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Virtual Private Network (VPN) Market - Real-time Info Desired during 2018 – 2023

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Vilas MRFR
Virtual Private Network (VPN) Market - Real-time Info Desired during 2018 – 2023

Global Virtual Private Network Market, By Type (Hosted, IP, Multiprotocol Label Switching, Cloud), deployment (On-Premise, On-Cloud), Products (Routers, Switches, Firewalls), by End User (Government, Telecommunication, Manufacturing, Healthcare, BFSI, Utilities) - Forecast Till 2023

 

Market Scenario:

Companies such Golden Frog, GmbH (Switzerland),Microsoft Corporation (U.S), Private Internet Access (U.S), CyberGhost S.A. (Romani), NetGear, Inc. (U.S) are the leading providers of virtual private network in the global market. The VPN allows users to access data remotely with secure tunneling and encryption methods thereby allowing the business continuation which in turn fuel the market growth. The VPN allows the securing of the private business data which might include customer information, product catalog, employee and customer information, company projections. The VPN allows the sharing of data with a particular subset of stakeholders thereby helping in business continuity and reliability.

The VPN enhances the productivity of the organizations as the data is encapsulated into network protocols through a secure passage thereby minimizing and reducing the chances of data breaches and cyber-attacks. The VPN allows the sharing of data with a particular subset of stakeholders thereby helping in business continuity and reliability. The VPN makes the operations more efficient for instance, Brown Bear Corporation (dealing in manufacturing, utility applications and environmental applications) makes use of the VPN by allowing the Supervisory staff to connect via VPN to the office or the brown bear store to increase the management efficiently and reduce the drive time.

 

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The global virtual private network market is segmented into type, deployment, products, end user, and region. The type is segmented into Hosted, IP, Multiprotocol Label Switching, Cloud and others. The deployment are segmented into On-Premise, On-Cloud. The products are segmented Routers, Switches, Firewalls and others. The end users are segmented into Government, Telecommunication, Manufacturing, Healthcare, BFSI, Utilities and others. The market is spanned across regions including North America, Europe, Asia Pacific, and rest of the world.

The regional analysis of virtual private network market is being studied for region such as Asia pacific (China, Japan, India), North America (U.S, Mexico, Canada), Europe (U.K, Germany) and Rest of the World. North America is one of the leading regions across the world in terms of market share. The virtual private network market in this region has a huge demand due to the increasing rate of cybercrime which is propelling the market growth to a large extent. The virtual private network market in Europe region is expected to witness rapid growth in the forthcoming period. Whereas, Asia Pacific countries such as China, Japan, and India is an emerging market for virtual private network market is expected to be the highest CAGR in the coming years.

 

Key Players:

Some of the prominent players in the global Virtual Private Network Market: Microsoft Corporation (U.S), Private Internet Access (U.S), CyberGhost S.A. (Romani), NordVPN (Panama), Purevpn (Hong Kong), IPVanish (U.S), Golden Frog, GmbH (Switzerland), Buffered VPN  (Hungary), SaferVPN (Israel), NetGear, Inc. (U.S) and among others.

 

Key Findings

The global Virtual Private Network Market has generated USD 15.27 billion market value in 2016 and is projected to grow with 18.22% CAGR during forecast period 2016-2022.

By User type, the VPN market has led by hosted followed by IP user type in 2016. Whereas, multiprotocol label switching is expected to drive the market mounting with fastest growing 20.5% CAGR.

By Verticals, government is leading the market and is projected to grow with 19.2% CAGR. Whereas BFSI and utilities is expected to drive the market growing with highest 21.7% and 20.2% CAGR, respectively.

By region, North America is dominating the market and has generated USD 7.37 billion in 2016. Whereas Asia-Pacific is expected to be the fastest growing market during forecast period.

 

Market Research Analysis:

The global virtual private network market is studied on the basis of four regions: the Americas, Europe, Asia Pacific, and Rest of world. North America region is dominating the global virtual private network market. The virtual private network market is witnessing a high growth due to huge demand due to use of Hosted, IP, Multiprotocol Label Switching, Cloud and others. Europe is projected to hold the second largest share of virtual private network market during the forecast period. Asia Pacific is expected to witness the highest CAGR in the coming years.

 

Get Report Details @ https://www.marketresearchfuture.com/reports/virtual-private-network-market-2160

 

Intended Audience

Virtual private network  companies

Virtual private network  providers

Technical universities

System integrators

Managed Security Service Providers

Professional service providers

Research and development companies

Market research and consulting firms

Solution providers

Technology standards organizations

Technology investors

System Integrators

 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

 

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

 

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members

 

Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: [email protected]

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