Cloud Virtual Private Network (VPN) Market Revenue Trends, Company Profiles, Revenue Share Analysis, 2028
Market Size – USD 3.36 Billion in 2020, Market Growth - CAGR of 22.0% between 2019 and 2026, Market Trends – Increasing inclination towards virtualization and demand for cloud-based solutions and services The Global Cloud Virtual Private Network (VPN) market is expected to grow from USD 3.36 Billion in 2020 to USD 16.46 Billion by 2028, at a CAGR of 22.0% from 2019 to 2026. The rising adoption of it is seen through an increase in demand for technologies or virtual appliances networking, application delivery, and security products and services. The rise in the demand for secure remote access and increased acceptance of private clouds are blessing all the stakeholders in the market. However, the scantiness of governance and standardization, concerns over data security and protection issues are restraining factors that may hamper business critical functions in the market. Major players in the Cloud VPN market are Array Networks (US), Cisco Systems (US), Huawei (China), Microsoft (