Secure Access Services Edge (SASE) Market Overview
Secure Access Services Edge (SASE) Market Size was valued at USD 5.28 Billion in 2022. The Secure Access Services Edge (SASE) Market industry is projected to grow from USD 7.11 Billion in 2023 to USD 42.86 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 22.1% during the forecast period (2024 - 2032).
The cloud architecture concept known as Secure Access Service Edge combines network and cloud-native security technologies and offers them as a single cloud service. SASE enables businesses to integrate network and security solutions into a single management interface. This offers a straightforward networking and security tool that is independent of the location of staff members or resources. The market's growth is anticipated to be aided by the growing need to unlock widespread zero trust adoption benefits secure access services edge (SASE), increasing mandates to follow regulatory and data protection laws, and rising need for unified security architecture for enterprise network security boosts SASE demand are the key factors driving the growth of the global market for secure access services edge (SASE) over the projected period.
Figure1: Secure Access Services Edge (SASE) Market, 2020 - 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Secure Access Services Edge (SASE) Market Opportunity
Mitigating Cyber Security Risks with SASE
Mitigating cybersecurity risks with Secure Access Service Edge (SASE) involves leveraging its cloud-native architecture and integrated security capabilities to protect against a wide range of threats. SASE is built on the Zero Trust security model, which means that access to resources is continuously verified and authorized based on user identity, device health, and other contextual factors. This approach ensures that only authenticated and authorized users can access sensitive data and applications, reducing the risk of unauthorized access.
Further, SASE incorporates real-time threat detection and analytics to identify and respond to cyber threats proactively. By monitoring network traffic and behavior patterns, SASE can detect and block potential threats before they cause significant damage. It provides secure access for remote and mobile workers, ensuring that they can connect to corporate resources securely from any location without compromising the organization's security posture. SASE is expected to help organizations comply with industry regulations and data protection laws by enforcing security policies and data privacy controls.
Secure Access Services Edge (SASE) Market Offering Segment Insights
Secure Access Services Edge (SASE) Offering Insights
Based on offering, the Secure Access Services Edge (SASE) Market segmentation includes Network as a Service and Security as a Service. The Security as a Service segment held the majority share in 2022, contributing around ~56.7 % to the market revenue. Security as a Service" (SecaaS) is a crucial component that offers a wide range of cloud-based security solutions delivered by third-party providers. Security as a service enables organizations to offload the management of security functions to specialized providers, allowing them to focus on their core business operations. It provides organizations with cloud-native security solutions that integrate seamlessly with cloud environments and deliver a comprehensive set of security services. By leveraging SecaaS within the SASE framework, organizations can achieve a unified and scalable security approach that protects their network, data, and applications while enabling secure access from anywhere.
Figure2: Secure Access Services Edge (SASE) Market, by Type, 2022 VS 2032 (USD Million)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Secure Access Services Edge (SASE) Market Component Segment Insights
Secure Access Services Edge (SASE) Component Insights
Based on Component, the Secure Access Services Edge (SASE) Market segmentation includes software-defined wan (SD-WAN), cloud access security broker (CASB), secure web gateway (SWG), firewall as a service (FWaaS), and zero-trust network access (ZTNA). The software-defined wan (SD-WAN) segment held the majority share in 2022 contributing around ~43.3% to the market revenue. SD-WAN enhances the performance and management of Wide Area Networks (WANs) by abstracting network hardware from the control plane and enabling centralized software-based management. When integrated with SASE, SD-WAN becomes a key component in providing secure and efficient access to applications and data from any location. It enhances network performance and offers secure and dynamic connectivity.
Secure Access Services Edge (SASE) Market Organization Size Segment Insights
Secure Access Services Edge (SASE) Organization Size Insights
Based on the Organization Size, the Secure Access Services Edge (SASE) Market segmentation includes Small & Medium Enterprise and Large Enterprise. By Organization Size, the Large Enterprise segment hold the majority market share in 2022, contributing 58.3% of the market share. Large businesses are redesigning their security architecture and policies to incorporate SASE technology to safeguard crucial assets from cyber-attacks. Big companies were early adopters of SASE due to the cost advantages because they have a big workforce and accompanying networking equipment subject to identity-related risk.SASE creates a single, integrated cloud service from several networking and security tasks. This can assist in lowering both the total cost of ownership and the complexity of administering different security systems. Compared to conventional methods, SASE offers a security strategy that is more thorough and integrated. SASE can assist in defending users and apps from a wider spectrum of risks by integrating SD-WAN with cloud-native security features.
