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Global SSL VPN Market to reach USD XX million by 2028.

Global SSL VPN Market Size study, By Component (Software, Service), By Mode of Remote Access (Tunnel, Thin-client, Clientless), By Enterprise Size (Large Enterprise, Small and Medium-sized Enterprise), and Regional Forecasts 2022-2028

Product Code: ICTICTS-28167327
Publish Date: 14-08-2022
Page: 200

Global SSL VPN Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.
The SSL VPN or secure sockets layer Virtual Private Network is a type of VPN that enables individual users to access an organization’s network, client-server applications, and internal network utilities and directories without the help of any specialized software. SSL VPNs facilitates safe, secure communication through an encrypted connection for all types of devices. SSL VPN automatically uses the newest, most updated cryptographic protocol, installed on the user’s browser. The rising incidences of data theft & breaches worldwide and increasing adoption of WFH & Hybrid work model as well as growing demand for cyber security solutions are factors that are accelerating the global market demand. For instance, according to Statista – in 2020, the global average cost of a data breach was estimated at USD 3.86 million, and the cost further increased to USD 4.24 million in 2021. Furthermore, in 2019, the global cybersecurity spending was estimated at USD 40.8 billion, and it further increased to USD 60 billion by 2021. Moreover, in December 2020, Array Networks, network functions platform company received ICSA Labs SSL-TLS VPN 4.0 certification for its AG Series SSL VPN Appliances (vxAG on AVX7800). USA based ICSA Labs, is an independent division of Verizon, which develops and performs comprehensive, unbiased, third-party security certification testing. Also, growing emergence of cloud-based security solutions and increasing trend of Bring your own device (BYOD) are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, Vulnerability of SSL VPN to external threats impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global SSL VPN Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing adoption of SSL VPN network products and presence of leading market players. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of IT sector and increasing penetration of hybrid work culture in the region, would create lucrative growth prospects for the global SSL VPN Market across the Asia Pacific region.

Major market players included in this report are:
Array networks Inc.
Barracuda Network, Inc.
Cisco Systems, Inc.
Citrix Systems, Inc.
Check Point Software Technologies, Ltd.
F5 Networks, Inc.
H3c Technologies Co.
Pulse Secure, LLC.
Qno Technology
Symantec Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component
Software
Service
By Mode of Remote Access
Tunnel
Thin client
Clientless
By Enterprise Size
Large Enterprise
Small and Medium-sized Enterprise
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global SSL VPN Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
1.2.1. SSL VPN Market, by Region, 2020-2028 (USD Million)
1.2.2. SSL VPN Market, by Component, 2020-2028 (USD Million)
1.2.3. SSL VPN Market, by Mode of Remote Access, 2020-2028 (USD Million)
1.2.4. SSL VPN Market, by Enterprise Size, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global SSL VPN Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global SSL VPN Market Dynamics
3.1. SSL VPN Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Rising incidences of data theft & breaches worldwide.
3.1.1.2. Increasing adoption of WFH & Hybrid work models.
3.1.1.3. Growing demand for cybersecurity solutions.
3.1.2. Market Challenges
3.1.2.1. Vulnerability of SSL VPN to external threats.
3.1.3. Market Opportunities
3.1.3.1. Growing emergence of cloud-based security solutions.
3.1.3.2. Increasing trend of Bring your own device (BYOD).
Chapter 4. Global SSL VPN Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global SSL VPN Market, by Component
6.1. Market Snapshot
6.2. Global SSL VPN Market by Component, Performance – Potential Analysis
6.3. Global SSL VPN Market Estimates & Forecasts by Component 2018-2028 (USD Million)
6.4. SSL VPN Market, Sub Segment Analysis
6.4.1. Software
6.4.2. Service
Chapter 7. Global SSL VPN Market, by Mode of Remote Access
7.1. Market Snapshot
7.2. Global SSL VPN Market by Mode of Remote Access, Performance – Potential Analysis
7.3. Global SSL VPN Market Estimates & Forecasts by Mode of Remote Access 2018-2028 (USD Million)
7.4. SSL VPN Market, Sub Segment Analysis
7.4.1. Tunnel
7.4.2. Thin-client
7.4.3. Clientless
Chapter 8. Global SSL VPN Market, by Enterprise Size
8.1. Market Snapshot
8.2. Global SSL VPN Market by Enterprise Size, Performance – Potential Analysis
8.3. Global SSL VPN Market Estimates & Forecasts by Enterprise Size 2018-2028 (USD Million)
8.4. SSL VPN Market, Sub Segment Analysis
8.4.1. Large Enterprise
8.4.2. Small and Medium Sized Enterprise
Chapter 9. Global SSL VPN Market, Regional Analysis
9.1. SSL VPN Market, Regional Market Snapshot
9.2. North America SSL VPN Market
9.2.1. U.S. SSL VPN Market
9.2.1.1. Component estimates & forecasts, 2018-2028
9.2.1.2. Mode of Remote Access estimates & forecasts, 2018-2028
9.2.1.3. Enterprise Size estimates & forecasts, 2018-2028
9.2.2. Canada SSL VPN Market
9.3. Europe SSL VPN Market Snapshot
9.3.1. U.K. SSL VPN Market
9.3.2. Germany SSL VPN Market
9.3.3. France SSL VPN Market
9.3.4. Spain SSL VPN Market
9.3.5. Italy SSL VPN Market
9.3.6. Rest of Europe SSL VPN Market
9.4. Asia-Pacific SSL VPN Market Snapshot
9.4.1. China SSL VPN Market
9.4.2. India SSL VPN Market
9.4.3. Japan SSL VPN Market
9.4.4. Australia SSL VPN Market
9.4.5. South Korea SSL VPN Market
9.4.6. Rest of Asia Pacific SSL VPN Market
9.5. Latin America SSL VPN Market Snapshot
9.5.1. Brazil SSL VPN Market
9.5.2. Mexico SSL VPN Market
9.6. Rest of The World SSL VPN Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Array networks Inc.
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Barracuda Network, Inc.
10.2.3. Cisco Systems, Inc.
10.2.4. Citrix Systems, Inc.
10.2.5. Check Point Software Technologies, Ltd.
10.2.6. F5 Networks, Inc.
10.2.7. H3c Technologies Co.
10.2.8. Pulse Secure, LLC.
10.2.9. Qno Technology
10.2.10. Symantec Corporation
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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Data Collection:
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Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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