Managed VPN Market to Rise at CAGR of 19.2% to Reach USD 143.12 Billion by 2034
Managed VPN Market to Rise at CAGR of 19.2% to Reach USD 143.12 Billion by 2034
Published by Wanda Rich
Posted on April 7, 2025

Published by Wanda Rich
Posted on April 7, 2025

Managed VPNs Gaining Attention across Businesses in Several Industries to Protect Sensitive Data and Communication Routes: Fact.MR Report
According to the latest industry research report published by Fact.MR, a market research and competitive intelligence provider, the worldwide managed VPN market is estimated to achieve a valuation of US$ 24.61 billion in 2024 and further increase at a notable CAGR of 19.2% from 2024 to 2034.
Due to the rising advanced cyberattacks and computer hacking, businesses across several industries are focusing on safeguarding critical data and ensuring that communication channels are secure. Because managed VPNs provide strong encryption and secure access protocols, they are an essential component of this defense approach. By blocking unauthorized access to networks and data, these solutions provide businesses with an assurance that data is secure while it is in transmission mode.
Managed VPNs are a crucial component of contemporary cybersecurity frameworks because, by contracting with specialized vendors to handle VPN maintenance, businesses leverage advanced security features without requiring a sizable internal staff.
North America holds a leading position in the market because of its established IT infrastructure, early adoption of cybersecurity solutions, and widespread remote work culture. The requirement for managed VPN services in this area is also growing due to stringent data protection regulations that apply to global operations, such as the CCPA and GDPR.
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Key Takeaways from the Market Study:
“To reach a larger customer base, major competitors in the managed VPN industry are adding features, such as cloud security, multi-factor authentication, improved encryption, and network monitoring to their packages,” says a Fact.MR analyst
Leading Players Driving Innovation in the Managed VPN Market:
ExpressVPN, OpenVPN, Perimeter 81, SonicWall, Cisco, Fortinet, VMware, Zscaler, Barracuda Networks, Palo Alto Networks, MikroTik, NordVPN, Citrix.
Demand for Site-to-Site VPNs Continued to be Stronger than Other Type
Demand for site-to-site VPNs is high in comparison with remote access VPNs due to their capacity to establish secure connections with several distant office locations or data centers via the Internet. For several companies with operations all over the world, this is a profitable aspect. Site-to-site virtual private networks (VPNs) enable companies to create secure communication channels between several physical locations, guaranteeing data transfer across large geographic regions.
Large multinational firms widely employ these capabilities because they provide scalable and affordable leased line options. In addition, the popularity of remote work is constant, which is further the driving need for site-to-site VPNs.
Managed VPN Market News:
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More Valuable Insightson Offer:
Fact.MR, in its new offering, presents an unbiased analysis of the managed VPN market, presenting historical demand data (2019 to 2023) and forecast statistics for 2024 to 2034.
The study divulges essential insights into the market based on type (remote access VPNs, site-to-site VPNs) and end user (service providers, enterprises {BFSI, healthcare, IT & ITES, energy & power, media & entertainment, transportation & logistics, manufacturing}), across seven major regions of the world (North America, Western Europe, Eastern Europe, East Asia, Latin America, South Asia & Pacific, and MEA).
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