+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Virtual Private Network (VPN) - Global Market Trajectory & Analytics

  • ID: 4845864
  • Report
  • February 2022
  • Region: Global
  • 688 Pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Array Networks, Inc.
  • Cisco Systems, Inc.
  • CyberGhost S.R.L.
  • Google Inc.
  • Microsoft Corporation
  • NetMotion Software

Global Virtual Private Network (VPN) Market to Reach US$77.1 Billion by the Year 2026


Virtual Private Network or VPN is an encrypted private network that is extended over a public network. Global market for VPN networks is driven primarily by the growing adoption private networks in various industries. With the Internet emerging as the platform for conducting business activities in various industry sectors, the risk of cyberbreaches and data thefts is on the rise. The need to safeguard business data and transactions is thus driving enterprises towards highly secure technologies, thus presenting significant growth opportunities for the VPN market. Increasing incidences of data theft, both financial and personal information, coupled with compromised web security are propelling the need for VPN to enable a safe, encrypted connection. The growing number of cases of cyberattacks is another major factor that urges many enterprises to move to VPN technology. In today`s unsafe cyber environment, more and more industry verticals are adopting VPN services to ensure complete protection of their data while in transmission. With the ongoing COVID-19 pandemic impacting business operations, enterprises are increasingly turning towards Internet-based services for business continuity purposes. This is consequently driving adoption and expansion of VPNs. The enterprise mobility trend and the need for providing ubiquitous access to company networks especially for remote workforce is also enhancing adoption of VPNs.

Amid the COVID-19 crisis, the global market for Virtual Private Network (VPN) estimated at US$32.2 Billion in the year 2020, is projected to reach a revised size of US$77.1 Billion by 2026, growing at a CAGR of 15.3% over the analysis period. Multiprotocol Label Switching, one of the segments analyzed in the report, is projected to grow at a 15.4% CAGR to reach US$42.7 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cloud segment is readjusted to a revised 17.3% CAGR for the next 7-year period. This segment currently accounts for a 18.2% share of the global Virtual Private Network (VPN) market. The growing need for secure and multi-site connectivity and increasing cloud migration creates steady demand for Multiprotocol Label Switching (MPLS) VPN solutions. Real-time applications such as voice over IP (VoIP), video conferencing and business-critical bank apps receive special support from MPLS VPN solutions. A cloud-based VPN provides access to global VPN to users, including third-party users and subscribers, over the public network. The increasing adoption of virtual technologies and devices in application delivery, networking and security products and services is fueling growth in the cloud VPN market.



The U.S. Market is Estimated at $14.3 Billion in 2021, While China is Forecast to Reach $11.2 Billion by 2026


The Virtual Private Network (VPN) market in the U.S. is estimated at US$14.3 Billion in the year 2021. The country currently accounts for a 34.83% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$11.2 Billion in the year 2026 trailing a CAGR of 17.4% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12% and 12.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 12.1% CAGR while Rest of European market (as defined in the study) will reach US$12.9 Billion by the end of the analysis period. Developed economies are the leading regional markets for VPN worldwide. In North America, the VPN market continues to grow due to the increased risk of cybercrime and the subsequent need to protect enterprise data. The widespread adoption of digital technologies and growing incidents of cyberattacks are fueling demand for VPN services. Europe is another major regional market for VPN, with the widespread adoption of advanced digital technologies in the region spurring market growth. The large number of enterprises and growth in the Internet users base, especially amidst the ongoing COVID-19 pandemic, is stimulating the VPN market in Europe. The increasing use of Internet for personal and business purposes, economic growth and industrialization are contributing to the growing adoption of VPNs in the Asia-Pacific region.

IP Segment to Reach $17.4 Billion by 2026


The IP VPN market is experiencing high growth, driven mainly by the significant cost benefits offered by the technology. IP services also help in simplifying the overall design of private networks and ensures high quality of service for mission critical operations. It is due to this reason that IP VPN is emerging as a lucrative option for enterprises looking to cut down expenditure on networking. In the global IP segment, USA, Canada, Japan, China and Europe will drive the 13.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$6.6 Billion in the year 2020 will reach a projected size of US$16.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.9 Billion by the year 2026, while Latin America will expand at a 12.1% CAGR through the analysis period.

