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Virtual Private Network Market Size, Share & Trends Analysis Report By Component, By Type (Site-To-Site, Remote Access, Extranet), By Deployment Mode, By End Use, By Region, And Segment Forecast, 2020 - 2027

October 2020 | 100 pages | ID: VE8584CD9666EN
Grand View Research, Inc.

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Virtual Private Network Market Growth & Trends

The global virtual private network market size is expected to reach USD 92.60 billion by 2027, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 17.4% from 2020 to 2027. The rising level of cybersecurity threats is expected to drive the growth of the market over the forecast period. While high-speed data networks are being rolled out and connected devices are proliferating continuously, data security and privacy protection are emerging as major issues, as people visiting public places are often logging into unsecured Wi-Fi networks. Individuals are particularly targeted by hackers when they enter into vulnerable hotspots and log on to unsecured networks. This is driving the adoption of Virtual Private Networks (VPNs) and leverage the encryption provided by the VPN technology to protect people from malicious activities.

The rising adoption of VPN solutions across several industry verticals and the growing security concerns are some of the significant factors that are driving the growth of the market. For an organization, a virtual private network can potentially encrypt any data to secure the organizational resources when the data is being transferred over a public internet connection. Thus, a VPN subsequently helps in saving expenses by eliminating the need for leased lines. A VPN also helps in improving operational efficiency. For instance, Brown Bear Corporation, which deals with utility, environmental, and manufacturing applications, uses a VPN solution to allow the company’s staff to connect to the Brown Bear store or the office to reduce the drive time and increase the management efficiency.

VPNs help in bypassing internet censorship. Since VPN services encrypt complete data, the government is unable to censor a VPN connection, thereby allowing both commercial users and individual users to access sites that would otherwise be impassable. Hence, companies and citizens often turn to VPN solutions to overcome enforced censorship and access the sites that are blocked in any particular country. As a result, although countries, such as China, and Russia, among others, have imposed strict restrictions on VPNs; these restrictions have increased awareness about VPNs rather than restraining the growth of the market.

Virtual Private Network Market Report Highlights
  • The market is anticipated to witness significant growth over the forecast period, owing to rising security concerns across numerous end-use industries
  • The continued research and innovation by technology companies are driving the adoption of advanced technologies in various industry verticals, such as BFSI, healthcare, retail, telecommunications, among others
  • North America is expected to emerge as one of the leading regional markets owing to the aggressive spending on R&D and the high adoption of VPN solutions in the telecommunications industry. Asia Pacific is expected to witness substantial growth over the forecast period
  • The growing demand for VPN solutions for commercial purposes is expected to drive the growth of the commercial segment over the forecast period
  • The key market participants include Cisco Systems, Inc.; IBM Corporation; Opera Norway AS; Google LLC; Avast Software s.r.o.; Citrix Systems, Inc.; and NetMotion Software. These players are trying to dominate the market through service differentiation and quality enhancement leading to intense competition
CHAPTER 1 METHODOLOGY AND SCOPE

1.1 Information Procurement and Research Scope
1.2 Information Analysis
1.3 Market Formulation & Data Visualization
1.4 Market Scope and Assumptions
  1.4.1 Secondary sources
  1.4.2 Primary Sources

CHAPTER 2 EXECUTIVE SUMMARY

2.1 Market Outlook
2.2 Global VPN Market
  2.2.1 Global VPN market, 2016 - 2027
  2.2.2 Global VPN market, by region, 2016 - 2027
  2.2.3 Global VPN market, by component, 2016 - 2027
  2.2.4 Global VPN market, by type, 2016 - 2027
  2.2.5 Global VPN market, by deployment mode, 2016 - 2027
  2.2.6 Global VPN market, by end-use, 2016 - 2027
2.3 Segmental Trends

