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SSL VPN Market is Escalating at a CAGR of 7.5% by 2023, Report

04-01-2019 05:29 PM CET | IT, New Media & Software

Press release from: Allied Market Research

SSL VPN Market is Escalating at a CAGR of 7.5% by 2023, Report

The SSL VPN market is in its maturity phase, and is expected to grow at rate of 7.5% during the forecast period. Organizations are more focused towards data privacy and security while providing remote access to the employees, business partners, and customers. The North American SSL VPN market was the highest shareholder, in terms of revenue, while Asia-Pacific is expected to witness the highest growth during the forecast period.

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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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About Us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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