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SSL VPN Market by Mode of Remote Access (Clientless, Thin-client, and Tunnel), Component (Software and Services), and Organization Size (Large and SME) - Global Opportunity Analysis and Industry Forecast, 2016-2023
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Information, Infrastructure & Network Security	IC_172774	Pages: 150	Aug 2017 \| 8976 Views
Author(s) : Kalyani Sonawane	Tables: 37	Charts: 77	Formats*:

SSL VPN Market Overview:

Secure Socket Layer Virtual Private Network (SSL VPN) facilitates access to restricted network resources through an authenticated and secure pathway by encrypting the network traffic. This protocol obtains an improved level of compatibility with configurations and client platforms over traditional protocols irrespective of geographic locations. SSL VPN operates through three major modes of remote access, including clientless or web VPN, thin-client or port forwarding, and tunnel mode or full network access. Advantages of SSL VPN include secure connection with remote endpoint device without any additional client software installment, ease of use, improved performance, accessed via standard web browser, and others.

The global SSL VPN market is segmented based on mode of remote access, component, organization size, and geography. As per mode of remote access, the market is categorized into clientless mode, thin-client mode, and tunnel. On the basis of organization size, it is bifurcated into large and small & mid-size. Geographically, the SSL VPN market is studied across North America, Europe, Asia-Pacific, and LAMEA.

Global SSL VPN Market Segmentation

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The global SSL VPN market was valued at $3,077 million in 2016, and is expected to reach $5,328 million by 2023, growing at a CAGR of 7.5% from 2017 to 2023. The major factors that drive the market growth are increase in demand for secure remote access for employees, customers, & business partners; rise in number of cyber-attacks, surge in demand for cloud-based security solutions, and increase in demand for bring-your-own-device (BYOD) trend. Other factors that influence the market growth include rise in awareness about data security among organizations and increase in need to offer secure portals of expanding businesses to overseas employees, business partners, and customers.

The North American SSL VPN market generated the highest revenue in 2016, as organizations in North America are equipped with advanced technologies. Moreover, presence of large number of enterprises and increase in number of internet users have supplemented the market growth. The Asia-Pacific SSL VPN market is expected to grow at the highest CAGR, owing to rise in penetration of internet, rapid industrialization, and significant economic growth.

The key players operating in the global SSL VPN industry include Oracle Corporation, 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., and Symantec Corporation. These players have expanded their market presence by adopting various business strategies such as acquisition, geographical expansion, product development, strategic alliance, and collaboration.

Top Investment Pockets

The following graph signifies the growth potential of the global SSL VPN market. The tunnel mode occupied the largest market share in 2016, owing to increase in enterprises using SSL VPN to secure data from unauthorized accesses on remote places.

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Increase in Demand for Secure Remote Access for Employees, Customers, & Business Partners

Companies seek to offer secure remote access for business partners, employees, and customers to protect their data from possible external threats. The challenge is to provide access through critical legacy applications in a modest way. SSL VPNs provide a plug-n-play alternative to conventional modes of secure remote access for mobile users or for partners/customers. This has fueled the demand for SSL VPN technology among various organizations across the world.

Growth in Number of Cyber-attacks

Organizations are expanding their businesses at a notable pace, owing to technological advancements, supportive government legislations, and high internet penetration worldwide. However, this has made the company data highly vulnerable to external threats such as spyware, malware, viruses, Trojans, and others. Number of cyber-attacks or hacking attempts have significantly increased over the last few years, which has urged organizations to adopt secure and more private ways to offer remote access to a company’s private data. Thus, SSL VPN is a viable solution, and hence has witnessed significant adoption over the years.

Vulnerability of SSL Protocol to External Threats

SSL VPN protocol offers security to remote access of data through a standard web browser. However, without installation of security software on endpoint devices, the security through SSL VPN can be vulnerable to external threats. Data can be hampered or hacked by an intruder without appropriate preventive measures such as antivirus software. This has limited the capabilities of SSL VPN to protect the sensitive data and offer full network security.

Surge in Demand for Cloud-based Security Solutions

Increase in need for low-cost, convenient, and flexible security solutions and rise in awareness about IT security have fueled the adoption of cloud-based SSL VPN solutions and services among end users, owing to easy availability of the products and improved performance.