CHAPTER 3 VPN MARKET VARIABLES, TRENDS & SCOPE

3.1 Market Segmentation & Scope
3.2 VPN - Value Chain Analysis
3.3 Market Dynamics
  3.3.1 Market drivers
    3.3.1.1 Rising Concern towards security and privacy
    3.3.1.2 Growing demand for consumer VPN services
  3.3.2 Market restraints
    3.3.2.1 Connectivity problem with the VPN
  3.3.3 Market opportunities
    3.3.3.1 Increasing demand in developing countries
    3.3.3.2 Increasing focus on cost reduction mode for networking
3.4 Industry Analysis - Porter’s
  3.4.1 Supplier power
  3.4.2 Buyer power: moderate
  3.4.3 Substitution threat
  3.4.4 Threat from new entrant
  3.4.5 Competitive rivalry
3.5 Key Opportunities - Prioritized
3.6 VPN Market - Key Company Analysis, 2019
  3.6.1 Key company analysis, 2019
  3.6.2 List of key market players
3.7 VPN - PEST Analysis
  3.7.1 Political
  3.7.2 Economic
  3.7.3 Social
  3.7.4 Technological

CHAPTER 4 VIRTUAL PRIVATE NETWORK: COMPONENT OUTLOOK

4.1 VPN Market Share By Component, 2019 & 2027
4.2 Solution
  4.2.1 Solution VPN market, by region, 2016 - 2027
4.3 Services
  4.3.1 Services VPN market, by region, 2016 - 2027

CHAPTER 5 VIRTUAL PRIVATE NETWORK: TYPE OUTLOOK

5.1 VPN Market Share By Type, 2019 & 2027
5.2 Site-to-site
  5.2.1 Site-To-Site VPN Market, By Region, 2016 - 2027
5.3 Remote access
  5.3.1 Remote access VPN market, by region, 2016 - 2027
5.4 Extranet
  5.4.1 Extranet VPN market, by region, 2016 - 2027
5.5 Others
  5.5.1 Others access VPN market, by region, 2016 - 2027

CHAPTER 6 VIRTUAL PRIVATE NETWORK: DEPLOYMENT MODE OUTLOOK

6.1 VPN Market Share By Deployment Mode, 2019 & 2027
6.2 Cloud
  6.2.1 Cloud VPN market, by region, 2016 - 2027
6.3 On-premise
  6.2.2. On-premise VPN market, by region, 2016 - 2027

CHAPTER 7 VIRTUAL PRIVATE NETWORK: END-USE OUTLOOK

7.1 VPN Market Share By End-Use, 2019 & 2027
7.2 Commercial
  7.2.1 Commercial VPN market, by region, 2016 - 2027
7.3 Individual
  7.3.1 Individual VPN market, by region, 2016 - 2027

