Secure Access Service Edge Market on Track for Strong Growth, Estimated to Grow at 27.3% CAGR Through 2029

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Secure Access Service Edge Market Size Growth Forecast: What to Expect by 2025?
The market size for secure access service edge has seen significant expansion in the last few years. It is projected to increase from $2.4 billion in 2024 to $2.99 billion in 2025, with a compound annual growth rate (CAGR) of 24.8%. The historical trajectory of growth can be traced back to factors such as the emergence of remote work patterns, the widespread uptake of cloud services, heightened cybersecurity risks, focus on network transformation, and a move towards zero-trust security models.

How Will the Secure Access Service Edge Market Size Evolve and Grow by 2029?
In the following years, the market size for secure access service edge is projected to undergo unprecedented growth, ballooning to $7.86 billion by 2029 with a compound annual growth rate (CAGR) of 27.3%. The surge experienced during the projection period can be traced back to definitive hybrid work models, accelerated cloud uptake, emphasis on user-oriented security, synergy with edge computing, and rising need for managed SASE services. Focal points during this forecast period are likely to be edge security, incorporation of SD-wan capabilities, adoption of identity-focused security, and the implementation of micro-segmentation techniques.

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What Drivers Are Propelling the Growth of Secure Access Service Edge Market Forward?
The increase in cyber threats is anticipated to boost the expansion of the secure access service edge market. Cyber threats involve damaging actions and susceptibilities in electronic systems that could endanger data, privacy, and overall security. The escalating cyber risks necessitate reliable security measures such as secure access service edge (SASE) to shield sensitive information, counter cyber threats, and preserve business continuity amidst an increasing variety of refined attacks and intrusions due to various shifting digital vulnerabilities. As an example, the Department of Defence Australia announced in November 2023 that during the financial year 2022-2023, the Australian Cyber Security Centre handled over 94,000 cybercrime complaints, marking a 23 percent surge compared to the 2021-2022 fiscal year. Hence, escalating cyber threats are set to fuel the secure access service edge market.

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Which Emerging Trends Are Transforming the Secure Access Service Edge Market in 2025?
Key players in the secure access service edge market are strategizing on the development of cloud-centric technologies to establish a competitive edge in this sector. The incorporation of cloud-based technologies into the secure access service edge (SASE) sphere refers to the application of cloud infrastructure and computing in providing networking and security services as components of the SASE structure. This also facilitates the merging of security and network functionalities into a cohesive, cloud-based architecture. For example, in July 2023, Zscaler Inc., an American firm that offers cloud-powered information security solutions, rolled out Zscaler Resilience. This innovative suite of features is intended to bolster the resilience of Zscaler's architecture and functions. These features provide uninterrupted links between users, devices, and essential cloud applications, equipping businesses with the ability to anticipate and recuperate from unforeseen disruptions. Zscaler Resilience incorporates enhanced security and service activation features and autonomously chooses the most optimal route for establishing user-to-application connections. This results in unparalleled business continuity, enabling businesses to sustain operations during difficult circumstances such as brownouts or blackouts.

What Are the Key Segments in the Secure Access Service Edge Market?
The secure access service edgemarket covered in this report is segmented -

1) By Offering: Network As A Service, Security As A Service
2) By Organization Size: Large Enterprise, Small And Medium Enterprises
3) By End-User Vertical: Banking, Financial Services And Insurance (BFSI), Information Technology And Telecom, Retail, Healthcare, Government, Manufacturing, Other End-Users

Subsegments:
1) By Network As A Service (NaaS): WAN Services, SD-WAN Solutions, Cloud Networking
2) By Security As A Service (SECaaS): Secure Web Gateway, Cloud Access Security Broker (CASB), Firewall As A Service (FWaaS), Zero Trust Network Access (ZTNA)

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Who Are the Key Players Shaping the Secure Access Service Edge Market's Competitive Landscape?
Major companies operating in the secure access service edge market report are Cisco Systems Inc., Broadcom Inc., Hewlett Packard Enterprise Development LP, VMware Inc., Fortinet Inc., Akamai Technologies Inc., Citrix Systems Inc., Check Point Software Technologies Ltd., Trend Micro Incorporated, Palo Alto Networks Inc., Okta Inc., Proofpoint Inc., Zscaler Inc., Cloudflare Inc., Cato Networks Ltd., Forcepoint LLC, Barracuda Networks Inc., Lookout Inc., Open Systems AG, WatchGuard Technologies Inc., McAfee LLC, AireSpring Inc., Versa Networks Inc., Netskope Inc., iboss Inc., Bitglass Inc., Perimeter 81 Ltd., Aryaka Networks Inc., Wandera Ltd., NordLayer Technologies AB.

What Geographic Markets Are Powering Growth in the Secure Access Service Edge Market?
North America was the largest region in the secure access service edge market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the secure access service edge market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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