According to MarkNtel Advisors, the Global Secure Access Service Edge Market is expected to grow at a CAGR of 31.2% in the forecast period of 2022-27. The market growth attributes principally to the aggressive adoption of cloud-based IT solutions among several businesses worldwide.
Secure Access Service Edge (SASE) enables organizations to save hefty costs associated with procuring multiple security systems and help them quickly implement robust data & network security policies. The rising inclination toward working from home, especially since the Covid-19 outbreak, has compelled the need for reliable security systems to address potential cyber threats beforehand and ensure secure access to data on the go.
Moreover, rapid technological advancements in cloud computing have further enhanced business productivity and, in turn, increased the demand for SASE architecture. Furthermore, growing awareness among organizations regarding the various benefits of cloud computing is another crucial aspect encouraging the massive adoption of SASE solutions and driving the global market, further states the research report, “Global Secure Access Service Edge Market Analysis, 2022."
According to the research report, the Global Secure Access Service Edge Market, based on End-User, segments into:
Here, IT & ITES Companies dominated the Global Secure Access Service Edge Market in recent years. These companies have put immense efforts toward adopting cloud-based infrastructure & introducing digital applications for efficient business operations. Additionally, with the increasing awareness about the benefits of SASE for networking & security, enabling the firms to address challenges, the market is likely to continue observing significant growth across the IT sector.
North America to Continue its Predominance in the Global Market during 2022-27
The rapidly increasing cyber fraud cases across North America is driving massive expenditure on IT infrastructure in the region. The US is the fastest-growing regional market since it is an early adopter of advanced technologies & is increasingly focusing on strengthening its IT infrastructure. The growing incidents of cyberattacks among large enterprises, coupled with the severe effects of these attacks on the overall business, is highly encouraging the enactment of SASE across the region, reveals MarkNtel Advisors in their research report, "Global Secure Access Service Edge Market Analysis, 2022."
Key Market Competitors
According to MarkNtel Advisors, the leading players in the Global Secure Access Service Edge Market are Cisco, Palo Alto Networks, Barracuda Networks, Inc., Check Point Software Technologies Ltd., Open Systems, Versa Networks, Inc., VMware Inc., Hewlett Packard Enterprise Development LP, Cato Networks, Twingate, Secucloud SASE, Akamai Technologies Inc., Zscaler SASE, Perimeter 81.
Key Questions Answered in the Study