What’s the Market Outlook for VPN Worldwide?
The virtual private network (VPN) market size has surged in recent years. Historical data shows a market growth from $61.42 billion in 2024 to $71.66 billion in 2025 at a compound annual growth rate (CAGR) of 16.7%. The market boom in the past can be linked to elements such as data privacy regulations, increased internet surveillance, online freedom and censorship avoidance, and a shift to hybrid work models.
Predictions for the VPN market’s future are optimistic. It is expected to catapult to $154.09 billion in 2029 at a CAGR of 21.1%. Factors such as the shift to zero trust security models, focus on endpoint security, privacy advocacy, and more industry specific security regulations are expected to drive this uptick. Further, trends such as enhanced user authentication methods and increased collaboration with cybersecurity platforms are also anticipated to shape market growth.
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What Is Driving the Unprecedented Growth in the VPN Market?
A primary driver behind the VPN market’s growth is the increasing incidence of cyberattacks. VPNs are coveted by corporations as they facilitate secure data transfer and lower the risk of cyber threats. For instance, the Australian Cyber Security Centre received over 94,000 reports of cybercrime in the financial year 2022-2023, marking a 23% increase from the previous year. This surge in cyber threats emphasizes the rising importance of VPNs for data security.
How Is The VPN Market Segmented?
1) By Type: IP VPN, Mobile VPN, Cloud VPN, Multiprotocol Label Switching (MPLS)
2) By Component: Solution, Services
3) By Connectivity: Site-To-Site, Remote Access, Extranet
4) By Deployment: Cloud, On-Premise
5) By End-User: BFSI, Manufacturing, Healthcare, Telecom And IT, Government, Other End Users
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Who Are the Game-Changers in The VPN Market Landscape?
Major key players operating in the VPN market include Check Point Software Technologies Ltd., Cisco Systems Inc., Golden Frog GmbH, Juniper Networks Inc., Microsoft Corporation, Safer Social Ltd., Avast Software s. r. o., Citrix Systems Inc., Sectra AB, Google LLC, International Business Machines Corporation, NetMotion Software Inc., WatchGuard Technologies Inc., Array Networks Inc., NCP Engineering GmbH, BlackBerry Limited, Smith Micro Software Inc., GZ Systems Ltd., ExpressVPN International Ltd., NordVPN S. A., Surfshark Ltd., London Trust Media Inc., CyberGhost S. A., Mudhook Media Inc., J2 Global Inc., VPNetworks LLC, ProtonVPN AG, eVenture Limited, Windscribe Limited, Mullvad AB, Edalia Srl, Perfect Privacy LLC.
What Trends Are Shaping the Future of the VPN Market?
Technological advancements are transforming the VPN market landscape. VPN providers are investing in new technologies to ensure fast and uninterrupted internet connectivity and remote accessibility. For example, in March 2023, Canada-based Brave Software Inc. expanded its Firewall + VPN service to desktops, adding to its existing VPN services on Android and iOS. The new cross-device VPN subscription model allows users to connect and secure up to five devices under a single subscription.
Which Region Is Driving the Highest Growth in VPN Market?
In 2024, North America dominated the VPN market with the highest market share. However, during the forecast period, the Asia-Pacific region is expected to witness the fastest growth. The market report covers regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Virtual Private Network (VPN) Market Report 2025 Offer?
The virtual private network (VPN) is an encrypted connection over the internet from a device to a network. The secure connection enables protected transmission of sensitive data, safeguards against unauthorized traffic monitoring, and enables remote workings. The VPN provides private internet access, web security, and global remote access for corporations and electronic devices.
The Virtual Private Network (VPN) Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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