United Kingdom Virtual Private Network Market Insights Forecasts to 2033

• The U.K. Virtual Private Network Market Size was valued at USD 3,012.7 Million in 2023.
• The Market Size is Growing at a CAGR of 16.11% from 2023 to 2033
• The UK Virtual Private Network Market Size is Expected to Reach USD 13412.2 Million by 2033

The U.K. Virtual Private Network Market Size is Anticipated to Reach USD 13412.2 Million by 2033, Growing at a CAGR of 16.11% from 2023 to 2033.

Market Overview

A virtual private network, or VPN, enables a user to safely and discreetly connect to a hidden network on the internet. One technological advancement that improves a user's online safety and privacy is a virtual private network. It creates a VPN tunnel that is used to route all communications and Internet traffic. A VPN can make it safer to travel, use public Wi-Fi, communicate critical information, and even browse Netflix's entertainment options. By hiding the IP address of the user's device, encrypting the data, and sending it over secure networks to servers in far-off states or even other countries, VPN software protects the user's data. Additionally, the demand for virtual private networks in the UK is anticipated to be driven throughout the projected period by the notable increase in cyberattacks and the growing need for cloud-based security solutions. Effective data management and safe connection between multiple business units are top priorities for companies of all sizes operating in a variety of sectors and industry verticals.

Report Coverage

This research report categorizes the market for the UK virtual private network market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom virtual private network market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the U.K. virtual private network market.

Driving Factors

The UK's VPN industry has grown remarkably, which is indicative of the nation's increased emphasis on digital privacy and security in the face of growing cyberthreats and surveillance worries. At first, businesses in the UK mostly employed VPNs to safeguard sensitive data and secure internal conversations. Additionally, the primary justification given by the majority of British VPN users is improved online privacy. The need to shield personal information from prying eyes, such as ISPs, advertising, and government surveillance, is reflected in the UK's growing concern over online privacy. The growing concern among British users regarding online privacy and data protection is one of the factors propelling the UK VPN market. Approximately 44% of people in the UK claimed they had used a VPN for work or personal purposes. In the UK, a startlingly high number of people utilize VPNs. Over time, the number has been rising. Additionally, the implementation of the Investigatory Powers Act and the growth of internet filtering in the UK have been important contributors to this surge. The demand for VPN services has been fueled by the UK's rising use of VPNs and increased awareness of digital privacy rights.

Restraining Factors

The lack of awareness among individuals about technology and VPNs is one of the main causes of the decline. Furthermore, the prognosis for virtual private networks may indicate a fall because of the incapacity of authorities, the lack of data standardization, and serious security and protection issues.

Market Segmentation

The UK virtual private network market share is classified into component and type.

• The software segment is expected to hold the greatest market share through the forecast period.    

The U.K. virtual private network market is segmented by component into hardware, software, and services. Among these, the software segment is expected to hold the greatest market share through the forecast period. VPN software is accessible to a broad spectrum of users across several platforms, including desktop and mobile devices, due to its ease of deployment and use.

• The remote access segment is anticipated to hold a significant share of the United Kingdom virtual private network market during the forecast period.       

Based on the type, the UK virtual private network market is divided into site-to-site, remote access, and extranet. Among these, the remote access segment is anticipated to hold a significant share of the United Kingdom virtual private network market during the forecast period. The need for remote virtual private network solutions has increased over the past several years due to the widespread use of mobile VPN devices and the increasing requirement for distant accessibility.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the U.K. virtual private network market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• ExpressVPN
• NordVPN
• CyberGhost
• Private Internet Access (PIA)
• Surfshark
• ProtonVPN
• HideMyAss
• Others

Key Target Audience

• Market Player
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In September 2021, a significant sum of USD 936 million was paid by UK-based cybersecurity firm Kape Technologies to acquire Express VPN service from Express VPN International Ltd. In addition to increasing its market share in the commercial digital privacy space, this calculated move by Kape Technologies increased its clientele from 3 million to 6 million.

Market Segment

This study forecasts revenue at the UK, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Virtual Private Network Market based on the below-mentioned segments:

United Kingdom Virtual Private Network Market, By Component

• Hardware
• Software
• Services

United Kingdom Virtual Private Network Market, By Type

• Site-To-Site
• Remote Access
• Extranet