SSL VPN Market is Escalating at a CAGR of 7.5% by 2023, Report
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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 mode of remote access segment is anticipated to grow at the highest growth rate during the forecast period.
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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The report features a competitive scenario of the global SSL VPN industry and provides a comprehensive analysis of key growth strategies adopted by the major players. The key players profiled in the study are Cisco Systems, Inc., Citrix Systems, Inc., Pulse Secure, LLC, F5 Networks, Inc., Barracuda Network, Inc., H3C Technologies Co., Limited, Array Networks, Inc., Check Point Software Technologies, Ltd., QNO Technology, Inc., and Symantec Corporation. These players have adopted strategies such as geographical expansions, mergers & acquisitions, new product launches, and partnerships & collaborations to gain a strong foothold in the market.
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