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Secure Access Service Edge Market Size, Share, and COVID-19 Impact Analysis, By Offerings (NaaS [Network as a Service], SaaS [Software as a Service], Others), By Component (Services, Platform), and By Organization (SMEs, Large Enterprise), By Verticals (Government, BFSI, Retail and e-commerce, IT and Telecommunications, Other), Regional Forecast, 2024-2032

Region :Global | Report ID: FBI107057 | Status : Ongoing

 

KEY MARKET INSIGHTS

Secure Access Service Edge (SASE) is a cloud-delivered service that combines network and security functions with WAN capabilities to support the dynamic, secure access needs of today’s hybrid organizations. Conceptually, SASE extends networking and security capabilities beyond typically availability. This lets users, regardless of location, to take advantage of firewall as a service (FWaaS), secure web gateway (SWG), zero-trust network access (ZTNA), and a medley of threat detection functions.


As organizations seek to accelerate growth through the use of the cloud, more data, users, devices, applications, and services are used outside the traditional enterprise premises, which means the enterprise perimeter is no longer a location.  Also, enterprises find it challenging to seamlessly integrate security components to successfully implement service access security edge. This creates significant challenges in terms of service availability, user performance, and productivity.

SASE architecture simplifies the IT infrastructure and frees organizations from the burden of managing and periodically updating multiple security systems. SASE architecture also allows organizations to save on the costs incurred on procuring multiple security solutions and helps them in the quick implementation of data protection policies. All such benefits are driving the popularity of SASE frameworks among enterprises.

Impact of COVID-19 on the Secure Access Service Edge


The COVID-19 pandemic and the subsequent restrictions on the movement of people imposed by various governments across the world had prompted organizations to switch to a remote working model. Due to remote working model it has triggered challenges related to managing the productivity of a flexible workforce and security governance. Organizations were exposed to higher levels of cybersecurity risks than ever. As a result, organizations are looking forward to implementing robust security frameworks.

Also, with the extensive use of BYOD device, work from home, and internet penetration across the corners of the globe, individuals are gradually inclined towards the use of digital technologies such as cloud solutions, driving the need for cybersecurity measures for protection against cyber-attacks.

Key Insights


The report will cover the following key insights:


  • Micro Macro Economic Indicators.

  • Drivers, Restraints, Trends and Opportunities.

  • Business Strategies Adopted by the Players.

  • Impact of COVID-19 on Secure Access Service Edge Market.

  • Consolidated SWOT Analysis of Key Players.


Analysis by Device Type


Security as a service (SaaS) accounts for the largest proportion of the global secure access service edge market share. Security as a service are traditionally found in enterprise data centers or regional gateways, as a cloud service. It has become an important part of IT business as it provides secure access to applications and services, no matter where they are hosted or where users connect.

Furthermore, the surging popularity of the bring-your-own-device (BYOD) culture in offices, increasing adoption of cloud solutions, and the increasing implementation of strict government regulations mandating data security, are major factors responsible for the demand of SaaS.

Regional Analysis


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North America is expected to grow at a higher rate due to continuous advancement in technology, excessive spending on IT infrastructure, and the growing adoption of cloud services. These is encouraging emerging market players to make a foray into the regional market. In addition, rising instances of cyberattacks that is targeting large enterprises and adverse impact of these cyberattacks on the overall business are particularly driving the organizational IT spending across North America.

Key Players Covered


The report will include key players such as IBM, Netskope, Palo Alto Networks, Fortinet, Cisco, Skyhigh Security, Forcepoint, Cloudfare, Zscaler, Aryaka, and others.

Segmentation




















By Offerings


By Components


By Organization


By Vertical


By Geography



  • Naas (Network as a Service)

  • Security as a Service (SaaS)




  • Services

  • Platform




  • SMEs

  • Large Enterprise




  • Government,

  • BFSI,

  • Retail and e-commerce,

  • IT and Telecommunications,

  • Other




  • North America (U.S. and Canada)

  • Europe (Poland, Hungary, Turkey, Spain, Czech Republic and Rest of Europe)

  • Asia Pacific (India, Thailand, Malaysia, Singapore, South Korea and Rest of APAC)

  • Middle East & Africa (UAE, South Africa and Rest of MEA)

  • Latin America (Brazil, Mexico and Rest of LATAM) 



Key Industry Developments



  • September 2022 - Wipro, a global IT consulting company, partnered with Palo Alto Networks to launch security solutions, which is designed to help their joint customers to simplify, orchestrate and accelerate the cloud ​ journey

  • October 2022 - Long-time WAN provider, Aryaka, released a version of its Zero Trust WAN product that incorporates a new Secure Web Gateway and Firewall-as-a-Service as it works toward a SASE-enabled WAN offering.





  • Ongoing
  • 2023
  • 2019-2022
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