Technology & Media
Virtual Private Network (VPN)
Virtual Private Network (VPN)
Virtual Private Network (VPN)
Global Virtual Private Network (VPN) Market to Reach $137.7 Billion by 2030
The global market for Virtual Private Network (VPN) estimated at US$44.6 Billion in the year 2022, is projected to reach a revised size of US$137.7 Billion by 2030, growing at a CAGR of 15.1% over the period 2022-2030. Multiprotocol Label Switching, one of the segments analyzed in the report, is projected to record 15.2% CAGR and reach US$67.4 Billion by the end of the analysis period. Growth in the Cloud segment is estimated at 17.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $16.5 Billion, While China is Forecast to Grow at 17.6% CAGR
The Virtual Private Network (VPN) market in the U.S. is estimated at US$16.5 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$21.5 Billion by the year 2030 trailing a CAGR of 17.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.9% and 12.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11.9% CAGR.Select Competitors (Total 155 Featured) - AT&T, Inc.BT GROUP PLCBarracuda Networks, Inc.Check Point Software Technologies Ltd.Array Networks, Inc.Aloha Mobile LimitedActMobile Networks, Inc.Astrill Systems CorporationAvast Software SroAcens Technologies SLUAcevpnCactusVPN Ltd.Antenna HungariaAlhambra Systems, S.A.Anticlockwise Pty LimitedPlease note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.
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