VPN Market share research by applications and regions for 2018-2024

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Virtual Private Network Market trends research
and projections for 2018-2024 Global Market
Insights Inc.
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Regional Analysis of VPN Market

• North America holds a majority share of the VPN
  market due to a robust growth in the BFSI,
  retail, and other sectors in this region along
  with a rising adoption of VPN systems by the
  healthcare industry in the U.S. As the region is
  witnessing rapid digitization in the healthcare
  sector due to favorable government initiatives
  for recording the medical data from birth till
  death, it is expected to dominate the global VPN
  market between 2018 and 2024.
• The VPN market is growing at a good pace in Asia
  Pacific due to the growing trend of these
  networks among enterprises in India, China, and
  other Asia Pacific countries. For instance, there
  was an increase of around 11.34 in 2017
  considering the number of internet users in
  India, as compared to 2016. However, India tends
  to be one of the most affected countries by
  cybercrimes. There was an increase in
  cyber-attacks in India by about 6.25 in 2016
  over 2015. This ultimately creates an opportunity
  for the enterprises providing VPN services to
  capture the market in India.

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Application Analysis of VPN Market

• The advantages of VPN include improved
  communication, better security, low operating
  costs, and increased flexibility reliability
  for the end user. It enables the user to access
  the business network or home network securely
  while traveling. It secures the browsing
  activities of the users from local networks. It
  also provides access to geo-blocked websites and
  assists in downloading file securely using a
  VPN-prepared system.
• VPN market can be categorized into firewall
  based, hardware based, software based, and Secure
  Socket Layer (SSL) technology based. The firewall
  based is used to protect the system from
  malicious content, and from unauthorized users
  intercepting the connection. The hardware-based
  VPN consists of the total package installed in a
  compact system that provides a secure way to
  exchange the data. The software-based VPN is to
  be installed in the system within an organization.

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Market research reports Key analytical components
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Competitive Market Share of VPN Market

• The companies operating in the VPN software
  market focus on acquisitions to provide better
  facilities to the customers. For instance, in
  June 2016 Cisco acquired CloudLock and in July
  2017 it acquired Observable Networks, Inc. Also,
  in February 2018, Cisco acquired Skyport systems
  to grow faster and to increase its market share
  in the VPN software market. VPN software market
  includes various vendors providing solutions to
  the market such as Cisco, Microsoft, Google,
  Oracle, Contemporary Controls Systems, Cohesive
  Networks, NCP Engineering, Huawei Technologies,
  Robustel, Contemporary Controls Systems, Vertela,
  Singapore Telecommunications, Golden Frog, and
  Cyberghost.

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