USD 4.48 billion
Report ID:
SQSG45E2050 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
89
|Figures:
76
SSL VPN Market size was valued at USD 4.48 billion in 2019 and is poised to grow from USD 4.97 billion in 2023 to USD 12.6 billion by 2031, growing at a CAGR of 10.9% in the forecast period (2024-2031).
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.
US SSL VPN Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 4.48 billion
Largest Segment
Thin client
Fastest Growth
Thin-client
Growth Rate
10.9% CAGR
To get more reports on the above market click here to Buy The Report
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.
SSL VPN Market 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.
To get detailed analysis on other segments, Request For Free Sample Report
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.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
SSL VPN Market Driver
SSL VPN Market Restraint
Request Free Customization of this report to help us to meet your business objectives.
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.
SSL VPN Market Top Players' Company Profiles
SSL VPN Market Recent Developments
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.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 4.48 billion |
Market size value in 2031 | USD 12.6 billion |
Growth Rate | 10.9% |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
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) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
Historical Year | 2019 |
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the 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 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.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the SSL VPN Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the SSL VPN Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
SSL VPN Market size was valued at USD 4.48 billion in 2019 and is poised to grow from USD 4.97 billion in 2023 to USD 12.6 billion by 2031, growing at a CAGR of 10.9% in the forecast period (2024-2031).
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQSG45E2050
sales@skyquestt.com
USA +1 351-333-4748