Global Secure Access Service Edge

Global Secure Access Service Edge Market Research Report: Forecast (2022-2027)

By Product Type (Software, Services (Network-as-a-Service, Security-as-a-Service)), By Organization Size (Large Enterprises, Small & Medium Enterprises), By End-Users (Government, BFSI, Retail & E-Com Read more

  • ICT & Electronics
  • Nov 2021
  • 232
  • IT77021

Security Access Service Edge (SASE) simplifies the IT infrastructure & frees organizations from the responsibility of managing & systematically renewing multiple security systems. The need for unified & uncomplicated access to increase network security has led to the global emergence of SASE.

According to MarkNtel Advisors, the Global Secure Access Service Edge Market is projected to grow at a CAGR of around 31.2% during the forecast period, i.e., 2022-27. The market is driven primarily by the existing complexity & difficulties in network technologies that make it easier for cybercriminals to intrude. 

Moreover, the rising inclination toward remotely working, increasing public cloud traffic, and mounting dependency on data centers are alarming the risks for data breaches & security issues. It, in turn, is significantly infusing the demand for SASE to secure data access and improve network security, further states the research report, “Global Secure Access Service Edge Market Analysis, 2022.”

Report Coverage Details
Study Period Historical Data: 2017-20
Base Year: 2021
Forecast Period: 2022-27
CAGR 31.2%
Regions Covered North America: USA, Canada
Europe: Germany, UK, France, Others
Asia-Pacific: China, Japan, Singapore
South America: Brazil, and Argentina
Middle East & Africa: UAE, Israel
Key Companies Profiled 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
Unit Denominations USD Million/Billion

 

Covid-19 Positively Influenced the Global Secure Access Service Edge Market

  • Due to the Covid-19 pandemic in 2020, most industries underwent severe impacts.
  • However, the Global Secure Access Service Edge Market observed a rapid upsurge.
  • Amidst the hiking cases of Covid-19, the governments of different countries worldwide imposed stringent movement restrictions & frequent lockdowns to combat the virus spread.
  • As a result, most organizations adopted work-from-home policies, owing to which they faced several challenges associated with productivity management in a flexible workforce & security governance.
  • This shifting work environment exposed the cloud data to greater levels of cybersecurity risks than before.
  • Hence, the demand for robust security frameworks significantly increased amidst the crisis, and the same trend is likely to be followed in the coming years.
  • Moreover, the surging need to provide convenient access of information to employees with an integrated approach shall further drive the enactment of SASE in the years to come.

Global Secure Access Service Edge Market Research Report: Forecast (2022-2027)

Market Segmentation:

Based on the Product Type, the Global Secure Access Service Edge Market segments into:

  • Software
  • Services
    • Network-as-a-Service
    • Security-as-a-Service

Of them all, the demand for Services-based SASE is projected to display the fastest growth in the coming years. It owes to the rapidly increasing demand for services like consultation & training while implementing SASE frameworks and the mounting partnerships between Managed Service Providers (MSPs) & security vendors to provide integrated managed security & network services.

Under Services, the demand for Security-as-a-Service-based SASE shall observe a relatively higher growth rate than Network-as-a-Service in the coming period. Security-as-a-Service is providing the security technologies found in enterprise data centers in the form of cloud services. It is gaining significant traction worldwide as it provides secure access to applications & services regardless of where they are hosted. With rapid advances, most organizations nowadays find it difficult to develop & maintain their network infrastructure since it requires a lot of time, which, in turn, is driving the demand for Security-as-a-Service.  

IT & Telecom Dominated the Global Secure Access Service Edge Market with the Largest Share

IT & ITES companies worldwide put immense efforts into adopting cloud-based infrastructure & introducing digital applications to drive their businesses. SASE brings networking & security to address the challenges emanating from applications outside the data center, sensitive data saved in multiple cloud services, and employees operating from different locations. Therefore, IT companies are actively looking for unified & secure networking solutions, which, in turn, drives the demand for SASE.

