USD 5.10 Billion
Report ID: SQSG45E2050 | Region: Global | Published Date: November, 2022 | Pages: 157
Global SSL VPN Market size valued at USD 5.10 Billion in 2021, and it is expected to reach a value of USD 10.52 Billion by 2028, at a CAGR of 10.9% over the forecast period (2022-2028).
SSL is a cryptogenic protocol that secures online conversation and data access in a regular web browser. The privacy and data security of organizations are subject to external assaults, prompting severe worries regarding user online security. SSL tunnels transmit data across a secure network, enhancing data safety and security. It can be accessed in three ways: clientless, thin-client, full network access, or tunnel mode. SSL VPN industry features include endpoint security compliance, cache clearing, ease of use, and increased speed.
In today's world, the growing desire for flexible and cost-effective security solutions supports the demand for SSL VPN, notably in the IT software business. Furthermore, improved product performance and ease of use encourage SSL VPN adoption across a wide range of end-use verticals. However, the SSL VPN market's growth is hampered by a lack of host security software installations on endpoint devices, as well as the SSL protocol's sensitivity to external threats. On the contrary, the market is expected to rise due to rapid improvements in linked technologies and end-user integration of cloud-based SSL solutions to improve overall performance. Furthermore, the expansion of cloud-based operations in numerous industries such as banking, government, and others is expected to create lucrative growth opportunities for the market.
Global Market Size
USD 5.10 Billion
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The global SSL VPN market is segmented based on component, mode of remote access, enterprise size, and region. Based on the component, the market is segmented into software and service. Based on the mode of remote access, the market is segmented into tunnel, thin-client, clientless. Based on the enterprise size, the market is segmented into large enterprise, small and medium-sized enterprise. Based on the region, the market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Analysis by Mode of Remote Access
Based on the mode of remote access, the market is segmented into tunnel, thin-client, clientless. Among these the tunnel segment of the market is projected to hold the most substantial share in the market. The tunnel segment dominated the SSL VPN market. For users connected through full tunnel mode, Internet traffic will be scanned for security and the presence of antivirus on remote users' devices. Additionally, the availability of the "Split Tunnel" option for VPN connections makes full tunnel mode the favored choice among end users.
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In 2021, North America is expected to hold the largest global SSL VPN market share. Attributing to the rapid adoption of IoT technology, the growing number of electronic gadget users, and the increased potential of data theft and cybercrime instances, North America has emerged as the worldwide SSL VPN market's dominating region. The growing awareness of the need to protect data and monitor cybercrime is a major factor driving this region's growth. However, expanding BYOD culture adoption in emerging nations such as India, China, Japan, and others are expected to serve as drivers assisting the Asia Pacific market for SSL VPN to see new growth potential over the forecast period.
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The prominent players operating in the market are constantly adopting various growth strategies in order to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D in order to supply industries with the most efficient and cost-effective solutions.
Top Players' Company Profiles
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global SSL VPN market analysis, the market is segmented based on component, mode of remote access, enterprise size, and region. Based on the component, the software segment of the market is projected to hold the most substantial share in the market. Based on the mode of remote access, the tunnel segment of the market is projected to hold the most substantial share in the market. Based on the enterprise size, the small and medium size enterprises segment of the market is projected to hold the most substantial share in the market. Based on the region, the North American region of the market is projected to hold the most substantial share in the market.
|Market size value in 2021||USD 5.10 Billion|
|Market size value in 2028||USD 10.52 Billion|
|Forecast Unit (Value)||USD Billion|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
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Parent Market Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global SSL VPN Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global SSL VPN Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global SSL VPN Market:
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