Global Virtual Private Network Market

Global Virtual Private Network Market Size, Trends & Analysis with COVID-19 Impact - Forecasts To 2026 By Connectivity (Site-to-site, Remote Access, Extranet), By Type (Internet Protocol (IP), Multi-Protocol Label Switching (MLPS), Cloud VPN, Mobile VPN), By Component (Software, Hardware, Services), By End-Use Industry (Manufacturing, Healthcare, Government, Consumer, IT and Telecom, BFSI, Others), By Region (North America, Europe, Asia Pacific and Rest of the World); and Company Market Share Analysis & Competitor Analysis

Category Electronics, Semiconductors and Information & Communication Technology

Format

This report was recently updated on July 20 2024 with the latest and most recent market numbers

Virtual Private Network Market: Insights

The global virtual private network market will register a strong CAGR over the predicted period from 2020 to 2026. A secure point-to-point communication between two systems or a network over the Internet is a virtual private network. The virtual private network allows users operating at home or in the workplace to easily connect to a central corporate server using the internet-provided routing infrastructure. Virtual Private Network has been used to offer its employees with various security solutions based on their levels of authority. Some of the vital factors that are likely to drive virtual private network industry growth are the growing number of data breaches and cyber attacks, along with the rising adoption of enterprise mobility ad bring your own device (BYOD). The increasing proliferation of internet services is driving the market growth. Moreover, maintaining integrity verification and authentication and growing technological investments to strengthen data protection from various verticals around the globe are some of the factors that are expected to impact business development. However, some of the factors that are expected to obstruct market development during the projected timeframe are high deployment costs and data protection concerns.

Global Virtual Private Network Market Size – Forecasts to 2026

Virtual Private Network Market: By Connectivity

Based on the analysis of connectivity, this market can be segregated into three segments namely; site-to-site, extranet, and remote access. Amongst all the types of connectivity, remote access will be the fastest-growing segment to grow at a strong growth rate. The growing government spending, along with the growing work from the home acceptance, would intensify the rise in demand for virtual private networks. Moreover, increasing cloud infrastructure penetration and safe remote access are expected to boost the market growth. Furthermore, the extranet category was measured to maintain the highest growth rate between 2020 and 2026. The development may be due to the rising use of extranets by businesses to reveal private information on public networks. To contribute, corporations are now relying more on expanding their internal web apps to the clients and customers of the company.

Virtual Private Network Market: By Type of Components

Based on the components, the market is sliced into hardware, software, and services. The software element contributes the most to the global sales of the market. The increasing implementation and deployment of user apps will require post-service maintenance for both upgrades and improvements. Furthermore, the service category was measured to maintain the highest growth rate between 2020 and 2026. The demand for VPN services will continue to be influenced by the increasingly evolving nature of work and the changing commercial conditions for virtual private networks.

Virtual Private Network Market: By Type

Based on the analysis of type, this market is split up into five parts namely; internet protocol (IP), multi-protocol label switching (MLPS), cloud VPN, and mobile VPN. With the expansion of organizations, the multi-protocol label switching (MLPS) sector would be quicker than the latter one. It provides outstanding service efficiency in terms of preventing packet loss and maintaining the most critical traffic flowing from an organization are some of the factors expected to influence market growth.

Global Virtual Private Network Market Segmentation

Virtual Private Network Market: By End-Use Industry

Based on the study of the end-use industry, the market is broken into BFSI, manufacturing, IT and telecom, healthcare, government, consumer, among others. The BFSI segment contributes the largest share to the global sales of the market in terms of value over the expected timeframe. This is due to the rising adoption of the internet and the increasing application of this technology, some of the factors that influence the industry's growth. The combination between authentication-data and passwords has become ubiquitous and the growing majority of financial evaluations are among the primary factors driving Virtual Private Network demand. In comparison, over the expected timeframe, the most rising segment in the industry is healthcare. The rising healthcare industry and the expansion of urban cities are propelling market growth in mature economies and developing countries.

Virtual Private Network Market

Virtual Private Network Market: By Region

Based on the geographic location, North America, APAC, MEA, CSA and Europe are the major market divisions. The North America region will register a major share over the projected timeline. The U.S. is credited with technical developments in the IT infrastructure and BFSI and telecommunications demand is rapidly impacting the U.S. market. Furthermore, the Asia-Pacific region is predicted to be the fastest-growing region over the anticipated period due to the growing acceptance of VPN services and solutions in countries such as India, and China, among others coupled with the increasing investment in infrastructure, is projected to fuel business growth.

