How big is the Cloud VPN Market?

The Cloud VPN Market size is expected to reach USD 9.46 billion in 2024 and grow at a CAGR of 23.40% to reach USD 27.08 billion by 2029. Read More

What is the current Cloud VPN Market size?

In 2024, the Cloud VPN Market size is expected to reach USD 9.46 billion. Read More

Who are the key players in Cloud VPN Market?

Cisco Systems, Inc, Microsoft Corporation, Huawei Technologies Co., Ltd., Google LLC and Array Networks, Inc. are the major companies operating in the Cloud VPN Market. Read More

Which is the fastest growing region in Cloud VPN Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Cloud VPN Market?

In 2024, the North America accounts for the largest market share in Cloud VPN Market. Read More

What years does this Cloud VPN Market cover, and what was the market size in 2023?

In 2023, the Cloud VPN Market size was estimated at USD 7.25 billion. The report covers the Cloud VPN Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Cloud VPN Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Cloud VPN Market Share

Statistics for the 2023 & 2024 Cloud VPN market share, created by Mordor Intelligence™ Industry Reports. Cloud VPN share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Cloud VPN Industry

The cloud VPN market is inclined towards fragmentation, with several firms selling services and software to practically every end-user industry. In addition, new firms are entering the industry due to cloud usage and low entry barriers. The companies are pursuing acquisition tactics to increase their market share in the cloud VPN industry.

In March 2023, Google Inc. announced the launch of a virtual private network (VPN) service to all Google One subscribers to strengthen its security and privacy offering. Additionally, Google's VPN service will be available to all subscribers, including those on basic plans, across all platforms, such as Android, iOS, Windows, and MacOS.

In August 2022, Microsoft is upgrading the security and privacy of its Edge browser by integrating a free built-in virtual private network service, according to a Microsoft support page. By allowing users to browse the web using a virtual IP address, the new function also will enable them to conceal their location.