Secure Access Service Edge Market To Generate Revenue worth $10,588.5 Million by 2030

The secure access service edge (SASE) market revenue was estimated at 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. This is due to the increasing number of cyberattacks, surging demand for remote work, adaptability of the cloud, and digital transformation.

Rising Demand for Unified, Cloud-Deployed Cybersecurity Solutions

SASE is becoming popular among organizations due to its numerous benefits. One of its important features is that it combines security solutions with networks in a cloud-based application. Its cloud-native feature helps reduce IT expenses as it eliminates the need for on-premises hardware and multiple security solutions.

As the work-from-home model continues to guide modern business, the adoption of SASE will grow since organizations can protect their valuable data and information. The growing adoption of mobile devices and IoT also augments the demand for secure, fast, and smooth access to network resources.

Large Enterprise Category To Hold Substantial Share

The large enterprise category has dominated the SASE market, and it will have a share of 80% in 2030. Large enterprises are reforming their policies and security designs to get protection from cyberattacks and for the safety of their precious information. These enterprises have been the first to adopt SASE since they have big workforces and, consequently, networking devices that are susceptible to identity-related risk. SASE combines various networking and security functions into a single, integrated cloud service, thereby lowering the complexities in handling different safety systems and reducing the entire cost of the ownership.

SASE provides a more-comprehensive and integrated security strategy compared to traditional methods. It can protect applications and users from threats through the integration of cloud-native security with software-defined wide area network (SD-WAN).

The SMEs category is expected to witness rapid growth in the market in the years to come. Revenue and ownership structure are the variables that signify the requirements for small and medium enterprises. Since the cost of SASE is quite high, small and medium enterprises use cloud-based solutions, which are cost-effective and remotely accessible.

APAC Is Fastest-Growing Region In Market

Geographically, APAC is the fastest-growing region in the SASE market due to the increasing demand for security and cloud networks. The region’s transformation in the digital era has been the major factor behind the rise in the adoption of this security approach. Further, India, China, and Japan, which are home to a massive number and variety of companies across industries, are investing in robust security as well as other technologies, such as artificial intelligence, machine learning, and edge computing, to stay ahead in the global market.

The rapid adoption of mobile devices and remote work models has created a significant requirement for secure and seamless access to corporate resources. SASE can provide secure connectivity from any location at any time, which enables organizations to shift people and modify their working models. The region is widely using cloud-based services to protect data and applications from threats. Additionally, the advancements in technology and economic growth have made the region a major innovation hub.

Some of the major market players are Akamai Technologies, VMWare Technologies, 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 Corporation, McAfee LLC, Aryaka Networks Inc., and Citrix Systems Inc.