Secure Access Service Edge Market Size (2024 - 2029)

The Secure Access Service Edge market is experiencing significant growth, driven by the integration of network and security features into a single cloud-native service. This convergence is essential for protecting distributed workforces and cloud-based applications in a scalable and secure manner. The market's expansion is further fueled by the increasing adoption of public and hybrid cloud systems, which are becoming a substantial part of IT budgets across various businesses. However, market players face challenges in maintaining regulatory compliance and safeguarding their technologies while adapting to evolving regulations. Despite these challenges, the market's potential continues to grow as organizations increasingly rely on cloud solutions.

Market Size of Secure Access Service Edge Industry

Secure Access Service Edge Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 10.76 Billion
Market Size (2029) USD 27.10 Billion
CAGR (2024 - 2029) 20.29 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

Secure Access Service Edge Market Major Players

*Disclaimer: Major Players sorted in no particular order

Secure Access Service Edge Market Analysis

The Secure Access Service Edge Market size is estimated at USD 10.76 billion in 2024, and is expected to reach USD 27.10 billion by 2029, growing at a CAGR of 20.29% during the forecast period (2024-2029).

SASE signifies a paradigm shift in network access security. It combines network and security features, like Firewall-as-a-service (FWaaS) and SD-WAN, further combining network-as-a-service (NaaS) into a single cloud-native service. With this convergence, distributed workforces and cloud-based applications will be protected and connected in a scalable, flexible, and secure manner.

  • SASE improves security in SDN environments, thereby completing software-defined networking (SDN) systems. Dynamic network configuration is made possible by SDN, and SASE guarantees that these networks are secure as they change in order to meet the changing requirements. SASE protects IoT devices and the data they generate as the Internet of Things (IoT) develops. In the context of the IoT, secure communications and data protection are essential.
  • Furthermore, cloud-based SASE may witness a surge in adoption. For instance, in February 2024, Huawei announced the new HiSec SASE Solution launch at the IP Club Carnival. This newly launched solution comes with cloud-network-edge-endpoint integrated intelligent protection, providing consistent security assurance for the enterprise headquarters and branches.
  • The increasing usage of the public cloud is boosting cloud spending for businesses of all kinds. Cloud spending is already a significant aspect of IT budgets, wherein about 77% of companies stated that their annual cloud spending value surpasses USD 12 million, and 80% of them stated that the value exceeds USD 1.2 million. As SMBs have fewer and smaller workloads, their overall cloud costs are cheaper.
  • The market players are concerned about maintaining proper regulatory compliance while offering clients SASE services and executing expenses. Sometimes, vendors find it difficult to safeguard their technology, keep running smoothly, and comply with all applicable laws and regulations. Vendors' non-compliance with rules and standards can adversely affect their services and jeopardize clients' business operations. By adhering to the accepted standards and best service-delivery practices, they offer programs and services to prioritize them. Vendors need help keeping up with evolving technologies and government regulations.
  • The growth in investment strategies in a larger share of businesses globally will accelerate the adoption of secure access service edge in supporting business growth. In the post-COVID-19 era, there will be a significant increase in the number of vendors with single-vendor SASE offerings. New SD-WAN purchases in the post-COVID-19 era will be part of a single-vendor SASE offering.

Secure Access Service Edge Industry Segmentation

Secure access service edge converges cloud networking with security for simplicity, scalability, flexibility, and pervasive security. Combining network security functions with WAN capabilities, SASE delivers secure, optimal, and automated cloud access to applications and workloads. SASE provides secure access from a single management platform, regardless of the location of users and applications.

The secure access service edge (SASE) market is segmented by offering type (network-as-a-service (NaaS) and security-as-a-service (SaaS)), organization size (large enterprises and small and medium enterprises), end-user vertical (BFSI, IT and telecom, retail, healthcare, government, and manufacturing), and geography (North America [United States and Canada], Europe [Germany, United Kingdom, France, and Rest of Europe], Asia Pacific [India, China, Japan, and Rest of Asia Pacific], Latin America, and the Middle East and Africa). The market sizes and forecasts are provided in USD for all the above-mentioned segments.

