3 reasons VPN use is set to explode worldwide - and that might apply to you
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ZDNET's key takeaways
- The global VPN market is set to grow by 17.4% (CAGR) by 2030.
- Growth drivers include remote work, cloud tech, and data security.
- VPNs also protect against censorship and surveillance.
Analysts predict that the worldwide Virtual Private Network (VPN) market will grow at an astronomical rate over the next five years, with a changing work environment and security becoming key reasons for increased VPN adoption.
Also: These popular free VPNs all share the same shady security practices - here's why
According to a new report by Maximize Market Research, the global VPN market was valued at $48.7 billion in 2023, and this is expected to grow at a compound annual growth rate (CAGR) of 17.4% until 2030.
By the end of 2030, the market is projected to reach ...
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