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    Virtual Private Network (VPN) Market Research Report- Global Forecast 2032 Infographic

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    Virtual Private Network Market

    ID: MRFR/ICT/1608-CR
    100 Pages
    Ankit Gupta
    February 2020

    Virtual Private Network Market, By Type (Hosted, IP, Multiprotocol Label Switching, Cloud), By Deployment (On-Premise, On-Cloud), Products (Routers, Switches, Firewalls), By End User (Government, Telecommunication, Manufacturing, Healthcare, BFSI, Utilities) - Forecast till 2032

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    Virtual Private Network (VPN) Market Research Report- Global Forecast 2032 Infographic
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    Table of Contents

    Virtual Private Network Market Summary

    As per Market Research Future Analysis, the Virtual Private Network Market is set to experience significant growth, projected to rise from USD 1026.7 billion in 2024 to USD 2714.8 billion by 2032, reflecting a compound annual growth rate (CAGR) of 12.9% during the forecast period. The market was valued at USD 923.5 billion in 2023, driven by increased smartphone usage, remote work trends, and technological advancements. The COVID-19 pandemic has further accelerated VPN adoption, with an estimated market growth of USD 35.4 billion in 2020. However, challenges such as low consumer awareness and security concerns may hinder growth.

    Key Market Trends & Highlights

    Key trends influencing the VPN market include technological advancements and increased demand for security solutions.

    • Market growth from USD 1026.7 billion in 2024 to USD 2714.8 billion by 2032.
    • CAGR of 12.9% during the forecast period (2024 - 2032).
    • COVID-19 led to an estimated market growth of USD 35.4 billion in 2020.
    • Increased adoption of VPNs in remote work and online education sectors.

    Market Size & Forecast

    2023 Market Size USD 923.5 Billion
    2024 Market Size USD 1026.7 Billion
    2032 Market Size USD 2714.8 Billion

    Major Players

    NordVPN, ExpressVPN, SurfShark, Private Access Internet, Hotspot Shield, IPVanish, CyberGhost VPN, Proton VPN, Ultra VPN, Norton Secure VPN

    Virtual Private Network Market Trends

    The increasing demand for secure online communications and data privacy is driving the expansion of the Global Virtual Private Network Market, as organizations and individuals alike seek to protect their digital identities in an increasingly interconnected world.

    U.S. Department of Commerce

    Virtual Private Network Market Drivers

    Increasing Cybersecurity Threats

    The rise in cybersecurity threats is a primary driver of the Global Virtual Private Network Market Industry. As organizations face increasing risks from cyberattacks, data breaches, and identity theft, the demand for VPN solutions is surging. VPNs provide a secure tunnel for data transmission, safeguarding sensitive information from malicious actors. In 2024, the market is projected to reach 1026.7 USD Billion, reflecting a growing awareness of the need for robust cybersecurity measures. Companies are increasingly adopting VPNs to protect their networks, indicating a shift towards prioritizing security in digital communications.

    Market Segment Insights

    By Solution Insights

      • Services
      • Software

    By Type Outlook

      • Layer 2 Tunneling Protocol
      • Open VPN
      • TLS and SLS
      • Internet Protocol Security
      • Point to Point Tunneling Protocol
      • Others

    By Application Insights

      • Intranet VPN
      • Extranet VPN
      • Access VPN
      • Others

    By End-user Insights

      • IT
      • Manufacturing
      • Government
      • Healthcare
      • BFSI
      • Others

    By Deployment Outlook

      • On-Premises
      • Cloud

    Regional Insights

    Key Companies in the Virtual Private Network Market market include

    Industry Developments

    An announcement has been made on 15 March 2021 by Cloud Nine Web3 Technologies that they have decided to sign an agreement with Victory Square technologies regarding an asset purchase. This will offer intellectual property rights with the production stage of VPNs.

    Later, the same company bought the company’s name of “Limitless Technologies” and other companies of Victory square such as Decentrum Ed-Tech software.

