Secure Access Service Edge (SASE) Market by Offering (Network as a Service, and Security as a Service), Organization Size (SMEs, and Large Enterprises), and Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America), Global Forecast 2018 to 2028

The increasing need for robust security framework is projected to magnify growth in the global Secure Access Service Edge (SASE) Market

Covid-19 Impact & Market Status

The report offers an exhaustive overview of the business dynamics and new investment strategies that are being adopted by business leaders across countries and regions to overcome the acute challenges and financial instabilities that have emerged in the post pandemic times.

It’s being expected that by 2028, the Secure Access Service Edge (SASE) market cap will hit $ 11.29 billion at a CAGR growth of about 36.4%. 

The report highlights some of the best industry strategies and practices that are adopted by the players across local and global markets. Ever since the Covid-19 broke out in 2019, it has spread aggressively, resulting in rapid declaration by the WHO affirming Covid-19 as a global pandemic and an emergency.

The impact of the pandemic is widespread and the aftermath is well pronounced, gravely affecting the global Secure Access Service Edge (SASE) chip market. The sudden pandemic and its implications have posed significant challenges such as travel bans, quarantines, and lockdowns.

These developments are hampering operations resulting in supply chain breaches, stock market inefficiencies, and vendor chaos. These are constantly interfering with the normal functioning of industries. 

Ever since the outbreak of the global crisis, impact on upstream, downstream, and midstream industries have been appalling. The report delivers a quick ready-to-deploy approach to counter such crisis and steer the global Secure Access Service Edge (SASE) market towards steady growth and systematic progression.

Amidst the pandemic, aligning with new dynamics, global Secure Access Service Edge (SASE) market has been witnessing new dynamics which are further necessitating new business models and approaches to recoup growth and revenue streams.

In this report, inquisitive business players would be provided with sufficient guidelines regarding business transformation, integral to sustain stiffening competition in the pandemic and beyond pandemic era global Secure Access Service Edge (SASE) market.

Secure Access Service Edge (SASE) for network as a service segment to Sustain the Highest Revenues, Followed by Software

SASE restricts broad network access based on IP address or location, mitigating lateral movement of a hacker breach, and threats from unmanaged or IoT devices connecting to the network. In addition, cloud-based IT system can be easily integrated with internet and other resources with SASE network. On ther hand, the security as a service segment is anticipated to grow at the significant CAGR over the forecast period.

Large enterprises Secure Access Service Edge (SASE) organization size Segment to be the Most Lucrative

The continued shift from data centers toward cloud services and the subsequent pressure on cloud services are prompting organizations to adopt multiple security solutions. Moreover, the growing adoption of advanced technologies such as big data, IoT devices is anticipated to bolster the market growth. Large enterprise segment is anticipated to account for largest revenue share. The SMEs segment is estimated to lucrative growth opportunity for market growth.

APAC to Sweep the Largest Revenue Streams Followed by North America

APAC is the largest contributor to this market, followed by Europe and then North America. In Asia, the presence of nations like China and India, with their massive subscriber bases and constantly shifting regulatory and competitive landscapes, has raised demand for Secure Access Service Edge (SASE) systems. North America, on the other hand, is confronted with the challenges of a deregulated telecom sector.

Further, game type such as the racing is one of the fastest growing segment in application which in turn is favoring rampant expansion of the global Secure Access Service Edge (SASE) market across regions such as North America and Asia Pacific. Consumer preferences for enhanced customer service with real-time billing experience is expected to gain traction in the global Secure Access Service Edge (SASE) market.

Growing adoption of cloud-based IT system is expected to offer new opportunities in the global Secure Access Service Edge (SASE) market

The growing demand for a strong security architecture that can provide secure access to data when on the go. Cloud computing advances are assisting in increasing business productivity and improving security network administration. Businesses are rapidly embracing a cloud-based IT architecture after realising the benefits of cloud computing. As a result, the market's expansion would be aided by the increasing usage of cloud-based IT systems and solutions over the forecast period. In addition, the growing preference for remote working in the wake of the outbreak of the COVID-19 pandemic, coupled with the rising need for a unified network security architecture with the capabilities of SD-WAN, FWaaS, SWG, CASB, and ZTNA solutions is expected to boost the market growth.

