Global SSL VPN Products Market Share Is Expected to Grow At A CAGR Value Of Around 7.3% By 2028

26-Jul-2022 | Facts and Factors

According to Facts and Factors, the global SSL VPN products market size was valued at USD 4829.5 million in 2021 and is predicted to increase at a CAGR of 7.3% to USD 7370.5 million by 2028. The study examines the market in terms of revenue in each of the major regions, which are classified into countries.

Global SSL VPN Products Market Size

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The increased incidence of cybercrime and the rising number of cyber-attacks are projected to boost the adoption of SSL VPN products over the coming years. SSL VPN products are crucial in avoiding cyberattacks and allow a level of security to multiple datasets such as enterprise and consumer data. Increasing focus on security and rising investments in the development of a better secure digital infrastructure are expected to favor SSL VPN products demand over the forecast period.

Browse the full “ SSL VPN Products Market Size, Share, Growth Analysis Report By Mode of Remote Access (Clientless Mode, Thin-client Mode, Tunnel Mode), By Component (Software, Services), By Organization Size (Large, SME), and By Region - Global Industry Insights, Comparative Analysis, Trends, Statistical Research, Market Intelligence, and Forecast 2022 – 2028" report at https://www.fnfresearch.com/ssl-vpn-products-market

Rapid digitization, increasing internet penetration, rising use of smartphones, and increasing urbanization are prominent trends that will drive the adoption of SSL VPN products on a large scale through 2028. Rapid deployment of cloud-based technologies in multiple organizations will also boost the SSL VPN products market growth. However, reliability issues, lack of security software in the market, and vulnerability of SSL and VPN protocols are expected to have a constraining effect on the SSL VPN Products market potential over the forecast period.

Segmental Overview

In terms of mode of remote access, the tunnel segment is projected to have a dominant outlook over the forecast period and will majorly drive the SSL VPN Products market potential in the long run. Increasing the number of users using tunnel access will favor growth over the forecast period. Protection against most viruses and cyberattacks is possible with this type of remote access and hence it is expected to account for a major market share over the coming years.

In the component segment, the services segment is projected to boost the SSL VPN Products market potential owing to the high demand for services after the installation of new security products. However, rapid technological advancements are expected to boost the SSL VPN products market with demand for software. Increasing deployment of new technology software will also boost SSL VPN product's market potential over the forecast period. Integration of advanced technologies will favor the demand for software and services alike in the forthcoming years.

Regional Overview

Asia Pacific region will lead the SSL VPN products market growth owing to the trends of rapid digitization and urbanization. The massive population in the nations of India and China is expected to create huge demand for SSL VPN products over the forecast period as internet penetration and smartphone use increase in these economies. The rising disposable income, rising consumer spending, increasing standard of living, and rapid urbanization, are some of the major trends that govern the SSL VPN products market growth through 2028.

The market for SSL VPN products in North America is expected to have a bright outlook owing to the rise in presence of technologically advanced infrastructure and the presence of key technology companies in this region. The United States and Canada are expected to spearhead the demand for SSL VPN products in this region over the forecast period.

Report Scope

Report Attribute

Details

Market Size in 2021

USD 4829.5 Million

Projected Market Size in 2028

USD 7370.5 Million

CAGR Growth Rate

7.3% CAGR

Base Year

2021

Forecast Years

2022-2028

Key Market Players

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 Corporation, and Others

Key Segment

By Mode of Remote Access, Component, Organization Size, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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Key Players Insights

The report contains qualitative and quantitative research on the global SSL VPN Products Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company's global presence, competitors, service offers, and standards.

Some of the major companies operating in the global SSL VPN Products market are 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 Corporation, and others.

The Global SSL VPN Products Market is segmented as follows:

By Mode of Remote Access

  • Clientless Mode
  • Thin-client Mode
  • Tunnel Mode

By Component

  • Software
  • Services

By Organization Size

  • Large
  • SME

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

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