Virtual Private Network Market Share & Competitor Analysis

The leading key players operating in this market are Opera Software, Citrix Systems, Inc, Columbitech, Cryptzone, Check Point Software Technologies Ltd., Microsoft Corporation, BlackBerry Limited, NCP Engineering GmbH, Smith Micro Software, Inc., Anthasoft SA DE CV, Google LLC., Avast Software s.r.o., AnchorFree GmbH, Array Networks, Inc., Buffered Ltd., Golden Frog GmbH, CyberGhost S.A., IBM Corporation, Safer Social Ltd., Juniper Networks, NetMotion Software, Watchguard Technologies, Inc., TunnelBear Inc., Mudhook Marketing, Inc., and Windscribe Limited, among others.

Please note: This is not an exhaustive list of companies profiled in the report.

In January 2019, IBM signed an agreement to acquire the T-Systems-Mainframe Services business. The company is active in delivering end-to-end assistance to various enterprises in automating their technology landscapes.

Check the Press Release on Global Virtual Private Network Market Report

Virtual Private Network Market: By Component

Introduction
1. Virtual Private Network Market, By Component, 2019-2026 (USD Million)
Hardware
1. Hardware: Virtual Private Network Market, 2019-2026 (USD Million)
Software
1. Software: Virtual Private Network Market, 2019-2026 (USD Million)
Services
1. Services: Virtual Private Network Market, 2019-2026 (USD Million)

Virtual Private Network Market: By Type

Introduction
1. Virtual Private Network Market, By Type, 2019-2026 (USD Million)
Internet Protocol (IP)
1. Internet Protocol (IP): Virtual Private Network Market, 2019-2026 (USD Million)
Multi-Protocol Label Switching (MLPS)
1. Multi-Protocol Label Switching (MLPS): Virtual Private Network Market, 2019-2026 (USD Million)
Cloud VPN
1. Cloud VPN: Virtual Private Network Market, 2019-2026 (USD Million)
Mobile VPN
1. Mobile VPN: Virtual Private Network Market, 2019-2026 (USD Million)

Virtual Private Network Market: By Connectivity

Introduction
1. Virtual Private Network Market, By Connectivity, 2019-2026 (USD Million)
Site-to-site
1. Site-to-site: Virtual Private Network Market, 2019-2026 (USD Million)
Remote Access
1. Remote Access: Virtual Private Network Market, 2019-2026 (USD Million)
Extranet
1. Extranet: Virtual Private Network Market, 2019-2026 (USD Million)

Virtual Private Network Market: By End-Use Industry

Introduction
1. Virtual Private Network Market, By End-Use Industry, 2019-2026 (USD Million)
BFSI
1. BFSI: Virtual Private Network Market, 2019-2026 (USD Million)
Healthcare
1. Healthcare: Virtual Private Network Market, 2019-2026 (USD Million)
IT & Telecom
1. IT & Telecom: Virtual Private Network Market, 2019-2026 (USD Million)
Government
1. Government: Virtual Private Network Market, 2019-2026 (USD Million)
Manufacturing
1. Manufacturing: Virtual Private Network Market, 2019-2026 (USD Million)
Consumer
1. Consumer: Virtual Private Network Market, 2019-2026 (USD Million)
Others
1. Others: Virtual Private Network Market, 2019-2026 (USD Million)

Virtual Private Network Market: By Region

Introduction
1. Global Virtual Private Network Market, Regional Analysis, 2019-2026 (USD Million)
North America
1. North America Virtual Private Network Market, Regional Analysis, 2019-2026 (USD Million)
  1. By Component
    1. North America Virtual Private Network Market, By Component, 2019-2026 (USD Million)
  2. By Type
    1. North America Virtual Private Network Market, By Type, 2019-2026 (USD Million)
  3. By Connectivity
    1. North America Virtual Private Network Market, By Connectivity, 2019-2026 (USD Million)
  4. By End-Use Industry
    1. North America Virtual Private Network Market, By End-Use Industry, 2019-2026 (USD Million)
  5. By Country
    1. U.S
      1. By Component
        
        U.S Virtual Private Network Market, By Component, 2019-2026 (USD Million)
      2. By Type
        
        U.S Virtual Private Network Market, By Type, 2019-2026 (USD Million)
      3. By Connectivity
        
        U.S Virtual Private Network Market, By Connectivity, 2019-2026 (USD Million)
      4. By End-Use Industry
        
        U.S Virtual Private Network Market, By End-Use Industry, 2019-2026 (USD Million)
    2. Canada
      1. By Component
        
        Canada Virtual Private Network Market, By Component, 2019-2026 (USD Million)
      2. By Type
        
        Canada Virtual Private Network Market, By Type, 2019-2026 (USD Million)
      3. By Connectivity
        
