Market Insights and Analysis: Global Secure Access Service Edge Market Overview and Projections (2024-2030)
The Global Secure Access Service Edge Market size is valued at USD 2.12 billion in 2023 & is estimated to grow at a CAGR of around 26.74% during the forecast period, i.e., 2024-30. The factors responsible for the surge in the demand for SASE solutions across the globe are increasing cybersecurity breaches, the growing shift of organizations towards digital media, and the implementation of stringent standards regarding cybersecurity.
Top leading companies in the Global Secure Access Service Edge Market includes:
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.
Global Secure Access Service Edge Market Opportunity:
Expansion of 5G Networks to Boost Market Growth – Many regions across the globe are witnessing surging deployment of 5G networks to provide consumers with better connectivity & faster web results. According to the 5G Americas Organization, as of 2022, there are around 1.05 billion 5G connections, an increase of about 76% compared to the previous year. These networks are based on complex network architecture, making them susceptible to vulnerabilities. Therefore, to eradicate these network attacks, telecom companies are increasingly adopting SASE solutions, uplifting the Global Secure Access Service Edge Market.
Moreover, the telecom operators are planning to increase the deployment in several regions in the forecast period. Based on the study by the GSMA company, the 5G connections are expected to reach approximately 6 billion by 2027. Therefore, the need for security solutions would continue to elevate, boosting Global Secure Access Service Edge Market growth in forecast years.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Product Type
-Software- Market Size & Forecast 2019-2030, (USD Million)
-Services- Market Size & Forecast 2019-2030, (USD Million)
-Network-as-a-Service- Market Size & Forecast 2019-2030, (USD Million)
-Security-as-a-Service- Market Size & Forecast 2019-2030, (USD Million)
By Organization Size
-Large Enterprise- Market Size & Forecast 2019-2030, (USD Million)
-Small & Medium Enterprise- Market Size & Forecast 2019-2030, (USD Million)
By End User
-Government- Market Size & Forecast 2019-2030, (USD Million)
-BFSI- Market Size & Forecast 2019-2030, (USD Million)
-Retail & E-Commerce- Market Size & Forecast 2019-2030, (USD Million)
-IT & ITES- Market Size & Forecast 2019-2030, (USD Million)
-Healthcare- Market Size & Forecast 2019-2030, (USD Million)
-Energy & Utilities- Market Size & Forecast 2019-2030, (USD Million)
-Telecom- Market Size & Forecast 2019-2030, (USD Million)
-Others (Manufacturing, etc.) - Market Size & Forecast 2019-2030, (USD Million).
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Global Secure Access Service Edge Market Geographic Reach:
The Geographic Reach of the Global Secure Access Service Edge Market evaluates the spread and significance of Global Secure Access Service Edge market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
- North America: US, Canada, Mexico
- Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
- Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA.
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