The latest research study by IMARC Group, “SSL VPN Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” offers a comprehensive analysis of the industry, which comprises insights on global SSL VPN market size. 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.
SSL VPN Industry Outlook:
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.
| 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 |
| Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
| Customization preview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Market Segmentation:
The report has segmented the global SSL VPN market on the basis of component, mode of remote access, organization size and region.
Breakup by Component:
- Software
- Services
Breakup by Mode of Remote Access:
- Clientless Mode
- Thin-Client Mode
- Tunnel Mode
Breakup by Organization Size:
- Large Enterprises
- Small and Medium-sized Enterprises
Breakup by Geography:
- 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 Africa
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List of Key Companies Covered in this Market Report:
The major players in the market are 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 Corporation, Pulse Secure LLC (Ivanti), QNO Technology Inc., Sangfor Technologies Inc. and Sonicwall Inc.
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About IMARC Group:
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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