    Future Outlook

    Virtual Private Network Market Future Outlook

    The Global Virtual Private Network Market is projected to grow at a 12.92% CAGR from 2024 to 2035, driven by increasing cybersecurity concerns, remote work adoption, and regulatory compliance demands.

    New opportunities lie in:

    • Develop AI-driven VPN solutions for enhanced security and user experience.
    • Expand into emerging markets with tailored pricing strategies for local businesses.
    • Leverage partnerships with cloud service providers to integrate VPN services seamlessly.

    By 2035, the market is expected to reach a robust position, reflecting substantial growth and innovation.

    Market Segmentation

    By Type Outlook

    • Layer 2 Tunneling Protocol
    • Open VPN
    • TLS and SLS
    • Internet Protocol Security
    • Point to Point Tunneling Protocol
    • Others
    • Intranet VPN
    • Extranet VPN
    • Access VPN
    • IT
    • Manufacturing
    • Government
    • Healthcare
    • BFSI

    By Platform Outlook

    • Mobile and wireless devices
    • Wired devices
    • Remote
    • Site to Site VPN
    • Others
    • Services
    • Software

    By Deployment Outlook

    • On-Premises
    • Cloud
    • NordVPN
    • ExpressVPN
    • SurfShark
    • Private Access Internet 
    • Hotspot Shield
    • IPVanish
    • CyberGhost VPN
    • Proton VPN
    • Ultra VPN
    • Norton Secure VPN

    By Geographical Outlook

    • Asia Pacific
    • Canada
    • Japan
    • China
    • Europe
    • United Kingdom
    • Rest of the World

    Report Scope

    Attribute/Metric Details
      Market Size   UDS 2714.8 Billion
      CAGR   12.9%
      Base Year   2023
      Forecast Period   2024-2030
      Historical Data   2020
      Forecast Units   Significant value
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Type, Products
      Geographies Covered   North America, Europe, Asia-Pacific
      Key Vendors   Nord VPN, ExpressVPN, SurfShark, Private Access Internet, Hotspot Shield, IPVanish, CyberGhost VPN, Proton VPN, Ultra VPN, Norton Secure VPN
      Key Market Opportunities   Alternatively, there was a huge usage of VPNs in several business enterprises, schools, colleges, and other organizations
      Key Market Drivers   This point of the report depicts the factors responsible for the growth of the VPN market.

    Market Highlights

    Author
    Ankit Gupta
    Senior Research Analyst

    Ankit Gupta is an analyst in market research industry in ICT and SEMI industry. With post-graduation in "Telecom and Marketing Management" and graduation in "Electronics and Telecommunication" vertical he is well versed with recent development in ICT industry as a whole. Having worked on more than 150+ reports including consultation for fortune 500 companies such as Microsoft and Rio Tinto in identifying solutions with respect to business problems his opinions are inclined towards mixture of technical and managerial aspects.

    Get In Touch
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    FAQs

    How big is the Virtual Private Network Market?

    The virtual private network market growth will reach USD 2714.8 billion by 2032 high rate of 12.9% of CAGR till the end of 2024-2032

    What is the factor promoting the market for VPN?

    The VPN market is expected to gain traction due to the efficiency in operations.

    Based on verticals, which segment is heading the VPN market?

    A 12.9% CAGR is estimated to promote the government segment to the forefront.

    Who are the influencers in the VPN market globally?

    Nord VPN, ExpressVPN, SurfShark, Private Access Internet, Hotspot Shield, IPVanish, CyberGhost VPN, Proton VPN, Ultra VPN, Norton Secure VPN are a few of the influences in the market.

    By user type, which segment is influencing the VPN market?

    The VPN segment is expected to lead in the segment based on user type.

    What are the types of virtual private networks?

    VPN mainly divided into Open VPN, Layer 2 Tunneling Protocol, TLS and SLS, Internet Protocol Security, Point to Point Tunneling Protocol

    What the segments in the market for VPN?

