Site-to-Site VPN Market Size, Share, Growth Analysis, By Type(Intranet-based, Extranet-based), By Application(Individual, Commercial Use, Research Institution, Public Service), By Region - Industry Forecast 2024-2031

Site-to-Site VPN Market size was valued at USD 38.8 billion in 2019 and is poised to grow from USD 44.6 billion in 2023 to USD 137.7 billion by 2031, growing at a CAGR of 15.1% in the forecast period (2024-2031).

A virtual private network (VPN) that connects two or more networks, such as a corporate network and a branch office network is known as a site-to-site VPN. As an alternative to deploying private MPLS circuits, several firms utilize site-to-site VPNs to use an internet connection for private traffic.

The main factor that is driving the site-to-site VPN market growth is the need for increased security. With so many companies working remotely, there is a greater need to protect data from being accessed by unauthorized people. Site-to-site VPNs provide an extra layer of security by encrypting data that is sent between two locations. This makes it much more difficult for someone to intercept and read the data. Another factor that is contributing to the demand for site-to-site VPNs is the increasing use of cloud services. When data is stored in the cloud, it is accessible from anywhere in the world. This makes it even more important to have a secure connection when accessing sensitive data.

US Site-to-Site VPN Market  is poised to grow at a sustainable CAGR for the next forecast year.