VPN Market share research by applications and regions for 2018-2024 Virtual Private Network (VPN) Market | Page 2

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.
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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