Middle East & Africa Virtual Private Network Market Size & Outlook
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MEA virtual private network market highlights
- The MEA virtual private network market generated a revenue of USD 1,620.7 million in 2020.
- The market is expected to grow at a CAGR of 18.7% from 2021 to 2027.
- In terms of segment, solution was the largest revenue generating component in 2020.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2020 | USD 1,620.7 million |
| Market revenue in 2027 | USD 5,370.9 million |
| Growth rate | 18.7% (CAGR from 2020 to 2027) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
| Key market players worldwide | Gen Digital Inc, BlackBerry Ltd, Cisco Systems Inc, Kape Technologies, Alphabet Inc Class A, International Business Machines Corp, Crosspoint Capital Partners, Opera Ltd ADR |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.4% of the global virtual private network market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 25,187.4 million by 2027.
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Virtual Private Network Market Scope
Virtual Private Network Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Opera Ltd ADR | View profile | 657 | Vitaminveien 4, Oslo, Norway, 0485 | https://www.opera.com |
| Crosspoint Capital Partners | View profile | 11-50 | Menlo Park, California, United States, North America | https://www.crosspointcapital.com |
| Kape Technologies | View profile | 101-250 | London, England, United Kingdom, Europe | http://www.kape.com |
| BlackBerry Ltd | View profile | 6200 | 2200 University Avenue East, Waterloo, ON, Canada, N2K 0A7 | https://www.blackberry.com |
| Gen Digital Inc | View profile | 3400 | 60 E. Rio Salado Parkway, Suite 1000, Tempe, AZ, United States, 85281 | https://www.gendigital.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
Middle East & Africa virtual private network market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to virtual private network market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 65.01% in 2020. Horizon Databook has segmented the Middle East & Africa virtual private network market based on solution, services covering the revenue growth of each sub-segment from 2016 to 2027.
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Our clientele includes a mix of virtual private network market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa virtual private network market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa virtual private network market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Virtual Private Network Market Share, 2020 & 2027 (US$M)
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