In 2022, the market for VPN software is anticipated to be worth US$ 1.7 billion. By 2032, the market for VPN software is expected to reach US$ 7.2 Billion, growing at a CAGR of 14.1%. 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 offers a variety of technologies, such as network encryption, MPLS, and tunnelling. It can also be used to refer to a communications network. VPN software solutions can be used on client computers, servers, and other equipment in the OpenVPN cloud.
Businesses all around the world are implementing VPN software to give distant workers dependable, secure access to organisational systems. Virtual private network (VPN) software and services are increasingly used by online users to protect their privacy, get around censorship, and access geo-restricted content.
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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
With the purpose of giving faraway users secure access, major businesses are developing new technologies including sophisticated VPN solutions and cloud computing platforms. For the companies in the VPN software market, remote access and site-to-site VPN connectivity will present appealing potential.
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VPN Software Outlook By Category
By Deployment Mode:
- On-premise VPN Software
- Cloud-based VPN Software
By Enterprise Size:
- Small and Medium-sized Enterprises (SMEs)
- Large Enterprises
By Application:
- Consumer
- Commercial
- Service Provider
By Industry:
- IT & Telecom
- Retail
- Government
- Healthcare
- BFSI
- Manufacturing
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East and Africa (MEA)
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