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Home›Business›Global Trends in VPN Technology Industry

Global Trends in VPN Technology Industry

By Eddy
October 16, 2019
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All the details about the VPN latest market insights are given by the Global Virtual Private Network (VPN). It is completely wrapping all the significant factors related to the Virtual Private Network. These all details can come across to be microscopic as well as macroscopic as well by taking into account the entire overview within the market. It often considers the modern tactics as well as marketing disputes and main growth factors of the VPN. The report on the global trends of the VPN is based upon providing maximum details related to the business opportunities. It can often be about the future scope or product launch as well as growth enhancers.

Since the year 2013, there have been around 25% users of global internet who have used the access to web using VPN technology every single month! In simple, almost half of the population who has been using the web all over the world thoroughly knows the fact that the ISPs do not offer the best services of the internet. Therefore, maximum users are making their way to the VPN services for getting most of it.

It would not be at all wrong to say that with time, the market of VPN has been extensively growing and is being used by people all over the world. Here we are listing down the updated statistics of the VPN users around the globe:

  • The total number of VPN users has, for sure, increased in the last few couples of years. In the year 2017, this figure was around 185% in comparison with 2016. From the year 2017 till the year 2018, this number increased to about 165%.
  • In the year 2016, the entire global market of the VPN was around $15.46 billion. By the end of the same year, it reaches t around $18 billion.
  • In the year 2018, this figure rise even more and hence it reaches the limit of around $20.60 billion.

What is The Future of VPN Industry?

According to the estimation of the previous few years, it is being expected that in the coming years, the growth of the VPN market will increase massively. In 2019, VPN global market has expected to grow at around $23.60 billion worth. In the year 2020, this growth rate will reach to the level of approximately $27.10 billion. In 2021, the growth rate is expected to grow nearly $30 billion. In 2022, the VPN market is expected to make a considerable growth of around $35.73 billion.

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