Global Site-to-Site VPN Market Size, Share and Forecast 2028


 

Global site-to-Site VPN market was valued at USD 9.17 billion in 2021, and the market size is projected to grow to USD 27.43 billion by 2028, at a CAGR of 16.95 % over the forecast period (2022–2028).

A virtual private network (VPN) that connects two or more networks, such as a corporate network and a branch office network is known as a site-to-site VPN. As an alternative to deploying private MPLS circuits, several firms utilize site-to-site VPNs to use an internet connection for private traffic.

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The main factor that is driving the site-to-site VPN market growth is the need for increased security. With so many companies working remotely, there is a greater need to protect data from being accessed by unauthorized people. Site-to-site VPNs provide an extra layer of security by encrypting data that is sent between two locations. This makes it much more difficult for someone to intercept and read the data. Another factor that is contributing to the demand for site-to-site VPNs is the increasing use of cloud services. When data is stored in the cloud, it is accessible from anywhere in the world. This makes it even more important to have a secure connection when accessing sensitive data.

Top Players in Site-to-Site VPN Market

  • Microsoft Corporation (US)
  • Google (US)
  • Huawei Technologies (China)
  • Robustel (China)
  • Contemporary Controls (US)
  • Singtel (Singapore)
  • CenturyLink (US)

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Recent Developments in Site-to-Site VPN Market

  • In June 2022, After ExpressVPN, Surfshark shuts Down VPN Servers in India Over government's order. Surfshark, a virtual private network (VPN) provider, shut down its servers in India in response to a government mandate requiring VPN service providers to record and store user logs for 180 days and collect and store customer data for five years.
  • In May 2022, Opera introduced the 'VPN Pro' service for its browser app. As a result, Opera is the only major browser that offers both a no-log, limitless Free VPN for the browser and a device-wide VPN Pro solution, giving extra data protection and robust online security.
  • In May 2022, IBM and MBZUAI collaborated with Advance AI Research with New Centre of Excellence.

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SkyQuest Technology Group is a Global Market Intelligence, Innovation Management & Commercialization organization that connects innovation to new markets, networks & collaborators for achieving Sustainable Development Goals.

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1.       Global Hard Seltzer Market

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