[202+ Pages Report] 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.
SSL VPN products are used to ensure secure connections via internet connectivity in order to avoid breaches of privacy or be safe from attacks. SSL VPN products help ensure the security of transactions and save data from being copied or leaked hence this is projected to boost their demand in the coming years as digitization picks up pace. Increasing instances of cybersecurity and rising demand for security solutions are projected to boost the SSL VPN Products market potential over the forecast period. Increasing investments in security by governments as well as organizations will further boost SSL VPN product adoption in multiple applications.
The increasing popularity of cloud-based infrastructure and the rising trend of BYOD will also provide lucrative opportunities for SSL VPN products companies over the forecast period through 2028. However, the lack of security software and vulnerability of SSL is expected to have a hampering effect on the SSL VPN Products market potential in the long run through 2028.
The COVID-19 pandemic sped up digitization and this trend helped the SSL VPN products market to run sustainably while most of the markets across the world toppled under adverse conditions due to the worldwide spread of coronavirus infections. The rising adoption of digital and cloud-based solutions by organizations across the world to ensure better work from the home environment also led to an uproar in demand for SSL VPN products solutions and services. The SSL VPN products market is anticipated to see further growth in the post-pandemic era as digitization paces up and multiple organizations move to digital infrastructure. The increasing demand for security of enterprise and customer data is also expected to boost SSL VPN product's market growth over the forecast period.
The complete research study looks at both the qualitative and quantitative aspects of the SSL VPN products market. Both the demand and supply sides of the market have been investigated. The demand side study examines market income in various regions before comparing it to all of the major countries. The supply side research examines the industry's top rivals, as well as their regional and global presence and strategies. Each major country in North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America is thoroughly investigated.
The global SSL VPN products market is segregated based on the mode of access, component, organization size, and region.
In terms of mode of remote access, the tunnel segment is projected to account for a major market share and will be a lucrative segment in the global SSL VPN products industry landscape. This type of access will allow scanning of viruses and attacks while monitoring the internet traffic for suspicious activity. Increasing demand for split tunnel features in VPN users is also expected to boost eth SSL VPN products market potential over the forecast period.
As per component, the services segment is projected to have a bright outlook over the years to come through 2028. Rising demand for support and after-sales services in the SSL VPN products marketplace is expected to boost market potential in this segment through 2028.
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 |
Request customized purchase options to meet your research needs. Explore purchase options |
Asia Pacific region will lead the global SSL VPN products market share in the coming years and this can be attributed to rapid technological proliferation in this region that is driven by urbanization and industrialization in multiple economies in this region. India, Japan, and China are anticipated to be the most lucrative markets in this region through 2028. The SSL VPN products market will also be influenced by increasing digitization and automation trends in this region over the forecast period.
The market for SSL VPN products in North America will also have a bright outlook owing to the rising adoption of automation technologies in this region. The United States and Canada are expected to be the most significant markets for SSL VPN products in this region.
The Global SSL VPN Products Market is segmented as follows:
Copyright © 2023 - 2024, All Rights Reserved, Facts and Factors