Global Remote-Access VPN Market Size By Type (SSL VPN, IPsec VPN), By Application (Large Enterprises, Small and Medium Sized Business), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Remote-Access VPN Market Size By Type (SSL VPN, IPsec VPN), By Application (Large Enterprises, Small and Medium Sized Business), By Geographic Scope And Forecast
Remote-Access VPN Market Size And Forecast
Remote-Access VPN Market size was valued at USD 46 Billion in 2023 and is projected to reach USD 50.1 Billion by 2030,growing at a CAGR of 23.4% during the forecast period 2024-2030.
In today’s world where data has become the food for companies, the security of data is very important for the benefit of the businesses. With the help of remote access VPN, data is safe and secure while used from various locations. The Global Remote-Access VPN Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Remote-Access VPN Market Definition
A remote access VPN permits an individual user to establish safe and secure connections with a remote computer network. When a remote access VPN is used, it helps the individual to access the secure resources on the remote computer network in such a way that they were directly plugged into the network’s servers.With the help of remote access VPNs, hosts, and clients, such as mobile users, extranet consumers, and telecommuters can access the network of the company securely over the internet. Every host that uses remote access VPN typically has VPN client software loaded or uses an internet-based client.
The remote access VPN host or client usually has VPN client software. If the host sends any piece of data the VPN client software encrypts the information and encapsulates it before sending it over the web to the VPN gateway at the edge of the target network. While receiving the data, the VPN gateway handles the data in the same manner as it would handle the data from a site-to-site VPN.
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Global Remote-Access VPN Market Overview
The remote access VPN offers several advantages for businesses. Data security is the most important benefit that is provided by the remote access VPN. In today’s world where data has become the food for companies, the security of data is very important for the benefit of the businesses. With the help of remote access VPN, data is safe and secure while used from various locations. This major factor of data security will fuel the market significantly over the forecast period. The remote access VPN helps the employees to work from home or anywhere else if they want to. This growing trend of working from home or not being able to visit the office due to some reason but at the same time accessing the computer networks of the workspace for particular task completion will foster market growth substantially over the forecast period.
Low costs of remote access VPN are another major factor that will fuel the market growth over the forecast period. Businesses are aiming to look for affordable remote access VPNs which helps them to fulfill the needs of employee to work from home and keeping them happy will surge the demand over the projected period. However, remote access VPN can have a negative impact as it may reduce the web browsing speed which may act as a restraint for the market during the forecast period. As per the technological advancements in the IT sector, the remote access VPN will witness great opportunities for the growth of the market in the coming years.
Global Remote-Access VPN Market Segmentation Analysis
The Global Remote-Access VPN Market is segmented on the basis of Type, Application, And Geography.
Remote-Access VPN Market, By Type
SSL VPN
IPsec VPN
Based on Type, the market is bifurcated into SSL VPN and IPsec VPN. With the help of technological advancements and rapid digitalization, both segments will witness significant market growth over the forecast period. Site-to-site connectivity is made safe with the use of an SSL VPN. It is used with a standard web browser and does not need to install as compared to the IPsec segment. It will account for a significant market share over the forecast period with subsequent growth in its CAGR.
Remote-Access VPN Market, By Application
Large Enterprises
Small and Medium Sized Business
Government Sectors
Research Institutes and Universities
Others
Based on Application, the market is bifurcated into Large Enterprises, Small and Medium Sized Business, Government Sectors, Research Institutes and Universities, and Others. Large enterprises require a safe way for data transmission which is provided by the remote access VPN which will result in growth of the market over the forecast period. Research institutes and universities will account for significant market growth in the coming years with gradual growth in their CAGR.
Remote-Access VPN Market, By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Based on Geography, the Global Remote-Access VPN Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific region will witness major market growth over the forecast period due to the rapid digitalization and urbanization in emerging economies such as India and China. Increasing internet awareness will drive market growth in this region over the forecast period. Europe will have significant market growth in coming years owing to the countries such as Germany, the UK, France, and the rest of Europe. Increasing technological advancements in the IT sector will boost the market significantly over the forecast period. North American region will witness substantial market growth in coming years and will account for the major market share over the forecast period.
Key Players
The “Global Remote-Access VPN Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Cisco, Check Point, Array Networks, SonicWALL, Sangfor, LeadSec, AEP, Symantec, F5, Pulse Secure. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of product, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Remote-Access VPN Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Remote-Access VPN Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post sales analyst support
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