The global SSL VPN products market is expected to grow at a significant CAGR of 7.5% during the forecast period (2024-2031). The major factors propelling the growth of the global SSL VPN Products market include the rising adoption of the Bring Your Own Device (BYOD) policy. BYOD policy implementation has seen a peak in rising in the last few years, as organizations are looking to improve work efficiency and reduce the cost of operation. With the advantages of the BYOD, there are disadvantages too such as risks associated with the malicious content from the mobile apps or the fraud emails, as the mobile devices constitute a large portion of the BYOD ecosystem. Hence, organizations are shifting towards SSL VPN products.
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Additionally, the increasing incidences of cybercrime will propel the growth of the market. According to the report of the Federal Bureau of Investigation’s internet crime report 2020, 791,790 complaints of the suspected internet crime were reported with the rise of 300,000 complaints from 2019. SSL VPNs are used to enable secure site-to-site connection and remote access to restricted network resources over a secure and authorized channel. It is frequently used in conjunction with a regular web browser. Unlike the IPsec protocol, SSL VPN does not necessitate the installation of specialist client software on the end user’s device. It allows remote users to access online applications, internet network connections, and client/server applications.
The key players contributing to the growth of the global SSL VPN Products market by adopting various strategies such as product launches & developments, mergers and acquisitions, partnerships, and agreements, include Pulse Secure LLC, F5 Inc., Cisco Systems Inc., Citrix Systems Inc., Check Point Software Systems, among others.
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Market Coverage
- Segment Covered-
o By Product Type
o By Application
- Competitive Landscape- Pulse Secure LLC, F5 Inc., Cisco Systems Inc., Citrix Systems Inc., Check Point Software Systems, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global SSL VPN Products Market – Segmentation
By Product Type
- SSL VPN Concurrent 50-500
- SSL VPN Concurrent 500-1000
- SSL VPN Concurrent >1000
By Application
- Large Enterprises
- Small and Medium-Sized Enterprises
- Government Sector
- Research Institutes and Universities
- Other
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