Key Benefits:

In-depth analysis and dynamics of the global SSL VPN market are provided to understand the market scenario.
Quantitative analysis of the current trends and future estimations from 2017 to 2023 is provided to assist strategists and stakeholders to capitalize on prevailing opportunities.
Porter’s Five Forces analysis examines the competitive structure of the SSL VPN market and provides a clear understanding of the factors that influence the market entry and expansion.
A detailed analysis of the geographical segments enables identification of profitable segments for market players in the global SSL VPN industry.
Comprehensive analyses of the trends, sub-segments, and key revenue pockets are provided.
Detailed analyses of the key players operating in the global SSL VPN industry and their business strategies are anticipated to assist stakeholders to take informed business decisions.

SSL VPN Market Key Segments:

By Mode of Remote Access

Clientless Mode
Thin-client Mode
Tunnel Mode

By Component

Software
Services

By Organization Size

Large
SME

By Geography

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Australia
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

The Key Players Profiled in the Report are as follows:

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

CHAPTER 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
1.4.4. Market segmentation

CHAPTER 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

CHAPTER 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top winning strategies
3.2.2. Top investment pockets
3.2.3. Top impacting factors

3.3. PORTER’S FIVE FORCES

3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Degree of competition
3.3.4. Threat of new entrants
3.3.5. Threat of substitute

3.4. MARKET PLAYER POSITIONING
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Increasing demand for secure remote access for employees, customers, & business partners
3.5.1.2. Growing number of cyber-attacks
3.5.1.3. Growing demand for cloud-based security solutions
3.5.1.4. growing BYOD trend

3.5.2. Restraints

3.5.2.1. Vulnerability of SSL protocol to external threats
3.5.2.2. Lack of host security software installments on endpoint devices

3.5.3. Opportunities

3.5.3.1. Growing awareness about the data security among organizations

CHAPTER 4 GLOBAL SSL VPN MARKET, BY MODE OF REMOTE ACCESS

4.1. OVERVIEW
4.2. CLIENTLESS MODE

4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast

4.3. THIN-CLIENT MODE

4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast

4.4. TUNNEL MODE

4.4.1. Key market trends
4.4.2. Key growth factors and opportunities
4.4.3. Market size and forecast

CHAPTER 5 GLOBAL SSL VPN MARKET, BY COMPONENT

5.1. OVERVIEW
5.2. SOFTWARE

5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast

5.3. SERVICES

5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast

CHAPTER 6 GLOBAL SSL VPN MARKET, BY ORGANIZATION SIZE

6.1. OVERVIEW
6.2. LARGE ORGANIZATIONS

6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast

6.3. SME (SMALL AND MEDIUM ENTERPRISES)

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast

CHAPTER 7 SSL VPN MARKET, BY GEOGRAPHY

7.1. OVERVIEW
7.2. NORTH AMERICA

7.2.1. Key trends
7.2.2. Key growth factors and opportunities
7.2.3. Market size and forecast, by mode of remote access
7.2.4. Market size and forecast, by component
7.2.5. Market size and forecast, by organization size
7.2.6. Market size and forecast, by country
7.2.7. U.S.

7.2.7.1. Market size and forecast

7.2.8. Canada

7.2.8.1. Market size and forecast

7.2.9. Mexico

7.2.9.1. Market size and forecast

7.3. EUROPE

7.3.1. Key market trends
7.3.2. Key growth factors and opportunities
7.3.3. Market size and forecast, by mode of remote access
7.3.4. Market size and forecast, by component
7.3.5. Market size and forecast, by organization size
7.3.6. Market size and forecast, by country
7.3.7. UK

7.3.7.1. Market size and forecast

7.3.8. Germany

7.3.8.1. Market size and forecast

7.3.9. France

7.3.9.1. Market size and forecast

7.3.10. Rest of Europe

7.3.10.1. Market size and forecast

7.4. ASIA-PACIFIC

7.4.1. Key market trends
7.4.2. Key growth factors and opportunities
7.4.3. Market size and forecast, by mode of remote access
7.4.4. Market size and forecast, by component
7.4.5. Market size and forecast, by organization size
7.4.6. Market size and forecast, by country
7.4.7. China

