Secure Access Service Edge Market Size - By Offering (Network as a Service, Security as a Service), Organization Size (Large Enterprise, SME), End-user (BFSI, IT & Telecom, Retail, Healthcare, Government, Manufacturing), Service Standards & Forecast, 2024 – 2032

Secure Access Service Edge Market Size

Secure Access Service Edge Market size was valued at USD 1.8 billion in 2023 and is estimated to register a CAGR of over 25% between 2024 and 2032. Increasing cyber security attacks are driving the adoption of secure access service edge. Organizations are facing substantial disruption and financial losses due to cyberattacks. To mitigate these threats, companies are increasingly adopting advanced security solutions.
 

For instance, in June 2023, MOVEit Transfer data breach affected numerous organizations, exposing sensitive data and causing significant operational disruptions. This included government agencies, financial services companies, pension funds, and other entities that used MOVEit for transferring sensitive data. To mitigate these threats, companies are increasingly adopting advanced security solutions. Beyond implementing comprehensive security measures, adherence to current government data protection regulations is imperative. Effective data security policies are essential for managing data privacy concerns.
 

The wide adoption of cloud computing across the globe is driving a significant shift in organizations IT environments. As businesses move their applications, data, and services to cloud platforms they encounter new challenges related to security and access management. SASE addresses these challenges by providing a consolidated approach that integrates network security with cloud access control. To meet growing demand for secure access service edge market players focusing strategic initiatives.
 

For instance, in November 2023, Singtel partnered with Zscaler to offer managed security services across Asia, focusing on enhancing cybersecurity for enterprises in the region. This collaboration provided comprehensive security solutions that addressed the increasing threats faced by businesses as they transition to digital operations. The partnership enabled Singtel to deliver Zscaler's cloud-based security solutions, which included secure internet access, private application access, and comprehensive threat protection.
 

The deployment of SASE solutions is a complex and resource-intensive process, particularly for organizations that have established IT infrastructures and legacy systems. Integrating SASE with these existing network and security environments involves extensive planning, detailed configuration, and significant customization to ensure compatibility & optimal functionality. Organizations must address numerous challenges, including the migration of data, integration of various systems, and comprehensive staff training. Managing the transition from traditional security models to a SASE framework requires considerable resources and technical expertise. To ensure optimal performance and reliability, expertise in network configuration and management is essential.
 

Secure Access Service Edge Market Trends

Security systems are increasingly incorporating AI and machine learning to enhance their threat detection and response capabilities. These technologies utilize advanced algorithms to analyse large volumes of network data in real time, identifying patterns and anomalies that may indicate potential security threats.
 

AI-driven threat intelligence systems can proactively detect and adapt to emerging threats, while machine learning models continuously improve their ability to predict and mitigate risks based on evolving data. This approach not only strengthens overall security but also accelerates threat response and reduces the risk of breaches, improving organizational resilience. AI and ML enhance the automatic response capabilities of SASE systems by executing predefined security protocols without the need for human intervention.
 

 In addition, integrating AI and ML into SASE solutions strengthens overall security and provides a more adaptive and resilient defense mechanism, offering organizations protection strategy against evolving cyber threats. For instance, in July 2024 Forcepoint, a global leader in data-first cybersecurity solutions, unveils its comprehensive GenAI Security solution, offering visibility, control, and risk-based data protection across generative AI platforms, including integration with OpenAI’s ChatGPT Enterprise Compliance API.
 

Secure Access Service Edge Market Analysis

Based on the offering, the market is categorized into network as a service and security as a service. In 2023, security as a service segment accounted for a market share of over 50%. These platforms can seamlessly adapt to an organization's evolving needs, whether it involves scaling for additional users, expanding to new locations, or addressing emerging security threats. This adaptability is crucial in the dynamic of network security, where threats and requirements are constantly shifting. SaaS solutions empower enterprises to rapidly deploy new security features, adjust usage, and tackle new challenges without significant reconfiguration or additional hardware investments.
 

This agility ensures robust protection and aligns security capabilities with business growth and technological advancements. For instance, in June 2024, Tata Communications launched its Unified/Single-Vendor Hosted Secure Access Service Edge (SASE), marking a significant advancement in next-generation networking and security for global enterprises. This innovative solution was developed in collaboration with Versa Networks, a leader in AI-powered Unified SASE technology. The solution is fully managed by Tata Communications, thereby ensuring secure, scalable, and agile deployment. This management included seamless operational integration with the existing enterprise systems.
 

Based on the end-user, the secure access service edge market is divided into BFSI, IT & telecom, retail, healthcare, government, manufacturing, and others. In 2023, the government segment accounted for USD 188.5 million market revenue. The government sector is increasingly adopting cloud computing due to its benefits of scalability, cost-efficiency, and flexibility. Cloud solutions enable governments to modernize their IT infrastructure, improve service delivery, and enhance data management capabilities.
 

