PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1484661
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1484661
Secure Access Service Edge Market Size and Share Analysis by Offering Type, Organization Size, Vertical - Global Industry Growth Forecast to 2030
Market Overview
The secure access service edge (SASE) market generated revenue of USD 2,171.5 million in 2023, which is expected to witness a CAGR of 26.1% during 2024-2030, reaching USD 10,588.5 million by 2030. This can be due to the rising demand for remote work, the higher cloud adoption, the growing cyberattacks, and the rampant digitization.
The security and efficiency needs have enabled SASE to gain ground. Accounting for the need for cloud access that is secure SASE allows you to minimize the risk of cyberattacks. The global drive for digitalization has equally increased the development of the SASE market.
SASE now ranks as the number one concern of many organizations that are always willing to be a part of the networks and security solutions in a cloud-based platform. COVID-19 has resulted in an incredible demand for remote work which has continued to increase the popularity of these solutions as it enables the use of corporation's resources from any location safely and efficiently. Employers can provide access for their staff and corporate data services securely from any place, on any device, while assuring data confidentiality.
This can be achieved through the design of a zero-trust model that embodies the identity of the person, the features of the device, and the framework in which access is requested, instead of the previous models. Nowadays, many talk about the immense cyberattacks, which happen across the whole company.
Key Insights
During the projection period, the security as a service category is projected to witness a high growth rate of 27%.
This method of security management provides strong security services and lucrative solutions.
It operates on a subscription-based model, providing access to specialized services.
SaaS helps meet the increasing demand for protection by offering scalable and customizable solutions.
Organizations prioritize data integrity and privacy, finding SaaS providers' expertise, flexibility, and continuous innovation crucial for resilience against emerging threats.
Security as a Service (SaaS) is poised for a 27% growth rate from 2024 to 2030, offering robust security solutions through subscription-based access to specialized services.
The BFSI sector dominated the market in 2023 with a 60% share, emphasizing the need for strong security due to financial data and customer information handling.
There are many factors shaping the demand that cybersecurity products and services should deal with, like IoT, BYOD, remote work trends, and cyberattacks that affect different industries.
In terms of the SASE markets, North America remains one of the significant players with a 40% share value. There are various reasons why the North American region is going to maintain this status and they include technological advancements and the increasing demand on the corporate organizations to adopt these technological applications for improved performance and security.
SASE sums up security procedures and WAN on a cloud-based service, in this way, we can do away with the use of multiple security solutions and also make WAN management a walkover.
SASE and other IT solutions become a priority for local organizations that have to ensure data security and compliance, and thus it is accompanied by additional investments.
With the developing market in APAC showing a 30% CAGR in half a decade in the SASE discipline, which will mainly be triggered by an ever-increasing mobile workforce, this makes the region a lucrative market for this sector.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by offering type
- 1.4.2. Market size breakdown, by organization size
- 1.4.3. Market size breakdown, by vertical
- 1.4.4. Market size breakdown, by region
- 1.4.5. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.5.1. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Global Market
- 6.1. Overview
- 6.2. Market Revenue, by Offering Type (2017-2030)
- 6.3. Market Revenue, by Organization Size (2017-2030)
- 6.4. Market Revenue, by Vertical (2017-2030)
- 6.5. Market Revenue, by Region (2017-2030)
Chapter 7. North America Market
- 7.1. Overview
- 7.2. Market Revenue, by Offering Type (2017-2030)
- 7.3. Market Revenue, by Organization Size (2017-2030)
- 7.4. Market Revenue, by Vertical (2017-2030)
- 7.5. Market Revenue, by Country (2017-2030)
Chapter 8. Europe Market
- 8.1. Overview
- 8.2. Market Revenue, by Offering Type (2017-2030)
- 8.3. Market Revenue, by Organization Size (2017-2030)
- 8.4. Market Revenue, by Vertical (2017-2030)
- 8.5. Market Revenue, by Country (2017-2030)
Chapter 9. APAC Market
- 9.1. Overview
- 9.2. Market Revenue, by Offering Type (2017-2030)
- 9.3. Market Revenue, by Organization Size (2017-2030)
- 9.4. Market Revenue, by Vertical (2017-2030)
- 9.5. Market Revenue, by Country (2017-2030)
Chapter 10. LATAM Market
- 10.1. Overview
- 10.2. Market Revenue, by Offering Type (2017-2030)
- 10.3. Market Revenue, by Organization Size (2017-2030)
- 10.4. Market Revenue, by Vertical (2017-2030)
- 10.5. Market Revenue, by Country (2017-2030)
Chapter 11. MEA Market
- 11.1. Overview
