Virtual Private Network Market Industry Analysis, Segments, Key Players, Drivers, Trends, and Forecast 2016 – 2022
Market Highlights
A VPN or virtual private network is a network technology which is used to provide an additional security layer to the over a less secure network. The VPN offers various benefits and ensures that the appropriate level of security is given to the connected systems where underlying network infrastructure is not able to provide it. Elimination of unauthorized access to the networks and creation of secure bridge between the source computers to destination are some of the application of a VPN and VPN market is majorly driven by these factors because growing technology is also bringing new threats into the current network environment. Cyber security has become a core concept in any organization. Companies have become more sensitive towards their data and loss of a single file from the organization could hamper the image of company very badly, thus companies are adopting new cyber security technologies just after it is arriving. VPN is a very core component of cyber security and growth of cyber security market is also driving the market of VPN.
High technological adoption along with the increasing number of connected devices is also creating various vulnerability into the current network infrastructure. This vulnerability needs to be addressed properly and a VPN could be an option to remove these security vulnerabilities.
The global market of VPN is expected to reach at USD 106 billion by the end of year 2022 with compound annual growth rate of 13 % but factors such as high deployment cost and need of technical knowledge are some of the restraints of the market.
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� Microsoft Inc.( U. S.), � Private Internet Access( U. S.), � CyberGhost( Romania), � NordVPN( Panama), � Purevpn( Hong Kong), � IPVanish( U. S.), � Golden Frog( U. S.), � Buffered VPN( Hungary),
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