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VPN Services Market, Global Outlook and Forecast 2023-2029

VPN Services Market, Global Outlook and Forecast 2023-2029

  • Published on : 03 June 2023
  • Pages :111
  • Report Code:SMR-7703290

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Report overview

A virtual private network (VPN) extends a private network across a public network, and enables users to send and receive data across shared or public networks as if their computing devices were directly connected to the private network. ("In the simplest terms, it creates a secure, encrypted connection, which can be thought of as a tunnel, between your computer and a server operated by the VPN service.") Applications running across the VPN may therefore benefit from the functionality, security, and management of the private network.

VPNs may allow employees to securely access a corporate intranet while located outside the office. They are used to securely connect geographically separated offices of an organization, creating one cohesive network. Personal VPN Users Internet users may secure their wireless transactions with a VPN, to circumvent geo-restrictions and censorship, or to connect to proxy servers for the purpose of protecting personal identity and location. However, some Internet sites block access to known VPN technology to prevent the circumvention of their geo-restrictions.

A VPN is created by establishing a virtual point-to-point connection through the use of dedicated connections, virtual tunneling protocols, or traffic encryption. A VPN available from the public Internet can provide some of the benefits of a wide area network (WAN). From a user perspective, the resources available within the private network can be accessed remotely.

Traditional VPNs are characterized by a point-to-point topology, and they do not tend to support or connect broadcast domains, so services such as Microsoft Windows NetBIOS may not be fully supported or work as they would on a local area network (LAN). Designers have developed VPN variants, such as Virtual Private LAN Service (VPLS), and layer-2 tunneling protocols, to overcome this limitation.
This report aims to provide a comprehensive presentation of the global market for VPN Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding VPN Services. This report contains market size and forecasts of VPN Services in global, including the following market information:
Global VPN Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global VPN Services market was valued at US$ 2029.5 million in 2022 and is projected to reach US$ 3401.4 million by 2029, at a CAGR of 7.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Private Internet Access, Nord VPN, Torguard, CyberGhost and Hotspot Shield are the leading producers of virtual Private networks (VPNs), with the top three accounting for about 30%. Europe is the main market, accounting for about 40%, followed by North America, about 35%.
We surveyed the VPN Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global VPN Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global VPN Services Market Segment Percentages, by Type, 2022 (%)
Remote Access VPN
Site-to-Site VPN
Global VPN Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global VPN Services Market Segment Percentages, by Application, 2022 (%)
Students and workers
Security enthusiasts
World travelers
Businesses and websites
Global VPN Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global VPN Services Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies VPN Services revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies VPN Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
NordVPN
ZenMate
ExpressVPN
Perimeter 81
Cisco AnyConnect
Hide.me
Norton WiFi Privacy
Speedify
CyberGhost
OEM VPN Unlimited
GooseVPN
VyprVPN
KeepSolid VPN Lite
Trunkspace PrivateVPN
FastestVPN
ButterflyVPN Router
KeepSolid
ZoogVPN
Mullvad
FrootVPN
Outline of Major Chapters:
Chapter 1: Introduces the definition of VPN Services, market overview.
Chapter 2: Global VPN Services market size in revenue.
Chapter 3: Detailed analysis of VPN Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of VPN Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.