Global Virtual Private Network Market Forecasted to Grow at CAGR 14.77% by 2022
Albany, New York, March 27, 2017: The Virtual Private Network or VPN, is the need of the hour to safeguard public online connections in today’s world. The advancement of cloud service is one of the positive factors which is boosting the VPN market at present. Market Research Hub has added the latest report underlined with the title, “Global Virtual Private Network Market Outlook & Forecast 2017”, to its vast database of well-analyzed research reports. The report offers a brief description of the virtual private network market, with further stress on the market overview, sales along with future prospects.
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Initially, the report provides a precisely valued figure for the virtual private network (VPN) market which was valued at USD 15.64 billion in 2016. The research estimation highlights that the market is strongly anticipated to reach higher levels with an extended figure of USD 35.73 billion until 2022. Focusing on the geographical aspect, the report analyzes some specific regions including the USA, Europe, China, India, Japan and Southeast Asia. The reader would be provided with a detailed analysis of the sales, market share, revenue as well as growth rate of the VPN market in the mentioned regions for the forecast period 2017–2022.
A Virtual Private Network (VPN) is basically a network technology which creates a secure network connection over a public network, for example, the Internet or a private network maintained by a service provider. Presently, large corporations, and government agencies prefer the use of VPN technology to permit remote users to firmly connect to a private network. Above all, VPN is also capable of connecting multiple sites over a large distance similar to a Wide Area Network (WAN). Moreover, VPNs are often used to spread intranets worldwide to broadcast information and news for a wide user base. In today’s world, the rising complexity of the IT environment along with the intensified security concerns have boosted the market for virtual private network.
The later section of the report offers a deep insight concerned with market overview, product overview and classification of VPN market based on product category. On the basis of product, the market is mainly segregated into:
· Remote Access VPN
· Site-to-Site VPN
Moreover, on the basis of applications and end users, the VPN market is split on the basis of commercial use, individual, public service, research institution and others.
The concluding sections of the report offer useful date related to prominent market players including Buffered VPN, Private Internet Access, Golden Frog, Nord VPN, Safer VPN, IP Vanish VPN, Hotspot Shield, VPN Pure, Express VPN, TorGuard, Cisco, VYPR VPN, CenturyLink, FluidOne and Fortinet. Company profiles and sales data concentrating on the major players in properly mentioned in this subsequent section of the report.
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At last, the report covers manufacturing cost analysis, industry chain, downstream buyers, sourcing strategy, technology progress as well as risks linked to the VPN market.
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