Secure Access Service Edge (SASE) Market is Segmented By Component (Platform, Service), By Offering (Network as a service, Security as a service), By Organization Size (Large Enterprise, SMEs), By End-User (Government, BFSI, Retail and eCommerce, IT and ITeS, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030
Market Overview
Secure access service edge (SASE) market reached Size is expected to record significant growth by reaching up to USD million by 2029, growing at a CAGR of 27.50% during the forecast period (2023-2030).
Market Scope and Summary
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Metrics |
Details |
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Market CAGR |
27.5% |
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Segments Covered |
By Offering, By Component, By Organization Size, By End-User, and By Region |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
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Fastest Growing Region |
Asia Pacific |
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Largest Market Share |
North America |
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\SASE combines cloud networking and security for simplification, scalability, flexibility, and all-encompassing security. SASE provides secure, optimal, and automated access to cloud applications and workloads by extending software-defined networking and security to the doorsteps of major IaaS and SaaS providers by combining network security functions with WAN capabilities. SASE provides unified, safe access from a single management platform, regardless of the location of users and applications.
Market Dynamics and Trends
The ability to reduce the complexity and cost of IT structure is a major market driver for the global secure access service edge (SASE) market. Nonetheless, the incapability of holding the data and determining its results before sending it restricts the market growth.
The ability to reduce the complexity and cost of IT structure
The traditional network-based security model has reached its limit, with data spread across cloud applications and SaaS services and users frequently work from anywhere. To compensate, organizations have been forced to deploy additional services to fill security gaps, significantly increasing deployment, management, and operating costs with a team that is not growing quickly enough. Even with this cost and complexity increase, the network security model cannot scale, is not agile, and is simply ineffective in a digital world.
Instead of attempting to solve a modern problem with a legacy concept, SASE flips the security model. While legacy approaches focus on creating perimeters around applications, SASE focuses on the entities that access the applications, such as users, and brings security as close to the entity as possible. As a cloud service, SASE dynamically allows or denies service connections based on an organization's defined business rules through a single service that combines previously distinct functions such as SWG, and ZTNA, among other similar acronyms. As a result, the demand for secure access service edge (SASE) in the modern corporate landscape is rising, thus boosting the sales and other market prospects for the global secure access service edge (SASE) market.
The incapability of holding the data and determining its results before sending it
Traditional approaches to perimeter security relied on a firewall-based model that examined packet streams and determined risk based on the inspection of those streams. While this model worked well for perimeter-based security, it fails to meet the new challenges of a SASE-based deployment.
The biggest problem with a firewall architecture operating as a service is that it detects threats after they have occurred, enabling them to reach their destination before being revealed due to the inability to hold the data and determine its results before sending it. As a result, the decryption and data protection becomes extremely difficult and often require the stream to be held and reassembled, much like a proxy. Because these functions require the stream to be held and reassembled, similar to a proxy, this limitation makes session decryption and data protection extremely difficult. Furthermore, SASE necessitates a single-pass architecture to process all content at once. Stream-based firewall offerings also expose the source IP address of the host network to potential adversaries, effectively advertising their attack surface and potentially leading to targeted attacks.
COVID-19 Impact on Secure Access Service Edge (SASE) Market Growth
Adopting rapid digital transformation strategies in response to COVID-19 has resulted in an immediate increase in the number of access points and endpoints, which has resulted in a rapid increase in data, followed by other issues such as performance, accessibility, security, and increased IT costs, necessitating secure access service edge (SASE) solutions and services. COVID-19 has increased the importance of centrally managing multiple cloud resources in organizations. Similarly, digital business practices became the new Business Continuity Plan (BCP) for many organizations. With the widespread use of BYOD devices, the WFH trend, and global internet penetration, people are increasingly inclined to use digital technologies such as cloud solutions, steering the need for cybersecurity measures to protect against cyber-attacks. As a result, there is an increase in the demand for secure access service edge (SASE) solutions and services to ensure the security of cloud services, applications, and infrastructure.
