PORTLAND, Ore., January 12, 2021 / PRNewswire / – Allied Market Research recently released a report entitled “Virtual private network market by component (solution and services), type (remote access VPN, site-to-site VPN and others), deployment (cloud and on-premise) and end-user (commercial users and individual users): global opportunity analysis and industry forecast , 2020-2027, “according to the report, accounted for the global virtual private network industry $ 25.41 billion in 2019 and is expected to reach $ 75.59 billion by 2027 with a CAGR of 14.7% from 2020 to 2027.

Driver, Limitations and Opportunities

Growing data security concerns, the rise of advanced and complex cyber threats, and the increasing use of mobile and wireless devices within the company are driving the growth of the global virtual private network market. In addition, the increasing need for remote access complemented the market growth. However, a lack of know-how in virtualization hinders market growth. On…

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