Wireless Router for VPN Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 To 2029

Increasing VPN Market to Boost the Growth of Wireless Router for VPN Market

The wireless router for VPN market worldwide is expected to grow with a CAGR of 12.6% during the forecast period from 2021 to 2029. VPN market worldwide is witnessing tremendous growth since the past few years with growth rate of more than 10% every year. Growing cyber-attacks worldwide is driving the growth for VPN market, which in turn is helping the wireless router for VPN market to grow. Rising internet penetration and for the protection of valuable data organizations as well as consumers are using VPN security. On account of all these factors, we are expecting the wireless router for VPN market to grow with a rapid pace during the forecast period.

Commercial Use Segment Continue to Grow Throughout the Forecast Period

The wireless router for VPN market by application was segmented into personal use and commercial use segments. In 2020, the commercial use segment is the largest having more than 60% of the market revenue. High use of Virtual Private Network (VPN) in banking and financial services industry for security measures the commercial segment is growing with a rapid pace. Due to all these factors, we are expecting the commercial use segment to grow rapidly during the forecast period. On the other hand, the personal use segment is also growing due to use of internet services through public networks.

North America to Continue Leading the Market

Wireless router for VPN market is led by North America. In 2020, the regional market accounted for more than 30% of the total revenue generated worldwide. Early adoption of technology and rising cyber-attacks in North America are the major growth drivers for wireless router for VPN market. However, Asia Pacific is set to register the fastest growth in the market during the forecast period. Rising digital mobility solutions and growing internet proliferation are the major market drivers for the region. Increasing digitization in the developing economies of Asia Pacific such as India and China is the other growth driver for wireless router for VPN market.

Some of the prominent players operating in the wireless router for VPN market TP-Link, D-Link Systems, Huawei Technologies , Shenzhen Tenda Technology , Belkin International, NETGEAR, Edimax Technology , AsusTek Computer , Ubiquiti Network, Zyxel Communications, Buffalo Americas , DoEnter among others.

Historical & Forecast Period

This research report presents the analysis of each segment from 2019 to 2029 considering 2020 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2021 to 2029.

Key questions answered in this report

• What was the market size of wireless router for VPN in 2020 and forecast up to 2029?
• Which is the largest regional market for wireless router for VPN?
• What are the major trends followed in overall wireless router for VPN across different regions?
• Who are the key wireless router for VPN companies leading the market?
• What are the key strategies adopted by the leading wireless router for VPN companies in market?

Unique data points of this report

• Statistics on VPN market worldwide
• Recent trends across different regions in terms of adoption of wireless router for VPN across various applications
• Notable developments going on in wireless router for VPN
• Attractive investment proposition for segments as well as geography
• Comparative scenario for all the segments for years 2020 (actual) and 2029 (forecast)

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