|By Business Wire||
|January 29, 2013 11:11 AM EST||
Research and Markets (http://www.researchandmarkets.com/research/snltfj/global_secure) has announced the addition of the "Global Secure Socket Layer Virtual Private Network Market 2012-2016" report to their offering.
TechNavio's analysts forecast the Global SSL VPN market to grow at a CAGR of 4.02 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need for improved access control. The Global SSL VPN market has also been witnessing the market domination by the top three vendors. However, the security issues faced by SSL VPN could pose a challenge to the growth of this market.
The key vendors dominating this market space are Juniper Networks Inc., Citrix Systems Inc., Cisco Systems Inc., and F5 Networks Inc.
The other vendors mentioned in the report are Array Networks Inc., SonicWall Inc., Microsoft Corp., AEP Networks Inc., Sangfor Technologies co. Ltd., PortWise Inc., and NeoAccel Inc.
Commenting on the report, an analyst from TechNavio's Telecom team said: The main trend witnessed by the Global Secure Socket Layer (SSL) Virtual Private Network (VPN) market is the increase in the domination of global telecom giants at the cost of smaller niche players. The top four vendors, Juniper Networks, Cisco, Citrix, and F5 Networks are experiencing intense competition among themselves, and they are experiencing increasing growth at the cost of the niche players. The market is expected to witness acquisitions in the near future, and only the vendors that have solutions to cater to the needs of the rapidly-growing Wireless market will survive.
According to the report, one of the major drivers is the increasing adoption of mobile broadband. As mobile broadband is necessary to download and use mobile applications, its availability will encourage end-users to download applications and improve the functionalities of their mobile devices.
For more information visit http://www.researchandmarkets.com/research/snltfj/global_secure