Select Competitors (Total 155 Featured) -

  • Array Networks, Inc.
  • Avast Software s.r.o
  • Check Point Software Technologies Ltd.
  • Cisco Systems, Inc.
  • Citrix Systems, Inc.
  • CyberGhost S.R.L.
  • Express VPN International Ltd.
  • Golden Frog GmbH
  • Google Inc.
  • Juniper Networks, Inc.
  • Microsoft Corporation
  • NCP Engineering GmbH
  • NetMotion Software
  • NordVPN
  • OpenVPN Inc.
  • Opera Norway AS
  • Pango Inc.
  • TunnelBear Inc.
  • Watchguard Technologies, Inc.
  • Windscribe Limited
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Frequently Asked Questions about the Global Market for Virtual Private Network (VPN)

What is the estimated value of the Global Market for Virtual Private Network (VPN)?

The Global Market for Virtual Private Network (VPN) was estimated to be valued at $32.2 Billion in 2020.

What is the growth rate of the Global Market for Virtual Private Network (VPN)?

The growth rate of the Global Market for Virtual Private Network (VPN) is 15.7%, with an estimated value of $77.1 Billion by 2026.

What is the forecasted size of the Global Market for Virtual Private Network (VPN)?

The Global Market for Virtual Private Network (VPN) is estimated to be worth $77.1 Billion by 2026.

Who are the key companies in the Global Market for Virtual Private Network (VPN)?

Key companies in the Global Market for Virtual Private Network (VPN) include Array Networks, Inc., Avast Software s.r.o, Check Point Software Technologies Ltd., Cisco Systems, Inc., Citrix Systems, Inc., CyberGhost S.R.L., Express VPN International Ltd., Golden Frog GmbH and Juniper Networks, Inc..

FEATURED COMPANIES

  • Array Networks, Inc.
  • Cisco Systems, Inc.
  • CyberGhost S.R.L.
  • Google Inc.
  • Microsoft Corporation
  • NetMotion Software

