SASE Market Scope, Upcoming Trends, Advance Technology, Competitive Landscape, Future Plans & Forecast -2028

SASE Market Scope, Upcoming Trends, Advance Technology, Competitive Landscape, Future Plans & Forecast -2028

“Cisco (US), VMware (US), Fortinet (US), Palo Alto Networks (US), Akamai (US), Zscaler (US), Cloudfare (US), Forcepoint (US), Check Point (US), Netskope (US), Mcafee (US), Citrix (US), Proofpoint (US), Aruba Networks (US).”
SASE Market by Offering (Network as a Service, Security as a Service), Organization size (SMEs, Large Enterprises), Vertical (Government, BFSI, Retail and eCommerce, IT and ITeS), and Region (North America, Europe, APAC, RoW) – Global Forecast to 2028.

The SASE market size is projected to grow from USD 1.9 billion in 2023 to USD 5.9 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 25.0% during the forecast period. The growing preference for remote working practices, increase in traffic across public clouds, and the rising dependence on data centres are further adding to the data security risks. Also, finding  affordable replacements for expensive technologies like MPLS and IPsec will drive the market.

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Network as a Service segment to hold the  highest market share during the forecast period

NaaS (Network-as-a-Service) is a cloud-based network management and delivery model that allows organizations to provision, manage, and monitor their network services through a centralized web-based platform. The increasing adoption of cloud computing, SDN, and network visualization are responsible for the growth of Network as a Service segment.

Large Enterprises segment to hold the highest market share during the forecast period

Many large enterprises are adopting a cloud-first strategy by migrating their applications and data to the cloud. SASE enables secure access to cloud applications and data from anywhere without compromising security. Also, Large enterprises are increasingly investing in new and the latest technologies, such as AI, ML, analytics, edge computing, and hybrid and multi-cloud technologies, to support digital transformation.

Asia Pacific (APAC) region to record the highest growth rate in SASE market in 2023

Asia Pacific is an emerging region in the SASE market.  The governments in Asia Pacific countries are taking steps toward data security. Countries such as India, Japan, and Singapore have updated and introduced new national cybersecurity policies. With the increase in complex cyberattacks and cyberwars between enterprises and hackers, there is a rise in the need for robust cybersecurity solutions further driving the SASE market. Also, the increase the demand for better network management, network visibility and control, and wireless communication, leading to the deployment of SASE in the region.

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Unique Features in the SASE Market

SASE platforms combine security and networking features into a single cloud service. Because of this convergence, businesses can combine their network and security infrastructure, which streamlines administration, lowers expenses, and boosts productivity all around.

Scalability, flexibility, and agility are made possible by the cloud-native architectures that underpin SASE systems. Using a cloud-native strategy enables enterprises to extend their networking and security capabilities in response to changing business requirements.

Instead of depending only on network perimeter defenses, SASE platforms usually adopt a Zero Trust security architecture, where access decisions are made based on ongoing identity and device posture verification. By lowering the attack surface and guarding against insider threats, this strategy improves security.

Security controls are extended to the network edge by SASE platforms in response to the growth of edge computing and the widespread use of mobile and distant devices. This guarantees users’ and devices’ consistent security enforcement and protection when they access cloud-based resources and apps from any location.

Dynamic Policy Enforcement: SASE systems leverage contextual variables including user identification, device type, location, application, and data sensitivity to determine how to apply policies dynamically. Real-time dynamic application and adjustment of policies allows them to change in response to evolving threat environments and user behaviour.

Major Highlights of the SASE Market

SASE is an example of a move away from conventional network-centric security systems and towards a converged paradigm that combines security and networking features into a single cloud-based service. Organisations benefit from this convergence by having more agility, less complexity, and more streamlined processes.

Because SASE solutions are based on cloud-native architectures, businesses may take advantage of the scalability, flexibility, and affordability of cloud computing environments. Regardless of the user’s location or device, this design allows for seamless connectivity with cloud apps and services.