Nonetheless, as cyber-attacks have spiked, cloud-based secure access service edge (SASE) solutions and services are in high demand due to benefits such as scalability and external expertise. Further, since the current model of work culture is widely accepted across the globe and the chances of returning to the previous one are negligible, the market prospects for the secure access service edge (SASE) market are expected to increase even after the pandemic is completely complete obliterated.
Segmentation Analysis
The global secure access service edge (SASE) market is classified based on component, offering, organization size, end-user, and region.
Rising number of SMEs and cases of cyber attacks
SMEs are constantly working to streamline their business models to achieve greater business efficiency. SMEs across industries lack stringent security measures to protect their data, networks, endpoints, and applications. Since cyber-attackers frequently target them, these small and medium businesses require cybersecurity solutions to combat the ever-changing threat landscape. Sophisticated cyber-attacks easily evade traditional security systems. As a result, SMEs must transition from traditional cybersecurity solutions to cloud-based cybersecurity solutions to secure their web and mobile applications and network infrastructure throughout the development, production, and implementation phases.
With SMEs focusing on cloud-based solutions, cloud-based data protection solutions, and service providers are expected to see massive growth opportunities, such as protecting SMEs' data from security breaches and vulnerabilities. Cloud-based security solutions help meet the increasing demand for IT security. SMEs have become more inclined to adopt cloud-based security solutions and cloud-based security service providers can capitalize on this opportunity by providing custom-based security services to enterprises worldwide.
Geographical Shares
Rapidly rising APTs increase SASE's market share in North America (SASE).
North America includes technologically advanced countries that hugely contribute to the secure access service edge (SASE) market. Regarding security architecture and technological development, North America is progressing and adaptable. Adopting vulnerability and security management and multiple local vendors providing secure access service edge (SASE) solutions will drive regional market growth. North American businesses are increasingly implementing the appropriate solutions to enable data protection, information breaches, and commercial espionage and guarantee data security and privacy for business operations. With advanced persistent threats (APTs) and targeted attacks on IT infrastructure, there is a higher need for advanced secure access service edge (SASE) solutions. Several large enterprises and rapidly growing SMEs call the region home, with the principal goal of implementing secure access service edge (SASE) solutions.
Companies and Competitive Landscape
The global secure access service edge (SASE) market is a niche in terms of global and local producer numbers and strengths. Because of the limited number of developers, such as Cisco Systems Inc, VMware Inc, Fortinet Inc, Palo Alto Networks Inc, Akamai Technologies Inc, Zscaler Inc, Cloudflare Inc, Cato Networks, Versa Networks Inc and Forcepoint, the market is consolidated. To gain a competitive advantage and recognition in their respective markets, pivotal market stakeholders use tactics such as mergers, acquisitions, product launches, contributions, and collaborations.
Overview: Cisco Systems was founded in 1984 and is headquartered in San Jose, California, U.S. Cisco Systems, Inc. develops, manufactures, and sells Internet Protocol (IP)-based networking and other products in the communications and information technology (IT) industries, as well as providing services related to these products and their use. The company makes products that transport data, voice, and video within buildings, across campuses, and worldwide. Cisco focuses on niche technology markets such as the Internet of Things (IoT), domain security, and energy management.
Product Portfolio:
- Secure Access Service Edge (SASE): Cisco's SASE system incorporates leading network and security capabilities in a single, cloud-native service to help control access wherever users and applications reside. Cisco's global cloud infrastructure provides best-in-class networking and security capabilities to deliver simple, flexible solutions that scale to meet clients' requirements. Cisco has also introduced the option to acquire all core SASE product components in a single offer with the versatility to easily transition to a single subscription service in the future, allowing organizations to begin using Cisco's integrated architecture immediately. Cisco delivers almost every building block of SASE architecture, including remote access, best-in-class networking, zero-trust network access, cloud security, and observability.
Key Development:
- Cisco, a major networking and security enterprise, introduced a new, enlarged Secure Access Service Edge (SASE) offer on March 30, 2021. The respective expansion is a significant step forward in Cisco's journey to simplify security and networking by assisting network operations (NetOps) and security operations (SecOps) teams by securely connecting users to applications. Cisco also officially confirmed improvements to its cloud-native platform, SecureX, to help it manage new and emerging threats more quickly and effectively.
