Global Secure Access Service Edge (SASE) Market - 2022-2029

Market Overview

Secure access service edge (SASE) market reached US$ XX million in 2021 and is expected to record significant growth by reaching up to US$ XX million by 2029, growing at a CAGR of 27.50% during the forecast period (2022-2029).

SASE combines cloud networking and security for simplification, scalability, flexibility and all-encompassing security. SASE provides secure, optimal and automated access to cloud applications and workloads by extending software-defined networking and security to the doorsteps of major IaaS and SaaS providers by combining network security functions with WAN capabilities. SASE provides unified, safe access from a single management platform, regardless of the location of users and applications.

Market Dynamics

The ability to reduce the complexity and cost of IT structure are major market drivers for the global secure access service edge (SASE) market. Nonetheless, the incapability of holding the data and determining its results before sending it restricts the market growth.

The ability to reduce the complexity and cost of IT structure

The traditional network-based security model has reached its limit, with data spread across cloud applications and SaaS services and users frequently work from anywhere. In order to compensate, organizations have been forced to deploy additional services to fill security gaps, significantly increasing deployment, management and operating costs with a team that is not growing quickly enough. Even with this cost and complexity increase, the network security model cannot scale, is not agile and is simply ineffective in a digital world.

Instead of attempting to solve a modern problem with a legacy concept, SASE flips the security model. While legacy approaches focus on creating perimeters around applications, SASE focuses on the entities that access the applications, such as users and brings security as close to the entity as possible. As a cloud service, SASE dynamically allows or denies service connections based on an organization's defined business rules through a single service that combines previously distinct functions such as SWG, ZTNA, among other similar acronyms. As a result, the demand for secure access service edge (SASE) in the modern corporate landscape is rising, thus boosting the sales and other market prospects for the global secure access service edge (SASE) market.

The incapability of holding the data and determining its results before sending it

Traditional approaches to perimeter security relied on a firewall-based model that examined packet streams and determined risk based on the inspection of those streams. While this model worked well for perimeter-based security, it fails to meet the new challenges of a SASE-based deployment.

The biggest problem with a firewall architecture operating as a service is that it detects threats after they have occurred, enabling them to reach their destination before being revealed due to the inability to hold the data and determine its results before sending it. As a result, the decryption and data protection becomes extremely difficult and often require the stream to be held and reassembled, much like a proxy. Because these functions require the stream to be held and reassembled, similar to a proxy, this limitation makes session decryption and data protection extremely difficult. Furthermore, SASE necessitates a single-pass architecture to process all content at once. Stream-based firewall offerings also expose the source IP address of the host network to potential adversaries, effectively advertising their attack surface and potentially leading to targeted attacks.

COVID-19 Impact Analysis

Adopting rapid digital transformation strategies in response to COVID-19 has resulted in an immediate increase in the number of access points and endpoints, which has resulted in a rapid increase in data, followed by other issues such as performance, accessibility, security and increased IT costs, necessitating secure access service edge (SASE) solutions and services. COVID-19 has increased the importance of centrally managing multiple cloud resources in organizations. Similarly, digital business practices became the new Business Continuity Plan (BCP) for many organizations. With the widespread use of BYOD devices, the WFH trend and global internet penetration, people are increasingly inclined to use digital technologies such as cloud solutions, steering the need for cybersecurity measures to protect against cyber-attacks. As a result, there is an increase in the demand for secure access service edge (SASE) solutions and services to ensure the security of cloud services, applications and infrastructure.

Nonetheless, as cyber-attacks have spiked, cloud-based secure access service edge (SASE) solutions and services are in high demand due to benefits such as scalability and external expertise. Further, since the current model of work culture is widely accepted across the globe and the chances of returning to the previous one are negligible, the market prospects for the secure access service edge (SASE) market are expected to increase even after the pandemic is completely complete obliterated.

Segment Analysis

The global secure access service edge (SASE) market is classified based on component, offering, organization size, end-user and region.

