The Latin America, Middle East and Africa Virtual Private Network Market would witness market growth of 19.6% CAGR during the forecast period (2023-2029).
The utilization of virtual private networks is increasing in popularity due to their ability to circumvent internet censorship. Therefore, limiting virtual private networks (VPNs) in certain countries has not harmed industry growth. On the contrary, it has brought significant awareness to VPN applications. It has been observed that countries with mandatory censorship policies tend to restrict access to specific news portals and websites while also implementing measures to monitor their citizens' online activity.
As a result, many citizens opt for a virtual private network as the most convenient solution. Implementing a virtual private network (VPN) ensures the encryption of all transmitted data, preventing government censorship of the connection. In addition, this allows users to gain access to previously blocked portals and websites.
According to reports from various companies, there has been a noticeable rise in demand for their service offerings. Interestingly, the measures taken to restrict their practices have not deterred users but sparked a growing interest in VPNs. The virtual private network market is strongly influenced by regulation and compliance in the information security industry.
The focus of businesses in Latin America has shifted from technology investments to the effective implementation of digital transformation initiatives as a means of expanding their operations. The current competitive landscape creates numerous opportunities for Information Technology (IT) and cloud sourcing. As a result, it can be observed that cloud service providers are diversifying their portfolio of cloud-based offerings. The growing usage of the cloud has led to a significant rise in the demand for VPN services by individuals and companies alike. The growth of the regional virtual private network market can be attributed to the aforementioned factors.
The Brazil market dominated the LAMEA Virtual Private Network Market by Country in 2022; thereby, achieving a market value of $2,127.7 million by 2029. The Argentina market is experiencing a CAGR of 20.2% during (2023 - 2029). Additionally, The UAE market would exhibit a CAGR of 19.2% during (2023 - 2029).
Based on Offering, the market is segmented into Solution and Services. Based on Deployment Mode, the market is segmented into Cloud and On-premise. Based on End User, the market is segmented into Commercial Users and Individual Users. Based on Type, the market is segmented into Remote Access VPN, Site-to-Site VPN, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Virtual Private Network Market is Projected to reach USD 101.3 Billion by 2029, at a CAGR of 15.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Cisco Systems, Inc., Juniper Networks, Inc., Check Point Software Technologies Ltd., Absolute Software Corporation (NetMotion Software), Gen Digital, Inc., Nord Security, Radio IP Software and Golden Frog, GmbH.
Scope of the Study
Market Segments Covered in the Report:
By Offering
By Deployment Mode
By End User
- Commercial Users
- Individual Users
By Type
- Remote Access VPN
- Site-to-Site VPN
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Microsoft Corporation
- Cisco Systems, Inc.
- Juniper Networks, Inc.
- Check Point Software Technologies Ltd.
- Absolute Software Corporation (NetMotion Software)
- Gen Digital, Inc.
- Nord Security
- Radio IP Software
- Golden Frog, GmbH
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Virtual Private Network Market, by Offering
1.4.2 LAMEA Virtual Private Network Market, by Deployment Mode
1.4.3 LAMEA Virtual Private Network Market, by End User
1.4.4 LAMEA Virtual Private Network Market, by Type
1.4.5 LAMEA Virtual Private Network Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Mergers & Acquisition: 2019, Jul – 2022, Sep) Leading Players
Chapter 4. LAMEA Virtual Private Network Market by Offering
4.1 LAMEA Solution Market by Country
4.2 LAMEA Services Market by Country
Chapter 5. LAMEA Virtual Private Network Market by Deployment Mode
5.1 LAMEA Cloud Market by Country
5.2 LAMEA On-premise Market by Country