On the other hand, Telecom companies are massively investing in building a robust security framework since they revolve around data transfer that makes them prone to potential cyberattacks. Furthermore, the increasing awareness among telecom operators regarding various benefits associated with data & network security has also surged the adoption rate of SASE in telecom companies, reveals MarkNtel Advisors in their research report, “Global Secure Access Service Edge Market Analysis, 2022.”

Regional Landscape

Based on the Geography, the Global Secure Access Service Edge Market expands across:

  • North America
  • Europe
  • Asia-Pacific
  • Middle East & Africa

Here, North America acquired the highest revenue share in the previous years and is anticipated to prevail the same trend in the forecast period. It owes primarily to burgeoning instances of cyberattacks & authentication frauds among large enterprises, particularly in the US & Canada, and the adverse impact of these attacks on the overall business operations, i.e., driving substantial investments in IT infrastructure, rapid technological advancements, and mounting adoption of cloud services across the region.

On the other hand, Asia-Pacific is projected to observe considerable market growth in the coming years. It owes prominently to the massive expenditure on IT infrastructure, particularly across China & Japan, coupled with the burgeoning adoption of 'Bring Your Own Device' (BYOD) & rapid digitalization in these countries, leading to the increasing risks of cyberattacks.

Market Dynamics:

Key Drivers

  • Increasing requirements for a unified network security infrastructure, including capabilities like SD-WAN, SWG, ZTNA, and FWaaS
  • Lack of advanced security tools & processes
  • Growing need to abide by the regulatory & data protection laws

Growth Restraints

  • Unawareness among organizations regarding the number of cloud resources running & the process of configuring them, coupled with benefits of posture management, cloud security architecture, & strategy.
  • Lack of key identity-related security controls resulting in unclear visibility of misconfigurations that go undetected
  • Migration of some IT infrastructure to public clouds compromising security architecture to withstand cyberattacks

Key Questions Answered in the Market Research Report:

  1. What are the overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares) of the Global Secure Access Service Edge Market?
  2. What are the region-wise industry size, drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Secure Access Service Edge Market?
  4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global Secure Access Service Edge Market based on the competitive benchmarking matrix?
  5. What are the key results derived from surveys conducted during the Global Secure Access Service Edge Market study?

Frequently Asked Questions

A. The Global Secure Access Service Edge Market is likely to grow at a CAGR of around 31.2% in the coming period of 2022-27.

A. The demand for Services-based SASE is expected to witness the fastest growth during 2022-27 and provide lucrative opportunities to the market leaders.

