Secure Access Service Edge Market by Component, Organization Size, Application

Description

List of Tables

[191 Pages Report] The Secure Access Service Edge Market size was estimated at USD 2.11 billion in 2023 and expected to reach USD 2.90 billion in 2024, at a CAGR 37.58% to reach USD 19.78 billion by 2030.

Secure access service edge (SASE) integrates network and Security-as-a-Service operations and delivers them as a single cloud service. SASE allows organizations to unify their network and security tools in a single management console. The rising demand for flexible, consistent, and secured networks at workspaces is driving the use of SASE. Technical limitations of secure access service edge can pose a challenge to product penetration in the market. The challenges associated with SASE deployments may impede this progress moderately, given its complex structure. Additionally, increasing data centers and applications in end-user sectors present various opportunities for businesses to expand their portfolio and increase profitability.

KEY MARKET STATISTICS
Base Year [2023]	USD 2.11 billion
Estimated Year [2024]	USD 2.90 billion
Forecast Year [2030]	USD 19.78 billion
CAGR (%)	37.58%

Component: Use of SASE platforms for unified policy management and simplified architecture

The secure access service edge (SASE) platform is essentially the foundational architecture on which various security and networking services are integrated. It combines the functions of network security services such as secure web gateway (SWG), cloud access security broker (CASB), firewall as a service (FWaaS), and zero trust network access (ZTNA) with software-defined wide area networking (SD-WAN). Organizations requiring a comprehensive, unified security policy across their entire network often opt for a SASE platform. This need is especially prominent in enterprises with a significant remote workforce and those undergoing digital transformations requiring scalable, cloud-native solutions. SASE services refer to the individual security and networking functions offered, which can be tailored to specific organizational requirements. Companies might choose specific SASE services instead of a full platform if they are looking to solve particular problems or gradually transition to a SASE architecture.

Application: Need to ensure security and reliability in the BFSI sector activities

The BFSI sector prioritizes stringent security measures due to the sensitive nature of financial data and the high risk of cyber attacks. Enterprises in the BFSI segment require SASE solutions that offer robust data protection, privacy-compliance, and secure access to cloud applications. For energy & utilities, the critical need is to secure complex, distributed networks across remote locations. SASE solutions that provide seamless connectivity and robust security for industrial control systems are in demand. Government entities focus heavily on national security and data sovereignty. They require SASE solutions that offer high levels of encryption, identity management, and compliance with governmental regulations. In the healthcare sector, compliance with health data protection laws, such as HIPAA in the United States, is crucial. SASE providers that can ensure secure, compliant, and constant connectivity for telehealth services are highly sought after. The IT & telecom industry needs fast, reliable, and secure connectivity for a globally distributed workforce and customer base. For the manufacturing sector, the integration of IoT and securing sensitive IP are paramount. SASE solutions that can provide secure, low-latency connections for remote operations and protect against industrial espionage are preferred. Retailers and e-commerce platforms require SASE solutions that offer robust cybersecurity, compliance with PCI DSS, and scalable infrastructure. Barracuda Networks is known for its retail-centric security solutions.

Regional Insights

The market in the Americas is growing significantly due to technological advancements, information technology (IT) infrastructure expenditure, and rising cloud usage, which drive new market players to enter the regional market. The growing number of cyberattacks targeting significant businesses and the negative impact of these attacks on the industry are the factors driving IT investment in the Americas. Asia-Pacific is anticipated to grow significantly due to increased companies in China, Japan, and India making huge expenditures to ensure IT infrastructure security. The expanding digital workforce and the ongoing acceptance of businesses in the Asia-Pacific are also driving the regional secure access service edge market.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Secure Access Service Edge Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Secure Access Service Edge Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Secure Access Service Edge Market, highlighting leading vendors and their innovative profiles. These include Akamai Technologies, Inc., Aryaka Networks, Inc., Barracuda Networks, Inc. by KKR, BlueAlly, Inc., Broadcom, Inc., BT Group, Cato Networks, Ltd., Check Point Software Technologies Ltd., Cisco Systems, Inc., Cloud Software Group, Inc., Cloud4C Services, Cloudflare, Inc., Exclusive Networks SA, Forcepoint LLC, Fortinet, Inc., GENIANS, INC, Hewlett Packard Enterprise Development LP, International Business Machines Corporation, Juniper Networks, Inc., McAfee, LLC, Microsoft Corporation, Netskope, Inc., Nord Security Inc., NTT Ltd., Open Systems AG by Emerson Electric Co., Palo Alto Networks, Inc., Perimeter 81 Ltd., SentinelOne, Inc., SonicWall, Inc., Versa Networks, Inc., VMware, Inc., Zentera Systems, Inc., and Zscaler, Inc..

