Global Market Insights puts the VPN market at $25 billion for 2019 and projects it to be north of $70 billion in 2026. Statistica said the VPN market was a $23.6 billion industry in 2019 and will hit $35.73 billion in 2022.
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Those who rely on these features range from people hiding their searches from abusive spouses, activists hiding their access from intrusive governments, and a wide range of sketchy individuals trying to hide illicit activity or cheat geolocation restrictions.Īlso: How to find the best VPN service: Your guide to staying safe on the internetĮither way, the VPN market is huge. The second key user class is "hiders," those who want to hide that they're using a VPN, hide their location, or hide any digital footprints they leave that might provide clues to their identity.
VPNs help protect data sent through those potentially compromised networks. Public Wi-Fi is inherently dangerous, but a necessity for many users. The first is "safe surfers," those with the desire to browse the web securely while out and about, using available Wi-Fi in places like coffee shops and airports. That tunnel makes point-to-point VPNs attractive to businesses, for example, who might want to connect branch offices to their corporate network.īut NordVPN's growth - and the growth of the entire consumer VPN business - is driven by two other key user classes. At its core, a VPN creates a secure tunnel through which data can travel. VPNs are subject to a variety of use cases. Now, the people who make NordVPN want to store and protect all your passwords, your confidential files, and want to extend NordVPN's protections to small and large businesses.īut what is NordVPN? The answer turns out to be less clear than you might expect and requires taking a short dive into VPN culture.
NordVPN protects data transmitted to and from the internet for approximately 14 million consumers. Today, Okman oversees one of the most popular virtual private network services globally. After all, NordSec co-founder Tom Okman said if he delivers on his 2025 ambition, the company "will be a global synonym of digital privacy and cybersecurity." As the company moves into a broader range of security products, we felt it was important to understand the company's offerings and, perhaps more important, the company's background and legal foundation. Welcome to our in-depth look at the folks behind NordVPN. Every remote worker should consider a virtual private network to stay safe online.
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