The North America Virtual Private Network Market would witness market growth of 13.7% CAGR during the forecast period (2023-2029).
People who work from home might need to access crucial files on the employer's network, which requires a secure connection. Therefore, a VPN connection is frequently needed to access the network. The use of encryption methods and connections to private servers by VPN services both help to lower the likelihood that sensitive information will be compromised.
Additionally, business travelers regularly use VPNs to access their company network while on the go, including all its local network resources. As a result, security is improved because the local resources don't have to be directly accessible via the Internet. Users can also set up a private VPN to connect to their home network while away. As a result, they can use local file shares, access a Windows Remote Desktop over the Internet, and play games online as if they were on the same LAN.
If a person uses a public Wi-Fi connection, anyone nearby can see what they're doing when they visit non-HTTPS websites if they know where to look. Connecting to a VPN will allow users to conceal their surfing behavior for more privacy. After that, the VPN connection will carry all additional traffic. VPNs also facilitate easy access to geo-blocked websites and bypass internet censorship.
Businesses in this market are converting from on-premises to cloud-enabled VPNs due to the latter's improved scalability and availability, which is causing the market to expand. Additionally, it is projected that the installation of this software on portable devices would help the virtual private network industry in North America grow. North America has the fastest rate of adoption of contemporary technology, including artificial intelligence (AI), big data analytics, and cloud computing. The growth of this market is being driven by service providers' deployment of virtual private network software that incorporates artificial intelligence.
The US market dominated the North America Virtual Private Network Market by Country in 2022; thereby, achieving a market value of $25.3 billion by 2029. The Canada market is showcasing a CAGR of 15.9% during (2023 - 2029). Additionally, The Mexico market would register a CAGR of 15.6% 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 U.S., Mexico, Canada, and Rest of North America.
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 Offering
By Deployment Mode
By End User
- Commercial Users
- Individual Users
By Type
- Remote Access VPN
- Site-to-Site VPN
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Virtual Private Network Market, by Offering
1.4.2 North America Virtual Private Network Market, by Deployment Mode
1.4.3 North America Virtual Private Network Market, by End User
1.4.4 North America Virtual Private Network Market, by Type
1.4.5 North America Virtual Private Network Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Mergers & Acquisition: 2019, Jul – 2022, Sep) Leading Players
Chapter 4. North America Virtual Private Network Market by Offering
4.1 North America Solution Market by Country
4.2 North America Services Market by Country
Chapter 5. North America Virtual Private Network Market by Deployment Mode
5.1 North America Cloud Market by Country
5.2 North America On-premise Market by Country
Chapter 6. North America Virtual Private Network Market by End User
6.1 North America Commercial Users Market by Country
6.2 North America Individual Users Market by Country
Chapter 7. North America Virtual Private Network Market by Type
7.1 North America Remote Access VPN Market by Country
7.2 North America Site-to-Site VPN Market by Country
7.3 North America Others Market by Country
Chapter 8. North America Virtual Private Network Market by Country
8.1 US Virtual Private Network Market
8.1.1 US Virtual Private Network Market by Offering
8.1.2 US Virtual Private Network Market by Deployment Mode
8.1.3 US Virtual Private Network Market by End User
8.1.4 US Virtual Private Network Market by Type
8.2 Canada Virtual Private Network Market
8.2.1 Canada Virtual Private Network Market by Offering
8.2.2 Canada Virtual Private Network Market by Deployment Mode
8.2.3 Canada Virtual Private Network Market by End User
8.2.4 Canada Virtual Private Network Market by Type
