The Global Cloud VPN Market was valued at USD 2.69 billion in 2016 and is projected to reach USD 11.01 billion by 2025, growing at a CAGR of 22.30% from 2017 to 2025.
Cloud VPN is a type of VPN that utilizes a cloud-based network infrastructure to deliver VPN services. It provides globally accessible VPN access to end users and subscribers through a cloud platform over public Internet. Cloud VPN provides the same level of secure and globally accessible VPN service access without the need for any VPN infrastructure on the user’s end.
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1. Market Drivers
1.1 Growing Demand for Secure Remote Access
1.2 Adoption of Private Clouds
1.3 Increasing Concerns for Data Security
1.4 Increasing need for Cloud VPN
2. Market Restraints
2.1 Concerns for Data Security and Privacy over Cloud
2.2 Lack of Awareness about VPN
The Global Cloud VPN Market is segmented on the basis of end user, component, connectivity type, organization size, and region.
1. By End User:
2. By Component:
3. By Connectivity Type:
3.1 Remote Access
4. By Organization Size:
4.1 Large Companies
4.2 Mid-sized Companies
4.3 Small Companies
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Rest of the World
The major players in the market are as follows:
1. Array Networks
2. Cisco Systems
6. Microsoft Corporation
7. Cohesive Networks
8. Google Inc.
10. Oracle Inc.
11. Contemporary Controls
12. NCP Engineering
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Global Cloud VPN Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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