Virtual Private Network (VPN) Market - Emerging Trends, And Forecast to 2031
Posted by Biswadeep on January 13th, 2022
Virtual Private Network (VPN) Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
TBRC’s market report includes a chapter on the COVID-19 impact on the virtual private network (VPN) industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected virtual private network (VPN) market growth numbers from 2022-2031.
The global virtual private network market is expected to grow from .56 billion in 2021 to .89 billion in 2022 at a compound annual growth rate (CAGR) of 19.0%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The VPN market is expected to reach .20 billion in 2026 at a CAGR of 18.7%.
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The Virtual Private Network Global Market Report 2022-31 by The Business Research Company evaluates VPN market size, growth rate, drivers, virtual private network (VPN) industry trends, and major companies.
The virtual private network (VPN) market segments in the report are:
1) By Type: IP VPN, Mobile VPN, Cloud VPN, Multiprotocol Label Switching (MPLS)
2) By Component: Solution, Services
3) By Connectivity: Site-To-Site, Remote Access, Extranet
4) By Deployment: Cloud, On-Premise
5) By End-User: BFSI, Manufacturing, Healthcare, Telecom And IT, Government, Others
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About the AuthorBiswadeep
Joined: July 6th, 2021
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