CHAPTER 8 VIRTUAL PRIVATE NETWORK: REGIONAL OUTLOOK

8.1 North America
  8.1.1 North America VPN market, by component, 2016 - 2027
  8.1.2 North America VPN market, by type, 2016 - 2027
  8.1.3 North America VPN market, by deployment mode, 2016 - 2027
  8.1.4 North America VPN market, by end use, 2016 - 2027
  8.1.5 U.S.
    8.1.5.1 U.S. VPN market, by component, 2016 - 2027
    8.1.5.2 U.S. VPN market, by type, 2016 - 2027
    8.1.5.3 U.S. VPN market, by deployment mode, 2016 - 2027
    8.1.5.4 U.S. VPN market, by end use, 2016 - 2027
  8.1.6 Canada
    8.1.6.1 Canada VPN market, by component, 2016 - 2027
    8.1.6.2 Canada VPN market, by type, 2016 - 2027
    8.1.6.3 Canada VPN market, by deployment mode, 2016 - 2027
    8.1.6.4 Canada VPN market, by end use, 2016 - 2027
  8.1.7 Mexico
    8.1.7.1 Mexico VPN market, by component, 2016 - 2027
    8.1.7.2 Mexico VPN market, by type, 2016 - 2027
    8.1.7.3 Mexico VPN market, by deployment mode, 2016 - 2027
    8.1.7.4 Mexico VPN market, by end use, 2016 - 2027
8.2 Europe
  8.2.1 Europe VPN market, by component, 2016 - 2027
  8.2.2 Europe VPN market, by type, 2016 - 2027
  8.2.3 Europe VPN market, by deployment mode, 2016 - 2027
  8.2.4 Europe VPN market, by end use, 2016 - 2027
  8.2.5 Germany
    8.2.5.1 Germany VPN market, by component, 2016 - 2027
    8.2.5.2 Germany VPN market, by type, 2016 - 2027
    8.2.5.3 Germany VPN market, by deployment mode, 2016 - 2027
    8.2.5.4 Germany VPN market, by end use, 2016 - 2027
  8.2.6 U.K.
    8.2.6.1 U.K. VPN market, by component, 2016 - 2027
    8.2.6.2 U.K. VPN market, by type, 2016 - 2027
    8.2.6.3 U.K. VPN market, by deployment mode, 2016 - 2027
    8.2.6.4 U.K. VPN market, by end use, 2016 - 2027
  8.2.7 France
    8.2.7.1 France VPN market, by component, 2016 - 2027
    8.2.7.2 France VPN market, by type, 2016 - 2027
    8.2.7.3 France VPN market, by deployment mode, 2016 - 2027
    8.2.7.4 France VPN market, by end use, 2016 - 2027
8.3 Asia Pacific
  8.3.1 Asia Pacific VPN market, by component, 2016 - 2027
  8.3.2 Asia Pacific VPN market, by type, 2016 - 2027
  8.3.3 Asia Pacific VPN market, by deployment mode, 2016 - 2027
  8.3.4 Asia Pacific VPN market, by end use, 2016 - 2027
  8.3.5 China
    8.3.5.1 China VPN market, by component, 2016 - 2027
    8.3.5.2 China VPN market, by type, 2016 - 2027
    8.3.5.3 China VPN market, by deployment mode, 2016 - 2027
    8.3.5.4 China VPN market, by end use, 2016 - 2027
  8.3.6 Japan
    8.3.6.1 Japan VPN market, by component, 2016 - 2027
    8.3.6.2 Japan VPN market, by type, 2016 - 2027
    8.3.6.3 Japan VPN market, by deployment mode, 2016 - 2027
    8.3.6.4 Japan VPN market, by end use, 2016 - 2027
  8.3.7 India
    8.3.7.1 India VPN market, by Component, 2016 - 2027
    8.3.7.2 India VPN market, by type, 2016 - 2027
    8.3.7.3 India VPN market, by deployment mode, 2016 - 2027
    8.3.7.4 India VPN market, by end use, 2016 - 2027
8.4 South America
  8.4.1 South America VPN market, by component, 2016 - 2027
  8.4.2 South America VPN market, by type, 2016 - 2027
  8.4.3 South America VPN market, by deployment mode, 2016 - 2027
  8.4.4 South America VPN market, by end use, 2016 - 2027
  8.4.5 Brazil
    8.4.5.1 Brazil VPN market, by component, 2016 - 2027
    8.4.5.2 Brazil VPN market, by type, 2016 - 2027
    8.4.5.3 Brazil VPN market, by deployment mode, 2016 - 2027
    8.4.5.4 Brazil VPN market, by end use, 2016 - 2027
8.5 MEA
  8.5.1 MEA VPN market, by component, 2016 - 2027
  8.5.2 MEA VPN market, by type, 2016 - 2027
  8.5.3 MEA VPN market, by deployment mode, 2016 - 2027
  8.5.4 MEA VPN market, by end use, 2016 - 2027

CHAPTER 9 COMPETITIVE LANDSCAPE

9.1 Avast Software s.r.o.
  9.1.1 Company overview
  9.1.2 Financial performance
  9.1.3 Product benchmarking
  9.1.4 Recent developments
9.2 BlackBerry Limited
  9.2.1 Company overview
  9.2.2 Financial performance
  9.2.3 Product benchmarking
  9.2.4 Recent developments
9.3 Cisco Systems, Inc.
  9.3.1 Company overview
  9.3.2 Financial performance
  9.3.3 Product benchmarking
  9.3.5 Recent developments
9.4 Citrix Systems, Inc.
  9.4.1 Company overview
  9.4.2 Financial performance
  9.4.3 Product benchmarking
  9.4.4 Recent developments
9.5 CyberGhost S.R.L.
  9.5.1 Company overview
  9.5.2 Financial performance
  9.5.3 Product benchmarking
  9.5.4 Recent developments
9.6 Google LLC
  9.6.1 Company overview
  9.6.2 Financial performance
  9.6.3 Product benchmarking
  9.6.4 Recent developments
9.7 IBM Corporation
  9.7.1 Company overview
  9.7.2 Financial performance
  9.7.3 Product benchmarking
  9.7.4 Recent developments
9.8 NetMotion Software
  9.8.1 Company overview
  9.8.2 Product benchmarking
  9.8.3 Recent developments
9.9 Opera Norway AS
  9.9.1 Company overview
  9.9.2 Product benchmarking
  9.9.3 Recent developments
9.10 WatchGuard Technologies, Inc.
  9.10.1 Company overview
  9.10.2 Product benchmarking
  9.10.3 Recent developments