Chapter 6. LAMEA Virtual Private Network Market by End User
6.1 LAMEA Commercial Users Market by Country
6.2 LAMEA Individual Users Market by Country
Chapter 7. LAMEA Virtual Private Network Market by Type
7.1 LAMEA Remote Access VPN Market by Country
7.2 LAMEA Site-to-Site VPN Market by Country
7.3 LAMEA Others Market by Country
Chapter 8. LAMEA Virtual Private Network Market by Country
8.1 Brazil Virtual Private Network Market
8.1.1 Brazil Virtual Private Network Market by Offering
8.1.2 Brazil Virtual Private Network Market by Deployment Mode
8.1.3 Brazil Virtual Private Network Market by End User
8.1.4 Brazil Virtual Private Network Market by Type
8.2 Argentina Virtual Private Network Market
8.2.1 Argentina Virtual Private Network Market by Offering
8.2.2 Argentina Virtual Private Network Market by Deployment Mode
8.2.3 Argentina Virtual Private Network Market by End User
8.2.4 Argentina Virtual Private Network Market by Type
8.3 UAE Virtual Private Network Market
8.3.1 UAE Virtual Private Network Market by Offering
8.3.2 UAE Virtual Private Network Market by Deployment Mode
8.3.3 UAE Virtual Private Network Market by End User
8.3.4 UAE Virtual Private Network Market by Type
8.4 Saudi Arabia Virtual Private Network Market
8.4.1 Saudi Arabia Virtual Private Network Market by Offering
8.4.2 Saudi Arabia Virtual Private Network Market by Deployment Mode
8.4.3 Saudi Arabia Virtual Private Network Market by End User
8.4.4 Saudi Arabia Virtual Private Network Market by Type
8.5 South Africa Virtual Private Network Market
8.5.1 South Africa Virtual Private Network Market by Offering
8.5.2 South Africa Virtual Private Network Market by Deployment Mode
8.5.3 South Africa Virtual Private Network Market by End User
8.5.4 South Africa Virtual Private Network Market by Type
8.6 Nigeria Virtual Private Network Market
8.6.1 Nigeria Virtual Private Network Market by Offering
8.6.2 Nigeria Virtual Private Network Market by Deployment Mode
8.6.3 Nigeria Virtual Private Network Market by End User
8.6.4 Nigeria Virtual Private Network Market by Type
8.7 Rest of LAMEA Virtual Private Network Market
8.7.1 Rest of LAMEA Virtual Private Network Market by Offering
8.7.2 Rest of LAMEA Virtual Private Network Market by Deployment Mode
8.7.3 Rest of LAMEA Virtual Private Network Market by End User
8.7.4 Rest of LAMEA Virtual Private Network Market by Type
Chapter 9. Company Profiles
9.1 IBM Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional & Segmental Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.5.3 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Microsoft Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Cisco Systems, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Juniper Networks, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.4.5.3 Acquisition and Mergers:
9.5 Check Point Software Technologies Ltd.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.5.2 Acquisition and Mergers:
9.6 Absolute Software Corporation (NetMotion Software)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Acquisition and Mergers:
9.7 Gen Digital, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Acquisition and Mergers:
9.8 Nord Security
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Acquisitions and Mergers:
9.9 Radio IP Software
9.9.1 Company Overview
9.10. Golden Frog, GmbH
9.10.1 Company Overview
TABLE 1 LAMEA Virtual Private Network Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Virtual Private Network Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Virtual Private Network Market
TABLE 4 Product Launches And Product Expansions– Virtual Private Network Market
TABLE 5 Acquisition and Mergers– Virtual Private Network Market
TABLE 6 LAMEA Virtual Private Network Market by Offering, 2019 - 2022, USD Million
TABLE 7 LAMEA Virtual Private Network Market by Offering, 2023 - 2029, USD Million
TABLE 8 LAMEA Solution Market by Country, 2019 - 2022, USD Million
TABLE 9 LAMEA Solution Market by Country, 2023 - 2029, USD Million
TABLE 10 LAMEA Services Market by Country, 2019 - 2022, USD Million
TABLE 11 LAMEA Services Market by Country, 2023 - 2029, USD Million
TABLE 12 LAMEA Virtual Private Network Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 13 LAMEA Virtual Private Network Market by Deployment Mode, 2023 - 2029, USD Million
