July 2022
The global secure access service edge market was exhibited USD 1.83 billion in 2023 and is anticipated to attain around USD 17.18 billion by 2033, poised to grow at a CAGR 25.10% during the forecast period. The increasing cyber attacks, organization facing challenges and disruptions, financial losses, threats to the companies is increasing the demand for the adoption of the secure access service edge ultimately driving the market.
Secure access service edge (SASE) is a cloud-based architecture that combines security and network services to connect users to applications and data. It also provides a seamless experience for users working in the office or remotely. Cloud computing services drive a significant shift for IT organizations as many businesses move their data, applications, and services to cloud platforms, where new problems related to security and access occur. To tackle these problems, SASE plays a significant role by integrating network security with cloud access control.
Moreover, advanced technologies like integrating AI and machine learning tools to improve threat detection by using algorithms that could analyze large data in real time and identify patterns. Implementing AI and ML with SASE will enhance security and improve the defense mechanism.
Stricter Government Regulations to Promote the Market’s Growth
One of the main reasons for implementing secure access service edge is the rising strict government policies regarding privacy protection after the rise in cyber attacks. These cyber-attacks have resulted in significant financial losses, so several companies seek strong security solutions to fight against unauthorized access.
Data protection laws are also significant for keeping information safe. Businesses face various problems while protecting data. Many companies are shifting their use towards cloud-based solutions that could secure data and maintain privacy.
The existing networks have extensive access to storing data across several platforms, apps, and servers, which makes it more challenging to secure the data. Also, it is becoming difficult as new emerging technologies are introduced and the BYOD trend is accepted. SASE offers both network and security on one single platform, making it easier to manage the data.
Many organizations are implementing cloud-based technology, but it has some drawbacks, such as a lack of awareness of current cloud resources and how to solve them, which may lead to confusion and mistakes. With the proper knowledge of identity-related security controls, organizations may find it easier to adapt to the new technologies hindering the secure access service edge market. Moreover, visibility issues in figuring out the problems and the need for more information to make it easier to adopt secure cloud applications will increase the chances of cyber-attacks.
North America dominated the market for the largest share in the secure access service edge market in 2023 as the increase in advanced technologies, IT infrastructure, and cloud-based services has driven the market. Moreover, investments made by several key player companies in the market, as the rising cyber-attacks have led to many serious problems regarding data privacy, are driving the demand for the adoption of the SASE framework.
Asia-Pacific is expected to be the fastest-growing region in the secure access service edge market. Countries like India, China, and Japan are investing, and increasing digitalization and advanced technologies are gaining demand at a faster rate, leading to the adoption of SASE platforms. For instance, Ishan Technologies, in partnership with Versa Networks, has launched SASE services in India that will help organizations across various sectors increase their security and improve performance.
Recent Development in SASE Market by iboss
Company Name | Iboss |
Headquarter | United states |
Recent Development | Iboss announced the release of its Zero Trust SD-WAN solution by offering unified platforms to secure the connectivity across factories, offices, data centers. |
Recent development in SASE market by Zscaler
Company Name | Zscaler |
Headquarter | United states |
Recent Development | Zscaler announced the launch of its first single vendor SASE solutions which is created using Zscaler zero trust AI that will assist organizations in reducing cost and security and also aims to modernize secure connection for offices, factories and data centers. |
The major opportunity for the secure access service edge is the increasing implementation of the clod-based services across various sectors. Companies are continuously updating their business models that give rise for the implementation of the advanced security tools. SMEs are mostly facing problems due to cyber-attacks due to lack of security options and transfers of data, applications over networks, which create a demand for the use of SASE solutions that drives the secure access service edge market at a large level.
Report Attribute | Key Statistics |
Market Revenue in 2024 | USD 2.29 Billion |
Market Revenue by 2033 | USD 17.18 Billion |
CAGR | 25.10% |
Quantitative Units | Revenue in USD million/billion, Volume in units |
Largest Market | North America |
Base Year | 2023 |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Market Segmentation
By Component
By Application
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