Secure Access Service Edge Market is expected to grow with a CAGR of 36.4% from 2023 to 2030.
This report describes the global market size of Secure Access Service Edge Market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 36.4% from 2023 to 2030.
A secure access service edge (SASE) is technology used to deliver wide area network (WAN) and security controls as a cloud computing service directly to the source of connection (user, device, Internet of things (IoT) device, or edge computing location) rather than a data centre. It uses cloud and edge computing technologies to reduce the latency that results from backhauling all WAN traffic over long distances to one or a few corporate data centres, due to the increased movement off-premises of dispersed users and their applications.
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Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Secure Access Service Edge Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 36.4% during the forecast period 2023-2030. North American market for Secure Access Service Edge Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of % during the forecast period of 2023 through 2030.
For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report cover following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Secure Access Service Edge Market as well as some small players. The information for each competitor include:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share
By Component
Platform
Services
In 2020, the platform segment dominated the market and was responsible for more than 70% of total revenue. According to the rising need for a unified solution that can safely link people and devices in an easy-to-use fashion, the category is anticipated to maintain its market dominance over the course of the forecast. It is projected that businesses of all sizes will choose SASE platforms when upgrading network access architecture and implementing network security. The segment is expected to develop as a result of ongoing digital corporate transformation, rising SaaS application demand, and the requirement to limit access to sensitive data housed in the cloud.
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By Application
IT & Telecom
BFSI
Manufacturing
Retail & E-commerce
Healthcare
Government
Energy & Utilities
Others
In 2020, the market was led by the IT & telecom sector, which contributed more than 20% of total revenue. In an effort to move to a cloud-based infrastructure and deploy digital applications to stimulate corporate growth, IT businesses were looking for unified and secure networking and access solutions. On the other hand, telecom corporations also kept up their aggressive spending on strong security frameworks because the majority of their services include data transfer. Over the course of the projection period, the segment is anticipated to rise as more people become aware of the potential advantages of implementing SASE frameworks.
By Region
North America
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APAC
Europe
South America
Middle East & Africa
Over 48% of worldwide revenue was generated in North America in 2020, and it is anticipated that this region would continue to dominate the market over the projected period. Rising usage of cloud services, aggressive IT infrastructure spending, and ongoing technological advancements are driving rising industry players to enter the regional market. Organisational IT spending in North America is being driven mostly by the surge in cyberattacks that target large businesses and the negative effects these assaults have on the overall business.
By Company
Check Point Software Technologies – Israel
Hewlett Packard Enterprise Development LP
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