Secure Access Service Edge Global Market Size is Expected to Witness $6.16 Billion with Impressive Growth at a 26.6% CAGR By 2028
The Secure Access Service
Edge Global Market Report 2024 by The Business Research Company provides market
overview across 60+ geographies in the seven regions - Asia-Pacific, Western
Europe, Eastern Europe, North America, South America, the Middle East, and
Africa, encompassing 27 major global industries. The report presents a
comprehensive analysis over a ten-year historic period (2010-2021) and extends
its insights into a ten-year forecast period (2023-2033).
Learn More On The Secure Access Service Edge Market:
https://www.thebusinessresearchcompany.com/report/secure-access-service-edge-global-market-report
According to The Business Research Company’s Secure Access Service Edge Global
Market Report 2024, The secure access service edge market size has grown
exponentially in recent years. It will grow from $1.89 billion in 2023 to $2.4
billion in 2024 at a compound annual growth rate (CAGR) of 27.0%. The
growth in the historic period can be attributed to rise in remote work
trends, growing adoption of cloud services, increasing cybersecurity threats,
emphasis on network transformation, shift to zero-trust security models..
The secure access service edge market size is expected to see exponential
growth in the next few years. It will grow to $6.16 billion in 2028 at a
compound annual growth rate (CAGR) of 26.6%.
The growth in the forecast period can be attributed to permanent hybrid
work models, rapid cloud adoption, focus on user-centric security, integration
with edge computing, increased demand for managed sase services.. Major trends
in the forecast period include focus on edge security, integration of sd-wan
capabilities, adoption of identity-centric security, utilization of
micro-segmentation techniques.
The rising cyber threats are expected to propel the growth of the secure access
service edge market going forward. Cyber threats refer to malicious activities
and vulnerabilities in digital systems that can compromise data, privacy, and
security. Growing cyber risks encourage the need for robust security solutions
such as secure access service edge (SASE) to safeguard sensitive data, mitigate
cyber threats, and ensure business continuity against a growing array of
sophisticated attacks and breaches from various changing digital
vulnerabilities. For instance, in December 2021, according to Surfshark, a
Netherlands-based virtual private networks service company, around 952.8
million accounts were breached in the first 11 months of 2021, compared to
921.8 million breaches in 2020. Therefore, rising cyber threats will drive the
secure access service edge market.
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The secure access service edge market 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
Major companies operating in the secure access service edge market are focusing
on developing cloud-based technologies to gain competitive advantages in the
market. Cloud-based technologies integrated into the secure access service edge
(SASE) network refer to the use of cloud computing and cloud infrastructure to
deliver security and networking services as part of the SASE framework, as they
enable the consolidation of security and networking functions into a unified,
cloud-native architecture. For instance, in July 2023, Zscaler Inc., a US-based
provider of cloud-based information security solutions, launched Zscaler
Resilience, a new suite of capabilities designed to enhance the robustness of
Zscaler's architecture and operations. These capabilities ensure uninterrupted
connections between users, devices, and vital cloud applications, helping
businesses prepare for and recover from unexpected disruptions. Zscaler
Resilience includes advanced security and service enablement features,
automatically selecting the best path for user-to-application connections. This
contributes to exceptional business continuity, allowing organizations to
maintain operations during challenging situations such as blackouts and
brownouts.
The secure access service edge market report table of contents includes:
1. Executive Summary
2. Secure Access Service Edge Market Characteristics
3. Secure Access Service Edge Market Trends And Strategies
4. Secure Access Service Edge Market - Macro Economic Scenario
5. Global Secure Access Service Edge Market Size and Growth
.....
32. Global Secure Access Service Edge Market Competitive
Benchmarking
33. Global Secure Access Service Edge Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Secure Access Service Edge
Market
35. Secure Access Service Edge Market Future Outlook and Potential
Analysis
36. Appendix
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