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SSL VPN Products Market

Global SSL VPN Products Market Will Reach USD 2986.6 Million by 2026

Posted on October 25, 2021 By Milind Khangan No Comments on Global SSL VPN Products Market Will Reach USD 2986.6 Million by 2026

[225+ Pages PDF Report] Global SSL VPN Products Market was approximately USD 1902.0 Million in 2019 and is estimated to account for USD 2986.6 Million in 2026 and is expected to grow at a CAGR of 6.7%.

SSL (Secure Socket Layer) VPN (Virtual Private Network) products aim to secure the confidentiality and integrity of network communications. VPN creates a private data path in form of a “tunnel”. Before transmitting data packets, they are encapsulated within headers forming secure data packets. Headers contain route information so that it can travel through insecure networks without exposing data. Once a secure data packet reaches the destination, it is decoded and data is available. SSL VPN methodology is standard and available with most web browsers so generally, it does not need any extra installation.

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Demand to be able to connect to internal networks from distant locations is increasing each passing day. Users may be a private individual concerned about data security or in major cases, an employee trying to connect to private company networks over the internet from potentially insecure locations like homes, airports, hotels, or other networks external to the private company network. The value of data and huge liability if data security is not maintained is the primary reason for the growth of the SSL VPN market globally. Due to the changing nature of business where markets are no more limited by geography, the constant ability to access private networks becomes critical further fuelling demand for SSL VPN solutions. Increased occurrence of cyber attacks as well as sophisticated tools used by cyber attackers is driving the need for having security solutions like SSL VPNs even for small and medium-scale enterprises. The ability to distribute work to best-cost locations with the use of SSL VPN products allows for substantial cost saving as the investment needed for SSL VPN solutions is much less with many prominent as well as small-scale players coming up with SSL VPN solutions in varied cost and feature ranges. Demand for SSL VPN is highly increasing in small and medium scale companies owing to increasing security and accessibility advantages.

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By Type, the market is divided into Clientless Mode, Thin-client Mode, and Tunnel Mode. Tunnel Mode accounted for the largest market share of 49.6% in the year 2019 owing to advantages such as tunnel mode permits the user to access network resources that are pre-configured. The global Thin-client Mode contributed 29% market share in 2019 accounting for the second-largest segment of the SSL VPN Products market.

Geographically, the global SSL VPN Products Market was dominated by North America with a market share of 43.9% in 2019. This dominance is majorly attributed to increasing information technology facilities in the U.S. and Canada. World’s largest technology centers are situated in the countries of North America; this reason is expected to raise the adoption of SSL VPN Products.

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Top Market Players

There are several key players operating in the SSL VPN Products Market around the globe some of them include  Cisco Systems, Inc., SonicWall, Check Point Software Technologies Ltd., F5 Networks, Inc., Citrix Systems, Inc., Oracle Corporation, Symantec Corporation, Array Networks, Inc, Barracuda Networks, Inc. SANGFOR TECHNOLOGIES INC.,  and others.

Browse detail report with in-depth TOC @ Global SSL VPN Products Market, 2021-2026

About Us:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Milind Khangan
Milind Khangan
VIRTUAL STRATEGY MAGAZINE Tags:SSL VPN Products Market

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