COPYRIGHT © DIGITAL JOURNAL INC. Sitemaps: XML / News. Digital Journal is not responsible for the content of external sites. Read more about our external linking
In 2023, the market for VPN software is anticipated to be worth US$ 1.7 billion. The market for VPN software is anticipated to continue expanding at a CAGR of 14.1%, reaching US$ 7.2 Bn by 2033.
Globally, the market for network security will account for almost 12% of all VPN software sales. Users can connect to private, secure networks with the help of virtual private network (VPN) software. It is an integrated platform that provides numerous technologies, including network encryption, multiprotocol label switching (MPLS), and tunnelling. It can also be used to denote a network of communications. On client computers, servers, and other appliances in the OpenVPN cloud, VPN software solutions can be put into use.
Virtual private network (VPN) software in particular plays an integral role in securing high-performance internet freedom. Growing mobile and cloud applications is one of the key drivers of the global VPN software market.
Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-14645
With rising number of VPN cloud applications and VPN services used by enterprises, companies are exploring applications that can be integrated into existing IT infrastructure rather than investing in entirely new infrastructure and components. It also offers various benefits such as the breadth of access and extended global reach, flexibility, resiliency, security, proactive management and reporting, and service agility.
With the advancement of internet and multimedia computer technologies, virtual classrooms have appropriate technical support. In remote virtual classrooms, VPN software is being used to modify traditional ways of education and introduce fundamental changes in learning and teaching methods.
Remote access VPNs and site-to-site VPNs are the two basic types of VPN connectivity. VPN software offers a wide range of benefits such as secure and fast connections, real-time control of 3G charges, one-click operation, easy administration, and high profitability through low operation costs.
Remote-access VPNs allow individual remote users to connect to a remote network such as roaming students connecting to their campus intranet. Increasing demand for virtual classroom-related technology, along with growing need for remote access VPN in institutes for education will augment the growth in the market.
“Rising adoption of cloud-based VPN software for remote access amid remote work culture in various countries, along with growing adoption in SMEs in emerging economies is expected to fuel the growth in the market over the forecast period,” says an FMI analyst.
Ask an Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-14645
Key Takeaways:
· By deployment mode, demand in the cloud-based VPN software segment is anticipated to increase at a CAGR of 15.5% between 2022 & 2032.
· By enterprise size, the large enterprises segment is anticipated to account for a dominant share of the global VPN software during the forecast period.
· By application, the service provider segment is estimated to grow 5.7X during the forecast period
· By industry, the adoption of VPN software in the BFSI segment is anticipated to increase at a CAGR of 18.0% between 2022 & 2032.
· Total sales of VPN software in the U.S. are expected to hold 80.3% of the North America market share by 2032.
· In India, demand for VPN software is expected to grow 6.9X by 2032.
· The VPN software market in China is estimated to create an absolute opportunity of US$ 408.5 Mn over the forecast period.
Competitive Landscape
Key players are developing new technologies such as advanced VPN solutions and cloud computing platforms for providing secure access to remote users. Remote access and site-to-site VPN connectivity will create attractive opportunities for the VPN software market players.
VPN Software Outlook By Category
By Deployment Mode:
By Enterprise Size:
By Application:
By Industry:
By Region:
Report Customization available @ https://www.futuremarketinsights.com/customization-available/rep-gb-14645
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
The post VPN Software Market is expected to grow at a high CAGR of 14.1% 2023 to 2033 | Future Market Insights Inc. appeared first on Future Market Insights.