The Zero Trust security concept, which is embraced by SASE, is based on the idea that no person or device, whether inside or outside the corporate network, can be trusted by default. Less privilege access and continuous authentication are two examples of zero trust concepts that improve security and reduce the likelihood of data breaches.

The usage of SASE solutions has increased due to the transition in work patterns to remote and hybrid ones. This is because organisations want to give their remote workers secure, smooth access to corporate resources. SASE solutions allow users to access cloud apps from any place or device with consistent policy enforcement and secure communication.

SASE protects people and devices using cloud services from branch offices, remote locations, and Internet of Things devices by extending security controls to the network edge. Organisations can safeguard dispersed systems and reduce security risks related to edge computing by utilising edge security capabilities.

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Top Companies in the SASE Market

CISCO is a global provider of networking equipment. The company has been designing, manufacturing, verifying, and selling integrated products and services since 1984. It also offers Internet Protocol (IP)-based networking, security, and cybersecurity products and services. Cisco’s zero-trust security ensures complete security across organizations’ networks, applications, and environments. This approach helps secure access from users, end-user devices, APIs, IoT, microservices, and containers. It protects the workforce, workloads, and workplaces.

The company’s customer base includes large enterprises and small and mid-sized businesses with security solutions, such as SASE, Software-Defined Wireless Area Network (SD-WAN) Security, Cisco Zero Trust, Cisco Secure Data Center, and Cisco Application-First Security. Cisco Security Technology Alliance enables open, multi-vendor product integrations with Cisco’s security products. The company offers services such as advisory, implementation, and managed services. It has strategic alliances with Apple, A10 Networks, Alien Vault, AWS, Centrify, Fortinet, Google, and IBM Security. It has a significant presence in the Middle East, North America, Latin America, APAC, and Europe

VMware, Inc. being pioneered the development and application of virtualization technologies, server-based computing, application software and the underlying hardware, VMware evolved to be the private cloud, mobility and management leader. Its corporate headquarters are located in Palo Alto, California, with 38,300 employees worldwide. Their services support and address customers’ key priorities, including Products and Technology Solutions, modernizing the applications, accelerating their cloud journey, managing multi-cloud environments, modernizing the network using commodity hardware, empowering anywhere workspaces and embracing zero-trust security. They enable digital transformation applications, infrastructure and operations for enterprises’ constantly evolving business and employee needs. The cloud-native advanced applications allow businesses to bring ideas to the market faster and respond sooner to customer’s demands.

They cater to a services of Layer 2-7 virtual networking and security solutions with innovative software-based capabilities for switching, firewalling, routing, intrusion detection and intrusion prevention systems, network detection and response, service mesh, load balancing, and SD-WAN for enterprise and Telecoms. These solutions enable networks to connect and protect workloads running on bare metal, virtual machines, and across data.

Fortinet was founded in 2000 and is headquartered in California, US. The company is a leading content and network security solutions and services provider. The company’s managed service portfolio includes firewalls, Advanced Persistent Threat (APT) detection, WLAN and switching, virtualized security, Identify and Access Management (IAM), and application security. Fortinet offers a comprehensive set of solutions for large enterprises and SMEs. Furthermore, the company offers solutions for carriers, cloud service providers, and Managed Service Security Providers (MSSPs). The company caters to various industry verticals, including government, education, financial services, retail, and healthcare. Retail Wi-Fi solutions enable retailers to transform the shopping experience and convert walk-bys into walk-ins, showrooms into loyal customers, and loyal customers into brand ambassadors. Its location-based marketing solution leverages big data and in-store consumer intelligence to detect what a showrooming shopper is browsing for and to counteract with instant deals to match competitive pricing in real-time to shoppers’ devices or nearby digital signage. It serves more than 10,000 customers in 180 countries present in the Americas, Europe, MEA, and APAC regions.

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