SECURE ACCESS SERVICE EDGE (SASE) MARKET SEEN SOARING 25% GROWTH TO REACH L USD BILLION BY 2030, PROJECTS UNIVDATOS MARKET INSIGHTS

Key Highlights of the Report:

• Growth drivers: The increasing adoption of cloud services, the growth of remote workforce, and the need for advanced threat protection are driving the demand for SASE solutions.
• Competitive landscape: Major players in the SASE market include Cisco Systems Inc., Palo Alto Networks Inc., Fortinet Inc., and Symantec Corporation, among others. These companies are investing heavily in R&D to provide innovative solutions that cater to evolving customer needs.
• Technology advancements: Next-generation firewalls (NGFWs), zero trust network access, cloud access security brokers (CASBs), secure web gateways (SWGs), and software-defined wide area networking (SD-WAN) are some of the technologies being developed or acquired by major players in the SASE space.
• Security and compliance: With the growing number of cyberattacks and data breaches, organizations are looking for ways to ensure their networks are secure and compliant with regulatory requirements. SASE solutions help organizations achieve these goals while streamlining their operations.
• Cost savings: By consolidating multiple point products into a single platform, SASE solutions can reduce costs associated with managing, maintaining, and upgrading separate systems. Additionally, they offer built-in analytics and reporting capabilities, providing greater visibility into user behavior and network activity.

The Secure Access Service Edge (SASE) Market was valued at 1.52 billion in 2022 and is expected to grow at a steady rate of around 25% in the forecasted period (2023-2030) due to its ability to provide comprehensive security features without sacrificing performance or usability. Secure Access Service Edge (SASE) is a relatively new technology that combines secure web gateway capabilities with enterprise network access. It provides secure access to cloud services and applications while also protecting against cyber threats. Moreover, factors like increasing adoption of cloud-based applications, growing awareness of security risks and advancements in technology artificial intelligence (AI), machine learning (ML), and automation are contributing to the growing adoption of SASE solutions, driving the market’s projected growth.

For More Detailed Analysis in PDF Format, Visit- https://univdatos.com/get-a-free-sample-form-php/?product_id=54410

Some of the recent developments are:

• On December 21, 2023, Cisco announced its intent to acquire Isovalent, a leader in open-source cloud native networking and security, to bolster its secure networking capabilities across public clouds.
• In September 2023, Cisco Systems Inc. announced its biggest acquisition to date, with the purchase of cybersecurity and data observation and analysis company Splunk Inc. for $28 billion in cash.

Conclusion

The Secure Access Service Edge (SASE) market is poised for significant growth in the coming years, driven by the increasing demand for secure access to cloud applications and services. As more organizations adopt cloud-first strategies and move their critical workloads to the cloud, the need for robust security solutions that can protect against both internal and external threats will continue to grow. According to the UnivDatos Market Insights analysis, “Secure Access Service Edge (SASE) Market” report, the global market was valued at USD 1.52 billion in 2022, growing at a CAGR of 25% during the forecast period from 2023 – 2030 to reach USD billion by 2030.

Key Offerings of the Report

Market Size, Trends, & Forecast by Revenue | 2023−2030.

Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities.

Market Segmentation – A detailed analysis of offering, component, and vertical.

Competitive Landscape – Top Key Vendors and Other Prominent Vendors.