NEW YORK, October 5, 2016 /PRNewswire/ --
According to market research "Global Mobile Virtual Private Network (VPN) Products Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Industry Vertical (Telecommunication, Government, Healthcare, Utilities, Financial, Oil and Gas, Mining, Military, Other), by Distribution Channel (Web, Partners/Distributors, Direct Sales, VARS)" by P&S Market Research, the global mobile virtual private network (VPN) products market is expected to grow at a CAGR of 21.1% in terms of value during 2016-2022. Among the various industry verticals, the telecommunication segment held the largest share (26.6%) in the global mobile virtual private network (VPN) products market in terms of value in 2015.
The proliferation of internet has brought about a change in the businesses and it has become easy for the hackers to conduct fraud and theft. Consumers are increasingly looking for products to secure transactions carried out on the internet from outside the organization. The explosion of mobile and wireless devices within organizations is also driving the growth of the global mobile virtual private network products market.
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The need for remote accessibility is driving the demand for secure and continuous access to critical data. Organizations expect their employees to work from any location. The ability to access internet through enhanced wireless technologies has enabled the applications to be downloaded onto mobile devices. Employees are using more advanced applications than the originally proposed ones. As more applications are available for wireless or mobile devices, enterprises use them to increase efficiency and enhance productivity. However, the budget concern and need to support multiple operating systems are the major factors obstructing the growth of the global mobile virtual private network (VPN) products market. Windows laptops and personal digital assistants (PDAs) were the commonly used mobile devices of the past, but the recent mobile-device market explosion has resulted in an array of mobile devices. Employees are no longer limited to Windows devices, but are using Android, Blackberry, Mac, and iPhone, in order to connect with a business network, which has increased the need for mobile VPN products and services.
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Some of the major players operating in the global mobile virtual private network (VPN) products market include NetMotion Wireless, Radio IP Software Inc., Smith Micro Software Inc., Cisco Systems Inc. IBM Corp., Columbitech, Birdstep Technology, Check Point Software Technologies Ltd., Anthasoft, S.A. De C.V., and The GreenBow.
GLOBAL MOBILE VIRTUAL PRIVATE NETWORK (VPN) PRODUCTS MARKET MARKET SEGMENTATION
By Industry Vertical
- Oil and gas
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Rest of the World (RoW)
- Rest of RoW
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