This Frost & Sullivan research service titled World SSL VPN Markets provides market forecasts and segment analysis for SSL VPN markets along with a competitive analysis of SSL VPN vendors.
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
Network security
Technologies
The following technology is covered in this research:
SSL VPN appliances
Market Overview
Globalization of Businesses Encourages Vendors of Secure Sockets Layer Virtual Private Network Devices
The emergence of global enterprises is encouraging vendors of secure sockets layer virtual private network (SSL VPN) devices by aiding exponential aggregate growth rate in the market. Globalization of businesses involves regional concentrations of multinational work forces, growing acceptance of remote employees, and increasingly mobile workers. In such a scenario, enterprises will be compelled to depend on SSL VPN products to refine their business models and leverage access to new consumer as well as labor markets.
The increase in the number of remote workers can be attributed to the synergistic relationships between novel communications technologies, greater stress on the global economic infrastructure, and the growing realization among enterprises about the cost and time savings gained through a remote work force. "The SSL VPN market is expected to witness a huge boost since many remote workers communicate with their corporate headquarters from more than one location," says the analyst of this research service. "Moreover, the increased distribution of global work forces often requires a higher frequency of travel for decision makers, which can be eliminated by using SSL VPN devices."
Security Regulations Prompt Companies to Deploy SSL VPN Devices
Enterprises’ need to comply with vertical-specific security legislation continues to be one of the biggest drivers of SSL VPN products. Various regulations and acts including Sarbanes-Oxley, Gramm-Leach-Bliley (GLB), and European directives such as Basel II affecting the financial sector are aiding the uptake of these devices. The market has benefited even from the Health Insurance Portability and Accountability Act (HIPAA) legislation, which mandates security compliance in the healthcare vertical. Network security, and thereby SSL VPN, has gained added impetus with the passing of the Federal Information Security Management Act (FISMA) and Patriot Act, which are aimed at tackling cyber-terrorism.
"Both the HIPAA and the GLB acts are having an especially positive effect on the application-level remote access gateway market," observes the analyst. "These laws provide increased security of data both within and outside the network and vendors are reporting sales derived specifically from these new laws." Although the market is currently riding this crest, the impact of security legislation on the market is likely to wane in the next five to seven years, as fewer industries will have to follow these regulations.