    The VPN market is expected to gain traction due to the efficiency in operations.

    1. '1 Executive Summary
    2. Market
    3. Dynamics
    4. Market Growth Factors 11
      1. Mobility For Business Continuation 11
        1. Cost Benefit 12
        2. Increasing
    5. Cyber Crime 12
    6. Market Restraints 13
      1. Performance Issues 13
      2. Market Opportunities 13
        1. Enhancement In Functionalities
    7. Virtual Private Network 14
      1. Porter’s Five Forces Analysis 14
    8. Global Virtual Private Network
    9. Market, By Type
    10. Introduction 15
    11. Sub-Segment 16
    12. Hosted 16
    13. IP 16
    14. Multiprotocol Label Switching 16
      1. Cloud 17
    15. Global Virtual Private Network Market, By Deployment
      1. Introduction
    16. Sub-Segment 19
    17. On-Premise 19
    18. On-Cloud 19
    19. Global Virtual Private Network Market, By Product
      1. Introduction 20
      2. Sub-Segment 21
        1. Routers 21
        2. Switches 21
        3. Firewalls 22
        4. Others 22
    20. Global Virtual Private Network Market, By Verticals
      1. Introduction
    21. Sub-Segment 24
    22. Government 24
    23. Telecommunication 24
      1. Manufacturing 25
        1. Healthcare 25
        2. BFSI 25
        3. Utilities 25
    24. Global Virtual Private Network Market, By Region
      1. Introduction
    25. Market, By Regions 28
      1. North America 28
        1. U.S. 34
        2. Europe 43
        3. Asia-Pacific 61
    26. ASIA-PACIFIC 76
    27. Rest Of The World (RoW) 79
      1. Middle East & Africa 85
        1. Latin Countries 88
    28. Competitive Landscape
      1. Introduction 91
      2. Market Position Analysis
      3. Company Profiles 93
        1. Microsoft Corporation. 93
    29. Express VPN. 96
      1. Business Overview 96
        1. Product/Services
    30. Offering 96
      1. Business Strategy 97
        1. SWOT Analysis
        2. SurfShark. 98
        3. Private Access Internet. 100
        4. Hotspot Shield. 102
        5. IPVanish. 104
    31. Business Overview 104
      1. Product/Services Offering 104
        1. CyberGhost S.A. 105
    32. Product/Services Offering 105
      1. NordVPN. 106
        1. Business
    33. Overview 106
      1. Product/Services Offering 106
        1. Proton
    34. VPN. 107
      1. Business Overview 107
        1. Product/Services
    35. Offering 107
      1. Ultra VPN. 108
        1. Business Overview
        2. Norton Secure
    36. VPN. 109
      1. Business Overview 109
        1. Product/Services
    37. Offering 109
    38. Scope Of The Study 109
      1. Research Objective 109
        1. Assumption 109
        2. Limitation 109
      2. Market Structure 110
    39. Research Methodologies
      1. Research Process
