Market Overview 2022-2027:
The latest research study “SSL VPN Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global SSL VPN market reached a value of US$ 5.06 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 8.87 Billion by 2027 exhibiting a CAGR of 9.20% during 2022-2027.
Industry Definition and Application:
A secure socket layer virtual private network (SSL VPN) is a security technology that encrypts network communications. It offers secure site-to-site connectivity and remote access to restricted network resources through an authenticated system. It generally works with a standard browser to establish a secure connection between the corporate network and the public internet. It eliminates the risk of threats from unusual activity by preventing unauthorized parties from accessing the network and associated data. As a result, SSL VPN finds extensive applications in numerous enterprises across the globe for improving security operations, optimizing the workforce, and ensuring instant implementation of information technology (IT) data protection policies.
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Market Trends:
The global SSL VPN market is primarily driven by the rising demand for flexible and affordable security solutions across enterprises due to an increased online fraud, unauthorized access, and cyberattacks. Moreover, the escalating vulnerability of data due to the deployment of work-from-home (WFH) and bring-your-own-device (BYOD) models by various organizations amid the sudden outbreak of the coronavirus disease (COVID-19) and the consequent implementation of lockdowns are positively influencing the market growth.
Additionally, rapid technological advancements, such as the integration of cloud-based SSL solutions by end users for enhancing overall performance, have catalyzed market growth. Furthermore, ongoing research and development (R&D) activities to introduce innovative SSL VPNs that provide secure remote access to mobile users are contributing to the market growth.
Other factors, including the growing strategic collaborations between companies, a rise in cloud-based operations, and increasing awareness about IT security, are also anticipated to create a favorable market outlook.
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SSL VPN Market Report Scope
Report Coverage
Details
Market size value in 2021
US$ 5.06 Billion
Market forecast in 2027
US$ 8.87 Billion
Growth Rate
CAGR of 9.20% from 2022 to 2027
Base year for estimation
2021
Historical data
2016-2021
Forecast period
2022-2027
Report coverage
Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered
Component, Mode of Remote Access, Organization Size and Region
Key Market Segmentation:
The report has been segmented the market into following categories:
Breakup by Component:
SoftwareServicesBreakup by Mode of Remote Access:
Clientless ModeThin-Client ModeTunnel ModeBreakup by Organization Size:
Large EnterprisesSmall and Medium-sized EnterprisesBreakup by Region:
North America: (United States, Canada)Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)Latin America: (Brazil, Mexico, Others)Middle East and AfricaCompetitive Landscape with Key Player:
Array Networks Inc.Barracuda Networks Inc.Check Point Software Technologies Ltd.Cisco Systems Inc.Citrix Systems Inc.F5 Inc.New H3C Technologies Co. Ltd. (Tsinghua Unisplendour (Group) Co. Ltd)Oracle CorporationPulse Secure LLC (Ivanti)QNO Technology Inc.Sangfor Technologies Inc.Sonicwall Inc.About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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