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Secure Access Service Edge Market Share

Report ID: GMI5755
Published Date: Aug 2024
Report Format: PDF

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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

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of secure access service edge reached USD 1.8 billion in 2023 and is set to register a CAGR of over 25% between 2024 and 2032, due to increasing cyber security attacks.

In 2023, security as a service segment accounted for over 50% share in secure access service edge industry, owing to its ability to seamlessly adapt to an organizations evolving needs, from scaling for additional users, expanding to new locations, to addressing emerging security threats.

North America market is poised for strong growth through 2032, due to the rollout of 5G networks and Edge AI technology that promise faster and more reliable communication, along with real-time decision-making at the networks edge.

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