Virtual Private Network Market Growth Drivers, and Competitive Landscape
According to the latest market research report title “Virtual Private Network Market By Component (Solution, Services), By Type (Site-to-Site, Remote Access, Extranet, Others), By Deployment (Cloud, On-Premise), By End-User (Commercial, Individual), By Region (North America, South America, Europe, Middle East & Africa, Asia-Pacific)–Forecast to 2023″, published by MarkNtel Advisors, The Virtual Private Network Market is projected to grow at a CAGR of around 17% during the forecast period, i.e., 2023-28.
The data present in the report exhibit from the historic years (2019-22) and the base year (2023) to put together estimations for the forecast period (2023-28). In the study, our researchers put together reliable, unbiased, and accurate data to enlighten investors about fluctuations in the industry & anticipations on what to expect in the future. Since the industry is dynamic and highly fragmented, this report enables the prominent players to make strategic moves associated with their investments in the coming years.
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Global Virtual Private Network (VPN) Market Key Drivers:
Rapidly Rising Instances of Cyber Attacks across Different End-User Verticals – The ever-growing incidence of cyberattacks worldwide as people visiting public places log into unsecured Wi-Fi networks has raised severe safety concerns and, in turn, created the need for deploying virtual private networks across several businesses since hackers target persons who join susceptible hotspots & gain access to unsecured networks. Hence, the need for the implementation of VPNs and powering the encryption offered by them in order to defend the public from malicious action are driving the Global Virtual Private Network (VPN) Market.
Virtual Private Network Market Segmentation
The Virtual Private Network Market is highly robust and fragmented into numerous segments;
By Component
-Solution
-Services
By Type
-Site-to-Site
-Remote Access
-Extranet
-Others
By Deployment
-Cloud
-On-Premise
By End-User
-Commercial
-Individual
By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific
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Key Players Operating in the Virtual Private Network Market: –
Google LLC
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
NetMotion Software
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Juniper Networks
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Key Questions Answered:
- What is the projected CAGR of the Virtual Private Network Market during the forecast period?
- Which segment is expected to lead the Virtual Private Network Market?
- Who are the prominent players driving market growth?
Key Offerings:
- Market Share, Size, and Revenue Forecast
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Landscape: Leading key players and other prominent participants
About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfilled their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.
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