- 11.2. Market Revenue, by Offering Type (2017-2030)
- 11.3. Market Revenue, by Organization Size (2017-2030)
- 11.4. Market Revenue, by Vertical (2017-2030)
- 11.5. Market Revenue, by Country (2017-2030)
Chapter 12. U.S. Market
- 12.1. Overview
- 12.2. Market Revenue, by Offering Type (2017-2030)
- 12.3. Market Revenue, by Organization Size (2017-2030)
- 12.4. Market Revenue, by Vertical (2017-2030)
Chapter 13. Canada Market
- 13.1. Overview
- 13.2. Market Revenue, by Offering Type (2017-2030)
- 13.3. Market Revenue, by Organization Size (2017-2030)
- 13.4. Market Revenue, by Vertical (2017-2030)
Chapter 14. Germany Market
- 14.1. Overview
- 14.2. Market Revenue, by Offering Type (2017-2030)
- 14.3. Market Revenue, by Organization Size (2017-2030)
- 14.4. Market Revenue, by Vertical (2017-2030)
Chapter 15. France Market
- 15.1. Overview
- 15.2. Market Revenue, by Offering Type (2017-2030)
- 15.3. Market Revenue, by Organization Size (2017-2030)
- 15.4. Market Revenue, by Vertical (2017-2030)
Chapter 16. U.K. Market
- 16.1. Overview
- 16.2. Market Revenue, by Offering Type (2017-2030)
- 16.3. Market Revenue, by Organization Size (2017-2030)
- 16.4. Market Revenue, by Vertical (2017-2030)
Chapter 17. Italy Market
- 17.1. Overview
- 17.2. Market Revenue, by Offering Type (2017-2030)
- 17.3. Market Revenue, by Organization Size (2017-2030)
- 17.4. Market Revenue, by Vertical (2017-2030)
Chapter 18. Spain Market
- 18.1. Overview
- 18.2. Market Revenue, by Offering Type (2017-2030)
- 18.3. Market Revenue, by Organization Size (2017-2030)
- 18.4. Market Revenue, by Vertical (2017-2030)
Chapter 19. Japan Market
- 19.1. Overview
- 19.2. Market Revenue, by Offering Type (2017-2030)
- 19.3. Market Revenue, by Organization Size (2017-2030)
- 19.4. Market Revenue, by Vertical (2017-2030)
Chapter 20. China Market
- 20.1. Overview
- 20.2. Market Revenue, by Offering Type (2017-2030)
- 20.3. Market Revenue, by Organization Size (2017-2030)
- 20.4. Market Revenue, by Vertical (2017-2030)
Chapter 21. India Market
- 21.1. Overview
- 21.2. Market Revenue, by Offering Type (2017-2030)
- 21.3. Market Revenue, by Organization Size (2017-2030)
- 21.4. Market Revenue, by Vertical (2017-2030)
Chapter 22. Australia Market
- 22.1. Overview
- 22.2. Market Revenue, by Offering Type (2017-2030)
- 22.3. Market Revenue, by Organization Size (2017-2030)
- 22.4. Market Revenue, by Vertical (2017-2030)
Chapter 23. South Korea Market
- 23.1. Overview
- 23.2. Market Revenue, by Offering Type (2017-2030)
- 23.3. Market Revenue, by Organization Size (2017-2030)
- 23.4. Market Revenue, by Vertical (2017-2030)
Chapter 24. Brazil Market
- 24.1. Overview
- 24.2. Market Revenue, by Offering Type (2017-2030)
- 24.3. Market Revenue, by Organization Size (2017-2030)
- 24.4. Market Revenue, by Vertical (2017-2030)
Chapter 25. Mexico Market
- 25.1. Overview
- 25.2. Market Revenue, by Offering Type (2017-2030)
- 25.3. Market Revenue, by Organization Size (2017-2030)
- 25.4. Market Revenue, by Vertical (2017-2030)
Chapter 26. Saudi Arabia Market
- 26.1. Overview
- 26.2. Market Revenue, by Offering Type (2017-2030)
- 26.3. Market Revenue, by Organization Size (2017-2030)
- 26.4. Market Revenue, by Vertical (2017-2030)
Chapter 27. South Africa Market
- 27.1. Overview
- 27.2. Market Revenue, by Offering Type (2017-2030)
- 27.3. Market Revenue, by Organization Size (2017-2030)
- 27.4. Market Revenue, by Vertical (2017-2030)
Chapter 28. U.A.E. Market
- 28.1. Overview
- 28.2. Market Revenue, by Offering Type (2017-2030)
- 28.3. Market Revenue, by Organization Size (2017-2030)
- 28.4. Market Revenue, by Vertical (2017-2030)
Chapter 29. Competitive Landscape
- 29.1. List of Market Players and their Offerings
- 29.2. Competitive Benchmarking of Key Players
- 29.3. Product Benchmarking of Key Players
- 29.4. Recent Strategic Developments
Chapter 30. Company Profiles
- 30.1. Akamai Technologies
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
- 30.2. VMWare Inc.
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
- 30.3. Palo Alto Networks Inc.
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
- 30.4. Cisco Systems Inc.
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
- 30.5. Fortinet Inc.
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
- 30.6. Zscaler Inc.
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
- 30.7. Cloudflare Inc.
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
- 30.8. Cato Networks Ltd.
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
- 30.9. Versa Networks Inc.
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
- 30.10. Forcepoint
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
- 30.11. Checkpoint Software Technologies Ltd.
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
- 30.12. Broadcom Inc.
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.12.3. Key financial summary
- 30.13. McAfee LLC
- 30.13.1. Business overview
- 30.13.2. Product and service offerings
- 30.13.3. Key financial summary
- 30.14. Aryaka Networks Inc.
- 30.14.1. Business overview
- 30.14.2. Product and service offerings
- 30.14.3. Key financial summary
- 30.15. Citrix Systems Inc.
- 30.15.1. Business overview
- 30.15.2. Product and service offerings
- 30.15.3. Key financial summary
Chapter 31. Appendix
- 31.1. Abbreviations
- 31.2. Sources and References
- 31.3. Related Reports