7.4.7.1. Market size and forecast

7.4.8. India

7.4.8.1. Market size and forecast

7.4.9. Australia

7.4.9.1. Market size and forecast

7.4.10. Rest of Asia-Pacific

7.4.10.1. Market size and forecast

7.5. LAMEA

7.5.1. Key market trends
7.5.2. Key growth factors and opportunities
7.5.3. Market size and forecast, by mode of remote access
7.5.4. Market size and forecast, by component
7.5.5. Market size and forecast, by organization size
7.5.6. Market size and forecast, by country
7.5.7. Latin America

7.5.7.1. Market size and forecast

7.5.8. Middle East

7.5.8.1. Market size and forecast

7.5.9. Africa

7.5.9.1. Market size and forecast

CHAPTER 8 COMPANY PROFILES

8.1. ARRAY NETOWRKS, INC.

8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Business performance
8.1.4. Key strategic moves & developments

8.2. BARRACUDA NETWORK, INC.

8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Business performance
8.2.4. Key strategic moves & developments

8.3. CISCO SYSTEMS, INC.

8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Business performance
8.3.4. Key strategic moves & developments

8.4. CITRIX SYSTEMS, INC.

8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Business performance
8.4.4. Key strategic moves & developments

8.5. CHECK POINT SOFTWARE TECHNOLOGIES, LTD.

8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Business performance
8.5.4. Key strategic moves & developments

8.6. F5 NETWORKS, INC.

8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Business performance
8.6.4. Key strategic moves & developments

8.7. H3C TECHNOLOGIES CO.

8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Business performance
8.7.4. Key strategic moves & developments

8.8. PULSE SECURE, LLC.

8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Business performance
8.8.4. Key strategic moves & developments

8.9. QNO TECHNOLOGY

8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Business performance
8.9.4. Key strategic moves & developments

8.10. SYMANTEC CORPORATION

8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Business performance
8.10.4. Key strategic moves & developments