Secure Access Services Edge (SASE) Market Vertical Segment Insights
Secure Access Services Edge (SASE) Vertical Insights
Based on Vertical, the Secure Access Services Edge (SASE) Market segmentation includes government, BFSI, retail & E-commerce, IT And telecommunication, healthcare, and others. By Vertical, the BFSI segment holds the majority market share in 2022 contributing 33.5% of the market share. In the Banking, Financial Services, and Insurance (BFSI) industry, the adoption of Secure Access Service Edge (SASE) has facilitated secure and efficient access to critical applications and data while improving cybersecurity measures. Various multinational banks have deployed a SASE solution to enhance remote access for their employees since the COVID-19 pandemic. The SASE solution provides identity-centric security, ensuring that only authenticated and authorized users can access sensitive financial data. It also incorporates real-time threat detection, enabling the banks to respond proactively to emerging cyber threats.
Secure Access Services Edge (SASE) Regional Insights
By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. In terms of revenue, North America held the largest share of 42.3% in the Secure Access Services Edge (SASE) Market in 2022 and is expected to maintain its dominance during the forecast period. North America holds a substantial share of the global secure access services edge market. Secure access services edge (SASE) is a developing networking & security concept that combines wide area networking (WAN) and security functions into a unified cloud-based service. Several businesses & organizations in North America are adopting SASE to streamline their security infrastructure and improve overall efficiency as it offers a unified approach to managing & securing network traffic and reducing the complexity of maintaining multiple security solutions. SASE's cloud-native architecture can lead to cost savings as it eliminates the need for on-premises hardware and reduces the requirement for multiple security point solutions. Numerous businesses & public organizations in this region looking to optimize their IT budgets are considering SASE an attractive option. The demand for SASE solution is increasing in North America, as it can integrate several security components, such as secure web gateways, firewalls, VPNs, data loss prevention, and more, into a single platform. This integrated approach enhances security posture and provides better protection against cyber threats.
Figure 3: SECURE ACCESS SERVICES EDGE (SASE) MARKET SIZE BY REGION 2022 VS 2032, (USD MILLION)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Further, the major countries studied in the market report are the U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Europe is the second largest market in the region and experiencing significant growth due to several factors such as, digital transformation, cybersecurity concerns, and remote work & flexible work models. European businesses are actively undergoing a digital transformation phase, which involves the adoption of cloud-based services and applications. SASE's cloud-native approach aligned is with this trend, thus providing a secure & efficient way to access cloud resources from various locations. Europe has seen a significant increase in remote work & flexible work models due to the COVID-19 pandemic. SASE's ability to enable secure remote access and deliver consistent security policies to remote employees & devices, has made it an attractive solution for European organizations. Considering the growing cybersecurity threat landscape, with businesses & governments being targeted by sophisticated cyberattacks, the demand for SASE solutions has increased in this region.
Asia Pacific is expected to witness the fastest growth in the Secure Access Services Edge (SASE) market during the forecast period due to the rapid adoption of secure access service edge (SASE) solutions. This region has a significant mobile workforce, with employees working from various locations. SASE's capability to provide secure access to corporate resources for remote & mobile workers has made it a valuable solution for businesses in this region. Cloud computing adoption in the Asia-Pacific region is on the rise, driven by the need for better flexibility, cost efficiency, and scalability.
Secure Access Services Edge (SASE) Key Market Players & Competitive Insights
With a strong presence across different verticals and geographies, the Secure Access Services Edge (SASE) Market is highly competitive and dominated by established, pure-play vendors. These vendors have a robust geographic footprint and partner ecosystem to cater to diverse customer segments. The Secure Access Services Edge (SASE) Market is highly competitive, with many vendors offering similar products and services.
The major players in the market include Cisco Systems Inc, VMware Inc, Fortinet Inc, Palo Alto Networks Inc, Akamai Technologies Inc, Zscaler Inc, Cloudflare Inc, Cato Networks Ltd, Versa Networks Inc, Forcepoint, Broadcom Corporation, Checkpoint Software Technologies Ltd, McAfee Corp, Aryaka Networks Inc, and Citrix Systems Inc. and Others. Cisco has been actively involved in the Secure Access Service Edge (SASE) industry. SASE is a relatively new method to network security that integrates wide-area networking (WAN) capabilities with cloud-based security services to give modern organizations a comprehensive and unified security solution. Cisco's SASE strategy aims to provide a comprehensive SASE solution by combining its current networking and security technologies into a single platform. The objective was to give organizations a scalable and seamless method of protecting their networks and data while guaranteeing maximum performance and user experience.
