Global Cloud VPN Market Size By Component (Software, Services), By Connectivity Type (Site-To-Site, Remote Access), By Organization Size (Large Enterprises, Small And Medium-Sized Enterprises), Vertical (Healthcare, Manufacturing), By Geographic Scope And Forecast

Cloud VPN Market Size And Forecast

Cloud VPN Market size was valued at USD 7.8 Billion in 2024 and is projected to reach USD 58.2 Billion by 2031, growing at a CAGR of 22.6% from 2024 to 2031.

Hey there! The world is going crazy for virtualization and cloud-based stuff. It's like everyone wants their data and applications floating around in the digital sky. And here's why1. Security People are getting paranoid about their data, so they're flocking to cloud VPNs to protect it. It's like having a super-secure vault floating in the cloud. 2. Convenience With cloud VPNs, you can access your files and apps from anywhere, anytime. No more lugging around laptops or fumbling with cables. 3. BYOD (Bring Your Own Device) More and more people are bringing their own devices to work, and cloud VPNs make it easy for them to connect to the company network securely. So, the demand for cloud VPNs is skyrocketing. And to help you stay on top of the game, there's this awesome report that breaks down everything you need to know about the cloud VPN market. It's got all the juicy details on market trends, who's winning, and what's driving the growth. Check it out if you're into this cloud VPN craze!

Global Cloud VPN Market Definition

A virtual private network (VPN) is a network-based technology that establishes a secure and encrypted connection. A VPN encrypts your Internet connection to keep it safe. VPN service providers provide super-fast, dependable, and ultra-secure connectivity, as well as strong encryption. Cloud VPN refers to VPN services delivered over a cloud-based network infrastructure. It is widely used to provide VPN access to end-users and subscribers from various geographies over the public Internet via a cloud platform. As a result of the aforementioned factors, the Global Cloud VPN Market is expected to grow significantly.

Imagine you need a secure way to connect to your company's network from anywhere. That's where a Cloud VPN comes in. It's like a special tunnel that keeps your data safe while you're browsing the internet or sending emails. You can think of it as a "VPN in the cloud." Instead of setting up and maintaining your own VPN equipment, you can simply use a service that provides access to a secure cloud-based VPN. This can be really convenient, especially if you're on the go or don't want to deal with the technical stuff. Just like any other service, you pay for what you use. Some providers charge based on the amount of data you transfer or the time you spend connected. Others offer flat-fee subscriptions that cover all your usage. So, if you're looking for a hassle-free and secure way to access your company's network remotely, a Cloud VPN is a great option.

Virtual private networks (VPNs) are like secure tunnels that allow you to connect to a private network over the public internet. There are a few different types of VPNs, each with its own advantagesIP VPNThis type of VPN uses the internet protocol (IP) to create a private connection between two or more locations. IP VPNs are often used by businesses to connect their different offices or to allow employees to work remotely. Cloud VPN Cloud VPNs are similar to IP VPNs, but they use the cloud instead of the public internet to create a secure connection. Cloud VPNs are often more flexible and scalable than IP VPNs, making them a good option for businesses that need to quickly add or remove users. Mobile VPNMobile VPNs are designed for users who need to access a private network from their mobile devices. Mobile VPNs are typically easy to set up and use, and they can provide a secure connection even when you're on the go. Multiprotocol label switching (MPLS) MPLS is a technology that can be used to create VPNs. MPLS VPNs are often used by businesses to connect their different locations over a wide area network (WAN). MPLS VPNs are known for their performance and reliability. VPNs are used in a variety of industries, including banking and finance, manufacturing, healthcare, telecommunications and information technology, government, and others.

Global Cloud VPN Market Overview

The main drivers for the growth of the Global Cloud VPN Market are a growing Preference for Virtual Appliances, Increased Demand for Cloud Services, and Growing Concerns About Data Security. In the coming years, the growing number of cyberattacks is predicted to boost the expansion of the Cloud VPN Market. Cyberattacks were identified as the fifth most serious threat in 2020, and they are projected to become the new normal in both the public and private sectors. Furthermore, cyberattacks are expected to increase in 2021, with IoT cyberattacks alone expected to triple by 2025.

VPN technologies are being used by major organizations because they enable secure data transfer and lower the danger of a cyberattack. Cloud services improve business performance through a variety of advantages such as agile deployment, security and storage management, the low total cost of ownership, utility-based sharing models, and high-level computing. Because of these reasons, there has been an increased demand for Cloud Services.