8.3 Mexico Virtual Private Network Market
8.3.1 Mexico Virtual Private Network Market by Offering
8.3.2 Mexico Virtual Private Network Market by Deployment Mode
8.3.3 Mexico Virtual Private Network Market by End User
8.3.4 Mexico Virtual Private Network Market by Type
8.4 Rest of North America Virtual Private Network Market
8.4.1 Rest of North America Virtual Private Network Market by Offering
8.4.2 Rest of North America Virtual Private Network Market by Deployment Mode
8.4.3 Rest of North America Virtual Private Network Market by End User
8.4.4 Rest of North America Virtual Private Network Market by Type
Chapter 9. Company Profiles
9.1 IBM Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional & Segmental Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.5.3 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Microsoft Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Cisco Systems, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Juniper Networks, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.4.5.3 Acquisition and Mergers:
9.5 Check Point Software Technologies Ltd.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.5.2 Acquisition and Mergers:
9.6 Absolute Software Corporation (NetMotion Software)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Acquisition and Mergers:
9.7 Gen Digital, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Acquisition and Mergers:
9.8 Nord Security
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Acquisitions and Mergers:
9.9 Radio IP Software
9.9.1 Company Overview
9.10. Golden Frog, GmbH
9.10.1 Company Overview
TABLE 1 North America Virtual Private Network Market, 2019 - 2022, USD Million
TABLE 2 North America Virtual Private Network Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Virtual Private Network Market
TABLE 4 Product Launches And Product Expansions– Virtual Private Network Market
TABLE 5 Acquisition and Mergers– Virtual Private Network Market
TABLE 6 North America Virtual Private Network Market by Offering, 2019 - 2022, USD Million
TABLE 7 North America Virtual Private Network Market by Offering, 2023 - 2029, USD Million
TABLE 8 North America Solution Market by Country, 2019 - 2022, USD Million
TABLE 9 North America Solution Market by Country, 2023 - 2029, USD Million
TABLE 10 North America Services Market by Country, 2019 - 2022, USD Million
TABLE 11 North America Services Market by Country, 2023 - 2029, USD Million
TABLE 12 North America Virtual Private Network Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 13 North America Virtual Private Network Market by Deployment Mode, 2023 - 2029, USD Million
TABLE 14 North America Cloud Market by Country, 2019 - 2022, USD Million
TABLE 15 North America Cloud Market by Country, 2023 - 2029, USD Million
TABLE 16 North America On-premise Market by Country, 2019 - 2022, USD Million
TABLE 17 North America On-premise Market by Country, 2023 - 2029, USD Million
TABLE 18 North America Virtual Private Network Market by End User, 2019 - 2022, USD Million
TABLE 19 North America Virtual Private Network Market by End User, 2023 - 2029, USD Million
TABLE 20 North America Commercial Users Market by Country, 2019 - 2022, USD Million
TABLE 21 North America Commercial Users Market by Country, 2023 - 2029, USD Million
TABLE 22 North America Individual Users Market by Country, 2019 - 2022, USD Million
TABLE 23 North America Individual Users Market by Country, 2023 - 2029, USD Million
TABLE 24 North America Virtual Private Network Market by Type, 2019 - 2022, USD Million
TABLE 25 North America Virtual Private Network Market by Type, 2023 - 2029, USD Million
TABLE 26 North America Remote Access VPN Market by Country, 2019 - 2022, USD Million
TABLE 27 North America Remote Access VPN Market by Country, 2023 - 2029, USD Million
TABLE 28 North America Site-to-Site VPN Market by Country, 2019 - 2022, USD Million
TABLE 29 North America Site-to-Site VPN Market by Country, 2023 - 2029, USD Million
TABLE 30 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 31 North America Others Market by Country, 2023 - 2029, USD Million
TABLE 32 North America Virtual Private Network Market by Country, 2019 - 2022, USD Million
TABLE 33 North America Virtual Private Network Market by Country, 2023 - 2029, USD Million
TABLE 34 US Virtual Private Network Market, 2019 - 2022, USD Million
