Virtual Private Network Market, By Component, By Type, By Deployment Mode, By End-Use, By Geography

Description

Virtual private network market is estimated to be valued at US$ 57.2 Bn in 2024 and is expected to reach US$ 194.7 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 19.1% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 57.2 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	19.10%	2031 Value Projection:	US$ 194.7 Bn

Figure 1. Virtual Private Network Market Share (%), By Region, 2024

The market has witnessed tremendous growth over the past few years and is expected to witness significant expansion in the near future. 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. VPNs help to ensure security and privacy online by encrypting traffic between users' devices and VPN servers. These allow people to work from anywhere securely, bypass internet restrictions, and maintain anonymity online. With more people working remotely coupled with growing concerns around online privacy and security, the demand for VPN services is surging globally.

Market Dynamics:

Rising BYOD trends in workplaces, increasing remote and flexible working arrangements, growing concerns around online privacy and security are some of the key factors boosting demand for VPN services. However, availability of free VPN alternatives and lack of awareness in some emerging markets are hampering the market growth. Development of next-gen VPN technologies focusing on enhancing speeds and security coupled with increasing investments by industry players to develop more user-friendly and personalized services present significant growth opportunities for market players.

Key features of the study:

This report provides in-depth analysis of the global virtual private network market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global virtual private network market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Cisco Systems Inc., Fortinet FortiClient, Palo Alto Networks GlobalProtect, Check Point Endpoint Remote Access VPN, SonicWall VPN, and Juniper Networks Pulse Secure.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
Global virtual private network market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global virtual private network market.

Market Segmentation

By Component
- Solution
By Type
- Remote Access
- Extranet
- Site-to-site
- Others
By Deployment Mode
- Cloud
- On-premise
By End-use
- Individual
- Commercial
By Regional
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players Insights
- Cisco system Inc.
- Fortinet FortiClient
- Palo Alto Networks GlobalProtect
- Check Point Endpoint Remote Access VPN
- SonicWall VPN
- Juniper Networks Pulse Secure
- Citrix Gateway
- OpenVPN Access Server
- F5 BIG-IP Access Policy Manager
- Barracuda CloudGen Access
- Zscaler Private Access
- NetMotion Mobility
- WatchGuard IPSec VPN
- Hideman VPN for Business
- Perimeter 81
- ExpressVPN
- Proton VPN
- NordVPN
- CyberGhost

Product Code: CMI6829

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Component
- Market Snippet, By Type
- Market Snippet, By Deployment Mode
- Market Snippet, By End-Use
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New system Launch/Approvals
Impact of COVID-19 Pandemic

4. Global Virtual Private Network Market, By Component, 2019-2031, (US$ Billion)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Services
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Solution
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)

5. Global Virtual Private Network Market, By Type, 2019-2031, (US$ Billion)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Remote Access
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Extranet
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Site-to-site
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)

6. Global Virtual Private Network Market, By Deployment Mode, 2019-2031, (US$ Billion)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Cloud
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
On-premises
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)

7. Global Virtual Private Network Market, By Deployment Mode, 2019-2031, (US$ Billion)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Segment Trends
Individual
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Commercial
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)

8. Global Virtual Private Network Market, By Region, 2019-2031, (US$ Billion)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
North America
- Regional Trends
- Market Size and Forecast, By Component, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Type, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Deployment Mode, 2019-2031, (US$ Billion)
- Market Size and Forecast, By End-Use, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019-2031, (US$ Billion)

U.S.
Canada
Europe
- Regional Trends
- Market Size and Forecast, By Component, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Type, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Deployment Mode, 2019-2031, (US$ Billion)
- Market Size and Forecast, By End-Use, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
U.K.
Germany
Italy
France
Russia
Rest of Europe
Asia Pacific
- Regional Trends
- Market Size and Forecast, By Component, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Type, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Deployment Mode, 2019-2031, (US$ Billion)
- Market Size and Forecast, By End-Use, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
China
India
ASEAN
Australia
South Korea
Japan
Rest of Asia Pacific
Latin America
- Regional Trends
- Market Size and Forecast, By Component, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Type, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Deployment Mode, 2019-2031, (US$ Billion)
- Market Size and Forecast, By End-Use, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East and Africa
- Regional Trends
- Market Size and Forecast, By Component, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Type, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Deployment Mode, 2019-2031, (US$ Billion)
- Market Size and Forecast, By End-Use, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
GCC Countries
South Africa
Rest of the Middle East and Africa

9. Competitive Landscape

Company Profiles
- Cisco system Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Fortinet FortiClient
- Palo Alto Networks GlobalProtect
- Check Point Endpoint Remote Access VPN
- SonicWall VPN
- Juniper Networks Pulse Secure
- Citrix Gateway
- OpenVPN Access Server
- F5 BIG-IP Access Policy Manager
- Barracuda CloudGen Access
- Zscaler Private Access
- NetMotion Mobility
- WatchGuard IPSec VPN
- Hideman VPN for Business
- Perimeter 81
- ExpressVPN
- Proton VPN
- NordVPN
- CyberGhost

10. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. Section

References
Research Methodology
About us and Sales Contact