In 2023, the secure access service edge market amassed USD 2,171.5 million in revenue. It is projected to experience a compound annual growth rate (CAGR) of 26.1% from 2024 to 2030, potentially reaching USD 10,588.5 million by 2030. This growth of the market can be credited to the growing need for increasing cloud adoption, remote work, rising number of cyberattacks, and extensive digitalization.
SASE has risen as the prime target for the domain as it enables a business to configure network and security solutions in a cloud-based computing environment. Currently, the presence of COVID-19 has intensified the requirement for workers to be telecommuting, which has eventually led to a rising number of clients wanting such solutions as they permit access to company resources securely as well as their effective use from any location.
Employees can access corporate data and applications securely from essentially anywhere on their devices without any risk of the data loss due to security issues. This model is based on the concept of zero trust, so described because it focuses on who a user is, the compatible devices available and the context of the request, setting aside old security models that were heavily dependence-oriented.
The security as a service category is expected to have the higher growth rate, of 27%, from 2024 to 2030. This security management approach, based on subscription costs, is not only effective but it’s also economical as it grants subscription access to various specialized services. It is fantastic tailoring given the ever-growing need for safeguarding.
Data integrity and privacy continue to be so basic issues that companies should deal with. By virtue of SaaS vendors, safeguarding the networks from new threats becomes more perfect thanks to the competence, readiness and innovativeness of the SaaS providers.
In the recent years, the North American region dominated the market, and the region is also projected to dominate the market in future as well. SASE is a developing networking and security solutions that syndicates security functions and wide area networking (WAN) into a unified cloud-based service. The constant technical improvements and huge IT infrastructure expenses are mainly boosting the market in the U.S. and Canada.
Forecasts indicate the APAC region in the SASE market is growing at the highest CAGR of 30% from 2024 to 2030. This growth is driven by developing desires for security and cloud networks as well as their popularity for market interface.
The demand for support services is forecast to witness a substantive uptick during the study period which will have a direct impact on the growth imaginable of the market. Further, the APAC region has shown a marked increase in the number of mobile workforces, as many worker amongst them are habitual of the engagement from remote locations.