Rising number of SMEs and cases of cyber attacks

SMEs are constantly working to streamline their business models in order to achieve greater business efficiency. SMEs across industries lack stringent security measures to protect their data, networks, endpoints and applications. Since cyber-attackers frequently target them, these small and medium businesses require cybersecurity solutions to combat the ever-changing threat landscape. Sophisticated cyber-attacks easily evade traditional security systems. As a result, SMEs must transition from traditional cybersecurity solutions to cloud-based cybersecurity solutions to secure their web and mobile applications and network infrastructure throughout the development, production and implementation phases.

With SMEs focusing on cloud-based solutions, cloud-based data protection solutions and service providers are expected to see massive growth opportunities, such as protecting SMEs' data from security breaches and vulnerabilities. Cloud-based security solutions help meet the increasing demand for IT security. SMEs have become more inclined to adopt cloud-based security solutions and cloud-based security service providers can capitalize on this opportunity by providing custom-based security services to enterprises worldwide.

Geographical Analysis

Rapidly rising APTs increase SASE's market share in North America (SASE).

North America includes technologically advanced countries that hugely contribute to the secure access service edge (SASE) market. Regarding security architecture and technological development, North America is progressing and adaptable. Adopting vulnerability and security management, as well as multiple local vendors providing secure access service edge (SASE) solutions, will drive regional market growth. North American businesses are increasingly implementing the appropriate solutions to enable data protection, information breaches and commercial espionage and guarantee data security and privacy for business operations. With advanced persistent threats (APTs) and targeted attacks on IT infrastructure, there is a higher need for advanced secure access service edge (SASE) solutions. Several large enterprises and rapidly growing SMEs call the region home, with the predominant goal of implementing secure access service edge (SASE) solutions.

Competitive Landscape

The global secure access service edge (SASE) market is a niche in terms of global and local producer numbers and strengths. Because of the limited number of developers, such as Cisco Systems Inc, VMware Inc, Fortinet Inc, Palo Alto Networks Inc, Akamai Technologies Inc, Zscaler Inc, Cloudflare Inc, Cato Networks, Versa Networks Inc and Forcepoint, the market is consolidated. To gain a competitive advantage and recognition in their respective markets, pivotal market stakeholders use tactics such as mergers, acquisitions, product launches, contributions and collaborations.

Cisco Systems

Overview: Cisco Systems was founded in 1984 and is headquartered in San Jose, California, U.S. Cisco Systems, Inc. develops, manufactures and sells Internet Protocol (IP)-based networking and other products in the communications and information technology (IT) industries, as well as providing services related to these products and their use. The company makes products that transport data, voice and video within buildings, across campuses and around the world. Cisco focuses on niche technology markets such as the Internet of Things (IoT), domain security and energy management.

Product Portfolio:

Secure Access Service Edge (SASE): Cisco's SASE system incorporates leading network and security capabilities in a single, cloud-native service to help control access wherever users and applications reside. Cisco's global cloud infrastructure provides best-in-class networking and security capabilities to deliver simple, flexible solutions that scale to meet clients' requirements. Cisco has also introduced the option to acquire all core SASE product components in a single offer with the versatility to easily transition to a single subscription service in the future, allowing organizations to begin using Cisco's integrated architecture immediately. Cisco delivers almost every building block of SASE architecture, including remote access, best-in-class networking, zero-trust network access, cloud security and observability.

Key Development:

Cisco, a major networking and security enterprise, introduced a new, enlarged Secure Access Service Edge (SASE) offer on March 30, 2021. The respective expansion is a significant step forward in Cisco's journey to simplify security and networking by assisting network operations (NetOps) and security operations (SecOps) teams by securely connecting users to applications. Cisco also officially confirmed improvements to its cloud-native platform, SecureX, to help it manage new and emerging threats more quickly and effectively.

Why Purchase the Report?

• To visualize the global secure access service edge (SASE) market segmentation based on component, offering, organization size, end-user and region and understanding of key commercial assets and players.
• Identify commercial opportunities in the global secure access service edge (SASE) market by analyzing trends and co-development.
• Excel data sheet with numerous data points of secure access service edge (SASE) market-level with four segments.
• PDF report consisting of cogently put together market analysis after exhaustive qualitative interviews and in-depth market study.
• Product mapping available as excel consisting of key products of all the major market players

The global secure access service edge (SASE) market report would provide approximately 69 tables, 66 figures and almost 190 pages.

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