Global Secure Access Service Edge Market

Secure Access Service Edge (SASE) Market Size, Share, Growth Analysis, By Component(Platform, Services), By Offering(Network as a Service, and Security as a Service), By Organization Size(SMEs, and Large Enterprises), By Application(IT & Telecom, BFSI, Retail & e-Commerce, Healthcare), By Region - Industry Forecast 2024-2031


Report ID: SQMIG45A2327 | Region: Global | Published Date: June, 2024
Pages: 157 | Tables: 132 | Figures: 77

Secure Access Service Edge (SASE) Market Dynamics

Secure Access Service Edge (SASE) Market Drivers

Rising Number of Remote Workers 

  • Remote working is a key trend in the global corporate landscape. This has led to a wide number of people accessing a company’s network from different parts of the world, which demands a better security solution. Secure access service edge offers help in managing security from all remote devices and minimizing the risk of data breaches.    

Migration on Cloud 

  • Cost benefits and easy scalability are key factors that are pushing organizations to opt for cloud technologies and platforms. Migration from personal networks to cloud platforms is also expected to drive secure access service edge demand outlook in the future.  

Restraints 

Vendor Lock-in 

  • Organizations can become dependent on a single secure access service edge provider, and this could limit their capabilities of expansion, flexibility, and scalability. Hence, vendor lock-in is estimated to be a key restraint for secure access service edge market development.  

Complexity in Migration 

  • Migrating from a regular security or general network security solution to secure access service edge is quite a complex one. This requires extensive expertise, planning, and resources, which impedes secure access service edge adoption to a certain extent.
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FAQs

Global secure access service edge market size was valued at USD 1.23 billion in 2022 and is poised to grow from USD 1.68 billion in 2023 to USD 20.10 billion by 2031, growing at a CAGR of 36.4% in the forecast period (2024-2031).  

Secure access service edge companies need to stay updated with the latest security threats and trends to keep their products relevant. Improving the capabilities of access without compromising security will be a priority for all secure access service edge companies. Collaborations, mergers, and acquisitions will be perfect strategies for established market players looking to maximize their market presence. Launching new and updated secure access service edge solutions will be a top priority for new as well as leading secure access service edge providers in the future. 'Barracuda Networks, Inc. (US)  ', 'Cato Networks (Israel)  ', 'Check Point Software Technologies Ltd. (US)  ', 'Cisco (US)  ', 'Hewlett Packard Enterprise Development LP (US)  ', 'McAfee, LLC (US)  ', 'Open Systems (Switzerland) (US)  ', 'Palo Alto Networks (US)  ', 'Versa Networks, Inc. (US)  ', 'VMware, Inc. (US)  ', 'Fortinet Inc (US)  ', 'Cloudflare Inc. (US)  ', 'Forcepoint (US)  ', 'Akamai (US)  ', 'Zscaler (US)  ', 'Netskope (US)  ', 'Citrix (US)  ', 'Proofpoint (US)   ', 'NordLayer (US)  ', 'Aruba Networks (US)'

Remote working is a key trend in the global corporate landscape. This has led to a wide number of people accessing a company’s network from different parts of the world, which demands a better security solution. Secure access service edge offers help in managing security from all remote devices and minimizing the risk of data breaches.    

High spending of all organizations on improving their security is helping North America secure a top spot in the global secure access service edge market. Rising prevalence of cyberattacks and increasing complexity of networks and IT infrastructure are also estimated to promote the adoption of secure access service edge going forward. The United States is slated to be the top country for any secure access service edge provider looking to establish themselves in the North American region. Moreover, high emphasis on regulatory compliance will also help promote secure access service edge adoption in this region.

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Global Secure Access Service Edge Market

Report ID: SQMIG45A2327

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