TABLE 14 LAMEA Cloud Market by Country, 2019 - 2022, USD Million
TABLE 15 LAMEA Cloud Market by Country, 2023 - 2029, USD Million
TABLE 16 LAMEA On-premise Market by Country, 2019 - 2022, USD Million
TABLE 17 LAMEA On-premise Market by Country, 2023 - 2029, USD Million
TABLE 18 LAMEA Virtual Private Network Market by End User, 2019 - 2022, USD Million
TABLE 19 LAMEA Virtual Private Network Market by End User, 2023 - 2029, USD Million
TABLE 20 LAMEA Commercial Users Market by Country, 2019 - 2022, USD Million
TABLE 21 LAMEA Commercial Users Market by Country, 2023 - 2029, USD Million
TABLE 22 LAMEA Individual Users Market by Country, 2019 - 2022, USD Million
TABLE 23 LAMEA Individual Users Market by Country, 2023 - 2029, USD Million
TABLE 24 LAMEA Virtual Private Network Market by Type, 2019 - 2022, USD Million
TABLE 25 LAMEA Virtual Private Network Market by Type, 2023 - 2029, USD Million
TABLE 26 LAMEA Remote Access VPN Market by Country, 2019 - 2022, USD Million
TABLE 27 LAMEA Remote Access VPN Market by Country, 2023 - 2029, USD Million
TABLE 28 LAMEA Site-to-Site VPN Market by Country, 2019 - 2022, USD Million
TABLE 29 LAMEA Site-to-Site VPN Market by Country, 2023 - 2029, USD Million
TABLE 30 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 31 LAMEA Others Market by Country, 2023 - 2029, USD Million
TABLE 32 LAMEA Virtual Private Network Market by Country, 2019 - 2022, USD Million
TABLE 33 LAMEA Virtual Private Network Market by Country, 2023 - 2029, USD Million
TABLE 34 Brazil Virtual Private Network Market, 2019 - 2022, USD Million
TABLE 35 Brazil Virtual Private Network Market, 2023 - 2029, USD Million
TABLE 36 Brazil Virtual Private Network Market by Offering, 2019 - 2022, USD Million
TABLE 37 Brazil Virtual Private Network Market by Offering, 2023 - 2029, USD Million
TABLE 38 Brazil Virtual Private Network Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 39 Brazil Virtual Private Network Market by Deployment Mode, 2023 - 2029, USD Million
TABLE 40 Brazil Virtual Private Network Market by End User, 2019 - 2022, USD Million
TABLE 41 Brazil Virtual Private Network Market by End User, 2023 - 2029, USD Million
TABLE 42 Brazil Virtual Private Network Market by Type, 2019 - 2022, USD Million
TABLE 43 Brazil Virtual Private Network Market by Type, 2023 - 2029, USD Million
TABLE 44 Argentina Virtual Private Network Market, 2019 - 2022, USD Million
TABLE 45 Argentina Virtual Private Network Market, 2023 - 2029, USD Million
TABLE 46 Argentina Virtual Private Network Market by Offering, 2019 - 2022, USD Million
TABLE 47 Argentina Virtual Private Network Market by Offering, 2023 - 2029, USD Million
TABLE 48 Argentina Virtual Private Network Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 49 Argentina Virtual Private Network Market by Deployment Mode, 2023 - 2029, USD Million
TABLE 50 Argentina Virtual Private Network Market by End User, 2019 - 2022, USD Million
TABLE 51 Argentina Virtual Private Network Market by End User, 2023 - 2029, USD Million
TABLE 52 Argentina Virtual Private Network Market by Type, 2019 - 2022, USD Million
TABLE 53 Argentina Virtual Private Network Market by Type, 2023 - 2029, USD Million
TABLE 54 UAE Virtual Private Network Market, 2019 - 2022, USD Million
TABLE 55 UAE Virtual Private Network Market, 2023 - 2029, USD Million
TABLE 56 UAE Virtual Private Network Market by Offering, 2019 - 2022, USD Million
TABLE 57 UAE Virtual Private Network Market by Offering, 2023 - 2029, USD Million
TABLE 58 UAE Virtual Private Network Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 59 UAE Virtual Private Network Market by Deployment Mode, 2023 - 2029, USD Million
TABLE 60 UAE Virtual Private Network Market by End User, 2019 - 2022, USD Million
TABLE 61 UAE Virtual Private Network Market by End User, 2023 - 2029, USD Million
TABLE 62 UAE Virtual Private Network Market by Type, 2019 - 2022, USD Million
TABLE 63 UAE Virtual Private Network Market by Type, 2023 - 2029, USD Million
TABLE 64 Saudi Arabia Virtual Private Network Market, 2019 - 2022, USD Million
TABLE 65 Saudi Arabia Virtual Private Network Market, 2023 - 2029, USD Million
TABLE 66 Saudi Arabia Virtual Private Network Market by Offering, 2019 - 2022, USD Million