I. METHODOLOGY


II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Impact of COVID-19 Pandemic and Looming Recession
  • 2020 Marked as a Year of Disruption & Transformation
  • COVID-19 Pandemic Provides Strong Push for Virtual Private Networks (VPNs)
  • Threat to Security and Privacy: Increase in Cyberattacks and Hacking amidst COVID-19 Pandemic
  • VPN Adoption Surges as COVID-19 Pandemic Leads to a Rise in Remote Work and WFM Culture
  • Average Weekly Increase in VPN Usage in March-2020
  • COVID-19 Outbreak Redefines VPN Security for Corporate Sector
  • An Introduction to Virtual Private Network (VPN)
  • Types of VPNs
  • Global Market for Virtual Private Network (VPN): Prospects & Outlook
  • The Importance of VPNs
  • Hardware Captures a Significant Share of VPN Market
  • Global VPN Market by Component (in %) for 2020E
  • MPLS Segment Leads the VPN Market
  • Large Enterprises Capture Major Market Share
  • Global SSL VPN Market by Enterprise Size (in %) for 2020E
  • Cloud VPN Market: A High Growth Segment
  • BFSI: The Major End Use Segment
  • Developed Regions Lead, Developing Economies to Spearhead Future Growth
  • The Future of VPN Technology
  • Competition
  • Comparative Review of Top Virtual Private Networks
  • World Brands
  • Recent Market Activity
  • Virtual Private Network (VPN) - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Transforming the Way Users Browse the Internet, VPNs Continue to Gain Prominence for Businesses & Consumers Alike
  • VPN Usage Statistics: An Overview
  • Global VPN User Base Breakdown (in %) by Gender
  • Global VPN User Base Breakdown (in %) by Age Group
  • Growing Threat of Cyberattacks and Data Breaches Spurs Adoption of VPNs
  • Cybersecurity Breaches Related to COVID-19 Outbreak during the Period Jan-Apr 2020
  • Impact of Pandemic on Businesses: % of Companies Affected by the COVID-19 Crisis
  • Average Annual Cost of Cybercrime (in US$ Million) by Industry for the Years 2017 and 2018
  • Average Cost of Cyberattacks (in US$ Thousand) by Type for 2017 and 2018
  • Average Cost of Data Breach Per Organization Worldwide (in US$ Million) for 2014-2019
  • Implementation of Effective Security Solutions Highly Critical to Prevent Hacks
  • Notable Future Trends in Enterprise VPNs
  • Internet Opens Up a Range of Online Security Issues, Bringing to Light the Importance of Secure Access to Networks
  • Percentage Penetration Rate (%) of Internet Users by Region (As of March 2021)
  • Number of Internet Users Worldwide (in Billions) for the Years 2011-2021
  • Breakdown of Internet Users (in %) by Region As of March 2021
  • Digital Transformation of Businesses and Changing Work Cultures Accelerate VPN Adoption
  • Global Digital Transformation Spending (In US$ Billion) for Years 2017 through 2023
  • VPN Rides the Wave of Transforming Workplace Norms
  • Global Enterprise Mobility Market (in US$ Billion) for the Years 2019, 2022, and 2025
  • Security Issues Concerning BYOD Adoption in Businesses Drive VPN Adoption: % of Businesses Citing an Issue as a Security Concern
  • Pandemic Accelerates Adoption of Remote Work or WFM Policies
  • WFM Employees as a % of the Total Workforce
  • With Video & Web Conferencing Solutions Becoming Integral to Communications Amidst the Pandemic, VPN Adoption Rises among Enterprises
  • Numerous Video Conferencing Benefits and Resultant Rise in Adoption Spurs Need for VPNs to Enable Secure Meetings: % of Businesses Citing a Video Conferencing Benefit
  • Rapid Growth of Media Streaming Services Leads to an Increase in VPN Adoption
  • Entertainment Emerges as a Key Reason Driving VPN Usage: % of VPN Users Citing the Reason for Using VPN Services
  • COVID-19 Outbreak Increases Demand for Streamed Media Services: Streamed TV & Video Content Growth (in %) by Select Countries for 2nd Week Vs 1st Week in March 2020
  • Global OTT Market Revenues (in US$ Billion) by Segment for the Years 2019 & 2025
  • % of VPN Users Frequently Accessing TV Streaming Services by Service
  • VPN Bypasses to Drive Adoption among Private Consumers
  • With Remote/Online Education Becoming the Norm in a COVID-19 Hit World, Security and Privacy Benefits Drive Adoption of VPNs
  • Global E-Learning Market Size in US$ Million by Region/Country for 2020 & 2027
  • A Glance at Popular VPNs for College Institutions
  • Need for Enhanced Mobile Security Boosts Mobile VPN Market
  • Growing Security Risk in Mobile Devices to Stimulate Mobile VPN Usage: Number of Malicious App Installations in Mobile Devices for the Period Q1 2019 to Q1 2020
  • Smartphone VPN: Providing Secure & Reliable Internet Connectivity for Smartphones
  • Rising Smartphone Usage Enhances Need for Secure Access to Online Services: Penetration Rate of Smartphones as a % of Total Population: 2016-2021
  • Popular Android VPNs
  • Number of Mobile Client Installations (in Thousands) in App Store by VPN Brand for 2019
  • Number of Mobile Client Installations (in Thousands) in Google Play Store by VPN Brand for 2019
  • Top Mobile VPN Service Providers: Ranked by Number of Installations for the Period Jan-May 2020
  • Cloud VPN Market Poised to Grow at a High Rate
  • Site-to-Site VPN Market Benefits from Rising Enterprise Investments into Networking Solutions
  • Anonymity and Privacy Advantages Drive Adoption of VPNs among Consumers
  • Small Businesses Poised to Benefit from VPN Adoption
  • OpenVPN Access Server Facilitates Faster VPN Deployment
  • Promise of Better Security Supports Adoption of VPN in BFSI Sector
  • Government Agencies Struggle with Legacy VPNs amidst the COVID-19 Outbreak
  • Use of VPN among Healthcare & Emergency Service Providers on the Rise
  • Telecommunication Industry Makes Use of VPN Capabilities
  • Restrictions on VPN, Political Censorship and Regulations in Certain Nations Impede Market Growth
  • Number of Government Requests to Google for Information on User Data and Activity by Country for H1 2020
  • VPN Holds Potential as Digital Marketing Tool
  • How VPN Helps in Protecting Online Privacy
  • Key Security and Performance Challenges of VPNs
  • Common Problems and Vulnerabilities Related to Deployment of VPN Services
  • VPNs May Fall Short in Protecting Against Current Sophisticated Cyberattacks
  • Emergence of Alternatives Threatens VPN

