The secure access service edge (SASE) market earned $2,171.5 million in 2023 and is expected to grow at a CAGR of 26.1% during 2024–2030, reaching $10,588.5 million by 2030. The market expansion is driven by the surge in remote work, widespread cloud adoption, increasing cyber threats, and rapid digitization.
SASE has gained significant traction due to its ability to address security and efficiency requirements. By enabling secure cloud access, it reduces the risk of cyberattacks. The ongoing global digital transformation further accelerates the growth of this market.
Organizations are prioritizing SASE solutions to enhance network security and efficiency. The COVID-19 pandemic spurred the need for remote work, further boosting the adoption of these solutions, as they ensure secure and seamless access to corporate resources from any location. Employers can safeguard data confidentiality while allowing employees to access data and services securely across devices and locations.
This transition has been facilitated by the adoption of a zero-trust model, which focuses on user identity, device characteristics, and contextual access requests, replacing traditional security models. With the rise in cyberattacks across industries, the demand for robust cybersecurity measures continues to grow.
Key Insights
- The security-as-a-service (SaaS) segment is projected to grow at 27% CAGR from 2024 to 2030, offering scalable, customizable, and subscription-based security solutions.
- SaaS supports data integrity and privacy through continuous innovation, meeting the increasing demand for protection against emerging threats.
- The BFSI sector held a 60% market share in 2023, emphasizing the need for strong security solutions to protect sensitive financial data.
- North America led the market in 2023 with a 40% share, driven by technological advancements and the corporate push for secure digital transformation.
- In the Asia-Pacific region, a 30% CAGR is expected due to the growing mobile workforce and rapid digitization, positioning it as a lucrative market.
- SASE integrates security protocols with WAN on a cloud platform, simplifying management and reducing dependency on multiple security solutions.
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