Virtual Private Network (VPN) Market: By Component (Hardware and Software and services), By Type (Hosted, IP, MPLS, Cloud, and Mobile), By End User Industry (BFSI, Healthcare, IT, Government, Manufacturing, and Others) and Geography  

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Virtual Private Network (VPN) Market size was Valued USD 33 billion in 2023 and is poised to grow at a CAGR of over 16% from 2024 to 2030. owing to the growing acceptance of VPN solutions across several industries is raising the growth of the market. The industries are leveraging on VPN to enhance their security and access sensitive info from distant locations. The increasing trends such as BYOD is anticipated to boost the growth of the market. Furthermore, substantial rise in the cyber-attacks and rise in demand for cloud-based security solutions is projected to fuel the growth of the market. However, lack of standardization for VPN and data protection are anticipated to hamper the growth of the market. Furthermore, the rise of the virtual private network (VPN) market can be ascribed to the global proliferation of internet services. The majority of internet users access the internet via mobile devices. Consumers and businesses alike are looking for technologies to safeguard transactions undertaken on the Internet from outside the company, and mobile devices are no exception. Companies can use VPN solutions to safeguard their company network and devices from external threats because of these flaws. The deployment of virtual appliances is driving growth in the cloud virtual network market. In comparison to traditional technologies, virtual applications necessitate high engine speeds. The entire cost of the products and services rises as a result of this costly component. Instead of investing considerably in upgrading computing machines, cloud technology allows a corporation to give cost-effective solutions that can simply improve the performance speed of the core infrastructure.

Global Virtual Private Network Vpn Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

16%

Largest Market

North America

Fastest Growing Market

North America
Virtual Private Network (VPN) Market Dynamics

In various enterprises, it is witnessed the increase in number of cyber-attacks in various industries is the major factor that is creating huge demand for the VPN solutions in the global market. The number of cyber-attacks have been growing steadily over the past years. For instance, in 2016, around 758 million malicious attacks occurred according to KasperskyLab and it is estimated that in the year 2019, the registered number of attacks would break the record in 2019. In 2014, the South Koreans came to know that data from100 million credit cards has stolen over the course of several years. Increasing number of cyber-attacks is the major that increases the adoption of VPN solutions over the future years.

Global Virtual Private Network Vpn Market Segmentation

By Component
  • Hardware
  • Software & Services
By Type
  • Hosted
  • IP
  • MPLS
  • Cloud
  • Mobile
by End User
  • BFSI
  • Healthcare
  • IT
  • Government
  • Manufacturing
  • Others
By Geography

North America

  • US
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

Frequently Asked Questions

The virtual private network (VPN) market size was valued at USD 31 billion in 2023.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

Key Features of the Reports

  • The digital lean manufacturing market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario.
1.Executive Summary
2.Global Virtual Private Network (VPN) Market Introduction 
2.1.Global Virtual Private Network (VPN) Market  - Taxonomy
2.2.Global Virtual Private Network (VPN) Market  - Definitions
2.2.1.Component
2.2.2.Type
2.2.3.End User
2.2.4.Region
3.Global Virtual Private Network (VPN) Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Virtual Private Network (VPN) Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Virtual Private Network (VPN) Market  By Component, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Hardware
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Software & Services
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6.Global Virtual Private Network (VPN) Market  By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Hosted
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. IP
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. MPLS
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Cloud
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Mobile
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
7.Global Virtual Private Network (VPN) Market  By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. BFSI
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Healthcare
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. IT
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Government
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Manufacturing
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
7.6. Others
7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.6.3. Market Opportunity Analysis 
8.Global Virtual Private Network (VPN) Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Virtual Private Network (VPN) Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Hardware
9.1.2.Software & Services
9.2.  Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Hosted
9.2.2.IP
9.2.3.MPLS
9.2.4.Cloud
9.2.5.Mobile
9.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.BFSI
9.3.2.Healthcare
9.3.3.IT
9.3.4.Government
9.3.5.Manufacturing
9.3.6.Others
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Virtual Private Network (VPN) Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Component Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Hardware
10.1.2.Software & Services
10.2.  Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Hosted
10.2.2.IP
10.2.3.MPLS
10.2.4.Cloud
10.2.5.Mobile
10.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.BFSI
10.3.2.Healthcare
10.3.3.IT
10.3.4.Government
10.3.5.Manufacturing
10.3.6.Others
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
 
11.Asia Pacific (APAC) Virtual Private Network (VPN) Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Component Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Hardware
11.1.2.Software & Services
11.2.  Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Hosted
11.2.2.IP
11.2.3.MPLS
11.2.4.Cloud
11.2.5.Mobile
11.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.BFSI
11.3.2.Healthcare
11.3.3.IT
11.3.4.Government
11.3.5.Manufacturing
11.3.6.Others
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Virtual Private Network (VPN) Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Component Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Hardware
12.1.2.Software & Services
12.2.  Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Hosted
12.2.2.IP
12.2.3.MPLS
12.2.4.Cloud
12.2.5.Mobile
12.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.BFSI
12.3.2.Healthcare
12.3.3.IT
12.3.4.Government
12.3.5.Manufacturing
12.3.6.Others
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Virtual Private Network (VPN) Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Component Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Hardware
13.1.2.Software & Services
13.2.  Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Hosted
13.2.2.IP
13.2.3.MPLS
13.2.4.Cloud
13.2.5.Mobile
13.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.BFSI
13.3.2.Healthcare
13.3.3.IT
13.3.4.Government
13.3.5.Manufacturing
13.3.6.Others
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Microsoft Corporation
14.2.2.Check Point Software Technologies Limited
14.2.3.Golden Frog GmbH
14.2.4.CyberGhost S.A. (Kape Technologies PLC)
14.2.5.Radio IP Software Inc.
14.2.6.IBM Corporation
14.2.7.Cisco Systems Inc.
14.2.8.NetMotion Software Inc.
14.2.9.Avast Software S.R.O.
14.2.10.Array Networks Inc.
14.2.11.Citrix Systems Inc.
15. Research Methodology 
16. Appendix and Abbreviations 
  • Microsoft Corporation
  • Check Point Software Technologies Limited
  • Golden Frog GmbH
  • CyberGhost S.A. (Kape Technologies PLC)
  • Radio IP Software Inc.
  • IBM Corporation
  • Cisco Systems Inc.
  • NetMotion Software Inc.
  • Avast Software S.R.O.
  • Array Networks Inc.
  • Citrix Systems Inc.

Adjacent Markets