4. GLOBAL MARKET PERSPECTIVE


III. MARKET ANALYSIS

UNITED STATES

  • Virtual Private Network (VPN) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
  • VPN Usage Picks Up During COVID-19 Pandemic
  • Rising Threat of Cyberbreaches Fuels VPN Adoption: Number of Data Breaches and Records Exposed (in Millions) in the US for 2005-2019
  • Commercial Virtual Private Networks (VPNs) Market Share Breakdown by Leading Providers for 2020

CANADA

JAPAN

  • Virtual Private Network (VPN) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
  • Market Overview
  • Internet Penetration Rate (In %) for the Years 2015-2020
  • An Overview of Prominent VPN Providers in Japan

CHINA

  • Virtual Private Network (VPN) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
  • China's ‘Great Firewall’ Augments Demand for VPN
  • List of Popular VPN Vendors in China
  • Hong Kong: Enactment of New National Security Law Spurs Interest in VPN Services

EUROPE

  • Virtual Private Network (VPN) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
  • Mobile VPN Gains Traction
  • Cloud Migration and Multi-site Connectivity Sustain Demand for MPLS VPN Solutions
  • Competitive Landscape
  • A Peek into Select Popular VPN Services in Europe

FRANCE

  • Virtual Private Network (VPN) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)

GERMANY

  • Virtual Private Network (VPN) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)

ITALY

UNITED KINGDOM

  • Virtual Private Network (VPN) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)

SPAIN


RUSSIA


REST OF EUROPE

ASIA-PACIFIC

  • Virtual Private Network (VPN) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)

AUSTRALIA

  • Virtual Private Network (VPN) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2022 (E)

INDIA

  • Virtual Private Network (VPN) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2022 (E)
  • COVID-19 Pandemic Spurs Adoption of VPNs in India
  • Total Number of Internet Users for the Years 2017, 2020, 2023 and 2025
  • Relaxed VPN Norms for IT and ITeS Companies Amidst Coronavirus Outbreak
  • COVID-19 Pandemic and Internet Shutdowns Boost VPN Adoption
  • Select Popular VPN Services in India

SOUTH KOREA


REST OF ASIA-PACIFIC

LATIN AMERICA

  • Virtual Private Network (VPN) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)

ARGENTINA


BRAZIL


MEXICO


REST OF LATIN AMERICA

MIDDLE EAST

  • Virtual Private Network (VPN) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E)

IRAN


ISRAEL


SAUDI ARABIA


UNITED ARAB EMIRATES


REST OF MIDDLE EAST

AFRICA

  • Virtual Private Network (VPN) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2022 (E)

IV. COMPETITION

  • Total Companies Profiled: 155

A selection of companies mentioned in this report includes:

  • Array Networks, Inc.
  • Avast Software s.r.o
  • Check Point Software Technologies Ltd.
  • Cisco Systems, Inc.
  • Citrix Systems, Inc.
  • CyberGhost S.R.L.
  • Express VPN International Ltd.
  • Golden Frog GmbH
  • Google Inc.
  • Juniper Networks, Inc.
  • Microsoft Corporation
  • NCP Engineering GmbH
  • NetMotion Software
  • NordVPN
  • OpenVPN Inc.
  • Opera Norway AS
  • Pango Inc.
  • TunnelBear Inc.
  • Watchguard Technologies, Inc.
  • Windscribe Limited