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Virtual Private Network (VPN) Software Market Rising Cybersecurity Concerns Propel the Growth of 2028 www.reportsanddata.comban site
The global Virtual Private Network (VPN) Software Market size is expected to reach USD 111.05 Billion in 2028 and register a CAGR of 17.6% over the forecast period, according to the latest report by Reports and Data. Key factors such as increasing adoption of work from home trend, rapid advancements in network infrastructure, and rising demand for cloud-based VPN in the IT sector are driving market revenue growth. Extranet Virtual Private Network is a secured communication network between a user and a computer or connected device. This encrypted connection is typically known as a VPN tunnel.
The increasing adoption of the work from home trend and rapid advancements in network infrastructure are some of the key drivers of the VPN market. The rising demand for cloud-based VPNs in the IT sector is also contributing to the growth of the market.
The IT & telecommunication sector is a major user of VPNs, and the ongoing developments in this industry are driving the revenue growth of this segment. North America is the largest market for VPNs, and the United States and Canada are major revenue contributors. The increasing application of VPNs in IT, BFSI, and healthcare sectors, along with the rising incidence of cyberattacks and adoption of cloud infrastructure, are some of the key factors driving the revenue growth of the market in this region.
category tech
posted by jhontanison 1 year ago
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