The Secure Access Services Edge (SASE) Market is a consolidated market due to increasing competition, acquisitions, mergers, and other strategic market developments and decisions to improve operational effectiveness.
Key Companies in the Secure Access Services Edge (SASE) Market include
Secure Access Services Edge (SASE) Industry Developments
- In May 2023, Kyndryl announced the launch of a managed Secure Access Service Edge (SASE) solution powered by Fortinet to assist clients in implementing advanced network security efforts. The solution integrates Fortinet's industry-leading cloud-delivered security and secure networking solutions with Kyndryl's network and security services to design, develop, maintain, and modernize mission-critical networking for customers across sectors.
- In September 2022, Aryaka has partnered with Jenne Inc., to deliver SD-WAN & SASE to its enterprise business customers. Aryaka’s newly managed SD-WAN & SASE solutions provides Jenne sales partners with several advantages like, increased total addressable market, simplified packaging & pricing, and co-managed network option.
Secure Access Services Edge (SASE) Market Segmentation
Secure Access Services Edge (SASE) Type Outlook
- Network As a Service
- Security As a Service
Secure Access Services Edge (SASE) Component Outlook
- Software-Defined WAN (SD-WAN)
- Cloud Access Security Broker (CASB)
- Secure Web Gateway (SWG)
- Firewall as a Service (FWaaS)
- Zero-Trust Network Access (ZTNA)
Secure Access Services Edge (SASE) Organization Size Outlook
- Small & Medium Enterprise
- Large Enterprise
Secure Access Services Edge (SASE) Vertical Outlook
- Government
- BFSI
- Retail & E-Commerce
- IT And Telecommunication
- Healthcare
- Others
Secure Access Services Edge (SASE) Regional Outlook
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North America
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Europe
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UK
-
Germany
-
France
-
Italy
-
Spain
-
Rest of Europe
-
Asia-Pacific
-
China
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Japan
-
India
-
Australia
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South Korea
-
Rest of Asia Pacific
-
Middle East & Africa
-
South America
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Chile
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Brazil
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Rest of South America
Report Attribute/Metric |
Details |
Market Size2022 |
USD 5.28 Billion |
Market Size 2023 |
USD 7.11 Billion |
Market Size 2032 |
USD 42.86 Billion |
Compound Annual Growth Rate (CAGR) |
22.1 % (2024-2032) |
Base Year |
2022 |
Market Forecast Period |
2024-2032 |
Historical Data |
2020- 2021 |
Market Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Offering, Component, Organization Size, Vertical, and Region |
Geographies Covered |
Europe, North America, Asia-Pacific, Middle East & Africa, and South America |
Countries Covered |
The U.S, Germany, Canada, U.K., Italy, France, Spain, Japan, China, Australia, India, South Korea, Brazil, and others. |
Key Companies Profiled |
Cisco Systems Inc, VMware Inc, Fortinet Inc, Palo Alto Networks Inc, Akamai Technologies Inc, Zscaler Inc, Cloudflare Inc, Cato Networks Ltd, Versa Networks Inc, Forcepoint, Broadcom Corporation, Checkpoint Software Technologies Ltd, McAfee Corp, Aryaka Networks Inc, and Citrix Systems Inc. |
Key Market Opportunities |
· Increasing adoption of cloud-based services among SMES· Mitigating Cyber Security Risks With SASE· Increasing benefits of employing SASE network architecture |
Key Market Dynamics |
· Growing need to unlock widespread zero trust adoption benefits secure access services edge (SASE)· Increasing mandates to follow regulatory and data protection laws.· Rising need for unified security architecture for enterprise network security boosts SASE demand |
Secure Access Services Edge Market Highlights:
Frequently Asked Questions (FAQ) :
The Secure Access Services Edge (SASE) Market size is expected to be valued at USD 5.28 Billion in 2022.
The global market is projected to grow at a CAGR of 22.1% during the forecast period, 2024-2032.
North America had the largest share of the global market.
The key players in the market are Cisco Systems Inc, VMware Inc, Fortinet Inc, Palo Alto Networks Inc, Akamai Technologies Inc, Zscaler Inc, Cloudflare Inc, Cato Networks Ltd, Versa Networks Inc, Forcepoint, Broadcom Corporation, Checkpoint Software Technologies Ltd, McAfee Corp, Aryaka Networks Inc, and Citrix Systems Inc. and Others
The Security as a Service switch category dominated the market in 2022.