    40. Primary Research 112
      1. Secondary Research 112
      2. Market Size Estimation 112
      3. Forecast Model 113
    41. List Of Tables
    42. VIRTUAL PRIVATE NETWORK MARKET BY TYPE, 2020-2027 (USD MILLION) 15
    43. PRIVATE NETWORK MARKET, BY DEPLOYMENT 2020-2027 (USD MILLION) 18
    44. PRIVATE NETWORK MARKET, BY PRODUCT 2020-2027 (USD MILLION) 21
    45. NETWORK MARKET, BY VERTICALS 2020-2027 (USD MILLION) 24
    46. NETWORK MARKET, BY REGION 2020-2027 (USD MILLION) 27
    47. BY COUNTRY,2020-2027 (USD MILLION) 29
    48. BY TYPE, 2020-2027 (USD MILLION) 30
    49. BY DEPLOYMENT, 2020-2027 (USD MILLION) 31
    50. BY PRODUCT, 2020-2027 (USD MILLION) 32
    51. BY VERTICALS, 2020-2027 (USD MILLION) 33
    52. TYPE , 2020-2027 (USD MILLION) 35
    53. 2027 (USD MILLION) 35
    54. (USD MILLION) 36
    55. U.S. VIRTUAL PRIVATE NETWORK MARKET, BY VERTICALS, 2020-2027 (USD MILLION) 36
    56. VIRTUAL PRIVATE NETWORK MARKET, BY TYPE, 2020-2027 (USD MILLION) 37
    57. PRIVATE NETWORK MARKET, BY DEPLOYMENT, 2020-2027 (USD MILLION) 38
    58. PRIVATE NETWORK MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 38
    59. NETWORK MARKET, BY VERTICALS, 2020-2027 (USD MILLION) 39
    60. NETWORK MARKET, BY TYPE, 2020-2027 (USD MILLION) 40
    61. DEPLOYMENT, 2020-2027 (USD MILLION) 41
    62. PRODUCT, 2020-2027 (USD MILLION) 41
    63. VERTICALS, 2020-2027 (USD MILLION) 42
    64. COUNTRY, 2020-2027 (USD MILLION) 44
    65. TYPE, 2020-2027 (USD MILLION) 45
    66. 2027 (USD MILLION) 46
    67. (USD MILLION) 47
    68. EUROPE VIRTUAL PRIVATE NETWORK MARKET BY VERTICALS, 2020-2027 (USD MILLION) 48
    69. PRIVATE NETWORK MARKET, BY TYPE, 2020-2027 (USD MILLION) 49
    70. MARKET, BY DEPLOYMENT, 2020-2027 (USD MILLION) 50
    71. 2027 (USD MILLION) 50
    72. (USD MILLION) 51
    73. GERMANY VIRTUAL PRIVATE NETWORK MARKET, BY TYPE, 2020-2027 (USD MILLION) 53
    74. VIRTUAL PRIVATE NETWORK MARKET, BY DEPLOYMENT, 2020-2027 (USD MILLION) 53
    75. VIRTUAL PRIVATE NETWORK MARKET, BY PRODUCT 2020-2027 (USD MILLION) 54
    76. VIRTUAL PRIVATE NETWORK MARKET, BY VERTICALS, 2020-2027 (USD MILLION) 54
    77. VIRTUAL PRIVATE NETWORK MARKET, BY TYPE, 2020-2027 (USD MILLION) 55
    78. PRIVATE NETWORK MARKET, BY DEPLOYMENT, 2020-2027 (USD MILLION) 56
    79. PRIVATE NETWORK MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 56
    80. NETWORK MARKET, BY VERTICALS, 2020-2027 (USD MILLION) 57
    81. PRIVATE NETWORK MARKET, BY TYPE, 2020-2027 (USD MILLION) 58
    82. PRIVATE NETWORK MARKET, BY DEPLOYMENT, 2020-2027 (USD MILLION) 59
    83. VIRTUAL PRIVATE NETWORK MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 59
    84. EUROPE VIRTUAL PRIVATE NETWORK MARKET, BY VERTICALS, 2020-2027 (USD MILLION) 60
    85. VIRTUAL PRIVATE NETWORK MARKET BY COUNTRY, 2020-2027 (USD MILLION) 62
