The VPN Market Is Expected To Reach USD 92.6 Billion By 2027

Virtual Private Networks (VPNs) are famous worldwide and are considered one of the most secure tools for leveraging online privacy and anonymity. Previously, not many people knew what these services do, but now, the VPN market has hit a massive growth of 27.1% in 2020.

The pandemic COVID-19 has left most of the businesses in the worst situations, but the VPN industry is persistently in an upward trend because nations worldwide are confined to stay safe at their homes and never go outside, due to state-wide lockdowns and mandatory self-quarantine measures.

As such, VPNs are contributing to the massive demand for remote working, as they are the fastest method to protect and cloak your online activities. By using a dedicated IP, employees can even access their office network, all the way from their homes.

On the other side, VPNs are helping people unlock new worlds of entertainment on multiple streaming platforms. For instance, if you want to explore all that Hulu offers, simply connect to a VPN server in the US. Similarly, you can unblock other VoDs like Netflix outside the US.

Therefore, the sudden increase of remote working and streaming has spread much-needed awareness regarding such tools that grant privacy and even offer region-hopping. According to a detailed report by industry specialists, the VPN market will have an estimated worth of US $90 billion by 2027.

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Why Should You Use A VPN?

VPNs are used all over the world for a variety of purposes. It offers great incentives for working, entertainment, security, business networking & operations, and many more. Here are a few critical actions that a VPN guarantee in a digital environment:

Offers Strong Security

Cybercrimes are among the rapidly growing problems all over the world. Criminal entities are always on the lookout for opportunities to expand their fraud net. A VPN utilizes military-grade AES-256-bit encryption to provide excellent security for online working with peace of mind.

This enables the common man to receive protection from the spying activities of Governments, Intelligence agencies, and third parties while using a VPN. Since they have a zero-log policy, and user’s data confidentiality is one of the critical concerns of their functioning.

Bypasses Censorship

World-renowned video streaming services such as Netflix, Hulu, YouTube TV, HBO Now, BBC iPlayer, Direct TV Now, Amazon Prime, and Sling TV are releasing a huge list of movies and TV shows regularly to keep their audiences entertained.

However, there is also an unfortunate limitation for each country’s content, due to copyright and licensing agreements. This means the playlist of one country is different from another country. What you may be able to access in the US, may not be accessible in Canada.

VPNs are the best tools for such discriminations.  They successfully break through all limitations and provide access to censored content of any country over the world. Therefore, anyone can unblock the geo-restricted content for all popular video streaming platforms.

Corporate Protection

Large, medium and small enterprises are urged to make sure their online business transactions must be highly secure, and all the information, data transformation, is susceptible. It must not be recorded or leaked to anywhere in the world.

VPN is a most reliable tool to cater to organizations’ privacy requirement for making their online world safe by extending the support to business entities through features like P2P file sharing and military-grade data encryption of AES-256-bit.

Security On Public Wi-Fi

It is a common fact that many of us jump to connect free public Wi-Fi networks when out shopping in malls or at a restaurant. We barely think much about it, but the truth is, connecting to such networks can make you susceptible to a lot of cyber-attacks.

The secure and straight solution is to install a VPN on your smartphone, laptop, or any other user device to make it secure and browse comfortably whatever you want.

Final thoughts

A VPN is a mandatory tool for all your cybersecurity needs. Organizations and people have realized the use of a VPN is a must in their workplaces and homes for secure online working. And the market will only continue to expand, as the days of COVID-19 continue to go on!

On the contrary; at the same time, VPN is also a great entertainment tool with a lot of incentives for by-passing geo-restricted and accessing international restricted websites. Finally, if you want to be secure in a digital work community and looking for versatile entertainment from the world, consider a VPN.

If you are interested in even more business-related articles and information from us here at Bit Rebels, then we have a lot to choose from.

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