TABLE 35 US Virtual Private Network Market, 2023 - 2029, USD Million
TABLE 36 US Virtual Private Network Market by Offering, 2019 - 2022, USD Million
TABLE 37 US Virtual Private Network Market by Offering, 2023 - 2029, USD Million
TABLE 38 US Virtual Private Network Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 39 US Virtual Private Network Market by Deployment Mode, 2023 - 2029, USD Million
TABLE 40 US Virtual Private Network Market by End User, 2019 - 2022, USD Million
TABLE 41 US Virtual Private Network Market by End User, 2023 - 2029, USD Million
TABLE 42 US Virtual Private Network Market by Type, 2019 - 2022, USD Million
TABLE 43 US Virtual Private Network Market by Type, 2023 - 2029, USD Million
TABLE 44 Canada Virtual Private Network Market, 2019 - 2022, USD Million
TABLE 45 Canada Virtual Private Network Market, 2023 - 2029, USD Million
TABLE 46 Canada Virtual Private Network Market by Offering, 2019 - 2022, USD Million
TABLE 47 Canada Virtual Private Network Market by Offering, 2023 - 2029, USD Million
TABLE 48 Canada Virtual Private Network Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 49 Canada Virtual Private Network Market by Deployment Mode, 2023 - 2029, USD Million
TABLE 50 Canada Virtual Private Network Market by End User, 2019 - 2022, USD Million
TABLE 51 Canada Virtual Private Network Market by End User, 2023 - 2029, USD Million
TABLE 52 Canada Virtual Private Network Market by Type, 2019 - 2022, USD Million
TABLE 53 Canada Virtual Private Network Market by Type, 2023 - 2029, USD Million
TABLE 54 Mexico Virtual Private Network Market, 2019 - 2022, USD Million
TABLE 55 Mexico Virtual Private Network Market, 2023 - 2029, USD Million
TABLE 56 Mexico Virtual Private Network Market by Offering, 2019 - 2022, USD Million
TABLE 57 Mexico Virtual Private Network Market by Offering, 2023 - 2029, USD Million
TABLE 58 Mexico Virtual Private Network Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 59 Mexico Virtual Private Network Market by Deployment Mode, 2023 - 2029, USD Million
TABLE 60 Mexico Virtual Private Network Market by End User, 2019 - 2022, USD Million
TABLE 61 Mexico Virtual Private Network Market by End User, 2023 - 2029, USD Million
TABLE 62 Mexico Virtual Private Network Market by Type, 2019 - 2022, USD Million
TABLE 63 Mexico Virtual Private Network Market by Type, 2023 - 2029, USD Million
TABLE 64 Rest of North America Virtual Private Network Market, 2019 - 2022, USD Million
TABLE 65 Rest of North America Virtual Private Network Market, 2023 - 2029, USD Million
TABLE 66 Rest of North America Virtual Private Network Market by Offering, 2019 - 2022, USD Million
TABLE 67 Rest of North America Virtual Private Network Market by Offering, 2023 - 2029, USD Million
TABLE 68 Rest of North America Virtual Private Network Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 69 Rest of North America Virtual Private Network Market by Deployment Mode, 2023 - 2029, USD Million
TABLE 70 Rest of North America Virtual Private Network Market by End User, 2019 - 2022, USD Million
TABLE 71 Rest of North America Virtual Private Network Market by End User, 2023 - 2029, USD Million
TABLE 72 Rest of North America Virtual Private Network Market by Type, 2019 - 2022, USD Million
TABLE 73 Rest of North America Virtual Private Network Market by Type, 2023 - 2029, USD Million
TABLE 74 Key information – IBM Corporation
TABLE 75 key information – Microsoft Corporation
TABLE 76 Key Information – Cisco Systems, Inc.
TABLE 77 Key Information – Juniper Networks, Inc.
TABLE 78 Key Information – Check Point Software Technologies Ltd.
TABLE 79 Key Information – Absolute Software Corporation
TABLE 80 Key Information – Gen Digital, Inc.
TABLE 81 Key Information – Nord Security
TABLE 82 Key Information – Radio IP Software
TABLE 83 Key Information – Golden Frog, GmbH
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Mergers & Acquisition: 2019, Jul – 2022, sep) Leading Players
FIG 5 Recent strategies and developments: IBM Corporation
FIG 6 Swot analysis: IBM Corporation
FIG 7 Recent strategies and developments: Microsoft Corporation
FIG 8 SWOT Analysis: Microsoft Corporation
FIG 9 SWOT Analysis: Cisco Systems, Inc.
FIG 10 Recent strategies and developments: Juniper Networks, Inc.
FIG 11 Recent strategies and developments: Check Point Software Technologies Ltd.