By leveraging cloud computing, agencies can streamline operations, reduce operational costs, and foster innovation through access to advanced technologies such as AI and big data analytics. Additionally, cloud services support secure and collaborative environments, crucial for handling sensitive governmental data. This surge in demand reflects the sector’s commitment to improving efficiency and responsiveness in public services and administration.
 

North America dominated the global secure access service edge market with a major share of over 35% in 2023. In North America, the rollout of 5G networks and Edge AI technology promises faster and more reliable communication, along with real-time decision-making at the network's edge. However, these advancements bring new security challenges that traditional methods may not handle well.
 

SASE solutions offer a cloud-based security framework that protects data and applications from cyber threats while ensuring secure remote access and compliance management. By addressing these new security needs, SASE solutions are expected to see increased adoption among North American businesses, helping them improve their digital capabilities, reduce costs, and enhance their overall security.
 

Companies in Europe are rapidly investing in IT infrastructure, which drives the need for advanced network and security solutions that can adapt to changing business needs. Secure Access Service Edge (SASE) meets this need by offering flexible and scalable solutions that combine networking and security services into one cloud-based platform. This helps organizations meet their changing requirements while improving efficiency and security.
 

Cybersecurity risks such as ransomware attacks and advanced persistent threats (APTs) are increasing across the Asia-Pacific region. Traditional security solutions alone are insufficient to address these sophisticated threats. SASE meets this challenge by consolidating advanced threat detection and response capabilities into a single platform. By leveraging real-time analytics, AI-driven threat intelligence, and automated response mechanisms, SASE enhances defense against evolving cyber threats.
 

For instance, in November 2023, Singtel partnered with Zscaler to offer managed security services across Asia, focusing on enhancing cybersecurity for enterprises in the region. This collaboration provided comprehensive security solutions that addressed the increasing threats faced by businesses as they transition to digital operations. The partnership enabled Singtel to deliver Zscaler's cloud-based security solutions, which included secure internet access, private application access, and comprehensive threat protection.
 

Secure Access Service Edge Market Share

Cisco and Telstra dominate the market with over 10% market share in 2023. Cisco focuses on integrating its extensive portfolio of networking solutions with robust security capabilities. It emphasizes the convergence of networking and security into a unified platform, providing scalable and agile SASE solutions tailored to diverse enterprise needs.
 

Telstra Group Limited leverages its extensive network infrastructure and service capabilities to offer comprehensive SASE solutions. It emphasizes secure connectivity and edge computing, aiming to deliver reliable and low-latency services that meet stringent security requirements. Telstra also focuses on customer-centric solutions, providing tailored services that address specific industry challenges and regulatory compliance needs.
 

Secure Access Service Edge Market Companies

The major players operating in the market are:

• Cisco Systems
• Forcepoint
• Fortinet
• HKT Enterprise 
• NTT Data
• Palo Alto Networks
• Proofpoint
• Singtel
• Tata Communications
• Telstra Group Limited 
   

Secure Access Service Edge Industry News

• In May 2024, Akamai Technologies, Inc announced the Akamai Guardicore Platform helps businesses meet their Zero Trust goals. The Akamai Guardicore Platform is the first security platform to combine industry leading Zero Trust Network Access (ZTNA) and micro-segmentation to help security teams stop ransomware, meet compliance mandates, and secure their hybrid workforce and hybrid cloud infrastructure.
   
• In May 2024, Cato Networks, announced a strategic partnership with e& (etisalat and) to establish a new Point-of-Presence (PoP) within e&'s SmartHub data center in Fujairah, UAE. This collaboration will further expand Cato's global SASE platform and extend the Cato SASE Cloud to enterprises across the UAE and the wider region 
   
• In May 2023, Barracuda Networks, Inc, launched a new platform called Barracuda SecureEdge, a SASE solution that helps make hybrid and remote work easier to secure. Barracuda SecureEdge integrates Barracuda’s Secure SD-WAN, Firewall-as-a-Service, Zero Trust Network Access, and Secure Web Gateway capabilities.
   

The secure access service edge market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($Bn) from 2021 to 2032 for the following segments:

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Market, By Offering

• Network as a service
• Security as a service  

Market, By Service Standards                      

• SD-WAN
• SSE (Security Service Edge)
  • SWG (Secure Web Gateway)
  • CASB (Cloud Access Security Broker)
  • ZTNA (Zero Trust Network Access)
  • FWaaS (Firewall as a Service)            

Market, By Organization Size           

• Large enterprise
• SME  

Market, By End-user 

• BFSI                
• IT & Telecom              
• Retail              
• Healthcare     
• Government               
• Manufacturing                       
• Others            

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Nordics
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • ANZ
  • Southeast Asia
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America 
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA