Secure Access Service Edge Market by Component (Platform, Services), Organization Size (Large Enterprise, SMEs), Application - Global Forecast 2024-2030

Secure Access Service Edge Market by Component (Platform, Services), Organization Size (Large Enterprise, SMEs), Application - Global Forecast 2024-2030

The Secure Access Service Edge Market size was estimated at USD 2.11 billion in 2023 and expected to reach USD 2.90 billion in 2024, at a CAGR 37.58% to reach USD 19.78 billion by 2030.

Secure access service edge (SASE) integrates network and Security-as-a-Service operations and delivers them as a single cloud service. SASE allows organizations to unify their network and security tools in a single management console. The rising demand for flexible, consistent, and secured networks at workspaces is driving the use of SASE. Technical limitations of secure access service edge can pose a challenge to product penetration in the market. The challenges associated with SASE deployments may impede this progress moderately, given its complex structure. Additionally, increasing data centers and applications in end-user sectors present various opportunities for businesses to expand their portfolio and increase profitability.

Regional Insights

The market in the Americas is growing significantly due to technological advancements, information technology (IT) infrastructure expenditure, and rising cloud usage, which drive new market players to enter the regional market. The growing number of cyberattacks targeting significant businesses and the negative impact of these attacks on the industry are the factors driving IT investment in the Americas. Asia-Pacific is anticipated to grow significantly due to increased companies in China, Japan, and India making huge expenditures to ensure IT infrastructure security. The expanding digital workforce and the ongoing acceptance of businesses in the Asia-Pacific are also driving the regional secure access service edge market.

Market Insights

• Market Dynamics
  
  The market dynamics represent an ever-changing landscape of the Secure Access Service Edge Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
  • Market Drivers
    • Rising Demand for Flexible Consistent and Secured Network at Workspaces
    • Increasing IT Infrastructure and Associated Complexity
    • Growth in Remote Workforce and Adoption of Cloud Based Services
    • Market Restraints
      • Technical Limitations of SASE
      • Market Opportunities
        • Continuous Technological Advancements in the Network Security Field
        • Increasing Number of Data Centers and Application in End-User Sectors
        • Market Challenges
          • Challenges Associated With SASE Deployments
          • Market Segmentation Analysis
            • Component: Use of SASE platforms for unified policy management and simplified architecture
            • Application: Need to ensure security and reliability in the BFSI sector activities
            • Market Disruption Analysis
            • Porter’s Five Forces Analysis
            • Value Chain & Critical Path Analysis
            • Pricing Analysis
            • Technology Analysis
            • Patent Analysis
            • Trade Analysis
            • Regulatory Framework Analysis
            FPNV Positioning Matrix
            
            The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Secure Access Service Edge Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
            
            Market Share Analysis
            
            The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Secure Access Service Edge Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
            
            Recent Developments
            • Accenture and Palo Alto Networks to Provide Integrated Prisma SASE Solutions to Help Organizations Improve Cyber Resilience
              
              Accenture has announced a collaboration with Palo Alto Networks to deliver integrated Prisma SASE solutions. This new solution promises to deliver a more efficient and secure network that increases cyber resilience through a range of cloud-delivered security services. By combining the expertise of Accenture and Palo Alto Networks, organizations can benefit from greater security capabilities, streamlined operations and improved compliance. With cyber threats on the rise, it's imperative that companies have the necessary tools to protect their networks and their sensitive data. Prisma SASE solutions ensure that organizations can operate safely and with confidence, safeguarding against existing and emerging cyber threats.
              
              Aryaka expands Check Point partnership with managed SASE security services
              
              Aryaka, a provider of SD-WAN solutions, has announced the expansion of their partnership with Check Point, a cybersecurity company, to offer managed Secure Access Service Edge (SASE) security services. This collaboration is aimed at meeting the urgent need for secure remote work environments amidst the COVID-19 pandemic. The SASE solution consolidates a multitude of security functions, including firewall, VPN, and zero-trust access, into one cloud-native platform. The partnership will provide customers with a comprehensive SASE solution that is easy to deploy and manage, driving better business outcomes. The expanded partnership is a testament to Aryaka's commitment to providing best-in-class cybersecurity solutions to clients.
              
              Cradlepoint acquires cloud security provider to integrate 5G, SASE
              
              Networking solutions provider Cradlepoint recently acquired a cloud security provider with the goal of integrating 5G Secure Access Service Edge (SASE) capabilities into their platform. This move is reflective of the industry trend towards increased security measures with the emergence of 5G technology. Cradlepoint's acquisition will enable them to offer customers a more robust and secure networking solution, addressing the pressing need for reliable and protected communication in the ever-evolving digital landscape. With SASE's cloud-based approach to network security, Cradlepoint's clients can rest easy knowing that their data is kept secure on all fronts.
            Strategy Analysis & Recommendation
            
            The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Secure Access Service Edge Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
            
            Key Company Profiles
            
            The report delves into recent significant developments in the Secure Access Service Edge Market, highlighting leading vendors and their innovative profiles. These include Akamai Technologies, Inc., Aryaka Networks, Inc., Barracuda Networks, Inc. by KKR, BlueAlly, Inc., Broadcom, Inc., BT Group, Cato Networks, Ltd., Check Point Software Technologies Ltd., Cisco Systems, Inc., Cloud Software Group, Inc., Cloud4C Services, Cloudflare, Inc., Exclusive Networks SA, Forcepoint LLC, Fortinet, Inc., GENIANS, INC, Hewlett Packard Enterprise Development LP, International Business Machines Corporation, Juniper Networks, Inc., McAfee, LLC, Microsoft Corporation, Netskope, Inc., Nord Security Inc., NTT Ltd., Open Systems AG by Emerson Electric Co., Palo Alto Networks, Inc., Perimeter 81 Ltd., SentinelOne, Inc., SonicWall, Inc., Versa Networks, Inc., VMware, Inc., Zentera Systems, Inc., and Zscaler, Inc..
            
            Market Segmentation & Coverage
            
            This research report categorizes the Secure Access Service Edge Market to forecast the revenues and analyze trends in each of the following sub-markets:
            • Component
              • Platform
              • Services
              • Organization Size
                • Large Enterprise
                • SMEs
                • Application
                  • BFSI
                  • Energy & Utilities
                  • Government
                  • Healthcare
                  • IT & Telecom
                  • Manufacturing
                  • Retail & Ecommerce
                  • Region
                    • Americas
                      • Argentina
                      • Brazil
                      • Canada
                      • Mexico
                      • United States
                        • California
                        • Florida
                        • Illinois
                        • New York
                        • Ohio
                        • Pennsylvania
                        • Texas
                        • Asia-Pacific
                          • Australia
                          • China
                          • India
                          • Indonesia
                          • Japan
                          • Malaysia
                          • Philippines
                          • Singapore
                          • South Korea
                          • Taiwan
                          • Thailand
                          • Vietnam
                          • Europe, Middle East & Africa
                            • Denmark
                            • Egypt
                            • Finland
                            • France
                            • Germany
                            • Israel
                            • Italy
                            • Netherlands
                            • Nigeria
                            • Norway
                            • Poland
                            • Qatar
                            • Russia
                            • Saudi Arabia
                            • South Africa
                            • Spain
                            • Sweden
                            • Switzerland
                            • Turkey
                            • United Arab Emirates
                            • United Kingdom
                            
                            
                            Please Note: PDF & Excel + Online Access - 1 Year