Virtual Private Network (VPN) Market is projected to grow between 2017 and 2023

The report published by Knowledge Sourcing Intelligence titled “Virtual Private Network (VPN) Market- Forecast From 2018 to 2023” studies the various factors affecting the demand for VPNs across the globe. The report has been segmented by platform (personal computers and laptops, smartphones and tablets, smart TVs, gaming consoles), application (censorship bypass, IP address masking, data protection, others), and geography, covering five regions namely North America, South America, Europe, Middle East and Africa, and Asia Pacific, and some of the major economies in each of these regions.

VPN is a technology that enables safe and secure network usage, over a public network such as the internet. The growing number of cyber attacks and risk of data leaks will be the driving force behind the demand for VPNs during the forecast period. VPNs also allow users to encrypt their data, to secure themselves from potential threats during the transfer of data. Traditionally, VPNs were only used by corporates to use the network securely. However, VPNs are now also being used by general consumers to bypass country or region-specific censorships allowing users to freely access content, further boosting the demand for these solutions.

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Personal Computers and Laptops will have a significant share in the VPN market in 2018.

VPNs were highly used in corporate structures which require a layer of protection over their internet network, and with the increasing emphasis on IT security, the demand for VPNs in corporate offices will increase, leading to increased consumption of VPNs on personal computers and laptops. Furthermore, with the developing mobile and tablet platform, and increasing usage of these devices for both corporate and media consumption will lead to many growth opportunities for the mobile and tablets segment.

Europe will have a substantial share in the VPN Market

The noteworthy share of Europe in the VPN market is because of the early adoption of the technology in the region and supportive government regulations in the adoption of advanced security measures to improve the cybersecurity within corporates. Furthermore, the introduction of Article 13 and Article 11 of the Directive of Copyright, have heavily censored the content on the European internet, resulting in increased adoption of VPNs by the citizens to bypass the applied censorship, further bolstering the demand.

This report also includes a study of strategies and product portfolios of some of the leading companies in the VPN market, including ExpressVPN, CyberGhost S.A., KeepSolid, Inc., AnchorFree GmbH, and Windscribe Limited, among others.

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Knowledge Sourcing Intelligence (KSI) is a market research and consulting organization based out of India. KSI publishes research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with whole market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

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