SSL VPN Market Size is expected to reach $5,328 million by 2023 - Market Share, Size & Forecast by Valuates Reports

The global SSL VPN market was valued at $3,077 million in 2016, and is expected to reach $5,328 million by 2023, growing at a CAGR of 7.5% from 2017 to 2023.

Secure socket layer virtual private network (SSL VPN) is used to provide secure site-to-site connectivity and remote access to restricted network resources through a secure and authenticated pathway. It is commonly used with a standard web browser. In contrast to the concept of IPsec protocol, SSL VPN does not need to install a specialized client software on the end user's device. It provides access to web applications, internet network connections, and client/server applications to remote users.
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Cost savings and productivity enhancement result in user time savings, tool effectiveness, user satisfaction, and improvements in usability, which fuel the adoption of SSL VPN in multiple organizations. Other advantages of SSL VPN over traditional VPN protocols include ease of use, outbound connection security, and it does not require additional client software to be installed on the endpoint device.

The growth of the global SSL VPN market is driven by increase in demand for secure remote access for employees, customers, & business partners; growth in number of cyber-attacks, surge in demand for cloud-based security solutions, and increase in bring-your-own-device (BYOD) trend. However, the vulnerability of SSL protocol to spread threats such as malware, spyware, Trojans, worms, & viruses and lack of host security software installed on endpoint devices restrain the growth of the SSL VPN market. Rise in awareness about data security among organizations and increase in need to offer secure portals of expanding businesses to overseas employees, business partners, & customers are expected to offer numerous growth opportunities for the key vendors in the SSL VPN market.

SSL VPN market is segmented based on mode of remote access, component, organization size, and geography. On the basis of mode of remote access, the market is categorized into clientless mode, thin-client mode, and tunnel mode. By component, it is bifurcated into software and services. As per organization size, it is classified into large and SME. Geographically, the global SSL VPN market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key players profiled in the report include 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., and Symantec Corporation.

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KEY BENEFITS FOR STAKEHOLDERS
In-depth analysis and dynamics of the global SSL VPN market are provided to understand the market scenario.
Quantitative analysis of the current trends and future estimations from 2017 to 2023 is provided to assist strategists and stakeholders to capitalize on prevailing opportunities.
Porter's Five Forces analysis examines the competitive structure of the SSL VPN market and provides a clear understanding of the factors that influence the market entry and expansion.
A detailed analysis of the geographical segments enables identification of profitable segments for market players operating in the SSL VPN market.
Comprehensive analysis of the trends, sub-segments, and key revenue pockets are provided in the report.
Detailed analysis of the key players and their business strategies are anticipated to assist stakeholders to take informed business decisions.
Profile analysis of leading players operating in the SSL VPN market is provided in the report, which highlights the major developmental strategies such as mergers & acquisitions, expansions, and new product launches adopted by them.

KEY MARKET 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 key players profiled in the report are as follows:
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 Corporatio
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