Press release
Security Service Edge (SSE) Market Projected to Reach USD 61.12 Billion by 2034 | CAGR: 24.6%
The global security service edge (SSE) market size was valued at USD 6.80 billion in 2024. It is anticipated to generate an estimated revenue of USD 61.12 billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust CAGR of 24.6% over the forecasted timeframe, 2025-2034.
Market Scope
Security service edge (SSE) is a gathering of combined cloud focused security potential that eases secure admittance to websites, software-as-a-service (SaaS) applications, and private applications. A complete SSE solution offers firms with the entire set of security technologies that require to offer staff, trusted associates and contractors secure distant admittance to applications, data, instruments and other corporate capital and observe and trace behaviour once users access the framework.
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Zero Trust Network Access (ZTNA) is a grouping of technologies that offer secure remote access to applications and services dependent on elucidated access regulation schemes. When integrated into a comprehensive Security Service Edge (SSE) framework, ZTNA delivers a robust approach to remote access security. Rather than relying on traditional perimeter-based models, ZTNA enforces strict identity verification and access controls, regardless of the user's location or device. This model minimizes unnecessary risk and complexity by eliminating excessive trust and continuously validating access requests.
Market Drivers
Growing Cybersecurity Threats: Cybersecurity threats such as ransomware, data violation, and phishing attacks are becoming more prevalent and modified. As per the Identity Theft Data Resource, in 2023, data compromises escalated by 78% as contrasted to 2022, highlighting the surge in cases of cyber attacks and data violations. As firms shift more crucial functions to the cloud, conventional threat protection proceedings frequently are deficient in prohibiting these progressive attacks. This is driving up the security service edge (SSE) market demand.
Escalating Government Directives:
Governments globally have inflicted stringent data safeguarding and privacy legislations such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA). Firms must conform to these directives to circumvent heavy fines and recognized damage.
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SSE Market Report Highlights
• Based on organization size, in 2024, the large enterprises segment dominated the security service edge market share as large organizations often have complex IT infrastructures and a vast number of employees working across various locations.
• The solution segment, by offering, is expected to witness significant growth during the forecast period, driven by the increasing demand for comprehensive security solutions that can protect users and data across cloud environments, remote networks, and on-premises applications.
• In 2024, North America led the global market revenue share due to the presence of advanced IT infrastructure, high adoption of cloud infrastructure, and increasing incidents of cybersecurity threats.
• Asia Pacific is expected to record the highest CAGR during the forecast period, driven by digital transformation, expanding cloud adoption, and increasing number of cyber-attacks.
Competitive Landscape
Market contenders are augmenting their business existence by approaching untapped geographic regions. Market leaders are as follows:
• Broadcom
• Cisco
• Cloudflare
• Forcepoint
• Fortinet
• HPE
• IBOSS
• Netskope
• Microsoft
• Palo Alto Network
• Skyhigh Security
• Zscaler
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Geographical Landscape
The security service edge market report offers detailed insights into the market landscape, which is further categorized into sub-regions and specific countries.
North America accounted for the largest market share in 2024 due to the existence of a progressive IT framework, elevated cloud acquisition, and growing cybersecurity threats.
Asia Pacific is anticipated to have the highest CAGR during the forecast period due to digital transformation, augmenting cloud acquisition, and growing cyber threats. Nations such as China, Japan and South Korea are funding massively in cyber security to safeguard their augmenting digital economies.
• North America
o US
o Canada
• Europe
o Germany
o UK
o France
o Italy
o Spain
o Russia
o Netherlands
o Rest of Europe
Market Segmentation
By Offering (Revenue - USD Billion, 2020-2034)
• Solution
• Service
By Deployment (Revenue - USD Billion, 2020-2034)
• Cloud
• On-Premise
By Organization Size (Revenue - USD Billion, 2020-2034)
• SMEs
• Large Enterprises
By Vertical (Revenue - USD Billion, 2020-2034)
• IT & Telecom
• Retail & E-commerce
• BFSI
• Government
• Healthcare
• Others
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Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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