
Virtual Private Network Market Share, Size, Trends, Industry Analysis Report, By Component (Hardware, Software, Services), By Type (Site-To-Site, Remote Access, Extranet), By Deployment Mode, By End Use, By Region, And Segment Forecasts, 2024 - 2032
Description
Virtual Private Network Market Share, Size, Trends, Industry Analysis Report, By Component (Hardware, Software, Services), By Type (Site-To-Site, Remote Access, Extranet), By Deployment Mode, By End Use, By Region, And Segment Forecasts, 2024 - 2032
The global virtual private network market size is expected to reach USD 180.17 billion by 2032, according to a new study by Polaris market research. The report “Virtual Private Network Market Share, Size, Trends, Industry Analysis Report, By Component (Hardware, Software, Services), By Type (Site-To-Site, Remote Access, Extranet), By Deployment Mode, By End Use, By Region, And Segment Forecasts, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increasing frequency of cybersecurity threats is anticipated to propel market growth during the forecast period. With the ongoing expansion of high-speed data networks and the continuous proliferation of connected devices, concerns about data security and privacy are becoming prominent. Individuals, especially when accessing public places, are often exposed to unsecured Wi-Fi networks. This vulnerability makes them targets for hackers. Consequently, there is a growing adoption of Virtual Private Networks (VPNs) as people seek to leverage VPN technology's encryption to safeguard against malicious activities.
The increasing adoption of VPN solutions across various industry verticals and the growing concerns about security are key factors contributing to the market's growth. Organizations find virtual private networks valuable as they have the potential to encrypt data, securing organizational resources when transmitted over public internet connections. This not only helps in cost savings by eliminating the need for leased lines but also enhances operational efficiency. For instance, Brown Bear Corporation, engaged in utility, environmental, and manufacturing applications, utilizes a VPN solution to enable its staff to connect to the company's store or office, reducing travel time and improving management efficiency.
Virtual Private Networks (VPNs) play a crucial role in bypassing internet censorship as they encrypt the entire data transmission, making it challenging for governments to censor the VPN connection. This encryption ensures that the content being accessed remains private and secure. As a result, both commercial users and individual users turn to VPN solutions to access websites that may be restricted or blocked in certain countries due to censorship policies.
Despite strict restrictions on VPNs in countries like China and Russia, these limitations have contributed to increasing awareness about the importance and functionalities of VPNs. When governments impose such restrictions, they often draw attention to the technology and its capability to provide unrestricted access to the internet. Users, both individual and commercial, recognize the value of VPNs in preserving online privacy and accessing a free and open internet. Consequently, instead of hindering the growth of the VPN market, these restrictions have led to a heightened understanding of VPNs and an increased demand for their services.
Virtual Private Network Market Report Highlights
- Cloud segment garnered the largest revenue share in 2023, primarily due to its scalability and user friendliness
- Software held the largest share and will grow at the fastest pace during the forecast period, on account of its applicability in the varied verticals
- North America emerged as the largest region in 2023, primarily due to presence of major VPN providers and several start ups providing VPN solutions
- The global players include Avast Software, BlackBerry, Cisco Systems, Citrix Systems, CyberGhost, Google, Absolute Software, & Opera Holdings
- Hardware
- Software
- Services
- Hosted
- IP
- MPLS
- Site-to-site
- Remote access
- Extranet
- Cloud
- On-premise
- Commercial
- Individual
- Service providers
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Polaris Market Research has segmented the virtual private network market report based on component, type, connectivity, deployment, end use, and region:
Virtual Private Network, Component Outlook (Revenue - USD Billion, 2019 - 2032)
- Canada
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Brazil
- Mexico
- Saudi Arabia
- Israel
- South Africa
Table of Contents
117 Pages
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. Global Virtual Private Network Market Insights
- 4.1. Virtual Private Network Market – Connectivity Snapshot
- 4.2. Virtual Private Network Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing demand for the VPN software
- 4.2.1.2. Rising instances of cybercrimes
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High cost
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Virtual Private Network Market Connectivity Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
- 5. Global Virtual Private Network Market, by Component
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 5.3. Hardware
- 5.3.1. Global Virtual Private Network Market, by Hardware, by Region, 2019-2032 (USD Billion)
- 5.4. Software
- 5.4.1. Global Virtual Private Network Market, by Software, by Region, 2019-2032 (USD Billion)
- 5.5. Services
- 5.5.1. Global Virtual Private Network Market, by Services, by Region, 2019-2032 (USD Billion)
- 6. Global Virtual Private Network Market, by Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 6.3. Hosted
