Virtual Private Network (VPN) Market - Forecasts From 2018 To 2023

107 pages
Published on : May 2019
Report Code : KSI061612259


The Virtual Private Network (VPN) Market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. The demand for VPNs will grow on account of the increasing cyber crime issues, as VPNs provide a secure and private network for individuals to access. In addition to this, many online services are acquiring VPN service providers to provide their own VPN services to users. However, since VPNs carry data to a different server before taking the user to the desired webpage, they witness some performance and speed issues, which restrains the demand for these services during the forecasted period. Geographically, North America holds a significant share of the market due to early adoption of technology and early development of cyber security concerns. The Asia Pacific market will see many exciting growth opportunities due to increasing adoption of internet connectivity and devices such as smartphones, tablets, laptops, among others.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the VPN value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the VPN market. 

Major industry players profiled as part of the report are ExpressVPN, CyberGhost S.A., KeepSolid, Inc., AnchorFree GmbH, Windscribe Limited, among others.


The Virtual Private Network (VPN) market has been analyzed through following segments:

By Platform

Personal Computers and Laptops

Smartphones and Tablets

Smart TVs

Gaming Consoles

By Application

Censorship Bypass

IP Address Masking

Data Protection



By Geography

North America






South America








United Kingdom




Middle East and Africa

Saudi Arabia




Asia Pacific



South Korea




Target audience 




Service Providers

Government Agencies

Research Organizations



Key insights offered

What will be the Virtual Private Network (VPN) market size from 2017 to 2023?

How are the major drivers and restraints affecting the Virtual Private Network (VPN) market growth and the opportunities which exist for key vendors?

Which segment and region will drive or lead the market growth and why?

A comprehensive analysis of competitive landscape and key market participants’ behaviour

Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.