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Virtual Private Network (VPN) Market 2022 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : Check Point Software Technologies, Cisco Systems, Golden Frog, Juniper Networks

11-21-2022 07:39 AM CET | IT, New Media & Software

Press release from: The Business research company

Virtual Private Network (VPN) Market

Virtual Private Network (VPN) Market

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The global virtual private network (vpn) market report by the business research company identifies increasing cyberattacks is expected to be a major growth driver for the virtual private network (vpn) market. Cyberattacks have been ranked as the fifth most important threat in 2020 and are expected to become the new norm in both the public and commercial sectors. Additionally, cyberattacks are anticipated to develop even more in 2021, with IoT cyberattacks alone projected to double by 2025. VPN technologies are being adopted by major corporations as they securely transfer data and reduce the risk of cyberattacks. For instance, according to the World Economic Forum's 2020 Global Risk Report, cybercrime has increased 600% as a result of the COVID-19 outbreak, encompassing everything from theft and embezzlement to data hacking and destruction. Therefore, the rising cyberattacks propels the growth of the virtual private network market.

The global virtual private network market is expected to grow from $38.56 billion in 2021 to $45.89 billion in 2022 at a compound annual growth rate (CAGR) of 19.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting manyevery markets across the globe. The virtual private network (VPN) market is expected to reach $91.20 billion in 2026 at a CAGR of 18.7%.

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North America was the largest region in the virtual private network market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the virtual private network (VPN) report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Major players in the virtual private network (VPN) market are Check Point Software Technologies, Cisco Systems, Golden Frog, Juniper Networks, Microsoft Corporation, Safer Social Ltd, Avast, Citrix Systems, Columbitech, Google, IBM Corporation, NetMotion Software, WatchGuard Technologies, Array Networks, NCP Engineering, BlackBerry, Smith Micro Software, and GZ Systems Ltd.

The global home security system market is segmented -
1) By System: Fire Protection System, Video Surveillance System, Access Control System, Entrance Control System, Intruder Alarm System
2) By Component: Hardware, Software, Services
3) By Security Type: Professionally-Installed And Monitored, Self-Installed And Professionally Monitored, Do-It-Yourself (DIY)
4) By End User: Condominiums, Apartments, Independent Homes

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The Virtual Private Network (VPN) Market Report Contents Include
1. Executive Summary
2. Virtual Private Network (VPN) Market Characteristics
3. Virtual Private Network (VPN) Market Trends And Strategies
4. Virtual Private Network (VPN) Market - Macro Economic Scenario
5. Virtual Private Network (VPN) Market Size And Growth
....
26. Africa Virtual Private Network (VPN) Market
27. Virtual Private Network (VPN) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Virtual Private Network (VPN) Market
29. Virtual Private Network (VPN) Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the Virtual Private Network (VPN) market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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