VPN for Business Market Scope
The business VPN allows users and teams to connect their company’s internal network. In contrast, a commercial VPN connects the user to a remote server, or set of servers, which interact with the public Internet on the user’s behalf. The businesses use VPN to give remote employees the access to internal applications and data, or to create a single shared network between multiple office locations. There are two types of business VPN that are remote access VPN which creates a connection between individual users and a remote network. Another one is site-to-site VPN which creates a single virtual network that is shared across multiple office locations.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global VPN for Business market throughout the predicted period.
Google (United States), IBM (United States), Microsoft (United States), AirVPN (Germany), Array Networks, Inc. (United States), Avast Software s.r.o. (Czech Republic), BlackBerry Limited (Canada), Buffered Ltd. (United States), Check Point Software Technologies Ltd. (Israel) and Cisco Systems, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Citrix Systems, Inc, (United States), Columbitech (Sweden), Cryptzone (United States), ExpressVPN (China) and Golden Frog GmbH (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global VPN for Business market by Type (Remote access VPN and Site to site VPN) and Region with country level break-up.
On the basis of geography, the market of VPN for Business has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On May 2020, Microsoft has acquired Metaswitch Networks which provides technologies and solutions that migrates communication networks to open architectures.
On February 2020, Zyxel has launched ZyWALL VPN1000 VPN Firewall, an all-in-one security solution for small and medium businesses. It is the security solution that combines a powerful firewall with high-performance VPN tunnel capabilities to protect the local network against threats
Market Trend
- Increasing Adoption of BYOD and Enterprise Mobility
Market Drivers
- Proliferation of Internet Services
- Regulations for Organisations to Implement Additional Security
Opportunities
- Rising Adoption of VPN in Various Business Verticals
- Increasing Adoption of Remote Working Culture Due to Coronavirus Pandemic
Restraints
- Increasing Concerns Related to Data Security
- Costs Associated with the VPN Solutions and Software
Challenges
- Reluctance to Adopt VPN Solutions
- Compatibility Issues May Hamper the Market
Key Target Audience
Software vendors, Enterprises, Government associations, Research organisations and Others