TABLE 67 Saudi Arabia Virtual Private Network Market by Offering, 2023 - 2029, USD Million
TABLE 68 Saudi Arabia Virtual Private Network Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 69 Saudi Arabia Virtual Private Network Market by Deployment Mode, 2023 - 2029, USD Million
TABLE 70 Saudi Arabia Virtual Private Network Market by End User, 2019 - 2022, USD Million
TABLE 71 Saudi Arabia Virtual Private Network Market by End User, 2023 - 2029, USD Million
TABLE 72 Saudi Arabia Virtual Private Network Market by Type, 2019 - 2022, USD Million
TABLE 73 Saudi Arabia Virtual Private Network Market by Type, 2023 - 2029, USD Million
TABLE 74 South Africa Virtual Private Network Market, 2019 - 2022, USD Million
TABLE 75 South Africa Virtual Private Network Market, 2023 - 2029, USD Million
TABLE 76 South Africa Virtual Private Network Market by Offering, 2019 - 2022, USD Million
TABLE 77 South Africa Virtual Private Network Market by Offering, 2023 - 2029, USD Million
TABLE 78 South Africa Virtual Private Network Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 79 South Africa Virtual Private Network Market by Deployment Mode, 2023 - 2029, USD Million
TABLE 80 South Africa Virtual Private Network Market by End User, 2019 - 2022, USD Million
TABLE 81 South Africa Virtual Private Network Market by End User, 2023 - 2029, USD Million
TABLE 82 South Africa Virtual Private Network Market by Type, 2019 - 2022, USD Million
TABLE 83 South Africa Virtual Private Network Market by Type, 2023 - 2029, USD Million
TABLE 84 Nigeria Virtual Private Network Market, 2019 - 2022, USD Million
TABLE 85 Nigeria Virtual Private Network Market, 2023 - 2029, USD Million
TABLE 86 Nigeria Virtual Private Network Market by Offering, 2019 - 2022, USD Million
TABLE 87 Nigeria Virtual Private Network Market by Offering, 2023 - 2029, USD Million
TABLE 88 Nigeria Virtual Private Network Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 89 Nigeria Virtual Private Network Market by Deployment Mode, 2023 - 2029, USD Million
TABLE 90 Nigeria Virtual Private Network Market by End User, 2019 - 2022, USD Million
TABLE 91 Nigeria Virtual Private Network Market by End User, 2023 - 2029, USD Million
TABLE 92 Nigeria Virtual Private Network Market by Type, 2019 - 2022, USD Million
TABLE 93 Nigeria Virtual Private Network Market by Type, 2023 - 2029, USD Million
TABLE 94 Rest of LAMEA Virtual Private Network Market, 2019 - 2022, USD Million
TABLE 95 Rest of LAMEA Virtual Private Network Market, 2023 - 2029, USD Million
TABLE 96 Rest of LAMEA Virtual Private Network Market by Offering, 2019 - 2022, USD Million
TABLE 97 Rest of LAMEA Virtual Private Network Market by Offering, 2023 - 2029, USD Million
TABLE 98 Rest of LAMEA Virtual Private Network Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 99 Rest of LAMEA Virtual Private Network Market by Deployment Mode, 2023 - 2029, USD Million
TABLE 100 Rest of LAMEA Virtual Private Network Market by End User, 2019 - 2022, USD Million
TABLE 101 Rest of LAMEA Virtual Private Network Market by End User, 2023 - 2029, USD Million
TABLE 102 Rest of LAMEA Virtual Private Network Market by Type, 2019 - 2022, USD Million
TABLE 103 Rest of LAMEA Virtual Private Network Market by Type, 2023 - 2029, USD Million
TABLE 104 Key information – IBM Corporation
TABLE 105 key information – Microsoft Corporation
TABLE 106 Key Information – Cisco Systems, Inc.
TABLE 107 Key Information – Juniper Networks, Inc.
TABLE 108 Key Information – Check Point Software Technologies Ltd.
TABLE 109 Key Information – Absolute Software Corporation
TABLE 110 Key Information – Gen Digital, Inc.
TABLE 111 Key Information – Nord Security
TABLE 112 Key Information – Radio IP Software
TABLE 113 Key Information – Golden Frog, GmbH
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Mergers & Acquisition: 2019, Jul – 2022, sep) Leading Players
FIG 5 Recent strategies and developments: IBM Corporation
FIG 6 Swot analysis: IBM Corporation
FIG 7 Recent strategies and developments: Microsoft Corporation
FIG 8 SWOT Analysis: Microsoft Corporation
FIG 9 SWOT Analysis: Cisco Systems, Inc.
FIG 10 Recent strategies and developments: Juniper Networks, Inc.
FIG 11 Recent strategies and developments: Check Point Software Technologies Ltd.