![]() Virtual appliances need high engine speeds, which increases the overall cost of products and services. The cloud VPN segment is anticipated to witness 25% growth through 2032, on account of the increasing adoption of virtual appliances across organizations. To tailor this report to your specific requirements: Customize this Report Growing adoption of virtual appliances in enterprises to bolster cloud VPN segment The routers also offer an integrated firewall that works like a kill-switch alongside split tunnel functionalities to restrict user access to certain websites. VPN routers offer high data protection to multiple devices and ensure high security against WebRTC and DNS leaks. The growth can be credited to the highly secure, efficient, and dependable connectivity services offered by hardware vendors to remote working employees, and offices. The hardware segment held 40% of the VPN market share in 2022. High security and performance to foster hardware component segment Information security product and services are particularly affected as organizations are growing more hesitant on acquiring or continuing paid VPN services. The spending cuts have notably slowed down sales cycles and disrupted growth across the overall information security market. Across a number of global organizations, IT has been severely hit by these spending cuts, which is hindering industry outlook. With the global economy expanding a post-pandemic slump, many businesses have drastically cut down their spending. To get details on how to order this report click hereĬonstrained spending amid slow economic growth to hinder the industry expansion ![]() ![]() Reluctance to adopt various VPN solutions.Need to support multiple OS slows down VPN functionalities.Growing adoption of BYOD and enterprise mobility.Compliance regulations requiring organizations to implement additional security.Increasing adoption of VPN across multiple business verticals.Virtual Private Network (VPN) Market Report Coverage Report CoverageĬomponent, Type, Connectivity, Application Additionally, the need for online anonymity has also created growth avenues for the VPN market share. The cost-effective nature of VPN services, coupled with their enhanced security and accessibility, are positively impacting business growth as well. A VPN only permits authorized systems to decode the information being transmitted through the network. This need has subsequently transformed a once niche field of virtual private networks into a vast market with significant potential for growth. Growing instances of cyberattacks on businesses have increased the need for encrypted networks that facilitate secure transmission of sensitive data. ![]() To get more details on this report: Request Free Sample PDF Driven by growing instances of cybercrimes and data thefts, due to the increasing proliferation of wireless devices and digital infrastructures across industries. Virtual Private Network (VPN) Market size valued at USD 45 billion in 2022 and is estimated to grow at around 20% CAGR from 2023 to 2032. ![]()
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