    86. VIRTUAL PRIVATE NETWORK MARKET BY TYPE, 2020-2027 (USD MILLION) 63
    87. VIRTUAL PRIVATE NETWORK MARKET BY DEPLOYMENT, 2020-2027 (USD MILLION) 64
    88. VIRTUAL PRIVATE NETWORK MARKET BY PRODUCT, 2020-2027 (USD MILLION) 65
    89. VIRTUAL PRIVATE NETWORK MARKET BY VERTICALS, 2020-2027 (USD MILLION) 66
    90. VIRTUAL PRIVATE NETWORK MARKET, BY TYPE, 2020-2027 (USD MILLION) 67
    91. PRIVATE NETWORK MARKET, BY DEPLOYMENT, 2020-2027 (USD MILLION) 68
    92. PRIVATE NETWORK MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 68
    93. NETWORK MARKET, BY VERTICALS, 2020-2027 (USD MILLION) 69
    94. NETWORK MARKET, BY TYPE, 2020-2027 (USD MILLION) 70
    95. DEPLOYMENT, 2020-2027 (USD MILLION) 71
    96. PRODUCT, 2020-2027 (USD MILLION) 71
    97. VERTICALS, 2020-2027 (USD MILLION) 72
    98. TYPE, 2020-2027 (USD MILLION) 73
    99. 2027 (USD MILLION) 74
    100. (USD MILLION) 74
    101. INDIA VIRTUAL PRIVATE NETWORK MARKET, BY VERTICALS, 2020-2027 (USD MILLION) 75
    102. ASIA-PACIFIC VIRTUAL PRIVATE NETWORK MARKET, BY TYPE, 2020-2027 (USD MILLION) 76
    103. ASIA-PACIFIC VIRTUAL PRIVATE NETWORK MARKET, BY DEPLOYMENT, 2020-2027 (USD MILLION)
    104. REST OF ASIA-PACIFIC VIRTUAL PRIVATE NETWORK MARKET, BY PRODUCT, 2020-2027 (USD
    105. MILLION) 77
    106. REST OF ASIA-PACIFIC VIRTUAL PRIVATE NETWORK MARKET, BY VERTICALS, 2020-2027
    107. (USD MILLION) 78
    108. REST OF THE WORLD (ROW) VIRTUAL PRIVATE NETWORK MARKET BY COUNTRY, 2020-2027
    109. (USD MILLION) 80
    110. REST OF THE WORLD (ROW) VIRTUAL PRIVATE NETWORK MARKET BY TYPE, 2020-2027 (USD
    111. MILLION) 81
    112. REST OF THE WORLD (ROW) VIRTUAL PRIVATE NETWORK MARKET BY DEPLOYMENT, 2020-2027
    113. (USD MILLION) 82
    114. REST OF THE WORLD (ROW) VIRTUAL PRIVATE NETWORK MARKET BY PRODUCT, 2020-2027
    115. (USD MILLION) 83
    116. REST OF THE WORLD (ROW) VIRTUAL PRIVATE NETWORK MARKET BY VERTICALS, 2020-2027
    117. (USD MILLION) 84
    118. MIDDLE EAST & AFRICA VIRTUAL PRIVATE NETWORK MARKET, BY TYPE, 2020-2027 (USD
    119. MILLION) 85
    120. MIDDLE EAST & AFRICA VIRTUAL PRIVATE NETWORK MARKET, BY DEPLOYMENT, 2020-2027
    121. (USD MILLION) 86
    122. MIDDLE EAST & AFRICA VIRTUAL PRIVATE NETWORK MARKET, BY PRODUCT, 2020-2027
    123. (USD MILLION) 86
    124. MIDDLE EAST & AFRICA VIRTUAL PRIVATE NETWORK MARKET, BY PRODUCT, 2020-2027
    125. (USD MILLION) 87
    126. LATIN COUNTRIES VIRTUAL PRIVATE NETWORK MARKET, BY TYPE, 2020-2027 (USD MILLION)
    127. LATIN COUNTRIES VIRTUAL PRIVATE NETWORK MARKET, BY DEPLOYMENT, 2020-2027 (USD
    128. MILLION) 89
    129. LATIN COUNTRIES VIRTUAL PRIVATE NETWORK MARKET, BY PRODUCT, 2020-2027 (USD MILLION)
    130. LATIN COUNTRIES VIRTUAL PRIVATE NETWORK MARKET, BY VERTICALS, 2020-2027 (USD
