Europe Virtual Private Network Market Size, Share & Industry Trends Analysis Report By Offering (Solution and Services), By Deployment Mode (Cloud and On-premise), By End User, By Type, By Country and Growth Forecast, 2023 - 2029
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Market Report Description
The Europe Virtual Private Network Market would witness market growth of 14.8% CAGR during the forecast period (2023-2029).
VPNs can be used on many devices like smartphones, tablets, laptops, etc. The utilization of mobile virtual private networks is prevalent in scenarios where the VPN's endpoint is not restricted to a solitary IP address. Instead, it moves across different networks, including data networks provided by cellular carriers or multiple Wi-Fi access points, without disrupting the secure VPN session or the loss of application sessions.
It is common practice to connect mobile devices to virtual private networks (VPNs) in the field of public safety. This allows law enforcement agents to gain access to essential programs and databases, such as computer-assisted dispatch and criminal records. Similarly, organizations with comparable requirements, like healthcare and field service management, rely on mobile VPNs.
The virtual private network market is experiencing growth due to several factors, including increased data security concerns, a rise in advanced and complex cyber threats, and an upsurge in the usage of mobile and wireless devices within organizations. In addition, the market is experiencing growth due to increased demand for remote accessibility.
Due to rising internet usage and the growing adoption of multiple mobile-enabled devices, the United Kingdom VPN market is expected to grow significantly in the coming years. To connect to diverse environments, the UK government uses a VPN network. In addition, the government connects other organizations via a VPN to track disaster recovery environments as well as sync data with them. The use of VPN solutions across numerous business sectors is being fuelled by their expanding usage throughout numerous industries. Therefore, the region presents lucrative growth opportunities for the growth of the market.
The Germany market dominated the Europe Virtual Private Network Market by Country in 2022; thereby, achieving a market value of $6,879.7 million by 2029. The UK market is registering a CAGR of 13.9% during (2023 - 2029). Additionally, The France market would showcase a CAGR of 15.7% during (2023 - 2029).
Based on Offering, the market is segmented into Solution and Services. Based on Deployment Mode, the market is segmented into Cloud and On-premise. Based on End User, the market is segmented into Commercial Users and Individual Users. Based on Type, the market is segmented into Remote Access VPN, Site-to-Site VPN, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Virtual Private Network Market is Projected to reach USD 101.3 Billion by 2029, at a CAGR of 15.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Cisco Systems, Inc., Juniper Networks, Inc., Check Point Software Technologies Ltd., Absolute Software Corporation (NetMotion Software), Gen Digital, Inc., Nord Security, Radio IP Software and Golden Frog, GmbH.
Scope of the Study
Market Segments Covered in the Report:
By Deployment Mode
By End User
- Commercial Users
- Individual Users
- Remote Access VPN
- Site-to-Site VPN
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Microsoft Corporation
- Cisco Systems, Inc.
- Juniper Networks, Inc.
- Check Point Software Technologies Ltd.
- Absolute Software Corporation (NetMotion Software)
- Gen Digital, Inc.
- Nord Security
- Radio IP Software
- Golden Frog, GmbH
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