A. The rapidly increasing need for a unified network security infrastructure, including capabilities like SD-WAN, SWG, and ZTNA, is the most prominent aspect likely to drive the Global Secure Access Service Edge Market through 2027.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Executive Summary
  3. Impact of COVID-19 on Secure Access Service Edge Market
  4. Impact of Industrial 4.0 on Secure Access Service Edge Market
  5. Global Secure Access Service Edge Market Start-up Ecosystem, 2017-2021
    1. Entrepreneurial Activity
    2. Year on Year Funding Received
    3. Funding Received by Top Companies
    4. Key Investors Active in the Market
    5. Series Wise Funding Received
      1. Seed Funding
      2. Angel Investing
      3. Venture Capitalists (VC) Funding
      4. Others
  6. Expert Verbatim: What our expert says?
  7. Global Secure Access Service Edge Market Trends & Insights
  8. Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  9. Global Secure Access Service Edge Market Hotspot & Opportunities
  10. Global Secure Access Service Edge Market Key Strategic Imperatives for Success & Growth
  11. Global Secure Access Service Edge Market Government Regulations and Policy Analysis
  12. Gap Analysis of the Current State of Secure Access Service Edge & it’s Future Prospects
  13. Global Secure Access Service Edge Market Analysis, 2017-2027
    1. Market Size and Analysis
      1.  By Revenue
    2. Market Share and Analysis
      1.  By Product Type
        1. Software
        2. Services
          1. Network-as-a-Service
          2. Security-as-a-Service
      2. By Organization Size
        1. Large Enterprise
        2. Small & Medium Enterprise
      3. By End Users
        1. Government
        2. BFSI
        3. Retail & E-Commerce
        4. IT & ITES
        5. Healthcare
        6. Energy & Utilities
        7. Telecom
        8. Others (Manufacturing, etc.)
      4. By Company
        1. Competition Characteristics
        2. Market Share and Analysis
      5. By Region
        1. North America
        2. Europe
        3. Middle East & Africa
        4. Asia-Pacific
  14. North America Secure Access Service Edge Market Analysis, 2017-2027
    1. Market Size and Analysis
      1. By Revenue
    2. Market Share and Analysis
      1. By Product Type
      2. By Organization Size
      3. By End Users
      4. By Country
        1. The US Secure Access Service Edge Market Analysis, 2017-2027
          1. Market Size and Analysis
            1. By Revenue
          2. Market Share and Analysis
            1. By End Users
      5. Canada Secure Access Service Edge Market Analysis, 2017-2027
        1. Market Size and Analysis
          1. By Revenue
        2. Market Share and Analysis
          1. By End Users
  15. Europe Secure Access Service Edge Market Analysis, 2017-2027
    1. Market Size and Analysis
      1. By Revenue
    2. Market Share and Analysis
      1. By Product Type
      2. By Organization Size
      3. By End Users
      4. By Country
        1. Germany Secure Access Service Edge Market Analysis, 2017-2027
          1. Market Size and Analysis
            1. By Revenue
          2. Market Share and Analysis
            1. By End Users
      5. The UK Secure Access Service Edge Market Analysis, 2017-2027
        1. Market Size and Analysis
          1. By Revenue
        2. Market Share and Analysis
          1. By End Users
    3. France Secure Access Service Edge Market Analysis, 2017-2027
      1. Market Size and Analysis
        1. By Revenue
      2. Market Share and Analysis
        1. By End Users
  16. Rest of Europe
  17. Middle East & Africa Secure Access Service Edge Market Analysis, 2017-2027
    1. Market Size and Analysis
      1. By Revenue
    2. Market Share and Analysis
      1. By Product Type
      2. By Organization Size
      3. By End Users
      4. By Country
        1. UAE Secure Access Service Edge Market Analysis, 2017-2027
          1. Market Size and Analysis
            1. By Revenue
          2. Market Share and Analysis
            1. By End Users
      5. Israel Secure Access Service Edge Market Analysis, 2017-2027
        1. Market Size and Analysis
          1. By Revenue
        2. Market Share and Analysis
          1. By End Users
    3. Rest of Middle East & Africa
  18. Asia-Pacific Secure Access Service Edge Market Analysis, 2017-2027
    1. Market Size and Analysis
      1. By Revenue
    2. Market Share and Analysis
      1. By Product Type
      2. By Organization Size
      3. By End Users
      4. By Country
        1. Japan Secure Access Service Edge Market Analysis, 2017-2027
          1. Market Size and Analysis
            1. By Revenue
          2. Market Share and Analysis
            1. By End Users
      5. China Secure Access Service Edge Market Analysis, 2017-2027
        1. Market Size and Analysis
          1. By Revenue
        2. Market Share and Analysis
          1. By End Users
    3. Singapore Secure Access Service Edge Market Analysis, 2017-2027
      1. Market Size and Analysis
        1. By Revenue
      2. Market Share and Analysis
        1. By End Users
  19. Rest of Asia-Pacific
  20. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Target End Users
      4. Manufacturing Units
      5. Research & Development
      6. Strategic Alliance
      7. Strategic Initiatives
    2. Company Profiles (Business Description, Product Offering, Business Segments, Financials, Strategic Alliances or Partnerships, Future Plans)
      1. McAfee
      2. Cisco
      3. Palo Alto Networks
      4. Barracuda Networks, Inc.
      5. Check Point Software Technologies Ltd.
      6. Open Systems
      7. Versa Networks, Inc.
      8. VMware Inc.
      9. Hewlett Packard Enterprise Development LP
      10. Cato Networks
      11. Twingate
      12. Secucloud SASE
      13. Akamai Technologies Inc.
      14. Zscaler SASE
      15. Perimeter 81
      16. Others
  21. Disclaimer
Secure Access Service Edge Market Segmentation