Cybersecurity is the most important thing that you should look into while surfing over the internet. With the increasing rate of cybercrimes and the growing phishing attacks that keep on happening, VPN has become one of the most important assets that anyone can have.
We all know how a virtual private network helps us in hiding our own identity while surfing over the Internet.
They come along with numerous advantages which we have listed before. But what is interesting to note is the growing VPN market.
Understanding the VPN Market
The VPN market is expected to grow at a pace of more than 17% till the year 2027 reaching a valuation of more than $107 billion.
This enormous potential that VPN brings is one of the key factors why you should switch on to VPN if you haven’t switched on yet.
Moreover, what is important to note is the service that the VPN service providers provide.
The market share of the VPN industry is broadly divided by the type of consumers who are switching over to the VPN. Understanding the reason for their subscription to VPN service becomes quite important.
While more than 35% of people have shown they used VPN for personal reasons, BYOD has become a primary cause for organizations switching over to VPN as well.
There are multiple factors that drive the growth of the VPN market. Some of the factors include data security, data breach, privacy, and masking your identity while surfing.
Yet other key factors might also include the rise of work from home as the new mode of working.
How has it impacted the growth of VPN?
The pandemic has been a key player in the growth of the VPN industry. As people started to work from home, it resulted in the employees using their own personal internet connection, moving away from the safe House of the corporate world.
How did it impact the VPN growth?
The corporate, in order to protect their data and enhance security, moved on to implement VPN into the devices of their employees.
As a result, it established an accelerated growth for the VPN industry.
The main problem with the VPN industry Is a wide variety of options when you go forward to select one.
While selecting any VPN it is very important that you go through their product descriptions, product features as well as know your requirements pretty well before purchasing one.
You might not be pretty much aware of what your requirements are & whether the current VPN would be able to satisfy the same.
You can always seek the help of YouTube videos or comparative studies to find out which is the right VPN for your desktop.
While selecting the VPN, make sure that you go through their payment plans pretty carefully. If you are a new user, you might find numerous VPN deals to get your hands on.
While making a choice, look into the user interface the VPN provides and the additional services that they come along with.
The bottom line is pretty clear. The VPN market is growing and is booming at an accelerated pace. Get yourself covered because if your system is not protected, you might just be the first target of any cybercrime attack.