What is the posture of the secure access service edge market today? And what is the reason for this? Let us get to explore more on this topic below.
Secure Access Service Edge Market
The secure access service edge or SASE market is now steadily growing. In fact, it is slated to rise to be worth $4.1 billion by 2026 as compared to the $918 million last year in 2021. By 2027, this is expected to rise more and reach a staggering $5.6 billion market value.
What, then, is the reason for this rise? Well today, we are now experiencing a paradigm shift in the digital landscape. And this is the reason why organizations are now moving toward adopting hybrid cloud and on-premises environments. This is to create more scalable and flexible networks.
In light of this, the secure access service edge market is now poised to grow and move forward with the rest of the market.
On top of that, it is also seen to be driven by factors such as:
- Increasing demand for data encryption
- Need for increased visibility into network traffic and resources
- Growing need for integration with virtualized security platforms
- Growing need for automation in security operations
- Need for centralized policy management and enforcement
- Growth of mobile workforce and BYOD initiatives
- Need for end-point detection and response (EDR) solutions
So, all these factors are expected to drive the SASE market alongside other factors like:
- need for new security technologies,
- the high adoption rate of cloud services,
- an increasing number of hack attacks,
- the growing e-commerce industry,
- growing awareness regarding privacy concerns,
- high adoption of the Internet of Things (IoT),
- growing need for data encryption,
- need for increased visibility into network traffic and resources, etc
These factors are also expected to be responsible for pushing the SASE market forward.
Secure Access Service Edge Functions
What, then, are the main functions of SASE? Firstly, it provides a secure point of access to critical business resources and applications and allows users to access their data in a secured manner. Then, this is done with the help of centralized policy enforcement and security management.
SASE also provides integrated identity, policy, and access control functions for networked enterprise resources. This allows for the provisioning of granular user and application access controls. This is independent of the deployment model or location. This also allows for centralized policy management and enforcement. This is different from the traditional security perimeter.
Moreover, the market is further segmented into two main segments: deployment mode and end-point device type. The deployment mode, on one hand, is segmented into two parts; the on-premises segment and the cloud segment.
On the other hand, the end-point device type is segmented into four parts. These are desktop/laptop, mobile device, IoT device, and server/workstation. This all brings us to understand that the market for SASE is now growing steadily.
Conclusion
As you can see, the market for SASE is growing. This is in line with the industry and it is seen to grow steadily in the next decade or so. This is also expected to be driven by the various factors listed above. We hope that we have addressed all your questions regarding this topic.