2020 has a lot of exciting things in store when the VPN industry is in question.
In the wake of an ever-increasing trend of cybersecurity, VPN technology becomes more and more important in both personal and professional realms.
Unfortunately, just as VPNs evolve, cyber threats follow. Since we live in an online, digital world of the internet, being able to protect yourself, your business, and valuable data have become one of the top priorities across verticals of our society.
With that in mind, let’s see what dangers, possibilities, and opportunities will emerge in the VPN industry in the time to come.
The Expansion of BYOD Markets
The importance of having top-class VPN protection is becoming increasingly relevant as 2020 goes by. Some of the most recent statistics show that over 40% of business experts recommend that all-size companies should be ready to invest in improved cybersecurity because there are new cyber threats on the internet with more to come.
This is probably the reason why the bring-your-own-device business model is becoming accepted in the business world. In fact, these markets are increasingly expanding.
Instead of functioning and operating with the help of devices issued by licensed companies, BYOD organizations choose to conduct their business operations using the techs and gadgets they already own.
The thing with this organizational approach is that it gives real results. What makes it so appealing and effective is that it provides companies with the ability to work from home while increasing productivity. By 2022, it is estimated that the BYOD market will reach $366.95 billion.
Digital nomadism and remote working are the latest trends that are ushering a new era of standards in the business world. It is expected that almost half of the workforce will become a remote workforce by the end of 2020.
What does this mean for the VPN industry?
It means expansion and growth. These remote workers will need new devices to access the internet and corporate networks. This is a remarkable opportunity for VPN companies to provide their services to an ever-increasing number of new consumers. Without VPN technologies, data security in this new remote business environment might be in danger.
Every business today is required to operate online, and this business model requires adequate cybersecurity practices to ensure that valuable and sensitive information is always safe and protected. The good news is that the majority of businesses, especially those that practice remote work, already use VPN services to protect their valuable data.
Setting Up Personal VPN Servers
Last year was marked by several scandals that were including cyber threats, hack attacks, and cybersecurity breaches of all kinds, such as the discovery of seemingly reliable VPN service providers with questionable and suspicious backgrounds, various data breaches, etc.
All these events led to increasing awareness of how important it is to have an adequate tool to protect yourself against these new threats. Because of that, more people all over the world are getting interested in VPN services, how they work, the benefits they have, and so on.
However, just like there is a new cyber threat every day, there’s also a new VPN provider, and both people and businesses are now facing a genuine dilemma: which cybersecurity tools and service providers to trust?
Now, while there’s no doubt that VPN apps are incredibly convenient and user-friendly, it’s pretty much almost impossible to prove their reliability without getting an insight into their source code. Hence, the increasing numbers of people and businesses are setting up their personal VPN servers and using the best protocols around.
VPN Restrictions Will Become Harsher
Just like any other market, VPN markets are also prone to definite threats. The countries that practice internet censorship don’t take kindly to VPN services for the most obvious reasons. They don’t like the fact that their citizens can easily bypass their restrictions and get their hands on geo-restricted, locked content, despite all their efforts to keep it under censorship.
This is why VPN restrictions are getting harsher and harsher, not just in those particular countries, but all over the world. Some countries even go to great lengths to actually go ahead and completely block or ban VPN providers.
In some countries like Russia, there is a strict ultimatum that only 10 VPN service providers are allowed to operate on the territory of the country. Because of that, many companies had to quit their services in the country and block resources to their Russian clients.
For those that refused to abide, their VPN services were fully blocked. For example, UAE and China block VPN providers that refuse to cooperate with the government. Still, nothing can stop the widespread use of VPN technology.
