The secure access service edge market is estimated to experience rapid growth during the forecast period of 2021-2031. The growing popularity of secure access service edge architecture due to the plethora of benefits it provides will serve as a profitable growth factor.
The need for converged services to decrease complexity, enhance speed, and enable multicloud networking will boost the growth prospects of secure access service edge market. Furthermore, the digital transformation of businesses to the cloud will have a positive impact on the growth trajectory of the secure access service edge market. Secure access service edge (SASE) architecture is an enterprise security architectural model for networking purposes. It is developed to support the fast application access needs of the workforce.
The continuing trend of a shift from data centers to cloud services is urging many organizations to adopt multiple security solutions. However, providing secure access to cloud services is a Herculean task and the network security architecture remains threatened from cyber threats. Since, secure access service edge architecture blends VPN and SD-WAN capabilities with cloud-native security functions such as cloud access security brokers, secure web getaways, zero-trust network access, and firewalls, it can address the issues of cyberthreats effectively. Thus, all these factors bode well for the growth of the secure access service edge market.
Many players are involved in increasing their influence across the secure access service edge market. They indulge in stiff competition. Research and development activities play a pivotal role in expanding the growth trajectory of the secure access service edge market.
Strategic collaborations also have a crucial part in boosting the growth prospects of the secure access service edge market. Many companies collaborate to provide efficient services to the end-users. For instance, IBM recently collaborated with Zscaler to roll out new SASE services for propelling zero-trust enterprise security. Such developments prove to be beneficial for the growth of the secure access service edge market.
Some well-entrenched players in the secure access service edge market are Hewlett Packard Enterprise Development LP, Versa Networks, Inc., Check Point Software Technologies Ltd., Barracuda Networks, Inc., VMware, Inc., and Palo Alto Networks.
The SASE network architecture has a plethora of benefits. Some of the prominent ones that help increase their growth prospects are as follows:
All these advantages serve as good growth generators for the secure access service edge market.
With the rising popularity of the internet usage, the cyberthreats like ransomware attacks and others have also increased phenomenally. The growing threat is encouraging many companies to adopt secure access service edge architecture as they ensure consistent security posture regardless of the location. In addition, the SASE architecture ensures minimized inefficient traffic with efficient intelligent and secure direct-to-cloud access. All these factors will bring considerable growth opportunities for the secure access service edge market.
North America’s secure access service edge market is estimated to observe a dominating stance during the forecast period. Continued advances in technology, rising cloud services adoption, and extensive spending on IT infrastructure will serve as vital growth factors. Asia Pacific’s secure access service edge market is also prognosticated to witness rapid growth between 2021 and 2031. Frequent cyberattacks on vital IT infrastructures and the expanding IT sector in the region brings immense growth opportunities for the secure access service edge market in Asia Pacific.
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