Market Overview: Global Secure Access Service Edge Market
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Secure Access Service Edge Market Insights 2022-27
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.
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Top Players in the Secure Access Service Edge Market:
- McAfee
- 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
- Others
Segmentation Analysis of Secure Access Service Edge Market
Secure Access Service Edge Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2022-27, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.
-By Product Type
- Software
- Services
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.
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-By Organization Size
- Large Enterprise
- Small & Medium Enterprise
-By End Users
- Government
- BFSI
- Retail & E-Commerce
- IT & ITES
- Healthcare
- Energy & Utilities
- Telecom
- Others (Manufacturing, etc.)
A Comprehensive Geographical Analysis:
-By Region
- North America
- Europe
- Middle East & Africa
- Asia-Pacific
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.
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