Steady Expansion Forecast for Virtual Private Network (VPN) Market, Projected to Reach $154.09 Billion by 2029

Virtual Private Network (VPN)

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Virtual Private Network (VPN) Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for virtual private networks (VPNs) has experienced accelerated expansion in the past few years. The sector, which is set to leap from $61.42 billion in 2024 to $71.66 billion in 2025, predicts a compound annual growth rate (CAGR) of 16.7%. Factors causing growth during the historic period include data privacy regulations, heightened internet monitoring, freedom on the web, and dodging censorship, together with the adaptation of hybrid work mode and rigid laws safeguarding data.

Virtual Private Network (VPN) Market Size Forecast: What’s the Projected Valuation by 2029?
The market size of the virtual private network (VPN) is predicted to experience significant expansion in the forthcoming years. The value is projected to hit $154.09 billion by 2029, with a compound annual growth rate (CAGR) of 21.1%. The expected surge during the forecast period can be credited to the shift towards zero trust security models, emphasis on endpoint security, advocacy and awareness about privacy, regulations related to security within specific industries, and the mix of home and office work models. The forecast period will also witness key trends like developing advanced user authentication methods, fostering collaborations with cybersecurity platforms, establishing connections with next-generation firewalls, industry-wide working together for threat intelligence, an enhanced emphasis on network performance, and integration with secure web gateways, along with dynamic access policies.

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What Are the Drivers Transforming the Virtual Private Network (VPN) Market?
A surge in the incidents of cyberattacks is anticipated to fuel the expansion of the virtual private network market in forthcoming years. Major corporations are increasingly adopting VPN technologies for secure data transactions, thereby diminishing the vulnerability to cyberattacks. To illustrate, the Department of Defence Australia, a government organization based in Australia, reported that during the fiscal period of 2022-2023, over 94,000 instances of cybercrime were reported to the Australian Cyber Security Centre. This marked a significant increase of 23% when compared to the statistic from the preceding year, 2021-22. Given this, it’s clear that the growing incidence of cyberattacks is spurring the growth of the virtual private network market.

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What Long-Term Trends Will Define the Future of the Virtual Private Network (VPN) Market?
The surge in technological improvements is causing a rise in popularity within the virtual private network (VPN) market. VPN providers are boosting their investments in VPN technologies with the aim of delivering rapid and seamless internet connectivity and remote access. To illustrate, Brave Software Inc., a firm based in Canada that provides internet privacy solutions, unveiled its Firewall + VPN service for desktops in March 2023. This further enhances its pre-existing VPN services for Android and iOS, thereby offering users comprehensive security across multiple platforms. This innovative VPN subscription offering allows users to connect and protect as many as five devices, including Android, iOS, macOS, and Windows, all under a single subscription plan.

Which Segments in the Virtual Private Network (VPN) Market Offer the Most Profit Potential?
The virtual private network (VPN) market covered in this report is segmented –

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, Other End Users

Subsegments:
1) By IP VPN: Site-To-Site IP VPN, Remote Access IP VPN, Mobile VPN
2) By Mobile VPN: Client-Based Mobile VPN, Network-Based Mobile VPN
3) By Cloud VPN: Cloud-Based IPsec VPN, SSL VPN
4) By Multiprotocol Label Switching (MPLS): MPLS Layer 2 VPN, MPLS Layer 3 VPN

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Which Firms Dominate the Virtual Private Network (VPN) Market by Market Share and Revenue in 2025?
Major companies operating in the virtual private network (VPN) market include Check Point Software Technologies Ltd., Cisco Systems Inc., Golden Frog GmbH, Juniper Networks Inc., Microsoft Corporation, Safer Social Ltd., Avast Software s. r. o., Citrix Systems Inc., Sectra AB, Google LLC, International Business Machines Corporation, NetMotion Software Inc., WatchGuard Technologies Inc., Array Networks Inc., NCP Engineering GmbH, BlackBerry Limited, Smith Micro Software Inc., GZ Systems Ltd., ExpressVPN International Ltd., NordVPN S. A., Surfshark Ltd., London Trust Media Inc., CyberGhost S. A., Mudhook Media Inc., J2 Global Inc., VPNetworks LLC, ProtonVPN AG, eVenture Limited, Windscribe Limited, Mullvad AB, Edalia Srl, Perfect Privacy LLC

Which Regions Offer the Highest Growth Potential in the Virtual Private Network (VPN) Market?
North America was the largest region in the virtual private network market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the virtual private network (VPN) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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