SASE (Secure Access Service Edge) Market will reach at USD 14.1 Billion by 2032Size & Analysis By 2022 -2029 -Cato Networks, Cisco, Akamai, Cloudflare, Forcepoint, Fortinet, McAfee, Netskope, Palo Alto Networks, Broadcom, Versa, VMware, Zscaler, Check Poi

The global secure access service edge (SASE) market size is projected to grow from USD 1.26 Billion in 2021 to USD 14.1 Billion by 2032, recording a Compound Annual Growth Rate (CAGR) of 26.4% from 2021 to 2032. Key factors that are driving the market growth include the growing preference for remote working in the wake of the outbreak of the COVID-19 pandemic, coupled with the rising need for a unified network security architecture with the capabilities of SD-WAN, FWaaS, SWG, CASB, and ZTNA solutions.

By offering, Security as a service segment is expected to grow at a higher CAGR than the Network as a service (NaaS) segment during the forecast period.
According to Zscaler, Security as a service is a way to deliver security technologies, which are traditionally found in enterprise data centers or regional gateways, as a cloud service. Security as a service has become an important enabler of business in the world because it provides secure access to applications and services, no matter where they are hosted or where users connect. NaaS services can range from managed software-defined WAN (SD-WAN) and network access, including wireless to security, unified communications services, and more, either in a public cloud or on virtualized customer premise equipment (vCPE). With the pace of innovation, most enterprises are finding that they can no longer afford the time it takes to build and maintain their network infrastructure. Security as a service segment is expected to grow at a higher CAGR than the Network as a service (NaaS) segment during the forecast period.

By organization size, the large enterprises segment is expected to hold a larger market
Large enterprises account for a higher market share in terms of revenue in the global SASE market. Large enterprises are reshaping their security policies and architecture to incorporate SASE tools to protect critical assets from various cyber-attacks. Large enterprises were the early adopters of SASE due to the cost advantage, as they have a huge workforce and associated networking devices, which are susceptible to identity-related risk. SMEs have to focus on their budget constraints; hence, they prefer cloud-based solutions available in the market. SMEs criteria may also be based upon various metrics, such as the revenue generated and ownership structure.

Leading players of SASE (Secure Access Service Edge) including:

Cato Networks, Cisco, Akamai, Cloudflare, Forcepoint, Fortinet, McAfee, Netskope, Palo Alto Networks, Broadcom, Versa, VMware, Zscaler, Check Point Software Technologies

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Recent Developments
July 2021- Airtel launched Cisco's next-gen SD-WAN connectivity solutions for enterprises. The Airtel Intelligent VPN solution is an automated and centrally managed SD-WAN offering available to Airtel's large customer base across India. It includes the full functionality of Cisco SD-WAN, including intelligent dynamic routing, optimized multi-cloud connectivity, integrated security, and visibility into applications and performance, all on a SASE architecture.
May 2021- The integration between Versa SASE and Google Cloud represents continued development in security, SD-WAN, bandwidth management, and high availability differentiation and innovation to deliver the most consistent and high-performing user experience for secure access to applications anywhere in the world.
May 2021- Forcepoint would integrate Cyberinc's Smart Isolation capabilities within the company's current SASE offering, including Cloud Security Gateway (web and cloud security), Private Access (zero-trust network access), Email Security Gateway, and Next-Generation Firewall, to offer enterprises of all sizes better visibility and control to protect from advanced threats as well as theft or loss of sensitive data.

Applications Insights
The IT & telecom segment dominated the market in 2020 and accounted for over 20% of the overall revenue share. IT companies continued to scout for unified and secure networking and access solutions as part of their efforts to switch to a cloud-based infrastructure and introduce digital applications to drive business growth. On the other hand, telecom companies also continued to spend aggressively on robust security frameworks as their services are mostly related to data transfer. The increasing awareness about the potential benefits of adopting SASE frameworks is expected to drive the growth of the segment over the forecast period

SASE (Secure Access Service Edge) Segmentation by Type:

SASE Software, SASE Platforms.

SASE (Secure Access Service Edge) Segmentation by Application:

IT, BFSI, Manufacturing, Transportation, Entertainment, Others

SASE (Secure Access Service Edge) report answers some key questions:

Regional Insights
North America accounted for the highest revenue share of more than 48% in 2020 and is expected to continue dominating the global market over the forecast period. Continued advances in technology, aggressive spending on IT infrastructure, and growing adoption of cloud services are encouraging emerging market players to make a foray into the regional market. The rising instances of cyberattacks targeting large enterprises and the adverse impact of these cyberattacks on the overall business are particularly driving the organizational IT spending across North America.

Asia Pacific is expected to register a CAGR of over 40% over the forecast period. The aggressive spending on ensuring the security of the IT infrastructure by organizations in China, India, and Japan is expected to drive the growth of the regional market. The growing digital workforce and continued adoption of the BYOD trend by enterprises in Asia Pacific are also among the major factors driving the regional market. The security framework policies being pursued, especially across Southeast Asia, in the wake of the growing risks of cyberattacks on critical IT infrastructures, are also expected to drive the growth of the regional market.

Key Companies & Market Share Insights
The global market is concentrated with the presence of standalone SASE vendors and network security providers. Several security vendors are partnering with SD-WAN providers to make a foray into the market, thereby intensifying the competition further. For instance, in March 2021, AT&T partnered with Fortinet, Inc. to expand its managed security services portfolio and deliver managed SASE solutions to enterprises. The partnership envisaged combining SD-WAN functions with essential network security functions and 24/7 management.

The report provides SASE (Secure Access Service Edge) industry demand trends in Q1 and Q2 2021.
• Individual circumstances of the SASE (Secure Access Service Edge) segments are discussed in the report.
• The report contains forward-looking information on risks and uncertainties.
• The report studies the consumer-focused sectors of the SASE (Secure Access Service Edge).
• The trade scenarios of the products and services in particular segments are detailed in the report along with regulation, taxes, and tariffs.
• The trends that are impacting the SASE (Secure Access Service Edge) for past few years are discussed in the report.
• The report studies the potential impact of the Covid-19 pandemic on the SASE (Secure Access Service Edge) industry economy and performance of the market players in the same context.

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Table of Content:

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
3 Global SASE (Secure Access Service Edge) by Players
4 SASE (Secure Access Service Edge) by Regions
4.1 SASE (Secure Access Service Edge) Size by Regions
4.2 Americas SASE (Secure Access Service Edge) Size Growth
4.3 APAC SASE (Secure Access Service Edge) Size Growth
4.4 Europe SASE (Secure Access Service Edge) Size Growth
4.5 Middle East & Africa SASE (Secure Access Service Edge) Size Growth
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Global SASE (Secure Access Service Edge) Forecast
11 Key Players Analysis
12 Research Findings and Conclusion

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