- 6.3.1. Global Virtual Private Network Market, by Hosted, by Region, 2019-2032 (USD Billion)
- 6.4. IP
- 6.4.1. Global Virtual Private Network Market, by IP, by Region, 2019-2032 (USD Billion)
- 6.5. MPLS
- 6.5.1. Global Virtual Private Network Market, by MPLS, by Region, 2019-2032 (USD Billion)
- 7. Global Virtual Private Network Market, by Connectivity
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 7.3. Site-to-site
- 7.3.1. Global Virtual Private Network Market, by Site-to-site, By Region, 2019-2032 (USD Billion)
- 7.4. Remote access
- 7.4.1. Global Virtual Private Network Market, by Remote access, By Region, 2019-2032 (USD Billion)
- 7.5. Extranet
- 7.5.1. Global Virtual Private Network Market, by Extranet, By Region, 2019-2032 (USD Billion)
- 8. Global Virtual Private Network Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Virtual Private Network Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Virtual Private Network Market – North America
- 8.3.1. North America: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.3.2. North America: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.3.3. North America: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.3.4. Virtual Private Network Market – U.S.
- 8.3.4.1. U.S.: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.3.5. Virtual Private Network Market – Canada
- 8.3.5.1. Canada: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.4. Virtual Private Network Market – Europe
- 8.4.1. Europe: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.4.3. Europe: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.4.4. Virtual Private Network Market – UK
- 8.4.4.1. UK: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.4.5. Virtual Private Network Market – France
- 8.4.5.1. France: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.4.5.3. France: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.4.6. Virtual Private Network Market – Germany
- 8.4.6.1. Germany: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.4.7. Virtual Private Network Market – Italy
- 8.4.7.1. Italy: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.4.8. Virtual Private Network Market – Spain
- 8.4.8.1. Spain: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.4.9. Virtual Private Network Market – Netherlands
- 8.4.9.1. Netherlands: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.4.10. Virtual Private Network Market – Russia
- 8.4.10.1. Russia: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.5. Virtual Private Network Market – Asia Pacific
- 8.5.1. Asia Pacific: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.5.4. Virtual Private Network Market – China
- 8.5.4.1. China: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.5.4.3. China: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.5.5. Virtual Private Network Market – India
- 8.5.5.1. India: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.5.5.3. India: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.5.6. Virtual Private Network Market – Malaysia
- 8.5.6.1. Malaysia: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.5.7. Virtual Private Network Market – Japan
- 8.5.7.1. Japan: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.5.8. Virtual Private Network Market – Indonesia
- 8.5.8.1. Indonesia: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.5.9. Virtual Private Network Market – South Korea
- 8.5.9.1. South Korea: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.6. Virtual Private Network Market – Middle East & Africa
- 8.6.1. Middle East & Africa: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.6.4. Virtual Private Network Market – Saudi Arabia
- 8.6.4.1. Saudi Arabia: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.6.5. Virtual Private Network Market – UAE
- 8.6.5.1. UAE: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.6.6. Virtual Private Network Market – Israel
- 8.6.6.1. Israel: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.6.7. Virtual Private Network Market – South Africa
- 8.6.7.1. South Africa: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.7. Virtual Private Network Market – Latin America
- 8.7.1. Latin America: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.7.4. Virtual Private Network Market – Mexico
- 8.7.4.1. Mexico: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.7.5. Virtual Private Network Market – Brazil
- 8.7.5.1. Brazil: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 8.7.6. Virtual Private Network Market – Argentina
- 8.7.6.1. Argentina: Virtual Private Network Market, by Component, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Virtual Private Network Market, by Connectivity, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Virtual Private Network Market, by Type, 2019-2032 (USD Billion)
- 9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
- 10. Company Profiles
- 10.1. Avast Software s.r.o.
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. BlackBerry Limited.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Cisco Systems, Inc.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Citrix Systems, Inc.
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. CyberGhost S.R.L.
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Google LLC
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. IBM Corporation
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Absolute Software Corporation.
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Opera Holdings
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. WatchGuard Technologies, Inc.
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
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