The major restraints to the growth of the Global Cloud VPN Market are a lack of governance and uniformity, Concerns about data loss and security, and lack of technological skills. Whereas, the opportunities for growth of the market areSmall and medium-sized enterprises (SMEs) are rapidly expanding and increasingly adopting cloud-based servers. This increase in SMEs necessitates improved security services and private skills that can connect businesses with trust and loyalty. Apart from that Increased adoption of Private Clouds can also create opportunities for growth of the Global Cloud VPN Market.

Global Cloud VPN MarketSegmentation Analysis

The Global Cloud VPN Market is Segmented on the basis of Component, Connectivity Type, Organization Size, Vertical, And Geography.

Cloud VPN Market, By Component

• Software
• Services

The market for cloud-based virtual private networks (VPNs) is mainly divided into two typessoftware and services. Software takes the lead in this market. VPN software gives users the power to choose their own IP address, breaking down geographical barriers. It also lets them access blocked websites, bypass restrictions, and stream live events. These features drive the high demand for cloud VPNs. Moreover, VPN software enhances security and scalability, making remote access more secure. This has led to a growing adoption of private clouds, fueling the demand for VPN software and expanding the cloud VPN market.

Cloud VPN Market, By Connectivity Type

• Site-To-Site
• Remote Access

Based on Connectivity Type, the market is segmented into Site-To-Site and Remote Access. Consumer VPNs that we use to protect our identities and data are called remote-access VPNs. Employees working from anywhere in the world could securely connect to their company’s remote LAN with the help of remote-access VPNs. As if they were plugged into the LAN, remote workers can access secure resources on their company’s network. Site-to-site VPNs are used to extend your company’s network across multiple office locations by using the public internet.

Cloud VPN Market, By Organization Size

• Large Enterprises
• Small and Medium-Sized Enterprises

Based on Organization Size, the market is segmented into Large Enterprises and Small and Medium-Sized Enterprises. The market is divided into two categories based on the size of the companylarge companies and small and mid-sized businesses.

Cloud VPN Market, By Vertical

• Telecom and IT
• Government and Public Utilities
• Banking, Financial Services, and Insurance
• Healthcare
• Manufacturing
• Retail
• Others

Based on Vertical, the market is segmented into Telecom and IT, Government and Public Utilities, Banking, Financial Services, and Insurance, Healthcare, Manufacturing, Retail, and Others. The IT and telecommunications industry has the largest share of the Cloud VPN Market. The demand for cloud VPN solutions has grown as global IT spending on enterprise software and communication services has increased.

Furthermore, the increasing use of powerful devices such as phones, PCs, and other similar devices is necessitating the development of flexible VPN technology. The Cloud VPN Market is also being driven by advanced VPN technology with software-defined WAN (SD-WAN) features that provide sophisticated network intelligence and granular reporting. Furthermore, the increasing adoption of cloud services in a virtual adoption of cloud services in the virtual application is a major factor driving the Cloud VPN Market forward.

Cloud VPN Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

On the basis of Geography, the Global Cloud VPN Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. With a market share of more than, North America leads the Cloud VPN Market, followed by the Asia Pacific and Europe. The growing demand for analytics platforms, as well as the rise of machine-to-machine communication (M2M) in this region, has paved the way for cloud solutions.

Furthermore, the e-commerce industry’s expansion in Canada and the United States is fueling the demand for big data solutions, which is propelling the Cloud VPN Market in North America. As a result, the rise in e-commerce sales has increased the demand for cloud VPN technology to combat issues such as cybercrime, KRACK attacks, MitM attacks, and other threats. As a result of these factors, the Cloud VPN Market in North America will continue to grow.

Key Players

The “Global Cloud VPN Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Array Networks, Cisco Systems, Robustel, Huawei, Singtel, Microsoft Corporation, Cohesive Networks, Google Inc., Virtela, Oracle Inc., Contemporary Controls, and NCP Engineering.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Development

• In April 2019 – Google LLC announced the launch of a high-availability VPN and a 100-gigabit-per-second interconnect (beta). According to the company, it can connect on-premises deployments to GCP Virtual Private Cloud (VPC) with an industry-leading SLA of 99.99 percent service availability at general availability.
• In April 2019 – Cloudflare released 1.1.1.1 in conjunction with WARP, a mobile application for improving mobile internet performance and security beyond DNS. The company claims that if users enable Warp, all Internet traffic is secured and optimized, not just DNS queries, and this applies not only to the user’s web browser but to all apps running on their phone.

Report Scope

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