LIST OF TABLES

Table 1 VPN market - Industry snapshot & key buying criteria, 2016 - 2027
Table 2 Global VPN market, 2016 - 2027 (USD Billion)
Table 3 Global VPN market, by region, 2016 - 2027 (USD Billion)
Table 4 Global VPN market, by Component, 2016 - 2027 (USD Billion)
Table 5 Global VPN market, By Type, 2016 - 2027 (USD Billion)
Table 6 Global VPN market, By Deployment Mode, 2016 - 2027 (USD Billion)
Table 7 Global VPN market, By End Use, 2016 - 2027 (USD Billion)
Table 8 Key market driver impact
Table 9 Key market restraint impact
Table 10 Key market Opportunity impact
Table 11 List of key market players
Table 12 Solution VPN market, By region, 2016 - 2027 (USD Billion)
Table 13 Services VPN market, by region, 2016 - 2027 (USD Billion)
Table 14 Site-to-site VPN market, by region, 2016 - 2027 (USD Billion)
Table 15 Remote access VPN market, by region, 2016 - 2027 (USD Billion)
Table 16 Extranet VPN market, by region, 2016 - 2027 (USD Billion)
Table 17 Others VPN market, by region, 2016 - 2027 (USD Billion)
Table 18 Cloud VPN market, by region, 2016 - 2027 (USD Billion)
Table 19 On-premise VPN market, by region, 2016 - 2027 (USD Billion)
Table 20 Commercial VPN market, by region, 2016 - 2027 (USD Billion)
Table 21 Individual VPN market, by region, 2016 - 2027 (USD Billion)
Table 22 North America VPN market, By Component, 2016 - 2027 (USD Billion)
Table 23 North America VPN market, by Type, 2016 - 2027 (USD Billion)
Table 24 North America VPN market, By Deployment Mode, 2016 - 2027 (USD Billion)
Table 25 North America VPN market, By End Use, 2016 - 2027 (USD Billion)
Table 26 U.S. VPN market, By Component, 2016 - 2027 (USD Billion)
Table 27 U.S. VPN market, by Type, 2016 - 2027 (USD Billion)
Table 28 U.S. VPN market, By Deployment Mode, 2016 - 2027 (USD Billion)
Table 29 U.S. VPN market, By End Use, 2016 - 2027 (USD Billion)
Table 30 Canada VPN market, By Component, 2016 - 2027 (USD Billion)
Table 31 Canada VPN market, by Type, 2016 - 2027 (USD Billion)
Table 32 Canada VPN market, By Deployment Mode, 2016 - 2027 (USD Billion)
Table 33 Canada VPN market, By End Use, 2016 - 2027 (USD Billion)
Table 34 Mexico VPN market, By Component, 2016 - 2027 (USD Billion)
Table 35 Mexico VPN market, by Type, 2016 - 2027 (USD Billion)
Table 36 Mexico VPN market, By Deployment Mode, 2016 - 2027 (USD Billion)
Table 37 Mexico VPN market, By End Use, 2016 - 2027 (USD Billion)
Table 38 Europe VPN market, By Component, 2016 - 2027 (USD Billion)
Table 39 Europe VPN market, by Type, 2016 - 2027 (USD Billion)
Table 40 Europe VPN market, By Deployment Mode, 2016 - 2027 (USD Billion)
Table 41 Europe VPN market, By End Use, 2016 - 2027 (USD Billion)
Table 42 Germany VPN market, By Component, 2016 - 2027 (USD Billion)
Table 43 Germany VPN market, by Type, 2016 - 2027 (USD Billion)
Table 44 Germany VPN market, By Deployment Mode, 2016 - 2027 (USD Billion)
Table 45 Germany VPN market, By End Use, 2016 - 2027 (USD Billion)
Table 46 U.K. VPN market, By Component, 2016 - 2027 (USD Billion)
Table 47 U.K. VPN market, by Type, 2016 - 2027 (USD Billion)
Table 48 U.K. VPN market, By Deployment Mode, 2016 - 2027 (USD Billion)
