Secure Access Service Edge Market Size and Share Analysis by Offering Type (Network as a Service, Security as a Service), Organization Size (Large, Small and Medium), Vertical (Government, BSFI, Retail and E-Commerce, IT and Telecommunications, Healthcare) - Global Industry Growth Forecast to 2030

Secure Access Service Edge Market Size & Share

The secure access service edge (SASE) market generated revenue of USD 2,171.5 million in 2023, which is expected to witness a CAGR of 26.1% during 2024–2030, reaching USD 10,588.5 million by 2030. It is attributed to the increasing demand for remote work, rising cloud adoption, surging number of cyberattacks, and rampant digitalization.

• The need for secure and efficient access has fueled the adoption of SASE.
• Accommodating the need for secure cloud access, SASE provides an ideal solution to decrease the threat of cyberattacks.
• The global push towards digitalization has also accelerated the growth of the SASE market.

Market Trends & Drivers

SASE has become the top priority of organizations due to the benefit of joining networks and security solutions in a cloud-based platform. COVID-19 has increased the demand for remote work, which further raised the demand for these solutions since it helps use the resources of the corporation safely and efficiently from any location.

• Applications and corporate data can be easily accessible by employees in a secure way from anywhere, on any device, without compromising data security.
• This is achieved by implementing a zero-trust model, which focuses on the identity of the user, device compatibility, and framework in which access is requested, rather than depending on the old models.

Today, many organizations are combating massive cyberattacks, which affect the whole business.

• In June 2023, there was a cyberattack on AIIMS, Delhi, which was successfully thwarted.
• This was the second cyberattack on the national healthcare institution in the twelvemonth; the first occurred in November 2023, wherein 1TB medical records of 3–4 crore patients were hacked.

Organizations are continuously seeking to deploy advanced security systems to prevent these attacks. Further, they are adopting cloud security services due to the void created by cyberattacks. Additionally, with the deployment of advanced systems, it is also mandatory to follow the data protection laws of countries.

SASE reduces difficulty and cost, helps users in secure access, and enables more-secure remote and mobile access. The growth in the usage of mobile devices growth and IoT propels the demand for active and quick access to network resources from remote places and devices (IoT). SASE delivers solutions that are scalable and adaptive and can adapt to the changing requirements of companies.

• Moreover, cloud-native SASE can help save costs as it reduces the requirement for on-premises hardware as well as multiple security points. I
• in order to implement SASE, many public organizations and businesses are considering cloud a smart choice and optimizing IT budgets.

Various access points are accessible in the current network design for data storage among servers, cloud platforms, and applications. It is hectic and time-consuming to protect the accessibility of such distinct data. The vigorous implementation of new technologies and the increasing acceptance of the BYOD trend in companies have made the work tougher. In such a scenario, SASE has the ability to integrate security features and networking into one system or framework.

Moreover, in the present situation, when the distribution of applications takes place over different clouds, old solutions, specifically the standard VPN design, augments the threat of cyberattacks, rather than providing sufficient safety.

• This has led to a security design that ensures secure data transmission throughout the entire process of communication.
• Features that provide perimeter security can extend to the edge with the help of the SASE system.
• Consequently, implementing security protocols effectively within networks helps access a secure framework closer to the user and acts as a more-secure method to prevent any unwanted access.
• In addition, the method is simple to implement with the business processes of organizations, permitting IT experts to grant or limit user access.

SASE Market Report Coverage

Report Attribute	Details
Market Size in 2023	USD 2,171.5 Million
Market Size in 2024	USD 2,630.2 Million
Revenue Forecast in 2030	USD 10,588.5 Million
Growth Rate	26.1% CAGR
Historical Years	2017-2023
Forecast Years	2024-2030
Report Scope	Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling
Segments Covered	By Offering Type; By Organization Size; By Vertical; By Region

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Security as a Service Will Have Highest Growth Rate

The security as a service category is expected to have the higher growth rate, of 27%, from 2024 to 2030. This is a security management approach that helps in providing robust security services and cost-effective solutions. It offers subscription-based access to specialized services and helps cater well to the rising demand for protection. The foremost priority of any organization is data integrity and privacy, and the expertise, flexibility, and continuous innovation offered by SaaS providers contribute to heightened resilience against emerging threats.

BSFI Category Is Holding Largest Market Share

The banking, financial services, and insurance (BFSI) share held a share of 60% in the market in 2023.

• The BFSI sector needs robust security as it deals with financial data and customer information.
• The rapid acceptance of IoT and BYOD, remote work opportunities, and other business trends drive the demand for cybersecurity solutions and services to tackle the increasing number of cyberattacks on vital infrastructures.
• With the rising adoption of cloud-based banking solutions, real-time financial data and privacy are becoming more essential.

North America Is Expected To Dominate Market

Geographically, North America has the largest share, of 40%, in the SASE market, and it will continue this trend over this decade. SASE is an emerging networking and security solutions that syndicates security functions and wide area networking (WAN) into a unified cloud-based service. The continuous technological advancements and large IT infrastructure expenses are primarily propelling the market in the U.S. and Canada.

