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Virtual Private Network Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global virtual private network market reached a value of US$ 31.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 77.8 Billion by 2027, exhibiting a CAGR of 15.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

A virtual private network (VPN) can be defined as a source that offers secure communication between several members of a group by using public telecommunication infrastructure while maintaining privacy through the usage of a tunnelling protocol with security procedures. Their utilization provides an encrypted link that enables customers to get connected with the public internet network. Frame relay (FR), asynchronous transfer mode (ATM), virtual circuits (VC), and multiprotocol label switching (MPLS) are some of the few technologies used by VPNs. In addition, they mask the internet protocol (IP) address of the users in order to make their online actions virtually untraceable, thus providing greater privacy and security. Therefore, VPNs find large-scale applications across multiple businesses across the globe.? 

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Virtual Private Network Market Trends:

The global market is primarily driven by the widespread adoption of private networks in various industries. With the penetration of high-speed internet connection paving the way for conducting seamless business activities across numerous sectors, the risks of cyber-attacks and data breaches are rising, thereby leading to the increased utilization of VPNs worldwide. Thus, the significant demand to safeguard business transactions and data is driving enterprises toward highly secure technologies, thereby creating lucrative growth opportunities in the VPN market. Also, the shifting preference toward video and web conferencing solutions for communication amid the ongoing pandemic among enterprises is propelling the VPN market toward growth. Other factors, such as widescale adoption of media streaming services, the increasing demand for online and remote education, the escalating incidences of theft of financial and personal information, continual product innovations and extensive research and development (R&D) activities conducted by key players are further providing an impetus to the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global virtual private network market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, type, deployment mode and end use industry.

Breakup by Component:

  • Hardware
  • Software and Services
     

Breakup by Type:

 

 
 

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  • Remote Access VPN
  • Site-to-Site VPN
  • Others
     

Breakup by Deployment Mode:

  • On-premises
  • Cloud-based
     

Breakup by End Use Industry:

  • BFSI
  • Healthcare
  • IT
  • Government
  • Manufacturing
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Array Networks Inc., Avast Software s.r.o., BlackBerry Limited, Check Point Software Technologies Ltd., Cisco Systems Inc., Citrix Systems Inc., CyberGhost S.R.L., Google LLC, International Business Machines Corporation, Juniper Networks Inc., Microsoft Corporation and NetMotion Software (Absolute Software Corporation).

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Component, Type, Deployment Mode, End Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Array Networks Inc., Avast Software s.r.o., BlackBerry Limited, Check Point Software Technologies Ltd., Cisco Systems Inc., Citrix Systems Inc., CyberGhost S.R.L., Google LLC, International Business Machines Corporation, Juniper Networks Inc., Microsoft Corporation and NetMotion Software (Absolute Software Corporation).
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global virtual private network market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global virtual private network market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the deployment mode?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global virtual private network market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Virtual Private Network Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Component
    6.1    Hardware
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Software and Services
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Type
    7.1    Remote Access VPN
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Site-to-Site VPN
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Others
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Deployment Mode
    8.1    On-premises
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Cloud-based
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by End Use Industry
    9.1    BFSI
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Healthcare
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    IT
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Government
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Manufacturing
        9.5.1 Market Trends
        9.5.2 Market Forecast
    9.6    Others
        9.6.1 Market Trends
        9.6.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Array Networks Inc.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
        15.3.2    Avast Software s.r.o.
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
        15.3.3    BlackBerry Limited
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials
           15.3.3.4 SWOT Analysis
        15.3.4    Check Point Software Technologies Ltd.
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis
        15.3.5    Cisco Systems Inc.
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 Financials
           15.3.5.4 SWOT Analysis
        15.3.6    Citrix Systems Inc.
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials
           15.3.6.4 SWOT Analysis
        15.3.7    CyberGhost S.R.L.
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
        15.3.8    Google LLC
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 SWOT Analysis
        15.3.9    International Business Machines Corporation
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    Juniper Networks Inc.
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
           15.3.10.4 SWOT Analysis
        15.3.11    Microsoft Corporation
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
           15.3.11.3 Financials
           15.3.11.4 SWOT Analysis
        15.3.12    NetMotion Software (Absolute Software Corporation)
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Virtual Private Network Market: Major Drivers and Challenges
Figure 2: Global: Virtual Private Network Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Virtual Private Network Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Virtual Private Network Market: Breakup by Component (in %), 2021
Figure 5: Global: Virtual Private Network Market: Breakup by Type (in %), 2021
Figure 6: Global: Virtual Private Network Market: Breakup by Deployment Mode (in %), 2021
Figure 7: Global: Virtual Private Network Market: Breakup by End Use Industry (in %), 2021
Figure 8: Global: Virtual Private Network Market: Breakup by Region (in %), 2021
Figure 9: Global: Virtual Private Network (Hardware) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Virtual Private Network (Hardware) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Virtual Private Network (Software and Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Virtual Private Network (Software and Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Virtual Private Network (Remote Access VPN) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Virtual Private Network (Remote Access VPN) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Virtual Private Network (Site-to-Site VPN) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Virtual Private Network (Site-to-Site VPN) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Virtual Private Network (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Virtual Private Network (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Virtual Private Network (On-premises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Virtual Private Network (On-premises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Virtual Private Network (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Virtual Private Network (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Virtual Private Network (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Virtual Private Network (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Virtual Private Network (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Virtual Private Network (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Virtual Private Network (IT) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Virtual Private Network (IT) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Virtual Private Network (Government) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Virtual Private Network (Government) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Virtual Private Network (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Virtual Private Network (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Virtual Private Network (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Virtual Private Network (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: North America: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: North America: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: United States: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: United States: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Canada: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Canada: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Asia-Pacific: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Asia-Pacific: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: China: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: China: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Japan: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Japan: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: India: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: India: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: South Korea: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: South Korea: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Australia: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Australia: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Indonesia: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Indonesia: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Others: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Others: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Europe: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Europe: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Germany: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Germany: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: France: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: France: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: United Kingdom: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: United Kingdom: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Italy: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Italy: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Spain: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Spain: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Russia: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Russia: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Others: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Others: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Latin America: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Latin America: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Brazil: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Brazil: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Mexico: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Mexico: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Others: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Others: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Middle East and Africa: Virtual Private Network Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Middle East and Africa: Virtual Private Network Market: Breakup by Country (in %), 2021
Figure 83: Middle East and Africa: Virtual Private Network Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Global: Virtual Private Network Industry: SWOT Analysis
Figure 85: Global: Virtual Private Network Industry: Value Chain Analysis
Figure 86: Global: Virtual Private Network Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Virtual Private Network Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Virtual Private Network Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Virtual Private Network Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 4: Global: Virtual Private Network Market Forecast: Breakup by Deployment Mode (in Million US$), 2022-2027
Table 5: Global: Virtual Private Network Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 6: Global: Virtual Private Network Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Virtual Private Network Market: Competitive Structure
Table 8: Global: Virtual Private Network Market: Key Players


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