Secure Access Services Edge Market By Offering (Network as a Service, Security as a Service), By Organization SIze (Large Enterprises, SMEs), By Application (Government, BFSI, Retail and eCommerce, IT and ITeS, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032
Secure access service edge (SASE) is a framework for network architecture that brings cloud-native security technologies—SWG, CASB, ZTNA, and FWaaS in particular—together with wide area network (WAN) capabilities to securely connect users, systems, and endpoints to applications and services anywhere. In addition, numerous benefits, such as efficient decision-making, realistic expectations, escalation, and focus on risk, associated with secure access services edge solutions are the lucrative factors that boost the market growth.
Growing emphasis on remote work environments across regions is one of the major driving factors for the secure access services edge market. With a significant piece of the worldwide labor force working in modern office conditions, associations are confronted with elevated online protection gambles. The presence of distant workers who get close enough to corporate organizations and delicate data from various areas and gadgets prompts weaknesses that pernicious people exploit. Thus, there is a growing demand for real-time identification, monitoring, and response capabilities provided by secure access services edge solutions. These solutions enable organizations to safeguard remote access points, detect and mitigate risks aimed at remote workers, and ensure secure connectivity, making them essential in the current landscape of remote work.
Furthermore, the market is profoundly influenced by considerable expenses related to secure access services edge solutions and services. Primarily, these expenses serve as a deterrent for smaller and medium-sized organizations (SMEs) with constrained budgets. SMEs perceive secure access services edge solutions as a financial burden, leading to insufficient investment in cybersecurity measures and rendering them vulnerable to cyber threats. In addition, even larger organizations exhibit hesitation in allocating substantial resources to secure access services edge solutions, particularly when faced with competing budgetary demands.
The notable factors positively affecting the secure access services edge market include an increase in the integration of regulatory and data protection laws and a rise in demand for security services. However, the lack of awareness about security services among enterprises and high cost of implementation hinder market growth. However, surge in adoption of cloud-based solutions offer lucrative market opportunities for market players.
The security access services edge market is segmented on the basis of offering, organization size, application, and region. By component, the market is segmented into network as a service and security as a service. On the basis of organization size, the market is segmented into large enterprises and SMEs. On the basis of application, the market is segmented into government, BFSI, retail and e-commerce, IT and ITeS, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, Latin America and MEA.
This report further frameworks the latest things and key areas of the venture. Moreover, it incorporates Porter’s five powers examination to grasp the competitive situation of the business and the role of every stakeholder. The report includes the methodologies embraced by key market players to keep up with their traction in the market. Furthermore, it highlights the competitive landscape of key market players to increase their market share and sustain intense competition in the industry. The key players operating in the market include McAfee, Netskope, Palo, Alto Networks, Cato Networks, VMware, Check Point Software Technologies, Fortinet, Cisco Systems, Inc., Zscaler and Versa Networks.
KEY BENEFITS FOR STAKEHOLDERSThe study provides an in-depth analysis of the security access services edge market forecast along with the current and future trends to explain the imminent investment pockets.
Information about key drivers, restraints, and opportunities and their impact analysis on security access services edge market trends is provided in the report.
The Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
The quantitative analysis of the security access services edge market from 2022 to 2032 is provided to determine the market potential.
Key Market SegmentsBy OfferingSecurity as a Service
Network as a Service
By Organization SIzeLarge Enterprises
SMEs
By ApplicationGovernment
BFSI
Retail and eCommerce
IT and ITeS
Others
By RegionNorth America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Latin America
Argentina
Brazil
Colombia
Rest of Latin America
Middle East and Africa
Saudi Arabia
South Africa
UAE
Rest of Middle East And Africa
Key Market Players
McAfee
Netskope, Inc.
Palo Alto Network
Cato Networks
VMware
Check Point Software Tech. Ltd.
Fortinet
Cisco Systems Inc.
Zscaler, Inc.
Versa Networks, Inc.
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