Existing network approaches and technology just aren't capable of providing the kinds of security and access control that digital businesses require. These companies expect that their users have quick, uninterrupted access, no matter where they are. With more distant users and software-as-a-service (SaaS) applications, data moving from the data centre to cloud services, and more traffic travelling to public cloud services and branch offices than returning to the data centre, a new network security approach is needed. Secure access service edge in the cloud combines networking and security operations to provide smooth, secure access to applications wherever people work. Software-defined wide area network, secure web gateway, firewall as a service, cloud access security broker, and zero-trust network access are among the core functions. The SASE paradigm tries to bring these functions together in a single cloud service.

With a cloud-based infrastructure, you can implement and deliver security services such as threat prevention, web filtering, sandboxing, DNS security, credential theft prevention, data loss prevention and next-generation firewall policies. Various governments and regulatory agencies have mandated both public and commercial enterprises to embrace new strategies for working remotely and keeping social distance in the wake of the COVID-19 pandemic. Since then, digital business practises have become the new Business Continuity Plan (BCP) for a variety of businesses. Individuals are more attracted to adopt digital technologies such as cloud solutions as a result of the widespread usage of BYOD devices, the WFH trend, and internet penetration across the globe, boosting the need for cybersecurity measures to protect against cyber-attacks. The need for endpoint and virtual private network services is increasing (VPN). All these factors are expected ot boost the market growth.

SASE uses zero trust principles (ZTNA) that assume a hostile network and enforce authentication of all devices and users, and check locations and policy compliance before allowing a session. SASE combines networking and security features into a single cloud-native, globally distributed architecture that focuses on identification rather than traffic flow. SASE is a set of technologies that embed security into the global network fabric, ensuring that it is always available regardless of the user's location, the application or resource being accessed, or the transport technologies used to connect the user and the resource. SASE offers numerous advantages by combining all networking and security features formerly provided by individual solutions.

The major players of the global Secure Access Service Edge (SASE) market are Cisco Systems Inc., VMware Inc., Fortinet, Inc, Palo Alto Networks, Inc., Akamai Technologies, Inc., Zscaler, Inc., Cloudflare, Inc., Cato Networks, Versa Networks, Inc., Forcepoint, Broadcom, Inc., Check Point Software Technologies Ltd. and McAfee, LLC.

The Secure Access Service Edge (SASE) market is a rapidly progressing industry and is characterized to have industrial frontliners as well as aspiring new players aiming to penetrate into the aggressive competitive landscape across global and local markets. Additionally, various new and aspiring players are improving their product lines and upgrading technological capabilities to improve revenue streams amidst Covid-19 impact.

Latest Innovations in the Global Secure Access Service Edge (SASE) Market: a Snapshot

• In November 2021, Cisco and AT&T Cybersecurity delivers new managed sase solution to connect and protect the multi-cloud, hybrid enterprise.
• In November 2021, Fortinet announces the First Next-Generation firewall and secure SD-WAN integration in Microsoft Azure virtual WAN.

Secure Access Service Edge Market Scope

Key Segments of the Global Secure Access Service Edge (SASE) Market

Offering Overview, (USD Billion)

• Network as a Service
• Security as a Service

Organization Size Overview, (USD Billion)

• SMEs
• Large Enterprises

Regional Overview, (USD Billion)

North America

• U.S
• Canada

Europe

• Germany
• France
• UK
• Rest of Europe

Asia Pacific

• China
• India
• Japan
• Rest of Asia Pacific

South America

• Mexico
• Brazil
• Rest of South America

Middle East and South Africa