SSL VPN Market Segmentation Analysis to 2023 ($5,328 Million by 2023) - Key Players Profiled Symantec, Cisco, Citrix, Pulse Secure, Barracuda Networks, F5 Networks, H3C Technologies, Array Networks, QNO Technology

Secure Socket Layer Virtual Private Network (SSL VPN) facilitates access to restricted network resources through an authenticated and secure pathway by encrypting the network traffic. This protocol obtains an improved level of compatibility with configurations and client platforms over traditional protocols irrespective of geographic locations. SSL VPN operates through three major modes of remote access, including clientless or web VPN, thin-client or port forwarding, and tunnel mode or full network access. Advantages of SSL VPN include a secure connection with remote endpoint device without any additional client software installment, ease of use, improved performance, accessed via standard web browser, and others.

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The global SSL VPN market was valued at $3,077 million in 2016 and is projected to reach $5,328 million by 2023, growing at a CAGR of 7.5% from 2017 to 2023. The thin-client model of remote access segment is anticipated to grow at the highest growth rate during the forecast period.

SSL VPN technology witnessed high demand across the world, especially in the Americas and European countries. High internet penetration, rise in BYOD trend, change in dynamics of businesses owing to expansion and globalization, and high investments from the organizations to offer secure and authenticated access to the data have positively impacted on the growth of the SSL VPN market. Rise in cyber-crimes, unauthorized access of data by intruders, high costs of security mechanism installments, and cost-effective benefits of SSL VPN are expected to offer growth opportunities for the market among large organizations and SMEs all across the world.

North America was the highest revenue contributor to the market in 2016, owing to infrastructural development and increase in adoption of SSL VPN. Asia-Pacific SSL VPN market is expected to grow at the highest rate during the forecast period, owing to considerable economic growth in Southeast Asia, India, & other economies and increase in bring-your-own-device (BYOD) trend.

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SSL VPN Market Key Segments:

By Mode of Remote Access

•Clientless Mode
•Thin-client Mode
•Tunnel Mode

By Component

•Software
•Services

By Organization Size

•Large
•SME

By Geography

•North America
•U.S.
•Canada
•Mexico

•Europe
•UK
•Germany
•France
•Rest of Europe

•Asia-Pacific
•China
•India
•Australia
•Rest of Asia-Pacific

•LAMEA
•Latin America
•Middle East
•Africa

The large-scale organization segment contributed the highest share of global SSL VPN market, accounting for $1,992 million in 2016, and is projected to grow at a CAGR of 7.3% during the forecast period. The SMEs segment is projected to grow at the highest rate of 8.0% during the forecast period.

The Key Players Profiled in the Report:

•Cisco Systems Inc.
•Citrix Systems Inc.
•Pulse Secure LLC
•F5 Networks Inc.
•Barracuda Networks Inc.
•H3C Technologies Co. Limited
•Array Networks Inc.
•Check Point Software Technologies Ltd.
•QNO Technology Inc.
•Symantec Corporation

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