Global VPN Software Market Overview:
the growing number of enterprises coupled with their adoption of VPN software will help to boost global VPN software market in the forecasted period. The VPN software is significantly used to provide holistic protection to offset growing instances of cybercrime. The main principle of any VPN software is to provide full-proof of protection against potential data theft threats and thereby aid in a preventive mechanism. More organization are gradually attaining acquaintance with VPN software to remain ahead of the data protection curve.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Rising Demand for Secure Remote Access and Increased Adoption of Private Clouds
Market Growth Drivers:
Rise in Number of Cyber-Attacks Worldwide, Growing Demand for Cloud-Based Security Solutions and Increasing Shift toward Virtual Appliances
Challenges:
Limited Technical Knowledge and Expertise in Virtualization
Restraints:
Lack of VPN Standardization and Data Protection Issues and Lack of Governance and Standardization
Opportunities:
Increasing Demand from Emerging Economics such as India, China and others and Increased Adoption of Private Clouds and Demand for Secure Remote Access
Competitive Landscape:
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global virtual private network market can witness an upsurge in the forecast period
Some of the key players profiled in the report are NordVPN (France), ZenGuard GmbH (Germany), ExpressVPN (United Kingdom), Perimeter 81 (Israel), Cisco Systems Inc. (AnyConnect) (United States), hide.me VPN (eVenture Ltd.) (United States), Symantec Corporation (Norton WiFi Privacy) (United States), Speedify (United States), CyberGhost (Romania) and KeepSolid Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like GooseVPN (Netherlands), VyprVPN (United States), KeepSolid VPN Lite (United States) and Trunkspace Hosting Inc. (Canada). Analyst at AMA Research see United States Players to retain maximum share of Global VPN Software market by 2028. Considering Market by Deployment, the sub-segment i.e. On-Premise will boost the VPN Software market. Considering Market by Associations Size, the sub-segment i.e. Large Enterprise will boost the VPN Software market.
In April 2019, the Cloudflare, Inc. (United States) Company has launched a new virtual private network with emphasis on speed. In addition, it helps to keep data private as well as connection secure. Hence, this will, in turn, propel the growth of the virtual private network market.
What Can be Explored with the VPN Software Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global VPN Software Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in VPN Software
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global VPN Software market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in VPN Software market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Virtual Private Network Companies, Virtual Private Network Providers, Technical Universities, System Integrators, Managed Security Service Providers, Professional Service Providers, Research and Development Companies, Market Research and Consulting Firms, Solution Providers, Technology Standards Organizations, Technology Investors and System Integrators.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.