By Offering Type
Network as a Service
Security as a Service
By Organization Size
Large Enterprises
Small and Medium Enterprises
By End-user Vertical
BFSI
IT and Telecom
Retail
Healthcare
Government
Manufacturing
Other End-user Verticals
By Geography***
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Belgium
Netherlands
Luxembourg
Denmark
Finland
Norway
Sweden
Iceland
Asia
India
China
Japan
Taiwan
South Korea
Malaysia
Hong Kong
Australia and New Zealand
Latin America
Middle East and Africa
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Secure Access Service Edge Market Size Summary

The Secure Access Service Edge (SASE) market is experiencing significant growth, driven by the increasing need for integrated network and security solutions in a cloud-centric world. SASE represents a transformative approach to network access security by combining features such as Firewall-as-a-Service (FWaaS) and Software-Defined Wide Area Networking (SD-WAN) with network-as-a-service (NaaS) into a unified cloud-native service. This convergence is particularly beneficial for distributed workforces and cloud-based applications, offering scalable, flexible, and secure connectivity. As organizations shift towards cloud infrastructure and remote work models, traditional network architectures are being challenged, prompting large enterprises to adopt SASE for its ability to provide robust security and seamless access across diverse environments. The market is further bolstered by the growing adoption of IoT devices, which necessitate secure communications and data protection.

In North America, particularly the United States and Canada, the SASE market is poised for substantial growth due to the rapid digitization and cloud adoption across various industries. The presence of major cloud service providers and technological innovations in these regions supports the expansion of SASE solutions. Vendors like VMware, Palo Alto Networks, and Cisco Systems Inc. are leading the market, offering comprehensive services to meet the evolving security and networking needs of enterprises. The increasing automation and deployment of connected devices are expected to drive demand, with the network-as-a-service model gaining traction among small businesses. Partnerships and strategic collaborations, such as those between Palo Alto Networks and Orange Business, are enhancing the market's offerings, providing AI-powered SASE solutions to address the expanding digital attack surface.

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Secure Access Service Edge Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.2.1 Bargaining Power of Suppliers

      2. 1.2.2 Bargaining Power of Consumers

      3. 1.2.3 Threat of New Entrants

      4. 1.2.4 Intensity of Competitive Rivalry

      5. 1.2.5 Threat of Substitute Products and Services

    3. 1.3 Assessment of Macro Economic Factors Impact on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Offering Type

      1. 2.1.1 Network as a Service

      2. 2.1.2 Security as a Service

    2. 2.2 By Organization Size

      1. 2.2.1 Large Enterprises

      2. 2.2.2 Small and Medium Enterprises

    3. 2.3 By End-user Vertical

      1. 2.3.1 BFSI

      2. 2.3.2 IT and Telecom

      3. 2.3.3 Retail

      4. 2.3.4 Healthcare

      5. 2.3.5 Government

      6. 2.3.6 Manufacturing

      7. 2.3.7 Other End-user Verticals

    4. 2.4 By Geography***

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

      2. 2.4.2 Europe

        1. 2.4.2.1 Germany

        2. 2.4.2.2 United Kingdom

        3. 2.4.2.3 France

        4. 2.4.2.4 Spain

        5. 2.4.2.5 Italy

        6. 2.4.2.6 Belgium

        7. 2.4.2.7 Netherlands

        8. 2.4.2.8 Luxembourg

        9. 2.4.2.9 Denmark

        10. 2.4.2.10 Finland

        11. 2.4.2.11 Norway

        12. 2.4.2.12 Sweden

        13. 2.4.2.13 Iceland

      3. 2.4.3 Asia

        1. 2.4.3.1 India

        2. 2.4.3.2 China

        3. 2.4.3.3 Japan

        4. 2.4.3.4 Taiwan

        5. 2.4.3.5 South Korea

        6. 2.4.3.6 Malaysia

        7. 2.4.3.7 Hong Kong

        8. 2.4.3.8 Australia and New Zealand

      4. 2.4.4 Latin America

      5. 2.4.5 Middle East and Africa

Secure Access Service Edge Market Size FAQs

The Secure Access Service Edge Market size is expected to reach USD 10.76 billion in 2024 and grow at a CAGR of 20.29% to reach USD 27.10 billion by 2029.

In 2024, the Secure Access Service Edge Market size is expected to reach USD 10.76 billion.

Secure Access Service Edge Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)