Market Insights

As per recent research by MarkNtel Advisors, The Global Virtual Private Network (VPN) Market is projected to grow at a CAGR of around 17% during the forecast period, i.e., 2023-28.

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Global Virtual Private Network (VPN) Market Key Drivers:

Rapidly Rising Instances of Cyber Attacks across Different End-User Verticals - The ever-growing incidence of cyberattacks worldwide as people visiting public places log into unsecured Wi-Fi networks has raised severe safety concerns and, in turn, created the need for deploying virtual private networks across several businesses since hacker’s target persons who join susceptible hotspots & gain access to unsecured networks. Hence, the need for the implementation of VPNs and powering the encryption offered by them in order to defend the public from malicious action are driving the Global Virtual Private Network (VPN) Market.

Market Segmentation and Consumer Behavior:

By Component

• Solution

• Services

By Type

• Site-to-Site

• Remote Access

• Extranet

• Others

By Deployment

• Cloud

• On-Premise

By End-User

• Commercial

• Individual

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Virtual Private Network (VPN) Market Geographical Analysis:

By Region:

• North America

• South America

• Europe

• Middle East & Africa

• Asia-Pacific

Key Players and Competitive Strategies in the Virtual Private Network (VPN) Market

Several prominent players dominate the Virtual Private Network (VPN) Market, including:

• Avast Software s.r.o.

• Citrix Systems, Inc.

• NordVPN

• Radio IP Software

• CyberGhost S.R.L

• Cisco Systems, Inc.

• IBM Corporation

• Google LLC

• NetMotion Software

• Juniper Networks

• Checkpoint Software Inc.

• Opera Norway AS

• WatchGuard Technologies, Inc.

• Microsoft Corporation

• BlackBerry Limited

• Array Networks, Inc.

• TunnelBear Inc.

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Questions Addressed in this Study

1.What factors are driving the Virtual Private Network (VPN) Market growth?

2.How is the Virtual Private Network (VPN) Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Virtual Private Network (VPN) Market?

4.What is the current size of the Virtual Private Network (VPN) Market, and how is it projected to change in the future?

5.What is the future outlook for the Virtual Private Network (VPN) Market in terms of technological advancements and market expansion?

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