        Canada Virtual Private Network Market, By Connectivity, 2019-2026 (USD Million)
      4. By End-Use Industry
        
        Canada Virtual Private Network Market, By End-Use Industry, 2019-2026 (USD Million)
    3. Mexico
      1. By Component
        
        Mexico Virtual Private Network Market, By Component, 2019-2026 (USD Million)
      2. By Type
        
        Mexico Virtual Private Network Market, By Type, 2019-2026 (USD Million)
      3. By Connectivity
        
        Mexico Virtual Private Network Market, By Connectivity, 2019-2026 (USD Million)
      4. By End-Use Industry
        
        Mexico Virtual Private Network Market, By End-Use Industry, 2019-2026 (USD Million)
Europe
1. Europe Virtual Private Network Market, Regional Analysis, 2019-2026 (USD Million)
  1. By Component
    1. Europe Virtual Private Network Market, By Component, 2019-2026 (USD Million)
  2. By Type
    1. Europe Virtual Private Network Market, By Type, 2019-2026 (USD Million)
  3. By Connectivity
    1. Europe Virtual Private Network Market, By Connectivity, 2019-2026 (USD Million)
  4. By End-Use Industry
    1. Europe Virtual Private Network Market, By End-Use Industry, 2019-2026 (USD Million)
  5. By Country
    1. Germany
      1. By Component
        
        Germany Virtual Private Network Market, By Component, 2019-2026 (USD Million)
      2. By Type
        
        Germany Virtual Private Network Market, By Type, 2019-2026 (USD Million)
      3. By Connectivity
        
        Germany Virtual Private Network Market, By Connectivity, 2019-2026 (USD Million)
      4. By End-Use Industry
        
        Germany Virtual Private Network Market, By End-Use Industry, 2019-2026 (USD Million)
    2. UK
      1. By Component
        
        UK Virtual Private Network Market, By Component, 2019-2026 (USD Million)
      2. By Type
        
        UK Virtual Private Network Market, By Type, 2019-2026 (USD Million)
      3. By Connectivity
        
        UK Virtual Private Network Market, By Connectivity, 2019-2026 (USD Million)
      4. By End-Use Industry
        
        UK Virtual Private Network Market, By End-Use Industry, 2019-2026 (USD Million)
    3. France
      1. By Component
        
        France Virtual Private Network Market, By Component, 2019-2026 (USD Million)
      2. By Type
        
        France Virtual Private Network Market, By Type, 2019-2026 (USD Million)
      3. By Connectivity
        
        France Virtual Private Network Market, By Connectivity, 2019-2026 (USD Million)
      4. By End-Use Industry
        
        France Virtual Private Network Market, By End-Use Industry, 2019-2026 (USD Million)
    4. Italy
      1. By Component
        
        Italy Virtual Private Network Market, By Component, 2019-2026 (USD Million)
      2. By Type
        
        Italy Virtual Private Network Market, By Type, 2019-2026 (USD Million)
      3. By Connectivity
        
        Italy Virtual Private Network Market, By Connectivity, 2019-2026 (USD Million)
      4. By End-Use Industry
        
        Italy Virtual Private Network Market, By End-Use Industry, 2019-2026 (USD Million)
    5. Rest Of Europe
      1. By Component
        
        Rest Of Europe Virtual Private Network Market, By Component, 2019-2026 (USD Million)
      2. By Type
        
        Rest Of Europe Virtual Private Network Market, By Type, 2019-2026 (USD Million)
      3. By Connectivity
        
        Rest Of Europe Virtual Private Network Market, By Connectivity, 2019-2026 (USD Million)
      4. By End-Use Industry
        
        Rest Of Europe Virtual Private Network Market, By End-Use Industry, 2019-2026 (USD Million)
Asia Pacific
1. Asia Pacific Virtual Private Network Market, Regional Analysis, 2019-2026 (USD Million)
  1. By Component
    1. Asia Pacific Virtual Private Network Market, By Component, 2019-2026 (USD Million)
  2. By Type
    1. Asia Pacific Virtual Private Network Market, By Type, 2019-2026 (USD Million)
  3. By Connectivity
    1. Asia Pacific Virtual Private Network Market, By Connectivity, 2019-2026 (USD Million)
  4. By End-Use Industry
    1. Asia Pacific Virtual Private Network Market, By End-Use Industry, 2019-2026 (USD Million)
  5. By Country
    1. China
      1. By Component
        
        China Virtual Private Network Market, By Component, 2019-2026 (USD Million)
      2. By Type
        
        China Virtual Private Network Market, By Type, 2019-2026 (USD Million)
      3. By Connectivity
        
