Global Mobile Virtual Private Network (VPN) Market Analysis, Trends, and Forecasts 2018-2024


Posted June 23, 2019 by vynzresearch

The global mobile VPN market will reach USD 2.3 billion by 2024, growing with a CAGR of 17.9% during the forecast period.

 
The growth of mobile virtual private network market is attributed towards increasing emphasis of business organizations towards increasing demand for remote accessibility, accentuating cyber threats and increasing demand for protected wireless access to critical uses. An effective mobile VPN system provides assurance to its users pertaining to privacy and security of their data.

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Mobile VPN is extensively facilitating employees to work in an effective and efficient manner that helps them in utilizing various features in their work activities such as caller ID change and shortcode dialing to enhance their overall productivity.

The factors driving the growth of the mobile virtual private network market are an extensive requirement among various business organizations pertaining to remote accessibility and an excessive number of cases related to cyber threats.

North America has been contributing the largest revenue in the mobile VPN market throughout the estimated period since this region is witnessing the rampant adoption of mobile devices.

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Some of the key players operating in the mobile VPN market worldwide includes Smith Micro Software Inc., IBM Corporation, Columbitech, Radio IP Software Inc., Cisco Systems Inc., Anthasoft S.A. De C.V., Techstep Technology, Netmotion Software, Inc., and Check Point Software Technologies Limited.

Source: VynZ Research
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Tags ict media , market research , mobile virtual private network , mobile virtual private network market , mobile vpn market
Last Updated June 23, 2019