Table 49 U.K. VPN market, By End Use, 2016 - 2027 (USD Billion)
Table 50 France VPN market, By Component, 2016 - 2027 (USD Billion)
Table 51 France VPN market, by Type, 2016 - 2027 (USD Billion)
Table 52 France VPN market, By Deployment Mode, 2016 - 2027 (USD Billion)
Table 53 France VPN market, By End Use, 2016 - 2027 (USD Billion)
Table 54 Asia Pacific VPN market, By Component, 2016 - 2027 (USD Billion)
Table 55 Asia Pacific VPN market, by Type, 2016 - 2027 (USD Billion)
Table 56 Asia Pacific VPN market, By Deployment Mode, 2016 - 2027 (USD Billion)
Table 57 Asia Pacific VPN market, By End Use, 2016 - 2027 (USD Billion)
Table 58 China VPN market, By Component, 2016 - 2027 (USD Billion)
Table 59 China VPN market, by Type, 2016 - 2027 (USD Billion)
Table 60 China VPN market, By Deployment Mode, 2016 - 2027 (USD Billion)
Table 61 China VPN market, By End Use, 2016 - 2027 (USD Billion)
Table 62 Japan VPN market, By Component, 2016 - 2027 (USD Billion)
Table 63 Japan VPN market, by Type, 2016 - 2027 (USD Billion)
Table 64 Japan VPN market, By Deployment Mode, 2016 - 2027 (USD Billion)
Table 65 Japan VPN market, By End Use, 2016 - 2027 (USD Billion)
Table 66 India VPN market, By Component, 2016 - 2027 (USD Billion)
Table 67 India VPN market, by Type, 2016 - 2027 (USD Billion)
Table 68 India VPN market, By Deployment Mode, 2016 - 2027 (USD Billion)
Table 69 India VPN market, By End Use, 2016 - 2027 (USD Billion)
Table 70 South America VPN market, By Component, 2016 - 2027 (USD Billion)
Table 71 South America VPN market, by Type, 2016 - 2027 (USD Billion)
Table 72 South America VPN market, By Deployment Mode, 2016 - 2027 (USD Billion)
Table 73 South America VPN market, By End Use, 2016 - 2027 (USD Billion)
Table 74 Brazil VPN market, By Component, 2016 - 2027 (USD Billion)
Table 75 Brazil VPN market, by Type, 2016 - 2027 (USD Billion)
Table 76 Brazil VPN market, By Deployment Mode, 2016 - 2027 (USD Billion)
Table 77 Brazil VPN market, By End Use, 2016 - 2027 (USD Billion)
Table 78 MEA VPN market, By Component, 2016 - 2027 (USD Billion)
Table 79 MEA VPN market, by Type, 2016 - 2027 (USD Billion)
Table 80 MEA VPN market, By Deployment Mode, 2016 - 2027 (USD Billion)
Table 81 MEA VPN market, By End Use, 2016 - 2027 (USD Billion)
LIST OF FIGURES

Fig. 1 Research process
Fig. 2 Market formulation
Fig. 3 Market segmentation and scope
Fig. 4 VPN market, 2016 - 2027
Fig. 5 Key opportunities analysis
Fig. 6 VPN - Value chain analysis
Fig. 7 VPN market dynamics
Fig. 8 Industry analysis - Porter’s five forces analysis
Fig. 9 VPN - PEST analysis
Fig. 10 VPN market share by component, 2019 & 2027
Fig. 11 VPN market share by type, 2019 & 2027
Fig. 12 VPN market share by deployment mode, 2019 & 2027
Fig. 13 VPN market share by end use, 2019 & 2027
Fig. 14 VPN market share by region, 2019 & 2027
Fig. 15 North America marketplace: Key takeaways
Fig. 16 Europe marketplace: Key takeaways
Fig. 17 Asia Pacific marketplace: Key takeaways
Fig. 18 South America marketplace: Key takeaways
Fig. 19 MEA marketplace: Key takeaways


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