Virtual Private Network (VPN) Market analysis research and trends report for 2021 – 2027
Category: #business  By Rahul Varpe  Date: 2021-11-29
  • share
  • Twitter
  • Facebook
  • LinkedIn
Virtual Private Network (VPN) Market analysis research and trends report for 2021 – 2027

The virtual private network (VPN) market is likely to foresee lucrative growth by 2027 owing to the increasing internet and smartphone penetration, surging BYOD trend across enterprises, increasing work-from-home trend in IT companies, and the rising adoption of IoT devices across the production facilities.

A VPN or virtual private network obscures internet data traveling to and from the users device. The VPN software typically lives on users device, whether it is a smartphone, tablet or a computer. Virtual private networks are very essential for the users because the internet connections could be spied easily by spiteful cybercriminals. Virtual private network services often connect to private servers and utilize encryption techniques to reduce data leakage risks.

The virtual private network (VPN) market is segmented on the basis of component, by type, by connectivity, application and regional landscape.

With respect to type, the VPN market is categorized into mobile VPN, Cloud VPN, MPLS, and IP VPN. Among these, the mobile VPN segment is estimated to witness more than 20% CAGR over the projected time period. The increasing smartphone penetration across the globe will drive the segmental growth.

Request sample copy of this report @ https://www.decresearch.com/request-sample/detail/2756

Smartphone or mobile VPN services are generally a reliable way to protect users internet activities. An effectual mobile VPN provides continuous service to customers and can effortlessly switch across access technologies and various private and public networks. Mobile VPN functioning is always transparent to the end user without having to compromise on privacy or security.

In terms of application, the market for VPN is bifurcated in terms of service provider, commercial and consumer. The consumer segment is further classified into laptops and PCs, tablets, and smartphones. Here, the tablets segment will witness a CAGR of over 20% through the forthcoming time period owing to the rising BYOD trend across enterprises.

The commercial segment is classified into government, manufacturing, healthcare, IT, BFSI and others. Among these, the IT segment made up approximately 20% share of the VPN market and will continue to show similar growth. This growth is largely ascribed to the due to increasing trend of work-from-home across IT companies.

The manufacturing segment is anticipated to showcase a CAGR of over 20% through the forecast period. The increasing adoption of IoT devices across the production facilities will accelerate the segment growth.

Make Inquiry about this report @ https://www.decresearch.com/inquiry-before-buying/2756

On the regional front, the Latin America VPN market is slated to grow at a CAGR of 20% over the analysis timeline. The growth is ascribed to the increasing internet penetration in the region.

Meanwhile, MEA is expected to grow at a CAGR of around 15% over the assessment period owing to the growing mobile subscribers across the region.

Table of Contents

Chapter 1 Methodology & Scope

  • 1.1 Scope and definition
  • 1.2 Methodology & forecast parameters
  • 1.3 COVID-19 impct
    • 1.3.1 North America
    • 1.3.2 Europe
    • 1.3.3 Asia Pacific
    • 1.3.4 Latin America
    • 1.3.5 MEA
  • 1.4 Data Sources
    • 1.4.1 Secondary
      • 1.4.1.1 Paid sources
      • 1.4.1.2 Public sources
    • 1.4.2 Primary

Chapter 2 Executive Summary

  • 2.1 VPN industry 360 degree synopsis, 2016 - 2027
    • 2.1.1 Business trends
    • 2.1.2 Regional trends
    • 2.1.3 Component trends
    • 2.1.4 Type trends
    • 2.1.5 Connectivity trends
    • 2.1.6 Application trends

Browse more reports -

Smart Water Metering Market - https://www.marketwatch.com/press-release/smart-water-metering-market-global-key-players-trends-share-industry-size-segmentation-opportunities-forecast-to-2024-2021-11-28

Smart Gas Metering Systems Market - https://www.marketwatch.com/press-release/smart-gas-metering-systems-market-industry-growth-analysis-forecast-by-2024-2021-11-28

Geofencing Market - https://www.marketwatch.com/press-release/geofencing-market-key-driving-factors-and-challenges-opportunities-and-forecast-insights-by-2024-2021-11-28

Beacon Technology Market - https://www.marketwatch.com/press-release/beacon-technology-market-latest-trends-development-growth-analysis-and-forecast-by-2024-2021-11-28

Augmented Reality Market- https://www.marketwatch.com/press-release/augmented-reality-market-industry-growth-analysis-forecast-by-2024-2021-11-28

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

Read More >>

More News By Rahul Varpe

Construction Site Preparation Equipment Market : Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, Forecast
Construction Site Preparation Equipment Market : Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, Forecast
By Rahul Varpe

The construction site preparation equipment market is expected to grow substantially by 2028 on account of rising number of public infrastructure development projects worldwide. In addition, increasing investments towards R&D activities from manu...

Concrete Chain Saw Market Global Industry Analysis, By System, Growth Potential, Share, Top Key Players, Trends & Forecast
Concrete Chain Saw Market Global Industry Analysis, By System, Growth Potential, Share, Top Key Players, Trends & Forecast
By Rahul Varpe

The concrete chain saw market is slated to witness exponential growth by 2028 on account of the booming construction and building maintenance sector around the world. In addition, growing awareness regarding the benefits of using a concrete chainsaw ...

Stand Tile Saw Market Estimation, Global Share, Industry Outlook, Price Trend, Growth Opportunity and Top Regional Forecast
Stand Tile Saw Market Estimation, Global Share, Industry Outlook, Price Trend, Growth Opportunity and Top Regional Forecast
By Rahul Varpe

The stand tile saw market is poised to expand substantially by 2028 on account of burgeoning number of construction activities around the globe. In addition, rapid urbanization and rising consumer spending across key regions are likely to further pro...