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Global Virtual Private Network Market
Dublin, Jan. 05, 2024 (GLOBE NEWSWIRE) — The “Global Virtual Private Network Market Size, Share & Trends Analysis Report by Component (Hardware, Software, Services), Type (Site-To-Site, Remote Access, Extranet), Deployment Mode, End Use, Region, and Segment Forecasts, 2023-2030” report has been added to ResearchAndMarkets.com’s offering.The global virtual private network market size is expected to reach USD 151.92 billion by 2030 and is anticipated to expand at a CAGR of 17.7% from 2023 to 2030
The rising point of cybersecurity threats is expected to drive the market expansion during the forecast period. As high-speed data networks are deployed and connected devices continually proliferate, data security and privacy are emerging as primary concerns, as other people visit the public. connects to unsecured Wi-Fi networks.
Hackers specifically attack people when they penetrate vulnerable access issues and connect to unsecured networks. This drives the adoption of virtual personal networks (VPNs) and leverages the encryption provided through VPN generation to protect others from malicious activity.
The increasing adoption of VPN responses across multiple verticals and the development of security considerations are some of the significant points driving the expansion of the market. For an organization, a virtual personal network can potentially encrypt all data to protect the organization’s resources when knowledge is transferred over a public web connection.
Therefore, a VPN helps reduce expenses by eliminating the need for leased lines. A VPN also helps improve operational efficiency. For example, Brown Bear Corporation, which handles utility, environmental, and production applications, uses a VPN solution to allow corporate staff to connect to Brown Bear’s store or workplace to reduce travel time and increase control efficiency. Because VPN installations encrypt all data, the government can’t censor a VPN attachment, allowing advertising users and individual users to access sites that would otherwise be impenetrable. As a result, businesses and citizens turn to VPN solutions to triumph over forced censorship and access sites that are blocked in a specific country.
As a result, countries such as China and Russia, among others, have imposed strict restrictions on VPNs; those restrictions have a greater awareness of VPNs rather than limiting market expansion. Highlights of the Virtual Private Networks Market Report
The market is expected to witness significant expansion during the forecasted period, owing to increasing security considerations in many end-use sectors.
The relentless study and innovation of generation corporations is driving the adoption of complex technologies in verticals, such as BFSI, healthcare, retail, telecommunications, among others.
North America is expected to become one of the major regional markets due to aggressive spending on R
The software segment accounted for the largest percentage of revenue, at 49. 6% in 2022. It is expected to witness the fastest expansion in CAGR during the forecasted period.
The cloud segment accounted for the highest 73. 0% profit percentage in 2022 and is expected to witness the fastest expansion in CAGR during the forecasted period.
Company Profiles
Avast Software s. r. o.
BlackBerry Limited.
Cisco Systems, Inc.
Citrix Systems, Inc.
CyberGhost S.R.L.
Google LLC
IBM Corporation
Absolute company.
Opera Background
WatchGuard Technologies, Inc.
Key attributes:
Report Attribute
Details
Number of pages
200
Forecast Period
2022 – 2030
Estimated Market Value (USD) in 2022
$41. 33 billion
Projected Market (USD) to 2030
$151. 92 billion
Compound Annual Growth Rate
17,7%
Regions Covered
world
Key Topics Covered: Chapter 1. Methodology and ScopeChapter 2. Executive Summary2.1. Market Outlook2.2. Segment Outlook2.2.1. Component outlook2.2.2. Type outlook2.2.3. Connectivity outlook2.2.4. Deployment outlook2.2.5. End-use outlook2.2.6. Regional outlook2.3. Competitive InsightsChapter 3. Virtual Private Network Market Variables, Trends & Scope3.1. Market Lineage Outlook3.2. Industry Value Chain Analysis3.3. Market Dynamics3.3.1. Market driver analysis3.3.2. Market restraint analysis3.3.3. Market opportunity analysis3.4. Virtual Private Network Market Analysis Tools3.4.1. Industry Analysis – Porter’s3.4.2. PESTEL AnalysisChapter 4. Virtual Private Network Market : Component Estimates & Trend Analysis4.1. Virtual Private Network Market: Key Takeaways4.2. Virtual Private Network Market: Movement & Market Share Analysis, 2022 & 20304.3. Hardware4.4. Software4.5. ServiceChapter 5. Virtual Private Network Market : Type Estimates & Trend Analysis5.1. Virtual Private Network Market: Key Takeaways5.2. Virtual Private Network Market: Movement & Market Share Analysis, 2022 & 20305.3. Hosted5.4. IP5.5. MPLSChapter 6. Virtual Private Network Market : Connectivity Estimates & Trend Analysis6.1. Virtual Private Network Market: Key Takeaways6.2. Virtual Private Network Market: Movement & Market Share Analysis, 2022 & 20306.3. Site-to-site6.4. Remote access6.5. ExtranetChapter 7. Virtual Private Network Market : Deployment Estimates & Trend Analysis7.1. Virtual Private Network Market: Key Takeaways7.2. Virtual Private Network Market: Movement & Market Share Analysis, 2022 & 20307.3. Cloud7.4. On-premiseChapter 8. Virtual Private Network Market : Connectivity Estimates & Trend Analysis8.1. Virtual Private Network Market: Key Takeaways8.2. Virtual Private Network Market: Movement & Market Share Analysis, 2022 & 20308.3. Commercial8.4. Individual8.5. Service ProvidersChapter 9. Virtual Private Network Market: Regional Estimates & Trend Analysis9.1. Regional Outlook9.2. Virtual Private Network Market by Region: Key TakeawayChapter 10. Competitive Landscape10.1. Recent Developments & Impact Analysis, By Key Market Participants10.2. Market Participant Categorization10.2.1. Company overview10.2.2. Financial performance10.2.3. Product benchmarking10.2.4. Strategic initiatives
For more information on this report, https://www. researchandmarkets. com/r/dkalf1
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Global Virtual Private Network Market