• Many organizations are adopting SASE in North America to improve overall efficiency and modernize the security infrastructure.
• This is because it provides a unique way to secure and manage the network traffic and eliminates the need for maintaining many security solutions.

The growing number of cases of cyberattacks are having a negative impact on the economy by ruining major companies, which has prompted them to augment their IT investments. Therefore, in North America, the demand for SASE technology is increasing as it incorporates many components of cybersecurity, such as firewalls, VPNs, secure web gateways, and data loss prevention, into a single platform. This unified approach provides safety against cyberthreats and increases the security of companies and customers’ sensitive data.

• The regulatory environment in the region highlights the essence of data security and compliance.
• As a result, organizations make investments in SASE and other cutting-edge IT solutions to fulfill all the regulatory needs and shield sensitive information.
• This region also has a diverse enterprise landscape, including healthcare, technology, finance, and other sectors, all of which are scrambling to improve data, platform, application, network, and software security.

This region is also home to many technological startups and giants, who vigorously contribute to the progress and implementation of innovative cybersecurity solutions, including SASE. The U.S. is a center for technological innovation, which is why it stays ahead of most of the world in terms of IT infrastructure.

APAC is Fastest-Growing Market

APAC is expected to grow at the highest CAGR, of 30%, from 2024 to 2030 in the SASE market. The demand increasing for security and cloud networks aids the progress of the market. Essentially, during the projection period, the rising demand for support services will strongly enhance the revenue growth potential of the market.

• The APAC region has observed a significant increase in the mobile workforce with a large number of employees working from remote places.
• The demand for safe and scalable solutions to support a geologically distributed workforce boosts adoption of the SASE system.
• Its capability to give mobile and remote workers safe access to the resources of a corporation has made it a valued option.
• The implementation of cloud computing solutions in APAC is rising with the increasing demand for cost efficiency and better flexibility.

Due to the presence of a huge number of companies across industries in China, India, and Japan, the regional market is expected to get a boost since these countries are making investments in the IT infrastructure to ensure complete security. The SASE market is primarily driven by the enhancement of the digital workforce and the burgeoning BYOD trend are helping drive the SASE market. The rapid growth in industries in various APAC countries has driven IT expenses. Additionally, the advances in cybersecurity solutions have created a bright opportunity for SASE providers to serve the emerging needs of enterprises in the region.

• APAC has its own unique set of privacy regulations and data protection.
• Thus, the SASE market growth is enhanced by the requirement for companies to utilize full security solutions.

Competitive Analysis

Netskope acquired Infiot in August 2022 to provide advantages to its partners and dominate the competition. Both of them combined their product suites to offer borderless WAN, integrated with main SD-WAN partners.

Moreover, Telefonica Tech and Cisco collaborated in June 2022 on SD-WAN, SASE solutions, and security, to meet the demands of both local businesses and startups. The new services offer better connectivity and safety packages to connect organizations across local branches, data centers, and distant worker locations.

In the same way, Palo Alto Networks collaborated with Amazon Web Services (AWS) in March 2022 to launch Palo Alto Network’s new cloud NGFW for AWS, a service designed for simplified securing of AWS deployments and, hence, enabling organizations to speed their pace of innovation, while remaining highly secure.

Further, Fortinet and Deutsche Telekom will come together to provide better SASE services. By leveraging Fortinet’s strength in secure networking, this collaboration enables both companies to accelerate networking and security convergence for their joint customers.

Additionally, Check Point software technologies acquired Perimeter 81 in 2023 to boost its security service edge (SSE) and secure access service edge (SASE) capabilities. Checkpoint and Perimeter will merge their capabilities to offer unified security solutions, inclusive of cloud security, network security, security operations, SASE, and other solutions.

Top Providers of Secure Access Service Edge Market Are:

• Akamai Technologies
• VMWare Inc.
• Palo Alto Networks Inc.
• Cisco Systems Inc.
• Fortinet Inc.
• Zscaler Inc.
• Cloudflare Inc.
• Cato Networks Ltd.
• Versa Networks Inc.
• Forcepoint
• Checkpoint Software Technologies Ltd.
• Broadcom Inc.
• McAfee LLC
• Aryaka Networks Inc.
• Citrix Systems Inc.

Market Breakdown

The study uncovers the biggest trends and opportunities in the secure access service edge market, along with offering segmentation analysis at the granular level for the period 2017 to 2030.

Segment Analysis, By Offering Type

• Network as a Service
• Security as a Service

Segment Analysis, By Organization Size

• Large
• Small and Medium

Segment Analysis, By Vertical

• Government
• BSFI
• Retail and E-Commerce
• IT and Telecommunications
• Healthcare

Region/Countries Reviewed for this Report

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
• Asia-Pacific
  • Japan
  • China
  • India
  • South Korea
  • Australia
• Latin America
  • Brazil
  • Mexico
• Middle East and Africa
  • Saudi Arabia
  • South Africa
  • U.A.E.