LIST OF TABLES

TABLE 1. GLOBAL SSL VPN MARKET BY MODE OF REMOTE ACCESS, 2016-2023 ($MILLION)
TABLE 2. GLOBAL SSL VPN MARKET FOR CLIENTLESS MODE OF REMOTE ACCESS BY REGION, 2016-2023 ($MILLION)
TABLE 3. GLOBAL SSL VPN MARKET FOR THIN-CLIENT MODE OF REMOTE ACCESS BY REGION, 2016-2023 ($MILLION)
TABLE 4. GLOBAL SSL VPN MARKET FOR TUNNEL MODE OF REMOTE ACCESS BY REGION, 2016-2023 ($MILLION)
TABLE 5. GLOBAL SSL VPN MARKET BY COMPONENT, 2016-2023 ($MILLION)
TABLE 6. GLOBAL SSL VPN MARKET FOR SOFTWARE BY REGION, 2016-2023 ($MILLION)
TABLE 7. GLOBAL SSL VPN MARKET FOR SERVICES BY REGION, 2016-2023 ($MILLION)
TABLE 8. GLOBAL SSL VPN MARKET BY ORGANIZATION SIZE, 2016-2023 ($MILLION)
TABLE 9. GLOBAL SSL VPN MARKET FOR LARGE ORGANIZATIONS BY REGION, 2016-2023 ($MILLION)
TABLE 10. GLOBAL SSL VPN MARKET FOR SME BY REGION, 2016-2023 ($MILLION)
TABLE 11. SSL VPN MARKET BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 12. NORTH AMERICA SSL VPN MARKET BY MODE OF REMOTE ACCESS, 2016-2023 ($MILLION)
TABLE 13. NORTH AMERICA SSL VPN MARKET BY COMPONENT, 2016-2023 ($MILLION)
TABLE 14. NORTH AMERICA SSL VPN MARKET BY ORGANIZATION SIZE, 2016-2023 ($MILLION)
TABLE 15. NORTH AMERICA SSL VPN MARKET BY COUNTRY, 2016-2023 ($MILLION)
TABLE 16. EUROPE SSL VPN MARKET BY MODE OF REMOTE ACCESS, 2016-2023 ($MILLION)
TABLE 17. EUROPE SSL VPN MARKET BY COMPONENT, 2016-2023 ($MILLION)
TABLE 18. EUROPE SSL VPN MARKET BY ORGANIZATION SIZE, 2016-2023 ($MILLION)
TABLE 19. EUROPE SSL VPN MARKET BY COUNTRY, 2016-2023 ($MILLION)
TABLE 20. ASIA-PACIFIC SSL VPN MARKET BY MODE OF REMOTE ACCESS, 2016-2023 ($MILLION)
TABLE 21. ASIA-PACIFIC SSL VPN MARKET BY COMPONENT, 2016-2023 ($MILLION)
TABLE 22. ASIA-PACIFIC SSL VPN MARKET BY ORGANIZATION SIZE, 2016-2023 ($MILLION)
TABLE 23. ASIA-PACIFIC SSL VPN MARKET BY COUNTRY, 2016-2023 ($MILLION)
TABLE 24. LAMEA SSL VPN MARKET BY MODE OF REMOTE ACCESS, 2016-2023 ($MILLION)
TABLE 25. LAMEA SSL VPN MARKET BY COMPONENT, 2016-2023 ($MILLION)
TABLE 26. LAMEA SSL VPN MARKET BY ORGANIZATION SIZE, 2016-2023 ($MILLION)
TABLE 27. LAMEA SSL VPN MARKET BY COUNTRY, 2016-2023 ($MILLION)
TABLE 28. COMPANY SNAPSHOT: ARRAY NETWORKS, INC.
TABLE 29. COMPANY SNAPSHOT: BARRACUDA NETWORK, INC.
TABLE 30. COMPANY SNAPSHOT: CISCO SYSTEMS, INC.
TABLE 31. COMPANY SNAPSHOT: CITRIX SYSTEMS, INC.
TABLE 32. COMPANY SNAPSHOT: CHECK POINT SOFTWARE TECHNOLOGIES, LTD.
TABLE 33. COMPANY SNAPSHOT: F5 NETWORKS, INC.
TABLE 34. COMPANY SNAPSHOT: H3C TECHNOLOGIES CO.
TABLE 35. COMPANY SNAPSHOT: PULSE SECURE, LLC.
TABLE 36. COMPANY SNAPSHOT: QNO TECHNOLOGY
TABLE 37. COMPANY SNAPSHOT: SYMANTEC CORPORATION