Market Segmentation & Coverage

This research report categorizes the Secure Access Service Edge Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
- Platform
- Services

Organization Size
- Large Enterprise
- SMEs

Application
- BFSI
- Energy & Utilities
- Government
- Healthcare
- IT & Telecom
- Manufacturing
- Retail & Ecommerce

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Secure Access Service Edge Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Secure Access Service Edge Market?

3. What are the technology trends and regulatory frameworks in the Secure Access Service Edge Market?

4. What is the market share of the leading vendors in the Secure Access Service Edge Market?

5. Which modes and strategic moves are suitable for entering the Secure Access Service Edge Market?

Product Code: MRR-C2718791426A

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising Demand for Flexible Consistent and Secured Network at Workspaces
  - 5.1.1.2. Increasing IT Infrastructure and Associated Complexity
  - 5.1.1.3. Growth in Remote Workforce and Adoption of Cloud Based Services
- 5.1.2. Restraints
  - 5.1.2.1. Technical Limitations of SASE
- 5.1.3. Opportunities
  - 5.1.3.1. Continuous Technological Advancements in the Network Security Field
  - 5.1.3.2. Increasing Number of Data Centers and Application in End-User Sectors
- 5.1.4. Challenges
  - 5.1.4.1. Challenges Associated With SASE Deployments
5.2. Market Segmentation Analysis
- 5.2.1. Component: Use of SASE platforms for unified policy management and simplified architecture
- 5.2.2. Application: Need to ensure security and reliability in the BFSI sector activities
5.3. Market Trend Analysis
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis
5.9. Client Customization

6. Secure Access Service Edge Market, by Component

6.1. Introduction
6.2. Platform
6.3. Services

7. Secure Access Service Edge Market, by Organization Size

7.1. Introduction
7.2. Large Enterprise
7.3. SMEs

8. Secure Access Service Edge Market, by Application

8.1. Introduction
8.2. BFSI
8.3. Energy & Utilities
8.4. Government
8.5. Healthcare
8.6. IT & Telecom
8.7. Manufacturing
8.8. Retail & Ecommerce

9. Americas Secure Access Service Edge Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Secure Access Service Edge Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Secure Access Service Edge Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. Accenture and Palo Alto Networks to Provide Integrated Prisma SASE Solutions to Help Organizations Improve Cyber Resilience
- 12.3.2. Aryaka expands Check Point partnership with managed SASE security services
- 12.3.3. Cradlepoint acquires cloud security provider to integrate 5G, SASE
- 12.3.4. Hewlett Packard Enterprise fortifies network security with acquisition of security service edge provider Axis Security
- 12.3.5. Secure access tech dev Netskope scores USD 401 million
- 12.3.6. SASE startup Versa Networks secures USD 120M in new funding
- 12.3.7. Palo Alto Networks, Wipro Launch Managed Secure Access Service Edge (SASE), Network Defense Solutions
- 12.3.8. Lumen launches the first intuitive, all-digital experience for buying and managing Secure Access Service Edge (SASE)
- 12.3.9. Skyhigh Security chalks out plans for India market | Mint
- 12.3.10. Cloudflare to boost its SASE platform with Area 1 Security acquisition

13. Competitive Portfolio

13.1. Key Company Profiles
13.2. Key Product Portfolio