Secure Access Service Edge Market - By Offering (Network as a Service, Security as a Service), By Organization Size (Large Enterprise, SMEs), By End-Use (BFSI, IT & Telecom, Retail, Healthcare, Government, Manufacturing), and Forecast, 2023 – 2032

Secure Access Service Edge Market Size

Secure Access Service Edge Market size was valued at over USD 1 billion in 2022 and is anticipated to grow at a CAGR of over 20% between 2023 and 2032.
 

The adoption of cloud computing and cloud-based applications has fundamentally changed the way organizations operate, with an increasing number of employees working remotely or accessing resources from outside the traditional corporate network. This shift has created new challenges for network security as organizations need to provide secure access to cloud resources from anywhere in the world. SASE addresses this challenge by providing a cloud-native, comprehensive security solution that combines networking and security capabilities into a single, unified service. As a result, the demand for SASE solutions is increasing as organizations look for ways to simplify and secure their network infrastructure while enabling remote work and cloud adoption.
 

Integrating multiple security services into a single platform, as required in SASE, can be a complex and time-consuming process that requires expertise in several areas such as networking, security, and cloud computing. The implementation of SASE also requires significant investments in infrastructure and staff training, which can be a barrier to adoption. As a result, the complexity of integrating multiple services into a single platform and the associated costs are slowing down the adoption of SASE, which could hamper its market growth in the short term.
 

Secure Access Service Edge Market Analysis

Secure access service edge market from SMEs is expected to surpass USD 4.5 billion by 2032. The adoption of cloud computing by SMEs is driving the industry expansion. SMEs are increasingly moving their operations to the cloud to improve efficiency and reduce costs. However, this also introduces new security risks and challenges that SMEs may not have the expertise or resources to address. SASE solutions can provide SMEs with a comprehensive & cloud-based security solution that can protect their data and applications from cyber threats while also offering secure remote access and compliance management. This can help SMEs improve their security posture, reduce costs, and enhance their competitiveness, driving the adoption of SASE in this market segment.
 

The secure access service edge market from government sector is expected to grow at a CAGR of over 20% during the forecasted time-period. The surging demand for cloud computing in government and public enterprises is driving the SASE industry growth. Government agencies are increasingly adopting cloud-based technologies to improve their efficiency and enhance their digital capabilities. However, this also introduces new security risks & challenges that traditional security solutions may not be able to address. SASE solutions offer a cloud-based, comprehensive security solution that can protect government data and applications from cyber threats while also providing secure remote access and compliance management. This can help governments improve their security posture, reduce costs, and enhance their digital capabilities.
 

North America secure access service edge market will record over 25% growth rate and is expected to hold share of over 40% by 2032. 5G networks are expected to provide faster and more reliable connectivity while Edge AI technology can enable real-time decision-making and analysis at the edge of the network. However, this also introduces new security risks and challenges that traditional security solutions may not be able to address. SASE solutions offer a cloud-based & comprehensive security solution that can protect data and applications from cyber threats in the context of 5G and Edge AI technology while also providing secure remote access and compliance management. This can help organizations in North America improve their security posture, reduce costs, and enhance their digital capabilities, driving the adoption of SASE in this market segment.
 

Secure Access Service Edge Market Share

The major companies operating in the secure access service edge market include :

• Akamai Technologies
• Bitglass
• Cato Networks
• Check Point Software Technologies,
• Cisco Systems
• Cloudflare
• Cyxtera
• Forcepoint
• Fortinet
• McAfee
• Netskope
• Palo Alto Networks
• SonicWall
• Versa Networks
• Zscaler

SASE vendors might consider acquiring or merging with other companies to expand their market share, acquire new capabilities, or enter new markets. In August 2022, Netskope acquired Infiot to provide competitive advantages to its partners in the Secure Access Service Edge (SASE) market. By combining the product suites of Netskope and Infiot, they provide borderless WAN capabilities and integration with key SD-WAN partners.
 

The secure access service edge market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032 for the following segments:

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By Offering

• Network as a Service (NaaS)
• Security as a Service (SaaS)

By Organization Size

• Large Enterprise
• SMEs

By End Use

• BFSI
• IT & Telecom
• Retail
• Healthcare
• Government
• Manufacturing
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • ANZ
• Latin America
  • Brazil
  • Mexico
  • Argentina
• MEA
  • GCC
  • South Africa