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Download Free sampleThe global VPN Software market was valued at 1029.73 Million USD in 2021 and will grow with a CAGR of 17.64% from 2021 to 2027.
The prime objective of VPN Software Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, VPN Software Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A virtual private network (VPN) extends a private network across a public network, and enables users to send and receive data across shared or public networks as if their computing devices were directly connected to the private network. ("In the simplest terms, it creates a secure, encrypted connection, which can be thought of as a tunnel, between your computer and a server operated by the VPN service.") Applications running across the VPN may therefore benefit from the functionality, security, and management of the private network.In the cloud VPN connectivity type, the remote access cloud VPN is expected to hold the largest market share during the forecast period. This is due to the high adoption rate of mobile devices and Bring Your Own Device (BYOD) trends among organizations. In the organization size segmentation, the SMEs segment is expected to grow at a higher CAGR, due to the large-scale adoption of cloud VPN solutions and cost effectiveness and centralized management capabilities during the forecast period
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