Global Virtual Private Network Market Size & Outlook
The virtual private network industry worldwide is expected to reach a projected revenue of US$ 92,600.8 million by 2027. A compound annual growth rate of 17.4% is expected of the worldwide virtual private network industry from 2021 to 2027.
Revenue, 2020 (US$M)
$30,054.2
Forecast, 2027 (US$M)
$92,600.8
CAGR, 2021 - 2027
17.4%
Report Coverage
Worldwide
Global virtual private network market, 2016-2027 (US$M)
Related Markets
Global virtual private network market highlights
- The global virtual private network market generated a revenue of USD 30,054.2 million in 2020 and is expected to reach USD 92,600.8 million by 2027.
- The market is expected to grow at a CAGR (2021 - 2027) of 17.4% by 2027.
- In terms of segment, solution accounted for a revenue of USD 19,298.1 million in 2020.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2020.
- Country-wise, Canada is expected to register the highest CAGR from 2021 to 2027.
Global data book summary
| Market revenue in 2020 | USD 30,054.2 million |
| Market revenue in 2027 | USD 92,600.8 million |
| Growth rate | 17.4% (CAGR from 2020 to 2027) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 34.9% of the global virtual private network market in 2020.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, Canada is the fastest growing regional market and is projected to reach USD 7,040.3 million by 2027.
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Virtual Private Network Market Scope
Virtual private network market segmentation & scope
Virtual Private Network Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global virtual private network market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to virtual private network market will help companies and investors design strategic landscapes.
solution was the largest segment with a revenue share of 64.21% in 2020. Horizon Databook has segmented the Global virtual private network market based on solution, services covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Virtual Private Network Component Outlook (Revenue, USD Million, 2016-2027)
- Solution
- Services
- Global Virtual Private Network Type Outlook (Revenue, USD Million, 2016-2027)
- Site-to-site
- Remote access
- Extranet
- Others
- Global Virtual Private Network Deployment Outlook (Revenue, USD Million, 2016-2027)
- Cloud
- On-premise
- Global Virtual Private Network End-user Outlook (Revenue, USD Million, 2016-2027)
- Commercial
- Individual
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Target buyers of Global virtual private network market databook
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Our clientele includes a mix of virtual private network market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global virtual private network market, including forecasts for subscribers. This global databook contains high-level insights into Global virtual private network market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Global virtual private network market statistics, by regions, 2016-2027 (US$M)
Top 10 countries: Virtual private network market size, 2020 (USD Million)
Top 10 countries: Virtual private network market size, 2020 (USD Million)
Global virtual private network market, by region, 2020 (US$M)
Related regional statistics
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