NEW YORK, December 6, 2021 / PRNewswire / – The virtual private network (VPN) market is fragmented. Vendors use various inorganic and organic growth strategies to compete in the marketplace. The market size is expected to increase $ 33.95 billion from 2021 to 2026. However, the market growth momentum will slow down at a CAGR of 15.54%. Technavio provides a thorough analysis of the current global market scenario and the overall market environment.
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VPN market: drivers
the increasing acceptance of BYOD guidelines in companies is driving the demand for VPN solutions which is driving the growth of the market. Companies implement BYOD policies to save hardware and telecommunications costs. However, companies implement security standards to control applications and content on mobile devices. So VPN …