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Security Access Service Edge Market: Size, Share, Growth, Analysis, Key Players, Revenue, | Valuates Reports
Security Access Service Edge MarketThe global SASE (Secure Access Service Edge) market was valued at US$ 3331.8 million in 2022 and is anticipated to reach US$ 6032.5 million by 2029, witnessing a CAGR of 10.4% during the forecast period 2023-2029.
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Security Access Service Edge Market Trends
The increasing use of cloud computing, the expansion of remote and mobile workforces, and the growing need for all-encompassing security solutions are the main factors propelling the growth of the Secure Access Service Edge (SASE) Market. SASE offers safe access to apps and data independent of the user's location or device by fusing wide-area networking (WAN) and network security features into a cloud-native architecture. The dynamic and scattered nature of current IT infrastructures makes traditional network security techniques insufficient as enterprises shift to cloud-based apps and services. In order to meet this problem, SASE provides a scalable and consistent security architecture that combines several security features, such as firewall as a service (FWaaS), zero-trust network access (ZTNA), cloud access security broker (CASB), and secure web gateway (SWG), into one.
Furthermore, the COVID-19 epidemic has expedited the transition to remote and mobile work modes, which in turn has increased demand for SASE solutions. Because workers use different devices and locations to access company resources, firms need strong and adaptable security systems to safeguard confidential information and guarantee legal compliance. SASE is well-suited to handle the changing cybersecurity concerns in today's digital ecosystem because it can offer consistent and adaptive security controls independent of the user's location or the network environment in which they are connected. Organizations are also prioritizing investments in advanced security solutions like SASE more often as a means of bolstering their cyber resilience and reducing the risks associated with data breaches and cyberattacks, given the ongoing evolution of cyber threats in terms of both sophistication and frequency.
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By Company
•
Cisco
• Palo Alto Networks
• Barracuda Networks
• Check Point Software Technologies
• Open Systems
• Versa Networks
• VMware
• Hewlett Packard Enterprise Development
• Cato Networks
• Twingate
• Secucloud SASE
• Akamai Technologies
• Zscaler SASE
• Perimeter 81
Segment by Type
• Software
• Services
Segment by Application
• Government
• BFSI
• Retail & E-Commerce
• IT & ITES
• Healthcare
• Energy & Utilities
• Telecom
• Others
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