LIST OF FIGURES

FIGURE 1. MARKET SEGMENTATION: SSL VPN MARKET
FIGURE 2. TOP WINNING STRATEGIES, 2013-2017 (%)
FIGURE 3. TOP WINNING STRATEGIES, 2013-2017
FIGURE 4. TOP INVESTMENT POCKETS
FIGURE 5. TOP IMPACTING FACTORS
FIGURE 6. PORTER’S FIVE FORCES ANALYSIS
FIGURE 7. BARGAINING POWER OF BUYERS
FIGURE 8. BARGAINING POWER OF SUPPLIERS
FIGURE 9. DEGREE OF COMPETITION
FIGURE 10. THREAT OF NEW ENTRANTS
FIGURE 11. THREAT OF SUBSTITUTES
FIGURE 12. MARKET PLAYER POSITIONING, 2015
FIGURE 13. DRIVERS
FIGURE 14. RESTRAINTS
FIGURE 15. OPPORTUNITIES
FIGURE 16. COMPARATIVE SHARE ANALYSIS OF SSL VPN MARKET BY MODE OF REMOTE ACCESS, 2016 & 2023 (%)
FIGURE 17. COMPARATIVE SHARE ANALYSIS OF SSL VPN MARKET FOR CLIENTLESS MODE OF REMOTE ACCESS BY REGION, 2016 & 2023 (%)
FIGURE 18. GLOBAL SSL VPN MARKET FOR CLIENTLESS MODE OF REMOTE ACCESS, 2016-2023 ($MILLION)
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF SSL VPN MARKET FOR THIN-CLIENT MODE OF REMOTE ACCESS BY REGION, 2016 & 2023 (%)
FIGURE 20. GLOBAL SSL VPN MARKET FOR THIN-CLIENT MODE OF REMOTE ACCESS, 2016-2023 ($MILLION)
FIGURE 21. COMPARATIVE SHARE ANALYSIS OF SSL VPN MARKET FOR TUNNEL MODE OF REMOTE ACCESS BY REGION, 2016 & 2023 (%)
FIGURE 22. GLOBAL SSL VPN MARKET FOR TUNNEL MODE OF REMOTE ACCESS, 2016-2023 ($MILLION)
FIGURE 23. COMPARATIVE SHARE ANALYSIS OF SSL VPN BY COMPONENT, 2016 & 2023 (%)
FIGURE 24. COMPARATIVE SHARE ANALYSIS OF SSL VPN FOR SOFTWARE BY REGION, 2016 & 2023 (%)
FIGURE 25. GLOBAL SSL VPN MARKET FOR SOFTWARE, 2016-2023 ($MILLION)
FIGURE 26. COMPARATIVE SHARE ANALYSIS OF SSL VPN FOR SERVICES BY REGION, 2016 & 2023 (%)
FIGURE 27. GLOBAL SSL VPN MARKET FOR SERVICES, 2016-2023 ($MILLION)
FIGURE 28. COMPARATIVE SHARE ANALYSIS OF SSL VPN BY ORGANIZATION SIZE, 2016 & 2023 (%)
FIGURE 29. COMPARATIVE SHARE ANALYSIS OF SSL VPN FOR LARGE ORGABIZATION BY REGION, 2016 & 2023 (%)
FIGURE 30. GLOBAL SSL VPN MARKET FOR LARGE ORGANIZATIONS, 2016-2023 ($MILLION)
FIGURE 31. COMPARATIVE SHARE ANALYSIS OF SSL VPN FOR SME BY REGION, 2016 & 2023 (%)
FIGURE 32. GLOBAL SSL VPN MARKET FOR SME, 2016-2023 ($MILLION)
FIGURE 33. GLOBAL SSL VPN MARKET BY GEOGRAPHY, MARKET SHARE (2016) AND CAGR (2017-2023, %)
FIGURE 34. COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA SSL VPN BY MODE OF REMOTE ACCESS, 2016 & 2023 (%)
FIGURE 35. COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA SSL VPN BY COMPONENT, 2016 & 2023 (%)
FIGURE 36. COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA SSL VPN BY ORGANIZATION SIZE, 2016 & 2023 (%)
FIGURE 37. COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA SSL VPN BY COUNTRY, 2016 & 2023 (%)
FIGURE 38. NORTH AMERICA SSL VPN MARKET, 2016-2023 ($MILLION)
FIGURE 39. U.S. SSL VPN MARKET, 2016-2023 ($MILLION)
FIGURE 40. CANADA SSL VPN MARKET, 2016-2023 ($MILLION)
FIGURE 41. MEXICO SSL VPN MARKET, 2016-2023 ($MILLION)
FIGURE 42. COMPARATIVE SHARE ANALYSIS OF EUROPE SSL VPN BY MODE OF REMOTE ACCESS, 2016 & 2023 (%)
FIGURE 43. COMPARATIVE SHARE ANALYSIS OF EUROPE SSL VPN BY COMPONENT, 2016 & 2023 (%)
FIGURE 44. COMPARATIVE SHARE ANALYSIS OF EUROPE SSL VPN BY ORGANIZATION SIZE, 2016 & 2023 (%)
FIGURE 45. COMPARATIVE SHARE ANALYSIS OF EUROPE SSL VPN BY COUNTRY, 2016 & 2023 (%)
FIGURE 46. EUROPE SSL VPN MARKET, 2016-2023 ($MILLION)
FIGURE 47. UK SSL VPN MARKET, 2016-2023 ($MILLION)
FIGURE 48. GERMANY SSL VPN MARKET, 2016-2023 ($MILLION)
FIGURE 49. FRANCE SSL VPN MARKET, 2016-2023 ($MILLION)
FIGURE 50. REST OF EUROPE SSL VPN MARKET, 2016-2023 ($MILLION)
FIGURE 51. COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC SSL VPN BY MODE OF REMOTE ACCESS, 2016 & 2023 (%)
FIGURE 52. COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC SSL VPN BY COMPONENT, 2016 & 2023 (%)
FIGURE 53. COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC SSL VPN BY ORGANIZATION SIZE, 2016 & 2023 (%)
FIGURE 54. COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC SSL VPN BY COUNTRY, 2016 & 2023 (%)
FIGURE 55. ASIA-PACIFIC SSL VPN MARKET, 2016-2023 ($MILLION)
FIGURE 56. CHINA SSL VPN MARKET, 2016-2023 ($MILLION)
FIGURE 57. INDIA SSL VPN MARKET, 2016-2023 ($MILLION)
FIGURE 58. AUSTRALIA SSL VPN MARKET, 2016-2023 (MILLION)
FIGURE 59. REST OF ASIA-PACIFIC SSL VPN MARKET, 2016-2023 ($MILLION)
FIGURE 60. COMPARATIVE SHARE ANALYSIS OF LAMEA SSL VPN BY MODE OF REMOTE ACCESS, 2016 & 2023 (%)
FIGURE 61. COMPARATIVE SHARE ANALYSIS OF LAMEA SSL VPN BY COMPONENT, 2016 & 2023 (%)
FIGURE 62. COMPARATIVE SHARE ANALYSIS OF LAMEA SSL VPN BY ORGANIZATION SIZE, 2016 & 2023 (%)
FIGURE 63. COMPARATIVE SHARE ANALYSIS OF LAMEA SSL VPN BY COUNTRY, 2016 & 2023 (%)
FIGURE 64. LAMEA SSL VPN MARKET, 2016-2023 ($MILLION)
FIGURE 65. LATIN AMERICA SSL VPN MARKET, 2016-2023 ($MILLION)
FIGURE 66. MIDDLE EAST SSL VPN MARKET, 2016-2023 ($MILLION)
FIGURE 67. AFRICA SSL VPN MARKET, 2016-2023 ($MILLION)
FIGURE 68. ARRAY NETWORKS, INC.: FINANCIAL PERFORMANCE
FIGURE 69. BARRACUDA NETWORK, INC.: FINANCIAL PERFORMANCE
FIGURE 70. CISCO SYSTEMS, INC.: FINANCIAL PERFORMANCE
FIGURE 71. CITRIX SYSTEMS, INC.: FINANCIAL PERFORMANCE
FIGURE 72. CHECK POINT SOFTWARE TECHNOLOGIES, LTD.: FINANCIAL PERFORMANCE
FIGURE 73. F5 NETWORKS, INC.: FINANCIAL PERFORMANCE
FIGURE 74. H3C TECHNOLOGIES CO.: FINANCIAL PERFORMANCE
FIGURE 75. PULSE SECURE, LLC.: FINANCIAL PERFORMANCE
FIGURE 76. QNO TECHNOLOGY: FINANCIAL PERFORMANCE
FIGURE 77. SYMANTEC CORPORATION: FINANCIAL PERFORMANCE