        China Virtual Private Network Market, By Connectivity, 2019-2026 (USD Million)
      4. By End-Use Industry
        
        China Virtual Private Network Market, By End-Use Industry, 2019-2026 (USD Million)
    2. Japan
      1. By Component
        
        Japan Virtual Private Network Market, By Component, 2019-2026 (USD Million)
      2. By Type
        
        Japan Virtual Private Network Market, By Type, 2019-2026 (USD Million)
      3. By Connectivity
        
        Japan Virtual Private Network Market, By Connectivity, 2019-2026 (USD Million)
      4. By End-Use Industry
        
        Japan Virtual Private Network Market, By End-Use Industry, 2019-2026 (USD Million)
    3. India
      1. By Component
        
        India Virtual Private Network Market, By Component, 2019-2026 (USD Million)
      2. By Type
        
        India Virtual Private Network Market, By Type, 2019-2026 (USD Million)
      3. By Connectivity
        
        India Virtual Private Network Market, By Connectivity, 2019-2026 (USD Million)
      4. By End-Use Industry
        
        India Virtual Private Network Market, By End-Use Industry, 2019-2026 (USD Million)
    4. South Korea
      1. By Component
        
        South Korea Virtual Private Network Market, By Component, 2019-2026 (USD Million)
      2. By Type
        
        South Korea Virtual Private Network Market, By Type, 2019-2026 (USD Million)
      3. By Connectivity
        
        South Korea Virtual Private Network Market, By Connectivity, 2019-2026 (USD Million)
      4. By End-Use Industry
        
        South Korea Virtual Private Network Market, By End-Use Industry, 2019-2026 (USD Million)
Central & South America
1. Central & South America Virtual Private Network Market, Regional Analysis, 2019-2026 (USD Million)
  1. By Component
    1. Central & South America Virtual Private Network Market, By Component, 2019-2026 (USD Million)
  2. By Type
    1. Central & South America Virtual Private Network Market, By Type, 2019-2026 (USD Million)
  3. By Connectivity
    1. Central & South America Virtual Private Network Market, By Connectivity, 2019-2026 (USD Million)
  4. By End-Use Industry
    1. Central & South America Virtual Private Network Market, By End-Use Industry, 2019-2026 (USD Million)
  5. By Country
    1. Brazil
      1. By Component
        
        Brazil Virtual Private Network Market, By Component, 2019-2026 (USD Million)
      2. By Type
        
        Brazil Virtual Private Network Market, By Type, 2019-2026 (USD Million)
      3. By Connectivity
        
        Brazil Virtual Private Network Market, By Connectivity, 2019-2026 (USD Million)
      4. By End-Use Industry
        
        Brazil Virtual Private Network Market, By End-Use Industry, 2019-2026 (USD Million)
Middle East & Africa
1. Middle East & Africa Virtual Private Network Market, Regional Analysis, 2019-2026 (USD Million)
  1. By Component
    1. Middle East & Africa Virtual Private Network Market, By Component, 2019-2026 (USD Million)
  2. By Type
    1. Middle East & Africa Virtual Private Network Market, By Type, 2019-2026 (USD Million)
  3. By Connectivity
    1. Middle East & Africa Virtual Private Network Market, By Connectivity, 2019-2026 (USD Million)
  4. By End-Use Industry
    1. Middle East & Africa Virtual Private Network Market, By End-Use Industry, 2019-2026 (USD Million)
  5. By Country
    1. Saudi Arabia
      1. By Component
        
        Saudi Arabia Virtual Private Network Market, By Component, 2019-2026 (USD Million)
      2. By Type
        
        Saudi Arabia Virtual Private Network Market, By Type, 2019-2026 (USD Million)
      3. By Connectivity
        
        Saudi Arabia Virtual Private Network Market, By Connectivity, 2019-2026 (USD Million)
      4. By End-Use Industry
        
        Saudi Arabia Virtual Private Network Market, By End-Use Industry, 2019-2026 (USD Million)
    2. UAE
      1. By Component
        
        UAE Virtual Private Network Market, By Component, 2019-2026 (USD Million)
      2. By Type
        
        UAE Virtual Private Network Market, By Type, 2019-2026 (USD Million)
      3. By Connectivity
        
        UAE Virtual Private Network Market, By Connectivity, 2019-2026 (USD Million)
      4. By End-Use Industry
        
        UAE Virtual Private Network Market, By End-Use Industry, 2019-2026 (USD Million)

The Global Virtual Private Network Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Virtual Private Network Market

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Virtual Private Network Market.

Virtual Private Network Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Virtual Private Network Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.

Virtual Private Network Market