Global Virtual Private Network (VPN) Market Size 2022-27: Trends, Growth Analysis and Forecast

According to the latest report by IMARC Group, titled " Global Virtual Private Network (VPN) Market Size, Trends, Share, Industry Growth, Opportunity and Forecast 2022-2027 ", t he global virtual private network market reached a value of US$ 31.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 77.8 Billion by 2027, exhibiting a CAGR of 15.60% during 2022-2027. A virtual private network (VPN) refers to an encrypted connection over the internet that ensures the safe transmission of sensitive data. It utilizes tunneling protocols to maintain privacy and offer secure communication between several group members using public telecommunication infrastructure. It provides enhanced security and privacy by masking the internet protocol (IP) address of the users to make their online actions virtually untraceable. It also prevents unauthorized individuals from eavesdropping on the traffic, allowing the users to conduct work remotely. As a result...