Secure socket layer (SSL) is a cryptogenic protocol, which is designed to promote secure online interaction and access to data on a standard web browser. Over the time, privacy and data security of organizations have become vulnerable, which has put forth a diverse concern subjected to web security of the users. SSL tunnels information sent via the secure network to boost data safety and security. It can be accessed through three modes, including clientless, thin-client, and full network access or tunnel mode. Few of the features of SSL VPN include endpoint security compliance, cache cleaning, ease of use, and improved performance.

The global SSL VPN market is expected to account for $5,328 million by 2023, owing to increase in demand for secure remote access for employees, customers, & business partners; rise in cyber-attacks, growth in demand for cloud-based security solutions, and increase in BYOD trend. Other factors that influence the market growth include growth in awareness about the data security among organizations and need to offer secure portals of expanding businesses to overseas employees, business partners, and customers. However, the vulnerability of SSL VPN to external threats hampers the adoption of technology.

North America was the highest contributor the global SSL VPN market, owing to its technologically advanced infrastructure and a presence of large-scale organizations. Asia-Pacific SSL VPN market is expected to grow at the highest CAGR during the forecast period, owing to the development of industrial & commercial sectors, rise in awareness among organizations about data security & privacy, and high internet penetration.

The key market players in the global SSL VPN market have adopted various strategies such as product launches, partnerships, business expansions, promotional activities, and strategic alliances to create more awareness about the technology and increase their market presence.