    131. MILLION) 90
    132. GLOBAL VIRTUAL PRIVATE NETWORK MARKET: DRIVERS & RESTRAINTS 11
    133. NETWOKR PROCESS 14
    134. FORCES ANALYSIS 14
    135. MILLION) 15
    136. GLOBAL VIRTUAL PRIVATE NETWORK MARKET, BY DEPLOYMENT 2020-2027 (USD MILLION) 18
    137. VIRTUAL PRIVATE NETWORK MARKET, BY PRODUCT 2020-2027 (USD MILLION) 20
    138. VIRTUAL PRIVATE NETWORK MARKET, BY VERTICALS 2020-2027 (USD MILLION) 23
    139. VIRTUAL PRIVATE NETWORK MARKET, BY REGION, 2020-2027 (USD MILLION) 27
    140. AMERICA VIRTUAL PRIVATE NETWORK MARKET BY COUNTRY,2020-2027 (USD MILLION) 29
    141. AMERICA VIRTUAL PRIVATE NETWORK MARKET BY TYPE, 2020-2027 (USD MILLION) 30
    142. AMERICA VIRTUAL PRIVATE NETWORK MARKET BY DEPLOYMENT, 2020-2027 (USD MILLION) 31
    143. AMERICA VIRTUAL PRIVATE NETWORK MARKET BY PRODUCT, 2020-2027 (USD MILLION) 32
    144. AMERICA VIRTUAL PRIVATE NETWORK MARKET BY VERTICALS, 2020-2027 (USD MILLION) 33
    145. VIRTUAL PRIVATE NETWORK MARKET BY COUNTRY, 2020-2027 (USD MILLION) 43
    146. VIRTUAL PRIVATE NETWORK MARKET BY TYPE, 2020-2027 (USD MILLION) 44
    147. PRIVATE NETWORK MARKET BY DEPLOYMENT, 2020-2027 (USD MILLION) 45
    148. PRIVATE NETWORK MARKET BY PRODUCT, 2020- 2027 (USD MILLION) 46
    149. NETWORK MARKET BY VERTICALS, 2020- 2027 (USD MILLION) 47
    150. PRIVATE NETWORK MARKET BY COUNTRY, 2020-2027 (USD MILLION) 62
    151. PRIVATE NETWORK MARKET BY TYPE, 2020-2027 (USD MILLION) 63
    152. PRIVATE NETWORK MARKET BY DEPLOYMENT, 2020- 2027 (USD MILLION) 64
    153. VIRTUAL PRIVATE NETWORK MARKET BY PRODUCT, 2020- 2027 (USD MILLION) 65
    154. VIRTUAL PRIVATE NETWORK MARKET BY VERTICALS, 2020- 2027 (USD MILLION) 66
    155. OF THE WORLD (ROW) VIRTUAL PRIVATE NETWORK MARKET BY COUNTRY, 2020-2027 (USD MILLION)
    156. REST OF THE WORLD (ROW) VIRTUAL PRIVATE NETWORK MARKET BY TYPE, 2020-2027 (USD
    157. MILLION) 81
    158. REST OF THE WORLD (ROW) VIRTUAL PRIVATE NETWORK MARKET BY DEPLOYMENT, 2020-2027
    159. (USD MILLION) 82
    160. REST OF THE WORLD (ROW) VIRTUAL PRIVATE NETWORK MARKET BY PRODUCT, 2020-2027
    161. (USD MILLION) 83
    162. REST OF THE WORLD (ROW) VIRTUAL PRIVATE NETWORK MARKET BY VERTICALS, 2020-2027
    163. (USD MILLION) 84
    164. GLOBAL VIRTUAL PRIVATE NETWORK KEY PLAYERS MARKET POSITION 2020 91
    165. VIRTUAL PRIVATE NETWORK MARKET STRUCTURE 110

    Virtual Private Network (VPN) Market Segmentation

    Market Segmentation Overview

    • Detailed segmentation data will be available in the full report
    • Comprehensive analysis by multiple parameters
    • Regional and country-level breakdowns
    • Market size forecasts by segment
    Virtual Private Network (VPN) Market Research Report- Global Forecast 2032 Infographic
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